Management Consultant Salaries

How much does a Management Consultant make?

Updated Sep 28, 2023

Experience

Industry

$152,185 / yrTotal Pay
$115,572 / yrBase Pay
$36,614 / yrAdditional Pay

$152,185

 / yr
$91K$258K
Most Likely Range
Possible Range

The estimated total pay for a Management Consultant is $152,185 per year in the United States area, with an average salary of $115,572 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $36,614 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

How accurate does $152,185 look to you?

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Total Pay Trajectory

For Management Consultant

$152,185 /yr
Management Consultant
$181,494 /yr
Senior Management Consultant
$144,938 /yr
Management Consultant IV
See Full Career Path

Download as data table

What is the total pay trajectory for Management Consultant?

Job TitleSalary
Management Consultant$152,185 /yr
Senior Management Consultant$181,494 /yr
Management Consultant IV$144,938 /yr

Top Paying Companies

For a Management Consultant in United States

Below is the total pay for the top 10 highest paying companies for a Management Consultant in United States. Employers include Bain & Company, Boston Consulting Group and McKinsey & Company.

1
Bain & Company
Bain & Company
$257,179/yr
180 open jobs
5
Adobe
$190,897/yr
See pay for all companies for a Management Consultant in United StatesView data as table

Top Paying Companies

For Management Consultant in United States

1Bain & Company$257,179
2Boston Consulting Group$217,894
3McKinsey & Company$201,972
4Oliver Wyman$195,937
5Adobe$190,897
6Strategy&$190,596
7Alvarez & Marsal$189,684
8Kearney$184,337
9L.E.K. Consulting$180,871
10Blackstone Technology Group$180,032
Total Pay Trajectory

For Management Consultant

$152,185 /yr
Management Consultant
$181,494 /yr
Senior Management Consultant
$144,938 /yr
Management Consultant IV
See Full Career Path

Download as data table

What is the total pay trajectory for Management Consultant?

Job TitleSalary
Management Consultant$152,185 /yr
Senior Management Consultant$181,494 /yr
Management Consultant IV$144,938 /yr

What are total pay estimates for a Management Consultant at different companies?

or
Sort:
Company
Jobs
Total Pay Range
Accenture
4
Management ConsultantSee 1,312 salaries from all locations

$154,633

 / yr
PwC
3.9
Management ConsultantSee 131 salaries from all locations

$141,647

 / yr
Slalom
4.3
Management ConsultantSee 114 salaries from all locations

$142,157

 / yr
Deloitte
4
Management ConsultantSee 113 salaries from all locations

$137,161

 / yr
IBM
3.9
Management ConsultantSee 86 salaries from all locations

$161,688

 / yr
DB&A
3.9
Management ConsultantSee 85 salaries from all locations

$154,050

 / yr
Oliver Wyman
4.3
Management ConsultantSee 81 salaries from all locations

$195,937

 / yr

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Booz Allen Hamilton
4.2
Management ConsultantSee 78 salaries from all locations

$123,314

 / yr
Arcadis
4.1
Management ConsultantSee 59 salaries from all locations

$128,368

 / yr
Credera
4.3
Management ConsultantSee 53 salaries from all locations

$141,140

 / yr
Qral Group
3.4
Management ConsultantSee 51 salaries from all locations

$173,391

 / yr
Kenway Consulting
4.8
Management ConsultantSee 47 salaries from all locations

$135,221

 / yr
Boston Consulting Group
4.3
Management ConsultantSee 42 salaries from all locations

$217,894

 / yr
L.E.K. Consulting
4
Management ConsultantSee 38 salaries from all locations

$180,871

 / yr
Lab Consulting Partnership
3.8
Management ConsultantSee 35 salaries from all locations

$120,799

 / yr
McKinsey & Company
4.3
Management ConsultantSee 33 salaries from all locations

$201,972

 / yr
Gap International
3.9
Management ConsultantSee 30 salaries from all locations

$131,461

 / yr
KPMG
3.8
Management ConsultantSee 29 salaries from all locations

$145,769

 / yr
North Highland
4.1
Management ConsultantSee 26 salaries from all locations

$165,607

 / yr
Guidehouse
3.6
Management ConsultantSee 24 salaries from all locations

$129,110

 / yr
Download as data table

Management Consultant Salaries

Job TitleSalary
Accenture Management Consultant salaries - 1,312 salaries reported$154,633/yr
PwC Management Consultant salaries - 131 salaries reported$141,647/yr
Slalom Management Consultant salaries - 114 salaries reported$142,157/yr
Deloitte Management Consultant salaries - 113 salaries reported$137,161/yr
IBM Management Consultant salaries - 86 salaries reported$161,688/yr
DB&A Management Consultant salaries - 85 salaries reported$154,050/yr
Oliver Wyman Management Consultant salaries - 81 salaries reported$195,937/yr
Booz Allen Hamilton Management Consultant salaries - 78 salaries reported$123,314/yr
Arcadis Management Consultant salaries - 59 salaries reported$128,368/yr
Credera Management Consultant salaries - 53 salaries reported$141,140/yr
Qral Group Management Consultant salaries - 51 salaries reported$173,391/yr
Kenway Consulting Management Consultant salaries - 47 salaries reported$135,221/yr
Boston Consulting Group Management Consultant salaries - 42 salaries reported$217,894/yr
L.E.K. Consulting Management Consultant salaries - 38 salaries reported$180,871/yr
Lab Consulting Partnership Management Consultant salaries - 35 salaries reported$120,799/yr
McKinsey & Company Management Consultant salaries - 33 salaries reported$201,972/yr
Gap International Management Consultant salaries - 30 salaries reported$131,461/yr
KPMG Management Consultant salaries - 29 salaries reported$145,769/yr
North Highland Management Consultant salaries - 26 salaries reported$165,607/yr
Guidehouse Management Consultant salaries - 24 salaries reported$129,110/yr
Viewing 1 - 20 of 1,020

