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 Big 4 Recruitment Drive_v3

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tankwek
post Jul 14 2017, 12:16 AM

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yes. just like our friend above had mentioned, this is totally up to your decision to leave your office when you feel you need to.

work late is one of the options. You always got ways to manage your work. you can leave earlier, then come to office earlier the next day, or you can have your lunch in your office and continue working instead of going out for lunch, you can even work at home at night if your company allow you to do so.

only manager level and above are compulsory to have their own transport because they need to attend business meeting with their client. usually senior associate and fresh entries will do their routine work without much concern on other stuff than manager.

This post has been edited by tankwek: Jul 14 2017, 12:18 AM
tankwek
post Jul 18 2017, 10:59 AM

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QUOTE(38kiakinjio @ Jul 18 2017, 12:50 AM)
Hi guys

I have graduated a few months ago from a foreign university in Malaysia with first class but I didn't involve in any CCAs. However, I did my internship with one of the local banks in internal audit department.

After I graduated, I take up ICAEW on my own as a independent student and have passed 2 professional level papers; leaving last 5 papers. I kind of regretting over my decision to take ICAEW as it restricts me in my job searching.

I would like to work in big firms like B4. However, I have been hesitating to apply as I don't think I will pass the interview as in my case I don't really have any experience or examples which demonstrate my leadership, interpersonal, presentation, problem-solving skills and etc.

I have been thinking to get a job at a mid tier firm first, in order to gain some working experience in external  auditing, would help me to get into B4.
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"take ICAEW as it restricts me in my job searching" this statement is not correct. ICAEW is one of the toughest qualified professional courses in accounting and you are able to pass 2 of it. This means that you got the potential to pass the remaining 5 paper as well. If you don't really have any experience or examples which demonstrate your soft skills, then just tell your interviewer the truth and promise will learn from time to time. Interview is not difficult as all, interview is a general communication between you and the interview to know each other well. Just communicate politely, that's all.

FYI, if you plan to move to B4 from mid tier firm, your coming interview will be different compare to fresh graduate as they expect you had already master all the audit skills that you SUPPOSE to learn during your mid tier firm. Tons of technical questions will be ask during your coming interview. Besides, your working experience to apply for Big4 position will also need to DOUBLE up. This mean if the application for manager level of Big4 require 5 years of working experience, then basically you have to work for around 10 years+- in mid tier firm to apply for the job. rolleyes.gif rolleyes.gif rolleyes.gif
tankwek
post Oct 1 2017, 08:49 PM

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QUOTE(Maggie95 @ Oct 1 2017, 11:34 AM)
I feel like those firms tend to avoid the risk of failing and also they want to stay on their budgets. If let say u alrdy hold ACCA, they dont need to fork out any of their money. Save cost! Haha! But I also heard of ppl joining without even meeting their degree requirements not sure whether that is through internal referral cuz it is always easier.
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Its the reverse. Big4 might not hiring someone who already having Acca or ICaew qualification (jz a portion). This is because the turnover rate is very high for those candidates. Those candidates will not have any contract or bond with company and this mean that if they can't handle the pressure, then they just quit easily.

However, for those without professional qualification, they ARE require to complete it and make contract with big4 in return of years of services. This mean that those candidate will be last longer than others and lessen the work of re-hiring.

This is why for permanent position, they are usually aim for the best of the best candidate so that even though they resign but they did provide excellent service to Big4. laugh.gif laugh.gif laugh.gif

This post has been edited by tankwek: Oct 1 2017, 08:50 PM
tankwek
post Oct 1 2017, 10:51 PM

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QUOTE(Maggie95 @ Oct 1 2017, 09:37 PM)
Ah I see I see!!! So money is nt the factor ah!! How come I do know those who straight away do icaew after spm/pre-u as independent student, they usually can secure an internship with big 4 and vry high chance to be recruited back for their permanent position as compared to degree holders. I always thought that is an advantage since their qualification is much more higher. Thr is vry stiff competition for degree holders to secure an interview with them. :/ !!
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of course. This is because those interns already know the culture of big4 well compare to others external candidate. Yes, it did have a advantage. a priority on interview vacancy position. But to actually get it, one still need to done well in interview and assessment la.
tankwek
post Oct 18 2017, 06:59 PM

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QUOTE(Sasuke95 @ Oct 18 2017, 02:45 PM)
I got a 4-months contract offer from 1 of the big4, is it worth going for it?
I understand I may get a full-time at the end but it is not guaranteed...
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mmmm. perhaps they are short of supply.
Can i know which big4 doing this ? Just curious so.

