As a management consultant, you analyze the structure, strategy and processes of companies. Your goal is to help your clients increase their efficiency and profitability. This usually involves: 1. carrying out market analyses 2. developing suggestions for improvement 3. supporting the implementation of solutions 4. training and coaching employees.
The average salary for management consulting jobs in Munich is €66,500 gross per year. However, salaries can vary and range between €54,100 and €121,731 gross per year, depending on work experience, company size, and industry.
As a rule, you need a university degree in business administration, economics or a related subject. Many management consultants also have a Master's degree or an MBA. Practical experience through internships or trainee programs is an advantage.
Management consulting offers many career opportunities. You can specialize in different sectors or advance to higher management positions. You also have the opportunity to become self-employed or pursue a specialization in a specific consulting field.