Exit opportunities are similar for those below PwC (except BDO la lol). Salary can't be used to differentiate as it barely varies. Culture is very subjective, every person's individual experience will be different (your team/manager will dictate the "culture" for you).

It's rather safe to assume though that Deloitte's reputation is down the drain with regards to audit.

okay thanks ✌🏻

hi, i have just done phone screening and assessment from deloitte, want to know when will i know whether i have pass the assessment anot??

Hello, Good day guys!

My wife a CPA has a total of 7 years Accounting/Audit experienced with a 3 years experienced EY Philippines. She just moved here in KL. Now, she already sent her CV to EY, and currently looking for other opportunities with the BIG 4.

anyone can refer to PwC or Deloitte. Thanks!

apart from my upcoming PWC assessment, i've completed EY assessment 2 months ago, however i did not receive any email regarding my application whether it has been rejected or not, i sent an email to the recruiting team but still no response, what shall i do? call them?

Hi guys, boutique corporate finance advisory firm and big 4 TS, which is better? In terms of exposure and career growth in corporate finance.

They will call you within a week. If you passed, they will also inform you of your interview date. Next one is on the 14th FYI.

This post has been edited by Rajey: May 31 2019, 10:30 AM

I rarely find people want to stick to CF for long, hence most treat is as a gateway job to MNC’s M&A dept. To join those, you really need to impress the bosses there you can do deals. For you to do that, you need to be a Qualified Senior Personnel (QSP) working under a Principal Adviser (Ie: Investment Banks). To be a QSP, you need 7 years CF experience + substantial role in advising IPOs, significant acquisitions or regularisation plans.

Working in a Big4 or boutique firm CF will not net you the QSP title. Only IB provides that.

If you want to join a MNC after Big4 or boutique firm, it’s harder as not every MNC/PLC need such a role. Most of the time they will hire bankers anyway so they prefer someone at higher level.

That’s my 2 cents …

-Deleted-

This post has been edited by kingsley is man: Jun 11 2019, 02:43 PM

no.4 based on total market capitalization of listed clients

thankss, i received call already, yea my interview somewhere around there

I am in MNC M&A now, its not as interesting as I thought. Most of the work done by consultants, we just use their data to prepare the working papers. Went for interview in TS, found out that its more like financial audit instead of deals. I guess boutique firm is better if I want to have a career in IB in the future.

CFs in Big4 only have the CF advisory license from SC. They do not have the license in dealing with securities or as principal adviser.

In IPO, shares placement (equities dept) makes the most money which then followed by advisory (CF dept). Next is followed by the legal fees for drafting the prospectus (legal firm). Lastly will be the due diligence team/ reporting accountant (Big4).

In M&A, most of the time, foreign IB bankers (from HK and SG) will be hired for their experience and skills. Then followed by local IB for dealings with SC & Bursa. Then followed by legal firm for drafting all the proposals and contracts. Last again is the due diligence (Big4).

For boutique firm, you will stand a higher chance if you find the right one. At least look for those that has QSP in their team or have advised a recent IPO in Main, ACE or at least LEAP.

I think you can look for the CF dept in Big4 also as you will exposed from a – z in origination albeit at much lesser size. Some make it big, I have few friends who managed to convert their Big4 advisory experience to the government linked investment funds.

May I know what's the salary range for Audit Manager in Big 4 now?

Agreed, Big 4 CF gets the fees from advisory and they do not have license in dealing with securities. That's where their fees coming from.

Big 4 TS? You mean Big 4 transaction services?

Between these two, boutique corporate finance would have better exposure as compared to Big 4 TS. Big 4 TS usually focus more on due diligence etc. The good thing bout Big 4 is that it'll always look good on your CV with Big 4 experience.

From boutique firm, you can always opt to jump into M&A & CF in IB later if you are keen to pursue your career in CF (which I doubt many would stay long in CF). Not to forget you have to sit and pass the Module 12 & 19 exam from SC.

This post has been edited by Nardev87: Jun 11 2019, 05:06 PM

-Out of topic-

I got offered by EY!
I am now wondering where should I rent my room
Damansara Heights or Bandar Utama better?

Congrats! Audit, is it? Can't recommend any, auditors usually have to go to client's place most of the time.

10k +/-

New junior manager in KL? You sure?