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Manager in CorpFin:

Join Big 4 Audit FIG group (3yrs), pivot to TS (1-2yrs), apply to IB FIG groups as A2

Dont think ive ever seen BB BO Audit to FO where as ive seen quite a few people make the jump from Big 4 audit (ACA).

Eh, this move is not as pretty as is often described on WSO.

At least for Deloitte:

Say you join in September 2024

There is 0 chance you can transfer until you’re done with all of your ACCA exams.

So 3 years to complete these until September 2027

Then, no one will take you into TS randomly. You’ll need to do a summer placement with them.

This likely means waiting until Summer 2028.

Then it depends. If they like you, you have a good partner that is happy to transfer you out, you’ll either be able to join TS very soon thereafter, or do one more busy season and join in Summer 2029 (seen it both ways).

You’ll then need to do AT LEAST 1 full year, but likely 2 to be able to move to a bank as an A2. So the most optimistic pathway is joining banking in 2030-2031. This is provided you still want to after 4-5 mind numbing years in audit and 2 in TS.

I say this as someone who knows multiple people that made the Audit -> TS move within Deloitte and was considering this move, AND as someone who spoke to people at BBs about it.

It does happen, and it’s a relatively decent way to break into banking.

But if you can, why not just do a masters in a target and try to break into banking after?

If you’re lacking internships, you can do a strong 2-year MFin in Europe like Bocconi or HSG. As someone with 2+ years of audit experience, trust me, this a way better life choice than audit for 5 years.