MBA in Consultancy Management: Course, Fees, Syllabus, Eligibility

(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

The following are some of the most valuable consulting skills and responsibilities you’ll learn in an MBA program.

(i). Risk management, including qualitative and quantitative risk analysis

(ii). Clear, effective, and positive communication

(iii). Human relations and organizational leadership

(iv). Intuitive understanding of when to lead, and when to delegate to a more knowledgeable expert or source of information

(v). Excellent business understanding

(vi). Creative problem-solving

(vii). Careful project selection

(viii). Planning and aligning project goals to organizational strategy

(ix). Estimating project times and costs

(7). FAQs

(1). What is MBA in Consultancy Management?

Ans. 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.

(2). What is the duration of the course MBA in Consultancy Management?

Ans.MBA in Consultancy Management is a 2-year course.

(3). What is the average fee for the course?

Ans. The average fee of the BBA program ranges from Rs. 50,000 to Rs. 200,000 per annum.

(4). What is the average starting salary of a management consultant?

Ans. The average starting salary of the management consultant is Rs. 52,000 per month.

(5). Is an MBA worth it consulting?

Ans. The large three, McKinsey & Company, Boston Consulting Group, and Bain & Company are the pinnacle recruiters fromThe pinnacle B-schools; the statistics suggest that consultancy is the choice maximum graduates pick after finishing the program. However, everyone has their preference, overall MBA in consultancy has the scope for personal growth, intellectual growth, and financial growth.

(6). How does an MBA help in consulting?

Ans. When organizations and different agencies face difficult difficulties, they will search for recommendations from informed and sincere outsiders. Hiring managers are frequently recognized at the pinnacle countrywide MBA schools, in part due to the programs' qualities. These establishments most effectively admit pinnacle candidates in phrases of GPA, GMAT, and former process experience.

(7). Which MBA in consulting management is booming?

Ans. The pinnacle consulting and advising agencies are doing well, and enterprise colleges are reporting extra recruiting, which means extra probabilities for the right MBA students. MBAs are normally prompted via way of means of the preference to earn greater money. Consulting is a profitable profession choice. Dealing with high-degree companies and authorities government and important commercial enterprise issues is something MBAs like. This is some other attractive issue of consulting. MBAs are renowned the gain of converting occupations and jobs frequently as a part of their hobby of producing money. Exit possibilities in consulting are well-known.

(8). How much do MBA consultants make?

Ans. It, in the end, relies upon the task you're running on, however, on average, a representative makes up to $85,000 consistent with year. Refer to the pinnacle desk for accuracy and pay in step with function information.

(9). What is taught in MBA consulting?

Ans. Business Strategy, Marketing Strategy, Consulting Strategy, Corporate Strategy, Information for Decision Making in Global Supply Chain Management, Innovation Management Negotiations, Relationship Selling Technique

(10). What is the average fee for the course MBA in Consultancy Management?

Ans. The average fee for MBA - Consultancy Management is INR 5,00,000 per year.

(11). What are the top colleges offering MBA - Consultancy Management courses?

Ans. Following are some of the top colleges offering Management courses :

(i). Indian Institute of Management (Bangalore)

(ii). Department of Management Studies, Indian Institute of Technology (Delhi)

(iii). Indian School of Business (Hyderabad)

(iv). Department of Management Studies - IITR (Roorkee)

(v). Narsee Monjee Institute of Management Studies (Mumbai)