2 Years
Post Graduate
Management
Full Time
(1).
About the Course
MBA in Consultancy
Management is a
2-year postgraduate application that offers to learn progressive and innovative
components related to enterprise technique analysis, undertaking management,
and consultancy exercises amongst different subjects which can be deeply
embedded within the curriculum.MBA in Consultancy Management jobs after
commencement consist of outsourcing consultant, IT consultant, income and
advertising consultant, etc.
The
MBA in Consultancy Management curriculum imparts college
students with each educational and sensible know-how of present-day tendencies
and practices. To become a successful Management Consultant with
world-class companies, one can pursue MBA in Consultancy Management. Various popular colleges in India offer these two-year MBA degree courses.
The program covers areas like strategy, structure, management, and operations
to make the candidate efficient in understanding the business of an
organization.
India
has visible an upward push within the servicing quarter. For this reason,
the country has numerous organizations supplying consultancy offerings in
numerous regions of commercial enterprise consisting of HR, Marketing, Finance,
IT, and others. Consulting is an attractive career option and allows candidates
to broaden their business experience. Personal improvement is one of the
satisfactory blessings of consulting as a profession because you get the
possibility to work with multinational customers and attend to their issues.
Consulting
is one of the maximum famous careers for MBA grads. Armed with deep expertise
in organizational dynamics and method implementation, they assist individual
businesses, governments, and non-profits in streamlining operations and developing
long-term plans to maximize efficiency and impact. Below, we look at what an
MBA in Consulting entails, in addition, to processing prospects, anticipated
salaries, and more.
There
are numerous famous control colleges in India providing MBA in Consultancy
Management. This degree path covers regions along with strategy, structure,
management, and operations. The MBA in Consultancy Management covers a mixture
of control skills (Marketing, Finance, and so on) and publications designed to
construct consultancy skills.
Course
Highlights
Find out all of the critical information about an MBA in Consultancy Management from the table given below:
| Particulars | Value |
| Course Name | Master of Business Administration in Consultancy Management |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Eligibility Criteria | Bachelor's Degree in any stream with a minimum of 50%–55% |
| Examination Type | Semester based |
| Admission Process | Entrance Exam/Merit-based |
| Course Mode | Full-Time, Part-Time, Distance |
| Age | No age Limit |
| Entrance Exam | CAT, GMAT, MAT, XAT |
| Average Annual Fees | INR 1,00,000-7,00,000 |
| Average Annual Salary | INR 4,00,000-18,00,000 |
| Top Recruiters | KPMG, Deloitte, E&Y, PWC, AT Kearney, IPE Global Limited, Willis Towers Watson, Conduent Business Services, Mckinsey, S&P Capital, IQ India Pvt Ltd. |
| Job Profile | IT Consultant, Strategy Consultant, Project Management Consultant, etc. |
Why
study MBA in Consultancy Management?
The consultancy has emerged as a lucrative field for aspirants enrolling in MBA. Though the
process that the aspirants go through to become consultants is intense and
challenging as they have to face a volley of written tests, face-to-face
interviews, and case studies, it is immensely rewarding too, once they make it
to the other side. The fat pay packages, perks, and a chance to work for the
top companies at your own pace and convenience more than make up for the
grueling process the candidates are put through.
(2).
Admission Process
Admission
to the MBA in Consultancy Management direction may be completed via online and
offline methods.MBA in Consultancy Management admission also can begin out
through without delay touring the college's admissions office.
Types
of MBA in Consultancy Management Courses
The
full-time, part-time, and distance alternatives are to be had to aspirants for
the course. The numerous styles of MBA in Consultancy Management direction info
are given below:
(1).
Distance
MBA
in Consultancy Management distance learning in India is a two-year postgraduate
correspondence course. For those who cannot attend regular sessions, a distance
MBA in Consultancy Management is one of the preferred alternatives.
(2).
