Key Insights:
- Global Strategy Consulting At Scale: Strategy& is the strategy consulting arm of PwC, operating across 70+ offices worldwide and advising corporate, government, and private equity clients on growth, transformation, and deals.
- A Legacy Firm With Deep Roots: Founded in 1914 as Booz Allen Hamilton, Strategy& has over a century of advisory history and was rebranded under PwC in 2014 after the acquisition of Booz & Company.
- Strong Career Platform For Consultants: Strategy& offers a structured promotion track, internship programs, and access to PwC's global network, making it a compelling option for candidates targeting strategy-focused roles.
Strategy& is the global strategy consulting business of PwC, advising corporate, government, and private equity clients on growth strategy, transformation, and operational improvement. The firm traces its roots to 1914 and operates across more than 70 offices worldwide.
As part of the PwC network, Strategy& combines strategy advisory capabilities with broader implementation and industry expertise. Consultants work across corporate strategy, deals strategy, operations strategy, technology strategy, and organization transformation initiatives.
In 2026, Strategy& was named a Top Ranked Consulting Firm by Management Consulted.
Firm Key Stats
| Website | www.strategyand.pwc.com |
|---|---|
| Parent Organization | PwC (PricewaterhouseCoopers) |
| Headquarters | New York, NY (U.S. hub) |
| Employees | 3,000+ consultants |
| Offices | 70+ offices globally |
| Global Affiliation | Operates within PwC’s global network (150+ countries) |
Strategy& History
Strategy& traces its origins to 1914, when Edwin G. Booz founded a management advisory firm in Chicago. The firm later became known as Booz Allen Hamilton, expanding its services across corporate, government, and defense advisory work throughout the 20th century.
In 2008, the commercial strategy business separated from Booz Allen Hamilton and began operating as Booz & Company, focusing on corporate strategy and private-sector advisory services.
In 2014, PwC acquired Booz & Company and rebranded the firm as Strategy&, integrating it into PwC’s global network while maintaining a distinct strategy consulting focus.
Today, Strategy& operates as the global strategy consulting business of PwC, advising clients on growth strategy, deals strategy, operations strategy, and enterprise transformation initiatives.
Timeline
- 1914 – Edwin G. Booz establishes a management advisory firm in Chicago
- 1940s–2000s – Firm expands across corporate and government advisory services
- 2008 – Commercial strategy business separates as Booz & Company
- 2014 – PwC acquires Booz & Company; firm rebrands as Strategy&
- Present – Strategy& operates within PwC’s global network across 70+ offices
Strategy& Organization
Practice Areas
The functional areas of Strategy& include:
- Corporate & Business Strategy
- Customer Strategy
- Deals Strategy
- Operations Strategy
- People & Organization Strategy
- Technology Strategy
Industries
- Aerospace & Defense
- Automotive
- Chemicals
- Consumer Products
- Energy & Utilities
- Financial Services
- Health
- Industrials
- Media & Entertainment
- Oil & Gas
- Private Equity
- Public Sector
- Retail
- Technology
- Telecommunication
- Transportation
Strategy& Office Locations
The 70+ offices of Strategy& span areas including North America, South America, Europe, the Middle East, Asia, Australia, New Zealand, and Southeast Asia.
Career Path
Strategy& follows a structured promotion model with performance-based advancement.
Typical progression includes:
- Associate (undergraduate entry)
- Senior Associate / MBA entry
- Manager
- Director
- Partner
Promotion timelines vary based on performance, business needs, and office.
Strategy& Internships
Strategy& offers internship opportunities for undergraduate and MBA candidates.
Interns are staffed on client engagements and participate in structured onboarding and skills training. Responsibilities may include research, analysis, and development of client recommendations.
Performance evaluations are conducted during and at the conclusion of the internship. High-performing interns may receive full-time offer consideration.
Target Schools
Strategy& recruits from a range of undergraduate and graduate programs globally. While recruiting intensity may vary by office and region, the firm hires from business, economics, engineering, and other quantitative disciplines.
Representative programs include:
- Columbia University / Columbia Business School
- Harvard University / Harvard Business School
- University of Chicago / Booth School of Business
- Northwestern University / Kellogg School of Management
- University of Pennsylvania / Wharton School
- University of Michigan / Ross School of Business
- INSEAD
- London Business School
- IESE Business School
- University of Texas at Austin (McCombs)
- NYU Stern
Recruiting also extends to experienced professionals, advanced degree candidates, and individuals with leadership backgrounds.
