I'm graduating this year (in Asia) and have managed to secure two offers: P&G Finance LeadershipM&A (not M&A DD or TAS). My considerations are as follows:
1) P&G Finance Leadership Programme:
i) Brief Job Description: Business partnering (management accounting), Corporate functions (e.g. treasury, investor relations, etc.) and Financial accounting
- Programme is consistently ranked as one of the top 3 for leadership development (along with GE). Rotations every 6 months for broad exposure .
- Great benefits (e.g. healthcare). Great culture. Good working hours (~55hrs/wk).
- It's mostly accounting; almost non-existent exposure to CD/M&A.
- Exit opportunities are mostly confined to accounting.
- Requires long international rotations upon graduation from the programme (location not guaranteed).
iv) Salary: US$40k/yr, 15-25% bonus (with ~12% increment for the first 3 years, during the programme)
2) Deloitte M&A
i) Brief Job Description: Creating pitchbooks, Company valuation, , etc
- Great exposure to M&A. Fast-paced work environment.
- Lots of learning on a daily basis.
- Potentially good exit opportunities (depending on market conditions).
- Low starting salary.
- Relatively long working hours (~80hrs/wk) compared to P&G.
iv) Salary: US$29k/yr, 15-25% bonus
Which would be a better choice in terms of long-term career prospects, in view of the ever-changing economic conditions? Looking forward to your replies. Thank you!