Found some dated threads on this topic, and with this industry being shaken up, wondering if anyone had any fresh perspectives.
This is PwC Management Consulting (Not Strategy&) and KPMG S&O. Undergrad, same city.
Wondering mostly which group I'd get the best exposure to the best projects (e.g. Strategy, large clients). Future goals include bschool and tech corp strat.
Talking to people inside the the firms, but I find wso always has some good insight. Thanks!
KPMG has a good S&O team compared to PwC. Given that PwC offer is not even in S&O, the choice should be simple no?
You get placed in a group within MC shortly before you join at PwC . So these include groups like the legacy strategy group, operations, M&A, customer, people and change, and finance.
But you bring up a good choose based on which gives me the group I want, if I can swing that.
Can you tell me more about the KPMG S&O team? My initial thought is that PwC has a more developed group and better brand, and I might have more exposure to strategy projects when Booz is integrated.
I don't know KPMG that well....although I used to work for one of the big 4, just not KPMG or PwC
Eevntualy, I think it depends on where you want to be in a few years....big4 S&O is a good start if you wanna go to MBA, but im not very sure how good the exit opps are if you don't go back to school. Depending on your team, you are likely to just end up with a mid-management role at a F500 company
@"jasonyeah" Overall PwC is the top Big Four firm. Not really anything to dispute about there. What division/area did you get an offer in at PwC?
Hardly a valid statement to make. In terms of S&O groups, Deloitte is easily on par with PwC if not stronger.
LOL, this thread was posted in the consulting area. What are you smoking to suggest that PwC is top? Maybe as an overall firm (across audit, consulting, etc.) it is 1st, but even then, last year Deloitte made more money (albeit, slightly).
Each of these firms are separate legal entities in each country they operate. There are huge differences between geographies. Measuring which one is better is just a pissing contest that no one who is actually in the industry has any real time doing. We're all too busy making money and delivering engagements.
I would go with PwC Management Consulting; their practice is rapidly growing. You mentioned interest in Tech Corp Strat; they have a recent gig with Google for Strategy work; Google search PwC Google you'll find articles about the work they will be collaborating on.
Since getting the Google contract this will open doors for more High Tech clients going forward. I interned at PwC this summer; I was on a Tech start up, a new CFO for my client; he is ex VP for Beats mentioned the firm also works with the Beats by Dre MC engagement. The firm also recently won a contract over one of MBB (UBS - Strategy) client. Just goes to show their MC practice is gaining market share and recognition.
I think either firm will have the same leverage for your bschool app so that may not be a deciding factor. However, it is constantly stated that PwC has a better brand than its competitors and its always a battle between DT & PwC for which is more prestige.
The PwC-Google thing is not a 'gig' or a contract to do strategy work, it's an agreement that PwC's tech consultants will start reselling/installing/implementing Google's cloud and 'Apps for Work' products. Just another product that PwC will be installing in mindless tech implementation projects... I'm not sure how it would improve the work or exit opps of a PwC anayst interested in the tech space. I don't even understand how Google convinced PwC to enter into this deal at all. PwC has to start (exclusively?) selling the last-place product - good luck trying to compete with Microsoft Office, or Amazon AWS and Microsoft Azure and Dropbox/Box/etc. in the cloud space - and what do they get in return, association with the Google brand in some press releases?
Anyway, for OP it depends what division you're in at PwC. If it's tech consulting I would take the S&O opportunity any day, but if it's for a S&O-style position at PwC, they have a much more developed management consulting arm in general, especially with the Strategy& deal.
Thanks for the clarification; you explained it well and much more accurately.
I agree with your second comment as well for @"Emous"
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Awesome, thanks for all the advice guys!
Best of luck! I interned at PwC last summer. Make sure they clarify you're in their "Strategy" Management Consulting practice. KPMG S&O could be a sweeter deal if PwC is only offering MC.
"Strategy&" the firm has yet to full integrate with PwC MC practice; this is rumored to be complete in April of next year. But, PwC still has a very strong Management Consulting Strategy division, "Booz&Co" now "Strategy&" is only an addition to the already strong Strategy practice at PwC.
May be too late but, where is your offer for KPMG? S&O is separating so the KPMG position might be MC as well in the end. Which PwC MC would be more prestigious but it will be easier to move into strategy at KPMG versus PwC.
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Any updated thoughts on KPMG?
KPMG vs PWC offers? (Originally Posted: 11/29/2008)
Hey guys,
If I have an internship offer from both KPMG and PWC in tax for NYC which should I take? I liked the people and environment much more at KPMG and they also offered to pay me more. KPMG offered around $30 an hr and I know friends who just accepted fulltime offers with a starting salary with a Master's in tax of $72,000+(5k signing bonus). PWC offer was about $27/hr and starting salary was low 60's. I really just didn't like the environment or people at PWC. My only fear is the PWC has a much better client base and KPMG I think is having tough times. Do you think accepting an offer at KPMG is risky? Will there be layoffs or a possible reneg of my offer from KPMG? What should I do?
this isn't an accounting msg board...
that said, sounds like you like KPMG better...
The question is do you have a Masters? CPA? Is the offer in tax? Consulting? Financial Advisory? You mention $72K w/ a masters, is the $60K w/ a masters too? All of the Big 4 are having a tough time, Deloitte is laying off people, so is everyone else. If you like one environment over the other then go with that. $12,000 is not worth being unhappy over. What type of advancement opps are there for you at each firm?
If you can provide a little more information, I might be able to give more insight.
Take KPMG, you clearly like it much more than PwC. KPMG is Big 4, you'll get good clients. And you'll be happier.
Dude, take it from someone who did a Big 4 internship: take the firm that you like more. Looks like KPMG gives you more money anyhow. However boring you might find the work, at least you will know that you had picked the best one out there. Perhaps the experience will make you realize that Big 4 sucks big time, even at party-time KPMG.
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