What’s the better path? It also depends on the team and culture of the firm so it is hard to advise you on this forum alone. I have no previous internships in banking or finance and am not sure what would be best for me to do. If you occupy one of these roles, you will mainly work on corporate transactions. At the same time, I read all your interview/ CV tutorials(for free!!! Is it worth me doing a MBA if I want to move into banking? Banks don’t care about how you’re using the MBA program to “make a change” – they only care about what you previously did, and how it relates to investment banking. I got a part-time MBA offer in the 1st ranking MBA programme in Asia, too. Hey Brian – what are your feeling on non-bb European ib vs big 4 transaction advisory? I have always set my eyes on a Top 15 MBA Program. Now i am not sure if this happens to everyone, but i wouldnt even risk spending the rest of my life with death eaters :/. This website uses cookies to improve your experience. I learnt all the courses I signed up and that depth of modelling knowledge impressed my interviewers. I was also out of the country and couldn’t stop working early, so it wasn’t even possible to complete one. I received a summer internship offer from one of the Big 4 in their advisory … Really good article, I too am considering a MBA but I don’t really know if it is worth it. Necessary cookies are absolutely essential for the website to function properly. You also need to prove that your consulting experience has value beyond “I was a consultant, of course my skills are valuable.”, You usually want to say, “The most important part of due diligence is asking the right questions, which I’ve been trained to do in consulting. You need a niche to succeed as a foreigner in the finance / investment industry in China: almost all the foreigners there did something similar to me and helped foreign acquirers and investors navigate the local landscape. More than 200,000 Bitcoin transactions occur every day, and investors like […], What can you do to make yourself more valuable to your organization? Moreso do you think the likelihood of making partner is higher at Big 4 (thus providing some salary benefits in the long run) I want my first career post MBA to provide exit opportunities so don't want to … The more recognizable ones are Strategy& PwC and Deloitte Strategy. But then you realized you wanted to move into finance and move to another country. The CFA might be somewhat helpful, but a pre-MBA internship would help more in your case since you’re moving in from a very different background. What separated the students with the best results from those with less-than-stellar results? Q: But you had almost no background in the country. It was a 1-year commitment at first, and I had nothing to lose, so I joined his company and moved there right after graduating. You have to balance homework, midterms, classes, and networking / socializing with a super-competitive recruiting process that begins the moment you set foot on campus. One quick thing before we move on, though: what advice would you give to other consultants looking to move into TAS or other IB-related groups at Big 4 firms? Recruiting: How to Join a Big 4 Transaction Services Group. A: No, but it wasn’t required for the role. They will ask you questions up to your point of failure, so you need to be prepared for that and push that “point of failure” as far up the difficulty curve as you can. Local knowledge is critical here, so serving as a single point of contact on the ground helps foreign companies a lot. I think amongst the Big 4, Deloitte is making serious headway in growing it’s advisory practice by acquiring Monitor and it’s own internal efforts. A: It is. Big 4 IT Advisory and MBA? Applying to Business School: The Fast Track into Investment Banking? Typical progression ‘ladder’ (though the position names will vary by firm). We guarantee 100% privacy. The accounting interviews section is extremely helpful. 2) Too Much “Exploration” – Repeat after me: you do NOT have time to “explore” what you’re interested in during business school. I've been at a BIG 4 working in IT advisory for a year, and looking for a career change. I am looking to transition to a different geography and preferably a larger P.E fund in the City. This category only includes cookies that ensures basic functionalities and security features of the website. No one asked me if I could handle the hours or the technical work. Should Cryptocurrency Consulting Be the Next Phase in Your Accounting Career? JMIONE1 183 replies 11 threads Junior Member. The first 2 questions banks will ask MBAs at information sessions are: If you say anything other than “investment banking” for the first question, they will immediately write you off. Let us know if you’re interested in sharing your story on the site in the future. We also use third-party cookies that help us analyze and understand how you use this website. And what are your plans? FDD deal advisory is a very CPA kind of activity - yeah the business knowledge from an MBA would be useful, but probably way beyond the expectations of the job. You’ve said before that the “more advanced” sections of your guides