The Big Four vs investment banks, where do you want to work?

Probably one of the most difficult decisions facing graduates in the financial field is usually if they should work for one of the big four companies or start a career at an investment bank. We look at the differences and challenges to help you decide where you would like to work.

The Big 4: Deloitte, PwC, EY, and KMPG are the largest professional service networks in the world, offering audit, assurance services, taxation, management consulting, advisory, actuarial, corporate finance, and legal services. They handle the vast majority of audits for public companies as well as many private companies. 

The beauty about the Big Four lies in the abundance of opportunities they offer plus they have better exit opportunities too. Here is a closer look at these companies in terms of what they do, career opportunities, and work-life balance.

Investment banks

Investment banking is considered one of the premier fields in the financial industry, so working at one is also a great career opportunity for those wanting to excel in investment banking. It is believed that landing a job in an investment bank is 'relatively' more difficult than starting a career at a big four firm. In investment banking, individuals can work as accountants, advisors, account managers, analysts, and treasurers to mention a few.

Regardless of which Big Four you choose to work for, you will be required to go to wherever the client is and this can involve a grueling travel schedule. To thrive, you will not only need to adjust to this but combine it with a competitive drive to move up the ladder.

 The same can be said about investment banks. The hours can be very long and the culture very competitive. If a work-life balance is what you desire, working for an investment bank may not be ideal. But if you have always been passionate about finance and it's nitty gratis then you will definitely be rewarded in your career. 

If you are looking for a new job in finance or changing careers in the finance industry, visit our website to learn more about how our specialized finance recruitment consultants can help you. With a rock-solid knowledge of the Finance landscape, we understand the pressing deadlines that come with being a financial or accounting professional. Our consultants can help you identify the right move at the right time and make it happen.

Sources: 
Why I should work for big Four or an Investment Bank
Perks at work
Experienced Hires
Why you will love and hate life at PWC, Deloitte, EY, and KPMG