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Become A Senior Business Consultant

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Working As A Senior Business 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

  • $95,000

    Average Salary

What Does A Senior Business 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 Senior Business 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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Senior Business Consultant jobs

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Senior Business Consultant Career Paths

Senior Business Consultant
Senior Manager Director Of Information
Chief Information Officer
11 Yearsyrs
Business Intelligence Lead Business Intelligence Architect Solutions Architect
Customer Relationship Management Manager
8 Yearsyrs
Senior Management Consultant Principal Consultant Senior Manager
Director Of Enterprise Architecture
14 Yearsyrs
Senior Project Manager Senior Product Manager Senior Manager
Director Of Information
10 Yearsyrs
Information Technology Project Manager Senior Manager
Director Of Strategy
12 Yearsyrs
Business Intelligence Lead Business Intelligence Manager Information Technology Manager
Director, Applications
13 Yearsyrs
Purchasing Manager Supply Chain Analyst Senior Finance Analyst
Finance Project Manager
7 Yearsyrs
Director Of Sales Operations Director Information Technology Project Manager
Manager, Project Management Office
12 Yearsyrs
Director Of Sales Business Consultant Senior Consultant
Manager, Strategy
8 Yearsyrs
Principal Consultant Solutions Architect
Program Manager
8 Yearsyrs
Business Development Manager Human Resources Coordinator Controller
Senior Director Of Finance
14 Yearsyrs
Information Technology Project Manager Director Of Information
Senior Director Of Information & Technology
13 Yearsyrs
Manager And Consultant Program Manager Human Resources Generalist
Senior Human Resources Consultant
9 Yearsyrs
Manager And Consultant Information Technology Project Manager
Senior Information Technology Manager
10 Yearsyrs
Senior Project Manager Program Director General Manager
Senior Manager
10 Yearsyrs
Senior Manager Operations Director
Senior Project Manager
12 Yearsyrs
Business Development Manager Senior Account Manager Account Executive
Strategic Accounts Manager
9 Yearsyrs
Principal Consultant Senior Manager Director Of Information
Vice President Of Information Technology
12 Yearsyrs
Purchasing Manager Human Resources Manager Assistant Vice President
Vice President, Strategy
13 Yearsyrs
Senior Management Consultant Senior Project Manager
Vice President, Technology
11 Yearsyrs
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Average Length of Employment
Owner, Consultant 4.7 years
Business Partner 3.6 years
Business Leader 3.0 years
Senior Consultant 3.0 years
Staff Consultant 2.5 years
Consultant 2.4 years
Business Architect 2.3 years
Lead Consultant 2.3 years
Process Consultant 2.2 years
Project Consultant 1.9 years
PMO Consultant 1.3 years
Top Employers Before
Consultant 7.1%
Manager 3.9%
Director 2.6%
Top Employers After
Consultant 5.1%
Director 2.7%
Manager 2.6%
Principal 2.1%

Senior Business Consultant Demographics

Gender

Male

65.6%

Female

32.5%

Unknown

1.8%
Ethnicity

White

74.8%

Asian

12.7%

Hispanic or Latino

8.0%

Unknown

3.4%

Black or African American

1.2%
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Languages Spoken

Spanish

42.2%

French

9.6%

Chinese

7.2%

Mandarin

7.2%

Portuguese

6.0%

German

4.8%

Persian

3.6%

Italian

3.6%

Japanese

2.4%

Cantonese

2.4%

Hebrew

1.2%

Vietnamese

1.2%

Romanian

1.2%

Chickasaw

1.2%

Malay

1.2%

Greek

1.2%

Arabic

1.2%

Croatian

1.2%

Carrier

1.2%
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Senior Business Consultant Education

