CFA while working in Audit

I have just been offered a position in audit with a Big 4 firm for after I finish college.

The problem is that I have very little interest in audit and would much prefer a role in finance. Preferably in equity research/analysis. 

I have one year of college left and two full summers before I would start in the job. 

I was thinking that I could pass two CFA levels before starting in audit (as I would have two full summers to study). Then I would take the audit job, network like crazy and leave as soon as I got offered a finance roll that I would enjoy more. 

Would love to hear peoples opinions.  Would it be advisable to stay in audit longer for experience? Also would my summers be better spent looking for internships than passing CFAs?

Comments (11)

Mar 18, 2021 - 6:38am

I would lean towards not taking the audit offer, finding an internship for this summer related to what you know you are interested in, and rerecruiting for full-time starting in a finance and not accounting role. Experience > CFA for sure. Why would networking like crazy later be better than networking like crazy now?

Mar 19, 2021 - 2:58pm

I think you are right about not taking the audit offer.

For the summer I fear it might be too late to find an internship. That's why I was considering CFA 1 instead. In my mind passing one CFA level beats doing nothing proactive for the career I want. But I will still try my best to find any experience I can in the mean time.

Mar 19, 2021 - 1:57pm

If you didn't want audit, why did you apply to audit? 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

  • 1
Mar 19, 2021 - 8:52pm

Maybe like a PE internship? At least where I am some smaller places are more informal and still will take on summer interns later. I think it would be worth some cold emails and I think someone would want to help you out on pivoting into finance and getting experience

Mar 19, 2021 - 3:03pm

I feel like throughout college it has been marketed to me as this great place to start your career.

I'm glad I realised that it wasn't for me before finishing college.

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