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.
This Story also Contains
- MBA Consulting Placements at IIMs, IITs and other B-Schools: Overview
- MBA Placements in Consulting: No. of students hired last year
- Top Recruiters in Consulting: Deloitte, CRISIL, Accenture, EY, PwC and KPMG
- Top Indian MBA Colleges for landing job at McKinsey, BCG, EY, JP Morgan
- Top Job Roles Offered in Consulting
- Best MBA Programs for Consulting Jobs at McKinsey, BCG, EY, KPMG, Deloitte
McKinsey, BCG, EY, JP Morgan, Bain & Co hire from these MBA Colleges in India MBA Consulting Placements at IIMs, IITs and other B-Schools: Overview
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.
MBA Placements in Consulting: No. of students hired last year
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 |
Top Recruiters in Consulting: Deloitte, CRISIL, Accenture, EY, PwC and KPMG
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.
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Top Indian MBA Colleges for landing job at McKinsey, BCG, EY, JP Morgan
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 | Indian Institute of Management Ranchi | 1650000 |
Indian Institute of Management Udaipur | 1853244 |
Indian Institute of Management Jammu | 1525000 |
Indian Institute of Management Sambalpur | 1600000 |
Indian Institute of Management Kozhikode | 2700000 |
Indian Institute of Management Ahmedabad | 3100000 |
IIT | Indian Institute of Technology Kanpur | 1725000 |
Indian Institute of Technology Bombay | 2664000 |
Indian Institute of Technology Roorkee | 1809000 |
Indian Institute of Technology Kharagpur | 2450000 |
Indian Institute of Technology Delhi | 2445000 |
Indian Institute of Technology Madras | 2045668 |
Other Institutes | XLRI-Xavier School of Management, Jamshedpur | 3024000 |
MDI Gurgaon | 2613000 |
SIBM Pune | 2400000 |
IIFT Delhi | 2650000 |
SPJIMR Mumbai | 3200000 |
Deloitte |
IIM | Indian Institute of Management Ahmedabad | 3100000 |
Indian Institute of Management Kozhikode | 2700000 |
Indian Institute of Management Mumbai | 3200000 |
Indian Institute of Management Indore | 2470000 |
Indian Institute of Management Raipur | 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 | Amity University, Noida | 6000000 |
Great Lakes Institute of Management, Chennai | 1450000 |
ICFAI Foundation for Higher Education, Hyderabad | 10000000 |
FORE School of Management, Delhi | 1410000 |
EY |
IIM | Indian Institute of Management Amritsar | 1594000 |
Indian Institute of Management Bangalore | 3300000 |
Indian Institute of Management Kashipur | 1720000 |
Indian Institute of Management Kozhikode | 2700000 |
Indian Institute of Management Rohtak | 1873972 |
IIT | Indian Institute of Technology Roorkee | 1809000 |
Other Institutes | Institute of Rural Management, Anand | 1500000 |
International Management Institute, Bhubaneswar | 1200000 |
International Management Institute, Delhi | 1633000 |
International Management Institute, Kolkata | 1050000 |
Jagan Institute of Management Studies, Rohini, Delhi | 830000 |
Check out Jobs After MBA From IIM That Pay The Highest
Top Job Roles Offered in Consulting
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
Best MBA Programs for Consulting Jobs at McKinsey, BCG, EY, KPMG, Deloitte
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.