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    How to Get a Job at Deloitte, EY, KPMG and PWC

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    10 views13 pages

    How To Get A Job at Deloitte, EY, KPMG and PWC

    Uploaded by

    Mai Phuong Nguyen
    job interview experience

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    © All Rights Reserved
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    ‘News (https news efinanelaleareers.com/uk-enjenjnews-analysis) Advice (htps://news.efinanclaleareers.com/uk-enjen/advee) ‘Students (https:/inews.efinancialeareers.com/uk-enjen students) Comment (htps://newsefinancialeareers.comy/uk-en/en/comment) Graduate Guide tpl /newsefinanelaleareers.co juk-enfen/earers-in-finanee) How to get a job at Deloitte, EY, KPMG and PWC 0 sere ws by keyword by Saran Bucher hpeunows ctnancalcaroers comive-anlniauovsarahbchor) 27 May 2015 Search 10732 Jobs on. Comey Search Jobs ‘Top Sectors (https://www.efinan, (tts atrancilereare cob ‘Acsountng_Fieance.s00t) ips iow atrancakrerscon\an12t5 how gee lobathhe ti our sins Be propre orto penalty fs IF you want to work in finance and you're nat confident of your ably to get inte investment banking, you might want to try the Big Four accountancy fms of Deloitte (titi: news.efinancialeareers.com/uk-en/210635/how-o-survive-in-he-jab-market-of-2025)), KPMG, PWC and EY. After all, they hire thousands of graduates annually and are reportedly three times ‘easier to get into (htps:inews. efinancialeareers. comvuk-on/212197imorning-coffee-barclays-traders- sales-complance-staf-allimplicated-why-plentiulaccountingjobs-are-unappealing) than the big investment banks. They also pay moderately well, wth staring salaries averaging £25k (hitis:/inews.efinancialcareers.com/uk-en/212'97/momning-coffee-barclays-raders-sales-compliance- slatt-alLimplicated-why-plentifu-accountingjobs-are-unappealing!). However, just because the Big Four are easier to get ito, that doesn't mean they're easy, ips iow atrancakrerscon\an12t5 how gee lobathhe ti our {nist afrancileareare choo ‘Aset_Managements002) (testa atrancleareae coo a as005) ‘creat 2008) (ttt afrancilcarearecohobe FX_Monoy_Warkss.s012) oration Teehnogy 2237 {ntestnafnandileroors cake Irormatin_Teonnoegy.s010) Invostant anki 950, Investrant BankrgM.s021) Operations 1008 Operations 26) Piva Equty & Venture Captal 396 Privato_Eulty_VentiroCapeals027) Rsk vanagerent 1207 {tpt afzandleroas coubobe- Rsk Maragomonts33) Soles & arstng 778 Sales_Markaog x04) Taig 260 (tpt ateanclerees cokiobe. Trading 3095) PWC tells us that it plans to make 1,400 ful time graduate hires in the UK in 2016, along with 600, interns and schoo! leavers. Fo: these 2,000 rales it received 39,000 applications, putting the ‘acceptance rate at 5%. Other Big Four fms have similar acceptance rates: KPMG hires around 1,000 people in the UK and receives around 20,000 applications; Deloitte receives around 30,000 applications for 2,000 entry level positions; EY receives 12,000 applications for 800 UK graduate positions. IF you want to work forthe Big Four, youl therefore ni ‘through their process. 1d to know your stuf. This is how to make it 1. Know which Big Four division you want to work for and why Yes, you want to work fr the Big Four, but which division do you want to work for? Big Four firms have a variety ofcitferent divisions, including audit, consulting, tax, technology and advisory. Before ‘applying you need to be clear about where you want to work and why, ‘Andrew Bargery, campus and schools engagement leader at PWC in the UK, says students are asked to specify a particular business area wien they apply. ‘We want students to have a definite dea of where they want to work and wiy they want to get into a particular business area,” says Bargery. [At PWC, 50% of applicants go into auelvassurance. The next biggest area of junior recruitment at the firm is consulting, followed by tax, advisory, actuarial and technology. Apply for internships at accounting firms, but don’t assume it's all over if you don’t get one IF you want to work for an investment bank, its imperative that you get yourself a summer internship (tips news. ofinancialcareers.comiuk-on/143120/seven-ways-ir-which-banking-interships-are-a- asty-d'sappoiniment): internships are a crucial part of banks’ recruitment process. ips iow atrancakrerscon\an12t5 how gee lobathhe ti our Tweets oy aerc_ux FancatCareare UK Retwostes Hacker News @rewsycombinao Prograssng om Teche Leadership leamtlogspotcom20182on-9 Fob 3, 2018 @ srrssewren ve eFC UK Th sme doesnt appy tothe ig Four, “We donthave he same speoac tm ae 20% our graduate res came tom oem programme” ©] “We hire 1,400 graduates annually and take on around 360 summer interns," says