The Student Room Group

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Reply 1
martino
Hi Guys

Does anyone know what PWC, Deloitte etc. pay as their base salary for students joining the firms graduate programmes? Their websites only mention "competitive" but was wondering if anyone knows roughly what the starting salary would be.

Also does anyone know what they pay during an internship or year placement?

Thanks.


I heard it was about £500 a week.
Reply 2
yawn
I heard it was about £500 a week.


I doubt its higher than the first year grad salaries!

What area are you interested in finding the starting salaries about? Audit, Tax, CF, TS? Or the consulting side?
Reply 3
PwC pay £12k for their gap-year programme.
Reply 4
cor
I doubt its higher than the first year grad salaries!

What area are you interested in finding the starting salaries about? Audit, Tax, CF, TS? Or the consulting side?


I am interested in Audit starting salaries...
Reply 5
cor
I doubt its higher than the first year grad salaries!

What area are you interested in finding the starting salaries about? Audit, Tax, CF, TS? Or the consulting side?


I know someone who is currently on a Year Abroad (3rd year penultimate) and came back for a PWC summer internship assessment for Tax.

He was offered the internship paying £480 per week + help with accommodation costs.
Reply 6
yawn
I know someone who is currently on a Year Abroad (3rd year penultimate) and came back for a PWC summer internship assessment for Tax.

He was offered the internship paying £480 per week + help with accommodation costs.


Tax isn't Audit :wink:
Reply 7
cor
Tax isn't Audit :wink:


Who said it was? :confused:
Reply 8
yawn
I know someone who is currently on a Year Abroad (3rd year penultimate) and came back for a PWC summer internship assessment for Tax.

He was offered the internship paying £480 per week + help with accommodation costs.


That seems about right - £12,000 for 6 months.
Reply 9
yawn
Who said it was? :confused:


the OP!
Reply 10
cor
I doubt its higher than the first year grad salaries!


I understand Deloitte pay scholars the same as first year graduate recruits (but obviously on a pro rata basis)
Reply 11
tomtom43
I understand Deloitte pay scholars the same as first year graduate recruits (but obviously on a pro rata basis)


I think its slightly lower than their first year grad salaries, although if you add in the bursary and such it probably amounts to approximatly their first year salary.

*sigh* if only KPMG were so kind.
Yeah, I heard that graduates get very similar pay to Scholars.
Deloitte pay Scholars at least 15K, this year London-based Scholars were earning in excess of 19.5, not too shabby. I presume graduates will get something like that (give or take according to inflation lol)
Reply 13
Fortune Cookie
Yeah, I heard that graduates get very similar pay to Scholars.
Deloitte pay Scholars at least 15K, this year London-based Scholars were earning in excess of 19.5, not too shabby. I presume graduates will get something like that (give or take according to inflation lol)


Their Actuarial students start on £27,000 pa.
Fortune Cookie
Yeah, I heard that graduates get very similar pay to Scholars.
Deloitte pay Scholars at least 15K, this year London-based Scholars were earning in excess of 19.5, not too shabby. I presume graduates will get something like that (give or take according to inflation lol)


for a year, or for the 6th months?!
Reply 15
ThornsnRoses
for a year, or for the 6th months?!


Deloitte scheme is 7months (or 8) afaik.

Its £10,500 + £1,500 travel bursary. So, £13000. It might of gone up slightly, but not significantly.
Reply 16
Fortune Cookie
Yeah, I heard that graduates get very similar pay to Scholars.
Deloitte pay Scholars at least 15K, this year London-based Scholars were earning in excess of 19.5, not too shabby. I presume graduates will get something like that (give or take according to inflation lol)



I attended a Final Assessment Day with Deloitte and can assure you that yo are wrong. The pay for London is 19K pro-rata, which as Cor said, equates to about 10.5/11K for the 7 months one work there. Then as Cor also mentions there is a bursary of £1500, so not "at least 15K" at all.
Reply 17
Just to clear this whole gap year salary thing up...its quite annoying seeing all these rumours!

PwC - £17,500 pro-rata (for 2005 students, should be higher this year)
Deloitte - £19,000 pro-rata
KPMG - £14,500 pro-rata (comparably worse!!!)
Accenture - £18,000 pro-rata (just in case anyone wanted to know)

These all of course don't include extras - possible sponsorship at university, paid work experience while at university, travel bursary.................................
ThornsnRoses
for a year, or for the 6th months?!


Lol! Prorated for the year! If that was for 6 months, i'd definately GET IN!

I apologise for my lack of clarity on which some people have chosen to pick up on, but I still maintain that during the gap year, the minimum salary (prorated for no. of weeks in the placement) is £15,000. In London, it's in the region of 19K - that .5K was audacious of me, I know :P

And during University, that gets bumped up to £16,900 (again, this figure is prorated for no. of weeks in the placement - just for clarity :wink: )

Haha, and at the risk of sounding compleetely materialistic -don't forget company phones!!:biggrin:
Reply 19
spursrule
Just to clear this whole gap year salary thing up...its quite annoying seeing all these rumours!

PwC - £17,500 pro-rata (for 2005 students, should be higher this year)
Deloitte - £19,000 pro-rata
KPMG - £14,500 pro-rata (comparably worse!!!)
Accenture - £18,000 pro-rata (just in case anyone wanted to know)

These all of course don't include extras - possible sponsorship at university, paid work experience while at university, travel bursary.................................


KPMG is less in regional offices. I'm not sure if the same applies to other firms.