How many hours do management consultants work?

Typically, both single and married consultants average 56.6 hour work weeks, but about a quarter of single consultants routinely put in between 60 and 70 hours per week. About six percent of the responding consultants say they average between 70 and 80 hours a week.

How many hours do consultants at McKinsey work?

MBAs at McKinsey & Co., one of the most prestigious employers in the world, told TransparentCareer that they work an average of 72 hours per week. At Boston Consulting Group, it’s 63 hours every week, while at Bain & Co., the average is 58 hours per week.

How long do management consultants stay?

The typical length of time a consultant works at a top firm for is 2-4 years, and some statistics even show that 2.7 years is the average point at which a consultant leaves a top firm like McKinsey, BCG and Bain.

What is a typical day for a management consultant?

The daily work of a management consultant includes gathering data and insights (through research, surveys, interviews), running analyses, making PowerPoint presentations, and pitching solutions to the clients. The job involves a lot of travelling, and long hours are the norm.

Do management consultants make a lot of money?

The National average salary of a senior management consultant in the United States is $129,000. ZipRecruiter, a leading recruiter firm, says it sees salaries as high as $162,000 and as low as $90,000; however, most senior management consultant salaries are between $106,000 and $149,500.

Why do consultants work long hours?

One some occasions though, the academics discovered consultants were being compelled to work as much as 80 hours a week. In this case, the additional hours were project related and – somewhat typically – seemed to be driven by consultants’ interaction with banking clients.

Do management consultants travel a lot?

Traveling is a major part of a consultant’s job description. Most consultants, depending on the firm they work for and its portfolio, are always switching between countries/cities to cater to the needs of the company and their clients, thereby making their job tiring and not so much fun as is believed by other people.

Are management consultants happy?

Management consultants are about average in terms of happiness. At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers.

Is being a management consultant worth it?

A career in management consulting is likely to be a good fit for you if you’re driven, if you’re genuinely interested in business, and if you have a few specific raw skills (or are more than willing to develop them!).

Are consultants happy?

Consultants are about average in terms of happiness. At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, consultants rate their career happiness 3.2 out of 5 stars which puts them in the top 50% of careers.