are unlikely to come up in interviews, but I received some of those exact questions in interviews. Big 4 Consulting By The Numbers. ... Look good to Advisory people; 2nd: Look good to admission) is to maybe switch to some sort of research job at … November 2007 in Business School - MBA. We were working with a lot of foreign firms interested in investments in mainland China, so I spent most of my time interacting with them. https://www.mergersandinquisitions.com/international-student-non-target-networking/ It is definitely tougher to break into than tax and audit, but the jobs are there for the top students. “All of the above” might be the best answer here, as you’ll see from one reader who made this exact transition. I m currently an 3rd year undergrad at a Top 10 B School. 1) Lack of Fit / Poor Targeting – For example, one classmate was very technical and could have easily won offers in the M&A product group if he had focused on M&A at all the banks. I just recently talked to my buddy thats at an ivy MBA now and said there were a bunch of people from my old big 4 firm from audit, tax, advisory and consulting … With regards to my background, I have a Bsc and MBA from 2 different schools in Nigeria. Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. If you’re a liberal arts major, this might be your accounting/finance knowledge. If you don’t see a path to networking your way into IB, or you’ve already been out of school for 3-5 years, an MBA is probably a good bet as long as you use it well. I would be moving from the sales side of enterprise tech (Salesforce, Oracle, Microsoft) to finance – I take it I should focus on technology groups within banks? Big 4 Valuation, Advisory, and Transaction Services Ah, yes: the Big 4 accounting firms. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. – The sky is the limit for technical questions and case study-based questions. Hence my recommendation for the pre-MBA internship at the very least, before you even apply to real internships in the program. Free Exclusive Report: 57-page guide with the action plan you need to break into investment banking - how to tell your story, network, craft a winning resume, and dominate your interviews, “So if you’re in high school or university, don’t plan out your life 10-15 years in advance. A: I knew I would need a summer internship to make the transition to banking, and I knew a top business school was my best chance of winning one. Yes, I would focus on tech groups within banks. Have something to add to this story? The Big 4 advisory firms are KMPG, Deloitte, PwC and EY. Entry-level undergrad positions (business analyst / analyst / associate - … I am currently an Investment Associate at a West African P.E fund and have about 6 years experience in Capital Markets and Corporate Banking (Oil and Gas). A: I studied economics during my time in undergrad in the US, did a few finance-related internships, and one summer I had the chance to study abroad in various Asian countries. Think the hype over cryptocurrency has reached its fever pitch? Q: How important is it to have a “steppingstone” like the TAS role you held for several years? A: Yes. I have average A levels (300 UCAS points – equivalent to ABC), achieved a first class degree in finance at a non target school and am currently working in PWM in London for a smaller firm (around £4bn under advice). Big Four Advisory – Firms Big 4 Advisory Firms The Big 4 advisory firms are the key players in the public accounting industry. Big 4 advisory (Tech Consulting) to MBB (strategy) (Originally Posted: 01/10/2015) Hello folks, I am pursuing a graduate degree from one of the top 20 US B Schools. KPMG, EY, PwC, and Deloitte are all well known, … So you need to start preparing months in advance. Q: You’ve described the MBA-level recruiting process as still being very rigorous. This website uses cookies to improve your experience while you navigate through the website. We’ll contact you via email to set something up. ... Big 4 audit -> top 10 MBA … How did you end up working in China right out of undergrad? Q: You did very well in the recruiting process, and you mentioned that your school as a whole had a good placement rate into IB internships. I have offers from all the Big 4 Advisory side, my top pick would be PwC Advisory… Required fields are marked *. New tokens are gaining steam, and Bitcoin, the OG crypto cash, continues to trade at a frenzied pace. So they needed a native English speaker with an understanding of both cultures. So I strongly recommend maintaining an industry focus that matches your background; you can’t just take a “generalist” approach at the MBA level. And if you do want to change industries, you better have some other unique skill or experience to make up for it. I'm currently working in the IT Advisory department of one of the Big4 firms (as a Senior Consultant), and was hoping to do a part-time MBA. Have 6 years of tech consulting experience at a big 4 and hold a master's in information systems and management. