transition from big4 to IBK
Hi all, is it really tough for a person with big4 non-FS background to make a transition to the IBK? can anyone pls tell me the interview procedures for Goldman Sachs? thx!
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The interview procedures for Goldman Sachs? I'm not sure I understand the question.
There was another thread Big 4 => IB not too long ago that should answer your questions.
From the ghetto....
hard for tier 1s, but possible for the 2s and below.
From the ghetto....
depends if you are a person who could have gone into IB, and if you're willing to give up experience. We interviewed a guy who was with PwC for 3 years in transaction services and he was willing to be a first year.
did he get the job?
no we took a kid from DrKW who was willing to be a first year after a full-year at a third tier bank.
BTW IBK is ML's acronym, other banks use IBD.
...started as if half way thru 2nd yr analyst role after completing 3 years at a Big 4
From the ghetto....
I am with Big4 for 4 years auditing for non-FS clients, and I am willing to be considered as an entrant, but still it's tough. What about Equity Research? What kind of skills does IB need for this division? What kind of questions do they ask during interviews? How many rounds of interviews we'll have to go through? Thanks guys for your information!
Hi all I am also in a similar situation. I currently work in a Big four firm doing audit. (experience isER in Ibanking this fall. (when the recruiting for FT analyst begin) Regarding my qualifications, I have passed the CPA exam and also will be taking CFA level 2 this June. In addition, I have a master of accounting degree from an solid graduate business school. But the main issue is that I am out of school and will not be able to use the recruiting system, which means that I have to apply on-line and I don't think that will get me anywhere.
Any thoughts on how I can approach this? Or how I can get myself prepared? I figure out that it is hard to get opportunities once you are out of school. I know I need to network, but how can I get to know more people in this industry?
Any advice will be greatly appreciated. Thank you.
I am also in a similar situation. I currently work in a Big four firm doing audit.
My experience is less than 1 year now. I am seeking for a chance to transit to ER in Ibanking this fall, when the recruiting for FT analyst begins. Regarding my qualifications, I have passed the CPA exam and also will be taking CFA level 2 this June. In addition, I have a master of accounting degree from an solid graduate business school.
But the main issue is that I am out of school and will not be able to use the recruiting system, which means that I have to apply on-line and I don't think that will get me anywhere.
Any thoughts on how I can approach this? Or how I can get myself prepared? I figure out that it is hard to get opportunities once you are out of school. I know I need to network, but how can I get to know more people in this industry?
Any advice will be greatly appreciated. Thank you.
I know a director who started out doing auditing work at a now defunct mutual fund in NY, but he went back to b-school and eventually ended up at a bulge bracket IB.
He runs an entire IB department now, and boy he's tough!
When I interviewed with GS SF there was an associate from GS LA who was big four. Of course, he received a Wharton MBA before making the switch.
A relatively senior person in GS TMT worked in Big4 before MBA.
MBA is different cus its a fresh start. I've seen guys from Hewitt some HR shit join bulge after harvard MBAs
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