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 Big 4 Recruitment Drive

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peter_pj
post Oct 10 2008, 06:07 PM

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Freshie degree is RM2600 or RM2700 now.

I only have experience with PwC and EY, so my thoughts will be limited to the 2.

PwC
-----
Better technology - i.e. got special audit and tax software - makes your work a whole lot easier
Better reference databases - easier to find relevant information both in tax and audit
More structured training - courses are well thought out and good trainers
But I think more stressful and high expectations there as bosses expect you to be perfect and robot-like
People there more kiasu and selfish (be prepared for back-stabbing)
New office and a lot of public transport, but parking may become scarce in the future as lots become developed (applicable if you are office based)

EY
---
Technology, databases and audit/tax software are not as well developed as PwC, but advantage of this is that you don't become to reliant on one database. You learn where and how to search for information. Everything is not just 'standard letter' - again learn to think better.
Much nicer and more friendly people
Not much public transport - only the bus. Parking is RM7 per month, RM1 more expensive compared to PwC.
Older office, but still functional.

My thoughts: Pick the firm that offer you what you want. Assuming you join audit like most people, both PwC and EY audit teams have audit teams that are specialised in specific industries (eg, financial services, energy and utilities, property developers, consumer products, etc). So take the offer that allows you to join the industry sector you want.
prancingHORSE
post Oct 10 2008, 09:01 PM

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QUOTE(peter_pj @ Oct 10 2008, 02:27 PM)
Why the 'addiction' over salary difference?

Seriously, as a freshie, you ought to be more interested in gaining your practical and real life knowledge that will be beneficial in the long-term. And at the same time be happy at what you are doing.

I doubt if there would be any difference in salaries between the various classes. The only one's who would have a slightly higher salary would be prize winner's I guess...and within 1 year later, your salary would be based on your actual performance no matter if you are 1st class honours or honour-less.
*
Winner of a prize?
What prize for example?
ThanatosSwiftfire
post Oct 11 2008, 11:27 AM

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They stopped giving additional pay for prizewinners already hahaha
rayray
post Oct 11 2008, 12:06 PM

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I have a question here,

if i am to join the big 4 but not as audit or tax, but more to the functional side such as marketing or HR, is it easy to get hired?what is the salary range for a fresh grad of business administration with a first class?what is the working environment/culture? interested in EY and KPMG.
VelVetDreAmzZz^_^
post Oct 11 2008, 03:01 PM

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wats the requirements to enter big 4 normally? working in account line of course...anyone frm there?
hotsungie
post Oct 11 2008, 05:37 PM

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Hey everyone,

I have an interview next tuesday for the post Business Perfromace Services IT. I had been following this thread and most of the applicant is on audit or tax. Anyone has any idea on the post I am going to interviewed? Are they going to ask any questions on software programming???they ask me go 30 mins earlier for a test, what is that is all about??help....i need this job~~
Raymond_ACCA
post Oct 12 2008, 03:12 AM

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QUOTE(ThanatosSwiftfire @ Oct 11 2008, 11:27 AM)
They stopped giving additional pay for prizewinners already hahaha
*
Haha, too bad for u biggrin.gif btw, hows working culture there in PWC? have u meet the likes of godlike people, i.e ACCA gold,silver,bronze medalist there?
smile888
post Oct 12 2008, 10:41 AM

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are you sure is 2,600 now? i thought is 2,400?
yiivei
post Oct 12 2008, 11:46 AM

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QUOTE(smile888 @ Oct 12 2008, 10:41 AM)
are you sure is 2,600 now? i thought is 2,400?
*
salary revised last month.. tats y!!

smile888
post Oct 12 2008, 11:48 AM

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har... then those previously entered will receive salaray 2,400 or will also be revised to 2,600?

moyong
post Oct 12 2008, 12:33 PM

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do you think a diploma grad can get a job in one of the Big 4s tongue.gif just wondering
peter_pj
post Oct 12 2008, 02:47 PM

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QUOTE(ThanatosSwiftfire @ Oct 11 2008, 11:27 AM)
They stopped giving additional pay for prizewinners already hahaha
*
Then I wonder what motivation is there to study so hard? hmm.gif

QUOTE(rayray @ Oct 11 2008, 12:06 PM)
I have a question here,

if i am to join the big 4 but not as audit or tax, but more to the functional side such as marketing or HR, is it easy to get hired?what is the salary range for a fresh grad of business administration with a first class?what is the working environment/culture? interested in EY and KPMG.
*
PwC has quite a good marketing department. EY's marketing department is plain sucky and needs a lot of improvement.
You can always give a call to the HR department and I ask.
I normally receive e-mails about some internal vacancies in the marketing department as well. Not sure if they source from outside.

QUOTE(VelVetDreAmzZz^_^ @ Oct 11 2008, 03:01 PM)
wats the requirements to enter big 4 normally? working in account line of course...anyone frm there?
*
You mean finance department? Again, can call the HR and ask them casually.

QUOTE(hotsungie @ Oct 11 2008, 05:37 PM)
Hey everyone,

I have an interview next tuesday for the post Business Perfromace Services IT. I had been following this thread and most of the applicant is on audit or tax. Anyone has any idea on the post I am going to interviewed? Are they going to ask any questions on software programming???they ask me go 30 mins earlier for a test, what is that is all about??help....i need this job~~
*
Gosh, shouldn't you have ask the person that arranged your interview this questions? Well the normal aptitude test would be an essay question, some math's/IQ questions. Not sure if they apply to people applying in the IT department though. Again, I suggest that you call and ask, there's no harm in that.

Btw, you guys never mention which firm you are applying for so I can't tell you if I know anyone there. But generally, most HR people are ok.

