That's the funniest reason people tell me they go to big 4 for. The only people who understand business are people who do business.
Sitting in an office auditing some supermarket's accounts isn't going to help you learn how to run a supermarket. Nor is auditing a mine going to help you understand how to run a mine.
In fact you won't even know how to do many other things such as source equity and debt capital, negotiate with banks, procure product, manage staff...
That maybe so. However the point is about using Big 4 with CA as a stepping stone to working in one's desired role in commerce. The finance/accounting degree to Big 4 with CA is not a bad plan for someone wanting to work in commerce. Doing something like management or marketing at uni ain't gonna cut it unless that person has some work experience in their chosen field.
I agree about the manual labour. If I could go back 12 years to when I finished school I'd be straight up north, rather than at uni watching the Perth boom go by with no stake in the game.