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Management consultant

Management consultants help organisations solve problems and improve efficiency.

Salary, a pound sign Salary: £25,000 to £90,000 average per year
Hours, a clock face Hours: 40 to 50 per week

1. Entry requirements

You'll usually need a degree in a subject like business studies or business management.

Experience in business, finance, human resources, IT, project management or the armed forces could also help you get a job.

You could join a graduate training scheme with a management consultancy firm. You'll usually need at least a 2:1 degree.

A postgraduate qualification, like a master's in business administration (MBA), could also help you get a job.

2. Skills required

You'll need:

  • excellent numeracy and IT skills
  • presentation skills

3. What you'll do

Your day-to-day duties could include:

  • meeting clients to discuss what they need
  • carrying out research to gain an understanding of the client's business
  • interviewing managers, staff and customers
  • collecting and analysing data, and preparing reports
  • identifying and investigating issues, and planning how to tackle them
  • highlighting areas for improvement
  • creating computer models to test possible business solutions
  • presenting recommendations to the client
  • agreeing a course of action with the client
  • providing ongoing support to the client

4. Salary

Starter: £25,000 to £35,000

Experienced: £40,000 to £60,000

Highly Experienced: £70,000 to £90,000

Profit sharing, allowances and bonus schemes can increase your salary.

These figures are a guide.

5. Working hours, patterns and environment

You'll often work long hours to meet project deadlines. A working week of 50 hours or more is common.

Projects may run from one day to several months.

You'll work in an office, spending a lot of your time at clients' sites. You may have to travel frequently, sometimes abroad.

The work can be pressurised.

6. Career path and progression

With experience, you could become a partner in a management consultancy, work freelance or set up your own consultancy firm.

You could become a member of the Institute of Consulting and apply for certified management consultant status.

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Last updated: 11 April 2017