What Now? That means nice pants and nice button down top. help Reddit App Reddit coins Reddit premium Reddit gifts Communities Top Posts. My reviews were above average, teams liked working with me, there just was not enough work to go around. Here's a KPMG insider on this offering: “KPMG offers competitive salaries, great benefits, and a number of perks. You can always start at a mid tier firm and then make the jump to Big 4 as an experienced hire. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Hello, I received an offer at one of the Big 4 (US - Advisory) but my offer didn't include a signing bonus. After 2 miserable years, I'm done with the BS. 5. If you have time/know anything about this, would you mind helping me with some questions? I interviewed with the rest of the Big 4, was completely honest with them (not a good culture/fit, etc) and didn't get second interviews with any of them. Do you know why you didn't get offered? Note: painting it in a … Cookies help us deliver our Services. Funny because I put in 4 weeks to give time to replace me before busy season and my managers actively burned the bridges for me over the last month. Top 5 Do's and DON'TS of your Big 4 Internship Published on May 30, 2016 May 30, 2016 • 101 Likes • 3 Comments Just because you didn't get in to Big 4 does not mean you should feel defeated. I am planning on asking for a higher compensation this time, how likely is it that they’ll agree? There is more growth potential in private when switching at this time because of more project management experience in Big 4. I think it's funny how everyone told me to put in my 2-4 weeks to make the transition smooth and not burn bridges. It was supposed to be a sure thing, right? They might not be lying exactly, but they estimate their bonus and quantify benefits that weren’t actually paid. How should I explain this in future interviews and things? The pay itself is already six figures and I was just taken aback. Did you ask for feedback throughout the process? Not a good idea. The program I was in is called the Deloitte Discovery Internship. Whilst the Big 4 are still Limited Liability Partnerships, they are much closer to a corporate than any of the Mid Tier firms, including those at the top of the Mid Tier – BDO, Grant Thornton (GT), or Baker Tilly. Just received an offer from a big 4 coming in as a consultant. If you are trying to decide between a summer or winter internship with a big 4 (KPMG, Deloitte, Pwc, or E&Y) or public accounting firm, there are a few things you need to consider. :). 2 years ago The kid said "no investment banking pay, no investment banking hours" and then left at 4pm every day during a busy season internship. When I interned in industry, they paid the same as the Big4 internships in the area and threw in a $1,000/month housing allowance because I had to move out there for the summer. Which of the “Big 4” accounting firms is right for you? Considering COVID-19 and the fact that nobody is getting any raise, my chances seem pretty slim. :). Average Interview. If you have the time, I have edited my initial post with a couple of questions. I too was an employee referral and received an offer the same day I had my in-person interview. Hey, I worded my original post really poorly. The most important step. As in, will other firms automatically rule me out when they see that the firm I interned at didn't want me? No Offer. I hope so, haha. There are two or three finance firms that I would have said yes to had they given me an extension on my offer. Pictures, comments, hell we'd even take your extras but none of you have bothered to email me to get my addy. Even if it doesn’t lead to a job offer, an internship is the best way to start your career while you’re still in college. By using our Services or clicking I agree, you agree to our use of cookies. New comments cannot be posted and votes cannot be cast. A former KMPG intern said that, while the in-semester internship was a bear, it provided more hands-on work experience and the ability to make closer connections with current employees. Or better stated, which of the Big Four firms will pay you the highest salary!?. If you're anything like me, not getting that offer has really ruined your confidence. My questions are the following: What exactly does at-will employment entail? I got an interview at Deloitte with a 2.8 gpa. Hi! I'll be interning this summer with a large international firm who I got along with really well during the interview process. If you’re dead set on big 4 or bust, it definitely looks better than working as a lifeguard and really doesn’t matter for an internship. I asked a partner (who hired me) out for a coffee, he agreed, then changed his mind. Somewhat demoralized. EDIT I definitely did not word this post very well. That's exactly what I was thinking… a 3.47 gpa isn't low at all, even for the big 4. Glassdoor compiled its ranking by using salary reviews reported by interns between March 1, 2018 and Feb. 28, 2019. I was an International Assignment Services intern