Entry-Level Management Consultant Salary

Entry-Level Management Consultants take home approximately $75K annually on average. Final cash compensation to Entry-Level Management Consultants varies from around $51K to approximately $121K; choice pay grades include potential for bonuses and profit sharing as high as $16K and $11K, respectively. The company is the biggest factor affecting pay for this group, followed by geography. Work is enjoyable for Entry-Level Management Consultants, who typically claim high levels of job satisfaction. The majority of Entry-Level Management Consultants (63 percent) who took the survey are men. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. The data in this summary comes from the PayScale salary survey.

$50,671 - $109,756
$51K
$75K
$110K
MEDIAN: $75,124
10%
50%
90%

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$13.95 - $70.23
$14
$31
$70
MEDIAN: $31.32
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
$50,671 - $109,756  
   
Bonus
$1,042 - $15,952  
Profit Sharing
$505 - $11,150  
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).
)
$50,913 - $121,157  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 1,778
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
$13.95 - $70.23  
   
Hourly Tips
$5.93  
Overtime
$12.12 - $54.44  
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
$1,042 - $15,952  
   
Commission
$7,500  
Profit Sharing
$505 - $11,150  
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).
)
$50,913 - $121,157  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 83

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Popular Employer Salaries for Management Consultant


Booz, Allen, and Hamilton, Accenture, PricewaterhouseCoopers, Deloitte Consulting LLP, and EY (Ernst & Young) are among the top companies that take on many Entry-Level Management Consultants. McKinsey & Company, Inc. pays the most with a median salary of $121K, though with a large amount of variation, going from a low of $76K to a high of $175K. Slalom Consulting, Deloitte, and Accenture also offer top salaries for Entry-Level Management Consultants. Workers at these firms can expect to earn about $106K, $96K, and $90K, respectively.

With a median employee salary of $64K, Booz, Allen, and Hamilton pays significantly less than its competitors (about half the top paying employer's rate). Others at the bottom of the scale for this job include KPMG, LLP at $71K, Hitachi Consulting at $72K, and Grant Thornton Llp, where $75K is the norm.

Pay Difference by Location

National Average: $78,501

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

For Entry-Level Management Consultants, Houston provides a pay rate that is 24 percent greater than the national average. Entry-Level Management Consultants can also look forward to large paychecks in cities like San Francisco (+16 percent), Los Angeles (+15 percent), New York (+11 percent), and Philadelphia (+11 percent). Those in the field find the lowest salaries in Denver, 10 percent below the national average. Below-median salaries also turn up in Washington and McLean (8 percent lower and 7 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 237 votes.
Less than 1 year
15%
1-4 years
69%
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 237 votes.

Gender

Female
37 %
Male
63 %

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
vision benefits
Vision: 69%
dental benefits
None: 9%
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