/biz/ - Business & Finance

[Anonymous No.11555916]

Opinions? Got a message from one of their heads-hunters asking me if I was interested in a stage with them

[Anonymous No.11555924]

>>11555916
They're a good company. I don't even know why you're asking here. Obviously respond, retard.

[Anonymous No.11555934]

>>11555924
I did and sent my CV already
I just wonder why they would be interested in a bachelor student and how's life in the company in general

[Anonymous No.11555935]

>>11555916

You will get shit pay.
You will work ridiculous hours.
You will no absolutely zero work life balance.
Your average hourly way will be the same as the dude who cleans the toilets.
Your colleagues will all be NPC normies trying to climb the corporate ladder pathetically.
Your bosses will use you as a slave in order to enrich themselves.
You will have to drink the coolaid of some absolute bullshit corporate culture.
You will be surrounded by people who are there just because the name is EY and have no goals or ambitions of their own aside from getting a CPA.

STAY THE FUCK AWAY.

Please, you will thank me.

[Anonymous No.11555953]

>>11555934

>I just wonder why they would be interested in a bachelor student

Because it is a fucking meat grinder and you are the next chump

[Anonymous No.11555959]

>>11555935
lol this. I work at another B4 firm.

[Anonymous No.11555993]

>>11555935
accurate

[Anonymous No.11556041]

>>11555935
Fuck anon. I have been NEET for 9 months now. I'm broke and have to go back to a wage cage. I was mentally psyched and ready to did it, but then your post just took the wind out of my sails.

HOW THE FUCK DO PEOPLE LIVE LIKE THIS?

[Anonymous No.11556051]

>>11555959
It can't be all bad surely?
Presumably he'll be on a very high 6 figure salary if he can survive for a decade or two? And he'll get to work with business cuties like pic related.

[Anonymous No.11556062]

>>11556051
It's fucking terrible. 80 hour weeks+ during busy season. Very, very few people last 10 years. Most people stay less than 5 years.

[Anonymous No.11556076]

>>11556062

Most people stay until they get their CPA and then leave.

Most of the work EY / Big 4 does will be automated by crypto and machine learning within a decade anyway.

[Anonymous No.11556091]

>>11556076
>will be automated by crypto and machine learning

Some of it will be. There's far too much judgment needed to replace most of it though. Nearly any other job is at a higher risk.

[Anonymous No.11556096]

>>11555935
this and only this.

Don't throw your life away for a meme.

[Anonymous No.11556102]

>>11556091

Well the whole meatbag wageslave part will - audit.

Then what will they have left? Advisory?

You think a bunch of fresh faced dipshit uni grads will be able to sustain the consultancy arm of the Big 4? They are a fucking joke.

All they are good for is signing off dodgy accounts.

[Anonymous No.11556127]

>>11556102
Audit still requires lots of professional judgment. I work in corporate tax but we serve as audit specialists on the tax side of things. A lot of the boring shit like ticking/tying, scoping, and testing could be more efficient, but it's not going away any time soon.

[Anonymous No.11556136]

>>11556127
*specialists on the audit side of things

[Anonymous No.11556372]

>>11556127
>>11556136
>professional judgment
Worked in B4 in my country and I know for sure professional judgment is bullshit. The partner in my team cant even explain the underlying statistical reasoning of the sample size he chose and just spouting "the guidebook said so".

[Anonymous No.11556407]

>>11556372
You're not in America. It's completely fucking different with Sarbanes Oxley and very tight regulations. When they AICPA and PCAOB review are work, we can't just say "the guidebook said so." It's far more than analytical procedures.

[Anonymous No.11556424]

You're not in America. It's completely different with Sarbanes Oxley and very tight regulations. When the AICPA and PCAOB review our work, we can't just say "the guidebook said so." It's far more than analytical procedures.

[Anonymous No.11556500]

>>11555916

Which department is the offer for?

Stay away from Audit/Tax unless you want to be unemployed after 10 years (AI).

Financial Advisory (I believe it's TAS/Transaction Services in EY) and Consulting is pretty decent but don't stay there for more than 2-3 years -> Try to get to an Associate/Manager level and then try to jump to IB/Consulting/Strategy/Corporate Development, or Business school.

[Anonymous No.11556530]

>>11555934
C'est sympa, mieux que KPMG ou Deloitte en tout cas.

[Anonymous No.11556542]

>>11555916
EY loves Sergey

[Anonymous No.11556614]

>>11555916
>stage
French/Dutch/Flemishfag detected.

[Anonymous No.11556625]

>>11556500
>AI replacing tax function

[Anonymous No.11556844]

>>11555935
2-3 years and out is the routine. You sort of need their name or any other Big4 on your resume if you want to get to upper management anywhere. It's great if you're young and normie

[Anonymous No.11557043]

>>11555916
soul sucking job incoming. You will want to kys in about a week.

[Anonymous No.11557075]

>>11556102
You have no clue how audit works, right? Just spread the word of BS. Everything will be automated. AI will ovetake the world...get the UBI ready

[Anonymous No.11557092]

>>11556500
And now AI overtakes even the TAX accountants. Oh dear.../biz/ is doomed with the few low IQ fags which are left

[Anonymous No.11557146]

>>11556136
Do it faggot, what level are you entering at? I did four years, left as manager. Place was a fucking snake pit but had some good times.

Make sure you get that asshole nice and lubed up for mr shekelstein. Seriously work out what you want to get out of it before you go in there. Try to do financial services if you can. Are you doing external audit or internal audit? Technology or accountant side of things.

[Anonymous No.11557187]

>>11557092
You fucking brainlet, if ai is able to interpret tax legislation for corporate clients and provide advice it would basic have general intelligence, moving quickly to super intelligence meaning the demon is nearly summoned and we have bigger problems than losing our jobs. Have you looked at tax law? On the audit side, everyone talks about automation but no-one has properly implemented it. Not concerned. Audit is versatile and you can jump off into lots of wage cuckery from there

[Anonymous No.11557347]

>>11556625
>>11557092
>>11557187

>It’s expected that by 2020 accounting tasks, including audits, payroll, tax, and banking will be fully automated with the use of AI-based technologies.

https://www.mckinsey.com/~/media/McKinsey/Industries/Advanced%20Electronics/Our%20Insights/How%20artificial%20intelligence%20can%20deliver%20real%20value%20to%20companies/MGI-Artificial-Intelligence-Discussion-paper.ashx
https://www.accountancyage.com/2018/07/20/will-ai-help-or-hinder-the-future-of-accountancy/

>EY, Deloitte And PwC Embrace Artificial Intelligence For Tax
https://www.forbes.com/sites/adelynzhou/2017/11/14/ey-deloitte-and-pwc-embrace-artificial-intelligence-for-tax-and-accounting/#26a91e5c3498

Buttblasted taxcucks detected

[Anonymous No.11557379]

>>11555935
>>11555959
same thing at any consulting firm

[Anonymous No.11557670]

>>11557347
accounting tasks, including audits, payroll, tax, and banking... Essentially admin tasks that big four don't do or don't want. You think they process payroll? What does banking mean? M&a? Bond issuance? What does audit mean to the author? Checking how transactions are categorised against accounting standards? Assessing process maturity? Ai is doing this by 2020?

Do you know what these firms actually do? The material in that second link is absolute bullshit, if anyone manages to automate consulting services in the next 10 years it won't be the big four and it will require general intelligence AI. Again, this is summoning the demon and it will fucking kill us.