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Big 4 Talk
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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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tarheelfan4ever
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Posted: 03 Feb 2010 at 16:52 | IP Logged  

allegro-cpa wrote:
Can you work at a regional accounting firm for a few years then switch to big four?  I have heard of this but not sure if its common


that was kinda what I was hoping for. So far, it hasn't panned out.
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Kfan
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Posted: 03 Feb 2010 at 17:14 | IP Logged  

It's probably much easier to do in a good economy, when more experienced big 4 people leave for other positions. It's so hard to change jobs right now in this economy.

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Garnerman11
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Posted: 03 Feb 2010 at 18:14 | IP Logged  

I'm really amazed at some of the attitude towards professors here. I'm sure its true that there are those that can't cut it, but I have found many who just enjoy teaching and research. I think some of you should try to remember that these men and women have accepted a lower salary to teach YOU.

I am graduating now as an older student and I realize the value in loving what you do. I made very good money in my former career and got into accounting because I like it. I accepted a big four offer because I hope to learn a lot. That being said there is much more to life than your salary. I think being a college professor would be really rewarding and enjoyable.

If you want to make a lot of money, work for yourself. If you can't make a lot of money working for yourself, your probably not worth a lot of money.

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bird
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Posted: 03 Feb 2010 at 22:16 | IP Logged  

I think the comments of the professor are just a bad over generalization. Similar to how going to a prestigous private/ivy league school will give you a better chance of having a very succesful career, working for the Big 4 will give you the best shot at earning a high salary later on down the road.

There really is no explanation for this fact, other than that the market (employers) places a great deal of value on Big 4 experience, and are willing to pay higher salaries to get it. Do you really learn more working at a Big 4 firm as compared to a smaller/regional firm, idk, but for some reason the perception is that ex-big 4 accountants are better workers than those coming from different backgrounds. Going back to the school reference, some employers only hire grads of big name private schools because perception is that those people are more qualified, smarter, etc. truth is, the majority of rich people out there did not go to an ivy league school.

imo, if you can get into the big 4 after college, you would be dumb not to go, but if you can't get in, it's not the end of your career.

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creditfigaro
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Posted: 04 Feb 2010 at 01:27 | IP Logged  

If anyone is doing this for money, remember that
entrepreneurship is the surest way to the riches. Even if
you are getting 250K salary, you aren't even close to the
top.

Going into business for yourself for 5-10 years and being
somewhat successful will result in a business you can sell
for millions and retire comfortably.

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