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 Big 4 Recruitment Drive_v3

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iammasivers
post Feb 5 2019, 11:36 PM

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Just want to share that I've interned in KPMG in 2016 and applied again for permanent position after I have completed my studies. Applied countless times for their new job openings in audit and tax. But I didn't receive any interview invitation. My resume is good imo like 3.5 CGPA, president of accounting club etc. I thought since I've interned there it could help me, but I guess not sad.gif Well at least now I got an internal audit job in a bank with way better work life balance and decent pay
xkjon
post Feb 6 2019, 11:06 AM

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QUOTE(iammasivers @ Feb 5 2019, 11:36 PM)
Just want to share that I've interned in KPMG in 2016 and applied again for permanent position after I have completed my studies. Applied countless times for their new job openings in audit and tax. But I didn't receive any interview invitation. My resume is good imo like 3.5 CGPA, president of accounting club etc. I thought since I've interned there it could help me, but I guess not sad.gif Well at least now I got an internal audit job in a bank with way better work life balance and decent pay
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That probably means that you didn't really impress them during your internship. If you did, they would have asked you about potentially joining as a permanent.

But anyways, IA is a lot better than EA in my opinion. Better work life balance.
iammasivers
post Feb 6 2019, 06:46 PM

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QUOTE(xkjon @ Feb 6 2019, 11:06 AM)
That probably means that you didn't really impress them during your internship. If you did, they would have asked you about potentially joining as a permanent.

But anyways, IA is a lot better than EA in my opinion. Better work life balance.
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My senior gave me quite a good evaluation. It's just that back then I still have one more year before I complete my studies.
azazeal0627
post Feb 6 2019, 09:37 PM

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QUOTE(eddydo @ Feb 5 2019, 04:40 PM)
banking? what type of banking
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I’m doing credit review + formulating exit strategy for impaired account
ferd0123
post Feb 6 2019, 09:43 PM

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Mind sharing your experience as working in big four firm in malaysia, do you guys always traveling abroad alot or just visiting local manufacturer?
xkjon
post Feb 7 2019, 12:44 PM

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QUOTE(ferd0123 @ Feb 6 2019, 09:43 PM)
Mind sharing your experience as working in big four firm in malaysia, do you guys always traveling abroad alot or just visiting local manufacturer?
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Short answer - depends on which client you are assigned to.
xkjon
post Feb 7 2019, 12:44 PM

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- accidentally double posted -

This post has been edited by xkjon: Feb 7 2019, 12:45 PM
crystalfenix
post Feb 8 2019, 12:50 AM

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QUOTE(ferd0123 @ Feb 6 2019, 09:43 PM)
Mind sharing your experience as working in big four firm in malaysia, do you guys always traveling abroad alot or just visiting local manufacturer?
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Depends on level and client base.

If youre a fresh graduate joining the firm, dont expect to travel alot abroad.

If youre higher level like manager and above, higher chance.

If clientele is a MNC with operations around the globe sure, but if local only then no.
oldlady94
post Feb 8 2019, 08:35 AM

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guys, how long is it actually to received an update regarding job application for the big 4?
PapMyKaripap
post Feb 8 2019, 10:01 AM

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QUOTE(oldlady94 @ Feb 8 2019, 08:35 AM)
guys, how long is it actually to received an update regarding job application for the big 4?
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What's the status of the application? Just CV drop off or interview already?

If it's just CV drop off then it can take a while because HR receives a lot of job applications everyday so there is a process for HR to review it first for vetting and then for the hiring manager to further review to decide if worthy for interview.

If you already interviewed, then it depends on how urgent they need the position filed and the number of other candidates that they still need to interview. Could be 1 week or a month - but you should have asked that question during your interview on when you can expect an update from them.
oldlady94
post Feb 8 2019, 01:18 PM

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QUOTE(PapMyKaripap @ Feb 8 2019, 10:01 AM)
What's the status of the application? Just CV drop off or interview already?

If it's just CV drop off then it can take a while because HR receives a lot of job applications everyday so there is a process for HR to review it first for vetting and then for the hiring manager to further review to decide if worthy for interview.