Schools

University of Phoenix

19.1%

Wayne State University

5.2%

University of Southern California

5.2%

Cornell University

5.2%

Boston University

5.2%

George Washington University

4.8%

Michigan State University

4.8%

American University

4.8%

University of Texas at Austin

4.3%

Northeastern University

4.3%

New York University

3.9%

Ohio State University

3.9%

Pennsylvania State University

3.9%

Florida State University

3.9%

Southern Methodist University

3.9%

DePaul University

3.9%

Howard University

3.5%

University of Virginia

3.5%

University of Chicago

3.5%

Syracuse University

3.0%
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Majors

Business

35.8%

Finance

11.3%

Accounting

7.3%

Management

6.5%

Computer Science

5.9%

Marketing

5.0%

Computer Information Systems

3.5%

Project Management

3.0%

Management Information Systems

2.7%

Information Technology

2.6%

Education

2.0%

Psychology

1.9%

Electrical Engineering

1.7%

Economics

1.7%

Human Resources Management

1.7%

English

1.7%

Communication

1.7%

Information Systems

1.7%

Mechanical Engineering

1.2%

Environmental Control Technologies/Technicians

1.2%
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Degrees

Masters

40.1%

Bachelors

39.1%

Other

11.6%

Associate

3.2%

Certificate

2.6%

Doctorate

2.5%

Diploma

0.9%

License

0.1%
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Temporary

Real Senior Business Consultant Salaries

Job Title Company Location Start Date Salary
Senior Business Consultant Simcorp USA Inc. New York, NY Sep 17, 2016 $160,251
Senior Business Consultant Simcorp USA New York, NY Sep 01, 2015 $160,000
Senior Business Value Consultant Servicenow, Inc. San Francisco, CA Nov 17, 2016 $152,880 -
$160,000
Senior Business Consultant Sungard Eprocess Intelligence LLC Parsippany-Troy Hills, NJ Sep 29, 2015 $151,203
Senior Business Consultant Sungard Eprocess Intelligence LLC Parsippany-Troy Hills, NJ Sep 29, 2015 $150,692
Senior Business Consultant Retail Consult, LLC Boston, MA Jan 24, 2016 $150,000
Senior Business Consultant Efront Financial Solutions Inc. San Francisco, CA Sep 21, 2016 $150,000
Senior Consultant-Business Consulting Infosys Limited Fort Worth, TX May 27, 2016 $143,832
Senior Business Consultant Simcorp USA Inc. Herndon, VA May 12, 2016 $140,000
Senior Business Consultant Simcorp USA Inc. Herndon, VA Nov 14, 2016 $140,000
Senior Business Consultant HSBC Bank USA, N.A. New York, NY Jun 03, 2015 $135,000
Senior Consultant-Business Consulting Infosys Limited Point, PA Nov 06, 2016 $134,662
Senior Business Consultant Robert Bosch LLC IL Jun 30, 2016 $108,913
Senior Consultant-Business Consulting Infosys Limited Houston, TX Feb 21, 2015 $108,846
SR Business Consultant Aknish Technologies Corporation Lisle, IL Jun 17, 2016 $108,000
SR Business Consultant Aknish Technologies Corporation Lisle, IL Jun 13, 2016 $108,000
Senior Big Data Business Analysis Consultant Optum Services, Inc. Eden Prairie, MN May 02, 2016 $107,723 -
$136,400
Senior Business Consultant Bayer Business and Technology Services, LLC Pittsburgh, PA Oct 02, 2016 $106,290
Senior Business Consultant ABB Inc. Sugar Land, TX Apr 28, 2015 $105,934 -
$138,200
Senior Business Intelligence Consultant Fusion Consulting Inc. Irving, TX May 29, 2015 $105,560 -
$125,000
SR. Consultant-Business Consulting Virtusa Corporation New York, NY Jan 29, 2016 $94,000
Senior Business Consultant Perficient, Inc. Houston, TX Apr 26, 2016 $93,000 -
$103,000
Business Consultant, Senior Robert Bosch LLC Mount Prospect, IL Aug 25, 2016 $93,000
Techology Business Consultant Senior FIS Management Services LLC Milwaukee, WI May 27, 2015 $92,186 -
$105,000
Senior Business Consultant Ericsson Inc. Plano, TX Jun 24, 2016 $92,144 -
$138,000
Senior Business Consultant Simcorp USA, Inc. New York, NY Sep 07, 2015 $91,500 -
$115,000
Senior Business Consultant Sungard Systems International Inc. Jersey City, NJ Jul 15, 2015 $91,000
Senior Business Application Consultant JDA Software, Inc. Scottsdale, AZ Dec 23, 2016 $90,459 -
$125,249

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Top Skills for A Senior Business Consultant

FinancialAnalysisBusinessProcessBusinessStrategyProceduresBusinessRequirementsComplianceProjectManagementWebIntelligenceSQLServerDataWarehouseProcessImprovementDashboardsArchitectureResourceBIConsultantsBusinessDevelopmentBusinessUnitsERPETL

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Top Senior Business Consultant Skills

  1. Financial Analysis
  2. Business Process
  3. Business Strategy
You can check out examples of real life uses of top skills on resumes here:
  • Organized financial structure, and performed financial analysis.
  • Develop requirements and business process models for new business and renewal underwriting and actuarial functions.
  • Served in consulting role supporting business strategy engagements and performance management initiatives.
  • Developed system security access process, operating procedures and conducted user training sessions.
  • Led Oracle EPM 11.1.2.1 implementations, gathered business requirements, and developed Hyperion applications and Reports for customer engagements.

Top Senior Business Consultant Employers

Senior Business Consultant Videos

I am a Senior Business Consultant

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