I am starting a role in audit at one of the Big 4 (London office) in September, in the audit team where I'll hopefully gain the ACA after 3 years. My ultimate/eventual aim is to move into the M&A arm of an Investment bank. I've heard that an internal move in a big 4 firm into CF/M&A first is the best way to do this.
Firstly, is the best route into M&A in a bank the one mentioned above or is there a more direct route?
How easy is it to make the move internally/other Big 4 from audit into an M&A associate role?
Subsequently how easy would it then be to move from M&A in Big 4 to M&A in IB? How different really are the roles?
Any constructive answers would be much appreciated!
big four to investment banking
Going from big four audit to investment banking is possible. Here's a great
Q&A Thread created by current banker who was a former auditor. Here are some key points from that post.
Non-target - Big 4 audit - BB IB. I was lucky enough to receive multiple IB offers and 100% were a result of networking. The basic keys to breaking in include:
- Networking like it's your full-time job
- Having the technicals down - no room for error here
- Having a story that makes sense
- Knowing the industry so well that you already sound like you're a banker
- Perfectly formatted resume with strong experience bullets
If you think you can land a job in IB by applying to a post online - good luck monkeys. I can't stress enough the importance of networking. You have to network with IB professionals by any means necessary. My biggest tool during the process was LinkedIn and referrals from friends and coworkers. When sending cold emails, it's true that you won't get a high response rate, but the few responses you do get are all that you need.
Read the full thread here.
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