<p>Can someone explain this to me? Do all Big4 firms offer this? Is there as much traveling as the more prestigious consulting firms? And what are the sort of requirements needed to get a consulting position at the Big4?</p>
<p>From my knowledge, people generally go into assurance or tax first, and after a little while, they go into advisory (consulting). At least that's how my boss told me. But I have seen job postings from big 4's consulting/advisory side at my school's career website. But I'm thinking it's just as competitive as a regular consulting firm, if not more, b/c of the number-driver focus.</p>
<p>How are the consulting and financial advisory different at Big4? Maybe the financial advisory is what I should be looking at getting into after undergrad?</p>
<p>It's a totally seperate entity with seperate job opportunities and not to mention a hell of a lot more prestigious and better paying (Besides the stupid technology position).</p>
<p>Do jumps from financial advisory to consulting happen? Is it difficult to get into financial advisory from undergrad? I don't see my resume putting me right into consulting at a big 4 firm right from undergrad.</p>
<p>I'm currently e-mailing an employee with PwC to find out some answers as well, but he's in audit so I'm sure what he knows is limited. If I find out any info I'll be sure to post it in this thread.</p>
<p>Advisory (Consulting) at a big 4 is much more difficult to get into than traditional audit/tax. </p>
<p>I think if one is an acct major at a decent school with a GPA above 3.3 he has a good chance of getting into audit/tax (given that he's not a total wierdo :)) </p>
<p>People that get into advisory are the top students at their program (this does not pertain to uber-elite schools such as Wharton). </p>
<p>Some advisory practices are:
TAS (transaction advisory services)
FAS (foresic accounting + legal services)
TP (transfer pricing)
Econ + Val (Economics and valuation services) </p>
<p>People in advisory usually already have certifications and advanced degrees such as CPA, CFA, JD, etc.</p>
<p>There are specific undergrad programs. If you goto the Deloitte webpage and look for jobs, it'll list out recruiting events are all the undergraduate schools it plans to recruit from. Most were Ivy league and top schools last I looked.</p>
<p>There is a big difference between the consulting that big4 do and firms such as mckinsey, bain, etc.</p>
<p>Big 4 deal a lot of the services you see above listed under Advisory and Risk. Yes, it is harder to get into advisory and yes they do look beyond accounting degrees. Financial advisory and forensics per say, are small units at the big 4 and the are dealing with a lot of competition because they sold off the majority of their units years ago due to independence concerns. </p>
<p>There are a lot of consulting areas, you need to specify what you want to do...sap and tech, human capital, marketing, risk....what? the big 4 have the niche with deloitte being the most versatile because of their cross segments with deloitte consulting, the only big 4 consulting arm that was not sold. You have to realize that the other big3 sold of their consulting arms and had to wait a number of years for their non compete agreements to expire. These are new units (the units were sold to IBM, and two became cap gemini and bearing point) PWC has thus far not been very succesful with their new unit and have been laying off waves of advisory staff, over a 1,000 just this year (includes numbers that have been transferred to other service lines)</p>
<p>southpasdena, get your **** straight Deloitte Consulting also does what Mckinsey and Bain are doing. Call it management consulting or whatever the hell you want, Deloitte Consulting deal with operations and strategy like Mckinsey and BCG does. There is no "big difference" that you mentioned up there. Hence they are ranked in the same category. Feel free to browse Deloitte Consulting's services and Mckinseys.</p>