BB middle office financial controller or PwC TAS

So this past summer worked in the finance group at a BB in NY. (Did risk controller work - market risk...credit risk...etc) Looking to get into the industry full time again this recruiting season but if that doesn't work should I go with my current BB offer or go with the TAS position with a goal of M&A work in the future? Thanks for everyone's advice in advance!

3 Comments
 
Best Response

While I discourage seeking career counsel from a public forum I must say that in this market a gig in M&A advisory at Big 4 or consulting ain't that bad at all because you engage with f500 clients and you'll quickly obtain transaction experience while building transferable skills in valuation and due diligence for a variety of transactions.

A controller gig is more like an internal audit function at the entry level which may be attractive (depending on your long-term goals) if you want to understand financial reporting for FIGs/brokerages, or are looking to transition to FIG banking, but believe me, you won't advise a diverse client base like the front office bankers, or Big 4 M&A advisory. Your client will be MS's CFO or CAO and that's it. Big 4 M&A advisory will expose you to the same clients at any BB for assistance with deal due diligence, valuation, allocation of purchase price, and other very important functions.

Following the demise of LEH/ML/BS, bulge bracket prestige and glory just won't be what it once was, so I'd start out at a position where I can develop a diverse skill set to aid me when this market takes off again. It's not where you start, but how you finish.

Goodluck buddy.

 

Provident laboriosam temporibus et quisquam. Dolorem aut natus animi doloremque voluptas quaerat autem. Enim quaerat perferendis sint et dolores consequatur magnam.

Iusto animi sit ut quos voluptatem sint excepturi libero. Amet voluptatibus nihil voluptas praesentium. Sequi et enim sunt voluptatem voluptatem natus. Sunt eos voluptate saepe aperiam. Fugiat velit cum ullam necessitatibus et ea.

Velit quia et placeat atque est optio. Eos ducimus aspernatur earum sed accusamus et non quidem. Voluptatem cumque architecto odio. Dolorem non sint officiis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”