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    If you don't get into IB what is your fall back?

    Mine is probably Big 4 audit and then just go from there.
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    (Original post by √√√√)
    If you don't get into IB what is your fall back?

    Mine is probably Big 4 audit and then just go from there.
    software engineering

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    (Original post by Princepieman)
    software engineering

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    That’s just as competitive, if not more, surely?
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    (Original post by desaf1)
    That’s just as competitive, if not more, surely?
    software engineering is a pretty wild field, note how I didn't imply "at a Google/Facebook-type company".

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    (Original post by √√√√)
    If you don't get into IB what is your fall back?

    Mine is probably Big 4 audit and then just go from there.
    You'd rather do audit than regular banking or an analyst role out-with IBD....?
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    (Original post by Princepieman)
    software engineering is a pretty wild field, note how I didn't imply "at a Google/Facebook-type company".

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    I see, so you mean at a smaller firm
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    (Original post by desaf1)
    I see, so you mean at a smaller firm
    just a more normal company

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    This IB or nothing logic is tragic. To not think there’s not at least half a dozen other divisions within those same banks that are worth your time to apply for should not be dismissed so easily.

    Big 4 audit = dull, overworked, underpaid.
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    (Original post by BusMan21)
    This IB or nothing logic is tragic. To not think there’s not at least half a dozen other divisions within those same banks that are worth your time to apply for should not be dismissed so easily.

    Big 4 audit = dull, overworked, underpaid.
    Big 4 audit has decent exit opps though.
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    (Original post by √√√√)
    Big 4 audit has decent exit opps though.
    Is there? That seems to be a soundbite that’s repeated on forums but I don’t see how or where. Maybe I’m wrong.
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    (Original post by BusMan21)
    Is there? That seems to be a soundbite that’s repeated on forums but I don’t see how or where. Maybe I’m wrong.
    Hmm maybe it is, I've heard it a lot though.
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    (Original post by √√√√)
    Hmm maybe it is, I've heard it a lot though.
    As someone who works there at the moment I can tell you it's not such a pretty picture.

    If you're the best in your year and network properly you can maybe move into corporate advisory in big 4 once you're qualified. Then maybe you can move on to IBD... about 5-7 years behind everybody else.

    What's more common is to move into business risk, which is almost equally as boring as audit.
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    (Original post by BSahed)
    As someone who works there at the moment I can tell you it's not such a pretty picture.

    If you're the best in your year and network properly you can maybe move into corporate advisory in big 4 once you're qualified. Then maybe you can move on to IBD... about 5-7 years behind everybody else.

    What's more common is to move into business risk, which is almost equally as boring as audit.
    Couldn't agree more, this is something I suspected.

    IMO big 4 Audit only leads onto...even more audit. Or at best, another similar function.

    This idea that moving into Audit would lead you seamlessly into IBD would be a huge mistake.
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