MSF vs Entry level finance posistion

Quick back ground, I'm currently in audit and am leaving after this busy season. The university I went to is small and not prestigious at all, getting into the Big 4 is an accomplishment where I went, I did get a masters in accounting though. This is only my second year with the big 4 in smaller office. I'm by no means a high performer, audit is awful, and I have not yet tried for the CPA and don't have much intention to. I got accepted to a decent MSF program, think Vanderbilt or UT. I also started applying to oil/gas analyst positions and have a final round interview in a Strategic Finance department. The oil/gas major is decently sized, think Nustar, Valero, Tesoro, Phillips 66, etc. If I had to look long term, I wouldn't mind getting into consulting although to be honest I have no idea what is I want to do, it's all theoretical at this point but I want to open as many doors as possible but IB or MBB seem extremely interesting careers and I would love that opportunity if presented. I'm not ruling an MBA out in the future, I think it's likely. What are your thoughts, if in a similar situation what path would you pursue?

***Transfer to TAS is often recommended here, but I tried for that and got shot down, I would have to stay for at least another two years if I really wanted to transfer into it, and I hate audit too much to tolerate that much longer.

Comments (6)

Jan 11, 2015 - 6:24pm
Blank999, what's your opinion? Comment below:

Here is the issue. You got two years of audit and you're not doing great there. You do this masters and what if you don't get banking? You'd try for TAS or something else but that would almost be a comparable position to what you have now.

IMO, vandy and UTA are great, but if you do it make sure you're all in and ready to do whatever it takes to land that dream job you want. Otherwise you'll have two masters and be looking to go back to a similar job you had post masters.

  • 1
Jan 11, 2015 - 7:24pm
Blank999, what's your opinion? Comment below:
shorttheworld:

What do you want to do -- industry or consulting most likely? Take that strategy role if you can do that and save the one year of schooling and debt for an MBA in the future

A solid fortune 500 role will serve you well in apps

Totally missed that. Yeah, 100% take the strat role.

  • 1
Jan 11, 2015 - 8:56pm
Ehh and Why, what's your opinion? Comment below:

Yeah that's what I'm leaning towards. Just curious, I see a few MSF posts on here and this isn't really addressed, but given my work experience is it possible to come in at least as level 2 analyst at say an IB? It doesn't really seem like a standardized path so the information is lacking out there.

Jan 11, 2015 - 9:42pm
Blank999, what's your opinion? Comment below:
Ehh and Why:

Yeah that's what I'm leaning towards. Just curious, I see a few MSF posts on here and this isn't really addressed, but given my work experience is it possible to come in at least as level 2 analyst at say an IB? It doesn't really seem like a standardized path so the information is lacking out there.

It would be a very hard sell. Associate recruiting is really for MBA's or those with directly relevant experience. Not saying it is impossible, but it would not be the likely outcome.

  • 1
Best Response
Jan 11, 2015 - 9:43pm
jss09, what's your opinion? Comment below:

Quis nihil quia dignissimos quis excepturi et vel. Ea soluta qui quasi sint. Iste amet non repellendus in est molestiae. Laudantium odio quae aut quos est. Recusandae quibusdam vel neque aut quibusdam sed eius maxime. Ipsum perferendis quae est eaque quam ut autem.

Ea ut animi enim quo eius temporibus. Ea beatae et veritatis aut laborum explicabo. Minima laboriosam molestiae qui similique reiciendis assumenda magnam. Atque et assumenda est.

Iure culpa ut non impedit. Et modi provident dolorum quis tempore dolorum. Culpa qui eligendi quia aut.

Esse iusto quibusdam aut est animi dolorem. Laborum in facere totam. Et ut ea itaque dicta dolore quibusdam inventore.

Start Discussion

Career Advancement Opportunities

November 2022 Investment Banking

  • Jefferies & Company (▲08) 99.6%
  • Lincoln International (= =) 99.3%
  • Financial Technology Partners (+ +) 98.9%
  • Evercore (▽01) 98.5%
  • Bank of America Merrill Lynch (▲01) 98.1%

Overall Employee Satisfaction

November 2022 Investment Banking

  • PJT Partners (= =) 99.6%
  • Evercore (▲02) 99.3%
  • Greenhill (▲06) 98.9%
  • Canaccord Genuity (▲15) 98.5%
  • William Blair (= =) 98.1%

Professional Growth Opportunities

November 2022 Investment Banking

  • PwC Corporate Finance (▲14) 99.6%
  • Lincoln International (▲03) 99.3%
  • Jefferies & Company (▲04) 98.9%
  • William Blair (▽02) 98.5%
  • Evercore (▽01) 98.2%

Total Avg Compensation

November 2022 Investment Banking

  • Director/MD (10) $613
  • Vice President (38) $392
  • Associates (219) $256
  • 2nd Year Analyst (139) $163
  • 3rd+ Year Analyst (19) $160
  • 1st Year Analyst (463) $153
  • Intern/Summer Associate (88) $151
  • Intern/Summer Analyst (336) $92