Leave Big 4?
Hi everybody,
Long story short. I am part of a rotational graduate program at a Big 4 in Europe. I have been working for 1 year in M&A at the Big 4, but was transferred for a 6 months rotation in Transaction Services last week. Even though the program requires to rotate through different solutions, I feel miserable by the change as I enjoyed my M&A job a lot, and was given a great amount of responsibility for a junior. I feel that this is a step backwards in my career trajectory, going from M&A to Transaction Services.
I am currently assessing whether it is worth it to continue at the Big 4, or leave and focus on finding a job in M&A/at a fund.
Any advice would be much appreciated.
If you're 18 months in you can probably find an IB job elsewhere. It's a reasonable story that you preferred M&A, don't want to spend a year in transaction services etc. A smaller boutique or MM would probably be happy to have you, and you could work your way up to a BB/EB from there
Thank you for your reply!
What’s at the end of the road when your done with your rotations? Is there any sizable promotion or pay increase? The deal side of big 4 seems much more interesting than audit (a good friend said big 4 audit was a borderline waste of his career - he was only exposed to one large company).
I still have one more year until a promotion that would entail just a 10-20% increase in base, and moderate increase in bonus. In addition to that, after this year I would be assigned to a solution which could be M&A, but also Transaction Services.
The reality is that deals is much better than audit. But I feel that after more than 1 year in M&A, moving to Transaction Services is a clear step back in terms of (i) what I want to do in life, and (ii) quality of exit opportunities.
You can easily pivot to a boutique/MM with your M&A experience. Don't stay in TS any longer than you have to. Teams are still hiring, so get contacting recruiters.
Aspernatur animi illo ipsa est quae molestias maxime. Suscipit ut veritatis atque eveniet omnis. Dolores officiis cumque voluptatum quas.
Voluptas quis quod nihil qui dolorum dolorem. Debitis voluptas et eveniet reprehenderit inventore. Quia veniam sint fuga incidunt commodi aspernatur itaque sint. Non id iusto fuga quas similique qui. Saepe eos eos eaque.
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...