The following article discusses the career of Management Consultant highlighting what they do, the work environment, how to become, training and certification, education, job and salary outlook.
What We Do
As a management consultant, you will be responsible for training people in processes essential to business development. This can include such things as researching possible design options and providing systems analysis and modeling. You will also be responsible for identifying, developing, recommending and eventually implementing improvements within the business you work for.
Work Environment
Management consultants generally work in an office. They can either be employed within a company, or offer their services on a freelance basis.
How to Become
To become a management consultant, it is important to have both education and experience, as these are what potential employers will look for.
Training & Certification Requirements
A bachelor’s degree is the absolute minimum, although a master’s is now often required. This should be in a field like business administration. Furthermore, project management professional certification is also recommended, including several years of work experience in the field of management.
Education Requirements
Bachelor’s
Job Outlook
According to the U.S. Bureau of Labor Statistics, the outlook for all management analysts is very positive, with a projected 14% growth in demand, which is much faster than average, expected between 2014 and 2024.
National Salary
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Salary by State
Alaska – $57,000 | Rank: 49th |
The average salary ranks 49th among states in the country. There were no current job openings from employers in this state. | |
Alabama – $84,821 (●Meets national average) | Rank: 13th |
The average salary ranks 13th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Arkansas – $83,046 (▼6% Below national average) | Rank: 12th |
The average salary ranks 12th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Arizona – $84,286 (●Meets national average) | Rank: 45th |
The average salary ranks 45th among states in the country. There were also job openings from employers like Liberty Mutual, International Services, Inc, International Services, Inc., and Arcadis U.S., Inc.
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California – $93,426 (▲6% Above national average) | Rank: 7th |
The average salary ranks 7th among states in the country. There were also job openings from employers like Capital Group, RapiSource LLC, McKinsey & Company, and LAFH.
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Colorado – $87,647 (●Meets national average) | Rank: 36th |
The average salary ranks 36th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., Global Resources, and Utilities International, Inc..
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Connecticut – $85,187 (●Meets national average) | Rank: 4th |
The average salary ranks 4th among states in the country. There were also job openings from employers like Liberty Mutual, International Services, Inc, International Services, Inc., and McKinsey & Company.
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DC – $88,860 (●Meets national average) | Rank: 1st |
The average salary ranks 1st among states in the country. There were also job openings from employers like Accenture, Candidate Source Organization, McKinsey & Company, and M Powered Strategies.
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Delaware – $68,000 | Rank: 37th |
The average salary ranks 37th among states in the country. There were no current job openings from employers in this state. | |
Florida – $84,040 (●Meets national average) | Rank: 28th |
The average salary ranks 28th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., ISI, and McKinsey & Company.
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Georgia – $92,768 (●Meets national average) | Rank: 5th |
The average salary ranks 5th among states in the country. There were also job openings from employers like Randstad, International Services, Inc, International Services, Inc., and Candidate Source Organization.
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Hawaii – $48,000 | Rank: 52nd |
The average salary ranks 52nd among states in the country. There were no current job openings from employers in this state. | |
Iowa – $96,325 (▲9% Above national average) | Rank: 17th |
The average salary ranks 17th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., Aerotek, and Pathfinder Search Group.
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Idaho – $85,540 (●Meets national average) | Rank: 51st |
The average salary ranks 51st among states in the country. There were also job openings from employers like International Services, Inc. and International Services, Inc.
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Illinois – $97,308 (▲10% Above national average) | Rank: 6th |
The average salary ranks 6th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., IBM, and New Paradigm Staffing.
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Indiana – $80,810 (▼8% Below national average) | Rank: 24th |
The average salary ranks 24th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Kansas – $82,270 (▼7% Below national average) | Rank: 30th |
The average salary ranks 30th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Kentucky – $80,755 (▼8% Below national average) | Rank: 41st |
The average salary ranks 41st among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Louisiana – $86,388 (●Meets national average) | Rank: 33rd |
The average salary ranks 33rd among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., State of Louisiana, and Brooke Companies.
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Massachusetts – $92,933 (●Meets national average) | Rank: 2nd |
The average salary ranks 2nd among states in the country. There were also job openings from employers like Huxley Associates, International Services, Inc, International Services, Inc., and McKinsey & Company.
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Maryland – $85,740 (●Meets national average) | Rank: 10th |
The average salary ranks 10th among states in the country. There were also job openings from employers like nsa, National Security Agency, International Services, Inc, and International Services, Inc..
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Maine – $68,000 | Rank: 38th |
The average salary ranks 38th among states in the country. There were no current job openings from employers in this state. | |
Michigan – $87,681 (●Meets national average) | Rank: 14th |
The average salary ranks 14th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., PanAsia Resources Pte Ltd., and McKinsey & Company.
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Minnesota – $83,723 (●Meets national average) | Rank: 39th |
The average salary ranks 39th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., McKinsey & Company, and Culver Careers.
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Missouri – $82,788 (▼6% Below national average) | Rank: 18th |
The average salary ranks 18th among states in the country. There were also job openings from employers like Monarch Recruiters, LLC, International Services, Inc, International Services, Inc., and Lorventech solutions.
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Mississippi – $83,111 (▼6% Below national average) | Rank: 9th |
The average salary ranks 9th among states in the country. There were also job openings from employers like International Services, Inc. and International Services, Inc.
