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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

  • $130,738

    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 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)

Senior Management Consultant Jobs

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Senior Management Consultant Career Paths

Senior Management Consultant
Chief Information Officer Adjunct Professor Information Technology Project Manager
Business Program Manager
10 Yearsyrs
General Manager Management Consultant Change Management Consultant
Change Manager
10 Yearsyrs
Senior Program Management Consultant Senior Project Manager Solutions Architect
Customer Relationship Management Manager
8 Yearsyrs
Solutions Architect Program Manager Information Technology Director
Director Of Information Management
11 Yearsyrs
Senior Manager Senior Project Manager
Director Of Professional Services
11 Yearsyrs
General Manager Database Administrator Information Technology Manager
Director, Applications
12 Yearsyrs
Principal Consultant Architect Program Manager
Engagement Manager
9 Yearsyrs
Principal Consultant Solutions Architect Program Manager
Global Program Manager
11 Yearsyrs
Manager And Consultant Consultant/Project Manager Implementation Manager
Integration Manager
10 Yearsyrs
Managing Director Adjunct Professor Information Technology Project Manager
Manager, Project Management Office
12 Yearsyrs
Adjunct Professor Senior Software Engineer Senior Analyst
Manager, Strategy
8 Yearsyrs
Chief Information Officer Principal Consultant Practice Manager
Practice Director
12 Yearsyrs
Senior Finance Analyst Senior Manager
Practice Leader
11 Yearsyrs
Managing Director Operations Vice President Senior Consultant
Senior Information Technology Manager
10 Yearsyrs
Senior Advisor Compliance Manager Subcontracts Manager
Senior Managed
7 Yearsyrs
Senior Project Manager
Senior Technical Program Manager
12 Yearsyrs
Solutions Architect Senior Manager Business Development Director
Solutions Director
13 Yearsyrs
Senior Project Manager Senior Product Manager Product Management Director
Vice President, Product Management
13 Yearsyrs
Senior Finance Analyst Assistant Vice President Marketing Vice President
Vice President, Strategy
13 Yearsyrs
Senior Manager Controller Assistant Vice President
Vice President, Technology
11 Yearsyrs
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Do you work as a Senior Management 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
Project Consultant 1.9 years
Top Careers Before Senior Management Consultant
Consultant 7.0%
Director 4.0%
Manager 3.7%
Top Careers After Senior Management Consultant
Consultant 7.4%
Director 5.0%
Manager 4.8%
Principal 3.5%
President 2.2%

Do you work as a Senior Management Consultant?

Senior Management Consultant Demographics

Gender

Male

68.7%

Female

28.3%

Unknown

3.0%
Ethnicity

White

56.2%

Asian

13.4%

Hispanic or Latino

12.9%

Black or African American

12.5%

Unknown

5.0%
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Foreign Languages Spoken

Spanish

28.2%

French

17.7%

German

9.7%

Mandarin

4.8%

Korean

4.8%

Portuguese

4.8%

Italian

4.0%

Chinese

4.0%

Russian

3.2%

Cantonese

3.2%

Arabic

3.2%

Hindi

2.4%

Turkish

1.6%

Bengali

1.6%

Carrier

1.6%

Japanese

1.6%

Swedish

0.8%

Swahili

0.8%

Gujarati

0.8%

Cheyenne

0.8%
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Senior Management Consultant Education

Schools

University of Phoenix

11.4%

George Washington University

9.9%

New York University

7.4%

Villanova University

5.3%

DePaul University

4.8%

American University

4.8%

Capella University

4.6%

Northwestern University

4.3%

University of Houston

4.3%

Columbia University

4.3%

Northeastern University

4.3%

University of Chicago

4.3%

Cornell University

4.1%

University of Pittsburgh -

4.1%

University of Texas at Austin

3.8%

Harvard University

3.8%

Duke University

3.8%

University of Pennsylvania

3.6%

Pennsylvania State University

3.6%

University of Southern California

3.6%
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Majors

Business

32.7%

Finance

12.5%

Computer Science

8.4%

Management

7.2%

Project Management

5.2%

Computer Information Systems

4.1%

Accounting

4.1%

Electrical Engineering

3.2%

Marketing

3.2%

Information Technology

2.4%

Economics

2.3%

Management Information Systems

2.1%

Political Science

1.9%

Psychology

1.6%

Human Resources Management

1.6%

Health Care Administration

1.6%

Counseling Psychology

1.6%

Education

1.4%

Information Systems

1.4%

Nursing

1.3%
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Degrees

Masters

47.3%

Bachelors

31.9%

Other

11.1%

Doctorate

3.6%

Certificate

3.3%

Associate

2.0%

Diploma

0.7%
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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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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 Coppell, TX Jun 22, 2015 $150,000
Senior Managing Consultant IBM Corporation Tampa, FL May 01, 2016 $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

  1. Project Management
  2. Process Improvement
  3. Financial Statements
You can check out examples of real life uses of top skills on resumes here:
  • Project: Compliance and Suspicious Incident Reporting System Provide Project Management and business analysis expertise for Regulatory systems of the Bank.
  • Achieved on-time and on-budget delivery of systems, reporting, and business process improvements by providing focused business directions.
  • Leveraged knowledge of financial statements and their inter-relationships to develop and implement a comprehensive planning solution for global telecommunications firm.
  • Manage multiple client accounts, leading organizational management consulting, change management, customer relationship management, strategic planning and governance.
  • Developed effective documentation, reporting procedures, proposals, and project deliverables according to business plans.

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Top 10 Best States for Senior Management Consultants

  1. North Carolina
  2. Connecticut
  3. District of Columbia
  4. Arizona
  5. Washington
  6. Illinois
  7. Pennsylvania
  8. New Jersey
  9. Texas
  10. Wisconsin
  • (1,196 jobs)
  • (505 jobs)
  • (673 jobs)
  • (678 jobs)
  • (858 jobs)
  • (1,966 jobs)
  • (1,293 jobs)
  • (1,275 jobs)
  • (2,742 jobs)
  • (434 jobs)

Top Senior Management Consultant Employers

Jobs From 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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