đź“– The PathMatch Guide to

Management Consulting

We're still working on this Career Path.
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We're still working on this Career Path.
Check back soon!

A Day in the Life

Management Consulting refers to the industry in which a few companies bring together a group of analytical minds to develop strategies to solve a business’s problems.  This involves meeting with managers to better understand the business and any potential issues they could be facing. 

The start of a Management Consultant’s job is all about understanding a company and getting a better picture of the problems facing them. Some of their daily tasks include analyzing the data of a company, developing solutions to the problem, and conducting personal interviews in tandem with written reports.

Work Responsibilities

  • Work on teams to help businesses improve their performance and grow by solving problems and finding new and better ways of doing things
  • Help clients enhance business performance and ultimately create value for shareholders and owners

Growth Path

  1. Analyst
  2. Associate
  3. Project Lead
  4. Principal

Skills You'll Need

  • Structuring projects around problems 
  • Building business cases 
  • Engagement design and management 
  • Strong organizational and time management skills 
  • Extremely credible, curious, and reliable
  • Building strong client relationships and hone persuasion & communication skills
  • Develop strong excel modeling, data analysis, client management & storytelling skills

Industries You'll Work In

Big 4 / Consulting
Financial Services
Strategy

Teams You'll Work With

Management Consultants work with internal client service teams and external clients.

8
/10

Demand for Talent

  • Current Demand: HOT 
  • The market is projected to grow by 14% over the next ten years, which will lead to an increase in demand for management consultants 
  • Companies and organizations are also always looking at how to optimize their controls and costs, so demand for management consultants will not drop off anytime soon

Compensation

$78K-$98K
Analyst
$80K-$190K
Associate
$200K-$300K
Project Lead
$750K+
Principal
5
/10

Work/Life Balance Score

Work/life balance is when someone equally prioritizes their career and their personal life. This balance can vary greatly from one career to the next.

9
/10

Job Stability Score

Job stability is about more than your experience and career. As industries decline, so do the jobs in them.

10
/10

Prestige Score

Job stability is about more than your experience and career. As industries decline, so do the jobs in them.

The future of work is here.

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