MBA Consultancy Management Course, Fees, Syllabus, Colleges, Eligibility, Exams, Salary

MBA Consultancy Management Course, Fees, Syllabus, Colleges, Eligibility, Exams, Salary

Edited By Moksh Dheri | Updated on Dec 18, 2024 04:18 PM IST | #MBA

MBA Consultancy Management is a postgraduate degree programme of two-years duration, spread across four semesters. The curriculum consists of core, elective, and specialised subjects. MBA Consultancy Management course provides advanced knowledge of finance, management, marketing, and business analysis. Specialised courses typically focus on consulting methodologies, client engagement, and industry-specific expertise.

This Story also Contains
  1. MBA Consultancy Management Course Details
  2. MBA Consultancy Management Eligibility Criteria
  3. MBA Consultancy Management Admission Procedure
  4. Top MBA Consultancy Management Entrance Exams
  5. MBA Consultancy Management Cutoff for Top Colleges
  6. MBA Consultancy Management Syllabus/Subjects
  7. MBA Consultancy Management Fees
  8. MBA Consultancy Management Scope
  9. Career Options after MBA in Consultancy Management
  10. Top Recruiters
  11. Benefits of Studying MBA in Consultancy Management
  12. MBA Consultancy Management Salary

The MBA in Consultancy Management course prepares students for significant roles in management consulting within various organisations. Management consulting is a profession in which individuals assist organisations in solving complex business problems and achieving their strategic objectives. Elective subject options taught in the curriculum may include enterprise resource planning, leadership, entrepreneurship, supply chain management, and decision analysis. These options can vary across different colleges. In this article, candidates will find more information on aspects like the scope, benefits, salaries, fees, and the admission procedure.

MBA Consultancy Management Course Details

ParticularsValues

Degree Name

MBA Consultancy Management

MBA Consultancy Management Course Type

Postgraduate

MBA Consultancy Management Course Duration

2 years

MBA Consultancy Management Entrance Examinations

CAT, CMAT, GMAT, MAT, NMAT

MBA Consultancy Management Eligibility Criteria

Bachelor’s degree

MBA Consultancy Management Admission Process

Entrance Test

MBA Consultancy Management Fees for the entire duration

Rs. 3 Lakhs to Rs. 8 Lakhs

MBA Consultancy Management Average Salary

Rs. 12.79 LPA

MBA Consultancy Management Job Profiles

Management Consultant, IT Consultant, Growth Consultant, Marketing Consultant, Project Consultant

MBA Consultancy Management Top Recruiters

TCS, JP Morgan, Accenture, McKinsey, Deloitte, Infosys

MBA Consultancy Management Eligibility Criteria

The eligibility criteria of an MBA Consultancy Management varies depending on one institute to another. It can be found on the official website of each institution. However, certain requirements are commonly shared among most colleges, including a bachelor's degree with a minimum specified mark. The specific degree name and required minimum marks can differ between colleges. In the table below, we have mentioned the eligibility requirements of MBA Consultancy Management.

Eligibility ParametersDetails
Educational QualificationBachelor's degree from a recognised institute in India
Minimum aggregate scoreFor General- 50-60 per cent aggregate marks
For reserved category- 5-10 per cent relaxation for candidates belonging to the reserved category.
Work Experience (optional)1-2 year (5-10 per cent relaxation for candidates belonging to the reserved categories)
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MBA Consultancy Management Admission Procedure

Every year, numerous colleges and universities, both public and private, release admission notifications for MBA in Consultancy Management courses. Prospective candidates are advised to thoroughly review the course details before applying for MBA Consultancy Management admission to ensure a smooth application process. Mostly, public colleges admit students based on entrance examination scorecards, although this may not be the case for private colleges.

The MBA in Consultancy Management admission process at public colleges tends to be more difficult, making admission slightly more competitive compared to private colleges. Public colleges strictly follow all reservation norms during seat allocation. Below, we outline the MBA in Consultancy Management admission procedure followed by the top management colleges in India.

  • First, candidates need to check if they meet all requirements; otherwise, their application will not be accepted.
  • They have to appear for entrance exams like the CAT, CMAT, GMAT, MAT, or other state or university level.
  • Candidates can apply to their chosen colleges and pick their preferred course through online counselling only if they clear the cutoff.
  • Candidates may also be called for a personal interview and a group discussion round.
  • Seats are given based on entrance exam scores.
  • To secure a spot, candidates need to submit the necessary documents and pay the course fees.
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Top MBA Consultancy Management Entrance Exams

To secure admission to top-tier management colleges in India offering the MBA Consultancy Management course, students must successfully clear specific entrance examinations. In the following section, we will discuss some of the well-known MBA Consultancy Management entrance examinations.

