Is it just me or does it seem like everyone in FDD is in for the long long haul? I remember in audit everyone would talk about quitting or how they're only going to do audit for a few years to get experience and then leave. I'm not really seeing the same in TS. Just my observation.

like
Posting as :
works at
You are currently posting as works at

Except the daily posts about how to transition from FDD to IB, would agree

likefunnysmart

Crazy how much more loyal people are when you pay them adequately for the work provided

likefunny

It’s also about value add. Auditors are dime a dozen. There’s a reason why the Big 4 model results in high turnover every year. Auditors are highly replaceable.

Counting inventory and bank confirmations are not value add. FDD has its mundane and low value aspects, but overall it’s much more important to Fortune 500s.

like

That’s what happens when your job pays you fairly

like

FDD has had a lot of turnover recently, however pre-pandemic turnover was much much lower and most teams had better WLB so it was very unusual to see people leaving like this.

like

I mean FDD pays decently well, has ok wlb (as compared to IB) and is more interesting than audit.

It’s a great middle ground. Not underpaid like audit, obviously not paid as much as IB/PE but also does not have the 80-100hr weeks in IB. Not as boring as industry/makes more than industry. Exits are same/better than audit and can get some banking exits like Corp dev or extremely niche PE. Outside the US (Canada and UK) its quite possible to go FDD to PE deal teams without IB.

likehelpful

Compared to IB it has amazing WLB 🤧

Fewer people, less folks turning over. It happens more in waves in FDD. People like the work more on average but get burned out faster too.

Give it a year or so and you might not have the same observation.

like

Related Posts

Anyone aware about relocation assistance at Goldman Sachs or Capital one?


I have got comparable offer at GS Marcus and capital one (Fixed 50 lacs YOE 6). I am more inclined towards GS from growth perspective. Please advise

like

Hey y'all, kind of a two part question:
1. I enjoy the people management more than individual contributor stuff. What career paths do you see in our industry for people who are managing support engineering teams?
2. What certifications are valued today? Seems like being a AWS Cloud Practitioner is a good general one, but are there others that stand out?

like

Can anyone explain the Chubb underwriting associate training? Is it in person or hybrid? Interview process? Looking to make a transition from education.

like

Hey All...

I am planning to change my profession from fixed asset accounting to Business Analyst...

Is this wise decision?!!!

like

Anyone heard anything or have some advice about someone breaking into tech sales with no degree? I have a family member that is really struggling to get by working retail and I’m trying to help him pivot into a career he is interested that I think will get him to a live-able wage if he’s patient. Any advice or point into potential companies would be greatly appreciated!

like

For anyone that works in PwC’s Cyber Risk & Regulatory - Enterprise Risk and Control Services practice, can you please provide detail about your day to day (workload, hrs, team, travel, etc) and experience so far? What opportunities does PwC offer outside of supporting financial audits within the practice. Thank you for the clarification in advance!

like

What are your tips and tricks to have a great career in FA? What are the things you do that make you super productive and smarter everyday?

like

I have just got an options trader job at a prop trading firm. But I knew nothing about options/trading/finance. The firms said they’ll be officially training us once we start. But in the meantime, what are some books/resources that you would recommend to start learning first?

like

Any KPMG associates who can share org levels. I heard Sr Manger at Accenture, Deloitte is equal to Director at KPMG. Is is true? can some one share insights

Has anyone completed the Sustainability and Climate Risk Certification offered by GARP? Needed some inputs around study materials and practical benefits.

like

I have been in client facing wealth management as an advisor for 10 years. I haven’t built a book of business because I’ve worked for mostly discount brokers (Merrill edge, TDA, Etrade). I want to know how to transition to a non client facing role in wealth management or another financial role. I am series 7 and series 66 licensed. Any thoughts?

like

Hey Fishes,

Currently I’m looking for an opportunity with Big 3 firms.

Presently working with a Big4 firm.
Yoe : 5 years (before MBA)
Qualification : BE, MBA (tier 1)

Hey guys,
I am currently working as an analyst in EY
I'm really interested in stock market and analysing trends and want to set my future in this only so any suggestions what can I do increase my knowledge any course?

The Gradient Group is a place to find active jobs. If you are looking for work please take a look at

We only work with active jobs from companies our members want to work with, which means they go fast.

These applications are not passed-through to another system. We work directly with the hiring manager to get our members access to these career opportunities.

Inclusion lives here.. All levels welcome

Post Photo
like

I’ve been a paralegal for about 30 years in private law firmS. As I get older, I feel like it’s time for a semi-career change. Either an office manager position or perhaps a corporate position where I can travel a little since my kids are grown and I’m an empty-nester. Has anyone made this type of transition? Advise welcome. TIA

like

About to start my first PM job! Any tips to be prepared and ramp up quickly? Books to read, courses to take, etc.. any tips are appreciated! Currently in ops consulting. No tech background.

like

Anyone moved from big 4 to CohnReznick? Even worth it?

like

My girlfriend, 29, is looking to move out of teaching. She is willing to get certifications or designations but has no business background. Any suggestions for career change? Either positions or ways to get into the business world would be great!

like

Hi Fishes,
I got an offer from
Maersk IT department bangalore..
Can anybody say how is the work in Maersk. Is it worth joining Maersk. How are other things in Maersk, like job security, yearly hikes, bonuses etc..
I have one more offer from IBM, with nearly same package.

like

Lawyers in Public Accounting, what have your non-public accounting job experiences been like? If you’re currently in public accounting, are you happy where you’re at or do you aspire to do something different? I’m always curious to hear about career paths.

like

More Posts

Anyone have recommendations for GCs? Looking to renovate a new home in Dallas.

like

https://www.instagram.com/p/CmRsRB1Jt5N/?igshid=YmMyMTA2M2Y=

What do you think?
What should education “be”?