Top Paying Industries

For a Management Consultant in United States

The top 5 paying industries for a Management Consultant in United States are Energy, Mining & Utilities with a median total pay of $157,417, Insurance with a median total pay of $144,587, Information Technology with a median total pay of $144,307, Management & Consulting with a median total pay of $142,157, and Construction, Repair & Maintenance Services with a median total pay of $141,160.

IndustryTotal PayTotal Pay Insight
  • Energy, Mining & UtilitiesEnergy, Mining & Utilities$157,417

    10% Higher than other industries

  • InsuranceInsurance$144,587

    2% Higher than other industries

  • Information TechnologyInformation Technology$144,307

    2% Higher than other industries

  • Management & ConsultingManagement & Consulting$142,157

    1% Higher than other industries

  • Construction, Repair & Maintenance ServicesConstruction, Repair & Maintenance Services$141,160

    0% Lower than other industries

Energy, Mining & Utilities

The top paying company in Energy, Mining & Utilities for Management Consultant is SLB.

SLBSLB$157,417/yr

Glassdoor Economist Pay Overview

What is the pay outlook for Consulting?

Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a worker’s professional career. Requirements vary widely by industry, with workers being compensated more for higher education and specialization. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements.

What people are saying about Management Consultant salaries

Recent Salaries Shared

For management consultant

Salary Share
Anonymously share your pay to help the community

Job Title

Location

Total Pay

Base Pay | Additional Pay

Total Years of Experience

Years at Recent Employer

Submitted

Date or Time

Managing Consultant

United States of America

 | 10-14 years

$182,000

/yr

$175K | $7K

Submitted Yesterday

10-14 years
Yesterday
Managing Consultant

United States of America

 | 10-14 years

$153,000

/yr

Submitted Yesterday

10-14 years
Yesterday
Management Consultant

United States of America

 | 4-6 years

$115,000

/yr

Submitted Yesterday

4-6 years
Yesterday
Managing Consultant

United States of America

 | 1-3 years

$89,760

/yr

$82K | $8K

Submitted Yesterday

1-3 years
Yesterday
Managing Consultant

United States of America

 | 10-14 years

$180,000

/yr

Submitted Yesterday

10-14 years
Yesterday
Managing Consultant

United States of America

 | 10-14 years

$149,000

/yr

Submitted Yesterday

10-14 years
Yesterday
Managing Consultant

United States of America

 | 10-14 years

$112,000

/yr

Submitted Yesterday

10-14 years
Yesterday
Change Specialist

United States of America

 | 1-3 years

$20

/hr

Submitted Yesterday

1-3 years
Yesterday

Management Consultant pay FAQ

The average salary for a Management Consultant is $152,185 per year in United States. Salaries estimates are based on 4215 salaries submitted anonymously to Glassdoor by a Management Consultant employees in United States.

The highest salary for a Management Consultant in United States is $201,935 per year.

The lowest salary for a Management Consultant in United States is $116,106 per year.

If you are thinking of becoming a Management Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of a Management Consultant.

Management consultants are generally well-paid, with starting salaries nearing the six-figure range. This pay reflects the value they add to their client firms. Consultants with a Master of Business Administration degree (MBA) or a Juris Doctorate (JD) generally earn more money than consultants with a bachelor’s degree. Additionally, a career in management consulting positions candidates with the skillset and network to move into executive-level roles of their client firms including Chief Executive Officer (CEO) or Chief Operating Officer (COO).

Powered by Glassdoor Economic Research

Glassdoor's anonymous management consultant ratings report that around 76% of people are satisfied with their current salary. For those looking to make more money, overtime, cash bonuses, and profit sharing can add $36,611.12 in additional pay every year.

The pay range for a management consultant is large, from $91,072.60 to $258,245.86. Salary usually scales with experience, and most people in this field have two to four years of experience. Average salary is $115,569.77, while total pay averages $152,180.89. If you've built enough experience in the average career path of a management consultant, consider applying for the next position up, a senior management consultant.

Do you want to earn more as a management consultant? If you have worked a similar job in the past, you may earn a higher starting salary. Because management consultants work in a large number of fields, such as engineering or banking, many switch industries to earn more. Having a Bachelor's or graduate degree can also open up higher-paying positions, particularly if your degree is relevant to the field you work in. Although certification usually isn't required, having one can also boost your pay. Certified Management Consultant is a common certificate earned by management consultants.

If you want to earn more as a management consultant, consider asking for a raise or searching for a new job. When deciding which you prefer to do, consider how much you like your current job, along with its opportunities for promotion and benefits. When asking for a raise, come prepared to discuss any notable work you have done recently. Negotiating a higher starting salary can be easier, as the company has just reviewed your past work and decided to hire you.

Additional Resources

Management Consultant Job Description Template

Salaries

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