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I’m in a similar boat rn thinking about what might make me happier and give me a greater sense of purpose
It is quite scary to be honest. I am also seeking for some kind of purpose/balance
This is the million dollar question! Balance and purpose vs compensation.
I’ve had friends shift to corporate finance at corporations with a mission they align to, but no one will be able to tell you what is ultimately right for you. Once you have some sort of idea of the opportunity you’re looking for, get on projects (1) in that industry and (2) marketable skillsets (e.g., data analytics, growth strategy, specific services like diligence, etc.)
Best of luck!
I thought about the Consultant 1’s idea of doing something more forensic focused but quickly realized I hate accounting. And the burn out of doing accounting drove me out of it. After 2 years of audit and almost 4 years in diligence, I have finally quit (tomorrow is my last day) to take a significant pay cut to do corporate FP&A for a well known real estate company with lots of potential for flexibility and work life balance. I don’t care about the money as long as I am not struggling. I care about purpose and I care about time. With getting my 5-11PM and weekends back, I will have time to plan my long term goals. I want to be my own boss. I can start with side hustles or perform services in my spare time.
You don’t need to know what’s next, you’re extremely busy in TAS and I get it. But you can always get time back, and that’s what I’m doing
People crap on internal audit but if you get into an operational role where you’ll be doing operational audits or forensic accounting engagements, it can actually get pretty interesting learning about the business at a large enterprise. Lots of large companies use their IA teams as feeders to other roles in tue company so you never feel like you’re stuck doing the same 3 analysis over and over again like you do in FDD. This is the move I made from TAS and I’m happy with all I’m learning, just wish I’d get to do more modeling.