Candidates should review office-specific recruiting information for the most current school lists and timelines.
Exit Opportunities
Strategy& alumni pursue leadership roles across industry, private equity portfolio companies, startups, and the public sector.
Common exit paths include:
- Corporate strategy and transformation roles
- Operating roles within private equity portfolio companies
- Business unit leadership positions
- Graduate programs (MBA or other advanced degrees)
Because Strategy& focuses on strategy, deal advisory, and enterprise transformation, alumni often transition into roles involving growth strategy, value creation, and organizational change initiatives.
Notable Strategy& Alumni
List of notable Booz & Company/Strategy& alum:
- Alex Oliver and Bill Wyman, Founding Partners - Oliver Wyman
- Abigail Johnson, Vice Chairman - Fidelity Investments
- Andrew Stern, CEO - Sungard Availability Services
- Brian Murray, President and CEO - HarperCollins Publishers
- Josh Silverman, CEO - Skype
- Keith Fox, President - BusinessWeek
- Paul Idzik, Former COO - Barclays PLC
- Lisa Shalett, Chief Investment Officer - Merrill Lynch
Additional companies started by Strategy& alum:
Diversity Groups
You can read more about PwC's (and by extension Strategy&'s) impressive commitment to diversity here.
Strategy& Culture
Strategy& operates within the PwC network while maintaining a distinct strategy consulting identity. Project teams are typically lean and focused on high-impact strategy, transformation, and deal-related engagements.
Team Environment
Consultants work in collaborative teams and are staffed across industries and functions depending on business needs and professional development goals. Exposure to senior client stakeholders often begins early in a consultant’s tenure.
Because Strategy& engagements frequently involve corporate strategy, transformation, and transaction-related work, project timelines can be fast-paced, particularly during deal cycles.
Mentorship & Development
New hires are typically assigned:
- A Relationship Partner (long-term career advisor)
- A Coach (performance and project guidance)
Staffing decisions are managed through a centralized process balancing project needs, consultant development, and geographic considerations.
As part of PwC, consultants may collaborate with broader advisory, tax, and implementation teams on integrated engagements.
STRATEGY& Interview & Recruiting
The Strategy& recruiting process typically includes multiple interview rounds combining case and behavioral assessments.
Interview Structure
Candidates can expect:
- First-round case and behavioral interviews
- Final-round case interviews, often with senior leadership
- In some regions, a structured case presentation
Cases are generally interviewee-led and assess:
- Structured problem solving
- Business judgment
- Analytical reasoning
- Communication clarity
Behavioral interviews evaluate leadership experience, teamwork, client readiness, and motivation for strategy consulting.
Recruiting Profile
Strategy& recruits from undergraduate, MBA, and advanced degree programs across business, engineering, economics, science, and related disciplines. The firm also hires experienced professionals and individuals with military or industry leadership backgrounds.
Preparation in market sizing, profitability analysis, and strategy frameworks is recommended.
Strategy& Salaries
Strategy& offers compensation aligned with the broader strategy consulting market.
Compensation typically includes:
- Base salary
- Performance-based bonus
- Signing bonus (for eligible roles)
- Retirement and benefits packages
Entry-level roles include:
- Associate (undergraduate entry)
- Senior Associate / MBA entry roles
Compensation varies by geography, experience level, and performance.
For the latest Strategy& salary figures by role and region, refer to Management Consulted’s annual Consulting Salary Report.
Conclusion
Strategy& sits in a unique position in the consulting landscape. It combines the focused, high-impact work of a strategy boutique with the global reach and resources of PwC's worldwide network. For candidates who want to work on complex strategy and transformation engagements, that combination is genuinely rare.
The path in is competitive. Strategy& recruits from top undergraduate and MBA programs globally, and the interview process tests both structured problem solving and business judgment. Preparation is not optional.
If you are serious about landing an offer at Strategy&, start with the Case Interview Guide to build your foundation, then work with one of MC's former MBB coaches through the Black Belt program to sharpen your skills before interview day. Over 15,000 candidates have used Black Belt to land offers at firms just like this one. You can be next!