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

Average Years of Experience

0 - 1
7%
2 - 4
51%
5 - 7
30%
8+
12%

Common Skill Sets

Consulting Experience
Excellent Communication
Cloud
Powerpoint
Client Interaction
Leadership
Written Communication
Microsoft Office Suite

Management Consultant Seniority Levels

L2
Management Consultant
$55,092/yr
Consultant
20% made the transition
Digital Marketing
24% made the transition
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Management Consultant Salaries

Average Base Pay

£55,092 /yr
Same as national average
Not including cash compensation
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£34K
Median: £55K
£88K
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Glassdoor Estimated Salary

Management Consultant jobs