Top MBA Colleges for Consulting in India: Ranking, Fees
The area of scope of MBA in Consulting is increasing. It is a new field of MBA specialisation, however, is fast becoming a preferred choice. Check here the list of top MBA colleges for consulting in India.
Consulting in India is becoming one of the most preferred career paths. Consultants are hired by top companies as business advisors who look after the key decisions of the organization and can help the organization to reach new heights. The demand for MBA graduates who have specialisation in the field of consulting is growing in the corporate market. In this article you will find some of the top MBA colleges for MBA in Consulting in India.
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- What is an MBA in Consulting?
- MBA in Consulting Management: Job Roles and Career Opportunities
- MBA in Consulting Management: Course Curriculum
- Top MBA Colleges for Consulting in India
What is an MBA in Consulting?
MBA in marketing, finance, IT, HR, etc. are some of the very popular specialisations that MBA aspirants opt for. MBA in Consulting is relatively a new field of specialisation, however, it is fast becoming the most preferred choice for MBA specialisation. Choosing this as your career will open many opportunities for you, as many top consulting firms hire MBA graduates at a handsome salary package. MBA in consulting will help you develop a deep business knowledge combined with consulting and leadership skills. It will help you increase your expertise in different domains of the business and teach you how to put your best foot forward to grow a business. While pursuing MBA in Consulting you will learn how to make the best use your business knowledge and consulting skills in any organization that you work in.
As per the NIRF 2023 Rankings, IIM Ahmedabad has been ranked 1 among the top Management colleges in India. IIM Ahmedabad has been continuously ranked among the top 3 Management institutes in India by NIRF. IIRF Ranking 2023 has also ranked IIM Ahmedabad at the 1st position in the year 2023. Candidates can refer to the table below for a detailed overview of the rankings:
IIM Ahmedabad National Ranking 2023 | ||
|---|---|---|
Ranking body | Category | Rank |
NIRF 2023 | Management | 1 |
IIRF 2023 | Management | 1 |
Outlook I-Care 2023 | Management | 1 |
The B-School has received a good ranking from a lot of agencies. It is counted among the top Management institutes in India. Candidates can check MDI B-School 2024 rank in the following table:
| Ranking Body | Rank '23 | Rank '24 |
|---|---|---|
| India's Best B-School Rankings | 10 | -- |
| NIRF | 13 | 11 |
| Business Today | 07 | 06 |
MBA in Consulting Management: Job Roles and Career Opportunities
The economic conditions of the market are never stable. Hence, every firm needs a consultant who can help the company grow. MBA in consulting graduates are a valuable asset for any company, especially in unfavourable conditions. They are expected to understand the economies, fix the failing systems and manage people. In simple words, they are hired to eradicate the inefficiency of the system and at the same time help in the growth of the business by making optimum utilization of the available resources. If we see, consultants do not really help the companies in generating revenue but ironically they are highly paid. Consultants take some of the most important and key decisions for the companies and form strategies for them.
MBA in Consulting Management: Course Curriculum
A student gets to learn a wide range of subjects while pursuing MBA in Consulting Management. The course covers different aspects of the business and also teaches the skills of a consultant. Listed below are some subjects that are taught in MBA in Consulting programme.
| MBA in Consulting Management Course Curriculum |
|
|---|---|
| Financial and Management Accounting |
Managerial Economics |
| Quantitative Methods |
Managing People and Organizations |
| Marketing |
Financial Management |
| Operations Management |
Consultancy Practice |
| Consulting and People Skills |
Strategic Change Management |
| Project Management |
Business Process Analysis |
| Supply Chain Management |
Leadership and Managing Change |
| Management Information & Decision Support Systems |
Enterprise Resource Planning |
Top MBA Colleges for Consulting in India
If you wish to study consulting in your post-graduation and want to pursue a career in this field then you should consider pursuing MBA in the below listed colleges because many top consulting firms come to these colleges for recruitment and offer high-level jobs for various roles.
XLRI Jamshedpur is one of the top-ranked colleges in India. Over the past few years, the XLRI - Xavier School of Management has been ranked under multiple streams namely Management, and others. A few of the important XLRI Jamshedpur rankings are mentioned in the table given below:
| Ranking Body | Category | Rank |
|---|---|---|
FT Global Rankings 2024 | India (MBA) | 6 |
FT Global Rankings 2024 | Global (MBA) | 99 |
| NIRF Rankings 2024 | Management | 10 |
| The Week Rankings 2022 | Private B-school | 1 |
The Week Rankings 2022 | All-India Ranking | 2 |
| Institute Name |
Exam Score Accepted |
Fees(In INR)* |
|---|---|---|
| XAT, CAT |
INR 2.7 lakh to INR 10.4 lakh |
|
| INR 17.7 lakh to INR 18.9 lakh |
||
| CAT |
INR 27 lakh |
|
| Schulich School of Business, Hyderabad |
GMAT |
INR 52.72 lakh |
| CAT |
INR 12.5 lakh to INR 24.5 lakh |
|
| CAT |
INR 12 lakh to INR 25 lakh |
|
| INR 4 lakh to INR 58.8 lakh |
||
| CAT |
INR 2 lakh |
|
| CAT |
INR 17.3 lakh to INR 35 lakh |
|
| CAT |
INR 7.6 lakh to INR 12.6 lakh |
|
| CAT |
INR 12.1 lakh to INR 22.5 lakh |
|
| CAT |
INR 8.3 lakh to INR 26 lakh |
|
| CAT |
INR 14 lakh |
|
| INR 9.5 lakh to INR 24 lakh |
||
| CAT |
INR 4.5 lakh to INR 21.8 lakh |
|
| CAT |
INR 11.1 lakh |
|
| INR 17.2 lakh to INR 24.2 lakh |
||
| CAT |
INR 3.5 lakh to INR 25.8 Lakh |
|
| NMAT/GMAT/GATE/ MAH CET |
INR 13 lakh to INR 25 lakh |
*Fees mentioned is according to the latest data available. It may change in the new academic session.
Also Read:
IIM Ahmedabad ranks 1 under the Management category by NIRF 2023. On an international level, IIM Ahmedabad ranks 22 in the QS World University Ranking 2023 by Subject (Business and Management Studies). IIM Ahmedabad has been ranked by several other prominent international and national ranking bodies. It can be perceived that IIM Ahmedabad is one of the best B-schools in India.