Also known as Administrative Analyst, Business Analyst, Employment Programs Analyst, Management Analyst, Management Consultant, Organizational Development Consultant, Program Management Analyst, Quality Control Analyst
Also known as Administrative Analyst, Business Analyst, Employment Programs Analyst
Management Consultants conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively.
In addition, Management Consultants includes program analysts and management consultants.
Management Consultants are often responsible for overseeing or executing some or all of the following tasks:
The above responsibilities are specific to Management Consultants. More generally, Management Consultants are involved in several broader types of activities:
The median salary for a Management Consultant is $87,660, and the average salary is $97,580. Both the median and average roughly describe the middle of the Management Consultant salary range, but the average is more easily affected by extremely high or low salaries.
Many Management Consultants earn significantly more or less than the average, due to several factors. About 10% of Management Consultants earn less than $50,990 per year, 25% earn less than $66,080, 75% earn less than $116,710, and 90% earn less than $156,840.
Between the years of 2020 and 2030, the number of Management Consultants is expected to change by 13.7%, and there should be roughly 99,400 open positions for Management Consultants every year.
Career interests describe a person's preferences for different types of working environments and activities. When a person's interest match the demands of an occupation, people are usually more engaged and satisfied in that role.
Compared to most occupations, those who work as a Management Consultant are usually higher in their Investigative, Enterprising, and Conventional interests.
Management Consultants typically have very strong Investigative interests. Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.
Also, Management Consultants typically have very strong Enterprising interests. Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
Lastly, Management Consultants typically have moderate Conventional interests. Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
People differ in their values, or what is most important to them for building job satisfaction and fulfillment.
Compared to most people, those working as a Management Consultant tend to value Relationships, Achievement, and Independence.
Most importantly, Management Consultants very strongly value Relationships. Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment.
Second, Management Consultants strongly value Achievement. Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment.
Lastly, Management Consultants strongly value Independence. Occupations that satisfy this work value allow employees to work on their own and make decisions.
Each occupation brings its own set of psychological demands, which describe the characteristics necessary to perform the job well.
In order to perform their job successfully, people who work as Management Consultants must consistently demonstrate qualities such as analytical thinking, integrity, and initiative.
Below, you'll find a list of qualities typically required of Management Consultants, ranked by importance:
Many Management Consultants have earned a graduate degree. For example, they may require a master's degree, and some require a doctoral degree, such as a Ph.D., M.D., or J.D..
Management Consultants may need some on-the-job training, but most candidates will already have the required skills, knowledge, work-related experience, and/or training.
Management Consultants may benefit from understanding of specialized subject areas, such as administration and management, customer and personal service, or education and training knowledge.
The list below shows several areas in which most Management Consultants might want to build proficiency, ranked by importance.
Management Consultants must develop a particular set of abilities to perform their job well. Abilities are individual capacities that influence a person's information processing, sensory perception, motor coordination, and physical strength or endurance. Individuals may naturally have certain abilities without explicit training, but most abilities can be sharpened somewhat through practice.
For example, Management Consultants need abilities such as oral comprehension, written comprehension, and oral expression in order to perform their job at a high level. The list below shows several important abilities for Management Consultants, ranked by their relative importance.
Skills are developed capacities that enable people to function effectively in real-world settings. Unlike abilities, skills are typically easier to build through practice and experience. Skills influence effectiveness in areas such as learning, working with others, design, troubleshooting, and more.
Management Consultants frequently use skills like reading comprehension, active listening, and critical thinking to perform their job effectively. The list below shows several critical skills for Management Consultants, ranked by their relative importance.
The information provided on this page is adapted from data and descriptions published by the U.S. Department of Labor, Employment and Training Administration under the CC BY 4.0 license. TraitLab has modified some information for ease of use and reading, and the U.S. Department of Labor, Employment, and Training Administration has not approved, endorsed, or tested these modifications.
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