Diploma in Consultancy

Course Overview

The Diploma in Consultancy (DC) provides skills in strategic analysis, problem-solving, and client management. Covering topics like business strategy, organizational behavior, and project management, it prepares students for roles in management consulting and advisory services.

Duration:

1 year (2 semesters)

Syllabus:

The syllabus for the Diploma in Consultancy is typically spread across two semesters. Below is a sample structure:

Semester 1:

  1. Introduction to Consultancy:

    • Overview of the consultancy industry

    • Types of consultancy: Management, financial, IT, and HR consultancy

    • Role of consultants in business transformation

  2. Consulting Process and Project Management:

    • Phases of a consulting engagement: Diagnosis, planning, implementation, and review

    • Project management tools and methodologies used in consultancy

    • Delivering client satisfaction and managing client relationships

  3. Business Strategy and Analysis:

    • Analyzing business performance and identifying opportunities for improvement

    • Strategic planning and decision-making

    • Understanding market trends and competitor analysis

  4. Communication and Negotiation Skills:

    • Effective communication strategies for consultants

    • Negotiation techniques and conflict resolution

    • Presentation skills for pitching consultancy projects to clients

Semester 2:

  1. Financial Management for Consultants:

    • Financial analysis and decision-making in consultancy

    • Budgeting, costing, and pricing consultancy services

    • Profitability analysis and risk management in projects

  2. Consulting for Specific Industries:

    • Management consulting for business growth

    • IT consulting for digital transformation

    • Human resource consulting and organizational development

  3. Ethics and Legal Framework in Consultancy:

    • Ethical considerations in consulting practice

    • Legal aspects of consulting contracts and agreements

    • Compliance, confidentiality, and intellectual property rights

  4. Project Work/Internship:

    • Practical training through internships in consultancy firms or independent consulting work

    • Project work involving real-world consultancy scenarios and solutions

Average Fees:

  • ₹30,000 to ₹1,50,000 (varies by institution)

Exams to Attend:

  1. Internal Assessments:

    • Regular assessments through assignments, case studies, and project work.

  2. Final Semester Examinations:

    • End-of-semester exams covering theoretical knowledge and practical consultancy skills.

  3. Professional Certifications (Optional):

    • Certified Management Consultant (CMC): Industry-recognized certification for consultancy professionals.

    • Certified Business Consultant (CBC): Focuses on consultancy services in various industries.

  4. Competitive Exams (Optional):

    • Entrance exams for further studies like MBA or M.Phil. in Consultancy or related fields.

Top 10 Institutions in India:

  1. Indian Institute of Management (IIM), Ahmedabad

  2. XLRI (Xavier School of Management), Jamshedpur

  3. Symbiosis Institute of Business Management (SIBM), Pune

  4. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

  5. Indian School of Business (ISB), Hyderabad

  6. Institute of Management Technology (IMT), Ghaziabad

  7. SP Jain School of Global Management, Mumbai

  8. FMS (Faculty of Management Studies), Delhi

  9. Christ University, Bangalore

  10. Amity Business School, Noida

Top 10 Institutions in Kerala:

  1. Rajagiri Centre for Business Studies, Kochi

  2. SCMS School of Business, Kochi

  3. Amrita School of Business, Kochi

  4. Farook College, Kozhikode

  5. St. Teresa's College, Ernakulam

  6. Sacred Heart College, Kochi

  7. Albertian Institute of Management, Kochi

  8. Marian College, Kuttikkanam

  9. MES Asmabi College, Thrissur

  10. MACFAST (Mar Athanasios College for Advanced Studies), Thiruvalla