If you want to make a change and positively affect a range of organisations, management consulting is the way to go. You may have experience of management consultants affecting your business, or perhaps you have shown initiative and instigated positive change in your current workplace, whatever your reasons for considering management consultancy, your decision is a good one. According to Payscale, Management Consultants can expect an average yearly salary of around 47,000 and opportunities for progression are high. Below, we’ll be outlining the characteristics of good management and discussing how an online BA Management and Leadership course can prepare students for this career.
Are you analytical?
Management consultants are basically doctors of a business. As such, they need the diagnostic skills to be able to look into a variety of factors and assess a company’s performance in each, as well as providing methods and strategies to improve that performance. Consultants can work across a number of areas and consultancy firms can often specialise in a variety of business fields e.g. customer relations, HR, project management, IT, strategy and marketing. As such, being able to analyse and find solutions to both regularly occurring and company-specific problems is an invaluable asset for a management consultant.
Do you have a particular skill or experience in a business area?
In a Guardian Q&A about movement consultancy, Richard Stewart, MD of recruitment firm Mindbench, explained that consultants aren’t necessarily expected to be business gurus . The idea is more to bring your specialist skills and commercial awareness to particular areas of the business which need improvement. Building on your existing skills and experience and making them more marketable is the best reason to continue your education. You may have the knowledge to consult in a particular area, but a university education demonstrates to employers your academic expertise and commercial awareness.
Do you have transferable skills (or want to attain them)?
As a consultant, you’re likely to move from client to client, each with different challenges, which may require a variety of different skills. These may be skills you have acquired over your career or skills you wish to cultivate; just because a consultant is supposed to know the answer doesn’t mean they stop learning. According to, Sudhir Chaturvedi, VP of Manufacturing Consulting at Infosys, successful consultants will have deep industry knowledge, transferable skills and real-world experience. Most importantly, you will need to become used to taking an advisory role.
Online learning activities for the Management and Leadership BA degree are largely case study based, meaning you will often take an advisory approach to completing your tasks and applying your knowledge. The business and management topics are covered at a non-specific level, meaning that the knowledge is largely transferable across many industries.
Management consultancy is a great opportunity for both younger and experienced managers and is an ideal way of improving your career. Our Management and Leadership course puts transferable, practical business and management skills first and prepares you for a range of careers. If you’re interested, you can view the course here or fill out our online enquiry form to receive more details.