Management Consultant
Management analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.
$95,290
Median Salary
$101,960
Mean Salary
877,000
Total Employment
11%
Job Growth
Much faster than average
Bachelor's degree
Education
122,780
Openings/Year
Salary Distribution
10th Percentile $57,174
25th Percentile $74,326
Median $95,290
75th Percentile $121,971
90th Percentile $160,087
Salary Map
Lower Mid Higher
Top Employing States
California 132,275
New York 72,238
Texas 69,325
Florida 63,208
Pennsylvania 40,040
Salary by State
| # | State | Median Salary |
|---|---|---|
| 1 | Hawaii | $165,855 |
| 2 | New York | $159,815 |
| 3 | Massachusetts | $156,506 |
| 4 | California | $144,068 |
| 5 | New Jersey | $140,234 |
| 6 | Maryland | $136,205 |
| 7 | Alaska | $131,989 |
| 8 | District of Columbia | $129,017 |
| 9 | Colorado | $119,401 |
| 10 | Maine | $117,496 |
| 11 | Vermont | $117,496 |
| 12 | Rhode Island | $115,007 |
| 13 | Delaware | $112,781 |
| 14 | Washington | $108,513 |
| 15 | Florida | $108,251 |
| 16 | Utah | $106,742 |
| 17 | Nevada | $106,532 |
| 18 | Illinois | $106,331 |
| 19 | Oregon | $104,294 |
| 20 | Georgia | $103,721 |
| 21 | Connecticut | $102,946 |
| 22 | Virginia | $102,757 |
| 23 | North Dakota | $101,632 |
| 24 | Michigan | $99,282 |
| 25 | Missouri | $98,016 |
| 26 | Montana | $97,245 |
| 27 | New Hampshire | $96,324 |
| 28 | Idaho | $96,197 |
| 29 | Kansas | $95,743 |
| 30 | Pennsylvania | $90,528 |
| 31 | Mississippi | $90,401 |
| 32 | South Carolina | $89,492 |
| 33 | Nebraska | $89,398 |
| 34 | Ohio | $88,928 |
| 35 | Tennessee | $88,696 |
| 36 | South Dakota | $88,348 |
| 37 | Wyoming | $88,300 |
| 38 | North Carolina | $87,574 |
| 39 | Texas | $87,399 |
| 40 | Minnesota | $86,517 |
| 41 | Arkansas | $86,016 |
| 42 | Indiana | $85,599 |
| 43 | Louisiana | $85,524 |
| 44 | West Virginia | $83,603 |
| 45 | Arizona | $83,099 |
| 46 | Wisconsin | $80,247 |
| 47 | Alabama | $78,603 |
| 48 | Iowa | $73,736 |
| 49 | Oklahoma | $73,467 |
| 50 | New Mexico | $73,195 |
| 51 | Kentucky | $71,937 |
Frequently Asked Questions
What is the average salary for a Management Consultant?
The median salary for a Management Consultant is $95,290 per year nationally. Salaries range from $57,174 (10th percentile) to $160,087 (90th percentile).
What education do you need to become a Management Consultant?
A Management Consultant typically requires a bachelor's degree.
What is the job outlook for Management Consultants?
Employment of management consultants is projected to grow 11% — much faster than average. About 122,780 openings are expected each year.
Which state pays Management Consultants the most?
Hawaii pays the highest median salary for management consultants at $165,855 per year.
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