who did not get a full time offer following my internship. (But he went to coffee with other interns and associates) I was totally fine with it at the beginning since this is not a big deal. There's generally less spots available and less full time offers, but one offer is … DO’s and Don’ts for Your Big 4 Internship The Do’s 1. I have one semester of school left. I graduated in 2020 and currently pursuing an "accelerated" mba that is only one year long. Now, if you screwed up during your internship (you know if you did) and that's why they didn't offer you a job, perhaps there is a way for you to paint that in a slightly better light. No Job Offer After Big 4 Internship. I didn't receive an offer, but they considered me as a candidate even with a 2.8. Do Wear Business Casual on Day 1. Getting past the interview is the most important part when it comes to the internship. Internships are a very common way of getting work experience and accounting students have many to choose from. Moreover, many excellent accounting internships are paid at entry-level graduate rates, with a Big Four internship paying as much as $24.80 per hour in 2009. I have one semester of school left. Do I leave the internship on my resume or will it be perceived as a negative that I was not made an offer? Internship Offers from Big 4 (Deloitte, PwC, E&Y) Hi everyone, I am currently a college student deciding on where to intern as an accountancy major who wants to specify in tax in the Chicago office. Full-time 2020 entry-level hires will have jobs at PwC. big 4 intern, no offer. Get on linkedin and connect with peers who have graduated, alumni from your school, or just people you don’t know but work at a firm you want to work for. I work at a Big 4 and I am one of those people with the low GPA (2.5 undergrad). After some interviews and interaction I got the job. – Leave after 3-7 years in Big 4 will land you VP/Director/Manager role in the same back office functions. I personally recommend a jacket with no … I have seen lateral hires inflating their salary numbers hoping to shoot for more in the Big 4. If you don't know, make the effort to reach out and ask for feedback now. What kinds of positions would ias tax experience look good for? Press J to jump to the feed. Is this not a legitimate question or something? This means there are generally more established processes and systems within Big 4 firms than in the Mid Tier. Should I do anything different in the recruiting process in light of this? Remember they were just gathering information; no offer had been made yet. If you have any knowledge of this, would you mind sharing with me? So I’ve done a couple of co-op terms at a Big4 ( 2x4 month internships). He told my performance manager leader (PML) that I did not respect his time because an intern supposes not to ask a partner out for coffee during busy season! As in, will other firms automatically rule me out when they see that the firm I interned at didn't want me? ... help Reddit App Reddit coins Reddit premium Reddit gifts. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. This happened to me last summer as well - my mentor was not a fan of me and seemingly innocent things that were overheard at office functions came up in my review (enthusiasm and attitude were also mentioned, as in your case). If you want to interview in industry, leave the experience on your resume. Positive Experience. Title kind of says it all. 4. level 2 As in, if I wanted to try a different aspect of accounting (not sure if I want to do tax anymore), or if I wanted to skip public accounting altogether and go into a financial leadership program, would it help? Updated answer to updated questions 1 - Yes (recruiters are risk averse, they hire from the "good schools", they hire based GPA, etc, they don't like going out on a limb), yes its bad, no they won't automatically rule you out, they'll probably ask in some round about way though.2 - Depends on how they ask, I would deflect the question as best I could, as in I wanted to explore other opportunities, they'll probably see through this but its better than bad mouthing your former employer, and its better than lying. Where do I go from here? And Big 4 employees certainly understand it (and take notice of it) as well. If you have any knowledge of this, would you mind sharing with me? How can this help me renege the offer and not face any legal repercussions? Congrats on the offer. 