Canadian Non-Target unsure how to proceed for SA 2027
Am I in trouble for SA 2027 recruitment?
Context: 3rd year (of 5) at a non target university in a lower mid market city ( think USask/UManitoba/Dalhousie). I'm trying to recruit for SA 2027 roles in IB, and wanted to secure an internship for this summer to help boost my resume. I have a solid GPA, finance clubs, did an internship at a commercial lender last summer.
I made last round for internships at a Big 5 IB off-cycle and a Big 4 M&A role, but got neither. My remaining option is an offer for audit for the summer (local Big 4 office).
My question: as a non-target with limited alumni & contacts in IB, do I stick with the audit role or hold out to try for something in calgary or toronto?
Based on the most helpful WSO content, here's what you need to know:
Taking the audit role at a local Big 4 office is a solid move, especially given your current position as a non-target student with limited alumni and contacts in IB. Here's why:
Audit as a Stepping Stone: Many successful transitions into IB have come from Big 4 audit roles. The skills you develop—attention to detail, accounting knowledge, and diligence—are highly transferable to IB. Additionally, being at a Big 4 firm gives you access to internal mobility options (e.g., Transaction Advisory Services or Corporate Finance) and a strong brand name on your resume.
Networking Opportunities: While in the audit role, you can leverage the Big 4 network to connect with professionals in M&A, Corporate Finance, or even alumni who have transitioned to IB. Use LinkedIn extensively to build relationships with people in Calgary, Toronto, or other financial hubs.
Calgary/Toronto Roles: Holding out for a role in Calgary or Toronto without a backup could be risky. The audit role ensures you have a strong foundation and relevant experience to discuss in future interviews. You can still apply for off-cycle roles or network aggressively while working in audit.
Long-Term Strategy: If IB is your ultimate goal, consider the following:
In summary, accepting the audit role is a smart choice for now. It provides stability, a strong brand name, and a platform to build the skills and network needed to break into IB. Simultaneously, keep networking and applying for roles in Calgary or Toronto to maximize your chances.
Sources: I went> B4 Audit> B4 CF > IB: Ask me anything, What are the best alternatives of IB (or other high finance)/Consulting if people don't get in?, Advice for SAs who didn't get return offers, Accounting major, can't seem to break into IB, Q&A: Big Four Valuation Associate - Deciding Whether This Job Is Right For You
Voluptatem aut quis ex dolorem. Eum et exercitationem reprehenderit deserunt nostrum similique consequuntur nesciunt. Beatae aut fugiat ratione sit maiores. Magnam accusantium ea illo doloremque nobis.
Sint voluptates assumenda non reprehenderit quae quia. In accusantium at totam quod rem neque occaecati.
Non voluptas tempore adipisci nemo explicabo commodi voluptatibus. Consequatur vel rerum animi sequi excepturi id omnis. Similique aut placeat quo aut illum doloremque ullam. Porro eum sint quos et illo. Ipsum dignissimos ut et at repudiandae illo. Pariatur ullam ullam eum aspernatur.
Cupiditate sed quia soluta sunt ut corrupti. Vitae explicabo iure mollitia accusantium. Consequatur quod reprehenderit voluptas illo vero. Et qui dolorum laborum molestiae. Est voluptas nam quia dicta. Delectus eius nemo soluta.
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...