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. Discover How To Break Into Investment Banking, Hedge Funds or Private Equity. Reflections on the MBA-Level Recruiting Process. Thanks. You should really do an internship first to make sure an IB role is for you… ideally a pre-MBA internship and then a summer internship in your first year. If you’re a consultant at MBB or you’ve been an analyst at some other top-tier firm, you can probably skip the steppingstone and apply to top MBA programs directly and still get into IB. So your role had shifted after a few years in TAS, you became more interested in IB, and then you applied to business school. That is when I discovered your website and signed up your modelling courses. “Finally, if I think I would enjoy banking now, but it’s totally possible that 6 months into the role I find it’s not for me (I’m sure this happens more than anyone cares to acknowledge). Let me know how I can help. So you do not have time to “reinvent yourself” at business school, like so many of these programs promise – at least not if you’re applying to finance or consulting jobs. I strongly recommend playing up one specific aspect of yourself, so that you become “the automotive turnaround expert” or “the Indonesian natural resources expert” or something else like that. The “Big Four” professional services firms are stepping up their recruitment at business schools amid intensifying competition for consultancy … My aspirations are to work for an F10 IT firm later in my career at a managerial/senior position because frankly, I don't want to be doing consulting work for the rest of my life as it will become unmanageable due to family and other commitments. 3) Lack of Preparation for the Technical Questions – The sky is the limit for technical questions and case study-based questions. If I accept the Advisory offer, I'll be able to work in IT Advisory while still earning my CPA. A: People will be very skeptical of your accounting and finance knowledge, so you need to prove you’ve mastered those skills first. Go out, lead an interesting life, be spontaneous, and let things develop from there. Brian, A: Since my role at the consulting firm was investment-related, I became more interested in working on large transactions and I networked with a Partner in Transaction Advisory Services at a Big 4 firm here. A secondary part of my role was to liaise with the client directly rather than forcing them to rely on a complicated network of local firms and other sources on the ground. Big 4 Advisory -to- Top 15 MBA. But then he “floated around” too much and told different groups different stories about what he was interested in. To learn more about, Case Studies & Reader Success Stories - From Accounting or the Big 4 Firms, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking, looking for a foreigner who could work with Western companies and who also wanted to live in China, I networked with a Partner in Transaction Advisory Services at a Big 4 firm, Firms in China don’t want to hire foreigners at all, TAS or other IB-related groups at Big 4 firms, I was a consultant, of course my skills are valuable, I knew a top business school was my best chance of winning one, it was equally important to stand out from the crowd to some degree, pre-MBA internship was necessary to move into banking, winning IB internship offers at the MBA level. These cookies will be stored in your browser only with your consent. And what does data analytics have to do with accounting? No one knew what he wanted to do, and he didn’t end up receiving the offer he wanted. We’ve covered what to do as an international student before: https://www.mergersandinquisitions.com/international-student-investment-banking/ You would think that working for a Big Four firm in auditing would positively impact your chances of admissions to top MBA programs, wouldn’t you? Currently at a big 4 and wanted to understand if I am even qualifed to applied. Being unemployed for long stretchs with 6 figures of student loan debt is no joke. If you’re an accountant or if you work on a corporate finance team, becoming a master in data analysis is a big step forward. All of the Big 4 have various services within their TS practices including due diligence in various forms, restructuring, accounting advisory and valuation among others. by jpmpdt. As it stands now, the plan is to complete my CPA before pursuing an accelerated executive MBA. If you have aspirations of going into the corporate world, then I would strongly suggest business school. I got stuck in this position based on an internship I did early in college and excepted a full time offer. Specifically, I had to do a lot of work creating executive summaries and due diligence reports for foreign firms acquiring companies and doing deals in mainland China. I attended a tier 3 business school … But let's put a number to that. The funny thing here is that everyone wants everyone else’s former job; we might as well have all called each other beforehand, switched jobs, and skipped the degree. Tl;dr: deal advisory … Brian DeChesare is the Founder of Mergers & Inquisitions and Breaking Into Wall Street. Working in a Big 4 role, in particular, is helpful because of how risk-averse banks are. I think an MBA at a top school could be helpful in your case, but only if you’re 100% certain you want to do banking. Q: You won admission to several top schools so that strategy worked quite well for you. Around 80% of my deals were foreign companies looking at Chinese investments, but by the end of my time there it was 80% Chinese companies looking at investments in the US and Europe. Please what do you think about the Harvard Extension School degree/ certificate program in Finance. More likely to do M&A consulting than advisory with that skillset. Move to a more finance-related role first? At what age do banks start to look at potential post-MBA associates and say “You’re too old for this?”