Degree Course Type 

Masters

Entry Level Qualification 

Graduate

Degree Course Duration 

2 Year

Course Fields 

Management

Degree Course Entrance Exam 

CAT, CMAT, MAT

Average Course Fee 

50000 - 500000 Per Year

Average Salary Offered 

400000 - 1500000 Per Year

Course Details 

The MBA in Consultancy Management course is one of the emerging courses and can be pursued in full-time and online mode. Below listed are details regarding types of MBA Consultancy Management courses:

Course Highlights 

About Course 

In order to become a successful Management Consultant with world-class companies, one can pursue MBA in Consultancy Management. There are various popular colleges in India that offer this two-year MBA degree courses. The programme covers areas like strategy, structure, management and operations to make the candidate efficient in understanding the business of an organisation.

India has seen a rise in the servicing sector and hence the country has several organizations offering consultancy services in various areas of business such as HR, Marketing, Finance, IT and others. Consulting is an attractive career option and allows candidates to broaden their business experience. Personal development is one of the best advantages of consulting as a career because you get the opportunity to work with multinational clients and attend to their issues.

Why Choose Course And Required Skills 

Students can evaluate the inherent value of the program because an MBA in Consultancy Management course offers a wide range of professional prospects, from IT consultant, and strategy consultant to project lead consultant.Below mentioned are some detailed reasons regarding why one should choose an MBA Consultancy Management course:

1. As per the Market Research Blog, the growth of global management consulting services is projected to grow at a CAGR of 4% by the year-end of 2023.

2. The Indian Management Consultancy market is expanding at a CAGR of 30%, leading to a higher demand for skilled professionals.

3. The management consulting employment is projected to grow by 11% by the year 2031.

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.

1. Project Management Skills: To manage timelines, allocate resources, and deliver the project with full efficiency.

2. Research Skills: To make informed business designs and understand client business strategies.

3. Data Analysis Skills: To identify trends, patterns, and opportunities for client business.

4. Networking Skills: To bring new prospective clients to the company and drive business growth.

5. Cross-Functional Collaboration: To collaborate with different teams to manage the client and internal business process/project.

Eligibility  

Candidates who have passed any bachelor's degree are eligible to apply for admission in the MBA in Consultancy Management program. It must be noted that there are many colleges offering MBA in Consultancy Management. The eligibility requirements for the MBA program in Consultancy Management may differ from one college to another. Applicants can check the information brochure of the college to know more about the eligibility criteria.

Entrance Exams Details 

Candidates who are applying for admission to the MBA in the Consultancy Management program will have to get a good percentage in the entrance exam. There are various entrance exams which are conducted for admission to MBA in Consultancy Management. Candidates are advised to check the website of the college to know details about the entrance exams accepted by the college. Some of the entrance exams for MBA in consultancy management are CAT, CMAT and MAT. 

Degree Course Syllabus 

Top Colleges 

Following are some of the top colleges offering Management courses:

Indian Institute of Management (Bangalore), Department of Management Studies, Indian Institute of Technology (Delhi), Indian School of Business (Hyderabad), Department of Management Studies - IITR (Roorkee), Narsee Monjee Institute of Management Studies (Mumbai). You can explore these colleges on our website to check if they offer MBA - Consultancy Management or not.

Course Fees 

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

Top Recruiters And Salary 

Major Recruiters are KPMG, Deloitte, E&Y, PWC, AT Kearney, IPE Global Limited, Willis Towers Watson, Conduent Business Services, Mckinsey, S&P Capital, IQ India Pvt Ltd.

Management Consultant assumes the role of an analyst, focusing on research, data collection and analysis. This leads to bigger roles like leading teams, designing and developing solutions and projects. At a senior level, you will be involved in generating new business, developing client relationships and overseeing the strategic growth of the firm. Salaries in this field vary from Rs. 4 lakhs to Rs. 15 lakhs depending on the experience of the candidate.

Course Scope And Career Options 

Management consultant jobs require you to assist people to enhance their business and flourish as an organization by solving problems that occur in the business process as well as implementing better ways of conducting trade. Consulting gives you an option to work in both private and public sectors as both types of institutions rely on experts to optimize their business by reducing costs and increasing benefits.

1. Generalist: Companies like Deloitte, EY, KPMG, PwC and Accenture fall under this category, offering a range of services from strategy consulting and human resources, to IT and outsourcing on a global basis

2. Strategy Consultants: These guys offer strategic advice to companies on a project-by-project basis like rationalization of goods and services, long-range planning, along with new market entry

3. Human Resource Consultants: Are experts offering HR advice in various aspects of Human Resource Management like organisational restructuring, talent and rewards strategies

4. Information Technology Consultants: Are specialists who offer IT advice like defining information needs, systems analysis and design, as well as applications consulting

5. Financial Consultants: Are guys who are influential in offering budgetary advice like installation of budgetary control systems, profit planning and capital and revenue budgeting

6. Outsourcing Consultants: Are guys who manage to outsource projects such as IT, Finance and HR

7. Entrepreneurs: Consultants often set up their own consultancies in a particular sector or specialist service for bigger companies to take their services

Management Consultant assumes the role of an analyst, focusing on research, data collection and analysis. This leads to bigger roles like leading teams, designing and developing solutions and projects. At a senior level, you will be involved in generating new business, developing client relationships and overseeing the strategic growth of the firm. Salaries in this field vary from Rs. 4 lakhs to Rs. 15 lakhs depending on the experience of the candidate.

Admission Process 

The colleges select candidates on the basis of scores in qualifying examination. 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.