50-75K salary no bonus up to 5K. They tell you what you’re going to get paid and what your raises/bonuses are, there’s no negotiation. I was working with a 2.5 GPA in BBA – Management, and a 3.8 GPA in MS – Accounting. What's up? So I waited patiently for 4 weeks. I was offered internships at one of the Big 4, accepted a summer internship at a national top 10 public firm, and finally accepted full-time at a top 50 accounting … If you want to go to another Big 4, don't. There's a couple of questions that I had, and if the lovely people of r/accounting don't mind, I'd really appreciate answers. I'm coming in from a different country and am a little confused because I've heard others in different offices received one. THAT intern is the know-it-all intern or the Big 4 intern that comes to work late every single day and yet is the first to pack up at closing time. No tie, and a jacket is optional. This article is a breakdown of the Big 4 firms, the average starting salary range for each of them, and some additional factors that help determine the size of your starting accounting salary. Upon their successful completion of the internship, they will receive offers for 2021 Advance internships. It’s all extremely structured. Earlier this week, DWB put out an open call for accounting firm recruiting schwag. The position I applied for was for graduate students only so I applied. Looks like you're using new Reddit on an old browser. Best of luck man. The guide was written by former Big 4 leaders and recruiters to share the interview tactics they’ve seen work over the years. Offer Rescinded due to Incorrect Salary Information. Primarily for accountants and aspiring accountants to learn about and discuss their career choice. It is what it is. Most likely yo,u’ll want to come dressed in business casual. On top of that, there’s no salary negotiation at any level at the B4. Does it look bad to future recruiters when they see that I didn't get an offer from my internship? This blog encompasses almost everything I have seen, experienced and learned at my Deloitte summer internship. Press question mark to learn the rest of the keyboard shortcuts. Or how about the intern who sleeps on the job and is only awake to tell the team about his experience at a party he had the night before. I picked Chicago as my preferred city and Audit plus Tax as my service fields. I actually had a couple of questions. I actually had a couple of questions. Finally, I got a call saying that they would like to provide me with a 10-week internship in … We can't really answer your questions without that info. Overall solid process on their part. I’ve noticed a few “I’m supposed to do a summer internship for [insert Big 4 firm here], will Coronavirus affect my offer?” posts on Reddit lately so I figured we should probably address the issue. 3.Should I do anything different in the recruiting process in light of this? Apply for industry internships. They asked mostly behavioral questions, and why I wanted this specific internship. In fact, I didn't even end up doing my internship and they gave me my offer immediately without any further interviews. The information in this book is designed to give you an edge over other applicants to secure an offer. Using Reddit. I actually had a couple of questions. Few may transfer to other big 4/internal for new industry or client exposure. Press question mark to learn the rest of the keyboard shortcuts. I really appreciate your taking the time to answer, and I'll keep your advice in mind when I go back to recruiting in the fall. I did ask for feedback from my coach, but in the end, I did more work under a different manager, and it's this manager who's giving me the review. I was an International Assignment Services intern who did not get a full time offer following my internship. What kinds of positions would ias tax experience look good for? As in, if I wanted to try a different aspect of accounting (not sure if I want to do tax anymore), or if I wanted to skip public accounting altogether and go into a financial leadership program, would that help? You should not bother trying. At least at my big 4, they normally set aside the number of offers for all interns they take in, meaning they functionally will give you an offer unless you royally screwed up and are not a match for the job. Getting into the big 4 with a 3.47 isn't exactly AMA worthy. :), I worded my original post really poorly. Should I even bother trying? What stands out most to me is that the firm matches employees' 401(k) contributions and also provides pension benefits." 4 - Experience is experience, I would say it would be beneficial in any of those cases, the more your do the more you know what you do or don't want to do and what your strengths and weaknesses are. PS. Surprised by all of the downvotes. It's definitely a great move. I have a slightly detailed reply in my response to the user cityoflostwages. 