The average salary for an Entry-Level Management Consultant with Strategy skills is $72,860.
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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.
Management Consultant Job Listings
What Are Popular Skills for Management Consultants?
Skills that pay less than market rate include Microsoft Excel, Project Management, Business Strategy, Business Analysis and Consulting Management.
What is the Pay by Experience Level for Management Consultants?
An early career Management Consultant with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $85,044 based on 182 salaries. A mid-career Management Consultant with 5-9 years of experience earns an average total compensation of $108,946 based on 108 salaries. An experienced Management Consultant with 10-19 years of experience earns an average total compensation of $131,455 based on 56 salaries. In their late career (20 years and higher), employees earn an average total compensation of $158,005.
Pay Difference by Location
Years of Experience
This data is based on 378 survey responses.