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A management consultant advises organizations on how to improve performance and solve business problems. They work with clients across various industries, helping them to identify areas for improvement and develop strategies to achieve their goals. Management consultants typically analyze data, conduct research, and provide recommendations on topics such as organizational structure, marketing, finance, and operations. The role requires analytical skills, strategic thinking, and the ability to communicate effectively.
Robin Cormier
Assistant Professor, Montana State University - Billings
Avg. Salary $99,360
Avg. Salary $59,228
Growth Rate 11%
Growth Rate 0.3%
American Indian and Alaska Native 0.17%
Asian 13.55%
Black or African American 8.05%
Hispanic or Latino 8.88%
Unknown 4.50%
White 64.85%
Genderfemale 34.08%
male 65.92%
Age - 43American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 43Stress level is high
7.1 - high
Complexity Level is advanced
7 - challenging
Work Life balance is very poor
6.4 - fair
Pros
Exposure to diverse industries and business models
Opportunity to develop a wide range of skills
Opportunities for international travel and work
Exposure to senior executives and decision-makers
Opportunities for networking and building relationships with clients
Cons
Travel can be exhausting and disruptive to work-life balance
Steep learning curve and constant need to learn new skills quickly
Working in a highly competitive environment
High expectations from clients and colleagues
Potential for conflict between client goals and personal values
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Skills | Percentages |
---|---|
Healthcare | 9.41% |
Project Management | 6.61% |
Portfolio | 6.01% |
Business Process | 5.40% |
Business Strategy | 5.28% |
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The average Management Consultant salary in the United States is $99,360 per year or $48 per hour. Management consultant salaries range between $72,000 and $136,000 per year.
What Am I Worth?
Flexibility of schedule and type of work in Organizational Development. Telecommute options are also superb.
As it seeks to solve problems in innovative way
It needs more patience to apply the true solution and satisfy your client
Variety of clients and challenges. Ability to solve diffcult probepms and to mentor others.
Marketing during and between projects. Work is not always steady.