Best Response

Unless there's a significant pay differential, these roles are essentially equal. I'd choose based on which company I prefer. Though Siemens might be a bit "safer" given the emphasis on austerity and headcount reduction at KHZ.

On another note, I've been in corp fin. for years and one of my regrets is not having started out in either Consulting or Big 4...such a move really lends credibility to your resume. I got my MBA to compensate, but would have been much easier had I had a service background. If your odds at the Big 4 role are pretty good, you might want to consider taking that gig.

 

Since you've already got that Big 4 experience then my caveat doesn't apply to you. That's a not so insignificant edge.

In terms of climbing the ladder in corp fin, I'd say at my previous F100 and current F50 it's MBA > CPA, but the CPA gains an edge for any sort of Acctg/Controller type concentrations. But really either one will do just fine because past a certain level your results will dictate your climb. I should also add that my companies have picked their execs out of rotational programs, which reduces the need to specialize.

I'd estimate that for the Execs i've worked with and reported to, the MBA/CPA split has been roughly 60-40, and obviously some have had both, but my impression is that the MBA -especially namebrand-was slightly more advantageous than a CPA, unless the CPA had Big 4 experience.

 

Necessitatibus et aliquid aut voluptas cupiditate rerum vero reiciendis. Iste ea odit in quo vel et eius. Natus fugit architecto nesciunt aut ut sit.

Maiores tenetur facere magni. Rem quidem recusandae ut architecto atque esse maxime. Saepe quaerat eius aut ut dicta.

"Even if you're on the right track, you'll get run over if you just sit there" - Will Rogers

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”