Memang i deserve 2k for not flippig few pages back. Thanks for the advise. Am I able to negotiate on sponsors on ACCA's exemptions and studies tho?

I think they do sponsor to maintain your membership but they do not sponsor your examinations. I might be wrong though.

Im not from a uni but college, with acca platinum status starts with a S in penang
EY doesnt offer it
And the other 2, I told them upfront Im still studying acca but classes are held in non-working hours while calling the HR after a month.
Plus from other posts, I know they ARE looking for people around December.

Been like 5 weeks or 6. So yea chances are Im not getting it.
Just want to get into the interview process so i can proof myself worth for the company

kesian i tak laku

You would need to negotiate via bond usually a period of 4 years. For ACCA usually they sponsor up to RM15k only.

Yea this one I heard from my friend from PwC. 4 years bond including paying her exemptions, exam and tuition. Thanks for the info on the total value of sponsorship given

Sentral

EY and Deloitte can be easy to get in during December. Send in straight to HR.

PwC more formalised, need to apply through the website.

aiya i kena exposed liao

But since I applied thru their website 6weeks before, I dont think I should apply again thru website in Dec. What do you think of this?


Deloitte doesnt seem have the position I wanted atm.
EY doesnt offer for ACCA student.
KPMG I directly sent to their HR before after phone call. The HR is very friendly! I had to call them twice because I didnt get the email correct at the first time, and the HR still entertained me.
PWC. Looks like its not only formalized and also centralized. Had to call to KL to get someone to talk to me regarding the matter. Promised me to send me an email later, apa pun takda. Hahahaha

Assurance/Tax around 3k, consulting/deals around 4k. So depends which team you're joining. Among Big 4s Deloittle, EY and PwC generally pays more then KPMG by a couple of hundred bucks.

Thank you for your input. I already applied for Delloite and PwC under tax department. Since I applied thru online I think the waiting time will be slightly longer. Meanwhile, I guess I could prepare myself for the assessment.

Hi guys, been reading the previous post here to clarify on expectations in the Big4's recruiting process. Somehow, I still can't seem to find the answers I wanted as most of the posts are mainly related to audit. Hopefully some kind soul will help me out here by shedding the light as I'm quite anxious about my situation.

Basically I'm keen to the Advisory department(Valuation, CF) as my main goal is to have exit opps for Asset Management and IB's in a few years. Not to mention hopefully they'll sponsor me for CFA

I've applied for PwC(2weeks ago), E&Y (1/9) and I did not received any feedback from neither parties. I've read that we'll be informed by e-mail when our profile is being reviewed but so far there isn't any feedback at all... I'm planning to enquire about it in an upcoming career fair.

Based on my observation from previous post it seems advisory lines normally have low turnover rates. Does this means that it's very hard to enter as a fresh graduate for an associate position?

I've obtained a first class honours, local grad but UK degree, active in co-curricular activities mainly sports and competitions, interned at a local bank. What are my chances?

I've reviewed some LinkedIn profiles of Big4 advisory associates and they're mainly overseas grads, kinda felt demotivated as I felt that I might not be good enough to be even be shortlisted for interviews

This post has been edited by Benji Woon: Sep 7 2018, 06:20 PM

Hmm let's take rough math. 4 firm. 1 Advisory team is normally less than 10 people (including partner). Some are bigger like risks (due to mfrs 9 project recently). Hmm let's put 15 different advisory team (ie: m&a, CF, valuation, risks, ...). So 4 X 10 X 15 = 600 plus position in Malaysia to fill? Let's take turnover rate of 20% per annum. That's around 120 position per year? Imagine you have 1000 grads of different background applying? Your chance is around 10% (regardless of bias of academic results)?

Asset management? You can try join place like khazanah? For in, why not try apply directly?

Hmm tbh asset management is quite a niche industry and normally they would only look for experienced hires. I did my survey with fund managers, equity analyst. They said normally their department has less than 10 people in it. With the limited amount of asset management companies and small departments you can see how competitive it is.

For Khazanah I did applied a few weeks ago, not hoping much from it as they stated if there is no reply after 2 weeks it's unsuccessful.

For the advisory part, I've went to a career fair to enquire about my application status for the Big4s I've applied and submitted my CV in person. 1 of the Big4s advisory recruiter told me to wait for 2 weeks and he/she will get back to me. He/she specified me to be prepared for financial modelling test and read up as much as I can about their articles. Hopefully they'll provide me an interview or at least get back to me by then

This post has been edited by Benji Woon: Sep 13 2018, 11:33 AM

In relation to the asset management info, you are quite right. It’s supposed to be small and lean so it’s easier to dismantle and restructure based on the markets trend or investors preference. The competition is to maintain / get new investors while maintaining the required IRR. You may find better chance to start from boutique firms first to get the ropes and build your track record. You can look for them under the prescribed list in SC website.

