WageDepth

Management Analyst Salaries: The Consulting Career Path

March 12, 2026

Management analysts — what most people call consultants — help organizations improve performance, reduce costs, and implement new strategies. The occupation encompasses everyone from Big 4 partners to independent freelance advisors, making the wage distribution unusually wide.

National Wage Range

The BLS OEWS national median for management analysts puts the occupation solidly above the overall workforce median. But the distribution is wide: the 10th percentile includes entry-level government analysts and junior consultants, while the 90th percentile captures senior partners and highly specialized independent consultants.

Industry Matters More Than Usual

Management analysts in finance and insurance, tech, and management consulting firms earn substantially more than those in government, healthcare, or education. Since BLS OEWS publishes "all industries" as the default, the national median blends these very different markets.

Top Markets

Washington D.C., New York, and Massachusetts consistently show the highest management analyst wages — driven by concentrations of federal consulting work (D.C.), financial services consulting (New York), and technology consulting (Boston).

Related Roles

Compare to wages for operations research analysts, who apply quantitative methods to similar problems, and market research analysts. Browse all Business and Financial Operations wages.