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re: Big 4 Consulting
Posted on 4/15/15 at 9:24 am to Porker Face
Posted on 4/15/15 at 9:24 am to Porker Face
It is very easy to get a job at one of the big 4 going through the CIA program at LSU. You will start off in their risk advisory (internal Audit) groups, but it is very easy to switch to another group within their consulting departments. I have seen numerous people do it.
1
Posted on 4/18/15 at 10:52 pm to Poodlebrain
quote:
Consulting at the Big 4 is limited due to their audit practices. Consulting projects for audit clients can create conflicts of interest, or the appearance of conflicts. You might want to consider one of the consulting businesses that were spun off from the big accounting firms (there used to be more than 4) instead of the scaled back consulting practices retained by the Big 4.
Um going to have to highly disagree with you. It is true that consulting or advisory engagements are limited with audit clients. Which is why we work with the hundreds of other large clients who are not our audit clients. The advisory business for my company was $6.5B last fiscal year. I'd hardly call that limited (that's more than both Bain and BCG's global revenues). Not to mention that the advisory and consulting practices of the big 4 are the fastest growing for each company.
Posted on 4/19/15 at 7:59 am to MStant1
Looks like you guys have this one covered 
Posted on 4/19/15 at 9:41 am to lynxcat
All good advice here. With an engineering background, you would be a desirable MBA candidate and could get into business consulting from there.
Posted on 4/19/15 at 9:42 am to GeauxPack81
quote:
It is very easy to get a job at one of the big 4 going through the CIA program at LSU. You will start off in their risk advisory (internal Audit) groups, but it is very easy to switch to another group within their consulting departments. I have seen numerous people do it.
*raises hand*
Posted on 4/19/15 at 6:19 pm to barry
quote:That sounds pretty interesting. What kind of consulting projects do you focus on?
now I'm a management consultant specializing in O&G
Posted on 4/20/15 at 9:31 am to Bayou Tiger
quote:
What kind of consulting projects do you focus on?
We do a variety of operations related projects: Process improvement, asset managmenet, supply chain improvement, merger integration, M&A operational due dillegence, etc.
Posted on 4/22/15 at 7:23 pm to Tigerbait46
Thanks yall, I really do appreciate it. This world is so outside the realm I have been preparing to enter all through college...which is why it interests me
Posted on 4/22/15 at 9:01 pm to Porker Face
I actually know a dude who went from audit to consulting at Deloitte. And it was to the legit strategy & operations group, not advisory or whatever. Super rare but can be done.
Posted on 4/22/15 at 9:03 pm to Jawja_Joe
quote:
become partner at big 4...then take a cfo gig with one of your clients
If you're going to practically kill yourself to make partner at one of the Big 4, why in the world would you quit to do something else after reaching the pinnacle of your profession? Posted on 4/22/15 at 9:06 pm to Jabstep
quote:
quote:
If you're going to practically kill yourself to make partner at one of the Big 4, why in the world would you quit to do something else after reaching the pinnacle of your profession?
Uhhh more money? It happens all the time.
Posted on 4/22/15 at 9:12 pm to Samso
I was always under the impression that if you aspired to reach that level in public accounting, you intended on making it a career rather than a stepping stone. I completely understand leaving for a fortune 500 CFO position but is that option readily available? Most of those partners have to be making 400-500k.
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