It’s going to take open-mindedness on the part of those responsible for making hiring decisions, and good self-selling skills on the part of job seekers coming from mid-tier firms to gradually change the perception that training at a Big Four firm is by default the best route for aspiring professionals to take right out of school.

I’ve recently left the largest of the big 4 to join a smaller, sector specific consultancy, and I can say with a fair degree of confidence that irrespective of whether you’re at a big, mid, small or boutique style firm, what really determines one’s career progression is the will of you’re superiors. If you are lucky enough to be part of a team which nurtures development, encourages leadership and innovative thinking, and willing to promote the hell out of you to partners/directors, then your career will look after itself. If you are in an area which is looking to consolidate, or does not have a culture of fast-racking careers, then often your best efforts can be in vain. I’ve seen guys work their asses off and earn big buck for the firm only to be overlooked for promotion, whilst other, less dedicated and talented individuals seem to get the better opportunities, and ultimately the better position within the firm. Good luck trying to fast track your career in the corp fin divisions in any of the big 4 unless you’ve got someone above (and I don’t mean God) looking after you and actively endorsing your skills. Having said all that, I cannot argue with the fact the big 4 experience tends to speak volumes to employers, and can be embellished without too much scrutiny. Some argue exposure at big 4 is the distinguishing factor, given the number/volume of clients from various sectors. However, there is no point working on multiple engagements across numerous sectors if all you are doing is glorified admin work. Smaller firms may not have the variety of clients, but you will find yourself adding significantly more value per engagement.

1. all training/exam/membership fees are covered

2. big firm experience will make them more marketable, regardless of their actual skill aqcuired.