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Business strategy consultant salary
Average business strategy consultant salary
$115,742
Understanding Business Strategy Consultant Salaries
The average salary for a Business Strategy Consultant in the United States is $115,742 per year, with variations based on experience, location, and industry. Entry-level consultants can expect to earn less, while seasoned professionals command higher salaries. For instance, consultants in high-demand sectors such as technology or finance tend to earn more than those in non-profit or governmental roles.
Impact of Experience
Experience significantly affects salary potential. Junior consultants with 0-2 years of experience may earn around $70,000, while those with over 10 years can exceed $150,000. Moreover, obtaining relevant certifications or advanced degrees can also enhance earning potential in this field.
Regional Salary Differences
Geography plays a crucial role in determining salary. States like California, New York, and Illinois offer some of the highest salaries for business strategy consultants due to the concentration of large firms and industries. Conversely, states with lower costs of living may offer lower salaries.
For those considering a career in this field, understanding these factors can help in making informed decisions about job opportunities and career progression.
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Where can a Business Strategy Consultant earn more?
Business strategy consultant salaries by experience level
Business strategy consultant salary estimates from across the web
Average business strategy consultant salary by state
The highest-paying states for business strategy consultants are Texas, Massachusetts, and Washington. The lowest average business strategy consultant salary states are Wyoming, Oklahoma, and Florida.
- State view
- County view
Highest paying states for business strategy consultants
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $116,942 | $56.22 |
| 2 | Massachusetts | $132,525 | $63.71 |
| 3 | District of Columbia | $128,121 | $61.60 |
| 4 | Ohio | $115,859 | $55.70 |
| 5 | Nevada | $109,774 | $52.78 |
| 6 | New York | $124,596 | $59.90 |
| 7 | Texas | $134,165 | $64.50 |
| 8 | Oregon | $120,151 | $57.76 |
| 9 | Connecticut | $123,649 | $59.45 |
| 10 | Alabama | $106,568 | $51.23 |
| 11 | New Jersey | $118,372 | $56.91 |
| 12 | Washington | $126,927 | $61.02 |
| 13 | Virginia | $122,603 | $58.94 |
| 14 | Wisconsin | $106,543 | $51.22 |
| 15 | California | $122,727 | $59.00 |
| 16 | Pennsylvania | $110,462 | $53.11 |
| 17 | Minnesota | $105,311 | $50.63 |
| 18 | South Dakota | $99,894 | $48.03 |
| 19 | Maryland | $125,777 | $60.47 |
| 20 | Kentucky | $102,849 | $49.45 |
| 21 | Delaware | $111,462 | $53.59 |
| 22 | Alaska | $104,117 | $50.06 |
| 23 | Michigan | $99,677 | $47.92 |
| 24 | Missouri | $101,293 | $48.70 |
| 25 | Indiana | $101,280 | $48.69 |
| 26 | North Carolina | $104,949 | $50.46 |
| 27 | Tennessee | $99,929 | $48.04 |
| 28 | Utah | $101,460 | $48.78 |
| 29 | Louisiana | $103,003 | $49.52 |
| 30 | New Hampshire | $101,924 | $49.00 |
| 31 | Nebraska | $95,654 | $45.99 |
| 32 | Vermont | $100,079 | $48.11 |
| 33 | Colorado | $109,573 | $52.68 |
| 34 | South Carolina | $100,755 | $48.44 |
| 35 | Illinois | $101,923 | $49.00 |
| 36 | West Virginia | $97,376 | $46.82 |
| 37 | Iowa | $94,596 | $45.48 |
| 38 | Mississippi | $89,981 | $43.26 |
| 39 | Montana | $86,296 | $41.49 |
| 40 | Kansas | $89,150 | $42.86 |
| 41 | Arizona | $99,556 | $47.86 |
| 42 | Oklahoma | $85,174 | $40.95 |
| 43 | Maine | $98,032 | $47.13 |
| 44 | New Mexico | $87,629 | $42.13 |
| 45 | Idaho | $93,140 | $44.78 |
| 46 | Georgia | $94,756 | $45.56 |
| 47 | Arkansas | $69,062 | $33.20 |
| 48 | Wyoming | $86,127 | $41.41 |
| 49 | Hawaii | $81,677 | $39.27 |
| 50 | Florida | $81,991 | $39.42 |
| 51 | North Dakota | $79,274 | $38.11 |
Highest paying cities for business strategy consultants
The highest-paying cities for business strategy consultants are Dallas, TX, Boston, MA, and San Francisco, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Dallas, TX | $137,447 | $66.08 |
| 2 | Boston, MA | $132,799 | $63.85 |
| 3 | San Francisco, CA | $130,028 | $62.51 |
| 4 | Washington, DC | $128,400 | $61.73 |
| 5 | Seattle, WA | $127,198 | $61.15 |
| 6 | New York, NY | $124,968 | $60.08 |
| 7 | Stamford, CT | $123,743 | $59.49 |
| 8 | Arlington, VA | $123,389 | $59.32 |
| 9 | Jersey City, NJ | $118,528 | $56.98 |
| 10 | Portland, OR | $118,251 | $56.85 |
| 11 | Cleveland, OH | $117,442 | $56.46 |
| 12 | Philadelphia, PA | $110,798 | $53.27 |
| 13 | Denver, CO | $109,080 | $52.44 |
| 14 | Raleigh, NC | $107,134 | $51.51 |
| 15 | Milwaukee, WI | $107,064 | $51.47 |
| 16 | Birmingham, AL | $105,633 | $50.79 |
| 17 | Minneapolis, MN | $105,360 | $50.65 |
| 18 | Chicago, IL | $102,423 | $49.24 |
| 19 | Saint Louis, MO | $102,362 | $49.21 |
| 20 | Indianapolis, IN | $101,133 | $48.62 |
Business strategy consultant salary details
A business strategy consultant's salary ranges from $79,000 a year at the 10th percentile to $169,000 at the 90th percentile.
