Moving as a senior from KPMG to PWC

Hi everyone,

I am currently a newly promoted senior in KPMG and have been with the firm for 2 years. I have expressed my intention to move into transaction svcs this year and spoken to people, however all that has been futile. My mid-term goal would be to become a manager and then do an mba in 3-4 years time.

I dont mind staying in audit for a few more years, however, i dont really enjoy the current industry im auditing in KPMG. I audit clients in the electronics industry and there isn't much leeway for me to move out. My managers are reluctant to transfer me to other units and i'm quite frustrated with the rigidness. I recently interviewed w PwC and I was offered a position as a senior in audit. During my interview at PwC, the partner told me that staff get to audit various industries and its alot more mobile. I feel like accepting their offering and tendering my notice however I'm not sure if its really worth making the move. The big thing stopping me is the fact that my current manager is really nice and helpful. As long as i dont screw things up, i shld be able to be promoted without much issues.

Is it worth making the move given my mid-term goal? I'm not an exceptional performer at present and not very close to my managers.

Thanks in advance for your advice!

 

Well you have to think about it this way... You have a network where you are currently, have a manager that is willing to be a sponsor to you when it comes time for promotions. Are you really ready to lose that and go somewhere you have to have your work speak for itself and also have to rebuild a network you spent two years building?

Beast
 
Best Response

Plenty of people find themselves in your situation, and plenty of people make the move. You'll build a new network at PwC, and having the old one from KPMG will be a huge asset down the road. As those folks leave for industry, you'll have contacts from both KPMG and PwC that will later help you build / sell new business.

On that note, you'd want to be a little more careful at the Manager / Senior Manager level because of sales targets, and your lack of an internal network could hinder you there, but as a Senior I you are at the perfect place in your career to make a move. I would say PwC is viewed more favorably than KPMG anyway in regards to exit ops, TAS or otherwise. I say make the move.

 

Hi all,

Thanks alot for your replies. I'm not troubled over losing the network that I have built at KP because at the end of the day, i still cant move out of my industry and my managers arent doing enough to help me with that. The daunting part is starting afresh vs having a great mgr who will help me during promotions, but it's alittle exciting at the same time, just have to get over the inertia.

trazer985, will pm you!

 

I went through something similar. My perception is that situations like this are becoming more and more common as the Big 4 deal with the fact that they've been working their employees to death for the past 2-3 years without compensating them or giving them any opportunities. At least, I'm guess you, like myself a couple months ago, feel that way.

I don't want to make a decision for you. I agree with Angelus that you don't want to undervalue your network. Remember what it was like starting at KPMG? It will be just like that at PwC. The other thing I would consider is that the guy at PwC who said you would have more mobility is recruiting you. Think back to when you interviewed with KPMG and think about what they told you that ended up being true and what didn't. Good luck man, congrats on the offer!

 

Quod quia possimus tempora est fugiat molestiae consequatur. Earum ipsa nemo voluptates. Est voluptas sunt omnis accusamus. Aperiam pariatur illo ut ratione officiis. Ea repellendus dignissimos inventore ducimus dolor quaerat.

A qui expedita qui alias sit vitae. Cumque et in autem quaerat sit rem quisquam. Est voluptas nulla quasi voluptatum et cumque sapiente. Est similique dolore officia aut hic sit. Ratione sapiente ut est recusandae consectetur aut quia voluptatem. Atque error est omnis in odio.

Impedit expedita et ex repudiandae quia excepturi. Consequatur recusandae eum magni illum eum et. Minima et magni rem ducimus beatae aspernatur. Quibusdam quod doloribus sed laboriosam. Impedit saepe rem amet nihil ea.

Odit natus illum aperiam veniam. Magnam id culpa necessitatibus. Possimus sed possimus dolor velit soluta qui. Aut error qui dolorum in aut repudiandae nostrum. Aperiam quaerat et optio ipsa necessitatibus. Ea nisi sint eius voluptates. Ut dolorem ipsum debitis aut eveniet eum aut officia.

Career Advancement Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

March 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

March 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (99) $225
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • 3rd+ Year Associate (108) $130
  • Senior Consultant (329) $130
  • Consultant (586) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (145) $115
  • Engineer (6) $114
  • 2nd Year Analyst (342) $102
  • Associate Consultant (166) $98
  • 1st Year Analyst (1046) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (547) $67
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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
kanon's picture
kanon
98.9
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...”