Working as a Management Consultant
Industry Overview
Industry experts predict an increased demand for Management Consultants. Recent trends show that large companies and governments prefer to hire management consultants to provide analytical and advisory services, replacing other middle management staff. Professional work experience is critical.
Almost three-quarters of management consultants work in the Lower Mainland.
Job Outlook in BC
Chart from WorkBC
WorkBC provides job openings projections within BC regions from 2019-2029:
Region | 2019 Estimated Employment | Average Annual Employment Growth | Expected Number of Job Openings 2019 to 2029 |
Vancouver Island | 1,650 | 1.4% | 840 |
Lower Mainland / Southwest | 7,970 | 1.2% | 2,960 |
Thompson-Okanagan | 610 | 2.0% | 330 |
Kootenay | 140 | 0.7% | 50 |
Cariboo | 130 | 1.8% | 60 |
North Coast & Nechako | 20 | 0.8% | 10 |
Northeast | 30 | 2.1% | 10 |
You can learn more about the management consulting industry in BC from:
Types of Employers
Management consultants are employed by management consulting firms, large companies, and government agencies. Many are self-employed. Generally, management consultants work for a variety of clients.
Salary
The median annual salary for Management Consultants in BC is $75,207. Those with advance experience and education such as an MBA (Master of Business Administration) can earn more.
In BC regions, you can expect to earn:
Chart from: Job Bank Canada
Working Hours
Management consultants usually work long hours, around 50 to 60 hours a week. Weekend work is common. The extra long hours are expected, and in fact often necessary, to complete projects on time and should be included in the consulting contract agreement.
Source: Career Cruising database - Profile for Management Consultant.