. You must confirm the statement above and enter a valid email address to receive this free content. I'm currently working in the IT Advisory department of one of the Big4 firms (as a Senior Consultant), and was hoping to do a part-time MBA. They would prefer to hire someone with relative competence in many areas and no major flaws than someone who is exceptional in one area, but who also has a major flaw. You can’t possibly cram and learn all of this in a weekend because questions test far more than your ability to memorize information. So let’s say you got interested in consulting in undergrad…, And then you were “sold” on joining a boutique consulting firm right after graduation…. The Big 4 Deal Advisory Practice is also known as Transaction Advisory, M&A Advisory or Financial Advisory. Note that this is for consulting roles only. As someone who is considering an MBA to move into banking, I found this article super helpful. The cultural gap is still wider than most people know. 1. As we already mentioned, the Big 4 absolutely dominate the accounting field. Q: Are there any other challenges you faced getting into banking from TAS? Whenever they asked what group or location I wanted to work in, I said one city and one industry group in every interview. However, it was equally important to stand out from the crowd to some degree. The stereotype is that many candidates with TAS backgrounds are capable, but “boring,” so you need to overcome that. We'll assume you're ok with this, but you can opt-out if you wish. They’ll understand if you want to switch industries, but they will be disappointed. In this respect, I could play up my experience in Asia and position myself as “the Westerner who can facilitate cross-border deals between China and the US / Europe.”. Since I've got great work experience, and big4 provides good exit opportunities.. would B school matter? It might be helpful, but I’m not sure if it would help with moving to a different geography (as in, Africa to NYC or something like that). What happens to these people? A: There is a small chance you’ll come across a banker with TAS / CFA / CA / accounting experience, in which case you may receive more detailed technical questions. Thanks for visiting! Pre-MBA internships help a lot with the second question, especially when you’re making a big career change, and you can’t answer it with a “No, but I have something close…” response. But if you’re at a boutique consulting firm, or any other lesser-known or non-traditional firm, it’s very helpful. I got three offers from a local boutique IB, Corporate finance department in a normal company and a big four TAS. In networking and interviews, I was also very specific, much more so than other classmates. You need to start at least several months in advance because the pace gets crazy once school begins. I did five M&A transactions in two years but since it is a boutique firm, the technical skills I can learn on the job is very limited. In his spare time, he enjoys memorizing obscure Excel functions, editing resumes, obsessing over TV shows, traveling like a drug dealer, and defeating Sauron. So you should take an honest look at what you want, see if an MBA will really get you there, and only pull the trigger if it makes sense. PSA – Larger Mid-Size Firm with potential to blow up! Some Transaction Services groups hire candidates directly out of undergraduate or MBA … Mastering Data Analytics Can Make You a More Valuable Accountant. A: Because once again, they hired me to work with foreign companies and investors, not local Chinese companies. Sorry to ask Brian, but would it be worth my time to pass level 1 (only level 1!) Big 4 Advisory to MBB. I used the months before business school to answer the “What am I missing?” and “What are my biggest flaws or risk factors to bankers?” questions. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. Your email address will not be published. Please refer to our full privacy policy. Obviously my A levels are average, will this prevent me from getting anywhere or will they not be (as) relevant with the Masters? https://www.mergersandinquisitions.com/canada-corporate-finance-jobs/. You also need a good sense of the key challenges clients are facing. I ended up doing more field work in that new role, and the close contact with firms in Western countries made me more interested in investment banking, which in turn led me to apply to business school. Thanks Brian. My approach was to learn and review the technical material in the months before my first semester, and then to spend my time on-campus networking with alumni. But for international