Big 4 Audit: Atlanta or NYC, post five year Master of Accounting program

Hi all,
I am about to enter my fourth year in the five year Master of Accounting program at my school and I want to hear everyone's opinions about starting a public accounting career in Atlanta versus NYC. I did a couple Big 4 leaderships programs in Atlanta this summer but after doing a finance internship, I realized that if I want to work in the financial services industry after auditing, I should strongly consider starting out in NYC. However, NYC has a crazy cost of living and I really don't know that much about the city. Would Atlanta really be that bad of a city to start out in considering I might want to work in financial services after auditing? Thanks for all the help and advice.

 

If your end goal is finance, NYC hands down. You need to think long term here. Where can you build a network? NYC. Where are most major financial firms located? NYC.

I know tons of people in Big 4 accounting who are doing just fine living there right out of school. Get a roommate or 2 and your total monthly expenses drop dramatically. Build up a few months worth of living expenses as a cushion before you start making any big purchases, don't blow your paycheck at clubs on the weekends, and you'll be fine. Yes NYC is expensive, but it's also manageable.

 

NYC is expensive but as some as noted it's not to an oasis where a select few live. You could save considerable amount of money living in the boroughs and then commuting to the city.

But again it's rolling the dice, your client could be anywhere.

 

For FS, NYC for sure. For general F500 exit opps or something, Atlanta is still a huge market. Right up there with NYC and Chicago in just general size. If you weren't set on FS, you could pick just based on the city you want and be fine, but for FS its NYC.

 

Atlanta. SIGNIFICANTLY lower cost of living ($2,000 for a studio in NYC vs. $1000 for a very large 1 or 2 bedroom apt in Atlanta), likely better work hours (less face time for the sake of face time - Southern culture respects your life outside of work), and while not as robust a finance environment in Atlanta, there's certainly less competition for spots in the banks in the city (not difficult to get a job at somewhere like SunTrust with solid Big 4 experience). If you want to hate your life, sell your soul, and live in a shoebox, move to NYC.

 

Corporis eum fuga occaecati rerum enim. Perspiciatis qui quasi sed omnis. Ipsum eius sint saepe unde fuga.

Asperiores qui ratione aut doloribus molestiae. Aut praesentium alias eos eum ex quia. Voluptas quis et quia dicta modi non. Sunt praesentium excepturi minus repellat explicabo velit iusto aut.

Autem quo est consequatur sunt. Quia sunt esse voluptatem. Aliquam possimus ducimus consequuntur aut enim. Commodi et ab explicabo est tempora sit. Est aspernatur tempora eos quas repellat.

Laboriosam ullam mollitia cumque sint quia fugit. Doloribus ipsam id libero sed.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
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...”