The consulting industry is a lucrative one, with many different types of consultants earning high salaries. From marketing consultants to IT consultants, business management consultants to library consultants, there are a variety of roles that can bring in a high salary. But which type of consultant earns the most? Marketing Consultants are often MBA graduates, and studies have shown that they can earn 140% more than their peers. An MBA can help you move from one consulting niche to another, and also comes with additional confidence, training, and other benefits.
Strategy Consultants analyze a company's long-term vision and trajectory, and work with high-level executives and managers to identify new markets and compare their value to existing target markets. IT Consultants help customers leverage information technology to optimize processes, improve performance, and achieve objectives. They can provide advice on computer programming, data and analysis, and help companies adapt to new technologies. Within IT consulting, there are a variety of subspecialties such as software developers, network architecture, computer systems analysis, and more.
Marketing Consultants are hired to improve brand strategy and acquisition. They help define or execute marketing messages to appeal to a particular demographic, developing a brand voice, customer relationship management (CRM) strategies, marketing events, and other strategic marketing tactics. Financial Consultants provide advice to individuals and companies to help them meet a variety of financial objectives. They specialize in areas such as investing, retirement planning, education costs, or managing corporate finances.
Human Resources Consultants advise management on hiring decisions, human resource planning and processes. They analyze current programs, suggest solutions, and create new policies. Tax Advisors are different from Financial Consultants in that they are experts in tax law and work with larger portfolios to help clients reduce their tax burden. They may recommend depositing money into funds or accounts to maximize financial returns and minimize tax liabilities. Business Management Consultants are hired by companies to maximize business growth, advise on strategic planning, improve performance, and for any other management need. Corporate Trusts are complicated to manage so companies hire Trust Consultants who usually have legal experience to help them manage their trusts and funds. The highest paying consulting job is Alexander Group which is a global consulting firm focused on creating sustainable revenue growth for sales teams.
According to ZipRecruiter job offers the Consultant Consultant job market in the United States is very active with many companies hiring. As a consultant you should consider commercial property insurance or a business owner's policy (BOP) that combines property insurance with general liability coverage. Your job duties as a corporate consultant are to meet with your client evaluate their objectives and strategies then do a detailed analysis of your findings. Independent Consultants are usually self-employed and work through contracts; they may visit clients in person or provide advice through online portals. Library Consultants perform tasks related to the creation of a new library project or help increase the efficiency or ease of use of an existing library. The intellectual appeal and financial rewards of the consulting industry make it an attractive option for both young people just leaving college as well as veterans who want to slow down their careers. However an entry-level career in consulting may not pay as much as completing an MBA. Overall the highest paying consulting job is Alexander Group which is a global consulting firm focused on creating sustainable revenue growth for sales teams.