Some people say that the Big Four is a shortcut for investment banks. Is that really the case?

Hello, I'm glad to answer your question.

Many investment banks will choose to poach outstanding talents from the big four:

1. If you are an auditor.

If you want to do mergers and acquisitions, you can choose to join the financial departments of the four major companies through internal transfer after 2-3 years of work;

If you want to be an investment bank, but the company does not give you the opportunity to consult, then there is another option: first go to the investment bank to do internal audit, and then try to do front-office business;

Job-hopping to an investment bank compliance position. The major banks in Asia are now worried about not recruiting enough compliance talents, so they recruit some accountants (especially those who have audited financial institutions) to train them into compliance experts.

2. From four risk control positions to investment bank analysts.

There is a shortage of junior bankers in China's mainland market at present, which means that Hong Kong investment banks will intensify their efforts to recruit people from the Big Four.

Feiyu joined Shanghai Deloitte Enterprise Risk Service Department on 20 12, and started his career, but only for a short period of 16 months. Then Barclays Hong Kong poached him and made him a sales analyst for Chinese enterprises, mainly responsible for hedging and risk planning. Only eight months later, he quickly rose to the second year as an analyst.

3. Use modeling skills to win investment banking jobs.

Lin started as a valuation analyst at PricewaterhouseCoopers. Only 65,438+03 months later, he jumped to ANZ to do M&A business in 2007. However, during his work at PricewaterhouseCoopers, he developed the right skills for junior investment banks: he was good at writing tender proposals, doing research, financial modeling and valuing M&A project companies. Now, with "excellent financial modeling skills", he has served as vice president of Deutsche Bank, and his business involves ECM, DEM and mergers and acquisitions.

4. Internship in the Big Four and then enter Goldman Sachs.

Goldman Sachs usually recruits graduates who worked as interns here the previous summer vacation, or students who have worked as interns in other international investment banks, but there are exceptions.

Vincent from Singapore? Vincent Lim 20 1 1 worked as an intern at PricewaterhouseCoopers, and in the second year, he worked as an intern in Deloitte's financial advisory service group, which seems to be very suitable for the next four major developments. But in August of 20 13, Goldman Sachs offered him better conditions, so Liam began to do global investment research in real estate and games (that is, casinos) as a junior analyst.

The conclusion is: If you have done well in four internships and achieved excellent academic results (Liam is an excellent student at Singapore Management University), you can consider sending your resume to Goldman Sachs when you are looking for a job after graduation.

thank you