Average Experienced Management Consultant with Business Strategy Skills Salary in Chicago, Illinois

$147,458
Avg. SalaryShow Hourly Rate
$15,361
Bonus
$5,550
Profit Sharing
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The average salary for an Experienced Management Consultant with Business Strategy skills in Chicago, Illinois is $147,458.
10%
$111k
MEDIAN
$147k
90%
$192k
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United States (change)
Salary
$111k - $192k
Bonus
$10k - $36k
Profit Sharing
$0 - $6k
Total Pay
$119k - $359k
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What Do Management Consultants Do?

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

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What Are Popular Skills for Management Consultants?

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

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 $72,170 based on 15 salaries. An early career Management Consultant with 1-4 years of experience earns an average total compensation of $86,851 based on 56 salaries. A mid-career Management Consultant with 5-9 years of experience earns an average total compensation of $124,623 based on 31 salaries.
Employees with Management Consultant in their job title in Houston, Texas earn an average of 12.3% more than the national average. These job titles also find higher than average salaries in New York, New York (10.7% more) and Los Angeles, California (8.6% more). The lowest salaries can be found in Dallas, Texas (20.2% less) and Washington, District of Columbia (9.9% less).

Years of Experience

This data is based on 102 survey responses.
Entry Level
14.7%
Early Career
54.9%
Mid Career
30.4%