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Q: Big4 - Yearly salary increment

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  #7731 (permalink)  
Old 30-05-2022, 09:30 AM
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Undergrad here. Why do so many people join big4? I’m in NTU and all my cohort people are talking about which big 4 is good. Why don’t join IB when you can earn 5x more?

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  #7732 (permalink)  
Old 30-05-2022, 09:50 AM
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Undergrad here. Why do so many people join big4? I’m in NTU and all my cohort people are talking about which big 4 is good. Why don’t join IB when you can earn 5x more?
Because not everyone can get in IB, unless you FCH and good portfolio.

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  #7733 (permalink)  
Old 30-05-2022, 10:03 AM
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Oh how times have changed. I feel like a boomer in this thread.

During my time, all my friends looked up to Big4 as the gold standard, the holy grail, the dream, and the goal.

If you made it into Big4, among us, then the general consensus is “you’re set, you’ve made it in life”.

Our view of the job is that it had everything we could ask for - good learning experience, working in teams, big brand name on resume, can get CPA (back then still ICPAS, the renaming to ISCA is relatively recent), can have good networking experience, within five years you can meet CFOs, CEOs, enter board room meetings. You gain both hard and soft skills. Your peers are going include your friends from school, your direct reporting Senior could even be just your senior from school too.

Life’s good.

The career model is you must earn your dough, 先苦后甜, and prove your worth - some long hours for lower starting pay is expected, but we think long term, forecast the benefit over our entire career and conclude it’s a winner. It made sense - you start from the basics and work your way up.

We knew the trade-offs, we did our homework, we went in willingly and happily.

Even first class honors graduates and Dean listers will apply.

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  #7734 (permalink)  
Old 30-05-2022, 10:03 AM
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Undergrad here. Why do so many people join big4? I’m in NTU and all my cohort people are talking about which big 4 is good. Why don’t join IB when you can earn 5x more?
ntu is big 4 factory
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  #7735 (permalink)  
Old 30-05-2022, 11:31 AM
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Hi I will probably graduate with 3rd class any chance of going into big 4? Nothing special on my portfolio also.
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  #7736 (permalink)  
Old 30-05-2022, 11:51 AM
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Hi I will probably graduate with 3rd class any chance of going into big 4? Nothing special on my portfolio also.
There's no more third class honors already
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  #7737 (permalink)  
Old 30-05-2022, 11:51 AM
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ntu is big 4 factory
My time yes, now I don't see as many of them wanting to go audit already
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  #7738 (permalink)  
Old 30-05-2022, 12:31 PM
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can get CPA (back then still ICPAS, the renaming to ISCA is relatively recent)
Hi Uncle, ICPAS was renamed to ISCA in 2013, that’s 9 years ago.

9 years is enough for A1 to climb to SM.

How boomer are you?
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  #7739 (permalink)  
Old 30-05-2022, 12:47 PM
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my cohert all quit after 1 year
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  #7740 (permalink)  
Old 30-05-2022, 02:45 PM
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wow blue pay 1.4k to interns now?

dont need compare pay among big 4. Interns are paid in exposure =)
lmao, RSM paying 1.5k for interns, kpmg should increase to match the market rate
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