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Hi, I need a referral for an internship
in Financial Advisory Team
Valuation, M&A, FDD, or Financial
Consulting - at Big 4 in Germany,
can anyone help me?
I did my bachelor's degree at the
University of Mannheim.
I would appreciate any kind of
support and advice.
I'm not above reaching out to alumni
directly via Linkedln, but l'd prefer to
bug as few as possible. So if you
want to help, guide, or mentor,
please pm me.
PwC Deloitte KPMG EY
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I would ask about revenue concentration. I used to work for a small firm (<300 people) and 5 clients made up more than 80% of revenue. That can lead to some serious issues when one of those clients is lost, scales back etc.
This I was at similar place 54 Million across 4 major clients - one scaled back and it crazy distorted the company
I'd just express some of the benefits of a big firm and ask what the other firm can do to provide similar experience/resources/training etc
That's a very good point M1. Thanks
Balance of risk and reward - I turned down a similar offer with a % of company. They got bought a year later and I would have been a paper millionaire. Not bitter...much ;)
Yup same here - boutiques are ok in the latter half of your career but early on - in your 30s ,or early 40s better to be in larger organizations
The big concern about working for a small firm is that you are highly dependent on 3-4 most senior people, and one of them could be an asshole. If you don't click, you can be out. At a large firm you can move around and there are formal processes so that no one asshole has so much power over your career
They have signed a few big clients in my industry. And in my previous interviews with managers and PLs they have told me about multiple different projects going on. How do I assess the risk profile of the firm. I am looking to move to a smaller firm (better growth oops etc) but a firm w/headcount < 100 is concerning. Though the firm is huge (over 700) in Europe.
Another good point D2. But my experience at Deloitte hasn't been awesome either. Agree some partners are great but the ones I have to depend in most of the time aren't so good. No support whatsoever
Sorry to hear. Been with the firm for 8 awesome years and I have only worked with one asshole partner