Management Consultant with Consulting Management Skills Salary (India)
The average salary for a Management Consultant with Consulting Management skills is Rs 1,163,994 per year. People in this job generally don't have more than 20 years' experience. Pay for this job rises steadily for more experienced workers, but goes down significantly for the few employees with more than 20 years' experience.
|Range||Rs 0Rs 2M|
|Salary||Rs 485,304 - Rs 2,494,511|
|Bonus||Rs 10,186 - Rs 483,939|
|Profit Sharing||Rs 0.00 - Rs 456,153|
|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).)
|Rs 492,036 - Rs 2,811,433|
Job Description for Management Consultant
A management consultant helps a company improve aspects of business, such as productivity, management, and company image. The management consultant will identify current problems and potential risks and help the company to overcome them.Read More...
Proficiency with computers and mathematics is required, as much of the job involves doing research and analyzing data. The consultant may then create forecasts for the company’s outlook and find ways to measure the company’s performance. The consultant may create diagrams of the company’s various processes in order to generate solutions. Coherent reports should be made by the consultant. A lot of the job is usually done in an office, but it is necessary to attend meetings with managers of the company. Strong public speaking and presentation skills are needed. Coherent verbal and written communication skills are needed to carry out correspondence and to provide understandable presentations. The consultant may also work on the field with managers to better understand the operation of the company and to assess what challenges are being faced. A lot of the work is done with collaboration, but much of it is done independently. It is important to pay attention to deadlines and to stick within a budget.
Certification as a project management professional is often a requirement. A bachelor’s or master’s degree in a related field, such as business administration, is often essential. Previous experience being a manager in a related field is sometimes a necessity. (Copyright 2018 PayScale.com)
Management Consultant Tasks
- Develop, recommend and implement business improvements for companies.
- May include modeling, analysis and research for specific business design efforts.
- Train clients on business development processes.
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Pay by Experience Level for Management Consultant
Pay by Experience for a Management Consultant has a positive trend. An entry-level Management Consultant with less than 5 years of experience can expect to earn an average total compensation of Rs 931,000 based on 111 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Management Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of Rs 1,619,000 based on 80 salaries. An experienced Management Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of Rs 2,456,000 based on 40 salaries. A Management Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of Rs 1,800,000 based on 5 salaries.
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Key Stats for Management Consultant
Rated 4 out of 5
based on 20 votes.