Career Options After PGDM in Consultancy

Career Options After PGDM in Consultancy
Spread the love

An MBA or PGDM in consultancy teaches students to analyse business problems and provide them with practical solutions. As per the current market trend, demand for management consultants is growing very fast. This specialisation builds strong problem-solving, analytical, and communication skills, which are in high demand. Here, we explore career options after PGDM in consultancy

  • The Consulting Industry value is more than 330 billion in 2024 globally
  • In India, the consulting market is growing at a CAGR of 15% by 2030
  • The average salary of an operations manager in India is between ₹8–15 lakh per year, varying as per their experience and skills
  • Top recruiters for consultancy are Deloitte, PwC, EY, KPMG, and McKinsey 

What does a PGDM in Consultancy teach?

  • Business analysis and problem-solving
  • Strategy formulation
  • Financial and operational consulting
  • Change management
  • Risk analysis and decision-making
  • Client communication and leadership

Skills Required for PGDM in Consultancy

  • Analytical thinking
  • Strategic planning
  • Data interpretation
  • Communication and presentation
  • Leadership
  • Negotiation skills
  • Time management

Top Career Options After PGDM in Consultancy

Job RoleKey Responsibilities
Management ConsultantAdvise organisations on improving operations and profitability.
Strategy ConsultantDevelop business strategies for growth and competitiveness.
IT ConsultantHelp businesses integrate technology solutions effectively.
Financial ConsultantGuide clients on budgeting, investment, and financial planning.
HR ConsultantDesign HR policies, improve workforce management.
Operations ConsultantStreamline business processes and supply chains.
Risk and Compliance ConsultantAssess risks, ensure compliance with industry standards.
Marketing ConsultantCreate data-driven marketing and branding strategies.

Also Read: Top MBA Colleges For Consulting in Jaipur

Top MBA Colleges in India for Consulting Placements 

S.No.College NameConsulting Average/Highest Salary (INR)Consulting Recruiters 
1IIM AhmedabadAverage: 22,29,960
2.IIM BangaloreAverage: 26,18,000McKinsey & Company, Boston Consulting Group, Bain & Company
3IIM CalcuttaAverage: 28,00,000
4.IIM LucknowAverage: N/ACapgemini, Deloitte, Ernst and Young, BCG, McKinsey
5.IIM KozhikodeAverage: 23,75,000
6.IIM IndoreAverage: N/ABCG, Cognizant Business Consulting, EY, PwC US Management Consulting
7.FMSAverage: 25,60,000
8.MDI GurgaonAverage: 22,05,000 Deloitte USI, McKinsey Digital, PwC US advisory
9.IIM TrichyAverage: 14,96,000
10.ISBMean (Overall): 25,06,434
11Taxila Business SchoolAverage: 11,50,000PwC (PricewaterhouseCoopers), Ernst & Young (EY), Moody’s, Deloitte, KPMG, IBM, Capgemini, Infosys, TCS (Tata Consultancy Services), Gartner, XL Dynamics (consulting/financial services)
12.XLRI JamshedpurAverage: 24,30,000McKinsey, Bain, BCG, Accenture Strategy, Deloitte, KPMG, AON
13.VGSOM, IIT KharagpurAverage: 18,10,000Axtria, Deloitte, PwC, Wipro, ZS Associates
14.JBIMSAverage: 22,84,000Accenture Strategy, IBM, Deloitte, Infosys Consulting, Capgemini, McKinsey, PwC
15.SIBM, PuneAverage: 20,14,000N/A (12% of recruiters were consulting firms)
16.NITIE, MumbaiHighest: 31,20,000Accenture Digital, Deloitte India, EY, GEP, KPMG, McKinsey
17.DoMS, IIT MadrasHighest: 29,02,000IBM, HCL
18.SPJIMRAverage: 26,36,000Accenture Strategy, Avalon Consulting, Bain & Company, BCG, Deloitte, KPMG, PwC
19.NMIMSAverage: 18,33,000EY, Deloitte, Accenture, SAP
20.IIM ShillongHighest: 40,00,000Bain & Company, Deloitte USI, Cognizant Business Consulting, PwC
21.IIFTAverage: 20,48,000 McKinsey, Roland Berger, Bain Capability Network, Cognizant Business Consulting, Infosys Consulting

Also Read: 10 Business Terms Every MBA Aspirant Should Know