How to Become a Management Consultant
Advise organizations on improving efficiency, profitability, and strategic positioning through data-driven recommendations. It typically requires a bachelor's degree (mba, master of business administration, preferred), with a median salary of $101,860 per year and much faster than average projected job growth.
Median pay
$101,860/yr
Typical range
$60,640 to $171,640
Job growth
7%
Openings / yr
98,100
Majors that lead here
Key skills
- Strategic Analysis
- Data Analysis
- Presentation Skills
- Problem Solving
- Client Management
Helpful certifications
- CMC (Certified Management Consultant)
- PMP
- Six Sigma
Is this career a fit?
Remote-friendly
65/100
Work-life balance
38/100
Stress level
62/100
Satisfaction
74/100
Related careers
- Financial Manager$166,570 median
- Actuary$130,000 median
- Personal Financial Advisor$105,070 median
- Financial Analyst$102,740 median
- Financial Examiner$94,160 median
- Budget Analyst$91,640 median
Frequently asked questions
How much does a Management Consultant make?
The median pay for a Management Consultant is $101,860 a year (U.S. Bureau of Labor Statistics). The typical range runs from $60,640 to $171,640, depending on experience, location, and employer.
What degree do you need to become a Management Consultant?
The usual entry point is a bachelor's degree (mba, master of business administration, preferred). Common majors are Business Administration, Economics, Finance, Management, and Engineering.
Is Management Consultant a growing field?
The BLS projects much faster than average demand for this role, about 7% over the decade, with roughly 98,100 U.S. openings a year.
What skills does a Management Consultant use most?
Common skills for this role are Strategic Analysis, Data Analysis, Presentation Skills, Problem Solving, and Client Management.
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Take the major quizSalary and job-growth figures: U.S. Bureau of Labor Statistics and O*NET OnLine (median annual wages May 2025; employment projections 2024-2034). National figures; actual pay varies by location, employer, and experience.