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Catching up after transferring service lines in big4

 
#1 Catching up after transferring service lines in big4
05/05/2013 23:12

badel

Hello guys. Im currently in big 4 audit. im hoping to transfer to the corporate finance / ts / restructuring line after i qualify. Ive heard that people have successfullly transferred to advisory / cf / ts / mc (some permanent and some on secondment) however what ive always wondered is how are they able to be useful to the team having only done audit before? i assume the client is billed for them as they would for a 3/4 year however the person will have the same amount of knoweldge as a 1st year? I was told that most of the teams are comprised of these transferring 3/4th years with them usually having little amounts of 1st years, so they get a chance to learn the technicals...however that kind of doesnt make sense to me....

to maximise my chances to getting a transfer i plan on spending the next 3 years reading books by rosenbaum, damodoran and a few others as well as completing courses such as Breaking INto Wallstreet etc to learn the excel technical knowledge that i would need.

Ive also been researching the possibility of taking the Certificate in Corporate Finance (CISI) and then the Diploma in Corporate Finance to supplement my ACA.

is there anything else I could do to make myself a more attractive hire / candidate for internal transfer?

long term my plan is to do 3 years audit, 3 years cf / restructuring then leave as a manager level to possibly do MBA then see how competitive my profile is...

my office only has a audit & tax department so i cant really ask anyone.

would appreciate the help/advice!

thank you.

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#2 RE: Catching up after transferring service lines in big4
07/05/2013 10:17

dtang to badel (#1)

I don't think there's that much catching up to do.

First role is also likely to be a bs role that requires minimal skills to begin w/.

For some firms, new guys can be put on an action learning grace period, where your firm absorbs the client. You can ask to see if that's the case for you.

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