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 Big 4 Recruitment Drive_v3

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zz287963
post Oct 28 2022, 09:43 AM

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QUOTE(Apek Wong @ Oct 23 2022, 10:01 PM)
Ohh... Actually, I got financial service audit offer in one of the big 4 (Nov start to work). I had my internship in a small audit firm (main engagement industries I worked last time: construction, property, manufacturing) previously for 6 months, and after internship the small audit firm welcomes me to go back there to work when I had done with my accounting degree.

As for the part of that previous I am asking about the worst scenario of the probation, in fact, I wonder how the worst-case scenario is, anyhow I still know all people will work for the level best lah... ahahahahahah... (*P/S: I rarely heard of this situation, so I might as well ask in this forum).
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I see, some may find working in FS is not their preference as the exit opportunities might seem narrower (jump to banks for instance) but it all depends on individuals. Good luck and enjoy!
macystar
post Nov 6 2022, 08:57 AM

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hi all want to ask all sifu, i am from commercial line. 8yrs experience(Fix asset/Inventory) doing CPA next year finish. Currently want to go to public doing audit. Want to know if i go into Big4 public will i start from associate and my pay will be same as fresh grad due to no public experience or they will mark up abit because of my experience ? Also if my pay will be higher if i finish CPA(Already finish the experience)
Apek Wong P
post Nov 27 2022, 01:37 PM

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Hi everyone, may I know is it okay if say i work for like within 6 months to 1 year* in one of the big 4, and then I quit audit of big 4 to complete the rest of like remaining 2 papers of my ACCA (study gap, but maybe work on part time Grab/Foodpanda/Lalamove, or Promoter or Online Shopping business), then continue work in commercial after another 6 months - 1 year? My current job is my first job in audit after graduation from university, excluding my previous 6 months experience as Audit Intern (mandatory internship sem in Accounting Degree) in a small audit firm.

Th reason I planned for this is because I wish to have more time on finishing the remaining papers and i found that working in audit while studying is challenging, especially the peak period in Jan-April period... Besides, I am also not that into auditing, I more prefer normal account reporting in commercial.

Tq...
zz287963
post Nov 27 2022, 10:37 PM

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QUOTE(Apek Wong @ Nov 27 2022, 01:37 PM)
Hi everyone, may I know is it okay if say i work for like within 6 months to 1 year* in one of the big 4, and then I quit audit of big 4 to complete the rest of like remaining 2 papers of my ACCA (study gap, but maybe work on part time Grab/Foodpanda/Lalamove, or Promoter or Online Shopping business), then continue work in commercial after another 6 months - 1 year? My current job is my first job in audit after graduation from university, excluding my previous 6 months experience as Audit Intern (mandatory internship sem in Accounting Degree) in a small audit firm.

Th reason I planned for this is because I wish to have more time on finishing the remaining papers and i found that working in audit while studying is challenging, especially the peak period in Jan-April period... Besides, I am also not that into auditing, I more prefer normal account reporting in commercial.

Tq...
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Working in commercial after another 6 months - 1 year after the exam? Or right after your exam? You could do so but expect to start from entry level as I think the 6months - 1 year experience as external auditor doesn't really taken into account, think you would have much more bargaining power if it's a two years experience instead of just one. Then, expect to explain about your reasons for having that window between jobs.
nasibabel
post Dec 1 2022, 10:36 PM

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Hi im still studying my ACCA with 2 paper to go but am thinking of applying for big 4 as i am having trouble passing the last 2 papers. Does anybody know if failing papers more than once will affect my chance of getting an offer or is it still possible for me to get a job at big 4.
SUSForgotPassword
post Dec 3 2022, 12:20 PM

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QUOTE(nasibabel @ Dec 1 2022, 10:36 PM)
Hi im still studying my ACCA with 2 paper to go but am thinking of applying for big 4 as i am having trouble passing the last 2 papers. Does anybody know if failing papers more than once will affect my chance of getting an offer or is it still possible for me to get a job at big 4.
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Even failing once already affect.
Apek Wong P
post Dec 3 2022, 10:14 PM

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QUOTE(zz287963 @ Nov 27 2022, 10:37 PM)
Working in commercial after another 6 months - 1 year after the exam? Or right after your exam? You could do so but expect to start from entry level as I think the 6months - 1 year experience as external auditor doesn't really taken into account, think you would have much more bargaining power if it's a two years experience instead of just one. Then, expect to explain about your reasons for having that window between jobs.
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Oh I see... Previously I was meaning like After say 1 year of working in a big 4 audit (Now I am working in a big 4), then I take 6 months to 1 year study gap to complete remaining papers, and then followed that the rest of the life in any of the commercial to do normal accounts job.

Yeah, I've been told by many that it is better to stay more than 1 year or even 2 years to have the bargaining power for jump shipping to Commercial.
Osho
post Dec 16 2022, 08:43 PM

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I have 4 ACCA papers left and I gave up (Used to have 2 ACCA papers left but 2 passed papers got expired).

I tried apply for big 4 with my current qualification (ACCA Advanced Diploma) and can't get any interviews (only phone interviews)

I'm thinking of getting an MBA and using it as a qualification to get into Big 4. Is that possible?
zz287963
post Dec 18 2022, 01:07 AM

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QUOTE(Osho @ Dec 16 2022, 08:43 PM)
I have 4 ACCA papers left and I gave up (Used to have 2 ACCA papers left but 2 passed papers got expired).