Full-Time
The
two-year postgraduate MBA in Consultancy Management course is structured into
four semesters. The benefit of taking a full-time course is that it allows
students to accelerate their learning and significantly broaden their exposure
and experience.
(3).
Part-Time
A
part-time MBA in Consultancy Management is a two-year course. For professionals
who are currently employed and unable to take time off for full-time education,
the part-time MBA in Consultancy Management course could be highly beneficial.
Eligibility
Criteria
Candidates
who've exceeded any bachelor`s degree are eligible to use for admission to the
MBA in Consultancy Management application. It should be stated that there are
numerous colleges presenting MBA in Consultancy Management. The eligibility
necessities for the MBA application in Consultancy Management can also
additionally range from one college to another. Applicants can take a look at
the facts brochure of the college to realize greater approximately the
eligibility criteria.
Admission
Process
The
colleges select candidates on the basis of scores in the qualifying
examinations. Selected candidates will then have to appear for the personal
interview and group discussion. Final admission will be done on the basis of
the performance in the entrance exam, personal interview, and group discussion.
Accepted
Entrance Exams
For admission to the MBA in Consultancy Management course, several institutes in India have entrance exams. The entrance exams are divided by state, national, and individual institutes. Some of the doorway tests for the MBA in Consultancy Management path are indexed below:
| GMAT | XAT |
| CMAT | CAT |
| MAT | SNAP |
Skills
Required
To excel as an MBA in Consultancy Management graduate, many skills are required that will help to increase the individual learning curve and boost a practical approach to problem-solving that must be inculcated in the continuous learning environment.
| Leadership skills | Interpersonal skills | Problem-Solving skills |
| Decision-Making Skill | Networking skills | Communication skills |
| work under pressure | Analytical skills | Mathematical skill |
| Time management | Creative Thinking | Organizational Skills |
| Writing Skills | Good Listener |
Fee Structure
The MBA in Consultancy Management path charge isn't always constant and relies upon many factors.MBA in Consultancy Management expenses take all of those elements into account: location, faculty, demand, infrastructure, and the sources that scholars can access. The average MBA in Consultancy Management course fee in India is around INR 1,00,000–7,00,000 PA.
| Name of College | Annual Fee(INR) |
| FMS, New Delhi | INR 1,00,000 |
| IIM Rohtak | INR 6,00,000 |
| BITS Pilani | INR 1,20,000 |
| Jamnalal Institute of Management Studies, Mumbai | INR 3,00,000 |
Selection
Criteria
The
selection process for MBA in Consultancy Management admission programs can be
done either via merit-based or entrance-based methods. Based on their academic
performance, having graduated with at least 50%-55% from an accredited
institution. To get selected, applicants must pass an entrance exam like the
CAT, CMAT, MAT, etc. Applicants are then qualified for the subsequent round of
admission.
(3).
Course Comparison
MBA
in Consultancy Management v/s MBA HR
The MBA in Consultancy Management complete shape is Master of Business Administration in Consultancy Management, and it's far generally geared toward students those who are interested in rapid career progression in the consulting practice, as well as a comprehension of its components. The table below showcases the differences between MBA in Consultancy Management and MBA in HR:
| Parameter | MBA in Consultancy Management | MBA in HR |
| Course Name | Master of Business Administration in Consultancy Management | Master of Business Administration in Human Resource |
| Course Overview | MBA in Consultancy Management is a 2-year postgraduate application that offers to learn progressive and innovative components related to enterprise technique analysis, undertaking management, and consultancy exercises amongst different subjects which can be deeply embedded within the curriculum. | MBA in HR is a full-time 2 years MBA/PGDM program offered by many top MBA colleges in India as an exclusive MBA program while many other top colleges offer MBA HR as one of the specializations in their flagship MBA/PGDM program. |
| Course Duration | 2 years | 2 years |
| Eligibility | Bachelor's Degree in any stream with a minimum of 50%–55% | Minimum 50% - 60% in Bachelor |
| Course Stream | Management | Management |
| Entrance Exams | CAT, CMAT, MAT, GMAT | CAT, XAT, GMAT, MAT, NMAT |
| Average Annual Fees | INR 1,00,000-7,00,000 | INR 2,00,000-8,00,000 |
| Average Annual Salary | INR 4,00,000-18,00,000 | INR 2,00,000-10,00,000 |
| Top Colleges | BITS Pilani, Pondicherry University, NMIMS Mumbai | Xavier School of Management, IIM Lucknow, Management Development Institute Gurgaon |
(4).
