Difference in Big 4 and small audit firm - Part 2

[astroboy37]

hi, just want to ask whether the hiring process for seniors in the big 4 firms are already done?

still hiring. got referral program w incentive

 

[theholidayfarm]

Hi pencil2012!

That's right! It's an audit position. However, I heard PwC job conversion rate (from intern to perm staff) is lower. though quite alot of people I spoke to told me PwC is much more prestigious! I would prefer PwC personally. )

Assuming its audit position you've been offered, I would choose pwc. But then, I'm in the firm so my opinion is biased.

Anyway, both will offer you a full time position upon completion, so this isnt really a factor you should consider.

 

[milkcup]

Hi pencil2012!

That's right! It's an audit position. However, I heard PwC job conversion rate (from intern to perm staff) is lower. though quite alot of people I spoke to told me PwC is much more prestigious! I would prefer PwC personally. )

I feel Pwc is better as well. Go for it.

 

[milkcup]

Which of them has the largest clientele in financial services? KP or Pwc?

 

[Milo-Dino]

Which of them has the largest clientele in financial services? KP or Pwc?

KP...............

 

[milkcup]

KP...............

Means KP has a bigger FS team compared to the others?

 

[pencil2012]

KP...............

I think its KP too, but arent banks supposed to rotate auditors after every few years? Is it a US requirement or local requirement?

 

[pencil2012]

Hi pencil2012!

That's right! It's an audit position. However, I heard PwC job conversion rate (from intern to perm staff) is lower. though quite alot of people I spoke to told me PwC is much more prestigious! I would prefer PwC personally. )

It should be fine, if you are from a local university. So far, I only know 1 confirmed case from my intern batch who didnt get offered. No one knows why too. Dunno whether its an oversight by HR.

If you do want to get a full time position in pwc, I would say do the internship. PwC is hiring fewer A1s. There are only 4 batches this year, and quite a number of them are interns. Competition for the remaining places for non interns is quite stiff.

 

[astroboy37]

I think its KP too, but arent banks supposed to rotate auditors after every few years? Is it a US requirement or local requirement?

they lax the rules. just need to change engagement partner, don't need switch firm.

 

[Milo-Dino]

they lax the rules. just need to change engagement partner, don't need switch firm.

no la...

for SGX listed companies, change partner is enough

but for FS institutions, still need to change firms. But usually is just pass away then 5 years later get it back. Still, at anyone time, KP will have the most.

 

[theholidayfarm]

no la...

for SGX listed companies, change partner is enough

but for FS institutions, still need to change firms. But usually is just pass away then 5 years later get it back. Still, at anyone time, KP will have the most.

Wah u guys are really so knowledgeable. It would be beneficial for us to keep reading haha' thanks for sharing!

 

[theholidayfarm]

It should be fine, if you are from a local university. So far, I only know 1 confirmed case from my intern batch who didnt get offered. No one knows why too. Dunno whether its an oversight by HR.

If you do want to get a full time position in pwc, I would say do the internship. PwC is hiring fewer A1s. There are only 4 batches this year, and quite a number of them are interns. Competition for the remaining places for non interns is quite stiff.

Thanks for your info! I will work hard at PwC then and aim to get converted! Hope to learn as much as I can during those 2 mths so excited and can't wait to get started already man.

 

[pencil2012]

Thanks for your info! I will work hard at PwC then and aim to get converted! Hope to learn as much as I can during those 2 mths so excited and can't wait to get started already man.

Winter internship? When's yr start date? With the severe shortage of A1s this year, you will prob get to do quite a bit of actual work.

Anyway, welcome to the firm in advance. Have fun!

 

[theholidayfarm]

Winter internship? When's yr start date? With the severe shortage of A1s this year, you will prob get to do quite a bit of actual work.

Anyway, welcome to the firm in advance. Have fun!

Yup! Winter intern. It will start on 10 dec. I can't wait to start in fact! Nevermind bout the heavy workload or OT! So long as I get to learn new things and apply whatever we learnt. I believe there should be quite alot of interesting things to see out there!

 

[pencil2012]

Yup! Winter intern. It will start on 10 dec. I can't wait to start in fact! Nevermind bout the heavy workload or OT! So long as I get to learn new things and apply whatever we learnt. I believe there should be quite alot of interesting things to see out there!

oh, then you will make it in time to join us for pre-peak bash!

Nah, unlikely that you'll OT. Seniors will push you to go home at 530pm.

 

[yiggiepoo]

Hi seniors, need some guidance here.

I just got into my very first full time job less than 2 months at a small audit firm, and today I received an email from deloitte saying I got selected for their audit internship, which will be starting on mid Dec and last for about 4 months. Anyway, I will be sitting for my last acca paper this coming Dec and hopefully seeing a pass next feb.

Wanna seek for opinions on the following questions before reverting back to the HR by this Friday.

1.What are the chances of getting converted to Full time upon completion of internship.

2. For most of you in this forum, will u actually take the risk and quit your current job and join the internship at Deloitte ?

Thanks everyone in advance for their valuable input.

 

[Milo-Dino]

Hi seniors, need some guidance here.

I just got into my very first full time job less than 2 months at a small audit firm, and today I received an email from deloitte saying I got selected for their audit internship, which will be starting on mid Dec and last for about 4 months. Anyway, I will be sitting for my last acca paper this coming Dec and hopefully seeing a pass next feb.

Wanna seek for opinions on the following questions before reverting back to the HR by this Friday.

1.What are the chances of getting converted to Full time upon completion of internship.

2. For most of you in this forum, will u actually take the risk and quit your current job and join the internship at Deloitte ?

Thanks everyone in advance for their valuable input.

1) should be 80-90% chance of conversion.

2) if finances are not a concern for the next 6months, taking the risk might be a good option

 

[ryudox]

Hi, anyone in Ernst & Young IT Risk and Assurance?

 

[theholidayfarm]

oh, then you will make it in time to join us for pre-peak bash!

Nah, unlikely that you'll OT. Seniors will push you to go home at 530pm.

wow the bash definitely sounds fun!

the seniors here are so nice! haha peak period still can push us to go home early. but i guess i will still offer help if they need do you knw roughly whn is the peak period? dec till jan?

 

[nana91]

Hi Folks! Really need some help here >.<

I'm currently a final year student at NBS Accounting, graduating next May. As I'm currently on exchange overseas, I got an interview with PwC during their early application graduate recruitment. But recently, I got their rejection email. It's been my dream to work at PwC and I was so disappointed when I got their rejection.

I heard that some firms will recruit again in Jan 2013. How true is this?
I also do not have the chance to apply for winter internship with big 4 since I am overseas now

Is this the end of my big 4 career? T.T
If I applied for summer internship 2013, do you think they will offer me a job after I end my internship? or should i just start hunting for a job elsewhere?