What does a Management Consultant do?

Management consultants are responsible for helping organizations solve issues, create value, maximize growth and improve business performance. They are deeply skilled in business and provide objective advice and expertise and help an organization develop any specialist skills that it may be lacking. Management consultants understand situational interpretations and analyze data to identify and understand challenges. Management consultants can work in a variety of industries including banking, healthcare or engineering.

A Bachelor's degree in Business or a related field with 5 years of experience within the field is needed for management consultants. Successful management consultants possess excellent time management and strong interpersonal skills.

  • Develop research and data collection to understand the organizations conduct analysis
  • Interview the clients employees, management team and other stakeholders
  • Identify and negotiate schedules, milestones, and resources required to meet project objectives
  • Implement recommendations or solutions and ensure the client receives the necessary assistance to carry it all out
  • Lead and manage those within the team, including analysts
  • Manage projects and programs
  • Conduct focus groups and facilitate workshops
  • Effectively prepare business proposals and presentations
  • Additional qualifications or certifications a plus
  • 6+ years experience as a Management Consultant or another relevant role
  • Familiarity with common business software, project management programs and IT systems
  • Ability to establish and maintain strong relationships and to influence others and move toward a common vision or goal
  • Effectively deliver projects on-time, on-budget within the scope that meets or exceeds stakeholder expectations
  • Demonstrated experience in project management of extensive multi-phase projects
  • Impeccable organizational skills
  • Strong working knowledge of business management best practices
  • Aptitude for analytical and creative thinking
EducationBachelor's Degree
Work/Life Balance
3.6 ★
Salary Range--
Career Opportunity
3.9 ★
Avg. Experience2-4 years

Management Consultant Salaries

Average Base Pay

$6,700 /month
Same as national average
Not including cash compensation
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$3K
Median: $7K
$10K
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Glassdoor Estimated Salary

Management Consultant Career Path

Learn how to become a Management Consultant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L2
Management Consultant
$77,100/yr
L3
L4
See Career Path

Management Consultant Insights

Read what Management Consultant professionals have to say about their job experiences and view top companies for this career.
AccentureAccenture
Management Consultant
3 Dec 2019

“Great people to help you progress your career and help mentor and guide you through this massive company”

HCL TechnologiesHCL Technologies
Management Consultant
24 Oct 2019

“I was full time for almost 2 years and my team mates were really nice.”

ClientFirst Consulting GroupClientFirst Consulting Group
Management Consultant
28 Jul 2021

“I love that I have the ability to work on many different projects that keep me engaged and interested.”

CrossCountry ConsultingCrossCountry Consulting
Managing Consultant
29 Jan 2020

“Both genuinely wanted to get to know me and ensure that things are going great so far.”

Realise (Sheffield, UK)Realise (Sheffield, UK)
Performance Manager
23 Jul 2021

“There is additional training for all levels and CPD opportunities are varied and relevant to your role and career progression.”

AccentureAccenture
Management Consultant
19 Apr 2021

“Opportunity to work with amazing people and serve some of the most reputable clients in the world.”

Gap InternationalGap International
Management Consultant
22 Aug 2019

“Everyone's job is not only to win on an individual level but to have everyone win around them.”

AccentureAccenture
Management Consultant
26 Jan 2021

“Crappy work life balance if you are not actively trying to have a life outside of work.”

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Management Consultant Interviews

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Management Consultant jobs

Frequently asked questions about the role and responsibilities of a management consultant

When working as a management consultant, the most common skills you will need to perform your job and for career success are Consulting Experience, Excellent Communication, Cloud, Powerpoint and Client Interaction.

The most similar professions to management consultant are:
  • Consultant
  • Digital Marketing
  • Program Manager
  • Project Manager

The most common qualifications to become a management consultant is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.