Entry-Level Management Consultant Salary

Entry-Level Management Consultants take home an average $75K per year. Total cash earnings of Entry-Level Management Consultants range from $51K on the low end to $121K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $16K and $10K, respectively. The company and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Men account for the majority of Entry-Level Management Consultants who responded to the questionnaire — 63 percent to be exact. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$50,739 - $109,558
$51K
$75K
$110K
MEDIAN: $75,021
10%
50%
90%

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$13.28 - $68.51
$13
$29
$69
MEDIAN: $29.31
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
$50,739 - $109,558  
   
Bonus
$1,034 - $15,760  
Profit Sharing
$509 - $10,225  
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).
)
$51,034 - $121,156  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,734
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
$13.28 - $68.51  
   
Hourly Tips
$2.22  
Overtime
$11.59 - $53.74  
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
$1,034 - $15,760  
   
Commission
$7,500  
Profit Sharing
$509 - $10,225  
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).
)
$51,034 - $121,156  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 80

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Popular Employer Salaries for Management Consultant


Booz, Allen, and Hamilton, Accenture, Deloitte Consulting LLP, PricewaterhouseCoopers, and EY (Ernst & Young) are all popular places to work. Entry-Level Management Consultants seeking a sizable paycheck can earn the most at McKinsey & Company, Inc., where the average salary comes to $119K. Those in search of high salaries should also consider Slalom Consulting, Deloitte, and Accenture, top-paying firms where Entry-Level Management Consultants rake in a very impressive $106K, $94K, or $91K, respectively.

Not only do salaries lack room to grow — pay ranges from $53K to just $85K — but Booz, Allen, and Hamilton offers the lowest pay in town to boot, with a median paycheck of $65K. KPMG, LLP, Hitachi Consulting, and International Business Machines (IBM) Corp. are a few other employers known for handing out relatively lightweight salaries ($71K, $72K, and $74K respectively).

Pay Difference by Location

National Average: $78,341

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

Surpassing the national average by 23 percent, Entry-Level Management Consultants in Houston receive some of the highest pay in the country. Entry-Level Management Consultants will also find cushy salaries in San Francisco (+16 percent), Philadelphia (+14 percent), New York (+11 percent), and Los Angeles (+9 percent). Denver ranks last in the field for pay, reporting salaries 8 percent below the national average. Washington and Arlington are a couple other places where companies are known to pay below the median — salaries are 7 percent lower and 5 percent lower, respectively.

Management Consultant Advice

Q: 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.

Key Stats for Management Consultant

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 236 votes.
Less than 1 year
15%
1-4 years
70%
5-9 years
15%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Management Consultant Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 236 votes.

Gender

Female
37 %
Male
63 %

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 79%
vision benefits
Vision: 69%
dental benefits
None: 9%
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