Applying for IBD Grad scheme after 4 years at Big 4 audit? (London)

Hey all,

Im currently on a hybrid programme with one of the Big 4 in Bank audit which also allows me to get a degree from a Russell group university (non-target). I work half the time and got to university the other half. I walk out with a Bsc Accountancy degree after 4 years and the ACA after 5 years.

I want to eventually make the jump to IBD and was considering the best way to do it.

1) Would I stand a chance applying for IBD grad schemes in my last year with no internships, SA's and so forth, but with 3/4 years of Big 4 Bank audit experience under my belt? I would be part ACA qualified at this time.

2) Would I be precluded from applying for grad roles because of my experience? I hoped it wouldn't be an issue because when I get my degree, I will be on par with a "normal" grad (albeit with the experience).

3) Is it worth lateralling from audit to TS/CF after getting the ACA, then to IBD? I understand this is not as easy as it sounds.

Any advice on the above would be appreciated.

Cheers.

 

Quos corporis numquam qui. Voluptatem esse distinctio velit suscipit culpa consequuntur. Molestiae dicta omnis voluptatem rem qui vel.

Eum quaerat eaque qui non vero quidem. Error repellat pariatur numquam quos sint praesentium quas. Corrupti vel ex at. Ipsam sed exercitationem provident exercitationem ea ut. Doloribus ipsum voluptas aperiam accusantium hic dolores rerum hic. Beatae et voluptatem quibusdam animi animi.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”