List of Top 14 Management Consulting Companies in India

Management consulting firms are organizations that provide professional advice and strategic recommendations to businesses, enterprises, and public sector organizations. These firms help organizations operate more efficiently and improve their overall performance. They also assist organizations in various areas, such as management, finance, operations, marketing, and human resources, among others. As more businesses expand their operations in India, there is a higher demand for management consulting companies. Let us explore some of the top management consulting companies in India that are driving innovation and transformation across various industries in the country.

Top Management Consulting Firms in India

Management consulting firms play a critical role in helping organizations make well-informed decisions about finances, marketing strategy, and business implementation plans. Let us take a look at the list of top management consulting companies in India.

1. Boston Consulting Group (BCG)

BCG is a global management consulting firm founded in 1963 in Boston, Massachusetts, USA. The firm provides strategic advisory services across various industries, including technology, healthcare, financial services, and consumer goods. The company has a global presence with over 90 offices across more than 50 countries in the US, Asia, Europe, and Africa. In India, the BCG offices are located in Mumbai, Chennai, Gurugram, and Bangalore and it is considered one of the top management consulting companies in India. The areas in which BCG delivers consulting services in India are: 

• Corporate Strategy
• Digital Transformation
• Organizational Restructuring
• Mergers and Acquisitions
• Operational Improvement

Highest Estimated Salary: ₹51 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Competitive Salary 
• Performance-Based Bonus
• Comprehensive Healthcare Coverage 
• Paid Time-Off and Leave Policies
• Retirement Benefits
• Training and Development Programs

2. McKinsey & Company

McKinsey is a prestigious global management consulting firm founded in 1926 in Chicago, Illinois, USA. It is known for its expertise in strategy, operations, and organizational effectiveness and is considered one of the best management consulting firms in India. McKinsey offers consulting services across various sectors, such as energy, industrial, technology, and financial services. The firm assists clients with strategy development, digital transformation, performance improvement, and risk management.

Estimated Highest Salary: ₹ 64 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Attractive Compensation Packages
• Health and Wellness Benefits
• Flexible Work Arrangements and Work-Life Balance Initiatives
• Mentorship Programs 
• Sponsorship For Higher Education and Professional Certifications

3. Bain & Company

Bain & Company was founded in 1973 to redefine result-oriented management consulting. It is considered one of the top management consulting companies in India, with offices in New Delhi, Bangalore, and Mumbai. The company aims to provide a range of consulting services in corporate strategy development, private equity, performance enhancement projects, customer service, etc. The company mostly works with industries such as banking and finance, healthcare, automotive & mobility, aerospace & defense, consumer products, retail, technology, telecommunications, and many more.

Estimated Highest Salary: ₹102 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Competitive Salaries 
• Performance-Based Incentives
• Health Insurance Coverage For Employees and Dependents
• Parental Leave and Childcare Support
• Retirement Benefits and Wealth Creation Opportunities
• Extensive Training and Development Programs

Also Read: Management Consultant Salary in India

4. Kearney (formerly A.T. Kearney)

Kearney is a global management consulting firm founded in 1926. It has been providing strategic and operational insights for over 90 years. The firm is considered one of the best management consulting firms in India, with offices in Gurugram, Bangalore, and Mumbai.

With a dedicated team of experts across various industries, Kearney helps companies navigate complex business challenges and drive sustainable growth. Their client-centric approach and innovative solutions have made them a trusted advisor to many leading organizations worldwide.

Highest Estimated Salary: ₹60.3 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Attractive Compensation Packages
• Annual Bonuses
• Comprehensive Health and Wellness Benefits
• Flexible Work Arrangements and Work-Life Balance Initiatives
• Mentorship Programs and Career Development Opportunities
• Sponsorship For Professional Certifications and Education

5. PwC (PricewaterhouseCoopers)

PwC is one of the ‘Big Four’ professional consulting services firms, formed through a merger of Pricewaterhouse and Coopers & Lybrand in 1998. It has offices located all over India including metropolitan cities like Delhi, Bangalore, and Chennai and more. PwC’s consulting focuses on strategy formulation, operations improvement, technology implementation, and digital transformation across various industries, including financial services, manufacturing, and consumer markets.

Highest Estimated Salary: ₹50 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Performance-Based Bonuses
• Comprehensive Healthcare and Insurance Benefits
• Paid Time Off and Leave Policies
• Retirement Benefits 
• Training and Development Programs

6. Ernst & Young (EY)

EY is another ‘Big Four’ firm that was formed as a result of the merger of Ernst & Whinney and Arthur Young & Co. in 1989. The firm specializes in providing consulting services, business strategy development, transactions, and tax services to its clients.

EY primarily assists its clients in fulfilling regulatory requirements. The company caters to clients from various sectors, including financial services, technology, consumer products, and life sciences. It is widely recognized as one of the top management consulting firms in India.

Highest Estimated Salary: ₹100.8 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Attractive Compensation Packages 
• Annual Bonuses
• Health Insurance
• Wellness Programs
• Flexible Work Arrangements 
• Mentorship Programs and Career Development Opportunities
• Sponsorships for Professional Certifications and Education

7. Deloitte India

Deloitte is on the list of the top management consulting firms in India. The company has a presence in seven cities in India, including Hyderabad, Mumbai, Chennai, Pune, Delhi-NCR, Bangalore, and Kolkata. Deloitte India offers a wide range of services, including audit and assurance, tax, consulting, and financial advisory. 

