Related Posts
Pro
l am currently a rising junior in
college interning this summer at
Amazon as a Business Analyst. I
would really like to break into
product management and believe in
my 5 weeks so far I have shown skills
to back that up. Would it be
acceptable to ask my manager to
recommend me for a product
management internship next
summer? My midpoint meeting with
my manager (and his manager) is
next Friday
Conversation Starter
McKinsey & Company Any advice to help prepare for data science analyst role at top consulting firms (McKinsey & Company EY Boston Consulting Group etc)? Any materials, open source platform recommended to take on freelance data science project? When should I start actively looking and applying? I am a new grad who is working in tech as a marketing analyst I’m looking to pivot to marketing& sales data science consulting next year. Would like someone with similar backgrounds offer some practical tips.
More Posts
Rising Star
Feeling the same?
Job has up to 80% travel PwC
How is typically life for these positions requiring travel? This is for a SWE position.
Currently work with clients is remote as stated by the recruiter. If work is currently feasible through virtual means, will there be flexibility to choose to travel for this position?
I have an offer with PWC and have a family. I would prefer to be with my family.
Anyone interested in career help? 🙂
Additional Posts in Accounting
New to Fishbowl?
unlock all discussions on Fishbowl.
Dead end.
100million is extremely small. With all the regulations and decreasing fees, you need 250-300 to make ends meat. Even with a 3bn dollar fund 3 bad months can put you out of business. I've seen it plenty of times. I've heard from dozens of people the work is great for the first few months then gets repetitive. If you are looking for a good pay bump and (potentially) better work life balance then take it. If you want to me a CFO one day my suggestion is to get more experience in public and leave for a controller role.
there is no path...unless it's some massive asset manager that has 100 million aum.
Auditing some funds right now - it's pretty straight forward and routine, you might get bored soon as there won't be many tweaks
They pay well and have great benefits, but not somewhere you're going to make a career for the most part.
Can go to private equity firm after
Hmmm the pay bump would be about 30% with 10-25% bonuses every year but if it's a dead end I'll have to think twice.
And I would argue $100M AUM isn't that big of a fund. It just means they won't collapse out of the blue.
Go for at least 1 billion aum. 3-4 bil is considered average
Further. Fund accounting is very specialized which is why the pay is higher than avg. Make sure this is something youd like to do cuz the technical skills are often nontransferrable to other industries. Think gov/ nonprofit accting vs manufacturing/ retail
It's routine but pay is steady and hours are way better than public. Go for it if you want an easy laid back lifestyle. Be prepared to leave in 2-3 years or see your career become stagnate. (Unless like others say it's a huge place with billions in assets under mgmt)
What kind of fund?
^senior manager is right on the money. 100mill AUM is incredibly small. I would NOT leave PA for that. Get the interview experience and jerk them around. Do not take it. If you're going to make a move, make sure it's at least 3-5Bill fund and even then it's not entirely safe. Be very careful with funds as they are prone to drastic changes and market reactions
Just completed the interview. It was with a private equity firm called MUFG. They have several funds ranging from $150 million to about $10 billion so they would place me basically on which fund needs the most help at the current moment which most likely would be one of the larger ones.