Deloitte ACA vs Barclays ACA - Exit Opportunities -> Product Control?

Currently holding a Deloitte offer for tax, considering the Barclays FLDP ACA route....

In terms of exit opportunities, say into product control ...lets not talk about equity research or anything FO for now.

Which job role (post qualification) would make it easier for me to get into a bulge bracket IB's product control area? If they are both the same then I am guessing Barclays FLDP ACA programme should be better seeing as they pay heaps more.

In a bit of a dilemma, if anyone does know please advise.

Reply 1

Samtheman1

If it pays more then go for BarCap - then transfer to PC. Simples.

Reply 2

yothi5

Deloitte is boring. As is Barclays.

Reply 3

Mos Def

Original post by Samtheman1

If it pays more then go for BarCap - then transfer to PC. Simples.

I was asking to see which would give me a better chance in terms of moving into PC, as I know alot of other grads will be making the same move, from other Big4 and other Top10 practises, so I just wanted to know if I would be disadvantaged in terms of future employment if I were to come through barclays.

Reply 4

Vodking

If you're qualifying in Tax then I'd say you're at the bottom of the pile of Big 4's newly qualified ACAs looking to move into MO/FO - there will be dozens of Audit & TS guys applying with more relevant experience.

Barclays all the way.

Reply 5

Brotherhood

Original post by Vodking

Yep!

Reply 6

stanmoor

Original post by Mos Def

I'm actually a Product Control specialist at a recruitment company at the minute. Big 4 ACA Audit is what we usually look for, for people looking to break into PC. I've met up with hiring managers and from what I have heard, as long as you have ACA (first time passes usually), then you have a good chance of getting into BB PC.

Reply 7

T.Adams VI

Original post by stanmoor

Do you know what the pay is like in BB PC for big 4 ACAs, and whether or not the career is a dead end?

Reply 8

stanmoor

Original post by T.Adams VI

Do you know what the pay is like in BB PC for big 4 ACAs, and whether or not the career is a dead end?

On temp side, £250-350/day dependent on experience, so about £55k+. I'm currently recruiting for a 1 year contract as a Commodities PC, it's pretty junior so only £38k. It's hard to get to FO from it, but I guess it is possible.

Reply 9

T.Adams VI

Original post by stanmoor

Do you know what the bonus' are like? I.e as a percentage of salary..

Reply 10

stanmoor

Original post by T.Adams VI

Do you know what the bonus' are like? I.e as a percentage of salary..

It's dependent on the company, and it's usually discretionary anyway so I wouldn't know.

Reply 11

T.Adams VI

Another question, do you reckon there is good chance to move into market risk from product control, especially if you work in FICC?

Reply 12

Mos Def

Original post by stanmoor

It's dependent on the company, and it's usually discretionary anyway so I wouldn't know.

Question to you also if you don't mind, where can someone with Big4 Financial Services Tax expereince move into in industry? Seeing as auditors and others have a better chance in PC, surely Tax must have some advantages in other areas?