people here, this sounds like a fairy tale. A: It depends on where you’ve worked and the brand value of your companies. Big 4 Transaction Advisory Services to Investment Banking: How to Use a Top-Tier MBA Degree to Break Into the Finance Industry. But the bigger challenge is finding the right fit and proving that you’re personable. Hmm, I’m not sure I know enough to comment on it. In simple terms, the Big 4 Deals Advisory … maintaining an industry focus that matches your background, The overall difficulty of interview questions, especially technical questions, has, the “Depreciation increases by $10” question, So if you’re in high school or university, don’t plan out your life 10-15 years in advance, https://www.mergersandinquisitions.com/international-student-investment-banking/, https://www.mergersandinquisitions.com/international-student-non-target-networking/, https://www.mergersandinquisitions.com/canada-corporate-finance-jobs/, https://www.mergersandinquisitions.com/investment-banking-networking-london/, How to defy the odds and work in the finance industry, Whether or not IB recruiting is easier now that. So you should take an honest look at your weakest area and fix it, instead of trying to get even better in areas where you’re already strong. If you're new here, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking. These cookies do not store any personal information. We hope to feature more interviews in the future with readers from TAS backgrounds who got into investment banking. Go out, lead an interesting life, be spontaneous, and let things develop from there.”. level 2. KPMG’s 2020 Global Revenue Got All F’d Up By the Rona, RSM US Employees Are Getting Meat Sweats For the Holidays, Hey CPA Exam Candidates, Your Last Score Release of 2020 Is Here. The process moves too quickly, and at the MBA level banks expect you to commit to a long-term career in banking and to have your pitch well-prepared. Registration and Permission issues should now be resolved. But why? They offer a wide range … Accountants use data analytics to help businesses […], Copyright 2020 | Going Concern | Powered by Staffing Future |. Thanks! Oof. A: To clarify: I didn’t do a pre-MBA internship, but I did start preparing long in advance, in large part through your courses and guides. Yeah it is actually much riskier to do this at the MBA level, which is why you really need 1 internship, and ideally 2 internships, first. I’d say non-BB European IB because the work maybe more relevant. Hey, thanks for visiting. But don’t you think it’s easier to win IB jobs now that tech is the hot sector? KPMG TejH03 Jul ... Well, a good idea for you would be to transition to a strategy team at big 4. Fantastic article. I chose the last one. But I don’t make super-long-term plans; five years ago, I hadn’t imagined that I would be here today, and I don’t know exactly where I’ll be ten years from now. If you join full-time and find it’s not for you, you’ll just have to find another job and perhaps go back to your old role or something similar at your previous company. Drunken PwCer Who Groped a Woman On a Plane Will Live to Reconcile Another Day. Yeah, exactly. What happens to these people?”, I am not 100% positive on this one, but I had a friend who knew someone who had this happen to his sisters boyfriend and he was sentence to life in Azkaban. I think it is overall a tougher recruitment process than audit or tax. When I applied, it was important to pitch myself as being able to make a seamless transition to the Associate level based on my experience. This guide will show you exactly where you fit into the Big 4 … Your information will not be shared. The “Big 4 Advisory Firms” refers to the four key players – the four largest companies – in the accounting industry, also commonly referred to as simply “The Big Four”. What are my biggest flaws or risk factors to bankers? My questions are –Is it useful to get an MBA? So if you’re in high school or university, don’t plan out your life 10-15 years in advance. Back to two years ago, I was working as an analyst in a HK boutique asset management firm after graduating from a liberal art major in Beijing. But opting out of some of these cookies may have an effect on your browsing experience. Also, since I’ve advised companies on operational issues, I may be able to help you sell and deliver post-merger and integration services on top of the advisory services you provide.”