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Management Consultant

Also known as: Associate Consultant · Business Consultant · Strategy Analyst

Helps companies and governments solve business problems through research, analysis and recommendations.

IPMMBA
Starting salary · freshersfrom ₹2.1–16.5 lakh/yr1Typical pay in the first year (0–1 yr experience)

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₹2.1–16.5 lakh/yr
Salary 0–1 yr · 2023
PayScale India, Entry-Level Management Consultant salary (as reported)
What’s wrong?

No sign-in needed. Our team checks reports before any number changes.

See salary by experience below
MBA or IPM, or a strong undergraduate degree for analyst roles
Typical entry

What you’d do

A management consultant works on a client's business problem for a few weeks or months: entering a market, cutting costs, reorganising a team or planning a government programme. Employers include consulting firms, the advisory arms of accounting firms, and in-house strategy teams. A day usually involves research, data analysis, building slides and client meetings.

  • Research markets, clients and competitors
  • Analyse data and build Excel models
  • Prepare slides with findings and options
  • Support clients in carrying out changes

How you get in

Most freshers enter through campus placements at management institutes as associates or analysts. Undergraduates join as business analysts and move up, often after an MBA. Selection usually involves case interviews.

Salary in India

By experience

₹ lakh a year · bars show the typical range, low to high

0–1 yr · Fresher
₹2.1–16.5L1

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₹2.1–16.5 lakh/yr
Salary 0–1 yr · 2023
PayScale India, Entry-Level Management Consultant salary (as reported)
What’s wrong?

No sign-in needed. Our team checks reports before any number changes.

Fresher salary over the years

middle of the 0–1 yr range, ₹ lakh a year

Fewer than two years of fresher data so far — the trend shows once there are two.

Skills you’ll use

From our guide · a curated list is coming

  • Structured problem solving
  • Excel modelling and data analysis
  • Slide writing and presentation
  • Market and industry research
  • Working with client teams

About this field · for freshers

Job openings by year

Is demand growing?

Not added yet.

Competition3

How many graduates enter each year?

~2.8 lakh
new graduates a year from MBA

MBA graduates in 2023-24 at institutions that reported to AISHE — everyone finishing that degree, not only those entering this role.

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~2.8 lakh
Competition
AISHE 2023-24, Table 34 (programme-wise out-turn), Ministry of Education · 2023-24
What’s wrong?

No sign-in needed. Our team checks reports before any number changes.

Who hires

IT firms, banks, government, startups?

Not added yet.

Where the jobs are

Which cities?

Not added yet.

Women in the field3

Is it diverse?

45%

Share of women among MBA graduates in 2023-24 — the entry degree, not people already working in this role.

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45%
Women in the field
AISHE 2023-24, Table 34 (programme-wise out-turn), Ministry of Education · 2023-24
What’s wrong?

No sign-in needed. Our team checks reports before any number changes.

At a glance

  • Hours are often long and travel can be frequent.
  • Entry is competitive and concentrated in campus hiring.
  • Next roles: consultant, engagement manager, or a move to corporate strategy.

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