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Which are the most lucrative/competitive roles in the Big 4? Watch

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    Which roles tend to be the highest paid?

    Which roles tend to give you the best opportunities if you want to move in other sectors (banks, etc) or companies?

    By roles, I'm talking about: audit, assurance, actuary, consulting, deals, financial advisory, technology, tax, etc.....
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    (Original post by sleepless steve)
    Which roles tend to be the highest paid?

    Which roles tend to give you the best opportunities if you want to move in other sectors (banks, etc) or companies?

    By roles, I'm talking about: audit, assurance, actuary, consulting, deals, financial advisory, technology, tax, etc.....
    strategy consulting
    deals/corporate finance/TAS
    normal consulting/advisory/actuarial
    audit/tax

    everything else

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    (Original post by Princepieman)
    strategy consulting
    deals/corporate finance/TAS
    normal consulting/advisory/actuarial
    audit/tax

    everything else

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    In that order? So strategy consulting is the most lucrative, then corporate finance, etc?
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    (Original post by sleepless steve)
    In that order? So strategy consulting is the most lucrative, then corporate finance, etc?
    roughly, yes. corp fin doesn't seem to pay as well as I thought after speaking to a few people in the role. they're definitely the two highest paying roles though.
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    (Original post by Princepieman)
    roughly, yes. corp fin doesn't seem to pay as well as I thought after speaking to a few people in the role. they're definitely the two highest paying roles though.
    By the way, is audit the same as 'assurance'? They're both accountancy aren't they?

    what do you think about starting off in audit/assurance, getting the ACA qualification and then moving into consulting? Is it fairly easy to do?

    Not sure if my worries are misplaced, but I fear just doing consulting wouldn't leave me with any firm skills. Whereas if I start off in accounting and get the ACA, if the economy screws up, I've at least got something extra to fall back on.
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    (Original post by sleepless steve)
    By the way, is audit the same as 'assurance'? They're both accountancy aren't they?

    what do you think about starting off in audit/assurance, getting the ACA qualification and then moving into consulting? Is it fairly easy to do?

    Not sure if my worries are misplaced, but I fear just doing consulting wouldn't leave me with any firm skills. Whereas if I start off in accounting and get the ACA, if the economy screws up, I've at least got something extra to fall back on.
    yes.

    I'm not sure how easy that switch is tbh.


    The ACA is great but ultimately is treasured for very different roles to the skillset consulting offers. ACAs here do tend to get a bit more interest from the finance world - i.e. your banks, asset managers etc. Which is a plus but it's still just a certification and certainly not the be all and end all of professional development.

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    Why is accounting so low?

    surely after you complete the aca qualification, you'll be making more than consultants and corporate finance people, not to mention as well that investment banks love hiring accountants, so the exit opportunities to work are ££££££££££££
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    (Original post by jaynnmmmhouse)
    Why is accounting so low?

    surely after you complete the aca qualification, you'll be making more than consultants and corporate finance people, not to mention as well that investment banks love hiring accountants, so the exit opportunities to work are ££££££££££££
    some exit opps pay well sure, but staying at a big4 and then going into traditional accounting roles would compensate a lot lower than what's available to people in corpfin or consulting.

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    (Original post by jaynnmmmhouse)
    Why is accounting so low?

    surely after you complete the aca qualification, you'll be making more than consultants and corporate finance people, not to mention as well that investment banks love hiring accountants, so the exit opportunities to work are ££££££££££££
    The starting salary isn't as high as banking or consulting but remember that finance directors make a lot and a lot of accounting jobs are outside London where the cost of living is far lower. Same can't be said for banking
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    (Original post by Princepieman)
    some exit opps pay well sure, but staying at a big4 and then going into traditional accounting roles would compensate a lot lower than what's available to people in corpfin or consulting.

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    So basically, accounting would only pay more in the long run compared to consulting if you go into investment banking?
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    (Original post by sleepless steve)
    So basically, accounting would only pay more in the long run compared to consulting if you go into investment banking?
    yh
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    For Deloitte, how do these grad roles compare in terms of competitiveness of getting the job, money, and exit opportunities?


    Financial Advisory (restructuring, transaction, M&A, etc)

    vs

    Strategy and Operations Consulting, Monitor Deloitte



    Would you say that Financial Advisory is better for going into Investment Banking later on?
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    (Original post by sleepless steve)
    For Deloitte, how do these grad roles compare in terms of competitiveness of getting the job, money, and exit opportunities?


    Financial Advisory (restructuring, transaction, M&A, etc)

    vs

    Strategy and Operations Consulting, Monitor Deloitte



    Would you say that Financial Advisory is better for going into Investment Banking later on?
    yes

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