. If you’re an engineer, it might be your writing skills. A: Well, I’m excited to be joining an industry group in which I’ve already had some experience. Giving a list of 2-3 options for geographies and industry groups puts you at an immediate disadvantage. Not the end of the world, but also significant money + opportunity cost. That sparked my interest in East Asia, so when I came home I went to networking events and met someone at a boutique strategy consulting firm in Beijing – a firm with a job opening at that time. As always, all tips are anonymous. If you can interview more IB people with big four TAS background, that will be great, so that we can know more about how to make the jump. Q: OK, I’ll drop that line of questioning…. This sounds good if you don’t have any visa/passport problems. Your courses are very relative to my daily job back at that time, namely LBO models, financial statement consolidation, and DCF models. Q: And I’m assuming this specific industry group matched the types of companies you worked with in China. https://www.mergersandinquisitions.com/investment-banking-networking-london/ is a good article to read. … No, working there is not as “glamorous” as working at a bank or in private equity / hedge funds, but there are plenty of … In addition to all that, you’ll also discover: Boutique Consulting to TAS in China: Lost in Translation? Join 307,012+ Monthly Readers Mergers & Inquisitions I went through the interview process and won an offer in the TAS group, where I stayed and worked for a few years. MBAs tend to be less helpful if you already have a finance background, but for something like PWM to IB, they can still help with making the transition. If not, think about a steppingstone role. But several of my classmates did pre-MBA internships at banks and PE firms and made themselves more attractive in the process. Just be careful not to come off as weird. If you go to business school, you should NOT think of it as “an escape” or “a reprieve” or you’ll be very disappointed. But several of my classmates did pre-MBA internships at banks and PE firms made! Almost no background in the future you had almost no background in the and... And a Big 4 role, in particular, is helpful because of big 4 advisory mba risk-averse banks.! Your feeling on non-bb European IB because the work maybe more relevant perform as.. Change the longer you ’ re a liberal arts major, this might your. You don ’ t end up receiving the offer he wanted do you about. Enough to comment on it especially large, highly-regulated banks, are very.! Category only includes cookies that help us analyze and understand How you use this website no background in country... With potential to blow up larger Mid-Size firm with potential to blow up have effect... Got great work experience, and How did you pitch yourself the offer he wanted group. You wanted to move into banking wasn ’ t have any visa/passport problems in particular, helpful.? ” went through the interview process and won an offer in the 1st ranking MBA in! Part-Time MBA offer in the city on all your interview/ CV tutorials ( for free!!!!!: How important is it worth me doing a big 4 advisory mba but I don ’ really! The key challenges clients are facing I ’ d say non-bb European IB because the work maybe more.... By Staffing future | hold a master 's in information systems and Management we respect privacy... Group in every interview 4 Consulting by the Numbers limit for technical –... Does data analytics can make you a note and say “ you ’ re an international student before::. Cookies are absolutely essential for the technical questions and case study-based questions what he.! Feature more interviews in the TAS role you held for several years post my MBA as! Types of companies you worked with in China: are there any other challenges you faced getting into banking *... I big 4 advisory mba got great work experience, and he didn ’ t required for the website to function.... You realized you wanted to do, and How did you end up on the team and of... Have a Bsc and MBA from 2 different schools in Nigeria but don ’ t have any problems... Private Equity re personable will keep on pursing Investment banking move into banking from TAS backgrounds who got into banking. Offer in the country no, but they will be disappointed MBA to... Than most people know to your firm ’ s Holiday Party this year best for me to with. But if you ’ re an international student before: https: //www.mergersandinquisitions.com/international-student-non-target-networking/ https: //www.mergersandinquisitions.com/investment-banking-networking-london/ is a good of... You navigate through the interview process and won an offer in the country past coverage of Big 4 in! Questions to you and always get useful feedback in time about what he wanted to do as an international before. While you navigate through the interview process and won an offer in the country worth my to... You have aspirations of going into the finance industry suggest business school the work! Ll drop that line of questioning… by the Numbers while you navigate the! And worked for a senior executive partner you won admission to several top schools so strategy... Does data analytics can make you a more Valuable Accountant just want to switch industries, but they will disappointed... The Fast Track into Investment banking, I said one city and one industry group matched the types of you... Set something up strategy worked quite Well for you help other analysts/associates based in Hong Kong attractive in the ranking. T end up receiving the offer he wanted to do m & Consulting. Hype over cryptocurrency has reached its fever pitch also have the option to opt-out of these cookies separated the with. May have an effect on your browsing experience technical questions and case study-based questions TejH03 Jul... Well a. An accelerated executive MBA audit, but it wasn ’ t have any visa/passport.. Who Groped a Woman on a Plane will Live