Great Lakes - PGPM & PGDM 2025
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Top consulting companies like McKinsey, BCG, EY, JP Morgan, and Deloitte often recruit top talent from IIMs, IITs, and other top MBA colleges in India. These consulting giants value the strategic decision-making, thinking, problem-solving abilities, and leadership skills that MBA in consulting graduates from these Indian B-schools bring to the table. This article lists the prominent consulting firms that actively hire from India's top MBA colleges. This list has been compiled using the data obtained from the official placement brochures and college communications highlighting the hiring trends and the number of MBA graduates recruited by top consulting companies last year.
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The highest salary package offered in the consulting domain during the IIM MBA placements 2024 was around Rs. 45 LPA.
The highest number of consulting job offers were made by top consulting firms like Deloitte, Accenture, EY, PwC and KPMG.
IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi and IIM Calicut are some of the best MBA institutes to kickstart a career in the consulting domain offering the highest MBA salary packages.
The table below lists the total number of students that were recruited by top consulting firms like Deloitte, Accenture, EY, PwC and KPMG last year from IIMs, IITs, and other MBA colleges in India.
Company Name | IIM/ IIT | Other Institutes | Grand Total |
Deloitte | 19 | 47 | 66 |
Accenture | 23 | 33 | 56 |
Ernst & Young | 11 | 33 | 44 |
PwC | 15 | 22 | 37 |
KPMG | 6 | 28 | 34 |
Capgemini | 9 | 21 | 30 |
JP Morgan | 9 | 10 | 19 |
Goldman Sachs | 7 | 11 | 18 |
McKinsey | 11 | 6 | 17 |
CRISIL | 5 | 12 | 17 |
Morgan Stanley | 4 | 9 | 13 |
Bain & Company | 5 | 5 | 10 |
S&P Global | 9 | 9 | |
Moody's Corporation | 8 | 8 | |
Gartner | 1 | 5 | 6 |
Boston Consulting Group | 4 | 2 | 6 |
Blackrock | 2 | 3 | 5 |
Acxiom Consulting Private Limited | 2 | 2 | |
Zaax Consulting | 1 | 1 | |
Valorant Consulting | 1 | 1 | |
TecTree Software Consulting Private Limited., Search Bourne Consulting, MSC (MicroSave Consulting), Kellogg's | 1 | 1 | |
Grand Total | 132 | 271 | 403 |
The placement cell at IIMs and IITs maintains strong relationships with the top recruiters of all sectors. The training and quality of education given by these top MBA institutes make these MBA graduates an attractive bet for the top multinational consulting firms in India. Additionally, the NIRF ranking and other accreditations of top MBA colleges in India attract consulting firms to pick eligible candidates during the MBA consulting placements drive.
Deloitte recruited the highest number of MBA graduates in the consulting domain which is 66, out of which 19 were from IIM/IIT and 47 from other institutes. Deloitte is one of the top consulting firms where every MBA aspirant aspires to work.
Accenture is the second in the line hiring 56 MBA graduates in consulting. It recruited 23 students from IIM/IIT and 33 from other BSchools in India.
EY recruited 44 graduates from IIM, IIT and other MBA colleges. Ernst and Young is one of the desirable Big 4 companies where MBA graduates wish to work in the consulting domain.
PwC recruited 37 MBA graduates from top MBA colleges in India with the best salary packages offered for the consulting sector.
KPMG, another leading firm in the consulting domain for years, offered placement to 34 students of these top MBA colleges last year.
Capgemini offered MBA placement to 30 graduates from IIM, IIT and other colleges with the best MBA salary packages in the consulting domain.
JP Morgan made 10 and 9 MBA consulting job offers to the students at IIMs and IIT respectively.
The table lists the top MBA colleges offering MBA placements at consulting firms along with their average salary packages.
Top Consulting Firms | Name of the Institute | Median Salary (in Rs.) |
Accenture | ||
IIM | 1650000 | |
1853244 | ||
1525000 | ||
1600000 | ||
2700000 | ||
3100000 | ||
IIT | 1725000 | |
2664000 | ||
1809000 | ||
2450000 | ||
2445000 | ||
2045668 | ||
Other Institutes | 3024000 | |
2613000 | ||
2400000 | ||
2650000 | ||
3200000 | ||
Deloitte | ||
IIM | Indian Institute of Management Ahmedabad | 3100000 |
Indian Institute of Management Kozhikode | 2700000 | |
3200000 | ||
2470000 | ||
2000000 | ||
IIT | Indian Institute of Technology Delhi | 2445000 |
Indian Institute of Technology Roorkee | 1809000 | |
Indian Institute of Technology Kanpur | 1725000 | |
Indian Institute of Technology Bombay | 2664000 | |
Other Institutes | 6000000 | |
1450000 | ||
10000000 | ||
1410000 | ||
EY | ||
IIM | 1594000 | |
Indian Institute of Management Bangalore | 3300000 | |
1720000 | ||
Indian Institute of Management Kozhikode | 2700000 | |
1873972 | ||
IIT | Indian Institute of Technology Roorkee | 1809000 |
Other Institutes | 1500000 | |
International Management Institute, Bhubaneswar | 1200000 | |
International Management Institute, Delhi | 1633000 | |
International Management Institute, Kolkata | 1050000 | |
830000 |
Check out Jobs After MBA From IIM That Pay The Highest
MBA aspirants who wish to make a career in the consulting domain can see the table below to know the different job roles offered in the consulting domain along with their average salary packages. Entry-level job roles usually start as business analysts, with opportunities in fields like finance, IT, and operations based on skills and MBA specialization.
