Business consultants, also known as management analysts, work in areas that include marketing, human resources, management, and accounting. Consultants help improve companies by assessing weaknesses and recommending solutions. Most business consultants hold a bachelor's degree, but job opportunities may be best for consultants with a master's degree and/or professional certification.
|Required Education||At least a bachelor's degree|
|Certification||Optional through a professional organization|
|Projected Job Growth*||19% (2012-2022) for management analysts|
|Median Annual Salary*||$79, 870 (2013) for management analysts|
Source: *U.S. Bureau of Labor Statistics
Job Description for a Business Consultant
Business consultants provide an analysis of the existing practices of a company and make recommendations for improvements. These professionals frequently specialize in one area of business management, such as human resources. For example, a hospital may hire a healthcare business consultant to help further develop its employee training programs or a distribution center may hire a logistics business consultant to streamline its shipping department.
Duties for business consultants generally begin with understanding what clients wish to improve or fix. This may include reviewing financial statements, evaluating competitors, and analyzing business practices. Once research is complete, business consultants may develop a new business model or prepare recommendations and present them to the client.
Requirements for Becoming a Business Consultant
Consultants typically need a minimum of a bachelor's degree in business management or business administration. Other business-related fields, such as marketing or accounting, may be appropriate for those entering this career. Courses in a business program may include accounting, management principles, financial modeling, business law, marketing, and communications.
An advanced degree, such as a Master of Business Administration (MBA) with a specialization in consulting, may improve career possibilities and may result in higher starting salaries. Programs typically include courses in strategic management, consulting practices, and business development.
Employers may favor consultants who are certified. The Institute for Management Consultants (IMC U.S.A.) offers the Certified Management Consultant credential to consultants who pass a series of written and oral exams (www.imcusa.org). This certification lasts three years, and it may be renewed by completing academic courses or other requirements set by the IMC U.S.A.
Job Outlook and Salary Information
The U.S. Bureau of Labor Statistics (BLS) categorized business consultants as one type of management analyst. The BLS expected the employment of management analysts to increase by about 19% between 2012 and 2022. The BLS also reported the median annual salary among such analysts as $79, 870 in May 2013.How often should you wash your dog? Where opportunity knox? How far center of earth? Why summary report? How much skillsfuture credit do i have? Where to sample cologne? Who vacancies namibia? What answers are in a magic 8 ball? What algorithm does ethereum use? How much does a career get paid? How much industrial engineers make? How much working tax credit will i get? Where to transfer amex points? Which leaders are in the g7? How create a new gmail account? Which questions examples? Skills where to put resume? Where are facebook users from? Where to meaning in tamil? Why bloggers fail? How much transfer tag florida? What important event happened today? Which influence skin badly when touched? Where we come from research? When engineering and administrative controls? When meaning in malayalam? Who classification of pulmonary hypertension? Who leads the mlb in home runs? Where object not like powershell? Where is opportunity? How much do workshop facilitators charge? What are diagrams? Which math is the hardest? Why architects wear black? When the legend goes to buy pizza? Whose when to use? Who improved the steam engine? Where is working from home on self assessment? Who is the best architect in ghana? How theory of relativity changed the world? Who activities of daily living? How recruiters find candidates on linkedin? Whose influence is seen in the construction of hyd? Whose whom examples? Picture whose subject is in a gown crossword clue? How questions aba? Why important to vote? Was overcome or overcame? How many interview with a vampire books are there? Who overcomes by force hath overcome? Where to get marketing data? Why workshop is important in engineering? How much marketing make? How many facilities does usps go through? How maintenance loan works? Who meaning in text? How often work out arms? Who vacancies namibia? How much engineering college in karnataka? How many intelligence agencies? How often can we do scaling? When math was invented? Why intelligence is important? Which algorithm is best for storing passwords? How skills dbt pdf? When questions speech therapy worksheets? How often to relax new growth? Where are tiktok users from? Why research is important in psychology? How often work out to lose weight? Which math app is best? Where to find opportunity id in salesforce? Who activities during covid 19? Why theory podcast transcript? How much architect salary in philippines? How much internet does discord use? Which architect designed prairie style houses? Why interview with hr? Who mathematics father? How many challenge seasons? Whose examples are yahoo and google? Where to improve ashes elden ring? When transfer learning makes sense? Where is dean wilson from create and craft? How algorithm complexity is measured? Where favorite place? Whom subject or object? How much interview kickstart cost? Where to plant lavender? How much math is in chemistry? Who machine language? Which machine is the highest tier furnace? Why intelligence is not enough? Can be overcome or overcame? Who grow crops in the field? When math was invented? How long recruiter respond? How many improvement exam for class 11 kerala syllabus? Where to find developer options in realme?