Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    4
    If you don't get into IB what is your fall back?

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

    18
    ReputationRep:
    Defo audit and ACA
    • TSR Support Team
    Offline

    20
    ReputationRep:
    (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

    Posted from TSR Mobile
    Offline

    11
    ReputationRep:
    (Original post by Princepieman)
    software engineering

    Posted from TSR Mobile
    That’s just as competitive, if not more, surely?
    • TSR Support Team
    Offline

    20
    ReputationRep:
    (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".

    Posted from TSR Mobile
    Offline

    1
    ReputationRep:
    (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....?
    Offline

    20
    ReputationRep:
    geography teacher
    Offline

    11
    ReputationRep:
    (Original post by Princepieman)
    software engineering is a pretty wild field, note how I didn't imply "at a Google/Facebook-type company".

    Posted from TSR Mobile
    I see, so you mean at a smaller firm
    • TSR Support Team
    Offline

    20
    ReputationRep:
    (Original post by desaf1)
    I see, so you mean at a smaller firm
    just a more normal company

    Posted from TSR Mobile
    Offline

    9
    ReputationRep:
    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.
    • Thread Starter
    Offline

    4
    (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.
    Offline

    9
    ReputationRep:
    (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.
    • Thread Starter
    Offline

    4
    (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.
    Offline

    1
    ReputationRep:
    (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.
    Offline

    9
    ReputationRep:
    (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.
    Posted on the TSR App. Download from Apple or Google Play
    Offline

    12
    ReputationRep:
    big 4 tax or software development
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    What newspaper do you read/prefer?
    Useful resources

    Articles:

    Guide to investment bankingGuide to consultancy

    Featured recruiter profiles:

    Deutsche Bank logo

    Deutsche Bank is recruiting

    "Thrive in an international banking environment"

    Quick link:

    Unanswered investment banking and consultancy threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.