The average salary for a Management Consultant in United Kingdom is £48,481.
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What Do Management Consultants Do?
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.
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 cre…Read more
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.
Job Satisfaction for Management Consultant
Popular Employer Salaries for Management Consultant
The top respondents for the job title Management Consultant are from the companies EY (Ernst & Young), Accenture and Deloitte. Reported salaries are highest at PA Consulting Group, Inc where the average pay is £57,391. Other companies that offer high salaries for this role include KPMG, LLP and Deloitte, earning around £53,000 and £51,144, respectively. PricewaterhouseCoopers pays the lowest at around £37,500. Deloitte Consulting LLP and EY (Ernst & Young) also pay on the lower end of the scale, paying £49,132 and £49,435, respectively.
Management Consultant Job Listings
What Are Popular Skills for Management Consultants?
Skills in Project Management, Consulting Management, Change Management and Business Strategy are correlated to pay that is above average. Skills that pay less than market rate include Business Analysis.
What is the Pay by Experience Level for Management Consultants?
An entry-level Management Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £31,690 based on 76 salaries. An early career Management Consultant with 1-4 years of experience earns an average total compensation of £42,332 based on 427 salaries. A mid-career Management Consultant with 5-9 years of experience earns an average total compensation of £57,631 based on 236 salaries. An experienced Management Consultant with 10-19 years of experience earns an average total compensation of £71,779 based on 145 salaries. In their late career (20 years and higher), employees earn an average total compensation of £82,177.
Pay Difference by Location
Employees with Management Consultant in their job title in Birmingham, England: Birmingham earn an average of 13.4% more than the national average. These job titles also find higher than average salaries in Bristol, England: Bristol (3.2% more) and London, England: London (1.5% more). The lowest salaries can be found in Manchester, England: Manchester (19.7% less), Nottingham, England: Nottinghamshire (18.4% less) and Belfast, Northern Ireland: Belfast (15.7% less).
Years of Experience
This data is based on 980 survey responses.