QUOTE(smile888 @ Oct 12 2008, 11:48 AM)
har... then those previously entered will receive salaray 2,400 or will also be revised to 2,600?
*
There was an adjustment for PwC salary in July 2008 and EY salary in September 2008, so their salary should be adjusted at that time to match market rate, where necessary.

QUOTE(moyong @ Oct 12 2008, 12:33 PM)
do you think a diploma grad can get a job in one of the Big 4s tongue.gif just wondering
*
Not sure about audit, but within tax, you may not get an associate position but an assistant position. Salary will naturally be lesser and slower/lesser chances of promotion.
SUSMichi
post Oct 12 2008, 04:47 PM

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Peter, 2600 - 2700 is for EY or PWC ya?
and same q as smile888, what if we joined in july n they revise the salary ... will our salary be revised as well
or its only applicable to new joiners in sept?

thanks smile.gif
karkiv111
post Oct 12 2008, 06:28 PM

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QUOTE(Michi @ Oct 12 2008, 04:47 PM)
Peter, 2600 - 2700 is for EY or PWC ya?
and same q as smile888, what if we joined in july n they revise the salary ... will our salary be revised as well
or its only applicable to new joiners in sept?

thanks smile.gif
*
if i m not wrong .. 2600-2700 is for those who hav completed their ACCA ..
fresh degree holders still about 2400-2450 .. hav been told the freshies' level were not included in the latest revision ... BUT if they did revise that level .... then ... yes .. ur salary will be revised as well with the new-hires.. u will get a letter telling u about ur revised pay ..
VelVetDreAmzZz^_^
post Oct 13 2008, 12:14 AM

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wats the more popular req in this field ?
i mean..they prefer degree freshies or those who completed ACCA?
which one hav a much higher demand?
n which of these will lead us to learn more thatt we need?

ek85
post Oct 13 2008, 12:18 AM

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QUOTE(karkiv111 @ Oct 12 2008, 06:28 PM)
if i m not wrong .. 2600-2700 is for those who hav completed their ACCA ..
fresh degree holders still about 2400-2450 .. hav been told the freshies' level were not included in the latest revision ... BUT if they did revise that level .... then ... yes .. ur salary will be revised as well with the new-hires.. u will get a letter telling u about ur revised pay ..
*
i think karkiv111 is right...i was just offered last week..but still getting 2.45k...yea..im just a degree holder..so confirm no revision for freshies..with degree holder smile.gif
hotsungie
post Oct 13 2008, 09:04 AM

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QUOTE(peter_pj @ Oct 12 2008, 02:47 PM)

Gosh, shouldn't you have ask the person that arranged your interview this questions? Well the normal aptitude test would be an essay question, some math's/IQ questions. Not sure if they apply to people applying in the IT department though. Again, I suggest that you call and ask, there's no harm in that.

Btw, you guys never mention which firm you are applying for so I can't tell you if I know anyone there. But generally, most HR people are ok.

*
My bad... the firm I applied is KPMG. The interview is tomorrow!!!!!ARGHHHH~~Freak out...i reli want this!
peter_pj
post Oct 13 2008, 09:45 AM

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QUOTE(Michi @ Oct 12 2008, 04:47 PM)
Peter, 2600 - 2700 is for EY or PWC ya?
and same q as smile888, what if we joined in july n they revise the salary ... will our salary be revised as well
or its only applicable to new joiners in sept?

thanks smile.gif
*
Hi Michi, how is EY treating you....hmmm, there were 3 new joiners and 1 was my friend...so only left 2 of you for me to guess from... brows.gif

RM2600-2700 is for PwC. I assumed that EY should have matched this as well. But yes, that was the offer for a ACCA graduate. I didn't know there was a difference for degree holders. Strange though since both the fresh acca grad and the degree holder will both need the 3 years experience.

QUOTE(karkiv111 @ Oct 12 2008, 06:28 PM)
if i m not wrong .. 2600-2700 is for those who hav completed their ACCA ..
fresh degree holders still about 2400-2450 .. hav been told the freshies' level were not included in the latest revision ... BUT if they did revise that level .... then ... yes .. ur salary will be revised as well with the new-hires.. u will get a letter telling u about ur revised pay ..
*
In EY, the adjustment is for staff that have served for 6 months or longer. If you are newer than that, your salary would already be at market rate and hence no adjustment - I was one of the poor souls falling in the latter category cry.gif

QUOTE(hotsungie @ Oct 13 2008, 09:04 AM)
My bad... the firm I applied is KPMG. The interview is tomorrow!!!!!ARGHHHH~~Freak out...i reli want this!
*
Lol, no worries. Good luck with your interview and just be yourself. I am sure that you will do great...also don't be so stress out like how michi was with her lots of mails to me tongue.gif


prancingHORSE
post Oct 13 2008, 12:31 PM

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QUOTE(peter_pj @ Oct 13 2008, 09:45 AM)
But yes, that was the offer for a ACCA graduate. I didn't know there was a difference for degree holders. Strange though since both the fresh acca grad and the degree holder will both need the 3 years experience.
*
I had the impression that RM2600-2700 is for degree grads after completing their acca.
Whereas fresh grads only with either acca or degree will be RM2400.
It doesn't make much sense to differentiate between a fresh acca grad and a fresh degree grad.
peter_pj
post Oct 13 2008, 02:54 PM

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Fresh acca grads would have no real and on the ground experience either compared to degree grads so I see no reason that the salary should be differentiated.

And the RM2,600 was what was offered to my sister when she joined PwC in April or May this year. She is an acca grad but she applied to join PwC with her OBU degree as she had misplaced one of her transcripts and was waiting for acca to give her a copy.

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