Nov 03, 2015
KPMG Deal Advisory or PwC Valuation
Trending Content - Off Topic Forum
| +5 | Lisnekwjse disband | 1 | 2d |
| 0 | Where are the Granola Girls? | 3 | 19h |
Career Resources
Career Advancement Opportunities
August 2026 Investment Banking
-
Evercore 01 99.5%
-
Moelis & Company 01 98.9%
-
JPMorgan 01 98.4%
-
Morgan Stanley 08 97.8%
-
Goldman Sachs 02 97.3%
Overall Employee Satisfaction
August 2026 Investment Banking
-
Moelis & Company No 99.5%
-
Evercore No 98.9%
-
Morgan Stanley 01 98.4%
-
Banco Santander 02 97.8%
-
BMO Capital Markets 12 97.3%
Professional Growth Opportunities
August 2026 Investment Banking
-
Evercore 01 99.5%
-
Moelis & Company 01 98.9%
-
Morgan Stanley 06 98.4%
-
Goldman Sachs 01 97.8%
-
JPMorgan No 97.3%
Total Avg Compensation
August 2026 Investment Banking
-
Vice President (16) $429
-
Associates (50) $259
-
3rd+ Year Analyst (8) $210
-
2nd Year Analyst (25) $178
-
Intern/Summer Associate (14) $159
-
1st Year Analyst (84) $151
-
Intern/Summer Analyst (75) $101
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 | 99.2 | |
| 2 | 99.0 | |
| 3 | 99.0 | |
| 4 | 99.0 | |
| 5 | 98.9 | |
| 6 | 98.9 | |
| 7 | 98.9 | |
| 8 | 98.9 | |
| 9 | 98.9 | |
| 10 | 98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
.
Thank you, and that was not a lot at all, I would actually prefer as much info as possible! Any exit opps you know of for either group maybe 3-4 years down the road?
.
.
.
Both are solid options. Exit opps will mostly depend on your networking abilities and if you want IBD I think M&A advisory will have a leg up simply because you are more involved in the deal process whereas in Valuation you have other projects such as impairment testing, real option analysis, etc.
Depends...What are your end goals? Investment banking?
I've interviewed with and received offers from multiple Big 4 advisory groups. If your end goal is banking, I would likely take valuations. Although you may be doing lots of PPAs, there are also a lot of relevant modeling skills gained. There are a fair amount of fairness opinions related work from what I've heard of other interns in PwC valuations, especially if you're in an office like Chicago. And that brings me to my next point: Location. Not only will a location like Chicago (which is a financial hub) lend to more interesting projects, but it will also expose you to more networking opportunities. Even for within the firm, because Chicago is such a large office, you'll be able to easily network with other groups that you may find more interesting (eg. FSR group of PwC).
On the other hand, KPMG's Deal Advisory would depend on which service branch you're in. While holistically, Deal Advisory consists of groups like Restructuring and even Investment Banking (KPMG corporate finance LLC), I found from their website that the Tysons office has only 2 groups: Accounting Advisory and Financial Due Diligence, which will make it hard to network into others. I believe that you actually have to be an accounting major to apply to any KPMG Deal Advisory positions. I would consider it less to be M&A Advisory, but more so on the side of M&A Accounting Support. The work should be very technical and high level in terms of accounting, ie figuring out how to integrate the accounting systems after 2 organizations have merged (Accting Advisory), or in the case of FDD, doing quality of earnings reports and normalizing EBITDA on financial statements for PE firm before their acquisition.
I would take PwC if your end goal is to break into high finance, but if not, then there are other considerations.
Took PwC. Thanks everyone!
Culpa ea consequatur repudiandae deleniti facilis sit. Voluptatem inventore autem enim numquam amet. Totam magni rerum quam aliquid. Corporis eaque nihil magnam molestias nisi. Dolor et rerum dolores rerum maiores. Cum deleniti eos aspernatur ipsa natus.
Ab labore nisi facilis alias dolor. Ut incidunt quis sint quidem. Ipsam aut aperiam sed ab ipsam. Quo nobis praesentium corrupti quae quia quod est.
Ipsum reprehenderit accusantium ut dolores illum deserunt. Consequuntur cumque deleniti quia voluptatem et ut numquam.
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...