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PwC Salaries

Which sector pays best for PwC? Actuarial, Tax, Strategy, or Financial Advisory?

And for Ernst and Young?

This is for Summer internsip by the way.

Reply 1

Juggy123

go into property make a mill! :smile:

accountancys boring!

Reply 2

uthinkilltellu

14

All divisions pay the same, except maybe corp fin.

But you shouldn't choose a place based on how much they are paying you at the intern level.

Reply 3

456789

uthinkilltellu

All divisions pay the same, except maybe corp fin.

But you shouldn't choose a place based on how much they are paying you at the intern level.

Yeah because they all go up in later years to a very good level

Reply 4

stosie

For summer vacation everyone gets the same pay but on graduating if you have no exemptions from exams and if it's the same as deloitte from highest to lowest.

Consultancy
Actuarial
Accountancy

Then after qualifying
Actuarial
Consultancy
Accountancy

This is for the same grade. I don't know where corporate finance fits sorry about that.

Reply 5

monkeyspearfish12

I ended on £28k a year (with bonuses) and I was only in support! Must be higher for the "real" PwC jobs!

Reply 6

Thee_One

ey is over 30k for cf

Reply 7

stosie

For vacation schemes it will be around the £23000 mark next year I would think.

Reply 8

Squita

I completed a summer internship at pwc this summer and we were paid £400 per week.

Reply 9

uthinkilltellu

14

Squita

I completed a summer internship at pwc this summer and we were paid £400 per week.

That's too low. What where you doing? And what were the hours?

Reply 10

Mochamoo

£400 for an intern at pwc is viable depending on where you live in the country, what experience you have, how far you are in to a degree / aca.

Reply 11

Rachel1188

Squita

I completed a summer internship at pwc this summer and we were paid £400 per week.

I can second that.

£400 isn't low at all. I know someone at EY only getting £280, but that was in Leeds.

Reply 12

uthinkilltellu

14

Rachel1188

I know someone at EY only getting £280, but that was in Leeds.

Can get more by living on the dough...

Reply 13

Squita

I was based in the London office and was in the Assurance/Audit department and we were all paid £400 per week...but i assume the Strategy interns got paid more.

Reply 14

Rachel1188

uthinkilltellu

Can get more by living on the dough...

Yes, which is why I mentioned it was in Leeds.

Reply 15

Nabster_88

stosie

For summer vacation everyone gets the same pay but on graduating if you have no exemptions from exams and if it's the same as deloitte from highest to lowest.

Consultancy
Actuarial
Accountancy

Then after qualifying
Actuarial
Consultancy
Accountancy

This is for the same grade. I don't know where corporate finance fits sorry about that.

I thought big4 consultants don't get a qualification?? or do they do aca??

Reply 16

sul

14

kpmg corporate finance grad 2009 1st yr 26.5K london. fact. not sure if they get paid bonuses. . . . take away tax/ni and student loan repayment on a weekly basis and you end up with about £365/week. is it even worth it!?

Reply 17

Thee_One

ha thats rubbish, join ey

Reply 18

love2learn

4

sul

kpmg corporate finance grad 2009 1st yr 26.5K london. fact. not sure if they get paid bonuses. . . . take away tax/ni and student loan repayment on a weekly basis and you end up with about £365/week. is it even worth it!?

Bonuses in second year apparently, but the way the market is going that's got be to worth very little. And on top of that you're getting one of the least respected qualifications on offer for that division in the Big 4 (rivals offer ACA or CFA both of which are a lot more valuable and have higher tuition / examination costs). So all in all, you're getting rubbish pay, and a worse qualification (especially as usually the qualification makes up for rubbish pay). But apparently a better reputation, and I'm not sure that really makes such a difference. I've heard all of the rest of the Big 4 pay more for that division, with possibly EY being the highest (?).

You got an offer?

Reply 19

uthinkilltellu

14

For Corp Fin, out of the big4, KPMG is the best.
But ask your self this:
26.5K - working semiIBD hours - studying for exams - bonus - inferiority complex +semiexit options = is it really worth it?

Why not do accountancy, still get ACA, work reasonable hours, still get (26.5k - X), and have the same exit options?

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