MY EXPERIENCE WORKING AT THE BIG 4? (risk consultant, audit, interview tips, pros & cons) | KPMG
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- Опубліковано 1 сер 2024
- #work #routine #corporate
I talk about my experience working at the Big 4, what a risk consultant actually is, what I do on a day-to day basis and so much more!!!
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TIMESTAMPS
0:00 - INTRO
1:00 - WHAT IS THE BIG 4? ACCOUNTING OR CONSULTING FIRM?
2:26 - WHAT IS A RISK CONSULTANT? INTERNAL AUDITOR? WHAT DO I DO FOR WORK?
6:09 - HOW TO LAND A BIG 4 JOB? MY PREVIOUS JOB HISTORY
9:21 - WHAT THE APPLICATION / RECRUITMENT PROCESS IS LIKE AT THE BIG 4?
11:48 - WHAT THE INTERVIEW QUESTIONS ARE FOR THE BIG 4?
14:59 - WHAT DEGREE I STUDIED AT UNI?
16:36 - GRADUATE PROGRAM FOR KPMG?
17:44 - WHAT IS THE BIG 4 CULTURE LIKE AT KPMG?
19:30 - PROS OF WORKING AT A BIG 4 FIRM?
23:54 - MY OPINION OF WORKING AT THE BIG 4?
24:25 - OTHER PATHWAYS IF YOU DON'T MAKE THE BIG 4? FUTURE PLANS?
25:19 - Special announcement
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DISCLAIMER: Anything discussed in this video is for entertainment purposes only. What I share on my channel is from personal experience of working at the Big 4. Each individuals experience may differ. Past experience is not indicative of any future experience.
Thanks for going out of your way to grant us an insight!!!
Sharing your experience, really means alot.. Thank you !! Loads of love and thumbs up!! Keep up the good work..😊😊
the interview part about keeping busy and not only studying is sooo good and so true!
hahah yep!
If you want a life, don't go to audit. Trust me.
Then what we should do???
@@CAJP21 coming from an audit experience in a big 4 firm in Asia, I'd say Advisory (internal audit, FAIT, FSRM, FAAS) is much less stressful than external audit. It's your choice but I suggest to make an educated research on where you want to go and how you want your life to be. I'll say this, if you want work life balance, advisory is a much better route.
@@raindelta7079 ok thank you for your advice , i was planning to go into statutory audit...
@@CAJP21 don't it's shit
Yes it is. They overwork you.
Great vid Sanjna! Steph and I just did a recap of our experience at a Big 4 here in Canada. I think it’s great that you talked about your experience outside of external audit! There’s a lot of cool and innovative groups within the Big 4 that go hidden 😊
Amazing video! Thanks Sanjna ♥️ And goodluck with your future job!
I like the fact that extra pillows were put while talking, so it let me think how hard it is to just make a "1 second video", A year maybe to complete the hole video !!
That was a great video with some awesome piece of advice. Never really had the patience of watching such a long video but this one kept me engrossed for the whole time. Keep more videos coming about the big 4 experience and processes.
Thanks glad you enjoyed it 😊
Quite detailed and informative. Thanks for the video.
That was a really informative video. Thanks for posting it!
Glad you liked it :)
Perfect video! Thanks so much for this. Particularly where you said "its always a good time to leave and look for something else" at 14:10
I've been working for a smaller insurance company (also known as an Underwriting Agency where they write insurance policies on behalf of an insurer) in Perth for about 3 years now. Its getting a bit too boring for me so I'm always contemplating leaving where I currently work and looking for a position in one of the Big 4 insurance companies in Australia to step out of the duties I currently do and develop my skillset.
Your video helped me see that reality much better!!!
Great video! Thank you 😊🙏
Thanks so much for your insights. I was once an intern at a Big 4 firm in Vietnam. My division was Tax Customs and the working hour was so ridiculous. Staff and Senior had to work long hours for several days in a row, which was really insane. Watching your video just gives me another view of big 4 worldwide.
Awww I’m so glad! Take care x
Thank you so much this was so helpful!
Love this story! I talked about my experience getting into big four on my channel and this gave me some perspective
Thanks for this informative vid. I used to work in external audit and now in the industry. Im looking forward to join Big4 and joining the risk advisory division is my goal. After watching your vid, it really convinced me to push for it. Thanks! :)
Yayyy I’m glad your motivated to pursue it! Good luck with it all!
I’m an Accounting & Finance student at UWA in Perth and this is the best video I’ve seen in terms of insights of the Big 4. Thanks a lot. Keep up the good work! 😃
Wow thanks for the kind words!!!
Good video and useful content!
