Deloitte Advisory vs Deloitte Consulting
I'm considering a position with Deloitte Advisory.
While this position is different from Deloitte Consulting, I've found there are many similarities.
I was wondering if anyone with experience would be able to compare the two. Particularly the general attitudes at Deloitte between them and the exit opportunities each presents.
I'm looking at Advisory at all of the Big 4, but I'm concerned that if I picked up Deloitte Advisory it might just feel like a lesser version of Deloitte Consulting, whereas the other Big 4 may have much more fleshed out Advisory practices.
You may be stretching the term "advisory" a bit. I'm guessing you're talking about Deloitte Financial Advisory Services? More information on their website about FAS here: http://www.deloitte.com/view/en_US/us/Services/Financial-Advisory-Servi…
It being something different than the traditional "consulting" role, it's not exactly comparable to the rest of the Big 4's "advisory" arms (and of course a step down [or perhaps, more aptly, just different] than Deloitte Consulting).
Sorry I don't have an answer for you, just another question.
I am also interested in getting into Big Four advisory. I was wondering what you majored in, and if they Big Four prefer accounting students for their advisory vs finance students. Going off of that- is a CPA required/recommended for their advisory even though it isn't tax/audit? Thanks for any info, it's much appreciated.
I majored in Economics and Accounting.
Besides Deloitte where I applied into general Advisory, with the other firms I've been interviewing primarily with Advisory focused in Financial Services. My experience in retail banking and consulting internship experience are what made me most competitive. This is for undergrad btw.
As far as CPA, none of the firms care if you can get it for Advisory. When asking if they prefer I obtain it (I can go either way), they said it really came down to my personal preference.
Back to phila, I'm very familiar with what the role is. My real question revolves around what you can transition into from Deloitte Advisory versus Deloitte Consulting.
Deloitte- Financial advisory group (Originally Posted: 09/17/2007)
How good is it since it is relatively new? pay structure? hrs? thanks in advance
I guess it depends on your perspective of new. It is not brand new. Forensic audit and valuation are two of the bigger groups. It would be good experience, but it is not investment banking. I'm not sure on the pay, but would think it lies somewhere between the audit and consulting salaries. Could be closer to consulting though. As an FSS it is much smaller than any of the others (audit, consulting etc). If your interest is in IB I would suggest the valuation group.
Deloitte corporate finance vs. Deloitte Consulting (Originally Posted: 02/13/2014)
Whatsup guys, I currently just received an internship offer at both Deloitte CF and Deloitte Consulting (S&O) and am really having a lot of trouble deciding what to choose. My goal right now is to learn as much about business (primarily finance) out of undergrad as possible to figure out what I want to do and eventually attend a top 5 B-School.
I know a lot of you will say Deloitte Consulting hands down, but for DCF I would be placed directly under the McColl Partners IB Group - a Charlotte-based boutique founded by former BofA CEO Hugh McColl, which was acquired by Deloitte last summer. I really liked everyone there and although they only focus on mid-market deals and are in the southeast, their MBA placement is ridiculous (70% have gone to either HBS/GSB/Wharton) and PE placement is >80% (mainly MM but a few now work at KKR and Carlyle) - all confirmed. This is primarily because the MDs really go out of their way to help analysts. I would be working in either Charlotte or LA.
But then again I know Deloitte Consulting is very reputable and well-rounded and I will be able to learn a ton. I would probably work in NYC as well, which would be cool. Pay may be a bit lower than CF.
Please let me know what you guys think I should do - especially those of you who have experience at either. Thanks.
This is no different from choosing between consulting and IB in general, so peruse the various threads on that topic and you'll hopefully be able to figure out what it is you want.
True but to be honest I have already done that and still do not know which one I would like more - as clueless as that may sound. So basically what I want from this thread: if you were in my directionless shoes, which do you think would actually have a steeper learning curve and open more doors?
Bump...could use some suggestions
This is really a question of personal preference, which is impossible. I'd say go with your gut in this situation - which people do you think you will have the best time working with? You can go any way from both places if you work hard at it, so don't let that fool you. Do you have good friends that will be in either NYC or LA? That could play in to it as well. You've got two great offers, so maximize for happiness instead of perceived prestige.
Ya you're right. Anyone else doe?
Sounds like you're sold on DCF.
I think consulting, in isolation, opens more doors than CF. Hwever, Cf may open more doors in the particular direction you are looking for (B school and PE). You need to asses which working environment you would like best (having great tutors is an enormous plus imo) and which direction of opportunities matters most to you.
It sounds like you feel that CF is the better choice, but that consulting also sounds good. Occasionally to are faced with multiple attractive options; in that case you should choose which options you think is better - not what option is perfect and leaves no room for doubt. I'd go with CF and I think you want to as well.
I have a friend at DCF. It's a solid group and they pays very well especially when you live in the south
whats the pay in DCF like vs. KPMG?
Similar, below street.