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Montana – $64,000 | Rank: 43rd |
The average salary ranks 43rd among states in the country. There were no current job openings from employers in this state. | |
North Carolina – $87,335 (●Meets national average) | Rank: 25th |
The average salary ranks 25th among states in the country. There were also job openings from employers like EmTacq, McKinsey & Company, Strategic Staffing Solutions, and Sherpa LLC.
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North Dakota – $69,000 | Rank: 34th |
The average salary ranks 34th among states in the country. There were no current job openings from employers in this state. | |
Nebraska – $83,235 (▼6% Below national average) | Rank: 50th |
The average salary ranks 50th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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New Hampshire – $76,000 | Rank: 19th |
The average salary ranks 19th among states in the country. There were no current job openings from employers in this state. | |
New Jersey – $92,482 (●Meets national average) | Rank: 8th |
The average salary ranks 8th among states in the country. There were also job openings from employers like Interim HR Consulting, IBM, International Services, Inc, and International Services, Inc..
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New Mexico – $83,084 (▼6% Below national average) | Rank: 42nd |
The average salary ranks 42nd among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Nevada – $84,951 (●Meets national average) | Rank: 47th |
The average salary ranks 47th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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New York – $91,692 (●Meets national average) | Rank: 3rd |
The average salary ranks 3rd among states in the country. There were also job openings from employers like KPMG, Synergistic-IT, McKinsey & Company, and IBM.
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Ohio – $86,880 (▼12% Below national average) | Rank: 26th |
The average salary ranks 26th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., Clinical Management Consultants, and CMC Limited.
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Oklahoma – $84,429 (●Meets national average) | Rank: 31st |
The average salary ranks 31st among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., and Manpower.
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Oregon – $85,498 (●Meets national average) | Rank: 21st |
The average salary ranks 21st among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., Horizon Consulting Inc, and Zynosoft.
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Pennsylvania – $85,304 (●Meets national average) | Rank: 22nd |
The average salary ranks 22nd among states in the country. There were also job openings from employers like ZipRecruiter, International Services, Inc, International Services, Inc., and Gap International.
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Rhode Island – $397 (▼9% Below national average) | Rank: 32nd |
The average salary ranks 32nd among states in the country. There were also job openings from employers like Procurement People.
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South Carolina – $84,109 (●Meets national average) | Rank: 20th |
The average salary ranks 20th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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South Dakota – $84,457 (●Meets national average) | Rank: 48th |
The average salary ranks 48th among states in the country. There were also job openings from employers like International Services, Inc.
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Tennessee – $83,386 (●Meets national average) | Rank: 29th |
The average salary ranks 29th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Texas – $87,325 (●Meets national average) | Rank: 23rd |
The average salary ranks 23rd among states in the country. There were also job openings from employers like PwC, Accenture, Intel, and McKinsey & Company.
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Utah – $85,921 (●Meets national average) | Rank: 46th |
The average salary ranks 46th among states in the country. There were also job openings from employers like International Services, Inc and International Services, Inc..
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Virginia – $91,106 (●Meets national average) | Rank: 15th |
The average salary ranks 15th among states in the country. There were also job openings from employers like Booz Allen Hamilton, Universal Reliance, International Services, Inc, and International Services, Inc..
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Vermont – $68,000 | Rank: 40th |
The average salary ranks 40th among states in the country. There were no current job openings from employers in this state. | |
Washington – $93,088 (▲6% Above national average) | Rank: 11th |
The average salary ranks 11th among states in the country. There were also job openings from employers like International Services, Inc, International Services, Inc., McKinsey & Company, and AHU Technologies.
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Wisconsin – $85,924 (●Meets national average) | Rank: 35th |
The average salary ranks 35th among states in the country. There were also job openings from employers like BRAINHUNTER SYSTEMS LTD., International Services, Inc, and International Services, Inc..
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West Virginia – $73,000 | Rank: 27th |
The average salary ranks 27th among states in the country. There were no current job openings from employers in this state. | |
Wyoming – $64,000 | Rank: 44th |
The average salary ranks 44th among states in the country. There were no current job openings from employers in this state. |
Top 20 National Employers
According to Indeed.com, the following states had employers looking to hire a Management Consultant. The quoted salary figure represents the average salary from all job postings by this employer.
Employer Name | Location | Average Salary |
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Huxley Associates | Massachusetts | $99,497 |
EmTacq | North Carolina | $99,000 |
PwC | Texas | $96,893 |
Accenture | Texas | $95,739 |
KPMG | New York | $95,554 |
Randstad | Georgia | $9,220 |
nsa | Maryland | $89,823 |
Booz Allen Hamilton | Virginia | $89,646 |
Monarch Recruiters, LLC | Missouri | $8,945 |
Universal Reliance | Virginia | $88,775 |
National Security Agency | Maryland | $88,604 |
Interim HR Consulting | New Jersey | $8,662 |
IBM | New Jersey | $85,707 |
ZipRecruiter | Pennsylvania | $8,500 |
BRAINHUNTER SYSTEMS LTD. | Wisconsin | $8,500 |
International Services, Inc. | Mississippi | $84,749 |
Liberty Mutual | Arizona | $84,721 |
Liberty Mutual | Connecticut | $84,721 |
International Services, Inc | New Jersey | $84,500 |
Accenture | DC | $84,498 |
References
- Management consulting – Wikipedia
- Management Analysts – Bureau of Labor Statistics
- Institute of Management Consultants USA
- List of management consulting firms – Wikipedia
- Management Consultants – The College Board
*Indicates number of job postings as of June, 2017.