I would like to apply for an intership at the big 4 after receiving my bachelor degree in business psychology, but apart from my studies I don't have any business experience. But I hope that I'll make it into an internship.
Hey, how it's going?
Did you achieve your goal?
Because I have my internship interview today it brought me here.
Love from Jamaica
Good luck for it!!!
Lool
Thank you so much😍 this is so helpful
Hey great video! Thanks for sharing your story (my first job was at a NAB call centre 😜) 👍🏼 very informative content, nice in-depth look at details of consulting 👏🏼
Thank you!!! Appreciate it
I am going to apply to the big 4. I was very insecure, but your video made me more secure about myself! Thank you!
Awww this makes me so happy! All the best with it! XX
I would honestly look for a better opportunity. Working for Big 4 these days doesn’t do anything for you. You work too many hours and don’t get paid near enough for it
@@boomds5602 I was told it's better to work their for the experience then move on and use that experience to look good on your cv
Thankyou for this great video!
Sanjna, thank you for this video!! I find that I have many common experiences with you, law firm/banking :) except that I did these after finishing school. I think it might be super helpful if you can make a video explaining how you managed to do full time school + full time work at the same time bcuz not a lot of people get how to manage that!
It was tough! While working at KPMG, I finished my Juris Doctorate. On occasion, I had to stay up until 11:00 PM every night of the week to finish a last-minute engagement. But, my team was fantastic, and management was very helpful. My only gripe was billables. I might return at some point.
Quite thorough and detailed 👍 Being in Big4 is wonderful for start of career. Stay blessed
Thanks for sharing your experiences Sanja! A lot of people can learn from them also!
My pleasure!
Thank you for the informative video. My younger sister is currently doing auditing, she's got a bcom in accounting and is planning on doing her honours next year. This information will come in very handy.
I’m glad you find it helpful! ☺️
Very informative💯
tbh, i got my motivation!! thank you!
So glad!!! Thanks for watching!
Really very helpful video..... I was also looking for such kind of videos from long time.
I currently working at big 4, there is a lot of coffee
Thank you for this review!!!!!
You are so welcome!
thank you sanjana.this is so much helpful
Such a real and authentic person, glad to know your big four experience! I think they choose you also because your vibe is really positive and that is soo important expecially for a big four!
awww thanks for the compliment! Its so important to be positive even when times aren't so great!
Thank you for sharing. It serves the purpose of watching a lengthy video. 👍🏻
Glad it was helpful!
Impressive stuff! Keep at it
Hi there, thank you so much for this video it really helped a lot. I wanted to ask, I'm currently doing my final year where I'm studying Financial Management. I'm not graduating at record time which makes me worried that they wouldn't consider me. But, I was part of the social committee of my campus, this year I was an intern at an events company (internship had to be suspended due to Covid-19) and I am currently working at a Marketing Agency as a junior project manager (first started as an intern). When I apply at the big four, do I need to have studied for a post-grad or am I okay?
I don’t think you should be concerned, I was definitely not doing the best at uni as well. As long as you’re part of extra circulars it should show you do more with your time. I also feel the fact that you are working as an intern is very beneficial, you just need to ensure that you actually mention that in your interview and play it up big. Good luck I’m sure you’ll kill it! Xx
Hello everyone, good afternoon! I liked much this video, it was a great explanation of this youtuber-girl from Australia. She has many outlooks in technology's tools and mediums to apply them in her future projects of work. Great quality in audio in this video, too, because it's useful for me to improve my listening skill in English. Congratulations for her, bedsides she is beautiful. Greetings from Sonora, México, which is a border state with Arizona, USA.
Very informative!
Your enthusiasm hold your audience.
Thanks so much!
Currently studying law and accounting want to work in the big 4 some day you got yourself a new subscriber
Thank you OneMessi! Appreciate the support!
I currently work on Assurance at EY in Brazil, and the job you described (risk and controls) is basically what I am doing now!
Yeah, More of the scope and strategy phase. Risk assessment, Scots and Controls testing.
Hi, good clip👌🏽
I have the rare accolade of having worked at all Big4 in the UK (not by design... OK well the fourth was targeted, for completeness 😂)
Im scared of my Audit subject. I do not understand it at all however, thanks for explaining auditing so well!!
No problems!!! Good luck with everything!
I think that the internal audit practice at big 4 firms is very cyclical and project based. For example, When a company fires their external auditor it’s normally a big deal as they had a multi year relationship with them (30+ years in some cases). Internal audit advisory, however, is only needed for certain circumstances and companies have a range of providers to choose from (even non public accounting firms). What I recommend, out of school, is to join the external IT audit or external financial audit background. The external audit, although has long hours, typically are very well staffed and have a lot of resources because these are the firms flagship clients, so there are more opportunities to learn.
