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

MBA in Consultancy Management is a two-year postgraduate programme for full-time students and working professionals. Through a combination of core, elective, and specialised subjects, the 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. 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.

Highlights - MBA Consultancy Management

MBA Consultancy Management Eligibility Criteria

The MBA in Consultancy Management eligibility criteria may vary from one college to another, and detailed information 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.

It is worth noting that government colleges often impose more strict eligibility criteria for MBA Consultancy Management admission compared to private colleges. Below is a compilation of the common MBA Consultancy Management eligibility criteria that many management colleges in India generally consider.

• Candidates need to have a bachelor’s degree in any discipline from a recognised university.
• They need to score at least 50 per cent marks in their respective degrees.
• To gain admission to top colleges, candidates need to pass entrance examinations; CAT, MAT, CMAT, GMAT, NMAT, and other state or university-level entrance tests.
• For reserved category students, there will be a five per cent concession on minimum marks.

Popular Management Colleges in India

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.

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.

CAT: The Common Admission Test (CAT) is India's top MBA Consultancy Management entrance exam. It is administered on a rotating basis by one of the IIMs. CAT is a computer-based exam that spans three hours, and candidates must have a minimum of 50 per cent marks in their undergraduate degree to appear for this test.

MAT: The Management Aptitude Test (MAT) is a nationwide entrance examination in India, organised by the All India Management Association. MAT offers two options for test-taking; it can be taken in either a Paper-Based Test (PBT) or a Computer-Based Test (CBT) format.

GMAT: The Graduate Management Admission Test (GMAT) is widely recognised by numerous business schools and universities as an admission requirement for MBA programmes. GMAT evaluates the analytical, quantitative, and reading abilities of applicants.

CMAT: The Common Management Admission Test (CMAT) is a national-level entrance examination conducted every year by the National Testing Agency (NTA). Several business schools and management institutions in India take CMAT scores into account during their admissions process.

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 Skills

In order to succeed in any field, individuals must possess specific skill sets that are relevant to that particular area. To acquire a thorough grasp of the MBA Consultancy Management course, several essential skills can greatly benefit candidates. These crucial MBA Consultancy Management skills are provided in the table below:

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 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.

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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.

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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.