A management consultant is a professional who provides expert advice and guidance to organisations in various industries to help improve their performance as well as efficiency. Their primary responsibility is to analyse a company's current business practices and provide recommendations on how to optimise processes, reduce costs, increase revenue as well as improve overall performance.
Typically, a management consultant works with senior executives and management teams to identify areas of improvement as well as implement strategies to address those issues. Furthermore, they also conduct research, analyse data, develop financial models and create presentations to communicate their findings along with recommendations to stakeholders.
For Bachelor’s
For Masters
The job roles and specific duties of a management consultant are listed as given below:
Management Consultants are employed by a wide range of organisations including both small as well as large corporations. Top recruiters of management consultant are listed as given below:
Employment Sector
The pay for a consultant management can vary according to a variety of factors including the size of the company, the location, the industry and the number of years of experience.
Level of Salary |
Salary Package per Year |
Starting Salary |
Approx Rs 4,00,000 |
Mid Level Salary |
Approx Rs 12,00,000 |
Senior Level Salary |
Approx Rs 20, 00,000 |
The career scope of a management consultant is quite broad and can lead to various opportunities. These consultants can work in large consulting firms such as McKinsey & Company, Boston Consulting Group and Bain & Company. Large corporations often have internal consulting teams that work on projects across the company. Management consultants can join these teams and work on projects that focus on improving business processes, increasing efficiency and driving growth. The management consultants can work with startups to help them develop their business strategy, scale their operations and navigate challenges that arise during the growth phase.
Copyright © 2023 Guide Me Career. All Rights Reserved