Skip to main content

Steps to getting into a Big4 firm for people from Non-Big4 background

 How to get into a Big4- When you are from Big4 firm ?

Best time to get in Big4 firm is at articleship. But thats a coveted piece. 

Now who couldn't get in what is the best course of action 

First Dont think about money you are getting - Its your first job 

Now, try to get into a big 4 audit division that is comparatively easier to get in as compared to deal advisory practice. 

Now if your profile is weak for that too, try to get into audit profile of other top firms - XX, XX,XX, XX, XX, XX, XX, XX


Journey for people from different background to enter deal advisory

Articleship from Big4 : 0 years

Articleship from top 10 firms : 0 - 1 year

Articleship from mediocre firms : 1-3 years 


Now those who are dummy - You must had great reasons to pursue that. You are beyond redemption. Even a rank wont help you reach at par with those who have done serious work. 



Comments

Popular posts from this blog

Founding concepts of financial due diligence

1. What is financial due diligence (FDD) ? FDD is detailed investigation into accounting records and assessment of past financial performance of the company to help a potential investor in their acquisition.  In the large pyramid of a "deal" , we manage the financial side prior to acquisition. 2. Who all are involved in a deal  a) Investor - a PE firm or a corporate b) Investee - company being acquired  c) Facilitators - Investment Banks, Insurance companies and underwriters d) Advisors - Accounting advisors (FDD) , Legal, HR and commercial advisors   3. What do we do in financial due diligence  Our focus is on below two items a) Deep dive in historical financial performance of target company b) Identify items that may impact valuation of potential deal  4. What does a typical FDD assignment involves? A typical FDD assignment involves customised procedures suiting to requirements of clients, potential issues in a target/industry and deal process. ...

Diligence of an IT company

 1) What is an IT company ? In a deal scenario, an IT company is a software development or skilled manpower outsourcing company. For example infosys is an IT company - it develop software. But in deal scenario, hinduja global solutions, or genpact is also an IT company.  2) Key performance indicators of an IT company A) Revenue KPIs - Growth in absolute revenue - Growth in Realisations : Revenue per employee/headcount on a monthly/annual level - Growth in hours billed - Efficiency measured in terms of billed hours as a % of available hours  - Movement in absolute revenue/realisation in each Geography B) Margin KPIs - Growth in absolute margins as a % of revenue  - Movement in average margin per employee on a monthly/annual level  - Variation in margin per billed hour/available hour - Movement in margin in each geography 3) Key potential issues in an IT company -  Customer concentration : Many a times, these companies are highly dependent on very few custome...