If you already interviewed, then it depends on how urgent they need the position filed and the number of other candidates that they still need to interview. Could be 1 week or a month - but you should have asked that question during your interview on when you can expect an update from them.
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oh well thank you, its just CV drop off, but still it already takes about a month without any update, im just curious nothing else. Thanks tho

PapMyKaripap
post Feb 8 2019, 01:23 PM

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QUOTE(oldlady94 @ Feb 8 2019, 01:18 PM)
oh well thank you, its just CV drop off, but still it already takes about a month without any update, im just curious nothing else. Thanks tho
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Usually the quickest way to get a response is if you know someone in the company that can help to refer you. At least your friend can email directly to the HR rep and the department hiring manager. Plus if you are an experienced hire, your friend can get a referral bonus and you can ask your friend to share the bonus with you.
Ballsbreaker
post Feb 8 2019, 06:40 PM

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Anyone here have experience with M&A Deloitte? I heard big fours mainly just do due diligence and don’t handle too many deals
Topace111
post Feb 13 2019, 01:47 PM

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QUOTE(Ballsbreaker @ Feb 8 2019, 06:40 PM)
Anyone here have experience with M&A Deloitte? I heard big fours mainly just do due diligence and don’t handle too many deals
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If you want to be involved in deals, the company must be a principal adviser registered under SC. Only Investment banks can submit all type of corporate proposals to the SC. None of the Big4 qualify to be a principal adviser. That’s why you don’t see their name / logo in public disclosure document.

Investment banks also have all the license below:
• Dealing in securities;
• Dealing in derivatives;
• Fund management;
• Dealing in Private Retirement Scheme;
• Advising on corporate finance;
• Investment advice; and
• Financial planning

Big 4 only have the license to advise on corporate finance that’s why you see they mostly do due diligence related activities only.

oldlady94
post Feb 14 2019, 08:13 AM

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guys may i know the average salary for audit assistant for fresh graduate with degree & ACCA ?
artelle90
post Feb 14 2019, 10:56 AM

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Do I need a car when I'm starting to work at Big 4? Currently working at small audit firm with below than average salary, getting into EY next July, i don't think bank would approve my car loan application right now
PapMyKaripap
post Feb 14 2019, 03:02 PM

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QUOTE(oldlady94 @ Feb 14 2019, 08:13 AM)
guys may i know the average salary for audit assistant for fresh graduate with degree & ACCA ?
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Not sure if this is still accurate but I would think somewhere between RM2k - RM2.5k.
PapMyKaripap
post Feb 14 2019, 03:03 PM

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QUOTE(artelle90 @ Feb 14 2019, 10:56 AM)
Do I need a car when I'm starting to work at Big 4? Currently working at small audit firm with below than average salary, getting into EY next July, i don't think bank would approve my car loan application right now
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Yes, because you will be traveling to clients place a lot and they can be anywhere. A car would be very convenient unless you're lucky enough to stay nearby a colleague within the same team and that person is willing to pick you
kejun
post Feb 15 2019, 09:59 PM

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QUOTE(searcher1106 @ Jan 20 2019, 09:42 PM)
Well, I graduated many years ago, not sure the below experience still relevant.

I had my internship in one of the well known mid-tier firm before, and I joined one of the big 4 once I graduated from university. During my internship days, I was assigned to perform P&L testing, simple analytical procedures, review of statutory records and simple test of controls (SME engagement). My friend who had internship in one of the big four, he was assigned to perform P&L vouching (MNC and listed company audit).

I believe that's the exposure part mentioned by your lecturers. Nevertheless, I don't think the internship exposure matters much for your future employment, since an intern will not be expected to involve significantly in the audit engagement.

However, if you would like to get into big 4 in the future, maybe you should just apply for big 4 internship program. If you get to know some managers/seniors, you may get a referral in the future right.

Just my 2 cents.
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Thanks for your reply.
Sorry for the late appreciation due to the reason of busy with my assignments previously...
Mr. Najib Razak
post Feb 16 2019, 09:36 AM

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QUOTE(oldlady94 @ Feb 14 2019, 08:13 AM)
guys may i know the average salary for audit assistant for fresh graduate with degree & ACCA ?
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mid tier firm in kl offering min 3k, provided all acca papers are cleared
big 4 should be around 3.2k-3.4k

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