The average salary for a Management Consultant with Strategy skills is $96,477.
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$65k - $161k
$2k - $30k
$998 - $19k
$7k - $28k
$67k - $185k
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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.
Popular Employer Salaries for Management Consultant
The top respondents for the job title Management Consultant are from the companies Deloitte Consulting LLP, Booz, Allen, and Hamilton and EY (Ernst & Young). Reported salaries are highest at KPMG, LLP where the average pay is $128,000. Other companies that offer high salaries for this role include Deloitte and Accenture, earning around $124,577 and $107,380, respectively. Booz, Allen, and Hamilton pays the lowest at around $71,216. PricewaterhouseCoopers and Deloitte Consulting LLP also pay on the lower end of the scale, paying $93,301 and $96,423, respectively.
Management Consultant Job Listings
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Popular Skills for Management Consultant
Skills that pay less than market rate include Change Management, Business Analysis, Business Strategy, Project Management and Consulting 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 $72,951 based on 25 salaries. An early career Management Consultant with 1-4 years of experience earns an average total compensation of $84,770 based on 201 salaries. A mid-career Management Consultant with 5-9 years of experience earns an average total compensation of $108,150 based on 117 salaries. An experienced Management Consultant with 10-19 years of experience earns an average total compensation of $130,471 based on 67 salaries. In their late career (20 years and higher), employees earn an average total compensation of $158,005.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Management Consultant in their job title in Los Angeles, California earn an average of 41.0% more than the national average. These job titles also find higher than average salaries in San Francisco, California (14.9% more) and New York, New York (12.0% more). The lowest salaries can be found in Washington, District of Columbia (14.9% less).
Years of Experience
This data is based on 444 survey responses.
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