I'd really like to know as well. My girlfriend just got an offer from their San Francisco office. Sounds like a great offer.

In terms of "brand" they do not stack up at all with MBB.

I don't know much about them to be honest- I don't think very much strategy work trickles down to them.

Big 4 can do strategy work in the US. However, they do far less of it than MBB.

I interviewed with both PwC Advisory and Deloitte Consulting. What turned me off about both companies is that the analysts seemed more interested in partying than doing real work. Normally this would not be that big of a problem but I knew if I noticed this then other people must notice it as well (ex: recruiters for other firms or mba school). Thus, the reputations for both pale in comparison to MBB and several other consulting firms (Monitor, Oliver Wyman Group etc)

As for work, the analysts told me that they compete with MBB for the exact same projects. I personally took this with a grain of salt.

HAHAHA. 200k vs. 1-2MM? Are you serious? Nice bullshit. The cost structure is essentially the same until the senior principal/junior partner level.

The reason that it rarely comes down to price unless they are very similar firms, is that if you are doing strategy work for a $1B+ product, you aren't going to sweat the 1-200k difference on a ~1-2MM project.

There are enough strategy players out there that you cannot hope to sustain a business solely through one-off discount pieces.

Well someone is lying. No way Deloitte is doing a PMI on 90% investment.

whats PMI

This thread came up pretty high on Google, so I felt compelled to update with some facts.

PwC Advisory has a tremendous amount of focus within PwC, with the explicit intention of beating MBB at their own game. The business is growing in double-digits with great culture and people-first values.

Yes-- strict independence rules mean that they generally can do advisory work for a client ONLY when PwC is NOT the auditor. Other than that, any client is fair game.

As of 3/11/10, PwC has bought Diamond Consultants (originally traded under DTPI), a 600-strong "front office" C-suite management consulting firm that most certainly plays in the same space as MBB for strategy and operations work. Diamond is expected to be a platform to develop a high-end strategy business within PwC Advisory. I am a Manager (4yrs tenure post MBA) for the Diamond unit within PwC Advisory.

As before, PwC Advisory continues to do excellent focused execution-type work like that of Deloitte or Accenture. This means PwC Advisory can craft the C-suite strategy and take that all the way down to execution in a way that MBB can only dream of.

And from a cost perspective -- yes, absolutely MBB (and PwC-Diamond) could come in $1-2M for a PMI strategy/execution gig that Deloitte might quote at $200-400K. The client value proposition and individual team-member pay-scales are completely different. It's not a function of TPI reports -- it's a function of the quality and experience of the team, and the firm that supports them.

In summary-- from a brand perspective, watch this space.

There is nothing wrong with this PwC manager promoting their business... but I like this LOL=D...