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Salary and Benefits

Management Consultant
$63K-$78K / yr. (est.)
$64K
$71,079 / year
$78K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Management Consultant

What does a Management Consultant do?

As Management Consultants, we are responsible for helping organizations solve issues and create value. We are committed to improving performance and provide objective advice and expertise. We help an organization to develop skills and assess problems. We gather information and implement strategic solutions. Developing plans of action and improving coaching and training procedures is one of our main responsibilities. We report on findings and develop creative solutions to manage issues and queries. We collect and interpret relevant information and report it to management. Working as Management Consultants, we interview personnel and analyze financial and employment records. We also recommend proactive actions and advise management.

Core tasks:

  • mitigate future losses
  • advise senior management teams
  • monitor performance of employees and other personnel

Insights

How Many Years of Experience Do Professionals Need Before Becoming Management Consultant?
On average, people work 7+ years in other positions prior to becoming a Management Consultant.
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Management ConsultantNew York City, NY - 9 months ago
😡 This is outrageous! I guess they want us to spend half our lives in other jobs!
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Management ConsultantSan Francisco, CA - 9 months ago
I can't believe I have to wait that long to start doing what I'm passionate about. Ugh!
How Long Do Management Consultant Employees Typically Stay in Their Roles?
On average, Management Consultants works in this position for 3-5 years across multiple employers.
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NurseChicago, IL - 9 months ago
As a nurse, the job market is competitive and constantly changing. It's not surprising that people would move around in this field. 🏥
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Writer - ContractorAustin, TX - 9 months ago
managmnet consultnat what is your problem? If you hate change so much, why choose a career that doesn't guarantee stability? 🙄
What Is the Job Hopper Score for Management Consultant Employees?
Moderate job changes in Management Consultant, showing some career movement without excessive turnover.
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Marketing CoordinatorHouston, TX - 10 months ago
🤔 I've always wondered if moderate job changes help or hinder career progression for Management Consultants. Any thoughts?
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Software EngineerSan Francisco, CA - 9 months ago
I've heard that moderate job changes can be beneficial because they allow consultants to broaden their industry knowledge and network. Is this accurate?

Career path

Path to job

Discover a Management Consultant's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Management Consultant typically studied at.
Cornell University
Northwestern University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Management Consultant Employees?
Gender ratio in Management Consultant position: 0.696278000170343 Male and 0.303721999829657 Female. Age ratio in Management Consultant position: 16-20: 4%, 21-30: 56%, 31-40: 21%, 41-50: 11%, 51-60: 6%, 60+: 2%. Management Consultant position is predominantly male (69.6%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Management ConsultantSeattle, WA - 9 months ago
I'm glad to see some diversity in the age groups, but we still have work to do in achieving gender balance in this field! 👥
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Management ConsultantNew York City, NY - 9 months ago
I'm in the 51-60 age group and have been a successful management consultant for years. Age should not be a barrier in this field! 🙌

Workplaces

Who Are the Top Employers for Management Consultant?
Top employers of Management Consultant position: Accenture, Deloitte, PwC. People who work in Management Consultant position most typically go on to work for the Accenture.
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Management ConsultantSan Francisco, CA - 9 months ago
I've heard mixed reviews about PwC. Their consultants are either amazing or lack competence. Not consistent enough.
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Management ConsultantMiami, FL - 9 months ago
None of these companies are as good as they claim to be. It's all hype and marketing. A waste of time!
Accenture
Deloitte
PwC
What Industries Does Management Consultant Typically Have Experience In?
Industry Background: The most typical industries of Management Consultant: Professional / Scientific / Technical, Administrative & Support, Information Technology, Finance & Insurance, Religious / Grantmaking / Civic. Management Consultant employees most likely come from a Professional / Scientific / Technical industry background.
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Management ConsultantHouston, TX - 9 months ago
Y'all know that being a Management Consultant requires excellent problem-solving skills, right? It's not just about working long hours, go figure!
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Management ConsultantBoston, MA - 9 months ago
🙄 Can people stop complaining about the hectic schedule? We do it because we love it, and we thrive under pressure. No pain, no gain!

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Discussion about Management Consultant

Want to know more about Management Consultant position?
Share your thoughts and ideas about Management Consultant position with others in our community.
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Do a lot of women work as a Management Consultant?
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Sophie Hayes3 years ago
30% are women in this profession only.
What is the typical age to work as a Management Consultant?
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Sophie Hayes3 years ago
The typical age is 32.
Is a Management Consultant considered to be a senior profession?
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Benjamin Gardner3 years ago
On average, people have 7 years of experience when they start working as a Management Consultant
Which industries have a lot of people working in Management Consultant roles?
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Benjamin Gardner3 years ago
Professional / Scientific / Technical is the most probable for a Management Consultant to work in.
What kind of higher education a Management Consultant need?
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Liam Brown3 years ago
You should be fine with a Bachelor of Science degree
Which company employs the most people in the Management Consultant role?
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Isabella Holmes3 years ago
Accenture, Deloitte, Independent Consultant and PwC has the most employees.
How many years do people work as a Management Consultant before changing their role?
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Sophie Hayes3 years ago
4 years is the typical lifespan for a Management Consultant.
How common is it for a Management Consultant to jump from company to company?
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Sophie Hayes3 years ago
On average a Management Consultant works for only a few companies.
What work history do people usually have before becoming a Management Consultant?
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Sophie Hayes3 years ago
Most people come from Analyst, Project Manager or Senior Consultant roles
Working as a Management Consultant what job titles should I consider to switch to?
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Isabella Holmes3 years ago
Changing from a Management Consultant to Project Manager, Senior Consultant or Vice President is a typical career path.
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Disclaimer

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