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

$93,331 /yr
Same as national average
Not including cash compensation
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$61K
Median: $93K
$142K
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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
$93,331/yr
L3
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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
Dec. 3, 2019

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

HCL TechnologiesHCL Technologies
Management Consultant
Oct. 24, 2019

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

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

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

City of TorontoCity of Toronto
Management Consultant
Jun. 20, 2020

“Not a good environment to work if you have any ambition and want to progress your career.”

AccentureAccenture
Management Consultant
Apr. 19, 2021

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

West MonroeWest Monroe
Management Consultant
Jun. 21, 2019

“There is great leadership here that take the time to teach recent hires how to succeed at their career.”

Gap InternationalGap International
Management Consultant
Aug. 22, 2019

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

AccentureAccenture
Management Consultant
Jan. 26, 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