I'm an auditor for a Big Four firm. Audit jobs don't always have a good reputation: they pay less than some other Big Four jobs and offer less chance of making partner. But this is fine because there are other advantages.
Unless it's a busy period, I usually work a seven or eight-hour day and no more than 60 hours a week, with the occasional weekend. This is a lot less than people work in investment banking jobs.
Even in really busy periods, we don't work more than 70 hours a week. This is because we're often at client sites on the outskirts of the city and we can't travel in and out late in the day - public transport doesn't run 24/7. Audit is not like investment banking where you're on call all the time and they can make you work 100-hour weeks. We're never really expected to be online after 11pm.
The other good thing about audit is that it's a great stepping stone to another career. People here go onto jobs in investment banks, corporate strategy or consulting as well as staying in audit. Most people (including me) are just waiting to become qualified accountants before considering their options.
Personally, I think I will qualify as an accountant and then study for the CFA® exams. They're cheaper than an MBA and I see a lot of my peers questioning whether an MBA is really worth it. With a CFA Charter and an accounting qualification, I think I can go into something like equity research: training as an accountant is a gentle introduction to these more demanding jobs in banks.
Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance.
CFA Institute does not endorse, promote or warrant the accuracy or quality of eFinancialCareers. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute
Have a confidential story, tip, or comment you’d like to share? Contact: [email protected] in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)
Photo by Gift Habeshaw on Unsplash