For Entry-Level Management Consultants, yearly average wages total $75K annually. Total cash earnings of Entry-Level Management Consultants range from $51K on the low end to $122K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $16K and $11K, respectively. The company is the biggest factor affecting pay for this group, followed by geography. Male Entry-Level Management Consultants are more prevalent than women among those who took the survey — 63 percent of professionals. Most Entry-Level Management Consultants like their work and job satisfaction is high. Medical benefits are awarded to nearly all, and most earn dental coverage. The numbers in this rundown were provided by PayScale's salary survey participants.

$50,592 - $111,593
(Median)
$51K
$75K
$110K
MEDIAN: $74,867
10%
50%
90%

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$14.24 - $68.78
(Median)
$14
$29
$69
MEDIAN: $28.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$50,592 - $111,593  
   
Bonus
$1,195 - $16,126  
Profit Sharing
$297.99 - $11,298  
Commission
$7,500  
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).
)
$50,597 - $122,089  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,724
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$14.24 - $68.78  
   
Hourly Tips
$11.54  
Overtime
$22.50 - $55.01  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$1,195 - $16,126  
   
Commission
$7,500  
Profit Sharing
$297.99 - $11,298  
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).
)
$50,597 - $122,089  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 79
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Popular Employer Salaries for Management Consultant


Dominating the field, Booz, Allen, and Hamilton, Accenture, PricewaterhouseCoopers, Deloitte Consulting LLP, and EY (Ernst & Young) are top firms with a reputation for hiring a great number of Entry-Level Management Consultants. Although The Boston Consulting Group, Inc. heads up the field in terms of compensation, offering the highest median salary at $156K, pay at this particular employer still varies considerably, running the full spectrum from $77K to $186K. Other employers shelling out big bucks include McKinsey & Company, Inc., Slalom Consulting, and Deloitte, where Entry-Level Management Consultants typically earn around $143K, $107K, or $95K, respectively.

Others at the bottom of the scale for this job include Booz, Allen, and Hamilton at $63K, and KPMG, LLP where $72K is the norm, but it is worth noting that some Entry-Level Management Consultants there earn up to $131K.

Pay Difference by Location

National Average: $78,357

Larger city markers indicate a job is popular in that location.

Entry-Level Management Consultants will find that Houston offers an impressive pay rate, one which exceeds the national average by 23 percent. Entry-Level Management Consultants can also look forward to large paychecks in cities like Los Angeles (+12 percent), Dallas (+12 percent), New York (+11 percent), and San Francisco (+11 percent). Trailing the national average by 12 percent, Denver is the market with the smallest paychecks. Not at the bottom but still paying below the median are employers in Washington and Arlington (8 percent lower and 2 percent lower, respectively).

Management Consultant Advice

What do you wish you knew about your job when you first started out?

Management Consultant in Albuquerque:
"The Coach Approach and Tips."
Know the value you bring and you get paid for what you know. So keep learning and you will keep bringing the value to others and yourself.

Management Consultant in Buffalo:
Learn how to manage your time and what items are actually productive versus items that just keep you busy.

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Skills That Affect Management Consultant Salaries

up arrow 11%




Business Analysis
up arrow 4%

Process Improvement
up arrow 4%

Strategic Planning
up arrow 4%

Consulting Management
up arrow 3%

Financial Analysis
up arrow 3%

Project Management
up arrow 2%

Data Analysis
up arrow 1%

Microsoft Excel
0%

Organizational Development
0%

National Average
$78,000

Microsoft Office
up arrow 2%

Microsoft Word
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 240 votes.

Gender

Female
37 %
Male
63 %

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
medical benefits
Vision: 70%
dental benefits
None: 8%
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