It is actually good for you because of the peak session.
Fresh graduate usually learn a lot in this session.
Beside u can understand the work culture in big4.

The cons will be you wont receive any employee benefit from company.
And you might be only auditing 1 or 2 company throughout this 4 month, so you wont get a full exposure on different industry.


The problem is can you tahan ? tongue.gif

This post has been edited by tankwek: Oct 18 2017, 07:00 PM
tankwek
post Oct 18 2017, 08:20 PM

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QUOTE(Sasuke95 @ Oct 18 2017, 08:03 PM)
yeah you're right, I wonder why they're not getting perma staffs? knowing their short of staff situation.

btw they're not getting perma staffs any time soon? at least until what month next year?
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reasonable. this is because most of the candidate just enter for their RESUME.
the turnover rate is very very high.
I can even judge ahead, that out of 100% of these contract candidate, more than 90 % will be refuse to prolong or accept the permanent position after their contract period.
The reason is very simple, they cannot withstand the work pressure.
I know this because I saw it with my own eyes.
The problem is not the big4, is the candidate itself.
nod.gif nod.gif nod.gif
tankwek
post Oct 25 2017, 05:10 PM

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QUOTE(Meowmeowee @ Oct 24 2017, 04:35 PM)
Just received email from kpmg, didn't get the offer hais
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Too many people apply for kpmg.
Unless you are very powerful in both academic and co-curriculum, if not it is EXTREMELY difficult to enter KPMG by direct applying.


tankwek
post Oct 25 2017, 08:32 PM

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QUOTE(Blacksheep3888 @ Oct 25 2017, 07:54 PM)
owh, i apply through a referral, with my result quite hard to get it tho.
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I believe referral did get more advantage than direct apply.
But the interview process is conducted by other manager, so it is really depend on luck, and the mood of the interviewer because your entire interview report is written down by him.
Never mind, you still got big3 to apply.
tankwek
post Oct 26 2017, 05:14 PM

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QUOTE(Sasuke95 @ Oct 25 2017, 11:33 PM)
I'm an acca affiliate now, but all my marks are less than 55.

I'm also a degree holder (commerce) with 3.30 cgpa.

In short although i officially hold both qualifications, the marks are not that amazing, look at acca, all barely passed, for my degree i got failed 2 subjects before, the ending cgpa just passed the big 4 threshold of 3.20.

Do u think my chances are slim as well? Since u said the results need to be extremely strong.

EDIT: Cocu not strong too
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it is very easy actually.
just ask yourself,  what if i take away all your accounting qualification. what can you offer or contribute to us without those qualification?

as long as you can answer it very well, then basically you shouldn't have a problem in your interview process

marks doesn't really mean a lot. some of my friend purposely score all paper just above the passing line and they still get the job. but their control of language and cocuriculum is very strong. In big4, only PwC will focus on your marks, if you are medalist holder, you got your seat reserved at their office.

This post has been edited by tankwek: Oct 26 2017, 05:30 PM
tankwek
post Oct 26 2017, 05:26 PM

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deleted

This post has been edited by tankwek: Oct 26 2017, 05:27 PM
tankwek
post Nov 4 2017, 02:47 PM

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QUOTE(Sasuke95 @ Nov 4 2017, 01:04 PM)
The phone and f2f interview for ey are so stressful and invasive.

It is not easy to finish all acca papers, as well as getting a 2nd upper in degree, i failed just once in acca and twice in degree.

Yet all their questions revolving around why I failed.
How am I supposed to know? The important thing is that I made it at the end despite the rocky path of my studying life.

It is like asking "why you're a boy?", I just answered vaguely saying I have personal problems that time, and they want me to disclose. They also want me to disclose what offers do I have currently, dig very deep.

