Deloitte Advisory Intern Interviewing Process

Hey everyone!

I applied for an Advisory Internship-Business Risk with Deloitte for the upcoming summer. I had the on campus interview with two separate people where it was mainly general questions and going over my resume. They said the next step is a second round office interview. I was wondering what this second round interview is like? For advisory is it a case interview? Or at any point in this process will there be a case interview? Or is this second interview behavioral? Any insight would be very helpful.

 

The position sounded very much like consulting when I was speaking with the interviewers during the first round, they even asked why I was interested in consulting now, that is why I am very confused. I really would just like to know so I can prepare if it is a case interview. Thanks for your input though!

 

That sounds kind of similar to what I applied for, I am a junior though and the position was Advisory Intern-Business Risk. So what kind of interview did you have for the second round? All I know is that it is an office visit, and that the first interview round I had was very conversational and resume based.

 
Best Response

Not stupid at all - that was a huge question I had while recruiting, and none of the firms really gave a straight answer.

At Deloitte (as well as at several of the other Big 4 firms) advisory generally refers to risk advisory, which boils down to things like IT Audit and contract compliance. A lot of it is more or less similar to assurance, but doesn't necessarily deal with financial statements. IT Audit for example is a lot of performing walkthroughs/testing controls that a company has in place

Deloitte Consulting, on the other hand, is consulting proper: S&O handles strategy work, Digital does tech projects, etc. DC interviews are going to feature your typical case interviews.

I'm assuming you're recruiting with Deloitte AERS? AERS is a bit different from the other Big 4s in that (I think) it covers a bit more than just risk, but overall, it's more compliance and assurance work rather than consulting. Now why is it called 'advisory' rather than plain ol' audit? Who knows. I've heard it's so the firm can bill advisory work at a higher rate by calling it ~advisory~ rather than assurance, and they tend to recruit a different crowd than audit/tax (mostly mgmt. information systems students than accounting students, at my school).

Don't get me wrong, any Big 4 advisory position is going to be a solid job/internship, especially out of undergrad. But be warned that the type of work, prestige (regarding exit opps and grad school) and compensation(!) is pretty different from consulting. Especially at Deloitte, since their consulting arm is fairly prestigious within consulting.

I'd caution you from taking this job just to try to scoot on over to Deloitte Consulting after a year or two, because internal transfers like that are few and far between. If you're truly looking to get into consulting at a non-target, it's either network network network (look for alumni at the firm!) or aim for a smaller consulting firm for the internship and try to leverage that when interviewing for full-time.

That's probably more info than you were looking for, but it's what I wished I knew when recruiting. As to the internship interview itself, AERS was 100% behavioral/conversational. Mine was a 20 minute long interview, kind of odd for a final round interview, but I'd expect maybe 2 rounds and then lunch or something. Good luck!

 

Ex et rerum sint suscipit id doloribus. Reiciendis vero blanditiis sed voluptas quod.

Soluta cumque quia et. Totam aperiam aut atque accusamus est deleniti. Ut quaerat quos sequi eaque blanditiis facere. Alias consectetur quia et ex iure laudantium. Consequatur architecto libero ipsa minus aut quis autem.

Career Advancement Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

March 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

March 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (99) $225
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • 3rd+ Year Associate (108) $130
  • Senior Consultant (329) $130
  • Consultant (586) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (145) $115
  • Engineer (6) $114
  • 2nd Year Analyst (342) $102
  • Associate Consultant (166) $98
  • 1st Year Analyst (1046) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (547) $67
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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”