Top 10 MBA Colleges for Consulting Roles in India – 2026 Guide

Consulting is one of the most prestigious, competitive, and high-paying career paths after an MBA. Every year, CAT and XAT toppers aim for consulting roles offered by:

• McKinsey, BCG, Bain (MBB)

• Big 4 (Deloitte, PwC, EY, KPMG)

• Strategy & internal consulting teams

• Boutique consulting firms

However, consulting recruitment is highly institute-specific. Only a handful of MBA colleges consistently place students into top-tier consulting roles.

This blog lists the Top 10 MBA Colleges for Consulting Roles in India, based on:

• MBB & Big 4 recruiter presence

• Consulting-focused curriculum & pedagogy

• Alumni strength in consulting

• Fees vs salary (ROI)

• Long-term career progression

What Makes a Great MBA College for Consulting?

Key parameters used for ranking:

• Strong consulting recruiter presence (MBB, Big 4)

• Case-based pedagogy & problem-solving culture

• Alumni dominance in consulting firms

• Student consulting clubs & live projects

• Consistent consulting placement outcomes

Top 10 MBA Colleges for Consulting Roles in India (2026)

1. IIM Ahmedabad – MBB & Strategy Consulting

IIM Ahmedabad is widely regarded as India’s best MBA college for consulting careers.

Consulting Roles Offered

• Strategy Consultant

• Management Consultant

• Internal Strategy Teams

Placements & ROI

• Average Package: ₹34+ LPA

• Fees: ~₹25 Lakhs

• ROI: Excellent

👉 Official Website:https://www.iima.ac.in/

2. IIM Bangalore – Strategy & Tech Consulting

IIM Bangalore places heavily into strategy, tech consulting, and transformation roles.

Consulting Roles Offered

• Strategy Consulting

• Digital Transformation

• Operations & Analytics Consulting

Placements & ROI

• Average Package: ₹33+ LPA

• Fees: ~₹24 Lakhs

• ROI: Excellent

👉 Official Website:https://www.iimb.ac.in/

3. IIM Calcutta – Consulting & Decision Sciences

IIM Calcutta offers strong strategy, analytics, and operations consulting roles.

Consulting Roles Offered

• Management Consulting

• Strategy & Analytics Consulting

• Operations Consulting

Placements & ROI

• Average Package: ₹35+ LPA

• Fees: ~₹27 Lakhs

• ROI: Excellent

👉 Official Website:https://www.iimcal.ac.in/

4. FMS Delhi – Consulting with Exceptional ROI

FMS Delhi is famous for its low fees and strong consulting placements.

Consulting Roles Offered

• Management Consulting

• Strategy & Advisory

• Business Transformation

Placements & ROI

• Average Package: ₹34+ LPA

• Fees: ~₹2 Lakhs

• ROI: Outstanding (best in India)

👉 Official Website:https://fms.edu/

5. ISB Hyderabad – Consulting for Experienced Professionals

ISB is a preferred choice for experienced candidates targeting consulting leadership roles.

Consulting Roles Offered

• Strategy Consulting

• Digital & Growth Consulting

• Advisory Roles

Placements & ROI

• Average Package: ₹34+ LPA

• Fees: ~₹40 Lakhs

• ROI: Strong (experience-driven)

👉 Official Website:https://www.isb.edu/

6. SPJIMR Mumbai – Consulting & Strategy

SPJIMR offers strong exposure to strategy consulting and managerial advisory roles.

Consulting Roles Offered

• Strategy Consulting

• Management Advisory

• Business Transformation

Placements & ROI

• Average Package: ₹33+ LPA

• Fees: ~₹24 Lakhs

• ROI: Strong

👉 Official Website:https://www.spjimr.org/

7. IIM Lucknow – Consulting & Leadership Roles

IIM Lucknow has consistent consulting placements across MBB, Big 4, and boutique firms.

Consulting Roles Offered

• Management Consulting

• Strategy & Operations Consulting

Placements & ROI

• Average Package: ₹30+ LPA

• Fees: ~₹21 Lakhs

• ROI: Excellent

👉 Official Website:https://www.iiml.ac.in/

8. XLRI Jamshedpur – Consulting & Advisory

XLRI places students into consulting, HR consulting, and strategy roles.

Consulting Roles Offered

• Management Consulting

• Strategy Advisory

• Organization Consulting

Placements & ROI

• Average Package: ₹30+ LPA

• Fees: ~₹25 Lakhs

• ROI: Strong

👉 Official Website:https://www.xlri.ac.in/

9. IIM Kozhikode – Consulting & Analytics

IIM Kozhikode offers strong placements in analytics-driven and strategy consulting roles.

Consulting Roles Offered

• Strategy Consulting

• Analytics Consulting

• Business Advisory

Placements & ROI

• Average Package: ₹28–30 LPA

• Fees: ~₹20 Lakhs

• ROI: Very Good

👉 Official Website:https://www.iimk.ac.in/

10. MDI Gurgaon – Consulting & Corporate Strategy

MDI Gurgaon places students into Big 4, boutique consulting, and strategy roles.

Consulting Roles Offered

• Management Consulting

• Corporate Strategy

• Operations Consulting

Placements & ROI

• Average Package: ₹25+ LPA

• Fees: ~₹25 Lakhs

• ROI: Good

👉 Official Website:https://www.mdi.ac.in/

Quick Comparison Table

Institute	Avg Package	Fees	ROI
IIM Calcutta	₹35+ LPA	High	Excellent
IIM Ahmedabad	₹34+ LPA	High	Excellent
FMS Delhi	₹34+ LPA	Very Low	Outstanding
IIM Bangalore	₹33+ LPA	Medium	Excellent
SPJIMR	₹33+ LPA	Medium	Strong

Career Roles After MBA in Consulting

Graduates typically work as:

• Strategy Consultant

• Management Consultant

• Business Transformation Lead

• Internal Strategy Manager

• Growth & Analytics Consultant

Consulting offers fast-track learning, exposure, and leadership growth.

Who Should Choose Consulting After MBA?

Consulting is ideal if you:

• Enjoy problem-solving & case analysis

• Like working across industries

• Can handle pressure and travel

• Want accelerated leadership exposure

Final Verdict

For consulting aspirants:

• IIM ABC and FMS dominate MBB roles

• ISB and SPJIMR are excellent private options

• ROI varies widely — fees and role quality must be evaluated

Choosing the right institute is critical for entering top-tier consulting firms.

FAQs – Top MBA Colleges for Consulting in India

1. Which MBA college is best for consulting in India?

IIM Ahmedabad and IIM Calcutta are considered the best for consulting roles.

2. Do consulting firms prefer engineers?

No. Consulting firms prefer problem-solvers from diverse backgrounds.

3. What is the average salary in consulting after MBA?

₹25 LPA to ₹35+ LPA depending on institute and firm.

4. Is work experience mandatory for consulting roles?

Not mandatory, but it can help for senior consulting roles.

5. Can freshers get consulting roles after MBA?

Yes. Many consulting firms hire fresh MBAs for entry-level consultant roles.