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Senior management consultant salary
Average senior management consultant salary
$128,259
Understanding Senior Management Consultant Salaries
As of October 2025, Senior Management Consultants earn an average salary of $128,259 per year. This figure reflects compensation across various sectors, indicating that experience and specialized skills significantly impact earnings. With top earners in industries such as finance and technology, opportunities abound for those seeking advancement.
Salary Variance by Location
Geographic location also plays a critical role in salary determination. For instance, states like California and New York offer higher compensation compared to others. Understanding these dynamics can help professionals make informed career choices.
Opportunities for Advancement
Beyond base salaries, Senior Management Consultants often receive bonuses and benefits that enhance overall compensation. By focusing on skills development and networking, professionals in this field can position themselves for lucrative opportunities. Explore job openings that align with your expertise to maximize your earning potential.
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Where can a Senior Management Consultant earn more?
Senior management consultant salary estimates from across the web
Average senior management consultant salary by state
The average senior management consultant salary in New Jersey, Massachusetts, and New York are the highest in the U.S. The lowest average senior management consultant salary states are Florida, Idaho, and Nevada.
- State view
- County view
Highest paying states for senior management consultants
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Illinois | $139,190 | $66.92 |
| 2 | New Jersey | $149,481 | $71.87 |
| 3 | Rhode Island | $132,887 | $63.89 |
| 4 | Connecticut | $137,213 | $65.97 |
| 5 | Massachusetts | $143,116 | $68.81 |
| 6 | Washington | $139,905 | $67.26 |
| 7 | Oklahoma | $137,386 | $66.05 |
| 8 | Alabama | $133,635 | $64.25 |
| 9 | New York | $139,995 | $67.31 |
| 10 | North Carolina | $133,754 | $64.30 |
| 11 | Texas | $131,608 | $63.27 |
| 12 | Wyoming | $123,343 | $59.30 |
| 13 | District of Columbia | $134,639 | $64.73 |
| 14 | Vermont | $125,301 | $60.24 |
| 15 | Virginia | $127,167 | $61.14 |
| 16 | Wisconsin | $126,619 | $60.87 |
| 17 | New Mexico | $122,588 | $58.94 |
| 18 | Maryland | $137,028 | $65.88 |
| 19 | Kansas | $125,922 | $60.54 |
| 20 | Ohio | $124,533 | $59.87 |
| 21 | California | $125,657 | $60.41 |
| 22 | New Hampshire | $125,393 | $60.29 |
| 23 | South Carolina | $123,207 | $59.23 |
| 24 | Oregon | $122,353 | $58.82 |
| 25 | Pennsylvania | $124,435 | $59.82 |
| 26 | Colorado | $130,639 | $62.81 |
| 27 | South Dakota | $117,630 | $56.55 |
| 28 | Michigan | $117,960 | $56.71 |
| 29 | Alaska | $127,743 | $61.41 |
| 30 | Tennessee | $112,824 | $54.24 |
| 31 | West Virginia | $111,058 | $53.39 |
| 32 | Georgia | $122,620 | $58.95 |
| 33 | Minnesota | $124,209 | $59.72 |
| 34 | Arizona | $116,707 | $56.11 |
| 35 | Missouri | $123,257 | $59.26 |
| 36 | Delaware | $112,757 | $54.21 |
| 37 | Utah | $104,635 | $50.31 |
| 38 | Iowa | $117,355 | $56.42 |
| 39 | North Dakota | $112,702 | $54.18 |
| 40 | Maine | $106,626 | $51.26 |
| 41 | Indiana | $109,892 | $52.83 |
| 42 | Louisiana | $110,303 | $53.03 |
| 43 | Florida | $99,165 | $47.68 |
| 44 | Hawaii | $59,729 | $28.72 |
| 45 | Nevada | $95,658 | $45.99 |
| 46 | Nebraska | $102,439 | $49.25 |
| 47 | Arkansas | $86,707 | $41.69 |
| 48 | Kentucky | $99,459 | $47.82 |
| 49 | Mississippi | $94,332 | $45.35 |
| 50 | Montana | $102,538 | $49.30 |
| 51 | Idaho | $98,380 | $47.30 |
Highest paying cities for senior management consultants
The highest-paying cities for senior management consultants are Jersey City, NJ, Boston, MA, and Seattle, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Jersey City, NJ | $150,881 | $72.54 |
| 2 | Boston, MA | $143,836 | $69.15 |
| 3 | Seattle, WA | $140,314 | $67.46 |
| 4 | New York, NY | $140,189 | $67.40 |
| 5 | Schaumburg, IL | $140,052 | $67.33 |
| 6 | Hartford, CT | $138,168 | $66.43 |
| 7 | Washington, DC | $134,981 | $64.89 |
| 8 | Durham, NC | $134,228 | $64.53 |
| 9 | Coppell, TX | $134,191 | $64.51 |
| 10 | Denver, CO | $130,843 | $62.91 |
| 11 | San Francisco, CA | $130,495 | $62.74 |
| 12 | McLean, VA | $128,480 | $61.77 |
| 13 | Milwaukee, WI | $126,633 | $60.88 |
| 14 | Cleveland, OH | $125,536 | $60.35 |
| 15 | Philadelphia, PA | $124,490 | $59.85 |
| 16 | Minneapolis, MN | $124,218 | $59.72 |
| 17 | Sandy Springs, GA | $122,873 | $59.07 |
| 18 | Portland, OR | $121,968 | $58.64 |
| 19 | Detroit, MI | $117,899 | $56.68 |
| 20 | Phoenix, AZ | $116,948 | $56.23 |
Senior management consultant salary details
A senior management consultant's salary ranges from $90,000 a year at the 10th percentile to $181,000 at the 90th percentile.
