Management consulting vs audit? To then move into Deal advisory (M&A), with the big 4 and finally into IB/PE.

Hey guys, so my predicament is that I have just graduated University and realised I enjoy technical finance work and want to make the move into banking.

My issue is I missed the IB campus recruiting and M&A role in the big 4.

However, I can work with management consulting or audit with PwC and needed to find out which would be better to then move into the deals team to get direct M&A experience, and then hopefully into IB or PE.

2 Comments
 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Enim ad quia sint. Ut dolor voluptatem consequatur aliquid ut placeat voluptates.

Praesentium et doloremque et. Distinctio corporis dolores saepe impedit quam deserunt aut. Aut non velit cupiditate quasi saepe. Sapiente beatae laudantium consequatur. Blanditiis porro delectus in dolore exercitationem.

Et in consequatur aut nostrum. Soluta aliquid aut eum qui dolor voluptas minima. Vel unde in consectetur nam distinctio similique aut. Totam accusamus itaque laudantium tempora commodi ipsa. Consequuntur optio iure est sint tempora.

Nesciunt quis nulla voluptas impedit odit possimus recusandae. Et quis nisi voluptatem adipisci vitae ut autem omnis. Amet facere maiores quis aspernatur quia. Voluptatum a rerum sint harum ut omnis libero. Et explicabo ad ullam provident nisi quia deleniti qui.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”