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Become A Senior Management Consultant

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Working As A Senior Management 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

  • $116,900

    Average Salary

What Does A Senior Management 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 Management 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 Management Consultant jobs

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Senior Management Consultant Career Paths

Senior Management Consultant
Managing Director Principal Consultant Senior Manager
Chief Information Officer
11 Yearsyrs
Chief Information Officer Management Consultant Senior Manager
Director Of Enterprise Architecture
14 Yearsyrs
Senior Project Manager Senior Product Manager Senior Manager
Director Of Information
10 Yearsyrs
Senior Manager Senior Project Manager
Director Of Project Management
12 Yearsyrs
Solutions Architect Senior Project Manager Marketing Director
Director Of Strategy
12 Yearsyrs
Manager And Consultant Information Technology Project Manager Director Of Information
Director, Applications
13 Yearsyrs
Human Resources Coordinator Project Manager Service Delivery Manager
Director, Service Delivery
13 Yearsyrs
Chief Information Officer Principal Consultant Information Technology Project Manager
Manager, Project Management Office
12 Yearsyrs
Human Resources Coordinator Business Manager Practice Manager
Practice Director
12 Yearsyrs
Managing Director Chief Executive Officer Specialist
Program Manager
8 Yearsyrs
General Manager Business Manager Controller
Senior Director Of Finance
14 Yearsyrs
General Manager Senior Manager Director Of Information
Senior Director Of Information & Technology
13 Yearsyrs
Director Of Information Program Manager Human Resources Generalist
Senior Human Resources Consultant
9 Yearsyrs
Solutions Architect Program Manager 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
Principal Consultant Solutions Architect Senior Project Manager
Senior Technical Program Manager
12 Yearsyrs
Principal Consultant Senior Manager Director Of Information
Vice President Of Information Technology
12 Yearsyrs
Manager And Consultant Business Developer Director Of Strategy
Vice President, Strategy
13 Yearsyrs
Director Of Information Vice President Of Information Technology
Vice President, Technology
11 Yearsyrs
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Average Length of Employment
Owner, Consultant 4.7 years
Senior Consultant 3.0 years
Project Analyst 3.0 years
Staff Consultant 2.5 years
Consultant 2.4 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 6.1%
Director 3.9%
Manager 3.8%
Top Employers After
Consultant 6.6%
Director 4.3%
Manager 3.9%
Principal 3.5%
President 2.0%

Senior Management Consultant Demographics

Gender

Male

70.7%

Female

26.2%

Unknown

3.1%
Ethnicity

White

74.9%

Asian

12.7%

Hispanic or Latino

7.9%

Unknown

3.2%

Black or African American

1.3%
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Languages Spoken

Spanish

28.4%

French

17.2%

German

9.5%

Cantonese

5.2%

Mandarin

4.3%

Hindi

3.4%

Korean

3.4%

Italian

3.4%

Portuguese

3.4%

Chinese

3.4%

Arabic

3.4%

Russian

2.6%

Swahili

1.7%

Turkish

1.7%

Norwegian

1.7%

Bengali

1.7%

Carrier

1.7%

Japanese

1.7%

Swedish

0.9%

Gujarati

0.9%
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Senior Management Consultant Education

Schools

George Washington University

10.9%

University of Phoenix

10.6%

New York University

7.6%

Villanova University

5.6%

DePaul University

5.0%

Columbia University

4.7%

American University

4.7%

Capella University

4.7%

University of Texas at Austin

4.4%

Harvard University

4.4%

Northeastern University

4.4%

University of Houston

4.1%

Duke University

4.1%

Pennsylvania State University

3.8%

Northwestern University

3.5%

University of Maryland - University College

3.5%

University of Maryland - College Park

3.5%

University of Michigan - Ann Arbor

3.5%

Georgia Institute of Technology -

3.5%

University of Chicago

3.5%
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Majors

Business

33.1%

Finance

12.6%

Computer Science

8.3%

Management

7.5%

Project Management

5.4%

Computer Information Systems

4.4%

Accounting

4.4%

Electrical Engineering

3.3%

Marketing

2.9%

Information Technology

2.6%

Economics

2.3%

Management Information Systems

2.1%

Political Science

2.0%

Mechanical Engineering

1.5%

Human Resources Management

1.5%

Information Systems

1.4%

Counseling Psychology

1.4%

Education

1.1%

Communication

1.1%

Computer Engineering

1.1%
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Degrees

Masters

47.5%

Bachelors

30.7%

Other

11.7%

Doctorate

3.9%

Certificate

3.6%

Associate

2.0%

Diploma

0.7%
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Real Senior Management Consultant Salaries

