MBA Consultancy Management

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Mar 13, 2023 19:31PM IST

About MBA - Consultancy Management

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.

MBA Consultancy Management Highlights

Find out all the important details about MBA in Consultancy Management from the table given below.

Level

PostGraduate

Duration

2 Years

Exam Type

Semester

Minimum Qualification Requirement

Bachelor Degree 

Average Initial Salary

INR 3 to 18 lacs per annum

Selection Process

Entrance Exam

Minimum Aggregate Score Requirement

50%-55%

Major 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

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MBA - Consultancy Management Eligibility Criteria

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.

MBA - Consultancy Management 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.

MBA - Consultancy Management Entrance Exam

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. 

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MBA - Consultancy Management Syllabus

Popular Subjects:

Marketing

Enterprise Resource Planning

Quantitative Methods

Leadership & Managing Change

Financial and Management Accounting

Financial Management

Managing People & Organizations

Consulting & People Skills

Managerial Economics

Supply Chain Management

Operations Management

Project Management

Business Process Analysis

Strategic Change Management

Consultancy Practice

Management Information & Decision Support Systems

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MBA - Consultancy Management Career Options and Job Prospects

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.

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

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

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

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

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

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

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

In a nutshell, a 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 lakh to Rs. 15 lakh depending on the experience of the candidate.

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FAQs about MBA Consultancy

What are the top colleges offering MBA - Consultancy Management courses ?

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.

What is the average fee for the course MBA - Consultancy Management ?

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

What is the duration of the course MBA - Consultancy Management ?

MBA - Consultancy Management is a 2 year course.
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Related Questions

I

Intajur Rahaman, Content Team

-Answered on Nov-04-2024

Dear Student.

The MBA 2024-25 fee structure for Siddaganga Institute of Technology, Tumkur is not available with us right now. However, the total course fees for pursuing a Master of Business Administration course at the institute is INR 1.2 lakhs. Typically an MBA course has a duration of 2 years and the fee structure is divided into four payments for each semester. If you wish to pursue an MBA from Siddaganga Institute of Technology, Tumkur you may visit the official website of the institute or contact the admissions office for detailed information. Some of the common expenses that you may need to bear when paying MBA fees in India include an admission fee, library fee, examination fee, etc. Typically, these payments are to be done along with the first semester tuition fees for MBA at the time of admission.

I

Intajur Rahaman, Content Team

-Answered on Nov-04-2024

Dear Student,

Yes, MIT WPU accepts CAT scores for admission to their postgraduate management programs. MIT WPU offers several MBA specializations to eligible candidates, some of which are Marketing, Finance, International Business, Human Resource Management, Operations and Supply Chain Management, Banking and Financial Services, Digital Marketing, Business Analytics, etc. Aspirants need to have a valid non-zero score in the CAT 2024 exam and they also need to score at least 60% aggregate (55% for Reserved category) in Graduation in any stream from UGC approved University or equivalent in order to be eligible for admission. Candidates also need to score at least 60% aggregate marks in Class 12th and Class 10th with English as one of the main subjects. As for the minimum marks in CAT 2024 for admission to MIT WPU, the CAT cutoff for MIT WPU is expected to be 60 percentile as per previous year cutoff trends.

I

Intajur Rahaman, Content Team

-Answered on Oct-29-2024

Dear Student,

The MAT exam syllabus is quite vast and you need to cover the entire syllabus thoroughly in order to increase your chances of cracking this entrance exam with flying colors. However, it is also important to prioritize certain topics that either have a higher tendency to appear on the MAT 2024 question paper or have a higher weightage than other topics from the MAT syllabus. Important topics from MAT Language Comprehension section include Antonyms & Synonyms, Reading Comprehension, One Word Substitution, Sentence Correction, Idioms/Phrases, Fill in the Blanks, Para Jumbles, etc. For MAT Intelligence and Critical Reasoning, important topics include Arrangement, Series, Pie Chart, Blood Relations, Calendars, Coding & Decoding, Syllogisms, Statement Conclusions, and Column Graphs. MAT Mathematical Skills important topics include Percentages, Permutation and Combinations, Binomial Theorem, Profit and Loss, Sequence And Series, Surds and Indices, Interest (Simple and Compound), Heights and Distance, and Inequalities. Speed, Time and Distance, Triangles, Set Theory, etc. For the Data Analysis & Sufficiency section of MAT Tables, Caselet-based Data, Bar Diagrams, Graphs – Line X-Y Graphs, Venn Diagram, etc are important topics. Important topics from the MAT Economic and Business Environment Section section include Current Affairs, World Records, Business, Awards and Winners, Books and Authors, Company Punchlines, History, International Organisation, etc.

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