I’m graduating from my MSA program and I have two offers:

1) FDD @ KPMG

2) CMAAS @ PwC (trying to move offer to valuations)

I want to use these TAS roles to move into more M&A advisory roles like IB/Corp Dev. PwC comp is a decent amount higher due to the $10k salary increase so it makes the decision a bit harder. Would CMAAS make it impossible to make the jump to IB-type roles due to how much technical accounting is involved?

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FDD is the best feeder from a B4 to IB/Corp Dev. Valuation is less good and AAS is a no-go zone. Technical accounting is completely unnecessary for the career goals you describe, accounting skills are important, but it's more about being able to quickly digest financial data and know intuitively how financial statements work.

likesmart

Move CMAAS offer to FDD.

Do not do valuation (assuming it’s mainly SME support for audits or transfer pricing teams). It’s very niche. FDD is easiest feeder to IB. Although I have to ask, in this market why not go direct to IB? At most get one year of experience then join IB.

FDD is definitely better than Val unless you are doing Val at like D&P or HL.

PwC CMAAS is offering 84k???? I say try to switch the PwC offer into FDD if they’re going to pay you 10K more. But FDD > CMAAS

PwC increased everyone’s salary by $10k last month. How easy is it to move verticals within deal advisory if you’re requesting your offer to move from one that you didn’t intern in? KPMG gave everyone a survey and guaranteed Strategy, AAS, or FDD as long as you interned in deal advisory.

That is only for summer 2021 interns. They’re taking away the rotational program starting 2022, which is the only reason they guaranteed Strategy/AAS/FDD to the 2021 interns.

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