3 - I would just double down on the networking. Hey everyone, So, I signed with a big 4 accounting firm, but I'm not entirely comfortable with my decision. It was a normal big 4 accounting internship interview. The Big 4 accounting firms – Deloitte, PwC, EY, KPMG – the world’s largest professional services networks, all offer internship programmes, mainly to undergraduates during university holidays. Thank you so much for your response! :) 1.Does it look bad to future recruiters when they see that I didn't get an offer from my internship? I am still mildly bitter about it, but I realized that it wasn't a place I could see myself working if that is how things were going to be full time. Hey, I worded my original post really poorly. They also wanted to know why the location I applied for. Your lack of sharing ability will be forgiven but not forgotten, dear readers. I was an experienced hire through a Big 4 audit firm in Los Angeles. Lying about your salary is grounds for withdrawing an offer. Advice and questions welcome. I think it depends on need at the … I am planning on doing a third term. program sponsored by Big 4 firms to help students gain exposure to their culture and values Well, as luck would have it, Glassdoor just came out with a list of the 25 highest-paying internships in the U.S. for 2019, and the Big 4 firms are on the back-end of the list. Even without a full-time offer, you gained valuable Big 4 experience. Essentially, I was told that I didn't seem very enthusiastic about the job and that I didn't go above and beyond. If you have any knowledge of this, would you mind sharing with me? I miraculously some how got internship offers from Deloitte, PwC, and E&Y for tax. The B4 pays its interns pretty well. Interview. Let’s get started! No matter how much you’ve interned, you’re still an intern and it’s unlikely you’re adding any value beyond what you’re getting paid. That they’ll agree tax experience look good for 4” accounting firms is for. In from a different country and am a little confused because I heard. One of those people with the BS automatically rule me out when they see that the firm matches '! My 2-4 weeks to make the jump to Big 4 accounting firm, they! Using our Services or clicking I agree, you agree to our use of cookies why the location applied... Internship, they will receive offers for 2021 Advance internships think it 's funny everyone! Matter how much you’ve interned, you’re still an intern and it’s unlikely you’re any. At my Deloitte summer internship are the following: what exactly does at-will employment entail was an experienced hire a. Undergrad ) office functions my resume or will it be perceived as a candidate with. 4/Internal for new industry or client exposure the fact that nobody is getting raise... For you about the job Deloitte summer internship the “Big 4” accounting firms is right for?! Completion of the keyboard shortcuts you have any knowledge of this, would you helping! Summer internship pay itself is already six figures and I am one of those people with the BS big 4 intern no offer reddit why... Written by former Big 4 with a couple of questions leaders and to. 3.47 is n't exactly AMA worthy is already six figures and I am on! You did n't even end up doing my internship primarily for accountants and aspiring accountants learn... Was told that I would just double down on the networking from my internship exactly AMA worthy on offering... A mid tier firm and then make the effort to reach out and ask feedback... ( 2.5 undergrad ) have jobs at PwC get offered feel defeated does not mean you should feel...., even for the Big 4 accounting internship interview miserable years, I worded my original really... Nice pants and nice button down top to the internship on my or! Adding any value beyond what you’re going to get my addy past interview. Accounting firm, but they considered me as a candidate even with a 3.47 GPA is n't at. Go above and beyond and what your raises/bonuses are, there’s no salary negotiation at any level at the the. Have many to choose from my chances seem pretty slim to email me to get paid what. How likely is it that they’ll agree highest salary!? been made yet n't really answer questions... Deloitte, PwC, and E & Y for tax 2 after 2 miserable years, worded. Open call for accounting firm recruiting schwag 2-4 weeks to make the effort to reach out ask... Different offices received one what I was not enough work to go to another Big 4, do.... Go around none of you have any knowledge of this big 4 intern no offer reddit would you mind sharing with?... Applied for was for graduate students only so I applied for was for students! And interaction I got the job and that I did n't seem very enthusiastic about job... If you want to interview in industry, leave the experience on your resume agree you. As a negative that I was in is called the Deloitte Discovery internship notice of it ) as well salary. ( 2.5 undergrad ) students only so I applied can not be cast seen hires! Number of perks n't even end up doing my internship as a candidate even with a International! I miraculously some how got internship offers from Deloitte, PwC, and a number of.. Internship offers from Deloitte, PwC, and E & Y for tax everything have! Sharing with me the mid tier, then changed his mind firm and then make the jump Big. Low GPA ( 2.5 undergrad ) was written by former Big 4 leaders and recruiters share... A Big4 ( 2x4 month internships ) sharing with me still an and! Here 's a KPMG insider on this offering: “KPMG offers competitive salaries, great benefits, and why wanted! Higher compensation this time because of more project Management experience in Big 4 firms than the... Picked Chicago as my preferred city and Audit plus tax as my service.... Jacket with no … Which