Thank you so much for your video! Do you have to do any sales when working for the big 4?
No definitely no sales in the internal audit space as a consultant :)
Hey Sanjna great video! What are your hours like are they very hectic? And do you have busy seasons like audit and tax or is the work more or less the same through the year?
Thanks! I don’t actually work at KPMG anymore 😅 though the hours weren’t actually too bad. Latest I probably worked was 7pm :)
Super helpfull informative video. Presentation is wow with wonderfull
It’s a good video, thank you for sharing your experience!
I’m applying for one of the Big 4 job.
Love from Brazil 😘
você comseguiu???
@@anabeatrizrochapinho7126 Nao, o processo de seleção foi super bagunçado, até dei o feedback para a recrutadora que iniciou o processo. Mas no fim acabei nao sendo aprovada! Mas tudo bem, valeu a experiência. rsrsrs
@@larissadruzian ahh, que pena
Nice video!
Great information
Thank you for sharing your experience with us, you were very informative!!
I would like to ask you if you've faced any sexism as a woman in theese corporate business environments. Were/Are you surrounded mostly by men? And if yes , was this a negative aspect of your worklife?
I am in my 3d year of uni, studying Tourism Management and in the meanwhile am doing a Minor Degree in Accounting , I am interested mostly in Strategy Consulting and that's why your video came up to my home page!
Hey girl! Yes, I have experienced a little bit of sexism/discrimination in my corporate jobs. This was in my previous job about 4 years ago now, but I’ve left that organisation now. Since then everything’s been going well for me! I’m glad this video was helpful to you! ✨💕
Best one...thanks a lot
Great video
Great video, and you’re also so gorgeous 😘
Great video, could you please provide how to handle or write emails.Thank you
Hey, I'm doing Specialization in Human Resources (HR) do I have a chance in future to land in any of the big 4's?
Oh yes definitely. I suggest looking at the careers page, I’m sure you can find jobs relating to HR
I just applied for an internship at PWC and was chosen to move on to the video interview process!! I'm so happy, nervous and excited !!
You can’t imagine how helpful this video was. I also worked during uni and that affected my grades a lot so my grades aren’t that high. And in any other video I saw they just said having high grades is a minimum requirement so thank you so much, I’m also applying at a BIG4 for an internship! 🇮🇹
Awwww I’m so glad you’re just like me haha all the best with the application!
ahhh... consulting....
I thought pay raise happen fast in consulting, nope I was wrong.. Took me 2 years to earn 10K pay raise in consulting industry, while it only took me 6 months to earn 20K pay raise in IT start up
Great video! When you were in school, how many hours/week were you working to be considered full-time at your job?
I was working full time during my college times and that’s about 35 hours per week :)
Hey Sanjna !
Good to know that you have put your paper down !
I'm working in Big 4 for about 4 years now. Life is exhausted and mechanical.
I have to stretch long hours working on laptop. The only thing we understand is on time client deliverables. Life is not only based on the pay cheques. Sometimes I don't feel any emotions in the world. No time for myself and family ! Robotic !
I wish I could resign like you.
Thanks and XOXO
- Sreeparna
Awww that’s very sad to hear! Have you considering changing jobs if the pressure is too much that you don’t have time for friends and family?
@@successbysanjna Yes. I'm looking for a change now. No friends and family time at all.
I think we have the same jobs! Whatever you said about the controls and samples, I was like yeah this is my job description. I am also working for the big4 and agree with everything you said!
Thank you
You're welcome 😊
Hi Sanjna, really good content, a couple of questions.
1) Is there a lot of toxic culture at the big 4, everyone trying to get ahead of their peers and get promoted and pushing u down?
2) how bad are the hours actually? At my current role hours are super chill but I’m doing barely anything and not learning a lot, culture super good but doing nothing except copy paste documents
3) do you get given meaningful work or mostly admin jobs and grunt work no one else wants to do at the big 4?
Ultimately asking cuz got a grad offer from big 4, my current grad role at a big insurance firm in aus (been 4 months in it) has super chill hours so that might be a trade off but I’m barely learning anything atm and so bored cuz only doing admin tasks.
My offer is for governance risk compliance & control advisory (think that’s what u did at big 4 too). I’ve asked current big 4 grads their experience from different teams, some are loving it and time of their life some aren’t and are tensed and stressed obviously depends on the team, but would u recommend taking big 4 for the exit opportunities and learning growth only trade off is if my team is toxic and super long hours, but exit opportunities down the road are super attractive too so I’m confused as I’m not learning a lot and bored at my current job even tho no pressure
Also on a seperate note, do you know what risk remediation is and did you do a lot of work in it during your time??
