EY v KPMG Tax Internship summer 2016
Hey guys, here is my situation and I need help!!
I have two nyc summer 2016 internship offers and need help deciding. EYvKPMG
EY - base salary of 4900/month (58.8k) in FSO tax
KPMG - base salary of 69k in FEDERAL real estate tax
i want more for long term than just short term extra cash. I liked the people both very much. I want to know in the long run which will be easier to get promoted, better pay later on, and how they will treat me. I know long hours and what not. Any help is highly recommened.
does the base salary relate to the full time pay if i get a FT offer
any advice? need to sign by the end of the week.
I don't have any advice for your particular situation, but man that's a big difference in pay... Do you not have a preference in real estate vs. fso?
Generally, Big 4 promotions are very set in stone for the first like eight years. Basically, if you have a pulse and continue to put in the hours and get 3 ratings, you will promote for a long while. Trying to predict beyond that...well it's just a bad idea. I think 1% of staff end up becoming a partner just an fyi.
I will also say, pay wise, at least in my old Big 4 view (was not tax), real estate and fso both pay well, because they are "specialized" industries.
I believe the price difference is because I am getting my MBA in public accounting and I am told that KPMG pays extra for that as most companies just pay extra for an MS in Tax. Would this extra pay carry over if/when promoted?
Generally Big 4 promotions are by class/service line. So everyone the same level will receive their promotion within a set range, say 10 - 15%. The high performers are up top, low on the bottom. Raises and a high base pay are king (vs. tons of bonuses) as they will compound over the years. But who knows, EY could offer a huge raise next year and catch you up to KPMG, you know?
I will add, if it was my choice I would choose based on this order 1. FSO vs. RE? 2. Pay? 3. Firm?
All accountants will have a view on which firm rocks and which sucks, but realistically, it is not going to alter your daily experience, unless your one of those kids who thinks he's working at Goldman (your not) or one of the firms gets gobbled up (thus becoming the Big 3) and that is speculation at this point...besides, you can always move firms, much easier to do that than change your experience/resume (RE vs FSO again).
Big 4 international tax here. That's a huge difference between offices. Take KPMG, accept their FT offer upon completion of internship. Get your CPA license (even if you are a JD/LLM, still get your CPA license).
You seem very stern on KPMG, can I ask why? Just so I know why I am choosing it? I have a plan to have my CPA the summer after I graduate with my Masters. If I pass all 4 parts on my first try that is..
Hey guys, here is my situation and I need help!! I have two nyc summer 2016 internship offers and need help deciding. EYvKPMG
EY - base salary of 4900/month (58.8k) in FSO tax KPMG - base salary of 69k in FEDERAL real estate tax
i want more for long term than just short term extra cash. I liked the people both very much. I want to know in the long run which will be easier to get promoted, better pay later on, and how they will treat me. I know long hours and what not. Any help is highly recommened.
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