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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

  • $96,000

    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
Director Of Sales Property Manager Accounts Receivable Specialist
Accounting Supervisor
5 Yearsyrs
Senior Project Manager Senior Product Manager Marketing Director
Chief Marketing Officer
10 Yearsyrs
Senior Consultant Program Manager Marketing Manager
Communications Manager
6 Yearsyrs
Solutions Architect Senior Manager Director Of Human Resources
Compensation Consultant
9 Yearsyrs
Chief Executive Officer Estimator Quality Control Manager
Controls Manager
7 Yearsyrs
Business Intelligence Lead Business Intelligence Architect Solutions Architect
Customer Relationship Management Manager
7 Yearsyrs
Information Technology Project Manager Program Manager
Deputy Director
9 Yearsyrs
Principal Consultant Senior Information Technology Manager Information Technology Director
Director Information Technology Infrastructure
13 Yearsyrs
Business Systems Senior Analyst Project Manager Purchasing Manager
Director Of Global Sourcing
14 Yearsyrs
Senior Manager Controller Human Resources Manager
Director Of Human Resources Operations
10 Yearsyrs
Director Of Sales Recruiter Human Resources Generalist
Human Resources Lead
8 Yearsyrs
Business Systems Senior Analyst Product Manager Merchandising Manager
Planning Manager
8 Yearsyrs
Data Architect Information Architect User Experience Designer
Product Lead
7 Yearsyrs
Senior Manager Program Director Recruiter
Recruitment Manager
6 Yearsyrs
Senior Consultant Information Technology Project Manager Information Technology Director
Senior Director Of Information & Technology
14 Yearsyrs
Senior Project Manager Program Director Operations Manager
Senior Operations Manager
9 Yearsyrs
Information Technology Project Manager Senior Project Manager Project Director
Senior Project Director
8 Yearsyrs
Solutions Architect Product Manager Managing Director
Strategist
6 Yearsyrs
Principal Consultant Senior Project Manager Operations Vice President
Vice President Product Development
13 Yearsyrs
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Do you work as a Senior Business Consultant?

Help others decide if this is a good career for them

Average Length of Employment
Senior Consultant 2.9 years
Consultant 2.4 years
Lead Consultant 2.3 years
Top Careers Before Senior Business Consultant
Consultant 8.7%
Manager 4.5%
Director 3.0%
Top Careers After Senior Business Consultant
Consultant 5.7%
Manager 3.7%
Director 3.0%
Principal 2.5%

Do you work as a Senior Business Consultant?

Senior Business Consultant Demographics

Gender

Male

65.9%

Female

32.3%

Unknown

1.8%
Ethnicity

White

57.0%

Asian

13.2%

Hispanic or Latino

13.0%

Black or African American

11.6%

Unknown

5.1%
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Foreign Languages Spoken

Spanish

38.0%

French

12.0%

Portuguese

6.5%

German

6.5%

Mandarin

5.6%

Chinese

5.6%

Carrier

4.6%

Italian

3.7%

Japanese

3.7%

Vietnamese

1.9%

Cantonese

1.9%

Persian

1.9%

Hebrew

1.9%

Romanian

0.9%

Zulu

0.9%

Ukrainian

0.9%

Malay

0.9%

Thai

0.9%

Chickasaw

0.9%

Croatian

0.9%
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Senior Business Consultant Education

Schools

University of Phoenix

20.9%

George Washington University

6.0%

DePaul University

5.2%

Michigan State University

4.8%

New York University

4.4%

Wayne State University

4.4%

Cornell University

4.4%

University of Georgia

4.4%

American University

4.4%

University of Minnesota - Twin Cities

4.0%

University of Southern California

4.0%

Boston University

4.0%

Northeastern University

4.0%

Northwestern University

3.6%

University of Maryland - College Park

3.6%

University of Maryland - University College

3.6%

Pennsylvania State University

3.6%

University of Texas at Austin

3.6%

University of Chicago

3.6%

University of North Texas

3.2%
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Majors

Business

34.3%

Finance

11.6%

Accounting

7.2%

Management

6.8%

Computer Science

5.9%

Marketing

5.0%

Project Management

3.4%

Computer Information Systems

3.4%

Information Technology

2.9%

Management Information Systems

2.5%

Electrical Engineering

2.1%

Education

2.1%

Economics

1.8%

Psychology

1.8%

English

1.7%

Human Resources Management

1.7%

Communication

1.6%

Information Systems

1.6%

Management Science

1.3%

Environmental Control Technologies/Technicians

1.3%
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Degrees

Masters

40.3%

Bachelors

39.3%

Other

11.3%

Associate

2.9%

Doctorate

2.9%

Certificate

2.4%

Diploma

0.8%

License

0.1%
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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 Nov 14, 2016 $140,000
Senior Business Consultant Simcorp USA Inc. Herndon, VA May 12, 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 Lansdale, PA May 27, 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 13, 2016 $108,000
SR Business Consultant Aknish Technologies Corporation Lisle, IL Jun 17, 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
Business Consultant, Senior Robert Bosch LLC Mount Prospect, IL Aug 25, 2016 $93,000
Senior Business Consultant Perficient, Inc. Houston, TX Apr 26, 2016 $93,000 -
$103,000
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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AVERAGE SALARY FOR A Senior Business Consultant

Average Yearly Salary
$96,000
View Detailed Salary Report
$66,000
Min 10%
$96,000
Median 50%
$96,000
Median 50%
$96,000
Median 50%
$96,000
Median 50%
$96,000
Median 50%
$96,000
Median 50%
$96,000
Median 50%
$138,000
Max 90%
Best Paying Company
Bayer
Highest Paying City
Seattle, WA
Highest Paying State
Washington
Avg Experience Level
2.9 years
How much does a Senior Business Consultant make at top companies?
The national average salary for a Senior Business Consultant in the United States is $96,371 per year or $46 per hour. Those in the bottom 10 percent make under $66,000 a year, and the top 10 percent make over $139,000.

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Top Skills for A Senior Business Consultant

  1. Financial Statements
  2. Business Requirements
  3. Project Management
You can check out examples of real life uses of top skills on resumes here:
  • Analyzed internal accounting functions, and made recommendations to increase accuracy and timeliness of internal financial statements.
  • Led Oracle EPM 11.1.2.1 implementations, gathered business requirements, and developed Hyperion applications and Reports for customer engagements.
  • Instituted project management philosophy and individual accountability.
  • Involved in a wide variety of strategic planning, business process re-engineering and performance management engagements in the intelligence community.
  • Planned, managed, and executed business intelligence strategies, communication planning, and project facilitation for several Federal Government agencies.

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Top 10 Best States for Senior Business Consultants

  1. New Jersey
  2. District of Columbia
  3. Connecticut
  4. Washington
  5. New York
  6. New Hampshire
  7. Illinois
  8. Massachusetts
  9. Maryland
  10. Colorado
  • (1,162 jobs)
  • (490 jobs)
  • (531 jobs)
  • (784 jobs)
  • (1,862 jobs)
  • (173 jobs)
  • (1,827 jobs)
  • (1,242 jobs)
  • (591 jobs)
  • (951 jobs)

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