Top MBA Colleges for Consulting in India: Ranking, Fees

Top MBA Colleges for Consulting in India: Ranking, Fees

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Saumya
Saumya Jain
Assistant Manager- Content
Updated on May 26, 2025 15:27 IST

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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Table of content
  • 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.

Q:   Is XLRI Jamshedpur Tier 1 college?
A:

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 BodyCategoryRank

FT Global Rankings 2024

India (MBA)

6

FT Global Rankings 2024

Global (MBA)

99

NIRF Rankings 2024Management10
The Week Rankings 2022Private B-school1

The Week Rankings 2022

All-India Ranking

2

Check the Other Top Private MBA Colleges in India

Q:   What is the IIFT Delhi ranking for its MBA course?
A:

IIFT Delhi is one of the top MBA institutes in the country. In 2024, the institute has received good ranking from different ranking bodies. Mentioned below are the ranking bodies along with IIFT 2024 rankings:

  • NIRF '24: 15
  • Times: 07
  • Business Today: 07
Q:   What was FMS Delhi MBA programme ranking?
A:

FMS Delhi has earned a stellar reputation in the field of management since its inception. Notable FMS Delhi rankings include being ranked 5th in the "Best Government B-School" category by IIRF 2023, 9th in the "Management" category by Business Today 2022, and 9th among "Top Government MBA Colleges" by Outlook-ICARE 2022. In addition, FMS Delhi was ranked 10th in the "B-School" category by ET B-School Marketing in 2021.

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. 

Q:   Can I get admission in MBA at IIM Calcutta if my rank is between 90 and 95?
A:

To get admission in MBA at IIM Calcutta, candidates must qualify the CAT exam and attain the required percentile. The IIM Calcutta CAT Cutoff 2023 (Overall) for the General AI Category candidates was 99. Therefore, it was not possible for candidate having cutoff percentile of 90-95 to get MBA at IIM Calcutta. 

Among the OBC AI category candidates also, the Cutoff percentile to get MBA at IIM Calcutta was 99. Thus, there is a very rare of change of getting admission at IIM Calcutta at this score. 

Institute Name

Exam Score Accepted

Fees(In INR)*

BITS-Pilani

XAT, CAT

INR 2.7 lakh to INR 10.4 lakh

IIM Rohtak

CAT

INR 17.7 lakh to INR 18.9 lakh

IIM Calcutta

CAT

INR 27 lakh

Schulich School of Business, Hyderabad

GMAT

INR 52.72 lakh

IIM Bangalore

CAT

INR 12.5 lakh to INR 24.5 lakh

IIM Ahmedabad

CAT

INR 12 lakh to INR 25 lakh

XLRI Jamshedpur-Xavier School of Management

XAT

INR 4 lakh to INR 58.8 lakh

FMS-New Delhi

CAT

INR 2 lakh

IIM Indore

CAT

INR 17.3 lakh to INR 35 lakh

IIM Lucknow

CAT

INR 7.6 lakh to INR 12.6 lakh

IIM Kozhikode

CAT

INR 12.1 lakh to INR 22.5 lakh

Management Development Institute, Gurgaon

CAT

INR 8.3 lakh to INR 26 lakh

IIM Mumbai (NITIE)

CAT

INR 14 lakh

SPJIMR-Mumbai

CAT/XAT/GMAT/MAT/ATMA

INR 9.5 lakh to INR 24 lakh

Indian Institute of Foreign Trade (IIFT)

CAT

INR 4.5 lakh to INR 21.8 lakh

IIM Shillong

CAT

INR 11.1 lakh 

Symbiosis Institute Of Business Management-Pune

SNAP, MAH MBA CET

INR 17.2 lakh to INR 24.2 lakh

ISB, Hyderabad

CAT

INR 3.5 lakh to INR 25.8 Lakh

NMIMS-Mumbai

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.

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About the Author
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Saumya Jain
Assistant Manager- Content

Saumya brings over seven years of editorial experience, with more than five years of wielding pen (and keyboard) at Shiksha. A graduate in English Literature from Delhi University, she is a storyteller at heart. A t... Read Full Bio