A friend of mine, a recent graduate from one of the premier business schools in India, called me, his predicament, he is an engineer from a tier-2 engineering college in India and an MBA, and yet, he has not managed to even remotely come close to a job offer His business school finished the placement season few months back, after managing to place approximately 50 percent...

Recession has affected almost all of the industries in India. Big 4 firms  despite their might have been having a tough time dealing with the recession. One chain of thought argues that big 4 firms should, to some extent, be sheltered from the current crisis. Their type of client, the large private and public multinational company, will invariably have a legal requirement...

It is clear that recession has affected most industries, while investment banking has been affected the most; the consulting industry has also been affected to a large extent by the sudden and unexpected downturn in the global economy. The current liquidity crunch in India seems to be creating a problem for Consulting Firms as many of the corporate clients are delaying...

Big 4 accounting firms are amongst the most coveted and renowned firms in India. Approximately 50 – 55 percent of the workforce comprises of charted accountants, 35-40 percent being occupied by MBA’s and Engineer’s and remaining by other specialized degree holders. Getting Hired Getting into a Big 4 firm in India is a difficult task. Barely 3-5 percent of the hiring...

Times of India recently reported that the CA institute, ICAI, has shot off letters to 12 Indian chartered accountancy firms that have affiliation with international entities. These 12 firms have now been asked to furnish documents relating to various aspects of their dealings with the international entities including contract details, arrangement of sharing of fees/profits,...

Auditing and consulting firm PricewaterhouseCoopers (PwC) maintains that it did not play any role in the alleged financial irregularities of  fraud-mauled Satyam Computer Services Limited, but is looking back at “significant lessons” from the controversy linked to accusations that its  partners rubber-stamped doctored accounts in the company. It does not expect...