The average salary for a Management Consultant is $85,573 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Skills that are associated with high pay for this job are Strategy, Strategy Development, Business Strategy, and Consulting Management. Experience has a moderate effect on income for this job.
Management Consultant Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$54,204 - $138,295
(Median)
54K
66K
86K
110K
140K
MEDIAN: $85,573
10%
25%
50%
75%
90%
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Management Consultant Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$18.56 - $170.26
(Median)
19
60
100
170
MEDIAN: $60
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$54,204 - $138,295  
   
Bonus
$986 - $25,942  
Profit Sharing
$1,027 - $14,893  
Commission
$0.00 - $77,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$54,941 - $170,885  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 3,807
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60$120$180
Hourly Rate
$18.56 - $170.26  
   
Overtime
$12.83 - $101.99  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$120K$240K$360K
Bonus
$986 - $25,942  
   
Commission
$0.00 - $77,000  
Profit Sharing
$1,027 - $14,893  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$54,941 - $170,885  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 3,807
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Popular Employer Salaries for Management Consultant
Job Description for Management Consultant
Management consultants develop, recommend, and implement business improvements for companies. In order to do this, they consult with company leaders to identify the business's strengths and weaknesses in order to develop an improvement plan. Additionally, they train clients on business development processes. Occasionally management consultants will deal with modeling, analysis, and research for specific business design efforts. This is a highly team-focused career. Management consultants need to be customer-focused and able to communicate clearly, both verbally and in writing, with their clients. They need to be flexible and adaptable in order to accommodate their clients' specific needs. Candidates for these positions must have demonstrated strong leadership skills in previous positions, as management consulting is all about leadership and directing.
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Management Consultant Tasks
  • Train clients on business development processes.
  • May include modeling, analysis and research for specific business design efforts.
  • Develop, recommend and implement business improvements for companies.
Read more about: Management Analysts
Pay by Experience Level for Management Consultant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
up arrow 25%
Denver
up arrow 12%
Minneapolis
up arrow 9%
up arrow 6%
up arrow 5%
up arrow 2%
up arrow 1%
National Average
$93,000
up arrow 3%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Management Consultant Salaries

National Average
$93,000

Skills That Affect Management Consultant Salaries

up arrow 26%
Financial Analysis
up arrow 4%
Project Management
up arrow 3%
Business Analysis
0%
National Average
$93,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 915 votes.
Gender
Female
31%
female alumni
 
Male
69%
male alumni
Years of Experience
Less than 1 year
7%
1-4 years
38%
5-9 years
27%
10-19 years
19%
20 years or more
10%
Common Health Benefits
medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 63% employee benefits None: 11%
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