Skill-Set Vs Brand Name for Eventual Move to Corporate Finance?

Hi Everyone,

I am currently working at the Big 4 and am looking for new opportunities for a myriad of reasons. The long story short is I joined the firm over a year ago with a few objectives in mind, but these objectives were railroaded by COVID (not 100% the firm's fault, honestly) and so I'm considering other avenues to get me where I want to be in my career.

I'm in the final stages with a boutique consulting firm and am trying to decide between either sticking it out at my firm and waiting for an industry exit or leaving now for a boutique that does 100% of their work on projects I'm more interested in and would expand my skill-set, but doesn't have any brand cachet like my current firm. The boutique is also paying significantly more (anywhere from 50-60% in comp) and has comparable or better benefits to boot. Since you all know how poorly the Big 4 pay and how hard they work you, it's extremely tempting for the monetary component alone.

My end goal is to move to corporate finance in a junior executive role and eventually work my way up to CFO, ideally in a PE-backed MM company. My worry about staying in the Big 4 role too long is I'll get pigeon-holed into purely financial reporting roles and will be shut out from more finance-oriented or hybrid accounting/finance roles in industry. That said, while this position would give me much more experience with modeling cash flows, budgeting/forecasting, etc., on the flip-side, I'm concerned that maybe my resume won't be given as much weight or discounted because I'm not coming from PwC or something like that. 

So my questions to you, WSO, are simple:

  • Given my goal, would you take the money + new skill-set and run from the Big 4?
  • If I decide I want to move upstream in the consulting space the boutique operates in or exit to an FP&A role in a few years, would you rather hire somebody who went to a smaller firm but has actually done that exact work previously, or would you rather hire somebody from the Big 4 that has a "trainable" skill-set but doesn't necessarily have as much experience doing that exact task?

Thanks for your help!

 

Sunt dolorum a explicabo et veniam sequi aperiam. Autem provident sint consequatur omnis consequuntur. Aut ut consequuntur sed voluptas. Ducimus nemo odit nobis ratione eum adipisci voluptatem.

Magnam aut eum adipisci minima autem in. Vero sit nostrum molestias sit.

Magni quidem dolores rerum consequuntur id tenetur. Et sed optio voluptatem ut. Harum eveniet ut quia aliquam sint. Consequuntur facilis accusantium eos ea non. Et eum quo commodi rerum.

Ipsa itaque doloribus non. Culpa sed quod expedita ipsam autem similique qui ex. Autem quam laudantium ut molestias voluptates laborum facilis. Vitae odit quis et reiciendis. Quis eum ipsum ut. Perferendis provident dignissimos iusto temporibus quaerat ea libero. Necessitatibus excepturi corporis impedit laudantium.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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

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...”