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.

What responsibilities are common for Management Consultant jobs?
  • 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
What are the typical qualifications for Management Consultant jobs?
  • 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

₹22,00,000 /yr
Same as national average
Not including cash compensation
See More Insights
₹6L
Median: ₹22L
₹35L
See More Insights
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
₹22,00,000/yr
L3
L4
Management Consultant IV
No Salary Reports
L2

Average Years of Experience

0 - 1
7%
2 - 4
51%
5 - 7
30%
8+
12%
Not including years spent in education and/or training
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.
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.”

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.”

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.”

Qral GroupQral Group
Management Consultant
1 Jun 2022

“Very operational (read: grindy) work with no mentoring or concern for career development.”

AccentureAccenture
Management Consultant
26 Jan 2021

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

Korn FerryKorn Ferry
Managing Consultant
2 Sept 2020

“You will get the opportunity to introduced to some of the best practices in the Talent Consulting .”

MercerMercer
Workday Consultant
7 Sept 2021

“Salary hikes only when you have offer from other organisation else dont expect any hike.”

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Management Consultant Interviews

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
  • Product Consultant
  • Technical Project Manager
  • Program 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.

Related Careers

Consultant
₹11,00,000
38% skills overlap
Product Consultant
₹7,47,586
No skills overlap
Technical Project Manager
₹18,73,524
50% skills overlap
Program Manager
₹20,00,000
25% skills overlap

Management Consultant jobs