Company: PwC
Date: 2013-01-11
Overall rating: 3/5
Employment status: current
Experience level: Junior

Don't be fooled; the work is mundane
Pros: Teaches you good professional habits for recent college graduates
Looks good on your resume
Dumb people in your social circle will think you work for an investment bank
Cons: Within their consulting division, they portray their projects as super important, smart, and strategic.  The reality is that those projects are in the minority.  The firm's bread and butter is in audit and tax.  The majority of the projects are large, terribly boring 'asset management' type activities no one wants to do.  You might get on a few good projects here and there, but for the most part, you won't like a majority of the projects.  PwC would rather take a boring 'dumb' project over a 'smart strategic' one 9 times out of 10.  Less risk and looks better in the partner's profolio.

PwC is great if you're a straight up accountant who loves long hours but doesn't necessary need to think too hard.  If you're more specialized, you don't have much of a future.  The work skews to the accounts, so they have more resources (entry level college grads), they win more work, and they advance up the pyramid scheme faster than consultants.

Also, PwC is highly siloed.  Transfering to another line of work within the firm will literally take years.  They will say 'oh you can do whatever you want.'  You can't.  If you're profitable, partners won't let you leave without long notice.  Any sane person would just go to another company and take you 15% raise.