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Become A Consultant

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Working As A Consultant

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $75,046

    Average Salary

What Does A Consultant Do

Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.

Duties

Management analysts typically do the following:

  • Gather and organize information about the problem to be solved or the procedure to be improved
  • Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
  • Analyze financial and other data, including revenue, expenditure, and employment reports
  • Develop solutions or alternative practices
  • Recommend new systems, procedures, or organizational changes
  • Make recommendations to management through presentations or written reports
  • Confer with managers to ensure changes are working

Although some management analysts work for the organization that they analyze, most work as consultants on a contractual basis. 

Whether they are self-employed or part of a large consulting company, the work of a management analyst may vary from project to project. Some projects require a team of consultants, each specializing in one area. In other projects, consultants work independently with the client organization’s managers.

Management analysts often specialize in certain areas, such as inventory management or reorganizing corporate structures to eliminate duplicate and nonessential jobs. Some consultants specialize in a specific industry, such as healthcare or telecommunications. In government, management analysts usually specialize by type of agency.

Organizations hire consultants to develop strategies for entering and remaining competitive in today’s marketplace.

Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst solicits proposals from a number of consultants and consulting companies that specialize in the needed work. Those who want the work must then submit a proposal by the deadline that explains how the consultant will do the work, who will do the work, why they are the best consultants to do the work, what the schedule will be, and how much it will cost. The organization that needs the consultants then selects the proposal that best meets its needs and budget.

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How To Become A Consultant

Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.

Education

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.

Analysts also routinely attend conferences to stay up to date on current developments in their field.

Licenses, Certifications, and Registrations

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Work Experience in a Related Occupation

Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology. 

Advancement

As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.

Important Qualities

Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.

Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.

Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals. 

Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.

Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

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Consultant Jobs

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Consultant Career Paths

Consultant
Senior Project Manager Principal Consultant Senior Manager
Chief Information Officer
11 Yearsyrs
Functional Consultant Sap-Sd Consultant Customer Relationship Management Consultant
Customer Relationship Management Manager
8 Yearsyrs
Senior Project Manager Senior Product Manager Senior Manager
Director Of Information
10 Yearsyrs
Senior Software Engineer Project Manager Program Manager
General Manager
7 Yearsyrs
Information Technology Manager Information Technology Project Manager
Information Technology Director
10 Yearsyrs
Owner Maintenance Technician Field Service Technician
Information Technology Manager
8 Yearsyrs
Senior Software Engineer Senior Consultant Program Manager
Marketing Manager
6 Yearsyrs
Owner Driver Dispatcher
Operations Manager
7 Yearsyrs
Management Consultant Senior Manager Director Of Information
Senior Director Of Information & Technology
13 Yearsyrs
Senior Business Analyst Finance Manager Human Resources Coordinator
Senior Human Resources Consultant
9 Yearsyrs
Senior Business Analyst Program Manager Human Resources Generalist
Senior Human Resources Generalist
7 Yearsyrs
Information Technology Manager Operations Manager Human Resources Manager
Senior Human Resources Manager
9 Yearsyrs
Management Consultant Senior Consultant Information Technology Manager
Senior Information Technology Manager
10 Yearsyrs
Senior Consultant Program Manager
Senior Manager
10 Yearsyrs
Adjunct Professor Senior Project Manager
Senior Product Manager
9 Yearsyrs
Senior Consultant Project Manager
Senior Project Manager
12 Yearsyrs
Business Consultant Business Development Manager Solution Specialist
Solutions Manager
8 Yearsyrs
Adjunct Professor Senior Software Engineer Information Technology Manager
Vice President Of Information Technology
12 Yearsyrs
Lead Consultant Business Analyst Assistant Vice President
Vice President Operation Manager
9 Yearsyrs
Lead Consultant Senior Project Manager Senior Product Manager
Vice President, Product Management
13 Yearsyrs
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Do you work as a Consultant?

Help others decide if this is a good career for them

Average Length of Employment
Senior Consultant 2.9 years
Staff Consultant 2.5 years
Lead Consultant 2.3 years
Process Consultant 2.2 years
Consultant 2.0 years
Project Consultant 1.9 years
Junior Consultant 1.3 years
Top Employers Before
Internship 9.1%
Manager 7.4%
Director 5.3%
Programmer 3.5%
Top Employers After
Manager 7.1%
Director 5.3%
Owner 4.7%
Internship 3.9%
President 3.2%

Do you work as a Consultant?

