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re: Accounting, Grad school vs. 150 hours in undergrad

Posted on 11/21/18 at 11:55 am to
Posted by Rendevoustavern
Member since May 2018
1557 posts
Posted on 11/21/18 at 11:55 am to
Look into programs that have a crash course for the CPA. My dad did it at Alabama, couple friends at OU, and Texas. Essentially a 3-month summer course post-grad. The courses count to your 150 and you take the CPA at the end of the program. You've already lined up Big 4 (PwC > other 3), get your $10k bonus for CPA from Big 4, and you're set.

I did not go this route...it was much harder to study and work at the same time for the CPA while in Big 4.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 11/21/18 at 11:58 am to
quote:

You've already lined up Big 4 (PwC > other 3),


This is highly dependent on region and service line. I don't think that blanket statement is very accurate.

quote:

get your $10k bonus for CPA from Big 4,


I know people that work for each of the Big 4 and the bonus is not 10k.

quote:

I did not go this route...it was much harder to study and work at the same time for the CPA while in Big 4.


I took three while working Big 4, it's certainly possible.
This post was edited on 11/21/18 at 11:59 am
Posted by lynxcat
Member since Jan 2008
24188 posts
Posted on 11/21/18 at 12:02 pm to
PwC takes an extra year to get promoted to Senior. It’s crazy why someone would turn down the other three to sign up for that. PwC requires three years to get to senior while the others promote at 2. Given this is when most leave public accounting, it’s a strange phenomenon.

You can’t make blanket statements about which is better or worse and it’s highly local market dependent. Generally, PwC and Deloitte are considered tier 1 and KPMG and EY are tier 2 of the B4 but that’s driven by size more than anything. At the end of the day, the firms do the same stuff and each is a strong brand in the resume. Work for the firm that you click the most with the local employees and has clients in industries that interest you.
This post was edited on 11/21/18 at 12:03 pm
Posted by MStant1
Houston, TX
Member since Sep 2010
4529 posts
Posted on 11/22/18 at 1:23 am to
Outside of the Big 4 bubble, all 4 are viewed virtually the same. All 4 recruit the same kids from college, recruit for the same type of skills, and all 4 are made up of former employees of the other 4. Where differences can arise are by region, market, and service line; however, even then those differences are probably viewed as more distinct by those within the Big 4 than those outside of it.

The real differences are between the Big 4 and the rest of the professional services companies (e.g., GT, Crowe, etc).
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