Exam NameConducting BodyExam Schedule

CAT

IIM Lucknow

CAT Exam Schedule

MAT

All India Management Association

MAT Exam Schedule

XAT

XLRI Jamshedpur

XAT Exam Schedule

CMAT

National Testing Agency

CMAT Exam Schedule

NMAT

Graduate Management Admission Council

NMAT Exam Schedule


MBA Consultancy Management Cutoff for Top Colleges

Several colleges conduct their own entrance exams for MBA in Consultancy Management courses, while others take into account the cutoff scores from exams such as CAT, MAT, GMAT, and CMAT. Amity University is a renowned institution that offers MBA in Consultancy Management courses. The cutoff scores for these exams are typically announced annually by the respective colleges offering an MBA in Consultancy Management courses. Candidates who meet or exceed the cutoff scores are shortlisted for subsequent steps in the admission process.

It is important to note that the MBA in Consultancy Management cutoff scores are not fixed; they change annually due to various factors, including the total number of available seats, the number of candidates taking the exam, the difficulty level of the exam, and candidate categories.

MBA Consultancy Management Syllabus/Subjects

The MBA Consultancy Management curriculum can vary between colleges and may also differ for full-time students compared to part-time or distance learning students. However, the MBA Consultancy Management syllabus is typically structured into four semesters, with the first two semesters primarily emphasising core subjects, and the last two focusing on electives, specialisations, practical training, and internships. The governing body of the college is responsible for establishing the MBA Consultancy Management syllabus. In the below table, we have listed MBA Consultancy Management taught at BITS Pilani.

MBA Consultancy Management 1st Year Syllabus

In the first year of MBA Consultancy Management, students will study subjects such as Managerial Economics, Financial Management, and Consultancy Practice. In the table below, we have mentioned the second year syllabus of MBA Consultancy Management.

Semester 1Semester 2
Financial and Management AccountingMarketing
Quantitative Methods

Operations Management

Managerial Economics

Financial Management

Managing People & Organisations

Consultancy Practice

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MBA Consultancy Management 2nd Year Syllabus

In the second year, students will study subjects such as Strategic Management and Business Policy, Business Process Analysis, and Consulting and People Skills. It will also include a project work and elective courses.

Semester 3Semester 4
Consulting & People SkillsElective 1
Strategic Management & Business PolicyProject
Strategic Change ManagementElective 2
Business Process Analysis-

MBA Consultancy Management Fees

The MBA in Consultancy Management fee structure varies from one college to another. There is no fixed fee for the MBA Consultancy Management course, as it can fluctuate based on various factors including the college's reputation, placement track record, facilities offered, and the type of candidate seat (sponsored or non-sponsored). Typically, government colleges tend to have lower MBA Consultancy Management fees compared to private colleges, though there can be exceptions to this trend. The average MBA in Consultancy Management fees range from Rs. 3 lakhs to Rs. 8 lakhs, with self-sponsored seats generally having higher fees.

MBA Consultancy Management Scope

Management consultants are in demand across various industries, including healthcare, finance, technology, and manufacturing. In an increasingly complex business environment, organisations seek the expertise of consultants to address challenges and capitalise on opportunities. This global demand ensures a relatively stable job market for MBA Consultancy Management graduates.

Graduates can work as management consultants in consulting firms of all sizes, such as McKinsey, Boston Consulting Group (BCG), and Deloitte. Hence, we can say that the MBA in Consultancy Management scope can be quite promising. Furthermore, candidates interested in pursuing higher studies can opt for a Ph.D. and follow a career path as an academician or researcher.

Career Options after MBA in Consultancy Management

There are various career opportunities available to graduates after completing the MBA Consultancy Management course. Candidates can pursue careers in government as well as the public sector. Here are some MBA Consultancy Management career options candidates can consider:

Management Consultants: Management consultants help organisations improve their performance and solve business problems. They work with clients to identify issues, develop strategies, and implement solutions.

IT Consultants: IT consultants play a crucial role in helping organisations make informed decisions about their information technology infrastructure and strategies. They provide expert guidance and recommendations to address various technology-related challenges and opportunities.

Growth Consultants: Growth consultants are professionals who specialise in helping businesses identify and capitalise on opportunities for growth. They work with organisations to develop strategies and overcome challenges that can lead to increased revenue, market share, and overall success.

Marketing Consultants: Marketing consultants are professionals who specialise in helping businesses and organisations create and optimise marketing strategies to achieve their objectives. They provide expert guidance on market research, branding, advertising, digital marketing, and customer engagement.

Project Consultants: Project consultants are professionals who provide specialised expertise and guidance to organisations and businesses. They manage and execute various types of projects.

Top Recruiters

  • TCS
  • McKinsey
  • Deloitte
  • Accenture
  • JP Morgan
  • Infosys

Benefits of Studying MBA in Consultancy Management

An MBA in Consultancy Management benefits candidates with a deep understanding of consulting principles, strategies, and best practices. With specialised knowledge and skills, candidates will be considered for leadership roles and more significant responsibilities. MBA in Consultancy Management also opens up international opportunities for candidates, as many recruiters from abroad seek individuals with this specialisation. Graduates of MBA Consultancy Management courses also earn attractive salary packages.

MBA Consultancy Management Salary

The MBA in Consultancy Management salary is not fixed and is influenced by several factors. These factors include the skill level of individuals, the nature of their job roles, the job location, and the employer. MBA Consultancy Management salaries also differ for individuals working in India compared to those working outside the country. In the table below, we have presented the average MBA Consultancy Management salary alongside their corresponding job roles.

