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.
Salary as a management consultant in Germany The salary as a management consultant in Germany varies depending on the career level, work experience, and degree. On average, the salary is around 76,000 euros gross per year. Here is an overview of the salaries: - Starting salary: 5,281 € - Average salary: 6,124 € - Salary with experience: 7,102 € The highest salaries are achieved in the federal states of Hesse and Baden-Württemberg, especially with large consulting firms. With a legal or scientific background and good performance, management consultants can earn over 100,000 euros per year. Variable salary components are also added, which vary depending on performance. For recent graduates, the starting salary can be between 43,000 and 76,000 euros per year, depending on the degree. A master's degree or doctorate improves career prospects and salary accordingly.
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.