Big 4 M&A/CF Salary/Progression (with ACA)
Hi all,
I am due to start a graduate role in M&A for one of the Big 4 (London). It is a 3 year scheme where I will (hopefully) have achieved my ACA qualification during the period.
Does anyone have any idea about both career and salary progression within the M&A/CF teams at a big four, including bonuses for those divisions. Obviously it is not the same as BB IBs however I just wanted to get an idea as I think its important to keep in mind.
There seems to be a lot of conflicting information online... Thanks for any help.
I have seen the following exits immediately after qualification to the following places: - Lateralling into larger banks Analyst programs as Analyst 2s (I've seen both BB and EB) - Lateralling to MM /LMM Banks as a Senior Analyst or Associate - LMM/MM PE as an Investment Analyst/Associate
If you stay on for a few years post qualification to get to Manager, I have seen the following: - LMM/MM PE Investment Associate/Manager - Various Banks (BB/EB/Boutiques) at Associate / VP depending on the firm
This is by no means an exhaustive list but these are the exits I've seen from my friends and colleagues.
Source: I left to a boutique after qualifying in the Big 4 and have friends who have made the above moves.