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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 |
Hello,
Here you can get study material for CAT :
https://bschool.careers360.com/download/ebooks/cat-quantitative-aptitude-questions-answers-pdf
Hope it helps !
Balancing CAT preparation with college studies requires strategic planning and time management. Here’s a concise approach to help you prepare effectively:
1. **Create a Timetable**: Allocate dedicated time for CAT preparation daily, even if it’s just 2-3 hours. Focus on one CAT section (VARC, DILR, QA) each day to maintain balance. Weekends can be used for extensive practice and mock tests.
2. **Leverage College Breaks**: Use gaps between classes, study breaks, or commute time to revise formulas, solve quick questions, or read newspapers to enhance your reading comprehension and vocabulary for VARC.
3. **Focus on Basics First**: Strengthen your fundamentals in Quantitative Aptitude and Data Interpretation. Use your college academic breaks to dive deeper into complex topics.
4. **Mock Tests & Analysis**: Start taking mock tests early to build exam temperament. Analyze your mistakes thoroughly to improve your strategy and time management.
5. **Consistency over Intensity**: Study regularly, even for short periods. Consistency will help you cover more topics without overwhelming yourself.
6. **Balance Both Priorities**: Ensure your college assignments and studies are managed well to avoid last-minute stress. Prioritize subjects in both CAT and college where you need more attention.
By maintaining a disciplined schedule and staying focused, you can efficiently manage both CAT preparation and college studies.
hope this helps you!!
Hello Nikita,
To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:
CAT Score: 98+ percentile is an excellent score and makes one competitive.
Academic Scores:
Your 10th score at 84% is quite good.
A 12th score of 65% is on the lower side, which might hamper your chances at some of the top IIMs since they give weightage to past academic performance.
IIM Selection Criteria:
Every IIM has its own weightage for the scores of academics, CAT percentile, work experience, if any, and diversity.
For example, IIM Ahmedabad requires consistent academic records, while IIM Bangalore puts the strongest focus on work experience and diversified profiles.
Graduation: You are currently pursuing graduation, and your performance during that will also be considered in the shortlisting process.
While your CAT score is going to be the major pointer, your academic record-doing in class 12-is going to affect your prospects a bit at IIMs that place significant emphasis on your past performance. Still, you will have a healthy shot, at least at institutes like Lucknow, Kozhikode, and Indore, where a good score in CAT may offset lower marks in academics.
If you have diverse profiled extracurricular activities, leadership roles etc, or work experience, then it can build up your application further.
Hello!
Prep for CAT 2024: Application Pattern
Syllabus: Focus on those areas that fall under the syllabus; for instance, Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation & Logical Reasoning.
Books: Stick to standard books from renowned authors, say, Arun Sharma for Quant, Norman Lewis in vocabulary, and some mock tests available from TIME, IMS, or Career Launcher.
Mock Tests: Take mocks and study the mistakes made.
Time management: F ocus on speed and accuracy.
If you need a more structured approach, consider a coaching institute.
Start early and become a regular.
Wishing you the best! thankyou!
Hello,
While starting your CAT preparation late can be challenging, it's still possible to achieve a good score with focused effort. Prioritize understanding the exam pattern, and focus on key areas like Quantitative Ability, Data Interpretation, Logical Reasoning, and Verbal Ability.
Create a structured study plan, practice regularly with mock tests, and review your performance to identify weaknesses. Use quality study materials and consider joining a coaching class if time permits. Stay consistent and motivated, and remember that dedicated effort in the coming weeks can lead to positive results.
You can refer to the following article for help :
https://bschool.careers360.com/articles/last-minute-preparation-strategy-for-cat
Good luck!
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