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Middle office at BB vs Big4 audit pay watch

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    Hello. I am currently deciding between these two careers and I've done research on many expects of each career- such as the work involved, the skills required, the opportunities, the training and stuff but one thing I can't find is the salary for both.

    The salary information tends to be different on every website and usually only includes the starting salary. I was wondering what I) the starting salary 2) the salary after around ten years would be for middle office work (risk) a audit at a big4 firm.

    Thanks so much and I would appreciate either an answer or how I can get an accurate answer myself because googling isn't giving me very accurate info.
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    (Original post by fayeztheman)
    Hello. I am currently deciding between these two careers and I've done research on many expects of each career- such as the work involved, the skills required, the opportunities, the training and stuff but one thing I can't find is the salary for both.

    The salary information tends to be different on every website and usually only includes the starting salary. I was wondering what I) the starting salary 2) the salary after around ten years would be for middle office work (risk) a audit at a big4 firm.

    Thanks so much and I would appreciate either an answer or how I can get an accurate answer myself because googling isn't giving me very accurate info.
    Big4 is way lower when you factor in bonus. But then again an ACA qual + some time spent in CorpFin can lead to a slew of front office opportunities.

    But roughly entry level is:

    Audit ~ £29-30k in London , £19-22k elsewhere

    MO (particularly risk, compliance etc) ~£45k + bonus

    Upon qualification after 3 or so years, for a Big4 Audit gig, you're looking at £45k or £50-60k in-house. Obviously more if you choose to go down the high finance exit opp route.

    Associates in MO can pull £60-80k all-in.

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    For middle office salary info:
    http://news.efinancialcareers.com/uk...rs-experience/

    The average salary of an ACA qualified accountant 6-9 years after qualifying is £86000.
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    Don't chase the money if your good at what you do it will come
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    It's too hard to say after "ten years" because there's just too many variables.

    After ten years in Big 4, you could be a Partner (although very very very very very unlikely), you could be a really strong manager, or somewhere in between. I don't know many people who have stayed at a Big 4 employer for ten years, most chop and change or move onto something else
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    (Original post by Princepieman)
    Big4 is way lower when you factor in bonus. But then again an ACA qual + some time spent in CorpFin can lead to a slew of front office opportunities.

    But roughly entry level is:

    Audit ~ £29-30k in London , £19-22k elsewhere

    MO (particularly risk, compliance etc) ~£45k + bonus

    Upon qualification after 3 or so years, for a Big4 Audit gig, you're looking at £45k or £50-60k in-house. Obviously more if you choose to go down the high finance exit opp route.

    Associates in MO can pull £60-80k all-in.

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    DAYM that's high as a salary, but I've heard that hours in the banking industry are insane and stressful af so I guess you give what you're paid for.
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    (Original post by neal95)
    Don't chase the money if your good at what you do it will come
    Yeah I guess that's true. I'm going to look more at other factors before deciding.
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    (Original post by fayeztheman)
    DAYM that's high as a salary, but I've heard that hours in the banking industry are insane and stressful af so I guess you give what you're paid for.
    Only i-banking has 'insane' hours, everything else is 9-12 hours a day and middle office definitely more 8am-6pm.*
 
 
 
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