What is a senior management consultant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $181,000 | $15,083 | $87 |
| 75th Percentile | $154,000 | $12,833 | $74 |
| Average | $128,259 | $10,688 | $62 |
| 25th Percentile | $106,000 | $8,833 | $51 |
| 10th Percentile | $90,000 | $7,500 | $43 |
Highest paying senior management consultant jobs
The highest paying types of senior management consultants are executive consultant, principal consultant, and manager and consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Consultant/Project Manager | $100,754 | $8,396 | $48.44 | 213,963 |
| Business Consultant | $87,214 | $7,268 | $41.93 | 128,033 |
| Consultant | $78,912 | $6,576 | $37.94 | 171,733 |
| Business Analyst-Consultant | $90,127 | $7,511 | $43.33 | 166,560 |
| Project Management Lead | $85,117 | $7,093 | $40.92 | 158,441 |
| Project Consultant | $86,654 | $7,221 | $41.66 | 113,013 |
How would you rate the starting salaries for senior management consultants, as well as the prospects for salary advancement?
Angela Grotto Ph.D.
Associate Professor of Management, Manhattan College
- In general, the starting salaries for business graduates are outstanding. Still, they can vary greatly, depending on major (e.g., finance vs. marketing), location (higher in metro areas), industry (e.g., tech vs. retail), and experience (think internships). Do your homework - use sites such as Salary.com or Payscale to learn the starting salaries for jobs you are interested in, and then use it when you get to the negotiation stage.
- Even if you start on the low end of a salary range for a job, there is always the potential to increase your salary in any industry. You can improve your salary through vertical advancement (i.e., promotions) and lateral advancement and development (e.g., more years of experience, obtaining an MBA, developing new skill sets, expatriate assignments, etc.).
- Remember that your starting salary sets the trajectory for your future salary prospects, so do your homework to determine appropriate compensation for the job, given your experience, education, and location. Then, hone your negotiation skills - especially if you do not feel comfortable or confident negotiating - to get the salary you deserve right from the start, and it sets you on the right path.
Top companies hiring senior management consultants now:
Which companies pay senior management consultants the most?
Senior management consultant salaries at Reed Smith and Capgemini are the highest-paying according to our most recent salary estimates. In addition, the average senior management consultant salary at companies like APCO Worldwide and HM Health Solutions are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Reed Smith | $175,391 | $84.32 |
| 2 | Capgemini | $154,639 | $74.35 |
| 3 | APCO Worldwide | $147,509 | $70.92 |
| 4 | HM Health Solutions | $146,819 | $70.59 |
| 5 | IBM | $144,399 | $69.42 |
| 6 | Ernst & Young | $144,060 | $69.26 |
| 7 | AECOM | $142,497 | $68.51 |
| 8 | Slalom | $142,440 | $68.48 |
| 9 | Point B | $142,372 | $68.45 |
| 10 | Milliman | $140,114 | $67.36 |
| 11 | Kaiser Permanente | $139,218 | $66.93 |
| 12 | Nationwide Children's Hospital | $139,187 | $66.92 |
| 13 | Arcadis | $139,045 | $66.85 |
| 14 | State Street | $137,608 | $66.16 |
| 15 | Publicis Sapient | $137,592 | $66.15 |
| 16 | PTC | $137,404 | $66.06 |
| 17 | Statoil | $137,089 | $65.91 |
| 18 | Microsoft | $136,866 | $65.80 |
| 19 | HDR | $136,009 | $65.39 |
| 20 | Dell | $134,685 | $64.75 |
Wage gap by gender, race and education
Senior Management Consultant salary by industry
The average senior management consultant salary varies across industries:
- The average senior management consultant salary in the technology industry is $135,771, the highest of any industry.
- The average senior management consultant salary in the finance industry is $117,603.
- Senior management consultants in the health care industry earn an average salary of $104,938, the lowest of any industry.
Highest paying industries for senior management consultants
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Technology | $135,771 | $65.27 |
| 2 | Professional | $117,603 | $56.54 |
| 3 | Hospitality | $117,340 | $56.41 |
| 4 | Finance | $113,921 | $54.77 |
| 5 | Health Care | $104,938 | $50.45 |
High paying senior management consultant jobs
Senior management consultant salary trends
The average senior management consultant salary has risen by $13,417 over the last ten years. In 2014, the average senior management consultant earned $114,842 annually, but today, they earn $128,259 a year. That works out to a 8% change in pay for senior management consultants over the last decade.
Compare senior management consultant salaries for cities or states with the national average over time.
Average senior management consultant salary over time
Compare senior management consultant salaries for individual cities or states with the national average.
Senior management consultant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $128,000 | $61.66 | +2.7% |
| 2024 | $125,000 | $59.97 | +1.9% |
| 2023 | $122,000 | $58.81 | +1.4% |
| 2022 | $121,000 | $58.00 | +1.4% |
| 2021 | $119,000 | $57.21 | +0.0% |
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