So does it usually happen that advisory people get a transfer to audit easily or is yours a one off case? Like as you mentioned yourself that both are quite different fields..
actually, i myself got in ey risk advisory dept. and have started CFA like you did. And though i havent started much work yet, but from what im hearing from seniors is that advisory will only build one's career in internal audit. Is it true? Especially moving to a CFA related job after 3 years?
You can change, but its not easy. Obviously after 3 years when you go for an audit related job and they see you have experience in advisory, they wont want to hire you.. They'd probably hire someone who has audit experience. So yeah its a bit difficult to change line of service. If you really want to change your line of service, try to do it right now.. dont wait 3 years. If you're sure you dont want to work in advisory, move as soon as possible since you're only wasting your time by getting experience in a field in which you dont want to make a career in! I definitely am one of the one off cases.. the rest of the people hired, they are all from audit.
I see i see, Very informative... And am i right when i say that we are wayy past the age when we can get jobs abroad while sitting in pak? I mean if we are commited towards working abroad, we have to take the risk of leaving our job here in pak and going abroad for a job hunt.... because i dont see any pakistani firm giving us a month or two off any time of the year.
I personally think that this can usually happen. No matter whichever service we work in during our 3 year training period, we can always change our service after membership... Altough the 3 years can have a huge influence in getting us a job in a relevant field, like internal audit for you, but you will always have a choice of switching services... I guess thats when your real career starts.
I got job abroad while sitting in pak
.. but again depends on your luck.. I consider myself very lucky to have this opportunity. But you know if you are in an audit firm, specially in Ernst and Young, at the end of the articles you get chances to go abroad for secondments so that can help you secure a job abroad. Secondly, once you spend 3-4 years in an audit firm, you develop relations with your seniors and colleagues who go on abroad.. so when your article-ship ends, you can give them your CV and ask them to refer you.. this again helps you alot.. So for people with Big 4 experience, moving abroad is not difficult.
As for the career change, thats a misconception that you can change fields. Its not easy.. im a one off and i had to take a few sacrifices to change my field (lower position and lower salary). So if you want to spend your articles in advisory, and then move into audit.. you cant expect to get the same salary and same position as those people who have spend their entire articles in audit. So even if you switch, you will go one level below your fellow collegues from audit. So its best to pick a service line where you want to make your career, and stick to it. Be it TAS, Advisory, Audit, Tax etc.
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So does it usually happen that advisory people get a transfer to audit easily or is yours a one off case? Like as you mentioned yourself that both are quite different fields..
actually, i myself got in ey risk advisory dept. and have started CFA like you did. And though i havent started much work yet, but from what im hearing from seniors is that advisory will only build one's career in internal audit. Is it true? Especially moving to a CFA related job after 3 years?
Btw, if you want to move to a CFA related job, both advisory and audit are irrelevant
.. so you can do your articles in either one of them, wont make much difference. CFA is a completely different field and not much of your audit or advisory experience is going to help you with it.
