Could someone explain something about the Big 4?

So I know they offer: Audit, Tax, Financial Advisory and Consulting services but I've also heard people on WSO say they offered Corporate Finance/M&A as well. So basically what I'm asking is:

1- Which service branch is their Corporate Finance/M&A team apart of?

2- Do all the Big 4 hire people for Audit/Tax/Consulting/Advisory?

3- Could someone from each of the 4 branches make Partner?

4- How does their pay compare? I assume it goes from lowest to highest: Tax, Audit, Advisory, Consulting. Is this generally accurate?

Thanks

6 Comments
 
  1. Their M&A/CF departments are usually branded as 'deal advisory'
  2. Yes, now they all hire in all 4 areas with some of them being stronger in certain areas
  3. Probably yes, although if how much revenue you make for the firm is a criteria they use for allocating partnerships, people in certain branches will have a tougher time than others
  4. Pay (at least in the UK and I know for consulting mainly) is below MBBs and Tier 2s.
 
"G-I the pharma guy" 2. Yes, now they all hire in all 4 areas with some of them being stronger in certain areas

That's not 100 percent true. Some firms have limited their external audit functions because the risks are too high.

 

If they are limiting external audit, why would they be hiring in it? Try and keep up

 

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