Post Photo
like

Am I crazy for thinking the next ten years look bearish for mega-cap tech? Explanations inside.

like

After two rounds of interviews, agency recruiter asks when I can start. Then asks what salary I’m looking for. Then silence 👻 I followed up last Friday. When should I follow up again?

like

Hi fellow 🐠, I recently moved to Vancouver from Europe, and I’m actively looking for a job. It’s been 3 months and over 200 applications with little luck :( Getting a bit desperate. I’m looking for Project Management/Business Analyst roles. I’ve have 4 years of experience in SaaS implementation and success management. If any of you know of any openings & would be able to refer me, I would be extremely grateful to talk with you. Thanks!

like

I went to a T14 law school, got great grades and glowing recommendations, and wrote (what I thought was) a great writing sample. But I got rejected from all 70 federal clerkships I applied to. The only thing I can think of is: I took a non traditional route after law school and did a 2 year public interest fellowship in a niche field of administrative law. The rejection gave me a lot of self hatred. I still really want to clerk. Any advice? What is wrong with me? I feel like a failure.

like

How do you and your partner (married or not married) split financials?

like

What's your favorite story helping someone buy a home? I'm going through the process now and it's so stressful. I need a little positivity :)

likeuplifting

IPOB is up 133% on the year. Would you buy IPOC right now as it’s only up 5%?

like

In your opinion - What type of property is the easiest to sell?

like

I have submitted all the documents for pwc mumbai this Monday and today is Friday. Not recieved any call from HR till now? Anyone knows how much time it will take?

like

While Indian consulting folks supporting the US folks do the bulk of the analysis, churning out the data and making the ppts, all the US folks do is attend meetings. Most of know basics of neither Alteryx, Power BI nor Tableau, while everyone in India is expected to know all the three. Most of the times we are expected to work till their afternoon (our Midnight)

(POV: MC in one of the Big 4)

PS: Also let me know if it's not the case in your BIG 4 company, I will gladly join it 😉

like

Anyone who has been through both rounds at MBB - does case difficulty get any harder between round 1 and 2? Or is it just the level of interviewer?

like

Is finding a Generalist position for more than 50k but with me having less than 7 years of HR experience reasonable? Is a generalist position the best next step to get more experience? I have a masters in HR and my SHRM-CP certification. Any advice on upward moving in the industry is welcomed. Thanks in advanced

likehelpful

Can someone please let me know what is the maximum salary that Deloitte India offers to Consultant?
YOE : 4.5
Current offer from Deloitte: 16 fixed
Offer from another MNC: 18.9 fixed

Will Deloitte India be able to match the offer if I renegotiate?

like

Do we have Citi development center in Bangalore Citi Citicorp

like

Can anyone refer to me in Cvent, Gartner or Deloitte?
.
YOE: 7+
Location: Gurgaon
Area of expertise: Content, Social Media, & Digital Marketing
.
TIA🙏

like

Hi fishes,
Looking for referrals in automation testing.
Tech stack - Java, selenium, TestNG, Cucumber, Postman API.
YOE - 4

Notice period 30 days. Chennai location preferred

like

Seth Davis looks like an idiot

like

Additional Posts in Transaction Services, M&A, Deal Advisory

Valuations or FDD? Trying to decide which team has the best exit opportunities/WLB/interesting work.

like

Anyone in EY Divestiture Advisory Services? Trying to get a sense for what this is (besides what I can guess from the name). Is this in EY Parthenon?

like

How long do you think this M&A slowdown will last?

like

So do higher ups (managers/directors/etc) in FFD talk to each other about the progress of seniors and associates in a similar manner to how the staff are ranked during audit roundtables??

like

When do I begin adjusting? It’s been 4 months. I joined as an associate and I feel like sometimes my work is sloppy or I’m overwhelmed. I’ve gotten feedback that I’m making progress but that sounds fake. I’ve also gotten feedback that my work is sometimes sloppy. The last report I helped write had a ton of write ups on it. Feels like I’m about to get fired.

like

What to expect for NYC M&A FDD base salary at M1 level?

like

Anyone recently had an interview at EY for experienced associate for FDD?

like

What’s the difference between FAAS and FDD? Also which one pay better?

like

For those in big 4, how much time between accepting an offer and start date have you been able to ask for? Is a month feasible/how should one phrase it? Two weeks just doesn’t feel like enough with this heavy burnout/having to wrap up deals at old firm

like

What is the difference between financial due diligence (FDD) and delivering deal value (DDV) at PwC?

like

What firms have gone fully remote for FDD?

Has anyone moved from FDD to Strategy? I have an offer for FDD but long term goal is to break into strategy. Don’t want to have to get an MBA unless it’s firm sponsored…and FDD is easier to get in compared to Strategy

like

Looking for an SM+ leader in healthcare financial due diligence and analytics to join our team. DM for more information!

like

Who wants out of FDD? If so, what’s your ideal exit in 2021?

1- grad school (mba/law)
2- IB
3- other finance role (e.g. FP&A)
4- other consulting line
5- turn your hobby into a side business
6- nah, FDD forevs

like

Is it worth considering a career in Restructuring Consulting in the long term given that their work can be quite cyclical and hinges on the spectrum of the economy.
Or have I misunderstood this? Are the teams always busy with projects?

like

Anyone in FP&A hiring?

like

So I internally transferred from audit to FDD last year but my old audit team still reaches out with questions (especially because it’s busy season now). What do you y’all do in these scenarios?

like

Writing a report for the first time and feel way in over my head. Team didn’t discuss what adjustments we want as a group before divvying up—new transfers what has been your experience?

How many hours would you work when you have your 2 weeks in? Would you work weekends?

like

Has anyone here considered exiting for a PE Fund of Funds?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal