Entry-Level Management Consultant Salary

Median pay for Entry-Level Management Consultants is around $73K per year. Total cash compensation for Entry-Level Management Consultants runs from $49K to $122K depending on bonuses that can occasionally exceed $20K and profit sharing that can reach almost $10K. The specific employer and the particular city each impact pay for this group, with the former having the largest influence. Entry-Level Management Consultants who participated in the survey are largely men, dominating at 65 percent. Work is enjoyable for Entry-Level Management Consultants, who typically claim high levels of job satisfaction. Medical benefits are awarded to almost all, and a large number earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.

$49,383 - $110,607

Add this chart to your site: 640px    300px

$11.56 - $83.15

Add this chart to your site: 640px    300px

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
$49,383 - $110,607  
   
Bonus
$986 - $19,588  
Profit Sharing
$732 - $10,097  
Commission
$5,087 - $28,496  
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).
)
$49,277 - $122,444  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 2,046
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$28$56$84
Hourly Rate
$11.56 - $83.15  
   
Overtime
$5.14 - $55.48  
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$60K$120K$180K
Bonus
$986 - $19,588  
   
Commission
$5,087 - $28,496  
Profit Sharing
$732 - $10,097  
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).
)
$49,277 - $122,444  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 85
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Management Consultant Job Listings

Search for more jobs:

Popular Employer Salaries for Entry-Level Management Consultant


Booz, Allen, and Hamilton, Accenture, Deloitte Consulting LLP, PricewaterhouseCoopers, and EY (Ernst & Young) are among the top companies that take on many Entry-Level Management Consultants. McKinsey & Company, Inc. does shell out the biggest paychecks — the median in that office is $143K — but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $78K while workers on the upper end may rake in up to $214K. Bain & Company Inc., Deloitte, and The Boston Consulting Group, Inc. are a few other companies that offer generous salaries, with Entry-Level Management Consultants earning around $104K, $93K, or $91K at each firm, respectively.

Booz, Allen, and Hamilton, KPMG, LLP, and Hitachi Consulting also rank near the bottom for pay, handing out $66K, $70K, and $73K-paychecks on average.

Pay Difference by Location


For Entry-Level Management Consultants, working in the bustling city of New York has its advantages, including an above-average pay rate. Entry-Level Management Consultants will also find cushy salaries in Los Angeles (+12 percent), San Francisco (+12 percent), Austin (+10 percent), and Boston (+9 percent). Trailing the national average by 11 percent, Denver is the market with the smallest paychecks. Employers also pay below the national average in Philadelphia (9 percent lower) and Washington (5 percent lower).

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.

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Skills That Affect Entry-Level Management Consultant Salaries

up arrow 20%






Project Management
up arrow 4%

Process Improvement
up arrow 2%

Organizational Development
up arrow 1%

Financial Analysis
0%

National Average
$77,000

Data Analysis
up arrow 1%

Strategic Planning
up arrow 2%



Microsoft Word
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 363 votes.

Gender

Female
35 %
Male
65 %

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 82%
vision benefits Vision: 68% employee benefits None: 7%
ADVERTISEMENT