Consultant Demographics

Gender

Male

57.2%

Female

39.8%

Unknown

3.0%
Ethnicity

White

57.6%

Hispanic or Latino

14.3%

Asian

12.7%

Black or African American

11.0%

Unknown

4.5%
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Languages Spoken

Spanish

39.9%

French

13.7%

Chinese

6.3%

Mandarin

5.9%

German

5.8%

Portuguese

4.5%

Italian

3.7%

Japanese

3.3%

Russian

3.1%

Arabic

3.1%

Hindi

2.2%

Korean

1.5%

Cantonese

1.4%

Carrier

1.3%

Greek

0.8%

Urdu

0.8%

Hebrew

0.7%

Vietnamese

0.7%

Polish

0.6%

Swedish

0.6%
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Consultant Education

Schools

University of Phoenix

14.3%

New York University

7.9%

George Washington University

6.4%

Michigan State University

4.9%

Pennsylvania State University

4.8%

Cornell University

4.6%

Northeastern University

4.6%

George Mason University

4.4%

University of Houston

4.3%

University of Southern California

4.3%

Columbia University

4.3%

University of Texas at Austin

4.2%

Temple University

4.1%

Syracuse University

4.1%

Boston University

3.9%

DePaul University

3.9%

Harvard University

3.9%

Arizona State University

3.8%

American University

3.7%

University of Pennsylvania

3.7%
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Majors

Business

27.3%

Computer Science

9.8%

Finance

6.9%

Accounting

6.7%

Management

5.3%

Marketing

4.8%

Psychology

4.1%

Electrical Engineering

4.1%

Communication

3.6%

Computer Information Systems

3.4%

Political Science

2.9%

Education

2.8%

Information Technology

2.7%

Law

2.6%

Economics

2.6%

English

2.2%

Nursing

2.1%

Project Management

2.1%

Health Care Administration

2.0%

Mechanical Engineering

1.9%
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Degrees

Bachelors

37.4%

Masters

30.5%

Other

16.6%

Doctorate

5.7%

Associate

5.2%

Certificate

3.6%

Diploma

0.9%

License

0.2%
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Temporary

Real Consultant Salaries

Job Title Company Location Start Date Salary
Consultant Hagen & Company Inc. Boise, ID Mar 14, 2016 $200,000
NA Derivatives Production Management Consultant Pride Technologies LLC New York, NY Jul 12, 2015 $187,500
Guidewire Consultant Stonebridge Acquisition, Inc. Glendale, AZ Oct 29, 2015 $187,200
Consultant (Life Insurance Practice) Towers Watson Pennsylvania Inc. New York, NY Jun 03, 2015 $169,250
Consultant Towers Watson Delaware Inc. Philadelphia, PA Oct 22, 2015 $168,750
Consultant (Operations Research Analyst) Keystone Strategy LLC Brisbane, CA Aug 15, 2016 $166,667
Consultant (Operations Research Analyst) Keystone Strategy, LLC Brisbane, CA May 10, 2016 $166,667
Credit Portfolio Consultant 3 Wells Fargo Bank, N.A. San Francisco, CA Feb 05, 2016 $165,000
Consultant National Economic Research Associates, Inc. White Plains, NY Nov 08, 2016 $165,000 -
$180,000
SOA Consultant Synthesis Systems, Inc. Sunnyvale, CA Apr 14, 2016 $164,382
SOA Consultant Synthesis Systems, Inc. Sunnyvale, CA Dec 29, 2015 $164,382
Consultant System Soft Technologies LLC Waukegan, IL Nov 28, 2016 $160,000 -
$200,000
Consultant Towers Watson Delaware Inc. New York, NY Apr 16, 2016 $158,403
Consultant Pearl Meyer & Partners LLC Southborough, MA Mar 22, 2015 $158,000
Consultant-US Infosys Limited Houston, TX Mar 25, 2016 $82,993
Consultant-US Infosys Limited Hillsboro, OR Aug 11, 2015 $82,993
Consultant Deloitte Consulting LLP San Francisco, CA Aug 25, 2015 $82,963 -
$110,000
Consultant-US Infosys Limited Princeton, NJ Mar 30, 2015 $82,931
Consultant-US Infosys Limited Irwindale, CA Dec 06, 2016 $82,924
Consultant-US Infosys Limited Jersey City, NJ Apr 08, 2016 $82,915
Consultant-US Infosys Limited New York, NY Feb 08, 2016 $82,915
Consultant-US Infosys Limited Islandia, NY Jul 25, 2016 $82,915
Consultant-US Infosys Limited Cranston, RI Oct 10, 2016 $76,239
Consultant-US Infosys Limited Irvine, CA Aug 05, 2015 $76,232
Consultant-US Infosys Limited Irvine, CA Jan 13, 2015 $76,232
Consultant IBM India Private Limited Costa Mesa, CA Aug 06, 2015 $76,232
Consultant IBM India Private Limited Costa Mesa, CA Aug 16, 2015 $76,232
Package Consultant IBM India Private Limited Phoenix, AZ Dec 26, 2015 $76,228 -
$80,396
Consultant IBM India Private Limited Phoenix, AZ May 20, 2016 $76,228 -
$80,396

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Top Skills for A Consultant

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  1. Financial Statements
  2. Procedures
  3. Data Entry
You can check out examples of real life uses of top skills on resumes here:
  • Increased frequency and accuracy of financial statements by holding department heads and executives accountable to new monthly business objectives.
  • Developed policies and procedures manual for Information Technology department.
  • Developed stored procedures and triggers to facilitate consistent data entry into the database.
  • Secured designer for company website/branding initiative.
  • Used various data providers like Freehand SQL and Stored Procedures to extract data from different sources and tuned for better performance.

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