What is a business strategy consultant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $169,000 | $14,083 | $81 |
| 75th Percentile | $141,000 | $11,750 | $68 |
| Average | $115,742 | $9,645 | $56 |
| 25th Percentile | $94,000 | $7,833 | $45 |
| 10th Percentile | $79,000 | $6,583 | $38 |
Highest paying business strategy consultant jobs
The highest paying types of business strategy consultants are executive consultant, principal consultant, and strategy consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Business Developer | $101,635 | $8,470 | $48.86 | 193,469 |
| Business Advisor | $96,469 | $8,039 | $46.38 | 125,154 |
| Manager, Strategy | $109,831 | $9,153 | $52.80 | 148,326 |
| Business Partner | $96,324 | $8,027 | $46.31 | 106,251 |
| Consultant | $78,912 | $6,576 | $37.94 | 171,733 |
| Solutions Consultant | $94,839 | $7,903 | $45.60 | 103,093 |
How would you rate the starting salaries for business strategy consultants, as well as the prospects for salary advancement?
Robin Cormier
Assistant Professor, Montana State University - Billings
Top companies hiring business strategy consultants now:
Which companies pay business strategy consultants the most?
Business strategy consultant salaries at Google and Veeva Systems are the highest-paying according to our most recent salary estimates. In addition, the average business strategy consultant salary at companies like Ernst & Young and Strategic Staffing Solutions are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | $157,877 | $75.90 | |
| 2 | Veeva Systems | $144,143 | $69.30 |
| 3 | Ernst & Young | $142,914 | $68.71 |
| 4 | Strategic Staffing Solutions | $137,053 | $65.89 |
| 5 | Microsoft | $136,420 | $65.59 |
| 6 | State Street | $130,434 | $62.71 |
| 7 | Ericsson | $130,263 | $62.63 |
| 8 | BNY Mellon | $129,479 | $62.25 |
| 9 | Apex Systems | $128,233 | $61.65 |
| 10 | Blue Cross & Blue Shield | $127,120 | $61.12 |
| 11 | Flyhomes | $127,118 | $61.11 |
| 12 | Teltech Communications, Llc | $127,099 | $61.11 |
| 13 | *n/a* | $126,912 | $61.02 |
| 14 | Salesforce | $125,531 | $60.35 |
| 15 | Visa | $123,990 | $59.61 |
| 16 | Park Hudson | $123,866 | $59.55 |
| 17 | Randstad North America, Inc. | $122,272 | $58.78 |
| 18 | JPMorgan Chase & Co. | $113,357 | $54.50 |
| 19 | CareFirst BlueCross BlueShield | $112,908 | $54.28 |
| 20 | BlackRock | $110,286 | $53.02 |
Wage gap by gender, race and education
Business strategy consultant salary trends
The average business strategy consultant salary has risen by $12,108 over the last ten years. In 2014, the average business strategy consultant earned $103,634 annually, but today, they earn $115,742 a year. That works out to a 8% change in pay for business strategy consultants over the last decade.
Compare business strategy consultant salaries for cities or states with the national average over time.
Average business strategy consultant salary over time
Compare business strategy consultant salaries for individual cities or states with the national average.
Business strategy consultant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $116,000 | $55.65 | +2.7% |
| 2025 | $113,000 | $54.12 | +1.9% |
| 2024 | $110,000 | $53.07 | +1.4% |
| 2023 | $109,000 | $52.34 | +1.4% |
| 2022 | $107,000 | $51.63 | +0.0% |
Recently added business strategy consultant salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Delaware North Companies | Business Analytics and Strategy, Boston Bruins and TD Garden | Boston, MA | 06/25/2025 | $56,800 |
| Health Care Service | Principal Strategy Consultant-Pharmacy Business | Chicago, IL | 06/08/2025 | $110,000 |
| HCSC | Principal Strategy Consultant-Pharmacy Business | Richardson, TX | 06/07/2025 | $110,000 |
| HCSC | Principal Strategy Consultant-Pharmacy Business | Chicago, IL | 06/07/2025 | $110,000 |
| Massmutual Financial Group | Strategy Consultant, Business Strategy | Boston, MA | 05/29/2025 | $128,000 |
| Metlife, Inc. | Senior Business Strategy Consultant | Cary, NC | 05/24/2025 | $100,000 |
| Metlife, Inc. | Senior Business Strategy Consultant | New York, NY | 05/24/2025 | $100,000 |
| Metlife, Inc. | Senior Business Strategy Consultant | Bridgewater, NJ | 05/24/2025 | $100,000 |
| Health Care Service | Principal Corporate Strategy Consultant, Business Case Hub | Chicago, IL | 05/11/2025 | $110,000 |
| CVS Health | Senior Manager, Business Strategy and Consultant-West Region Commercial Market | Phoenix, AZ | 04/28/2025 | $75,400 |
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