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What is your exit strategy for leaving the Big Four, or do you even have one?


You may recall this scene from the Count of Monte Cristo, where after many years in prison, Edmond Dantes, receives a visit from a fellow prisoner, an old priest, who had spent the previous five years digging an escape tunnel in the wrong direction and ended up in Dantes' cell. The old man tells Dantes that if they both work together, they can start a new tunnel and perhaps reach the outer wall to freedom in maybe eight years.
How does that sound for an exit strategy? Sounds a lot like the path to partnership -- toiling away in a dark prison day in and day out for eight years with just the hope that there could be freedom at the end of the tunnel if you survive long enough to reach it.
I was talking with a friend the other day who decided to make his exit from a Big Four firm at the senior level, perhaps a couple years away from making manager. He went in house to work for a small start-up, where he has been for the last few years. He opined that, unlike back in the day, a junior-level accountant no longer must reach the manager level or higher before leaving the Big Four in order to reach the top echelons of the business world on the outside (i.e., CFO of a public company, etc.). He thinks that just having the firm's name on your resume and a couple of years experience learning the ropes is sufficient for the ambitious accountant looking to take his leave of the Big Four and climb an outside career ladder all the way to the top.
So what's your exit strategy? Or do you just plan on tunnelling your way to partnership over the next eight years or more?

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    My strategy is to marry one of the single female managers in the New York office , help her become partner, and then retire to be a stay at home dad while she brings home the bacon . . .

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    Big Four are definitely making compensation adjustments. No raises unless promoted, and new hire offers are changing. You can read about it at retheauditors.com

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  4. To respond to 9-3-09 11:23 PM: that's a good topic for a new blog post -- so we'll make it a separate post or several separate posts.

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  5. I'm a huge pothead, and I love how the big 4 doesn't drug test. This has gotta be one of the highest paying legitimate entry-level jobs that does not drug test, which is nice coming out of college. what i don't understand is how people can work these ridiculously long hours doing this boring as shit work and NOT smoke as much bud as me. I'll stay here until i'm coached out or they ask for my peepee, then its back to school to become a professor.

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      I completely agree with you. However there is so much politics in a Big4 firm that I can't afford to be depicted as a pothead. There are potheads out there probably not that many but those that do they just keep quiet about it.

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