Top Colleges
An MBA in Consulting Management in India is a growing course. Below is a list of the 10 Best Management Consulting MBA Colleges in India along with their usual fees:
| Name of College | Average Annual Fee(INR) | Location |
| IIM | INR 7,00,000 | Lucknow |
| JBIMS | INR 3,00,000 | Mumbai |
| Goa Institute of Management | INR 5,00,000 | Goa |
| BITS | INR 1,20,000 | Pilani |
| SPJIMR | INR 7,00,000 | Mumbai |
| IMI | INR 6,50,000 | Delhi |
| SIBM | INR 7,00,000 | Pune |
| IIM | INR 7,00,000 | Shillong |
| NITIE | INR 4,00,000 | Mumbai |
| IIM | INR 7,00,000 | Indore |
Top
City-wise MBA in Consultancy Management Colleges
The following is a list of the top City-wise MBA in Consultancy Management colleges in India:
| Mumbai | Delhi | Pune |
| SPJIMR | IIFT | SIBM |
| JBIMS | Faculty of Management Studies | BIMM |
| NMIMS | IMI | IIMS |
| NITIE | Management Development Institute |
(5).
Job & Placements
Management
consultant jobs require you to assist human beings to enhance their
organization and flourish as an employer with the aid of the usage of solving
issues that rise up inside the business enterprise gadget further to
implementing better techniques of undertaking trade. Consulting offers you a
choice to work in each personal and public sector as each sort of status quo relies
upon experts to optimize their organization with the resource of the use of
reducing charges and developing benefits.
Job
Profile
Listed here are some of the job profiles for MBA Consultancy Management graduates are as under with their job description:
| Job Profile | Job Description |
| Junior Management Consultant | A junior management consultant job comes with the responsibility of providing support to the organization in improving various aspects of the business to increase the efficiency of resources and productivity for maximum business growth and management. |
| Human Resource Consultant | They provide information on a huge variety of human resources-associated tasks, consisting of hiring, Paying, dealing with performance, growing talent, adhering to policies, and different associated HR purposeful areas. |
| Strategy Consultants | These guys offer strategic hints to groups on a mission with the useful resource of using-mission basis like proof of merchandise and offerings, long-range making plans, along with new market access. |
| Project Lead Consultant | The role of a venture control representative consists of some extra aspects, which include overseeing the project management team, coordinating with important stakeholders, recognizing project risks, and managing budgets and resources effectively. |
| Financial Consultants | These are guys who are influential in offering budgetary guidelines like the installation of budgetary control structures, earnings-making plans, and capital and income budgeting. |
| Marketing Consultant | A marketing consultant serves as an outside advisor and provides support to individual clients and companies in developing and implementing marketing strategies. He or she determines the target audience. |
| Generalist | Generalists boast a range of skills. While their knowledge might not run deep across a specific area, they can quickly adapt to changing situations. |
| Operations Consultant | An operations representative is answerable for presenting a guide to customers through enhancing the performance of the cost chain. He or she develops and implements service delivery models, executes cost reduction programs, and optimizes business processes. |
| Entrepreneurs | Consultants often set up their non-public consultancies in a particular region or expert service for large groups to take their offerings. |
| Senior Management Consultant | A senior representative may also carry out numerous tasks. It includes creating diagrams of various processes of companies and preparing coherent reports after reviewing various systems of the organization. A senior management consultant spends his or her time attending meetings with the managers. |
| IT Consultant | An IT consultant's job responsibilities involve working in partnerships with clients and providing them with advice on how to use information technology to meet business objectives. He or she improves the IT structure and efficiency of the organization. |
