Bain vs Strategy&: Results Focus Compared
Updated January 2026·10 min read
Head-to-Head: Bain vs Strategy&
8/10
Interview Difficulty
7/10
7/10
Work-Life Balance
6/10
9/10
Compensation
7/10
9/10
Prestige
6/10
10/10
Exit Opportunities
7/10
BainStrategy&
Quick Summary
Both Bain & Company and PwC Strategy& are excellent consulting firms with strong reputations. Bain is known for results-focused personalities, while Strategy& excels at deals/m&a interests. Your choice should depend on your career goals, preferred working style, and cultural fit.
Detailed Comparison: Bain vs Strategy&
| Category | Bain | Strategy& |
|---|---|---|
| Firm Identity | Independent MBB focused on results | Big 4 strategy arm (former Booz) |
| Results Focus | Famous for measurable impact | Deals and transformation focus |
| Interview Process | Candidate-led, SOVA, experience | Candidate-led, fit-focused |
| Compensation | Top-tier MBB pay | 20% below Bain |
| Independence | No audit/tax conflicts | Part of PwC network |
| Career Paths | Excellent PE and corporate exits | Good but not MBB-level |
Key Takeaways
- Firm Identity: Bain has clearer identity
- Results Focus: Both results-oriented; different flavor
- Interview Process: Bain SOVA adds assessment layer
- Compensation: Bain pays significantly more
Who Should Choose Which?
Choose Bain if you...
- ✓Results-focused personalities
- ✓PE career aspirants
- ✓Those valuing team culture
Choose Strategy& if you...
- ✓Deals/M&A interests
- ✓PwC network leveragers
- ✓Those with Strategy&-specific offers
Interview Process Comparison
Bain Interview Process
- • Online assessment/screening
- • 2-3 rounds of case interviews
- • Behavioral/fit interviews
- • Final round with partners
Strategy& Interview Process
- • Online assessment/screening
- • 2-3 rounds of case interviews
- • Behavioral/fit interviews
- • Final round with partners
Prepare for Both Bain and Strategy&
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Start PracticingFrequently Asked Questions
Is Strategy& comparable to Bain?
No. Strategy& (formerly Booz) is respected but sits below MBB in prestige, pay, and exits. The Booz heritage was stronger; PwC integration moved it toward Big 4 tier.
How much less does Strategy& pay vs Bain?
Approximately 20% less at all levels. Entry-level difference is ~$20K base. The gap is consistent through senior levels. Total career compensation difference is substantial.
Strategy& or Bain for M&A focus?
Bain if you have the option. While Strategy& has deals expertise, Bain's PE practice and brand provide better M&A-related career outcomes. Strategy& is acceptable but not preferred.
Can Strategy& experience help get into Bain?
It can help your application but doesn't guarantee entry. Strong Strategy& performers can lateral to Bain after 1-2 years. You'll interview competitively like other experienced hires.