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Asked 1356 views Translated from Croatian .

Koliko teško je pronaći emtry level poziciju u financijama(financial analyst rola), a da nije u pitanju BiG 4?

How difficult is it to find an entry-level position in finance (financial analyst role) that is not a Big 4 position?

How difficult is it to find an entry-level position in finance (financial analyst role) that is not a Big 4 position? How much experience is gained in the beginning?

career college business finance accounting financial-planning any financial-accounting
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Sneha’s Answer

Hey Marko! It’s definitely possible to find an entry-level financial analyst role outside the Big 4, but it can be competitive, especially in major market so standing out with internships, Excel/financial modeling skills, and networking can make a big difference. Many roles exist at investment firms, banks, corporate finance departments, and startups, not just the Big 4. In the beginning, you'll usually gain hands-on experience with budgeting, forecasting, variance analysis, and reporting, along with learning how to work with cross-functional teams. The first year is often a learning curve, but it builds a strong foundation for growth. Keep building your skillset and applying consistently, and the right company will find you. Good luck!
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Dariya’s Answer

Hi Marko,

You've asked a fantastic question, and I completely understand the nerves around landing your first entry-level job in financial analysis. I want to reassure you that while it can be a bit of a challenge and may take some time, it is definitely achievable. Many employers are eager to find someone who's ready to learn and won't be put off by a lack of experience. When applying and interviewing, focus on showcasing your strengths, your proactive attitude, and your adaptability. Also, spend some time getting familiar with the basic tools needed for the role you're interested in, as this will make you stand out and be incredibly helpful once you start.

At the beginning, it might feel overwhelming to take in all the new information, but remember, it's perfectly fine if it takes a little while to get used to the new environment. One great piece of advice I received from my manager was to never hesitate to ask for help. Being part of a team means learning from others and sharing knowledge. You'll likely gain a lot of insight into communication, operations, analysis, and reporting.

Wishing you the best of luck!
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William’s Answer

Financial Analyst role is better for practitioners who have a strong backbone in finance. However, you can engage in entry level opportunities or graduate training programs in finance or accounting to start with. Companies that are into financial and accounting advisory and consulting services are best for gaining industry experience. McKinsey, Pricewaterhouse Coopers, KPMG, Delloit, Ernest & Young and the likes are good opportunities to experience internships, graduate training and entry-level roles as global brands. Many local accounting and finance companies are so efficient for entry-level opportunities for Financial Analyst role.
Bloomberg and Investopedia, and Wall Street Journal are good for increasing your knowledge in financial analysis knowhow.
You can boost your chances of working as a financial analyst by enrolling with Corporate Finance Institute (CFI) in their programs.
Training in financial analysis software solutions starting from financial and accounting book keeping, auditing and analytics applications like are common among Oracle, Microsoft, Amazon Web Services, Zoho and more. Desktop or cloud based apps like Sage, Peachtree, SAP and likes can help in your knowledge of financial analysis development.
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Lindsay’s Answer

Hi Marko,

I agree with Sneha. It is absolutely possible to find a role outside of the Big 4. Every company, non-profit, startup, etc. needs a finance person in some form.

In addition to the internships that Sneha mentions, I would also encourage you to look for rotation programs. These programs are often targeted towards people who have just graduated from college. Many large, global companies have them and it provides you a way to get your foot in the door and experience different areas of finance before settling into which one you want to be your focused on in your early career.

Cheers,
Lindsay
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Zach’s Answer

There are many opportunities for a financial analyst entry level role that are not in the Big 4. But that doesn't mean that getting a position at a firm that isn't part of the Big 4 will be easy. The job market is highly competitive either way. So yes, there are many opportunities for financial analysts outside of the Big 4, but you will need to still showcase your knowledge and desire to be in that field.
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Joe’s Answer

Marko,

I think Lindsay's advice was spot on and be very helpful toward your goal. As you approach your school's career fair, talk to your potential companies about your interests, FP&A, and any rotation programs they have as this is typically a key facet in most rations.

Good Luck!
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