the above answer is perfect, except:"would the transition to PE or IB (M&A) be possible?"Experience from PwC Strategy, although closely linked to Valuation, isn't quantitatively intense so you'd be better staying longer at PwC, gaining an MBA then ....TRYING to transfer into PE/IB in a more JUNIOR role role ...IBs and PE firms hire MBAs at associate level - thats app 3 years after graduation if you enter direct from your undergrad.If your final goal is to enter PE, and you arent at PWC yet - then try to get into banking now. if youre already there, then try to get a top 5 ( not 10) MBA.Remember, whilst the PWC strategy group will be well known in London MC circles - PE houses will be oblivious to its existence and most will still see anyone from PWC as an auditor.