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You all know Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young to be the Big Four accounting firms. These are the world's four largest professional services firms that provide audit and transaction advisory services. And it is for a well-defined reason, that they're known as the Big 4 of accounting: they continue to be the auditors for six out of every ten of India's top 500 listed companies.
These are renowned not only for their professional services but also for their great training programs for articleships and industrial training. However, It is a hard nut to crack to be a part of any of these as an intern or article.
But that's what we are going to help you with.
In this article, we share detailed information about how you can pursue Deloitte industrial training, one of the Big 4 firms.
What is Industrial Training?
For those of you who might be new to the term, let's clear it up first.
Industrial training is a type of practical training that takes place in a company or an industrial setting to assist students in developing the necessary skills to become future professionals.
CA candidates should ideally apply for industrial training during the third year of their articleship.
Industrial training especially from Deloitte can be a great way to mold your career as a CA.
Eligibility for Deloitte Industrial Training
Internships are available at Deloitte India's offices in Gurgaon, Mumbai, and Hyderabad for students pursuing bachelor's or master's degrees in computer science and related engineering disciplines, bachelor's degrees in commerce, MBA, and law.
To pursue Deloitte industrial training, one could be from either of engineering, commerce, or management background.
Internships in IT consulting and data analysis are available for engineering students, while internships in audit, strategy and operations, business development, human resources, and human capital development are available for management and commerce students. Summer internships at Deloitte typically last two months and pay an average of INR 15,000.
How to Apply for Internship or Training?
Deloitte selects talented students from India's top colleges and universities. To apply for this program, students should contact their campus placement office.
Those interested in beginning their internship at Deloitte should connect their strengths with Deloitte's strengths. Allow your internship with Deloitte to serve as a solid foundation for your professional career. There are certain ways to apply for the internship.
- Online application- You can apply online for an internship just log on to the Deloitte career page and things will be easier for you.
- Contacting an HR executive via email- Make contact with Deloitte employees via LinkedIn and ask for the HR department's email address. Send an email to the HR executive with your resume and cover letter, stating why you're interested in the position and why you'd be a good fit.
- Campus recruitment- Deloitte US India (USI) recruits summer interns from a variety of institutions, including IITs, NITs, IIMs, DTU, KIIT University, ITM University, and FORE School of Management.
- Competitions- Deloitte, like many other companies, holds competitions to hire interns. Cyberkshetra, for example, is a competition for engineering students interested in cybersecurity.
What Happens After You Apply for a Deloitte Internship?
If you apply online, the Deloitte recruitment process will include a resume screening, a telephonic interview, and a face-to-face interview. Students who apply for Deloitte internships through campus placements must complete a written test that assesses quantitative and qualitative aptitude, as well as a group discussion and a personal interview.
The group discussion usually includes a Deloitte case study that is related to a technical issue that the organization is facing, and the participants must come up with solutions. The case could be about data redundancy or automated resource planning, for example.
Join Deloitte for a high-impact internship if you're looking to make a difference. An internship with Deloitte can be a one-of-a-kind opportunity for you to learn more about what a career in professional services might entail.
Why an Internship at Deloitte?
When you join them, you'll be part of the world's largest professional services and consulting firm, with 312,000 employees in 150 countries.
Deloitte India is a group of over 15,000 talented and motivated people who provide services in five world-class business areas: audit and assurance, tax, risk advisory, financial advisory, and consulting.
There's a reason they're an award-winning workplace: they provide challenging work and opportunities for growth.
How an internship with Deloitte can shape your career?
Deloitte places a high value on you and your special abilities. Their internship program allows you to work on real business problems and propose practical solutions using your unique skills. The program is designed to give you the opportunity to learn about and experience what a career in a professional services firm can entail.
With the projects you work on as an intern, you'll have the opportunity to accelerate your ambitions - there will be plenty of opportunities to learn, apply your skill sets, and unleash your curiosity. As you learn more about the project, yourself, and life at Deloitte, this is how you'll be able to make a difference.
You will get a firsthand look at Deloitte's inclusive culture as part of your internship. You will be able to benefit from Their leaders' and mentors' experiences. Their experience will not only help you have a rewarding internship at Deloitte, but it will also help you understand how a professional services firm operates.
Their internship program includes learning sessions to ensure you get the most out of your experience. These sessions will help you succeed in your professional career.
Plan for self-paced learning and opportunities
The internship program is designed to include well-planned and developed learning sessions in addition to exposure to real-world projects. These are investments in the interns' development, designed to bring out the best in you and give you a promising start in your professional career.
To provide their interns with an all-rounded view of life at Deloitte, there are numerous learning opportunities embedded throughout the journey, including self-learning content, weekly learning modules, and numerous training sessions to help you improve your skills.
Types of Internship Programmes
Here are the different types of internship programs you can enlist for at Deloitte:
- Audit & Assurance.
- Risk Advisory.
- Apprentice Solicitor.
- Tax.
- Consulting.
- Technology.
- Restructuring Services.
Preparation for the interviews
Deloitte's human resources interview questions are fairly standard and predictable.
Here are some examples of Deloitte interview questions.
1. Why are you interested in interning at Deloitte?
2. What makes you the best candidate for the job?
3. What is the meaning of the green dot in the Deloitte logo?
4. Do you have any knowledge of Their business units?
5. Give an example of a time when you failed miserably.
6. What have you taken away from your previous internship?
7. What are your thoughts on working long hours?
In the category of the technical question, there may be questions like.
1. What is the difference between a vector and an ArrayList?
2. How does IEEE play a role in computer networking?
3. Describe how SOAP, REST, and OData are different.
4. Create a SQL query that joins two tables together.
5. Create a hostel room assignment algorithm.
6. What is the best way to set up an asynchronous bridge?
7. Create a program to determine if a cycle exists in a linked list.
In the category of the Auditing questions, there may be such questions as given below.
1. Why are you interested in auditing?
2. Describe the International Financial Reporting Standards (IFRS).
3. What is the purpose of a cash flow statement and what does it contain?
4. What are your thoughts on the PCAOB's increased quality demands, and how would you address them in your audit?
What to expect when you are a part of it?
Deloitte's induction process lasts two days. Your first day at Deloitte will begin with you filling out the necessary paperwork, after which you will be given an access card to their office as well as a laptop. Deloitte senior managers and leaders from various verticals will speak for the next few hours, followed by a lunch.
They'll give you a tour of the office on the second day and introduce you to your manager, who will brief you on the projects you'll be working on.
Despite the fact that due to the pandemic Deloitte's internships have been conducted online, the firm has taken steps to ensure that the virtual internship experience is as rewarding as the in-office one. There were weekly events to help interns network and wind down, in addition to regular meetings with buddies and mentors.
An intern at Deloitte usually works on a client-side project. Interns at Deloitte are treated as full-time employees and given the same responsibilities as full-time employees. You'll be evaluated twice during your internship at Deloitte India: once at the end of the first month and again when your internship ends.
That's it. We hope this information proves useful to you on your career journey.
All the best!
Thanks for Reading!