Khazanah, its better if you have referral. They prefer someone with experience as the scholars will take up the fresh grads position.

Advisory, also better if you have referral to get the interview. In career fairs, they normally give standard response so just take it with pinch of salt. The tests are normally quite standard and your interview performance will matter more. Try to look for dept that focus on valuation / financial modelling rather than those on presentation / project management.

Taking up CFA also helps as it will give you networking opportunities (if you take classes). Quite a few investment specialist takes up CFA to boost their profile so you can get close to them. Alternatively, you can also look up for glcs/glcs (Ie: BNM, SC, EPF, KWAP, PNB,…)

I can be of some help. My responses in blue below.

Hi guys, been reading the previous post here to clarify on expectations in the Big4's recruiting process. Somehow, I still can't seem to find the answers I wanted as most of the posts are mainly related to audit. Hopefully some kind soul will help me out here by shedding the light as I'm quite anxious about my situation.

Basically I'm keen to the Advisory department(Valuation, CF) as my main goal is to have exit opps for Asset Management and IB's in a few years. Not to mention hopefully they'll sponsor me for CFA

Most big 4 advisory departments do sponsor CFA without bond, but you pay first and only claim upon passing. Nowadays IB people come join big 4, IB not doing well.

I've applied for PwC(2weeks ago), E&Y (1/9) and I did not received any feedback from neither parties. I've read that we'll be informed by e-mail when our profile is being reviewed but so far there isn't any feedback at all... I'm planning to enquire about it in an upcoming career fair.

I think it's fair to wait 2-4 weeks.

Based on my observation from previous post it seems advisory lines normally have low turnover rates. Does this means that it's very hard to enter as a fresh graduate for an associate position?

Turnover rate differs from team to team. Each team is very unique in advisory, different boss, different clients, different skill sets. The worst teams have higher turnover rate than assurance, the best teams almost no turnover. But overall I would say around 20% turnover, similar to assurance. Turnover is not the only influence on the ease of joining as a fresh grad. Each team will differ in size from year to year (but long term trend team size will gradually increase). More on this below.

I've obtained a first class honours, local grad but UK degree, active in co-curricular activities mainly sports and competitions, interned at a local bank. What are my chances?

I've reviewed some LinkedIn profiles of Big4 advisory associates and they're mainly overseas grads, kinda felt demotivated as I felt that I might not be good enough to be even be shortlisted for interviews

So during good years when business is good, the firm will hire more fresh grads. Standards will drop and the firm will be willing to accept lesser quality candidates to keep up with project delivery work. However, times are not good at the moment and business is generally slow-ish.

So the firm will be receiving plenty of CVs for very few positions. Having good results is a given necessity to join. But unfortunately if the firm receives so many CVs for so few positions, naturally the firm may filter out local grads. Overall i would say 60-80% of advisory staff are foreign grads.

Alright thanks for the sage advise! Yup that's my plan exactly, I'm trying to at least land on a job which is related to asset management therefore I don't have to start from scratch in the future. I'll just be patient for now, I do have other job offers but they are unrelated to my main career goals. Hopefully I'll get offers based on my preferences in the near future. Fingers crossed.

Anyways for the CFA part I'll leave it to my future employer to sponsor it, just being economical. . That's one of the reasons why I want to join Big4s advisory dept

I see thanks for the insight! Are you in 1 of the big4s advisory? You seem to know quite a lot about it.
Hmmm so generally after 4weeks I will deem my application as failure? Would they notify me about it? Or should I enquire about it by giving them a call?

4 weeks? Be more patient
But just give them a call once maybe after a month(which i did) do the follow up

Mine took 7 weeks and I got it

Entering 4th week for me now still haven't heard from my future employer. Regarding the follow up, it is appropriate to call them up now?

I suppose?
Call them let them know they most likely will tell u to wait again
better than nothing

Hey guys, can i know what to expect for a pre-employment medical check up with any of the Big 4? Is there a blood test specifically for HIV testing? or it is only for cholesterol, sugar etc? I'm malaysian btw.

Planning to apply for audit position. Any of the big 4 is asking for HIV test in their pre employment check up?

This post has been edited by sobaloverxx: Oct 6 2018, 03:59 PM