Need Advice on Job Prospects

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    Topic
  • #161324
    ramirezp3
    Member

    Hey everyone,

    Just to tell you a little about my background. I

    graduated with BS in Accounting, with Minors in

    International Business and Military Studies (I did ROTC)

    with a 3.45 GPA from Penn State University (Main Campus)

    in 2010. I’m also pursuing my MS in Accounting &

    Financial Management at Temple University and currently

    have a 3.89 GPA with only two semesters left.

    Okay here is my question. I recently did an Assurance

    internship with Mitchell & Titus (member firm of EY) in

    NYC, and they offered me a full-time position at $50,000

    starting in Sept 2012. However, I feel the starting

    salary is too low for NYC, and I feel I can do better. I

    have only 2 weeks from today to accept/reject this offer.

    I want to apply to Big 4 and see if I can get a better

    offer for next year. I am such a hard worker and I want

    to be rewarded a bit better for it. Your thoughts?

    Thanks in advance for any feedback!

Viewing 5 replies - 1 through 5 (of 5 total)
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  • #292880
    Peanut
    Participant

    I lived in NYC for a few years, and their starting salary for me was garrrrrrbage. I had a BS in accounting and a 3.8 GPA. That's why I took on the CPA exam. Honestly fresh out of college at 50K isn't too bad. It's the fact that NYC is so expensive that makes it a toss up. I can't really give you career advice but, why don't you check out indeed.com and look at starting salaries for what you want to do. I had a friend that started at a big 4 fresh out of college in NYC at 55k plus a 5k sign on bonus. Depends what you really want to do instead of how much you want to get paid! (so they say..)

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    #292881
    rknight21
    Participant

    OP how was your experience at Mitchell & Titus? I have heard of them before?

    #292882
    jelly
    Participant

    That's about right for a first-year in a firm that size, unless you are bringing a black book of billable clients. The differential for other first years is not that much higher, just a smidge higher on the tax or consulting size, but not significantly more.

    Couldn't pass again!

    #292883
    rknight21
    Participant

    ^^ I agree.

    OP what is M&T's overtime policy? If am I not mistaken these big4 firms do not pay overtime for the extra long hours that is expected of workers?

    #292884
    Anonymous
    Inactive

    In California, that sounds like the average rate if you are a non-exempt employee and they are paying you overtime. If you are exempt and arent getting paid overtime, then I would expect the rate to be alot higher. I know the cost of living is higher in NY than CA, so I would expect starting rate to be even higher than this.

    Also, starting sept 2012? i dont know if i would take an offer that far in advance. What happens if you get a better offer in the next year?

Viewing 5 replies - 1 through 5 (of 5 total)
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