At the end got rejected, more or less I know the outcome already as I don't really know how to answer the interview questions. Just wondering don't they need people for the peak period? Have to be really picky to choose?
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U mean the interview for 4 month contract ?
tankwek
post Nov 4 2017, 10:53 PM

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QUOTE(YerinPark @ Nov 4 2017, 09:47 PM)
Just because they need people, doesn't mean they will simply hire. FYI, they have TONS of other applicants and I just saw November's new intake (Wednestday 1st Nov) and ofc they will choose someone who exhibits positivity vs someone who ( I don't want to be judge but it comes off as being very vague, avoiding questions, etc)

If you couldn't read between the lines and understand that the interviewers wanted to see and understand more on how you overcame your failures/difficulties, then you should really understand how behavioral interviews work, as I recall most fresh grad interviews are behavior based vs experienced hire interviews which involves more knowledge/technical.

I guess its a good learning experience in terms of interviews, the more interviews you go for, the more familiar and comfortable you can get.

You can be really smart but have negative attitude, fact is you won't be hired unless you have a really niche skill which is urgently needed and you can have mediocre results but good attitude/good co-curricular activities, you can find yourself receiving the offer letter.

Just my thoughts, feel free to correct me if the interviewer was rude/etc and or my understanding was wrong.  thumbup.gif
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very nice and i agree much with your statement.
My EX manager love to tell us about the interview he conducted with new fresh graduate.
He say most of the time, the graduate keep emphasized that he/she had finished ACCA, get 1st class honours, oversea graduated... blablabla, which is keep focusing the academic qualification.
Then my manager questioned them: I give you 5 minutes now. Tell me what you have when I take away your accounting qualification. The graduate then will have a hard time to answer.

Last time when i still serve for big4, there was a senior associate. He doesn't have a good degree, ACCA not yet completed, and yet the manager and partner like him very much due to his passion and willingness to try and he get the highest bonus pay compare to other senior associate. He left big4 after serving for years and enter commercial line as manager due to personal reason.

Attitude DETERMINE.

This post has been edited by tankwek: Nov 4 2017, 11:07 PM
tankwek
post Nov 4 2017, 11:07 PM

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QUOTE(Sasuke95 @ Nov 4 2017, 10:20 PM)
For a second thought i could've answered how i overcome the failures, it was actually a good interview question, just that at that time i was feeling offended being asked directly like that. Cuz i know it is not easy to complete those qualifications and yet u focus on my failures.
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My advise, dont too focus on academic qualification. Nowadays ACCA affiliates are all over the place. Dont tell us you have a hard time completing ACCA. This is nonsense. You say you got problem and that's why you fail, this also give a reason for big4 to reject you because of the same problem. The market outside still got a lot of people waiting for the list, 99% of the ACCA student in Sunway university achieved 100% pass rate for all paper. If big4 really concern about the qualification, outsiders don't even stand a chance.
tankwek
post Nov 14 2017, 10:02 AM

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QUOTE(kanikani @ Nov 14 2017, 08:40 AM)
thank you so much! guess i’ll be busy the next few days doing my research then

another question to ask - with big companies like the big4, is am i suppose to nego my salary even at entry level? (if i’m asked during interview)?

for some reason i thought i wouldnt need to since i’m just a fresh grad/entry level but a few friends brought it up when we had dinner yesterdy. they were always asked by the managers during the knterview (they applied to banks) but i havent heard anything bout the big4. maybe it’s at the contract offer stage? or is it non-nego?

someone suggested to throw a higher rate out (lets say 3k if you wanted 2.8k) since they would lower whatever you suggested anyway. i was told that the current rate is min 2.8-3 for entry level at big4. any suggestions on how to go anout this if i’m asked during interview? i honestly dont mind 2.8k just that if you can nego for higher why not?
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non-negotiable. Because they pay the top graduate within this range, unless you possess something extraordinary. icon_idea.gif

KPMG and EY pay above 3k. (inclusive allowance
Delotie pay around 3k. (inclusive allowance
Pwc 2.8k +150 allowace

#provided that you passed one of the professional qualifications. if not, no extra allowance for you.