| Outsourcing Consultants | These Are men who manipulate to outsource tasks including IT, Finance, and HR. |
Top
Recruiters
The top employers for MBA in Consultancy Management graduates are listed below:
| IPE Global Limited | ABC Consultants |
| S & P Capital | KPMG |
| PWC | E & Y |
Employment
Area
After
completing the MBA in Consultancy Management course, students will have a
variety of employment options. Students will get the chance to put their
learning into practice in a variety of professions. Following is a list of some
sectors that are now looking for MBA graduates in consultancy management:
(i). Retail
(ii). Healthcare Services
(iii). MNCs
(iv). Information Technology
(v). Banking
(v). Education
Average
Salary
The average MBA in Consulting Management salary in India for graduates is around INR 4,00,000–14,00,000 PA. The desk beneath suggests the profits breakdown of MBA in Consultancy Management graduates in India:
| Level of Salary | Salary |
| Lowest Salary | INR 4,00,000 |
| Average Salary | INR 6,00,000 |
| Highest Salary | INR 14,00,000 |
Following is a listing of MBA in Consultancy Management process possibilities for graduates, in conjunction with their common profits according to annum:
| Job Role | Average Annual Salary(INR) |
| Project Lead | INR 10,50,000 |
| Marketing and Sales Consultant | INR 6,00,000 |
| Financial Consultant | INR 6,20,000 |
| Strategy Consultant | INR 8,50,000 |
| Information Technology Consultant | INR 7,90,000 |
(6).
Career/Scope
Management
consultants are trained professionals who solve complex problems and devise
invaluable strategies to improve the financial and operational performance of
the client organization. Individuals in the management consultant career path
involve the application of research and analyzing internal data. Management
consultants interview people and prepare and present reports. Individuals in
the management consultant career path work 50 hours per week to develop
beneficial business relationships with potential clients and other
professionals.
Career
options after MBA in Consultancy Management Graduation
For an MBA in Consultancy Management graduate, there are numerous positions to be had in numerous fields/industries. Depending on the place or enterprise selected, the work roles will change. For graduates of an MBA in Consultancy Management, the subsequent activity profiles provide impressive pay scales:
| Project Lead Consultant | Business Consultant |
| HR Generalist | IT Consultant |
| Strategy Consultant | Senior Management Consultant |
| Junior Management Consultant | Management Consultant Salary |
Scope
for Higher Education
The
scope of an MBA in Consultancy Management is vast, which gives candidates a
chance to pursue higher studies after obtaining the degree. The following are
some of the best higher education programs in the area of consultancy
management:
(i). M.Phil
(ii). Post Graduate Diploma courses
(iii). Ph.D
Skills
that make you the Best MBA in Consultancy Management Graduate
To
excel as an MBA in Consultancy Management graduate, many skills are required
that will help to increase the individual learning curve and boost a practical
approach to problem-solving that must be inculcated in the continuous learning
environment.
The
following are some of the most valuable consulting skills and responsibilities
you’ll learn in an MBA program.
(7).
FAQs
(1). What is MBA in Consultancy
Management?
(2). What is the duration of the course MBA in Consultancy
Management?
(3). What is the average fee for the
course?
(4). What is the average starting salary
of a management consultant?
(5). Is an MBA worth it consulting?
(6). How does an MBA help in
consulting?
(7). Which MBA in consulting
management is booming?
(8). How much do MBA consultants make?
(9). What is taught in MBA consulting?
(10). What is the average fee for the
course MBA in Consultancy Management?
(11). What are the top colleges
offering MBA - Consultancy Management courses?
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