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Top MBA in Consulting Colleges in India 2025: Fee Structure and Placement

IIM Ahmedabad, IIM Bangalore, ISB Hyderabad and FMS DU are considered the best MBA colleges for consulting roles in India. Consulting firms like McKinsey, Boston Consulting Group and Bain & Company recruit a significant number of graduates from these top colleges. This blog would help you in choosing the right MBA college for consulting.

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MBA in Consulting

An MBA in consulting is a career path where a master of business administration advises organisations on solving complex problems. It focuses on using core MBA disciplines like strategy, finance, operations, and leadership to deliver important recommendations.

Consulting firms like McKinsey, BCG and Bain actively recruit MBAs for their analytical rigour and business acumen. The role involves diagnosing issues, analysing data and guiding executive-level change. An MBA provides the essential toolkit, credibility and network to excel in this fast-paced, high-stakes environment, often serving as a launchpad for senior leadership roles.

Top MBA Colleges for Consulting  in India 2025

Entrance Exams for admission into the Best MBA Programs for Consulting

Top MBA colleges for consulting in India accept CAT, GMAT, XAT, SNAP and NMAT scores for admission into their MBA courses. All IIMs and government colleges such as FMS DU and JBIMS,  accept CAT scores. JBIMS also accepts CMAT and MHCET scores. A GMAT score is accepted by ISB. XLRI accepts the XAT score, which is conducted by XLRI itself.

Opportunities After MBA Consulting 2025

There are a lot of opportunities after an MBA in consulting; three of them are:

  • Work with the Big Three, McKinsey and Company, Boston Consulting Group and Bain and Company as associates or consultants or join firms like Deloitte, KPMG, EY, PwC, Accenture and Oliver Wyman.

  • Many consulting MBAs join Fortune 500 companies like Amazon, Google and Microsoft for corporate strategy and corporate development.

  • Entrepreneurship and Internal Consulting  

MBA Colleges with MBB Placements

Top consulting companies like McKinsey and Company, Boston Consulting Group and Bain and Company are the big three of the consulting industry, popularly called the MBB and are the major job providers for consulting graduates. They approach all the top ten management institutes mentioned here for consulting placements. Other top recruiters are Deloitte, KPMG, EY, PwC, Accenture and Oliver Wyman, which provide many consulting jobs. 

Top MBA Colleges in India for Consulting with Fees and Placement

A list of top B-schools in India for consulting along with the program fee and salary packages. These are the best MBA colleges in India that offer two years of MBA except ISB college which offers a one-year PGPM program. After one year of study, MBA graduates are selected for a consulting internship by the top firms, where they get practical experience and the majority of them are absorbed in these firms for proper consulting careers.

Name of College

Program Fees in INR

Average Salary in INR, LPA

Indian Institute of Management Bangalore

28.1

34.88 

Indian Institute of Management Ahmedabad

27.5

34.45 

Indian School of Business Hyderabad

45

33.08

Faculty of Management Studies, Delhi University

2.32

34.03

SP Jain Institute of Management and Research, Mumbai

26.5

33

Indian Institute of Management Calcutta

27

35.07

Indian Institute of Management Lucknow

20.75

32.03

Indian Institute of Management Kozhikode

23.5

28.05

XLRI Jamshedpur

30.6

31.08

MDI Gurgaon

25.99

25.06

Other Good B-Schools for MBA in Consulting Management

Other top management colleges offer management consulting programmes and are good in India for consulting careers:

  1. IIM Indore

  2. IIFT New Delhi and Kolkata

  3. SIBM Pune

  4. IIM Mumbai

  5. NMIMS Mumbai

FAQs

The best MBA colleges for consulting are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB Hyderabad and SPJIMR Mumbai.

The best companies for placements in MBA consulting are McKinsey and Company, Boston Consulting Group and Bain.

The best MBA colleges for consulting are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB Hyderabad and SPJIMR Mumbai.