Management Consultant Careers

A management consultant, also sometimes called a management analyst, helps a company or government entity layout and execute projects with the coveted outcome of becoming more productive or competitive. To achieve this goal, they may recommend various strategies to modify the organization's structure or operation methods in ways that result in increased profits, better practices, and improved efficiency.

Management consultants may specialize in a particular industry, such as healthcare, manufacturing, or education. Alternatively, their focus may be on a function, such as human resources, information technology, financial restructuring, or inventory control.

The reported annual salary for a management consultant in the U.S is approximately $83,610, or $40.2 per hour. However, this figure can vary significantly depending upon academic qualification, having previous experience, and possession of the aforementioned skills.

There is more than meets the eye when it comes to being a management consultant. For example, did you know that they make an average of $45.73 an hour? That's $95,108 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

What Does a Management Consultant Do

There are certain skills that many management consultants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and interpersonal skills.

Learn more about what a Management Consultant does

How To Become a Management Consultant

If you're interested in becoming a management consultant, one of the first things to consider is how much education you need. We've determined that 67.3% of management consultants have a bachelor's degree. In terms of higher education levels, we found that 21.7% of management consultants have master's degrees. Even though most management consultants have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a management consultant. When we researched the most common majors for a management consultant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on management consultant resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a management consultant. In fact, many management consultant jobs require experience in a role such as project manager. Meanwhile, many management consultants also have previous career experience in roles such as consultant or senior project manager.

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Average Salary
$95,108
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
121,136
Job Openings

Management Consultant Career Paths

Top Careers Before Management Consultant

Top Careers After Management Consultant

Management Consultant Jobs You Might Like

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Management Consultant

Management Consultants in America make an average salary of $95,108 per year or $46 per hour. The top 10 percent makes over $128,000 per year, while the bottom 10 percent under $70,000 per year.
Average Salary
$95,108
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Best Paying Cities For Management Consultants

City
ascdesc
Average Salarydesc
Jersey City, NJ
Salary Range87k - 146k$113k$113,404
Seattle, WA
Salary Range86k - 144k$112k$112,093
McLean, VA
Salary Range83k - 138k$108k$107,928
Boston, MA
Salary Range83k - 138k$107k$107,200
Washington, DC
Salary Range82k - 136k$106k$106,276
New York, NY
Salary Range80k - 134k$104k$104,051
Durham, NC
Salary Range76k - 129k$99k$99,069
Hercules, CA
Salary Range73k - 131k$98k$98,333
Milwaukee, WI
Salary Range76k - 122k$97k$97,182
Philadelphia, PA
Salary Range74k - 124k$96k$96,358
Plano, TX
Salary Range71k - 129k$96k$96,284
Chicago, IL
Salary Range75k - 121k$96k$96,178
Cleveland, OH
Salary Range74k - 121k$95k$95,288
Detroit, MI
Salary Range71k - 115k$90k$90,435
Indianapolis, IN
Salary Range70k - 114k$90k$89,848
Minneapolis, MN
Salary Range70k - 112k$89k$89,404
Atlanta, GA
Salary Range66k - 118k$89k$88,574
Baton Rouge, LA
Salary Range58k - 113k$82k$81,718
Phoenix, AZ
Salary Range58k - 109k$80k$80,386
Miami, FL
Salary Range41k - 88k$60k$60,453
$41k
$146k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
SAP Transportation Management Consultant
Accenture
08/31/2021
$72,40008/31/2021
Public Service Northeast Management Consultant
Accenture
08/31/2021
$119,00008/31/2021
SAP Transportation Management Consultant
Accenture
08/31/2021
$72,40008/31/2021
Managing Consultant, Pharmacy Solutions
Amerisourcebergen Corporation-Corporate
08/29/2021
$116,70008/29/2021
Care Management Consultant-Population Health(Healthcare Setting)
Gables Search Group
08/27/2021
$55,00008/27/2021
See More Recent Salaries

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Management Consultant Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Management Consultant. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Management Consultant Resume

At Zippia, we went through countless Management Consultant resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Management Consultant Resume Examples And Templates

Management Consultant Demographics

Gender

male

62.3 %

female

32.5 %

unknown

5.2 %

Ethnicity

White

71.6 %

Asian

11.4 %

Hispanic or Latino

7.4 %

Foreign Languages Spoken

Spanish

37.7 %

French

15.8 %

German

7.6 %
Show More Management Consultant Demographics

Management Consultant Education

Majors

Business
29.2 %
Finance
8.0 %

Degrees

Bachelors

67.3 %

Masters

21.7 %

Associate

6.1 %

Top Colleges for Management Consultants

1. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

5. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

6. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

7. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

8. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

9. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

10. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529
Show More Management Consultant Education Requirements

Online Courses For Management Consultant That You May Like

Practical Project Management for Management Consultants
udemy
4.3
(468)

How to manage successfully a consulting project - practical guide for Project Managers...

Retail for Business Analysts and Management Consultants
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4.5
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Practical guide with cases studies how to analyze and improve a retail business during a management consulting project...

Strategy for Management Consultants & Business Analysts
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Top advices from consulting practice with examples and case studies...

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Top Skills For a Management Consultant

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 12.7% of management consultants listed business process on their resume, but soft skills such as analytical skills and communication skills are important as well.

Best States For a Management Consultant

Some places are better than others when it comes to starting a career as a management consultant. The best states for people in this position are New Jersey, Maryland, Washington, and Connecticut. Management consultants make the most in New Jersey with an average salary of $112,913. Whereas in Maryland and Washington, they would average $111,864 and $110,802, respectively. While management consultants would only make an average of $108,466 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New Jersey

Total Management Consultant Jobs:
2,210
Highest 10% Earn:
$179,000
Location Quotient:
1.28
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Connecticut

Total Management Consultant Jobs:
802
Highest 10% Earn:
$173,000
Location Quotient:
1.11
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Massachusetts

Total Management Consultant Jobs:
2,320
Highest 10% Earn:
$171,000
Location Quotient:
1.16
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Management Consultants

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Top Management Consultant Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ management consultants and discovered their number of management consultant opportunities and average salary. Through our research, we concluded that IBM was the best, especially with an average salary of $96,231. Axon Solutions follows up with an average salary of $123,196, and then comes Accenture with an average of $91,205. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a management consultant. The employers include Korn Ferry, CVS Health, and Dell

Management Consultant Videos

Updated August 18, 2021