9Fin Credit Analyst? New York
How would you view a graduate joining 9fin as a Credit Analyst after missing out on IB/AM? Clearly not the ideal route, but would this be seen as a stronger option than something like Big 4 audit for someone ultimately interested in Credit/Markets, or adjacent roles?
Comp is broadly similar but no exam sponsorship with 9Fin vs CPA with Audit. Any advice from how the market would view that experience longer term, would be appreciated.
Based on the most helpful WSO content, here's how the market might view this scenario:
Relevance to Credit/Markets: Joining 9fin as a Credit Analyst could be seen as a more directly relevant role for someone interested in credit or markets compared to Big 4 audit. While Big 4 audit provides strong foundational skills in accounting and business operations, it is often viewed as a stepping stone to broader finance roles. In contrast, a Credit Analyst role at 9fin would likely involve analyzing credit markets, financial modeling, and working with debt instruments, which aligns more closely with your ultimate goals in credit/markets.
Branding and Exit Opportunities: Big 4 audit is a well-trodden path with a clear structure and strong brand recognition, especially for those pursuing CPA certification. However, staying too long in audit can pigeonhole you as an accountant, making transitions to finance roles more challenging. On the other hand, 9fin, while potentially less recognized than Big 4, offers niche experience in credit analysis, which could position you better for roles in credit, markets, or adjacent areas.
Compensation and Certification: The lack of exam sponsorship at 9fin (e.g., CPA) is a notable downside compared to Big 4 audit. CPA certification can be a valuable credential, even outside of accounting, as it signals technical expertise and discipline. However, if your focus is firmly on credit/markets, the direct experience at 9fin might outweigh the benefits of a CPA in the long term.
Long-Term Market Perception: The market would likely view 9fin experience favorably for roles in credit or markets, as it demonstrates direct exposure to the field. However, if you decide to pivot to broader finance roles (e.g., investment banking or asset management), the Big 4 audit route might provide a more traditional and recognized pathway, especially if paired with an MBA or networking efforts.
Advice:
In summary, while neither path is "ideal" compared to IB/AM, 9fin offers a more targeted experience for your goals, whereas Big 4 audit provides a broader foundation with a more traditional exit route.
Sources: Accounting vs Finance: Part 1 – Career Paths, Q&A: Big 4 Audit -> TAS -> Private Credit, Accounting vs Finance: Part 1 – Career Paths, Exiting Big Four (Audit) after 5 years and entering FP&A - Ask me anything
I would take 9fin
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