We present a consistent way of describing heavy baryons containing a h
eavy quark as bound states of an SU(2) soliton and heavy mesons. The r
esulting mass formula reveals the heavy quark symmetry explicitly. By
extending the model to the orbitally excited states, we establish the
generic structure bf the heavy baryon spectrum. As anticipated from th
e heavy quark spin symmetry, the c factor denoting the hyperfine split
ting constant vanishes and the baryons with the same angular momentum
of light degrees of freedom form degenerate doublets. This approach is
also applied to the pentaquark exotic baryons, where the conventional
c factor no longer plays the role of the hyperfine constant. After di
agonalizing the Hamiltonian of order N-c(-1), we get the degenerate do
ublets, which implies the vanishing of genuine hyperfine splitting.