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Subject Topic: My ACTG prof says go Big 4 or go home... (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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Donald11
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Posted: 02 Feb 2010 at 12:54 | IP Logged  

I wonder what the percentage of Big 4 employees who see 6 figure salaries is.  I would venture to guess it is under 50%.  Maybe under 25%. 
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fla_examer85
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Posted: 02 Feb 2010 at 14:28 | IP Logged  

Donald11 wrote:
I wonder what the percentage of Big 4 employees who see 6 figure salaries is.  I would venture to guess it is under 50%.  Maybe under 25%. 


Wonder what % that start there ever see six figures.  Most leave within five years.


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senbi575
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Posted: 02 Feb 2010 at 15:21 | IP Logged  

fla_examer85 wrote:
Donald11 wrote:
I wonder what the percentage of Big 4 employees who see 6 figure salaries is.  I would venture to guess it is under 50%.  Maybe under 25%. 


Wonder what % that start there ever see six figures.  Most leave within five years.

If you stay any longer, and don't want to make partner, you are actually hurting your career, as you get pigeonholed into one type of skill set, be it audit or tax companies would rather hire a person with experience running a business, vs audting them or preparing their tax returns.

I thought this way when I was in school, got into a Big 5 (at the time) firm, was miserable for my entire time there and moved on to a private company. The experiences at the CPA firm was good, you learn quick and it boosts your resume, but by no means is it a guaranty to an executive position. 

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Inspired
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I agree. How do you all a sudden know how to run a company by auditing for a couple of years?
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cpadudeface
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professors are professors because they can't hack it in the real world (some exceptions allowed)...

he's saying this for a reason, as most of my profs did as well..

your college will receive a stipend (bonus) from big 4 when they hire you - at least this was the case with my school and i basically lived in Recruitment office with the number of interview preps etc that i did, so i would chat up the HR gals and confirmed it to be true..

- secondly they associate big 4 with big $$$ (though we know per hr = not true) and once you hit big 4, they use that against you as an alum to donate back to the school for placing you in such a "prestigious" firm...trust me, once i did big 4 the alumni calls doubled

all that said, if you get a big 4 opp but hate the work/life balance, take it, do it for couple years - move on...

the big 4 name (tho i hated the work and will probly never go back) got a couple nods from recruiters, but it wasn't a dealbreaker either way i'd say as personality goes a long way
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