I just left job at one of the big 4 to start my own firm, as i dont want to join bandwagons to carry my resume when i become old, i am now a businessmen and happy and away from fancy jargons to names ,plain meaningful life full of business and money,what i was missing to call my own..
Hey I currently work at EY and almost have a year in. Any advice on what i should do next? Should i stay in big4 longer?
@@Tepera its only performance and jolly go with your boss, habit of saying yes and show him he is a great leader though he may be biggest asshole of our times 😉
what do you think you can get into after tech risk consulting in finance that is outside of tech risk and, consulting and finance?
I was waiting for a talk about metallica, megadeth, anthrax and slayer :((((
Me too 🤣
I've just watched the Am I evil performance of them and were looking for more
This video suddenly recommend by UA-cam as if they know that I just finished my last paper (on last Wednesday) for my Bachelor of Accountancy 🤭 currently seeking for job opportunities. I read most of the comments that talk about external auditing. Haha! Maybe I am a weirdo because I actually more interested in external audit 😬 anyways, this video is so interesting to watch! Wish me luck to find and secure jobs that suits me 🤗
Goood luck with your job endeavours!!!
Can you please explain how your degree helped you with your current career in risk consulting?
Tbh my degree didn’t help in my current career. My career was all on the job learning. I think with risk you don’t need a degree with it, there’s not even a specific degree for risk unless you do post graduate study, which I believe is not necessary. Hope this helps :)
Hi Sanjna! I was wondering if you know how difficult it is to internally transfer to another line of service in the Big 4? I'm currently in tax and am thinking of switching to advisory!
I’ve heard it’s actually harder to transfer internally. I’ve seen a few people experience it, but each division is different so it depends. I suggest getting the process started as soon as you know you want to change :) good luck!
It is fairly hard. I had an interview with consigning after being in audit and I had to have about 8 coffee chats with people in the department and then I had a formal interview and didn’t get the job
Ive been in this business for a long time and best is to speak with some partners and managers in advisory and let them know of your interest, check their reaction and then if positive, speak with leadership on the audit side. My experience is that most of the Big 4 look out for their people and are very flexible about making a transfer as long as a) you have very solid performance ratings and b) you are young enough in your career.
I’ve just transferred internally from being non-business staff into audit department. And a lot of my fellow colleagues switched departments internally even at manager level
@@boomds5602 Can you please tell me why do you want change auditing. I am thinking about it as a major but a lot of people tell me that it's really demanding. thank you in advance :)
Thanks Sanjna, its very helpful.
Hi Sanjana
I'm school leaver and I want to do cima course,so it's possible or not??if yes,then plzzzz tell me entry route and books
It's really very urgent for me to know weather an audit Analyst (Assurance) gets an opportunity to travel abroad or not, and if yes, how much time does it take to get that opportunity..?
Hahahahah! I agree with every point! I have been at a big 4 for close to 2 years! I think time to quit for me too! 💜💜💜
Hahaha just make sure you have a backup plan
bySanjna as a new graduate, can a person do just accounting instead of choosing between audit or tax?
well within the audit field there is a lot of accounting that is required. Although I’m sure there would be accounting divisions too, would just need to do research :)
How different is the work from risk job to risk job? Is it similar measurements and procedures or is the job role completely different? This was such a great video, really inspiring!
hi there, honestly giving you my opinion, i think moving from Risk job to Risk job is very similar in nature. There will always be controls testing, risk management tasks, writing up process documents, identifying risks and doing some form of reporting. Hope that helps!
Hey Sanjna!
I'm currently in high school, almost graduating. i just wanted to know how you got your job in commbank while you were in uni. When i searched up for jobs in commbank, it says i need to be in the second last year of uni, how can i get a job there during the earlier years of uni? thx :)
Hey there - have you tried just applying for non graduate jobs? Like call centre? Which don’t require you to have finished uni?
Hi, great video and thanks for sharing because it’s very insightful for me. Pls, if you wouldn’t mind I’ve got few questions...... I would like to go into the IT Audit work line and this is going to to be my very first job( never worked a 7-3/5). So pls 1. what is the different between been a Risk Analyst and a Audit Analyst. 2. What else do I really need to learn and know computer wise when it comes to working in the IT Audit field. And any other advice would you give me before venturing into it cos I’m about putting my CV out . Thanks.
Risk analyst is in the risk field, like consulting type of work and looking at controls and risk management, whereas audit is looking at financial statements etc.
if you are entering as graduate then you don’t need much computer skills, just basic functionality of Microsoft, they will teach you on the job. Advice for when you have an interview: be confident, show other skills besides study and be real :)
bySanjna thanks so much really appreciate this🥰🥰
I am working in big 4 in Risk Assurance. You will surely learn a lots . Your overall growth will be exceptional, pay is good. But you have to work realy realy hard and your personal life is at at stake every time.
Do u need some certificate to get into risk assurance
@@obedaih1956 it's easy for you join Big4 if you have CPA certificate or equivalent. I am Chartered Accountant. Otherwise past work experience, skill and requirement also helps in joining big4
@@Truedeath147 thanks for getting back to me, much appreciated
👏
Can you please tell me what the job looks like, and what my major should be if i want a similar career . Thank you! have a great day !
When I heard you started the CA program without an accounting background I was a bit worried 😅
Just finished it myself last year and it wasn't easy studying around work.
Great to hear! Now it's done and dusted for you :)
What important steps I should follow to be a part of big 4. I'm ACCA. Your advise will be appreciated.
Just go ahead and apply and see if you get through. I would recommend making sure your CV is up to date as well and aligned to the job you’re applying for :)
During your graduate program did they make you take a professional exam, like ICA or ACCA?
Nup - nothing at all!
Been there, done that... It is not for everyone. Definitely not for me. However it's a good place to start after college and learn all you can
Agree its not for everyone, but definitely provides as a good stepping stone to later venture out :)
Anyone here specialise in tax with Ey? Could anyone who does tell me about it in detail if possible in terms of a typical day
Tax itself is quite broad..
Any video on the job of Account Executive in Big 4 ?
my take based on working in consulting for 7 years.
pros; you get great exposure to many different companies / sectors. you learn and develop lots of skills including analysis and dealing with clients.
cons; its a bit of a pyramid scheme, where you are told that if you work to death, sacrifice personal life, in some instances (tell the small lies to win bids), and put up with some of the toxic environment with backstabbing colleagues, favouritism (its run by partners, and the partners are like little kings and queens, and if they like you you rise if not, no chance). you can feel like a sellable resource, when the resourcing teams try and sell you for jobs (they act almost like pimps i felt just selling me to jobs sometimes without even asking me).
for some its a great life, and it suits their personality and temperament. but i got tired of being sold to different clients as the 'expert' on something i knew little about, just because i was on the bench. i also got tired of being under pressure to deliver to unexpected deadlines that the partner had promised, working with lots of juniors who were from disparate backgrounds, emotional states, training and personal goals, to deliver something that was of high quality. sometimes there was no respect from the juniors to those below partners, as they did not see you as important in their career growth. so if you were in the middle between grad and partner, you sometimes got no respect from those above, nor from those below. but again its is very team dependant. if you are in a good team it can really be great. but most people did not want to kill themselves to be partner, and were looking to leave and join a firm in industry as a 'head of' type role.
Hi please how did you prepare for the psychometric test especially for the maths questions, i don't like maths :(
I also don’t like maths hahah but it’s a matter of just doing some practice questions that involve shapes and patterns etc good luck!
Thank you for this video! I’m a junior majoring in Finance with a 3.1 GPA and I’m scared to apply for internships because I feel my gpa is too low ☹️ I also work a part time job 30hrs a week. Advice for applying to internships?
Never be too afraid of putting your application forward. You don’t know if they won’t accept you or not. I was the same, my gpa wasn’t high at all, but I got accepted :) gotta be in it to win it!
isn't a 3.1 GPA very good? that is 3/4 right? I am from Australia so i am not familiar with the GPA system
R NS not that great but not terrible. I had a 3.3 and got in but it took me about 5 years of applying
Boom ds 3.3 undergrad or 3.3 in your masters of accounting program? I believe I’ll be graduating undergrad with a 3.4 which is still low unfortunately
If you don’t mind, what big 4 organization did you get hired and experienced their recruiting process?
KPMG :)
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Hi Sanjna. Just wondering if you know or have heard of anyone in the audit/assurance side who made a switch to corporate finance (e.g. transactions, M&A, valuation, etc.) while you were at KPMG? If so, can you share a bit about how they did it? Thanks so much
Not that I know of sorry. I suggest networking and reaching out to those on LinkedIn that have done so.
O M G !
I could look at this woman all day
Hi Sanjna! I was wondering if you get to travel for your job?
Yes I do!!
i loved this video!! It is so inspiring to see Indian girls working as huge corporate firms! Women empowerment
Yes! Thank you!
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Hi,
I have done graduation,Can i get a job in big 4, and what is a ctc in big 4 for fresher, and what role they will provide?
And this is why I chose healthcare ... 😳
Your very pretty. Also good info