{ "media_type": "text", "post_content": "is it a good move to take an industry role (financial analyst) to gain some relevant experience and come back to B4 (transaction advisory) down the road?", "post_id": "5f32a2927555fa0024b6af7e", "reply_count": 11, "vote_count": 1, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

is it a good move to take an industry role (financial analyst) to gain some relevant experience and come back to B4 (transaction advisory) down the road?

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No.

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can you elaborate more?

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Nope

can you elaborate?

No

Very hard to come back to b4 from industry once you leave as so different. You are only a consultant- you need to learn all you can in b4 early in your career. Employers want b4 experience. B4 don’t value industry experience nearly as much. You learn so much faster in b4 that you will be behind peers when /if you return. Don’t leave b4 early with intent to return - nobody does this. Stay as long as you can and leave for industry with general intent of staying. If it doesn’t work out, you can come back but this works much better at the mgr level and above. I’m in tax so keep that in mind too.

All the boomerangs back to EY i’ve seen have been behind where they would have been if they had stayed. what experience do you hope to get from going to industry?

That won’t differentiate you. They want people who can be on it 100% of the time depending on when dealflow hits. You’ll learn how to do that on the job.

Firm to industry later and permanently always works best. More experience, relationships, and hard work early. That Experience and those relationships pay exponential dividends by the years invested once out in industry - both for you and your friends back at the ranch.

From someone in audit who has been trying to transfer to consulting. Does it make sense to go into industry given consulting jobs have slowed down?

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