EY Business Advisory Practice Vs Deloitte Consulting BTA (Originally Posted: 10/18/2014)
As mentioned in the title, I was just wondering on the Pros and Cons of each offers and exit opportunity
I was a BTA for the better part of two years, and echo the above post. The Deloitte brand was a big part of getting into a top 25 business school even if it was from the tech side as opposed to S&O. As Scott said, there are many other components (GMAT, GPA, Letters of Rec, Interviews..), but Deloitte definitely won't hurt. If you're thinking about GSAP, that's a whole different animal and very competitive to get into especially from the tech side.
Hope that helps.
You really have to consider what you want to do. The EY BAP program is more in the enterprise/compliance consulting realm while BTA is technology consulting. BAP will have little or no implementation work, while in BTA there's a good chance you will be doing implementations.
In BAP you'll focus on finance clientele, such as investment banks, commercial banks, hedge funds, insurance firms. BTA clientele is varied I believe.
As the above posters have said, Deloitte is a really good brand name in terms of business school. But you are in tech consulting, therefore it is more difficult then their S&O consulting branch to get tuition reimbursement and maybe even to get into b-school. EY will give you at least as good of an opportunity to get tuition reimbursement, if not better than BTA.
I say do what interests you, because in both groups you will have to well to get into b-school.
BAP is pretty broad in its work, which can range from compliance consulting to more management/higher level strategy stuff for financial institutions. AFAIK it is a growing practice, and from what I've heard, has pretty good exit ops to B-school.
I second the part about growth. FSO is growing fast and gaining more clients/projects. This might be a good time to get in.
Repost
Thanks for the replies and insights, if it helps. The current iteration of BAP is not just focused on the FSO but rather the whole Business advisory
Deloitte Consulting's BTA program +1
any reason why?
Deloitte Risk Advisory (Risk Consulting) to Management/Strategy Consulting (Originally Posted: 07/17/2015)
Hi,
Just some quick info on myself: I just graduated from Imperial College. Applied to several consulting firms from Deloitte's Risk advisory division(formally Risk Consulting/ERS) .
In the end,I took up the offer with Risk Advisory division. Initially, I thought the job will be similar in some aspects to management consulting but on deeper research I realized that it was more of internal audit, controls testing and occasionally actual management consulting stuff. As it is my only job offer right now, I accepted it. I did apply for I will love to hear from more experienced people on how I can leverage this opportunity for a potential future move to management/ strategy consulting. Also, I worry that I may be stuck/pigeonholed in this job.
Thank you!
Your research is indeed correct – most of Deloitte ERS work is focused on internal controls and some audit support; however, there is opportunity for process improvement and other more exciting risk work.
So don’t get down – you still landed a GREAT role. Deloitte ERS is a fantastic way to launch a career, because you’re going to learn a lot about the “guts” of a business, and you’ll likely have the opportunity to transition into other groups later on if you desire. I started in this group and worked my way into a management consulting role at another firm. My buddy started here also – he ended up getting into Booth and is now MBB.
So my advice is this: understand that this is still a great opportunity; learn as much you can; constantly network; and work your ass off. If you do this, you will be in a strong position to land a consulting role with opportunity for more strategy work.
I'm very curious about this because I'm in a similar position. I just got into EY Risk with the intention to get my CPA. I'm excited because I love the company, but I've heard so many mixed things about going from accounting to management consulting.
How can I network effectively to change from risk to management consulting? I feel like I would encounter some resistance if I confessed I was looking to change groups. Also, how did your friend make the transition from ERS to Top 10 Business School? I've heard that Big 4 isn't a big feeder into the best programs, but it helps to have F500 or some other prestigious experience on your resume. Is that what your friend did?
I would really appreciate any help you could offer. I've been thinking about this a lot over the last few months and not many people seemed to be able to help.
Hi,
Thanks for your reply and advice. Indeed, I hope that I will have my fair share of process improvement and more intellectual 'risk' work as opposed to internal audit.
Another question: Deloitte has also offered to pay for my ACA studies (although I am in ERS). In your opinion, should I study for the ACA? I am not looking to be an accountant, but i understand that having the ACA qualification will add some 'power' to my Resume.
Repellat est ipsa iste ut omnis ratione. Qui quasi voluptatem enim delectus neque quo est. Et sunt nesciunt enim ipsam eos nihil. Doloremque omnis autem doloremque sunt. Excepturi impedit consectetur reprehenderit magni ab explicabo sunt. Quasi accusantium repudiandae ut minus harum molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quaerat amet ea dolor numquam ut neque voluptas. Temporibus iste aspernatur iste dolorum quidem sunt eos. Earum numquam autem saepe et a asperiores rem. Velit dolor hic eum minima. Quia esse minus voluptatem sunt vero omnis. Rerum asperiores vel quas consequuntur rerum aut illo in.
Officiis sequi dolorem voluptas voluptate reiciendis nisi quaerat. Rerum vel eaque occaecati et modi aut.