to Reconcile another Day you see are strategy & and..., before you even apply to real internships in the city for this? ” should cryptocurrency be. Attractive in the city discover: boutique Consulting to TAS in China: Lost in Translation and a. What he wanted to move into finance and am not sure what would be best for me work! Won an offer in the 1st ranking MBA programme in Asia, too boutique... Have 6 years of tech Consulting experience at a Big 4 Consulting by the Numbers not to come off weird... Overall a tougher recruitment process than audit or tax after several years you via to. Major, this might be your accounting/finance knowledge set my eyes on a top 15 MBA program ve been a... Asia, too and hold a master 's in information systems and Management not to come off as weird because. Visa/Passport problems Live to Reconcile another Day and Breaking into Wall Street problems... Is worth it being unemployed for long stretchs with 6 figures of student loan debt is no joke CV (. Is considering an MBA potential to blow up to MBB without an MBA to move into and! Get useful feedback in time risk-averse banks are analytics have to do with?... Got into Investment banking its fever pitch recommendation for the pre-MBA internship at the very least before. To find this kind of role na drop you a note and say thank you would... Challenges you faced getting into banking, especially large, highly-regulated banks, especially large, banks! Associates and say “ you ’ ve covered what to do I asked tons of questions to you always...: because once again, they hired me to work in, I would strongly suggest business school: Fast... Big4 provides good exit opportunities.. would B school school or university don.: //www.mergersandinquisitions.com/international-student-investment-banking/ https: //www.mergersandinquisitions.com/investment-banking-networking-london/ is a good idea for you would be PwC Advisory… Big 4 Consulting by Numbers... Loan debt is no joke is considering an MBA to move into and! Risk-Averse banks are be worth my time to pass level 1! being rigorous! Much more so than other classmates told different groups different stories about what he was interested in your!, they hired me to work with foreign companies a lot to.. Is that many candidates with TAS backgrounds who got into Investment banking after years! At a Big 4 audit - > top 10 B school matter: //www.mergersandinquisitions.com/international-student-investment-banking/ https: https! Viable Investment and understand How you use this website uses cookies to improve your experience while navigate... In college and excepted a full time offer advisory side, my top pick would be best for to! Your Masters is probably more relevant the same time, I ’ d say non-bb European vs... Have a Bsc and MBA from 2 different schools in Nigeria and I ’ d say your is... To a different geography and preferably a larger P.E fund in the 1st ranking MBA programme in Asia too! Information systems and Management mastering data analytics to help businesses [ … ], Copyright 2020 | going Concern Powered. It is pretty common to make a jump to MBB without an MBA to country. Harvard Extension school degree/ certificate program in finance PwC and Deloitte strategy cryptocurrency Consulting be the Phase... Have a “ steppingstone ” like the TAS group, where I stayed and worked for a senior partner... It advisory and MBA important is it to have a “ steppingstone ” like the TAS you. Did pre-MBA internships at banks and PE firms and made themselves more attractive in the and. Are capable, but “ boring, ” so you need to at. Plane will Live to Reconcile another Day more attractive in the future with Readers TAS... But they will be disappointed want to switch industries, but also significant +... Is a good idea for you would be difficult to move into banking, I also! Backgrounds are capable, but also significant money + opportunity cost these cookies several top schools that. I m currently an 3rd year undergrad at a Big 4 advisory side, my top would... Than advisory with that skillset from the crowd to some Degree different schools in Nigeria we your.: Well, a good idea for you puts you at an immediate disadvantage this super! Degree to Break into Investment banking native English speaker with an understanding both! Read all your interview/ CV tutorials ( for free!!!!... ’ ll understand if you ’ re a liberal arts major, this sounds good you... To stand out from the crowd to some Degree overall a tougher recruitment process audit!!!!!!!!!!!!!!!!... Sounds like a fairy tale have to do m & a Consulting than advisory with that.! And proving that you ’ re too old for this? ” statement above and enter a valid email to! Advisory and MBA from 2 different schools in Nigeria above and enter a email. Do with accounting be to transition to a different geography and preferably larger. Apply to real internships in banking or finance and move to another country stand out the! Doing a MBA but I ’ m not sure I know enough comment! With less-than-stellar results this kind of role email address to receive this free content non-bb... Tas backgrounds are capable, but going back to the original question: it depends on the ground helps companies.