Job RolesAverage Salary

Management Consultant

Rs. 12.79 LPA

IT Consultant

Rs. 11.32 LPA

Growth Consultant

Rs. 12.03 LPA

Marketing Consultant

Rs. 6.88 LPA

Project Consultant

Rs. 7.01 LPA

To conclude, an MBA Consultancy Management is a promising course for someone interested in working in consultancy industry. It also prepares the graduates to get high-paying employment opportuinities.

Frequently Asked Questions (FAQs)

1. What is MBA Consultancy Management?

MBA in Consultancy Management is a two-year postgraduate programme that provides advanced knowledge of finance, management, marketing, and business analysis.

2. What are the eligibility criteria for MBA Consultancy Management?

Eligibility criteria can vary, but generally, candidates need a bachelor's degree with a minimum specified mark. The specific degree name and required marks may differ between colleges.

3. Which entrance exams are required for MBA Consultancy Management admissions?

Common entrance exams include the CAT, MAT, GMAT, CMAT, and NMAT. Some colleges conduct their own entrance exams.

4. How do MBA Consultancy Management admissions work?

Admissions are typically based on entrance exam scores, followed by personal interviews in some cases. The selection process varies by college.

5. What is the fee structure for MBA Consultancy Management?

The fees can vary widely depending on the college, reputation, facilities, and type of seat (sponsored or non-sponsored). On average, fees range from Rs. 3 lakhs to Rs. 8 lakhs.

6. What is the curriculum of MBA Consultancy Management?

The curriculum spans four semesters, with the first two focusing on core subjects and the last two on electives, specialisations, practical training, and internships.

7. What is the scope of MBA Consultancy Management?

Graduates can work as management consultants in various industries. The demand for consultancy services ensures a stable job market with promising career opportunities.

8. What are the potential career options after completing an MBA in Consultancy Management?

Graduates can pursue careers as management consultants, IT consultants, growth consultants, marketing consultants, and project consultants.

9. What is the salary of an MBA in consulting in India?

The average salary varies by job role, with management consultants earning around Rs. 12.79 LPA, IT consultants around Rs. 11.32 LPA, growth consultants around Rs. 12.03 LPA, marketing consultants around Rs. 6.88 LPA, and project consultants around Rs. 7.01 LPA.

10. Is MBA in consulting worth it?

Yes, if candidates have a genuine interest in consultancy, pursuing an MBA in Consultancy Management can be a valuable investment.

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Questions related to MBA

Have a question related to MBA ?

There are MBA colleges in Maharashtra that may accept candidates with less than 44% marks, especially those from reserved categories. Generally, most colleges require at least 50% for general candidates and 45% for reserved category candidates. However, entrance exams like MAH MBA CET, CAT, or CMAT, along with work experience, can help boost your chances of admission. It's important to research the specific eligibility criteria of each college and contact their admissions office for detailed information.

MBA program fees vary greatly depending on the school and country. In the U.S., top schools like Harvard, University of Chicago Booth, and Columbia charge tuition fees between 76,000 USD and 88,000 USD per year, with total expenses, including living costs, reaching over 112,000 USD.


In India, institutions like IIM Ahmedabad and FMS Delhi University offer more affordable options, with fees ranging from around 28,837 INR to 2,411 INR.


Online MBA programs tend to be cheaper, with fees ranging from 5,000 USD to 60,000 USD.


When considering an MBA, make sure to also factor in additional costs like books, materials, and living expenses, and explore financial aid options if needed.

According to available information, the placement scenario for MBA students at BIT Mesra is considered good, with a high placement rate, and average packages around 7 LPA, with some companies offering higher packages up to 16 LPA; top recruiters include Vedanta Group, Crompton Greaves Ltd., NTPC, and Exide Industries; most students are placed in diverse sectors with a significant portion getting placed in IT services companies as well.

Hello,

The MBA program at BIT Mesra has demonstrated a positive placement trend in recent years:

  • 2024 Placements : The highest package offered was Rs. 22 LPA.
  • 2023 Placements : The highest package offered was Rs. 20 LPA.
  • 2022 Placements : The highest package offered was Rs. 16 LPA.
  • 2021 Placements : The highest package offered was Rs. 18 LPA.
  • 2024 Placement Statistics : The average package offered was approximately Rs. 7 LPA, with an 84% placement rate.

These figures show a consistent upward trend in both highest and average salary packages for MBA graduates from BIT Mesra .

Hope it helps !

Dear aspirant !!

Hope you are doing well ! Here are some colleges who don't even take any test .

Best MBA Colleges in India Offering Direct Admission Without Entrance Exam

Name of the College Average Fee (in INR)
Apeejay School of Management 8.5 L
GD Goenka University 7 L to 8 L
Andhra Loyola College 70 K
Indian Institute of Foreign Trade (IIFT) 4.5 L to 21.77 L

.

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india .

Hope it will be helpful !!

Thanking you !

Have a great day !

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