Median pay: $111,000
Top pay: $200,000
10-year job growth: 24%
Total jobs: 120,000
The job:
What every business needs, particularly in the wake of the recession, is someone who can come up with ways to improve work flow and profits. That's where management consultants come in. But those interested in trying out this field need to be disciplined enough to work independently and under the pressure of strict deadlines. A willingness to travel is also important since many consultants work on site. Long hours and a little jet lag just go with the territory.
How to switch:
It's strongly advised to get a few years of experience under your belt before giving management consulting a try, but there is no specific licensing required. Those with some experience in the field can get certified, which may give job seekers a competitive edge. The Institute of Management Consultants USA offers both professional development courses and a management consultant certification (go to imcusa.org for more information).
Quality of life ratings:
Personal satisfaction |
Benefit to society |
Low stress |
Flexibility |
B |
C |
C |
B |
By Jessica Dickler, Anne C. Lee and Greg Swiatek
Subscribe to Money Magazine