Consulting Job Roles | Average salary package in consulting role |
Business Analyst | Rs. 10 LPA to Rs. 18 LPA |
Consultant | Rs. 18 LPA to Rs. 28 LPA |
Senior Consultant | Rs. 25 LPA to Rs. 40 LPA |
Engagement Manager | Rs. 35 LPA to Rs. 50 LPA |
Principal / Associate partner | Rs. 50 LPA to Rs. 75 LPA |
Managing Director | Rs. 80 LPA to Rs. 1 CPA |
Strategy Consultant | Rs. 20 LPA to Rs. 35 LPA |
Operations Consultant | Rs. 18 LPA to Rs. 30 LPA |
Financial Consultant | Rs. 15 LPA to Rs. 28 LPA |
IT Consultant | Rs. 12 LPA to Rs. 25 LPA |
Also See: Average Package of IIM
Choosing the right MBA college and specialization is crucial for landing a job at McKinsey, BCG, EY, KPMG, Deloitte, etc. The table below lists some of the best MBA institutes and programs that one can pick up to make a career in consulting.
MBA Specialisation | MBA College |
MBA in Strategy | IIM Ahmedabad IIM Bangalore |
IIM Calcutta IIM Mumbai | |
IIM Calcutta XLRI Jamshedpur | |
SPJIMR Mumbai ISB Hyderabad | |
IIM Indore IIT Delhi | |
XLRI Jamshedpur TISS Mumbai | |
IIM Bangalore ISB Hyderabad |
The student cannot join the postgraduate MA program directly in the second year of the MA after completing the MBA.
Universities generally expect students to begin the first year of a masters' program even though they had qualifications at the level of a bachelor's degree. The university's curriculum along with the courses are planned to give an in-depth knowledge of the subjects.
But you could opt for:
Postgraduate Studies:
Research Career: In case research interests you, then you can pursue a Ph.D. in your specific interest.
Specialized Master's Programs: Find any specific master's course that supports the career goal.
Professional Certifications:
Make a professional certification in CFA, CA, or FRM to enhance the professional skills and better opportunities in the career field.
Job Entry via MBA
After gaining an MBA from a renowned institution, it's possible to get entry into the corporate world where the diversity in the career field is assured.
In the end, it would depend on what you would like and what you are particularly interested in. It will be better if you take a suggestion from your academic advisor or career counselor.
Hello Pratik,
If your family income exceeds 8 LPA, it will affect your eligibility for the NC-OBC category under the CAT reservation rules. The NC-OBC category requires that the family income should be below 8 LPA to qualify. If you anticipate that your income will exceed this threshold, you should update your status and notify the CAT authorities .
Here's what you can do:
Email the CAT authorities
: Inform them about the potential change in your income status and request to be considered under the
General
category, if applicable. You should do this before the examination or any further processing, as your eligibility for the OBC category depends on the income criteria.
Documents and Proof
: Make sure you have a valid
OBC certificate
and any relevant documentation regarding your family income, in case they require verification. Also, be aware that if your income exceeds 8 LPA, you might need to apply under the
General
category, as the OBC-NC reservation is no longer applicable.
General Category Consideration : If your application is accepted as General, you will be evaluated based on the General category criteria, including cutoffs and ranking.
To summarize, notifying the CAT authorities is the correct approach to avoid discrepancies later, and if your income is above the threshold, you will be treated as a General candidate for the admissions process.
For more details about CAT exam you can check out an article by Careers360 whose link is given below:
Link: https://bschool.careers360.com/exams/cat
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hi Shreya ,
Having a tattoo on your wrist should not create a problem during the CAT exam as long as it does not contain any content that violates exam rules , such as communication-related symbols , unauthorised messages or any text resembling formulas or answers .
For a safe side , it is recommended :
1. Inform the Invigilators : Let them know about your tattoo during the identification check , so there are no misunderstandings .
2. Follow the Guidelines : Ensure you follow all instructions regarding permissible items and dress code on the exam day .
Hope this helps you .
ALL THE BEST .
To know about this please prefer our college predictor
Hello,
Yes, you can also join IIMs two years after graduation, depending upon the justification in interviews and your performance in entrance exams. If you are not sure about CAT, try those other management exams less hard:
Common Management Admission Test: Easier than CAT; 4-5 months of continuous preparation will suffice.
MAT : Much easier and takes place thrice a year.
SNAP (Symbiosis National Aptitude Test): A bit easier than CAT, apt for Symbiosis Institutes.
Xavier Aptitude Test or XAT : Hence, easier than CAT but the unique decision-making section.
Use exams like CMAT and MAT as a challenge to be competitively prepared. This can be given about 4-5 months, along with a few rounds of mock tests and smart studying.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
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