Bargery at PWC, “Even if all those intems conve {to ful me hires] ~ and 90% do — we wil sill b going back to the ‘market with 1,000 full imo graduate vacancies. Ifyou don't gata summer intornship, don't assume that you can't get a job in the accounting sector" the fet of your fend oho ths ¢: Apply to nscounting firms offices, not London ee While investment banks are focused inthe City of London, the Big Four accounting frms have offices all over the UK. And they hire graduates ilo most of them, IF you're applying for a graduate job, the London office will be hardest to get into. "At graduate level, we receive the most applications for our London office,” says Oyer at Deloitte Bargery says i's the same at PWC: “London is always very popular. has far more opportunites, but also far more applicants. Our message is always that you can have a great carver outside London” 4. Think about applying to PWC, EY, Deloitte and KPMG before you go to university Large accounting firms have been particularly proactive when it comes to organizing apprenticeships, ‘school leaver programmes’ and even running thelr own university courses. EY offers a five year structured training programme for school leavers. (https imww.ey.comUK len Careers/Students/Schools— a five year structured ‘Bright Start’ programme (tips /imw2.deloite.comiukfenipagesicarears/arlclesibrightstat-school-leavers. htm) for people who want to apply without going to university, KPMG has a school and college leavers, (tts: www. kpmgcaroers.co.uk/echool-leavers/schooL-leaver-programme)programme for people who want to go into audit. And PWC runs a range of apprenticeships and a degree programme. (tos smww.pwe.co.ukicareersischootsfindex,ntml) *Y-School-Leaver-programme)Deloitt runs ips iow atrancakrerscon\an12t5 how gee lobathhe ti our ana 5. You won’t need high UCAS points to get into PWC. You will need them to get into EY, KPMG, Deloitte ‘Academic screening is an element of most Big Four frms' recruitment process and is the frst hurdle you'll need to cross if you want to get in. KPMG requires 300-340 UCAS point for its programmes. Deloitte Looks for the equivalent of three Bs at A Level. EY wants a minimum of 300 UCAS points and 82:1 in any degree discipine, PWC has famously dropped some ofits academic requirements, however. Wilt stil requires 240- 280 UCAS points for Is school leavers programme and 340 UCAS points for its degree programme, its dropped the UCAS points requirement fr its graduate scheme. Sinilaly, while PWC prefers its graduates to have a 2.1 degree, itcan be flexible and wil accept candidates with a 2.2if they've done, “something exceptional outside their degree. 6, When you're applying to the Big Four expect numerical tests, verbal reasoning tests and ‘personality tests’ ‘The Big Four are big en psychometric tess, You should expect them atthe inital stages of your application process. PWC runs a selection of numerical tests, logical reasoning tests and personality tosts atthe fist stage of its selection process. Justine Gregson, hea of eraduate programmes for advisory at KPMG, say the yofessional serves frm operates numeral and verbal reasoning tests along wih a “sustinal judgement asta aseoss how candites wileatn torent seonare, At EY, Emma Judge, head of student recruitment says you can expecta ‘situational strengths test’ which wil help reveal “how and where you naturally work best.” Barger is reticient when it comes to explaining which types of personality PWC doesn't want to hire. "We look at particular situations and how people will respond to them,” he says. “We're looking for a range of personalties and are not screening out anything particular. The personality tests are taken Into account alongside the numerical and logical tests" ips iow atrancakrerscon\an12t5 how gee lobathhe ti our sins Ir you perform badly on the tests youl be out. “Around 50% of our applicants are rejected fllowing online tests," Bargery adds. Know who top accounting firms want to hire IF the Big Four are coy about what they reno looking for, they're very forthcoming about what they are looking for. wants excellent team-workers with integrity (htps:/iww. ey. com/UKlen/Careers/StudentsiJoining+ /#fragment-3-na),respecttulness, enthusiasm and courage to lead.’ PWC looks fer relationships, business and global acumen, leadership skis and technical capabilites. Deloitte has a lst of ‘shared values’ (hitpsiwaw2 deloitte.com/aloballenipagesiabout-delottelartilesivsion-values-strategy.him!) hich it looks for in candidates, Prepare to be gtlld on these values and behaviours in interview. And expect be subjected to a now style of‘sivational interviewing. "We ask situational questions that examine whether candidates demonstrate our values under different circumstances,” says Dyer. He adds: An example might be, ‘Your manager i ill with a ‘broken lag and a cent calls with a question. Oo you a) take @ punt and give it your best shot, b) Explain the situation and say itil take a while for you to get back, ¢) Refer the matter to someone [At PWC, Bargery says you'll be asked more old-fashioned ‘competency questions’ during the interview process. Competency questions ask about past experiences in which you've demonstrated the values and behaviours a frm is looking for. Make sure you've prepared a few examples before you step in. The S.A. interview technique (https:/news.efinancialcareers.comius-en/74526\the-s- ‘earrenterviewstechniquel) is a good way of concocting competency-based answers. 8. The Big Four love telephone interviews ips iow atrancakrerscon\an12t5 how gee lobathhe ti our os ‘The Big Four are strongly attached to interviewing by telephone. In most cases, if you make i through ‘he inital tests and application forms, you can expecta call from recruiter. Don't treat ths telephone Interview lightly: 50% of candidates are rejected atthe telephone interview stage at KPMG. 9. Be prepared for the assessment centre at KPMG ‘The penultimate par ofthe Big Four aplication process isthe assessment centro. Here, youll ‘ypically be subjected to more psychometric tests, a presentation and a case study [ALKPNG, for example, candidates who make it through the telephone interview and online tests are invited to 2. ‘one day immersive assessment day.’ 12-4 graduates take part at a time. “The assessment contre replicates a day the Me of the gragunt," Gregson tls us. "Youlbe expected to analyse cata in iflornt formats, create awit port, take pat in roleplay exerceas and patcipate in diferent scenarios which reptate your role when you jen KPMG.” 10. And then one final interview at KPMG and EY.... Wile investment banks tend to use assessment centres as the final stage oftheir application process, the Big Four wil often invite you back for ane fnalinterviaw. EY does this, for example. So does KPMG, '55%-60% of those who attend KPMG's assessment centres progress Lo the last interview. And if you ‘make i this fr? You have a 90% chance of getting the job. jeFinancialCareers Uke Page 157«thas ips iow atrancakrerscon\an12t5 how gee lobathhe ti our ms owoaz018 ow get bt Dob, ¥. KPMG anc AVC Related articles: Deloitte, PWC, KPMG & EY. Are the Big. Four all the same? (https://news.efinancialeareers.com/uk- en/204621/working-for-the-big-four-pwe- deloitte-ey-kpmg/) ig Four accountng firms are much of a muchness. Or are they? (nts:inews.efinancialcareers.com/uk- ./2n/20462:1/working-for-he-big-four- PwC, Deloitte, KPMG or EY, which Big Four _ Pitésisistesonhamiztcarcers.comuk- firm pays the most? enzistwodebitesargoray (https://news.efinancialcareers.com/uk- —— “*sourfem-paysse-most) en/203864/pwe-deloitte-kpmg-or-ey-which- big-four-firm-pays-the-most/) ‘Are you realy going fo earn more at Deloitte than anywhere else? ‘Why you'll love and hate life at PwC, Deloitte, EY and KPMG (https: //news.efinancialeareers.com/uk-en/205325/why-youll-love-and- hate-life-at-pwe-deloitte-ey-and-kpmg/) PWC, Deloitte, EY and KPMG top the best accounting firm rankings, but what are the positives and negatives about working there? rp news atoancakareers concen 21215 how gu. ajebaiinadigat ws Companies Dette (hitps:tinews.efinancialeareers.com/uk- ‘enlenicompanyideloitte) ey (hitps:inaws.efinanclatcareors.com/uk- ‘en/enicompanyiemst- young) KPMG (hitps:news.efinanciatcareers.comuk- ‘enlencompanyikoma) PricewaterhouseCoopers (nitpsinews.efinanciatcareers.convuk- ‘enlenicompanyipricewaternousecoopers) Comments (7) ips iow atrancakrerscon\an12t5 how gee lobathhe ti our (ntgs:news.efinancialeareers.comuk- ‘2n/208325iWhy-youlF-love-anc-hate- lfe-a-pwe-deloitte-ey-and-koma!) ‘dest First (htps://news.efinancialareers.com/uk-en/212451/how-to-get-a-job-with-the-big- fourfoldest/) Latest First (htps//newsefinancaleareers.com/uk-en/212454/how-to-get-a-job-with-the-big- fourfatest/) ‘The phone interviews are a joke. You speak to some just out of college recruiter about things that are clearly on your resume for 16 minutes. Perhaps the mediocre four have become a joke. Leroy Reply (htpssrsws ofnarciecarsors sombk-on21245 howto gakob-wite Seow? “The "Big Four” are nothing more than glorified recruitment companies. I you have a pulse and willing to do any kind of project/consulting work, be ready to get thrown into projects where they ‘can bill yu for three times what they pay you, (DD Refly (toesnaws snares comlucen 2121S ow tgetjob-wt-ebiout? repyocom=109007#respond) This is interesting and a good read! Thank you! My younger brother is third year and has just

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