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Somick Goswami, Associate Director PricewaterhouseCoopers (PwC) came down to ISB for the pre-placement talk.
He informed the batch that PwC has the following Strategic business units in its Advisory line of services: Financial Advisory Services (FAS), Performance Improvement (PI), Internal Audit Services (IAS) and Government Reforms and Infrastructure Development (GRID)
PI is the largest SBU within Advisory and has1500 consultants across 9 offices in India. Its primary task is to engage with clients to analyze the processes, transform the processes and eventually IT enable them. PI engages with the client for end to end projects. PwC is the oldest advisory firm to set foot in India. It started out in 1880 with an office in Calcutta. PwC has been in India for 128 years and is the largest amongst Big 4 firms in India. In 1998 Coopers and Lybrand and Pricewaterhouse merged and formed a single entity known as PricewaterhouseCoopers.
PwC provides
-Â Â Â Â Â Â Â Â Â World class training
-Â Â Â Â Â Â Â Â Â Personalized career paths
-Â Â Â Â Â Â Â Â Â Competitive compensation
-Â Â Â Â Â Â Â Â Â Challenging projects
-Â Â Â Â Â Â Â Â Â Bright, dedicated colleagues and
-Â Â Â Â Â Â Â Â Â Innovative incentive awards
PwC has the following lines of services viz. Advisory, Assurance, Tax and Markets & Industry. Markets & Industry is a new business unit that caters to the business requirements of other business units and provides support in terms of expert industrial and market knowledge. In all its engagements, PwC draws its strength from being an integrated company providing services across the spectrum ranging from advisory, tax and audit. The entire work revolves around People, Technology and Process.
Key focus areas are
-Â Â Â Â Â Â Â Â Â Risk and Regulation
-Â Â Â Â Â Â Â Â Â IT Effectiveness
-Â Â Â Â Â Â Â Â Â Finance function effectiveness
-Â Â Â Â Â Â Â Â Â Strategy and Operations
-Â Â Â Â Â Â Â Â Â People and Change
-Â Â Â Â Â Â Â Â Â Outsourcing Advisory Services
-Â Â Â Â Â Â Â Â Â eGovernance
-Â Â Â Â Â Â Â Â Â Forensic Technology Services
In eGovernance, recently PwC was involved in evaluating proposals for automation of passport process. Â PwC has also acquired a site that has wealth of information about the best practices across the globe http://globalbestpractices.com. Forensic Technology Services is a relatively new SBU and focuses on the fraud detection and prevention aspect of business.
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