I tried apply for big 4 with my current qualification (ACCA Advanced Diploma) and can't get any interviews (only phone interviews)

I'm thinking of getting an MBA and using it as a qualification to get into Big 4. Is that possible?
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What's your highest qualification so far? Is it the ACCA Advanced Diploma? Do you hold any degree? I am not 100% sure of this but I think from Big 4 perspective, it is either you have degree + pursuing / completed professional qualification; or completed professional qualification holder to be considered. If you have attempted the final papers left and is pending result, you might get a chance for interview and even conditional offer. If it is just ACCA Advanced Diploma (no Bachelor Degree) - which means you are not truly an ACCA holder (?), I think high chance you do not meet minimum requirement. And now considered that your passed paper has expired, which means you need to complete the all 4 papers to be qualified as ACCA holder. So your status now I think is not ACCA holder?

Does MBA helps? It might, depends on the university you went on to complete the MBA + role you apply to. For Audit, I wonder if MBA would actually helps.

Nevertheless, you may find the program in PwC like the Earn While You Learn, which means you could work full time + continue to pursue remaining ACCA, but for sure the salary would be lower and not as standard pay a fresh grad is getting.
searcher1106
post Dec 21 2022, 10:37 AM

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QUOTE(Osho @ Dec 16 2022, 08:43 PM)
I have 4 ACCA papers left and I gave up (Used to have 2 ACCA papers left but 2 passed papers got expired).

I tried apply for big 4 with my current qualification (ACCA Advanced Diploma) and can't get any interviews (only phone interviews)

I'm thinking of getting an MBA and using it as a qualification to get into Big 4. Is that possible?
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From my own perspective, MBA is not relevant for the audit/tax/advisory role in Big 4.
Big 4 do take in ACCA affiliate / degree holder, some even take in non-accounting graduate, such as PwC KL.
Even you would be able to join Big 4, it's usually the case that your peers will continue to pursue professional qualification, such as ACCA/CPA Australia/ICAEW.
If you spend time on the exam techniques in answering ACCA questions, it is not difficult to get 50 marks though.
Anyway, wish you luck to get into Big 4.

SUSKopistore
post Dec 22 2022, 08:19 AM

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Still got 5 figure salary ?
zz287963
post Dec 22 2022, 07:37 PM

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QUOTE(Kopistore @ Dec 22 2022, 08:19 AM)
Still got 5 figure salary ?
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Since when big 4 got 5 figure salary tongue.gif

Unless SM and above (not sure about M)
SUSKopistore
post Dec 23 2022, 06:35 AM

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QUOTE(zz287963 @ Dec 22 2022, 07:37 PM)
Since when big 4 got 5 figure salary  tongue.gif

Unless SM and above (not sure about M)
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Ya. Correct also. Maybe only in Sinki can have. Definitely not in Bolehland
Mavik
post Dec 23 2022, 09:39 AM

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QUOTE(Kopistore @ Dec 22 2022, 08:19 AM)
Still got 5 figure salary ?
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Yup, manager RM9-RM14k
Senior Manager - RM15k to RM25k
iammasivers
post Dec 23 2022, 11:16 AM

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How much is the salary for fresh grads nowadays? The last time I was in B4 there it was 3.2k
zz287963
post Dec 23 2022, 10:47 PM

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QUOTE(iammasivers @ Dec 23 2022, 11:16 AM)
How much is the salary for fresh grads nowadays? The last time I was in B4 there it was 3.2k
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AFAIK, think all offer min 4k starting next year. Only starting next year, 2020 - 2022 first half, think still same as what it was 10 years back..
iammasivers
post Dec 24 2022, 01:24 AM

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QUOTE(zz287963 @ Dec 23 2022, 10:47 PM)
AFAIK, think all offer min 4k starting next year. Only starting next year, 2020 - 2022 first half, think still same as what it was 10 years back..
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damn 4k for fresh grads.. but it's been long overdue tho.. back then just earn 3k+.. working till wee hours.. constant travelling and commuting.. being put on shitty engagements with shitty clients..
SUSKopistore
post Dec 24 2022, 05:48 AM

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QUOTE(Mavik @ Dec 23 2022, 09:39 AM)
Yup, manager RM9-RM14k
Senior Manager - RM15k to RM25k
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Wow. Can buy 2 or 3 houses with that salary liao. But vacancies are very limited right. Maybe only few positions.
Mavik
post Dec 24 2022, 10:32 AM

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QUOTE(Kopistore @ Dec 24 2022, 05:48 AM)
Wow. Can buy 2 or 3  houses with that salary liao. But vacancies are very limited right. Maybe only few positions.
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Not if you are living in KlangValley. You definitely can't afford multiple mortgages with that salary alone.
Apek Wong P
post Dec 24 2022, 10:24 PM

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QUOTE(zz287963 @ Dec 23 2022, 10:47 PM)
AFAIK, think all offer min 4k starting next year. Only starting next year, 2020 - 2022 first half, think still same as what it was 10 years back..
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Yeap... I heard from PwC and EY there are about RM4,050 for fresh grad. While KPMG is like around RM4,200 or RM4,350 (Previously KPMG is RM3,650 for fresh grad, and RM3,800 for Fresh Grad who got ACCA Affiliate status - Passed all 4 papers already). The salary increment is effective by Jan 2023 for both KPMG and PwC, while EY already effective since Oct 2022.

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