What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Entry-Level Management Consultant Salary

Entry-Level Management Consultants take home approximately $73K per year on average. Total cash compensation to Entry-Level Management Consultants bottoms out near $49K and approaches $124K on the high end; the biggest paychecks include approximately $20K from bonuses and almost $10K from profit sharing. The company and the particular city each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a majority. The majority of workers are highly satisfied with their job. Men account for the majority of Entry-Level Management Consultants who responded to the questionnaire — 66 percent to be exact. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$49,524 - $112,734
(Median)
$50K
$73K
$110K
MEDIAN: $73,408
10%
50%
90%

Add this chart to your site: 640px    300px

$11.33 - $84.12
(Median)
$11
$25
$84
MEDIAN: $24.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$50K$100K$150K
Salary
$49,524 - $112,734  
   
Bonus
$990 - $19,947  
Profit Sharing
$938 - $10,162  
Commission
$3,700 - $14,483  
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).
)
$49,319 - $124,457  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,985
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$29$58$87
Hourly Rate
$11.33 - $84.12  
   
Overtime
$5.21 - $55.05  
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$60K$120K$180K
Bonus
$990 - $19,947  
   
Commission
$3,700 - $14,483  
Profit Sharing
$938 - $10,162  
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).
)
$49,319 - $124,457  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 82

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 some prominent firms with considerable interest in employing a large team of Entry-Level Management Consultants. Entry-Level Management Consultants flock to McKinsey & Company, Inc. for generous paychecks, where average earnings of $142K lead the pack in compensation; however, McKinsey & Company, Inc. also provides employees with a wide spectrum of compensation ranging from $77K at one end to $213K at the other end. Those in search of high salaries should also consider Bain & Company Inc., Deloitte, and The Boston Consulting Group, Inc., top-paying firms where Entry-Level Management Consultants rake in a $99K, $93K, or $91K, respectively.

Other low-paying employers include Booz, Allen, and Hamilton at $66K and KPMG, LLP at $71K, though some Entry-Level Management Consultants there earn up to $116K.

Pay Difference by Location


New York offers some of the highest pay in the country for Entry-Level Management Consultants, 16 percent above the national average. Entry-Level Management Consultants will also find cushy salaries in San Francisco (+13 percent), Boston (+12 percent), Los Angeles (+9 percent), and Chicago (+7 percent). With compensation 12 percent below the national average, Denver is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average in Philadelphia (10 percent lower) and Charlotte (8 percent lower).

Management Consultant Advice

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

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)

Skills That Affect Entry-Level Management Consultant Salaries

up arrow 19%






Project Management
up arrow 4%

Process Improvement
up arrow 3%

Data Analysis
0%

Financial Analysis
0%

National Average
$77,000

Organizational Development
up arrow 1%




Microsoft Word
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 394 votes.

Gender

Female
34 %
Male
66 %

Common Health Benefits

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