Job Title Company Location Start Date Salary
Senior Managing Consultant IBM Corporation Chicago, IL Aug 31, 2016 $199,216
Senior Managing Consultant IBM Corporation Washington, DC Feb 01, 2015 $195,000
Senior Managing Consultant IBM Corporation Somers, NY Jun 15, 2016 $194,001
Senior Managing Consultant IBM Corporation Somers, NY Jun 19, 2015 $188,843
Senior Managing Consultant IBM Corporation Chicago, IL Aug 25, 2015 $188,688
Senior Managing Consultant IBM Corporation Chicago, IL Aug 11, 2015 $185,000 -
$200,000
Senior Managing Consultant IBM Corporation Chicago, IL Aug 25, 2015 $185,000 -
$200,000
Senior Managing Consultant IBM Corporation Coppell, TX Sep 22, 2016 $185,000
Senior Managing Consultant IBM Corporation Charlotte, NC Jul 12, 2016 $181,000
Senior Managing Consultant IBM Corporation Wayne, PA Nov 10, 2016 $180,000
Senior Consultant-Hydrocarbon Management Shell U.S. Hosting Company Houston, TX Jan 06, 2016 $178,900
Senior Managing Consultant IBM Corporation Atlanta, GA Sep 02, 2015 $175,762
Senior Managing Consultant IBM Corporation Charlotte, NC Jul 16, 2016 $175,378
Senior Managing Consultant IBM Corporation Charlotte, NC Dec 02, 2016 $175,378
Senior Management Consultant IBM Corporation Dublin, OH Feb 10, 2015 $150,000
Senior Management Consultant IBM Corporation Dublin, OH Feb 11, 2015 $150,000
Senior Managing Consultant IBM Corporation San Francisco, CA Apr 26, 2016 $150,000
Senior Managing Consultant IBM Corporation Tampa, FL May 01, 2016 $150,000
Senior Managing Consultant IBM Corporation Coppell, TX Jun 22, 2015 $150,000
Senior Managing Consultant IBM Corporation Dallas, TX Nov 29, 2016 $150,000
Senior Managing Consultant IBM Corporation Atlanta, GA May 25, 2015 $149,910
Senior Managing Consultant IBM Corporation Houston, TX Jan 05, 2015 $130,245 -
$195,000
Senior Managing Consultant IBM Corporation Secaucus, NJ Mar 16, 2015 $129,487 -
$207,379
Senior Managing Consultant IBM Corporation Austin, TX Oct 09, 2016 $129,391 -
$161,888
Senior Managing Consultant IBM Corporation Schaumburg, IL Jan 23, 2015 $128,707 -
$211,571
Senior Managing Consultant IBM Corporation Schaumburg, IL Aug 05, 2015 $128,706 -
$211,571
Senior Managing Consultant IBM Corporation Irving, TX Jun 23, 2016 $128,654 -
$188,350

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Top Skills for A Senior Management Consultant

FinancialAnalysisProjectManagementStrategicPlansBusinessProcessProjectDeliverablesProceduresInfrastructureComplianceResourceArchitectureProcessImprovementPortfolioWebPMOProjectPlanDataWarehouseBusinessDevelopmentHealthcareProgramManagementAudit

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Top Senior Management Consultant Skills

  1. Financial Analysis
  2. Project Management
  3. Strategic Plans
You can check out examples of real life uses of top skills on resumes here:
  • Developed enhancements to marketing and financial analysis systems used to develop new calling programs and support tariff change requests.
  • Trained staff in project management techniques and use of project management tools for milestone and budget reporting.
  • Developed Tactical & Strategic plans for integration of acquired companies and their Intellectual Property.
  • Manage in house and offshore team members in overseeing complex business processes.
  • Coordinated 4 outsourced global vendors to ensure that all project deliverables were successfully executed.

Top Senior Management Consultant Employers

Senior Management Consultant Videos

Career Advice on becoming a Senior Management Consultant by Jonas E (Full Version)

Jonas Eilersen - Senior Management Consultant

Career Advice on becoming a Management Consultant by Sara C (Full Version)

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