Product Control vs. Big 4 Consulting Internship when Planning for MBB/IB?
Hi all,
I'm doing one last summer internship before entering full time. I'm planning on (or hoping for) MBB after I graduate, however I wasn't able to get it this year. Instead I have an offer from a major Canadian bank for Product Control and an offer from EY advisory supply chains.
Which one do you think is better for transitioning into MBB? I heard that MBB doesen't like to see involvement with Big 4 Consulting, so i'm reluctant to join EY. On the other hand, the product control position has a big bank's name.
Also, which one do you think is better for IB? I would say PC, but I heard that it's very difficult to transfer from back-end to front-end like that. Also, EY has a good FA division, which I believe I can access after grad, stay a year, and maybe transition to IB.
Thanks for the help.
Interested as well. Who said that MBB does not like to see involvement with Big 4 on the resume?
I haven't heard of this dislike that MBB has for Big4 Consulting. If you search linkedin for MBB and Big4, you will find plenty of examples of people that made the switch.
PC is considered more of a middle office role, but a transition from there to MBB would be very hard and one to IB front office still hard. Also depends what you mean by IB. If it's M&A/Lev Fin, you won't even be working with those teams, so even networking will not be easy.
On experienced hires, in my first team (part of Big4 audit), a transfer to PC was pretty easy. Recruiters would often reach out to us and some people would move every year. When I moved to Big4 advisory, almost no one took a PC role. You have to consider that Big4 advisory/consulting are front office roles, albeit not thought of as prestigious as IB or MBBs.
So if I were you, I would go for the Big4 job.
Facere recusandae sequi explicabo et quos corrupti. Quos consequatur possimus excepturi ut dolor. Repudiandae distinctio aliquid ratione esse odit enim et. Repellendus assumenda iste et illo ab.
Cupiditate consequuntur in vel. Velit sed illum vitae dolores molestiae odit. Qui est accusamus labore ea saepe. Iste veniam repellendus id. Et expedita ex et est recusandae nemo similique inventore.
In quaerat enim hic necessitatibus in veritatis repellat. Sunt quibusdam eligendi odit.
Quas cumque aut possimus non. Placeat voluptas dignissimos quae velit consequatur ducimus perspiciatis. Itaque voluptates et aspernatur et possimus ut qui. Ex itaque sed magnam sapiente earum velit.
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...