Big 4 Valuations/FDD

I recently secured an associate role in a Big 4 transactions team (FDD), and have a few questions:
- In terms of exit opps to buy-side, would TS or Valuations be a better option 2-3 years down the line? I understand valuations can involve a bit more technical work (modelling etc), and may look to try jump ship into the valuations team after a year or so and then move out.
- How stable are jobs in TS/Valuations during an economic downturn/recession? Valuations, from what I understand has a lot of financial reporting/regulatory work which would still be necessary in another recession, however TS is very heavily focused on M&A activity, which would be impacted during a recession. Please correct me if i am wrong.

Thanks all.

 

Hey XLMonkey, I'm the WSO Monkey Bot and I'm here since nobody responded to your topic! Bummer...could just be unlucky but one of these topics will help shed some light:

  • I went> B4 Audit> B4 CF > IB: Ask me anything and I made that much sought after career jump that started in Big Four audit and ended up in IB (Debt ... Capital Markets) at a boutique with a stopover at Big Four CF in between. If you have any questions about ... this, I'm very happy to answer them. big four investment banking ...
  • Exiting Big Four (Audit) after 5 years and entering FP&A- Ask me anything this one was originally posted 7/19/2015. Spent the past 5 years working for a B4 firm in the Assurance ... questions. big 4 audit to Wednesday, December 30, 2015- 11:55am ...
  • The Big Four Auditors? Not As Much Anymore and now accounts for over 40% of revenues. For years, the Big Four accounting firms have pushed into ... guys! As you know, the Big 4 are known for audit/tax/accounting; however, in recent reports, it seems ... that is no longer their largest revenue generator. Consulting has grown exponentially within the four ...
  • Big Four Accounting To Investment Banking In discussion with an econ professor, he mentioned how working as an accountant at the big four ... you had the choice between Big Four (non-relevant experience) and a "no-name" boutique ... together pitches, that is still more relevant. No disrespect to Big Four employees meant, but hiring hoards ...
  • AMA: Big Four Valuation Associate- Deciding Whether This Job Is Right For You to contribute to the forum. Since I started work in a big four valuation group, I have seen many ... you work on many valuation aspects of the same deal 7. You get way more vacation at the big four than ... apologies for any typos I'm not re-reading this. big four Business Modeling business valuation ...
  • 2.5 years in Big Four audit: Ask Me Anything I'm happy to answer the questions of the WSO community from whom I've learned a great deal. big ... four accounting ...
  • Is it Ok to text girls during work hours at Big Four Hi there, have a question. I have a friend who is working at one of the Big Four's advisory ... the company policy on this at most big fours? thanks texting ...
  • GPA drop after accepting offer of Big Four Consulting I got the offer with my transcript that looked good without the last semester when the hiring was conducted. But I am having a huge trouble with one 1-credit technical class and it's not required so it won't affect graduation. I think I am gonna ...
  • More suggestions...

Maybe one of our professional members will share their wisdom: td12 st.horn thexfactor336

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Sunt adipisci nesciunt porro error. Corrupti veniam aspernatur voluptatem. Fugit et ipsum modi. Aliquam aperiam suscipit excepturi doloremque soluta et et.

Ducimus quia quos et commodi. Optio atque explicabo error minima velit. Qui rem quo aut cum officiis in.

Officiis delectus magnam labore omnis dolorum sed. Dolorem molestias tempora voluptate est maxime fugiat amet. Eveniet quia quaerat voluptas quo harum tenetur. At rerum perspiciatis dolores debitis voluptate.

CBV

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
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
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”