tankwek
post Nov 21 2017, 05:42 PM

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QUOTE(Dnk5 @ Nov 21 2017, 05:33 PM)
Hey guys .. I did read all the posts here and got a rough idea on how the process works but yet I still want to hear your 2cents on my situation.
I applied to all big 4 on 1/2 nov for tax position. 2 weeks later I called all and checked with them and only kpmg replied requesting me to take the online assessment which I failed and requested me to do again. The other 3 have been silent and it’s been the 3rd week since I applied. I did call them and I’ve been told the person in charge will call and this is been going on. I totally understand that it’s extremely busy period for hiring.
Should I assume I’ve failed in my applications? I’m highly interested in tax area. I’m a law graduate with second lower class.i worked in bdo for a year for tax.
Do I stand a chance for big 4 (particularly pwc)
Thanks for your replies and sorry for the long post!
-Desperate y generation-
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Your timing is not good.
The intake for this year already ended.
Guess you have to wait until next year before they reply to you.
tankwek
post Mar 31 2018, 03:33 PM

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QUOTE(tommy1212 @ Mar 30 2018, 12:40 PM)
Guys, is there any intake session for all Big 4 between May- July?
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intake session is open for all year as they are constantly lack of staff
Just depend on how many person they wan to recruit.

Maybe 4 or 5 ppl during non-peak and tons of ppl before peak.
tankwek
post Jul 31 2018, 07:52 PM

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PwC Audit dont have AM this position anymore starting this year. they replace it with 1 more Senior level grade.

This post has been edited by tankwek: Jul 31 2018, 07:53 PM
tankwek
post Aug 25 2018, 06:26 PM

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QUOTE(SmallPenguin @ Aug 24 2018, 05:45 PM)
Waaa so huge difference

Lets say for me personally
I sent the application like 5 weeks ago
After 4weeks, I called and they said will check and send me an email later(actually this monday)
How long should i wait and call them again.
I know my chance of getting the internship is merely zero now:/
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No worries. Just the timing is not that good.
September to December actually is really not that peak.
Hence, pretty obvious that they wont need that much of ppl.
Not sure nowadays how the policy, but last time i remember the next intake after September is december.
If u apply in January, your application will be replied within days. laugh.gif

This post has been edited by tankwek: Aug 25 2018, 06:27 PM
tankwek
post Aug 29 2018, 08:15 PM

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QUOTE(Topace111 @ Aug 25 2018, 06:58 PM)
I thought normally recruitment is heavy in 4th quarter as the staff got time to train the juniors. Somemore there is a lot of stocktake in Nov / dec that needs a lot of manpower. A lot of people also may tender before peak period (post December).
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True.
Normally the trend is resign during December. Thats why HR will need to recruit quite amount of new intake during december to replenish the manpower (mostly to cover stocktake).
Train the juniors ? cool2.gif not really. Most of the time is : please refer to last year file rclxms.gif

This post has been edited by tankwek: Aug 29 2018, 08:15 PM
tankwek
post Sep 13 2020, 11:25 PM

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QUOTE(forever14yay @ Sep 12 2020, 11:32 AM)
Hi everyone, currently I'm an audit intern in a mid firm. To be honest, I don't have much interest in audit. I choose audit because many people said that audit can learn more things.

Now the thing is, I will definitely switch to commercial in future. So now I am wondering my career pathway after my internship. I have two options and everyone can give me advice on the options:

1. After internship, work as audit associate for 2 years, then switch to commercial / MNC

2. After internship, straight away apply for MNC / commercial

Thanks in advance.
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Personal Opinion : I always told my Juniors. If possible, stay until you get promoted to become a senior and go through AT LEAST one peak season.
Honestly speaking you will not learn much during associate level ( 1-2 years ) because you will not in charge of significant/complex accounting treatment (most of the time and mostly blindly follow instruction from Senior).

How are you going to tell your future company that you have solve/overcome your difficulties in your role if you are just an associate ?

Ok back to your question, to maximize your career progression, i will suggest you to pick :

Option 1 if you can stay until senior rank like i mentioned above

OR

Option 2 if you think you will left before promoted to senior (Key point here is senior rank, not number of years served) because is pretty much pointless and your insufficient experience in audit sometime might drag you down in your next career. (Few of my junior get assign to deal with auditors after they leave big4 and join commercial company. Imagine if you don't understand the flow of audit and explanation of auditors and your boss is staring at you. icon_question.gif icon_question.gif icon_question.gif


Again, this is just a kind advise for your reference.

Good luck ~ biggrin.gif biggrin.gif biggrin.gif

This post has been edited by tankwek: Sep 13 2020, 11:26 PM

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