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McKinsey & Company What is the typical career progression for an average to above average performer at McKinsey? Would be helpful to get context on title and comp progression from undergrad to EM level.
Mainly asking bc I heard the two main paths are 2 years as BA > EM or out with the rare promotion to ASC for those who started out of undergrad. But 2 years to manager seems pretty difficult and how would BCG/Bain compete with that? McKinsey & Company
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Shooters shoot boys. 29 here.
Anyone else into Bank Bonus churning?
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All right people. LET'S FILE SOME TAX RETURNS.
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My friend is an accounting manager at Connor group and makes over 150k with no certification.
It’s possible to do very well without a CPA license, however it limits your options and makes it more challenging. I know a guy who made partner without a CPA license just because he was so good at selling and brought in so many clients, then told the firm either they promote him or he takes his clients and goes elsewhere, so they promoted him.
If you can become a very valuable employee then even without a CPA you won’t really be limited. However, it will make switching jobs harder because on paper you won’t look as valuable as other candidates.
I’d take a look at what it is that’s preventing you from passing and see if anything can be done to change that. Maybe some experience working in the field will help you understand the stuff you need to learn better?
There is a downside to not having a cpa especially if you have no public accounting or big 4 experience but experience matters more. I’m not a cpa and don’t think it’s slowed down my progression since I left public after 4 years as a senior and im a manager in industry with 6 yoe. As long as you have the experience and are good at your job and you interview well, you can make a career in accounting without a cpa. Just know that it’ll be hard to make it in public without one.
Look into SuperfastCPA. I used it along with a main review course and passed after repeated attempts where I failed.
Are you currently using Becker to study? If you are, there are other study materials available to try. There may be good opportunities without a CPA but they may be more difficult to find and if you want to stay in accounting there may be a ceiling of how far you can progress without your CPA.
There is a downside to being a CPA once you qualify for the executive suite: it's called Ethics. I have had 3 CFO positions and have been miserable because the CEOs don't like to hear "no". And when you get overridden and things go South, your professional and personal lives are at stake. They can go after you personally whether you are a CPA or not. But, that's where the big money is.
I make over $100,000 and I am not a CPA and have no desire to do it
How so