Do those in FDD at Big 4/A&M typically work weekends? Also, how many days of PTO would you say you get per year? Trying to gauge WLB before I apply to these companies. Thanks!

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If you want WLB, you don’t do FDD. There will always be an inevitable weekend, there will always be a deal that dumps data at you 8pm on a friday, there will always be a demanding PE client or investment banker working late hours and asking you for a meeting at 10pm.

The point is. WLB is unpredictable. It’s always safer to assume you have none.

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I would say my client mix is ~80% PE and ~20% Corporate. I have found little difference between the two tbh in regards to being demanding. This is M&A and there will always be unrealistic deadlines we are expected to meet.

Have done this for 10 years, rarely work weekends. EY has unlimited PTO and firm shut downs for the week of the 4th and Christmas, most people end up taking another 3/4 weeks off beyond those breaks. Easier to take week long chunks of PTO, the speed projects move at means that it’s challenging to take long weekends without having to log in and keep things moving / deal with email / join calls.

Actual WLB experience will vary firm to firm, office to office, team to team and deal to deal. For the most part I end up working somewhere between 40-50 hours a week and no weekends but it can be very unpredictable and not uncommon to go from very chill to 60+ hours a week with no heads up.

WLB definitely is better than banking, but definitely much worse than a vanilla industry accounting job. Personally think it’s a decent sweet spot when you factor in comp.

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Well i wouldn’t say none. You still got those Sunday night india requests or the random sprint that causes a weekend call or meeting. There is still a bit.

If a firm has an unlimited PTO policy, what does this actually mean? Am I able to book say two weeks a few months in advance and take that time off? I’m confused lol seems like a way around the company paying out accrued time

i got in trouble for giving my staff 3 weeks off to go to europe lol. unlimited PTO is a scam

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It varies pretty considerably. Some weeks you may work only 15 hours, and others you may work 70. It’s partly tied to the broader macro trends around deal volume but also your partner/team’s preference. Some partners will have his/her team working on multiple deals at once, while others are more reasonable in their expectations. A&M is a good spot because a large portion of your comp is tied to the hours you bill. So if you have to work long hours at least you’re getting paid more.

Check this article out https://financialduediligenceinterview.com/audit-to-transaction-services/

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