A Senior Management Consultant is responsible for identifying and solving management issues within an organization. Through years and even decades of experience in their field, these Consultants conduct research and examine the various executive and management processes within a company and then create a strategy and a solution to any issues and can spot any chance for improvement of these programs.
They may do other things, such as financial and business analysis, which can come in handy in their work line and directly speak with junior employees and with customers. These Consultants may head entire teams of junior consultants and may be able to modify and replace company policies and programs.
A person seeking work in this position generally needs to have years of experience in the industry and a good understanding of managerial and other processes and methodologies. A university-level degree is often preferred, if not necessary, and a Master's degree in a subject such as Business Administration, too, might be desired, even needed. A Senior Management Consultant earns an average of $62.82 an hour.
There is more than meets the eye when it comes to being a senior management consultant. For example, did you know that they make an average of $58.61 an hour? That's $121,911 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
There are certain skills that many senior management consultants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and interpersonal skills.
When it comes to the most important skills required to be a senior management consultant, we found that a lot of resumes listed 16.9% of senior management consultants included identity, while 12.6% of resumes included business process, and 9.6% of resumes included procedures. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior management consultant job title. But what industry to start with? Most senior management consultants actually find jobs in the technology and finance industries.
If you're interested in becoming a senior management consultant, one of the first things to consider is how much education you need. We've determined that 68.3% of senior management consultants have a bachelor's degree. In terms of higher education levels, we found that 23.0% of senior management consultants have master's degrees. Even though most senior management consultants have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior management consultant. When we researched the most common majors for a senior management consultant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on senior management consultant resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a senior management consultant. In fact, many senior management consultant jobs require experience in a role such as senior project manager. Meanwhile, many senior management consultants also have previous career experience in roles such as senior consultant or project manager.