Tricky decision or is it?

ACCA
#1

Hi all,

After a long few months I have two offers in audit:

  1. KPMG small regional office £23000 ACCA
  2. PwC London £27500 ACA

Now does my logic make sense because I am completely stuck??

-whilst I am aware that PwC is number 1 in terms of size I am more impressed that KPMG is the number one big company to work for which says a lot about their culture.
-I would favour having the greater variety of clients in a small regional office and then move to London after qualification, is this really as simple as the 2nd/3rd year’s told me on lunch to transfer into London after 3.5 years?
-I had greater chemistry throughout the KPMG process.

Overall, everyone of my close friends says I literally cannot turn down PwC London, but any feedback would be great because im edging towards KPMG!

#2

Hey Pats1252,

Well done on getting two offers. First of all, the salary should be the last thing that you need to consider because you will be with either employer for at least three years.

Secondly, it depends totally on you. If you want to experience a broad range of clients in different sectors, then KPMG is bound to be your no.1 choice. PWC London (depending on your sector) will probably offer you work at a FTSE100 company and you will be there for most of the year. Strike the right balance between variety and specialisation.

Thirdly, I think that you should go with the employer where, as you rightly said, you had greater chemistry. If PwC did not do it for you, then just because it is the No.1 and you are getting paid more, you will sacrifice that enjoyable aspect of every job:the people!

Finally, I am also going for a regional office because I want the variety and only after having experienced all the different sectors, I will make the ultimate decision in which field to specialise. I don’t think the transition to London is a problem for either employer.
Hope this helps.

Good luck with your choice and hope you make the right one.

#3

I know at least 8 first years with PwC London working in audit in the LTT (London Top Tier) which is FTSE clients. They are generally spending 1,2, 3 or 4 weeks on any one client. Not all year.
The cost of living could be a factor. London is dear but great fun.
Good social life in London with PwC. The various year groups are organised into social groups fpr dinners, Wimbledon trips etc.

#4

I wouldn’t pay attention to salary or to what your friend tell you, it’s your decision to make. At first glance PwC would seem like the best option, but you have to pick the best place for you. You’re going to be spending a LOT of time at work, and you need to work in a place you enjoy or you will go crazy! However, London is a great, great place and if it was my choice I’d be worried about the nightlife/weekend life in a regional office. You mentioned you felt most comfortable at KPMG, why was that out of interest?

#5

Personally both interviews were a lot more friendly and 2 way, as opposed to PwC. My gut feel is that I think the initial 3 years I should focus on my exams and settling. Small regional office gives me the chance to be a bigger cog in the team, and I could afford a flat within 5/10 minutes of the office. So I could be home and studying quicker, London I would live in the outskirts and have the long commute everyday.

If I knew I could finish my ACCA and then move to London for the rest of my career then that would be fine. I can’t imagine they’ll be a great deal of clubbing in these years anyway? I just wonder how future job prospects will look with small clients and not being in the financial hub of London?

#6

Future job prospects will be fine - you have said yourself you will get variety of work and afford a good place to live - go for it!!

#7

Depends what your future career ideas are. Difficult question given you haven’t even started your first job yet! If you want to work in banking, investment management or maybe even a consultancy - the prospects are undeniably better in London. Then again, the advantages you list of taking the regional office shouldn’t be overlooked either.