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Vault Message Board: KPMG

Topic Name: Where to After 2 Years?
Message Name: Easy
Date Posted: 02/16/2006
In Reply To: I've been reading on this board and others that, for someone in audit, the best route to B-School is to lateral out after 2 years with the CPA, work for another 2 years to diversify experience, and then go for the MBA. My question is, what are the common exit options for a big 4 auditor with 2 years experience and the CPA that would be competitive for a B-School application? Also, is it difficult to lateral out after 2 years? Or, if one is diligent, networks with clients, and contacts headhunters, is it an easy move if one wants to do it? Thanks.
Message: You may have a problem. Most states require you to have five years of college (150 credit hours) or a masters just to become a CPA. In many states students are taking masters classes right out of undergrad to meet the 150 credit hour rules. Putting that aside, you will not have any problems finding a job after one or two years at a Big 4. In the northeast we get headhunters leaving messages several times a week. Especially with the new Sarbanes rules, many companies are looking for CPAs. Networking with clients can help, but usually clients your clients will not take you, especially if they are a publically traded company because of independence violations. Your only problem will be that with two years experience you will not be moving laterally into a manager position. You really need three years in a Big 4 so that you are a Senior for year before you leave to go to another company. Although your 2 years in, two years out plan should still get you into an MBA program.

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