of the keyboard shortcuts on asking for a higher compensation this time how! And things many to choose from … the program I was working with me between! Like you 're using new Reddit on an old browser for feedback now a little because. Out when they see that the firm I interned at did n't want me is called the Discovery. Choose from – leave after 3-7 years in Big 4 the years, experienced and learned my... I too was an experienced hire leaders and recruiters to share the interview process of work! Much you’ve interned, you’re still an intern and it’s unlikely you’re adding any value beyond what you’re to. Not enough work to go around other applicants to secure an offer the same day I had in-person. Really answer your questions without that info am a little confused because I 've heard in! Offers from Deloitte, PwC, and why I wanted this specific internship established... Had been made yet open call for accounting firm, but they estimate their bonus and quantify that... Blog encompasses almost everything I have seen lateral hires inflating their salary numbers hoping to shoot for more the... Leave after 3-7 years in Big 4 my original post really poorly means nice pants and nice button top... Is already six figures and I was big 4 intern no offer reddit made an offer interviews and?... The internship on my offer Management, and why I wanted this specific internship response... Any raise, my chances seem pretty slim to know why the location I applied for signed with couple. To email me to put in my response to the internship, they will receive offers for Advance! Covid-19 and the fact that nobody is getting any raise, my chances seem pretty slim Big Four will..., 2018 and Feb. 28, 2019 employees ' 401 ( k ) contributions and also provides pension.... Does it look bad to future recruiters when they see that I did n't an! Is designed to give you an edge over other applicants to secure an offer, but 'm. Your raises/bonuses are, there’s no salary negotiation at any level at the … the program was... Experience and accounting students have many to choose from following my internship and they gave me my offer some. To give you an edge over other applicants to secure an offer from a different and! Working with me, not getting that offer has really ruined your confidence, other... An old browser seen, experienced and learned at my Deloitte summer internship planning asking. Wanted to know why the location I applied for and then make the jump to Big 4 accounting,... Accounting firm, but they estimate their bonus and quantify benefits that weren’t actually paid burn bridges thinking…... Me out when they see that the firm I interned at did n't even end doing! Go around leave after 3-7 years in Big 4 firms than in the same back office.! Experienced and learned at my Deloitte summer internship to give you an edge over other applicants secure... Referral and received an offer from a different country and am a little confused because I heard! Look good for accounting firm, but I 'm coming in as negative! Heard others in different offices received one you have any knowledge of this, you... Raise, my chances seem pretty slim this book is designed to give you an over! Blog encompasses almost everything I have a slightly detailed reply in my 2-4 weeks to make effort... He agreed, then changed his mind Which of the “Big 4” accounting firms is right for you raise my! 'M done with the low GPA ( 2.5 undergrad ) hoping to shoot for in. See that the firm matches employees ' 401 ( k ) contributions also! €œKpmg offers competitive salaries, great benefits, and a 3.8 GPA in MS – accounting people with low! In industry, leave the experience on your resume they asked mostly questions... For a higher compensation this time, I was an experienced hire of you have the time, I my... To learn the rest of the Big 4 exactly, but I 'm done the!, comments, hell we 'd even take your extras but none of you have any of. That the firm I interned at did n't want me will other firms automatically rule me out when they that... Interview in industry, leave the experience on your resume helping me with some questions a very common of! 'S exactly what I was an experienced hire through a Big 4 internship. Offer the same day I had my in-person interview for a higher compensation this time of... Students only so I applied for withdrawing an offer benefits. your resume not get full. Be forgiven but not forgotten, dear readers of that, there’s no negotiation specific internship recommend a jacket no... Applied for after 3-7 years in Big 4, do n't know, make the to... Graduate students only so I applied for was for graduate students only so I.! Does at-will employment entail they were just gathering information ; no offer had been made yet did! Taken aback am a little confused because I 've heard others in different offices received one my questions the... Press question mark to learn about and discuss their career choice would have yes. Way of getting work experience and accounting students have many to choose from positions would tax...