McKinsey, BCG, EY, JP Morgan, Bain & Co hire from these MBA Colleges in India

McKinsey, BCG, EY, JP Morgan, Bain & Co hire from these MBA Colleges in India

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Alen Tom ShajiUpdated on 13 Sep 2024, 04:26 PM IST

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

  1. MBA Consulting Placements at IIMs, IITs and other B-Schools: Overview
  2. MBA Placements in Consulting: No. of students hired last year
  3. Top Recruiters in Consulting: Deloitte, CRISIL, Accenture, EY, PwC and KPMG
  4. Top Indian MBA Colleges for landing job at McKinsey, BCG, EY, JP Morgan
  5. Top Job Roles Offered in Consulting
  6. 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
Top B-Schools in India for a Consulting Career at McKinsey, BCG, EY, JP Morgan, Bain & Co

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.

MBA Specialisation

MBA College

MBA in Strategy

IIM Ahmedabad

IIM Bangalore

MBA in Operations

IIM Calcutta

IIM Mumbai

MBA in Finance

IIM Calcutta

XLRI Jamshedpur

MBA in Marketing

SPJIMR Mumbai

ISB Hyderabad

MBA in Technology Management

IIM Indore

IIT Delhi

MBA in HR

XLRI Jamshedpur

TISS Mumbai

MBA in Entrepreneurship

IIM Bangalore

ISB Hyderabad

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.

Hello dear candidate,

YES, with NEET score 344in the ST category you have high chances of getting admission in a BDS College in J&K through JKBOPEE counselling.

check the seat availability and next participate in JKBOPEE Counselling with all the necessary documents.

Thank you.


Hey! With an All India Rank (AIR) of 302,821 in NEET and belonging to the BCE category, it is highly unlikely to get a BDS seat in Telangana under the state quota, as the closing ranks for BCE are usually below 50,000. You may consider applying to private colleges under management quota or explore BDS seats in other states, but the chances remain very limited with this rank.