Average Experienced Management Consultant Salary

$122,077
Avg. SalaryShow Hourly Rate
$12,321
Bonus
$7,500
Commission
$6,500
Profit Sharing
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The average salary for an Experienced Management Consultant is $122,077.
10%
$76k
MEDIAN
$122k
90%
$180k
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United States (change)
Salary
$76k - $180k
Bonus
$3k - $36k
Profit Sharing
$971 - $20k
Commission
$0 - $31k
Total Pay
$77k - $217k

Your Market Worth Over Time

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Job Description for Management Consultant

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.
The top respondents for the job title Management Consultant are from the companies Booz, Allen, and Hamilton, Accenture and Slalom Consulting. Reported salaries are highest at EY (Ernst & Young) where the average pay is $162,362. Other companies that offer high salaries for this role include The North Highland Company and Deloitte, earning around $155,000 and $136,277, respectively. Booz, Allen, and Hamilton pays the lowest at around $107,692. Accenture and Deloitte Consulting LLP also pay on the lower end of the scale, paying $121,567 and $132,930, respectively.

Management Consultant Job Listings

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Popular Skills for Management Consultant

Skills in Consulting Management, Business Strategy, Change Management and Process Improvement are correlated to pay that is above average. Skills that pay less than market rate include Project Management.

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 603 salaries. An early career Management Consultant with 1-4 years of experience earns an average total compensation of $79,434 based on 2,836 salaries. A mid-career Management Consultant with 5-9 years of experience earns an average total compensation of $100,966 based on 1,682 salaries. In their late career (20 years and higher), employees earn an average total compensation of $132,421.
Employees with Management Consultant in their job title in New York, New York earn an average of 19.8% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (18.4% more) and Houston, Texas (15.0% more). The lowest salaries can be found in Washington, District of Columbia (4.2% less), Atlanta, Georgia (1.5% less) and Dallas, Texas (1.0% less).

Years of Experience

This data is based on 5,768 survey responses.
Entry Level
10.5%
Early Career
49.2%
Mid Career
29.2%
Late Career
11.2%