The firm is known for its expertise in various industries, including technology, media, telecommunications, manufacturing, and financial services. With a team of experienced professionals and a focus on innovation, Deloitte India continues to be a trusted advisor to businesses across the country.

Highest Estimated Salary: ₹67 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Performance-Based Incentives
• Healthcare Coverage for Employees and Families
• Paid Time Off and Leave Policies
• Retirement Benefits 
• Training and Development Programs

8. KPMG

KPMG is one of the largest professional services firms in the world and has a global presence with offices in over 150 countries. It has a strong reputation for delivering high-quality services and helping organizations navigate complex business challenges. 

The firm offers consulting services in areas, such as risk management, financial and business advisory, tax and regulatory services, internal audit, and corporate governance. KPMG works with clients from various sectors, such as financial services, technology, consumer markets, and life sciences. It is considered one of the top management consulting firms in India.

Highest Estimated Salary: ₹105 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Attractive Compensation Packages 
• Annual Bonuses
• Health and Wellness Benefits
• Flexible Work Arrangements and Work-Life Balance Initiatives
• Mentorship Programs and Career Development Opportunities
• Sponsorship For Professional Certifications and Education

9. Accenture

Accenture is a renowned multinational corporation that offers comprehensive professional services, including an extensive management consulting practice in India. The company provides top-notch solutions for strategy development, digitalization initiatives, operational improvements, and technology integration across various sectors. It is considered one of the best management consulting firms in India. 

Highest Estimated Salary: ₹110 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Competitive Salaries 
• Performance-Based Incentives
• Healthcare Coverage For Employees and Families
• Paid Time Off and Leave Policies
• Retirement Benefits and Wealth Creation Opportunities
• Robust Training and Development Programs

Also Read: How to get Management Consulting Jobs

10. Infosys Consulting

Infosys Consulting is a division of Infosys, India’s top IT services company. Infosys Consulting has locations in Chandigarh, Hyderabad, Gurgaon, and more. The firm offers consulting services using innovative technology to transform the businesses of their clients in diverse industries. Since its establishment in 2004, it has emerged as one of the top 10 management consulting firms in India.

Highest Estimated Salary: ₹73.6 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Health and Life Insurance
• Wellness Programs
• Annual Bonus
• Work From Home Option
• Career Development Opportunities (Including Paid Certifications)

11. TCS

Tata Consultancy Services (TCS) is a leading provider of IT services, consulting, and business solutions. With over 50 years in the industry, TCS has established strong partnerships with some of the world’s largest companies to support their transformation efforts. Some of TCS’ major services include artificial intelligence and cognitive business operations, consulting, etc. It is considered one of the best management consulting firms in India.

Estimated Highest Salary: ₹60 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Competitive Salary
• Performance-Based Incentives
• Health Insurance
• Paid Time Off and Leave Policies
• Retirement Benefits 
• Training and Development Programs

12. Oliver Wyman

For over two decades, Oliver Wyman has been providing consulting services to clients in India. In 2008, they officially opened their office in the country. Known as a top player in management consulting on a global scale, Oliver Wyman operates in more than 70 cities across 30 countries. They are vastly knowledgeable and experienced in various fields, including strategy, operations, risk management, and organizational transformation.

Estimated Highest Salary: ₹81.5 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company.

• Attractive Compensation Packages 
• Annual Bonuses
• Health Insurance
• Flexible Work Arrangements and Work-Life Balance Initiatives
• Career Development Opportunities
• Paid Time Off

13. FTI Consulting

FTI Consulting is a global consulting firm specializing in financial, operational, and strategic services. The company provides expertise in areas such as corporate finance, forensic accounting, and litigation support. With a strong presence in over 80 cities across 30 countries, FTI Consulting is known for its deep industry knowledge and effective problem-solving capabilities.

Estimated Highest Salary: ₹75 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company:

• Competitive Compensation Packages
• Performance-Based Bonuses
• Comprehensive Health Insurance
• Flexible Work Arrangements
• Professional Development Programs
• Generous Paid Time Off
• Retirement Savings Plans
• Wellness and Employee Assistance Programs

14. Grant Thornton

Grant Thornton is considered one of the top management consulting firms in India. Established in 1924, it is a leading global professional services network offering audit, tax, advisory, and consulting services. 

With a robust presence in over 140 countries, Grant Thornton provides specialized solutions in areas such as financial performance, risk management, and business transformation. The firm’s expertise and commitment to client success have positioned it as a top player in the consulting industry.

Estimated Highest Salary: ₹70 LPA

Benefits Offered by the Company:

Here are some of the employment benefits offered by the company:

• Competitive Salary Packages
• Performance-Linked Bonuses
• Comprehensive Health and Dental Insurance
• Flexible Working Hours
• Professional Development and Training Programs
• Generous Paid Time Off
• Retirement Benefits
• Wellness and Employee Assistance Programs

Conclusion

India is home to several of the world’s leading management consulting firms. These top management consulting companies in India, such as TCS, Bain & Company, McKinsey, and many others, offer a wide range of services, including strategy development, operations improvement, financial advisory, risk management, and digital transformation. In an ever-changing business landscape, consulting firms assist organizations in remaining competitive. With their expertise and innovative solutions, these top management consulting companies have been driving growth for businesses across various industries in India. If you found this blog helpful, also check out our guide on the highest-paying IT companies in India.

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