The average salary for a Management Consultant is $87,369.
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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. 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 Booz, Allen, and Hamilton, Deloitte Consulting LLP and Accenture. Reported salaries are highest at Slalom Consulting where the average pay is $117,986. Other companies that offer high salaries for this role include EY (Ernst & Young) and Deloitte, earning around $104,297 and $101,703, respectively. Booz, Allen, and Hamilton pays the lowest at around $74,307. PricewaterhouseCoopers and Deloitte Consulting LLP also pay on the lower end of the scale, paying $86,425 and $94,849, respectively.
Management Consultant Job Listings
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Popular Skills for Management Consultant
Skills in Consulting Management, Project Management, Business Strategy and Change Management are correlated to pay that is above average. Skills that pay less than market rate include Business Analysis.
Pay by Experience Level for Management Consultant
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 $68,783 based on 584 salaries. An early career Management Consultant with 1-4 years of experience earns an average total compensation of $79,434 based on 2,789 salaries. A mid-career Management Consultant with 5-9 years of experience earns an average total compensation of $100,966 based on 1,670 salaries. An experienced Management Consultant with 10-19 years of experience earns an average total compensation of $122,077 based on 1,073 salaries. In their late career (20 years and higher), employees earn an average total compensation of $132,421.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Management Consultant in their job title in San Francisco, California earn an average of 17.3% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (9.7% more) and New York, New York (6.9% more). The lowest salaries can be found in Washington, District of Columbia (5.5% less) and Boston, Massachusetts (2.8% less).
Years of Experience
This data is based on 6,766 survey responses.
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