#Deloitte #Tesco #internship #graduate #careeradvice #UKjobs
🤔 Would I be crazy to reject Deloitte? 🤔
So, you’ve found yourself in the enviable position of having two internship offers on the table. On one hand, there’s Deloitte – a global powerhouse in consulting and professional services. On the other, there’s Tesco – a household name in the UK retail industry. As you weigh your options, it’s essential to consider the long-term implications of your decision. Let’s break down the pros and cons of each opportunity to help you make an informed choice.
Deloitte vs. Tesco: A Closer Look
Location and Commute
Deloitte:
– Based in Birmingham, which means you’ll need to find accommodation and live independently
– Commuting costs and time investment to consider
Tesco:
– Live with parents and save on rent and living expenses
– Short commute or remote work options for better work-life balance
Salary and Benefits
Deloitte:
– Initial salary of £22k, with potential for growth up to £28k over three years
– Qualifications include ACA and CTA, offering a strong foundation for your career
– Limited benefits and potential for a demanding work schedule
Tesco:
– Starting salary of £33k, with gradual progression to £35k over three years
– Opportunity to pursue CIMA qualifications for career advancement
– Attractive benefits package and a significantly better work-life balance
Career Growth and Development
Deloitte:
– Fast-paced and challenging environment with potential for rapid career progression
– Exposure to high-profile clients and complex projects
Tesco:
– Clear path for career advancement with opportunities to explore different subdivisions within finance
– Emphasis on professional development and a supportive work culture
Financial Implications
Deloitte:
– Limited potential for saving due to higher living costs and lower initial salary
– Prestigious name and experience may open doors for future opportunities
Tesco:
– Significant savings potential by living with parents and higher starting salary
– Strong focus on work-life balance and financial security
Making the Decision
From a financial perspective, the Tesco internship seems to offer a clear advantage. The ability to live with your parents and save on living expenses can significantly impact your long-term financial stability. However, it’s essential to consider the potential career trajectory and opportunities for growth that each internship affords.
While Deloitte may come with a prestigious name and the potential for challenging and high-profile work, it’s crucial to weigh this against the demanding work schedule and potential financial strain. Tesco, on the other hand, offers a more balanced approach with a focus on work-life balance and the opportunity to save significantly during the internship period.
Ultimately, the decision comes down to your long-term career goals and personal priorities. Here are a few key questions to consider as you make your choice:
– What are your career aspirations, and which internship aligns more closely with your long-term goals?
– How important is financial stability and the ability to save during the internship period?
– Are you open to the challenges and demands of working at a prestigious firm like Deloitte, or do you prioritize a more balanced work-life approach?
In closing, it wouldn’t be crazy to lean towards the Tesco internship, especially given the substantial difference in potential savings and the emphasis on work-life balance. While the allure of Deloitte’s name and experience may be strong, it’s essential to prioritize your personal well-being and long-term financial security. Trust your instincts and make the decision that aligns best with your career aspirations and overall quality of life. After all, your internship experience will lay the foundation for your future career success.
I don’t think there’s anything wrong with taking the latter. Better salary, WLB, can save more money, and Corp fin is sometimes an exit opp from big 4 so you’re already one step ahead with it in some ways from Deloitte.
Birmingham? Based on that alone I’d take the Tesco job instead.
There is no doubt, Tesco.
I think your deloitte salary figures are a bit low. Starting is normally around £28k no?
The latter sounds great tbh. Everything you described with that option will be what ultimately matters anyway. Also sounds like you can leverage the experience to work anywhere else really.
I don’t know – Isn’t the ACA more valued than the CIMA? And Tesco would exclude you from any exit opps requiring “Big Four” experience.
What is the plan after getting qualified?
Bruh 30k salary is dog shit
Depends what your personal goals are.
As someone who had similar offers 5 years ago and went with my version of Tesco, I don’t regret it one bit. Staying at home alone saves you so much money and puts you ahead of the curve. Use WLB time wisely to invest monetarily and academically to build financial freedom. Also I’m able to travel and go to so many places WFH and not paying rent whereas my peers have to pay rent, or even worse, work.
Is this a UK thing for salaries being so low?
My question is: WHAT do you want to do short term? By short term I mean 2-3 years out not greater.
Tesco.
Tax route will somewhat pigeonhole you.. I did the ACA and now trying to go into industry and it’s harder to make the move from practice to a more commercial/finance analyst job.
I am also burned out and lost my will to do anything after working 3 years in a big4..
Tesco position sounds like a rotational FDP? I’d take that at any major corp over a tax role at big4 lol.
Tesco, no doubt
Track will give you a much broader skill set in an industry. Deloitte will be good if you want to stick to professional Services You can always take the experience from tesco into big 4. Who knows they might be a client!
i think the salary for deloitte is not accurate. i joined another big 4 in cardiff (graduate scheme) and im paid £27k
Edit: i joined sept 2023
Yes you’d be crazy. And your salaries seem massively off even if your a regional office.
tesco bruv