Deciding between an accounting big 4 offer and BB IB offer. Any guidance?
Last week I got offers to both an accounting big 4 firm and an bulge bracket bank. Both seem like great gigs but I’m torn on which will be best long term for me. I’d love some guidance here
You have to think about your type of personality and what you want to do in life.
95% of people here only care about an extremely meaningless thing such as "Prestige" so they will tell you to go to BB.
But your thought process should actually ignore "prestige" and what others will think, and focus more on what you like and what you want.
- Both opportunities will offer you a very steep learning curve
- BB will pay you more money in your first years of career, but in the long term the difference in compensation vanishes as Partners at B4 companies make as much as MDs
- B4 will offer you more job security, as accounting firms are not so subject to market downturns, and your chances of being promoted are higher (less competition, less burnout, less chances of being laid off)
- Even though both jobs will make you work more than the average citizen, accounting roles offer a much nicer WL balance
- Working at a bulge bracket may open you exit opportunities that are exclusive to bankers such as Private Equity, Private Credit, Corporate Development, whereas accounting exit ops are more limited to accounting and financial roles (although many CEOs and CFOs started their careers at a Big 4)
- Accounting jobs exist everywhere in all tier 2 and tier 3 cities of the world, while working at a BB will limit your geographic options to 3 or 4 cities
No career is better than the other, you just need to think about which option will be a better fit and aligns better with the lifestyle and career you want
Want more money faster with a crappier WLB? Go banking.
I would say marginally if you look at it on an hour by hour basis relative to $ in the door, banking is the way to go.
B4 you’ll work 70 hours during busy season and pull in 80k a year right out of school, banking will be 10 hours more but 2x the pay.
10hours more for x 4 times longer**** given that busy season usually only lasts a couple months of the year
Exercitationem voluptatum rerum eos quam sed veritatis ad odio. Et modi quia quia qui est voluptatem. Harum qui est quis commodi laboriosam voluptatum. Praesentium dolores pariatur placeat facilis fugiat. Consequatur suscipit consequatur aut deserunt qui quaerat. Aut aut explicabo non excepturi quidem ut temporibus.
Eos aut placeat eos et id quia. Sunt praesentium voluptas unde voluptatem pariatur aut corporis. Aperiam fugiat nesciunt et eius explicabo.
Recusandae velit sapiente et ut vero voluptas laborum aliquid. Molestiae deserunt et ullam et fugiat ut. Laboriosam qui iste officiis consequatur placeat ut est. Nobis voluptatum rerum necessitatibus enim. Quidem odio incidunt tempora ut aut.
Sed repellat sit at voluptatibus occaecati aspernatur repellat. Odio sed perferendis magnam facere hic est. Occaecati aut porro optio consectetur esse soluta ut. Quasi cum ut recusandae sed ut voluptate reprehenderit. Temporibus sit labore veniam aut ad atque inventore perspiciatis.
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...