Help with 2 not-ideal offers
I need some help deciding on a couple of offers. One is for an analyst position at Duff and Phelps and the other is for an Associate position at a Big 4 in their Transaction Services group.
The problem with the big 4 offer is that it doesn't involve modeling in any way. It's 99.9% technical accounting based, but working with banks, pe funds, and corporation during acquistions, carve-outs, etc. There's a good chance I can move into the valuation or FDD groups, but it would take at least a year.
The Duff and Phelps offer is 99.9% modeling, but I'm not sure that it's all B-val. I think a lot of it is purchase price allocation and goodwill impairment.
What would be my best exit ops from each position? Duff and Phelps doesn't have as strong of a name brand, but the work is modeling based. The big 4 name is stronger, but it's more technical accounting advisory work (though I can potentially move into Val. later)
I like the culture at big 4 better based on those I met, but Duff and Phelps would pay more.
What would you do?
Hi Throwaway019283, any of these threads helpful:
More suggestions...
Fingers crossed that one of those helps you.
bump
I think Duff and Phelps has a decent brand name, so I wouldn't say that's a big knock against it compared to Big 4.
Both can potentially serve as routes to IB if you work really hard IMO.
Would doing mostly technical niche-accounting work serve as a roadblock on my resume? It is Big 4 Advisory, but the role doesn't involve any modeling so would banks see through my experience and write it off as irrelevant?
The worst thing would be to take a job that turns out to basically shut me off from IB
IMO from someone who was in valuation and have friends who did advisory work that you mentioned i would say go with Duff & Phelps. There is higher possibility on working on more interesting projects since they dont have accounting client restrictions plus i would 100% take modeling experience even if its PPA's and impairment reviews.
I've heard that Valuation Analysts sometimes work banking hours without the banking salary, whereas I've heard some Advisory Associates working much lighter hours without that much of a drastic pay cut.
Do you think Val would be worth the extra hours, only to have more relevant skills? In other words can't I just spin my story to make Advisory work look just as good without having to work longer hours?
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