In today’s competitive business world, companies often need expert guidance to grow faster, improve operations, and deal with changing markets. Business consultants play a key role by offering professional advice to organisations in areas like finance, marketing, strategy, operations, and human resources. Whether it’s a small startup or a large multinational firm, consultants help businesses make better decisions.In India, as industries grow and technology evolves, the demand for skilled business consultants is increasing. This career offers a mix of learning, leadership, and opportunities to work with top companies and brands. It is also an excellent option for those who enjoy problem-solving, teamwork, and planning.What Does a Business Consultant Do?A business consultant provides expert guidance to help businesses improve their performance and achieve their goals. Their day-to-day work includes:Understanding client issues and identifying problems in business processesSuggesting improvements in marketing, finance, operations, or managementAnalysing reports, budgets, and data to develop better strategiesHelping design new business models and policiesCreating plans for growth, cost-saving, or market expansionAssisting with the implementation of changes and reviewing outcomesConsultants may work independently or with consulting firms. They can specialise in sectors like IT, healthcare, finance, education, retail, or energy.Step-by-Step Career Patha) Choose Commerce in 10+2A good first step is selecting the commerce stream in school after Class 10. Subjects like Business Studies, Economics, and Accountancy help build a basic understanding of how businesses function. These subjects also prepare you for entrance exams and college courses in the business field.b) Complete Relevant DegreesYou’ll need to pursue higher education in business or related areas. There are two main academic stages:Undergraduate courses:Bachelor of Business Administration (BBA)Bachelor of Commerce (BCom)Bachelor of Management Studies (BMS)BSc in Economics or FinancePostgraduate courses:Master of Business Administration (MBA)Master of Financial Management (MFM)PGDM (Post Graduate Diploma in Management)An MBA or similar postgraduate qualification is highly preferred, especially if you want to work in top consulting firms.c) Most Popular Colleges in India & AbroadHere are some popular institutions that offer strong programs in business and consulting-related fields:College / UniversityProgramIndian Institutes of Management (IIMs)IPMAT → MBANMIMS MumbaiBBA/BCom/MBA via NPATShaheed Sukhdev College of Business Studies, DUBMS via CUETSt. Xavier’s College, MumbaiBMS Entrance ExamIBS HyderabadBBA, MBAChrist University, BangaloreBBA via CUETGlobal Options (for MBA)Harvard, INSEAD, LBSThese colleges are known for their high-quality education, experienced faculty, and excellent placement records. Studying at such institutions also improves your chances of getting internships and jobs at top consulting companies.d) Earn CertificationsCertifications are an extra advantage that add value to your resume. Some useful ones include:Certified Management Consultant (CMC) – Global recognition in consultingCertified Management Accountant (CMA) – Best for finance and cost consultingPMP (Project Management Professional) – Useful for consultants involved in project handlingOther short courses in sales, marketing, data analytics, and business intelligenceOnline platforms like Coursera, edX, LinkedIn Learning, and Skillshare offer certification programs that are globally recognised and flexible.e) Internships & Portfolio BuildingPractical experience is very important in this career. Try to apply for internships during your undergraduate or postgraduate studies. You can explore:Internships at top consulting firms like McKinsey, BCG, Bain, Accenture, Deloitte, or PwCInternships in marketing, finance, or HR departments of large companiesCase study competitions and business simulation programsVolunteering or freelance projects for startups or NGOsCampus clubs and business events to build leadership and networking skillsCreating a portfolio of real-world problem-solving work can significantly improve your job prospects after graduation.f) Enter the Job MarketAfter completing your studies and gaining internship experience, you can apply for entry-level roles such as:Junior Business ConsultantAssociate ConsultantBusiness AnalystStrategy AnalystProject AssistantAs you gain experience, you can move to senior roles, lead teams, and even start your own consulting business. The consulting field allows fast career growth for those who continuously learn and perform well.3. Key Skills RequiredBusiness consulting is not just about education—it’s also about practical skills. Here are the key ones:Analytical thinking – Ability to break down problems and find smart solutionsCommunication skills – Writing clear reports and presenting ideas confidentlyInterpersonal skills – Working well with clients and teamsProblem-solving – Offering logical and effective business adviceProject management – Planning and executing tasks on timeTechnical knowledge – Familiarity with Excel, PowerPoint, data analysis tools, and CRM softwareStrong soft skills combined with business acumen make a successful consultant.4. Certifications That Add ValueEven after starting your career, you can boost your profile with additional certifications such as:CMC – Offers global recognition in consultancyCMA – Ideal for consultants interested in financial planning and managementPMP – For those working on multiple business projectsOther online certifications – Covering leadership, sales, digital marketing, or data analyticsSuch certifications help you stand out and adapt to changing industry needs.5. Salary & Job OutlookBusiness consulting offers competitive salaries and long-term career growth. Entry-level consultants earn moderate salaries that grow steadily with experience and skill.On average:Entry-level consultants earn (approx) Rs 5 lakh per yearMid-level consultants earn (approx) Rs 10 lakh per yearSenior consultants and specialists earn even more, depending on the firm and roleYour salary depends on factors like company size, job location, skills, certifications, and negotiation. Consulting roles also offer perks like bonuses, travel opportunities, and chances to work with top leadership teams.6. Internships & RecruitersInternships:Morgan Stanley – Summer internships in HR and financeAccenture – Business analyst and consulting internship rolesDeloitte, KPMG, EY, PwC – Regular internship drives for studentsStartups and NGOs – Freelance or virtual internships in strategy, marketing, or business planningTop Recruiters in India:Here are some leading companies that hire business consultants:AccentureDeloitteEY (Ernst & Young)KPMGPwC (PricewaterhouseCoopers)McKinsey & CompanyBain & CompanyBoston Consulting Group (BCG)InfosysWiproHCLL&T InfotechMorgan StanleyIndigoThese companies offer excellent work culture, learning opportunities, and career progression for both freshers and experienced professionals.Becoming a business consultant is a rewarding and exciting career choice. It allows you to work with companies across various sectors and make real impact through your ideas and strategies. The journey begins with a strong academic base, practical skills, and continuous learning.If you enjoy analysing situations, solving problems, and working in dynamic environments, consulting might be the perfect path for you. Start early, stay curious, and make the most of every opportunity, from your college to internships and beyond. For more such information, visit unilist.in
