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Salary

How much does a Business Consultant make?

The average salary for a Business Consultant is $130,115 per year in the US.

Business consultants help companies solve problems and improve their performance. They work in many different industries and may focus on areas such as finance, marketing, or operations. Their work can be very rewarding both professionally and financially.


Based on recent salary data, business consultants earn an average of $130,115 per year. This average covers a wide range of incomes. Here are some figures:

  • The bottom 10% of earners make less than $41,441.
  • The top 10% of earners make more than $315,000.

Many factors can affect a consultant's salary, including experience, location, and the size of the company they work for. Working with top-tier companies or in a major city often leads to higher earnings.

View Business Consultant jobs nearby

What are the highest paying cities for a Business Consultant?

Business consultants in Montgomery, AL, enjoy some of the highest salaries, making it a great place to work in this field. Knoxville, TN, and Buffalo, NY, also offer strong compensation packages for professionals. Memphis, TN, and Louisville, KY, follow closely behind, providing attractive opportunities for those in the consulting industry.
Graph displaying highest paying cities salaries for Business Consultant jobs, highlighting Montgomery, AL with the highest at $250,816 and Baltimore, MD with the lowest at $179,457.
  1. Montgomery, AL
    Average Salary: $250,816
    Montgomery offers a vibrant business environment with a mix of industries. Companies like AT&T and Blue Cross Blue Shield provide great opportunities for professionals in business consulting. The city’s supportive community makes it an ideal place to develop and grow your career.
    Find Business Consultant jobs in Montgomery, AL


  2. Knoxville, TN
    Average Salary: $222,505
    Knoxville is a growing hub for business consultants, with companies like Eastman Chemical and Pilot Flying J on the rise. The city’s diverse economy offers a range of opportunities for those in the field. Working here means being part of a dynamic and innovative business scene.
    Find Business Consultant jobs in Knoxville, TN


  3. Buffalo, NY
    Average Salary: $212,532
    Buffalo is home to major companies like M&T Bank and KeyBank, offering extensive experience for consultants. The city’s strong financial sector and growing tech industry make it an attractive place to work. Consultants here benefit from a mix of traditional and modern business environments.
    Find Business Consultant jobs in Buffalo, NY


  4. Memphis, TN
    Average Salary: $195,574
    Memphis provides a unique blend of industries, from healthcare with Methodist Le Bonheur Healthcare to retail with AutoZone. Consultants in Memphis can leverage these diverse sectors to gain valuable experience. The city’s lively culture also enhances the professional experience.
    Find Business Consultant jobs in Memphis, TN


  5. Louisville, KY
    Average Salary: $194,698
    Louisville boasts a thriving economy with companies like Humana and Yum! Brands. Business consultants here can work in a variety of sectors, from healthcare to fast food. The city’s welcoming atmosphere supports professional growth and development.
    Find Business Consultant jobs in Louisville, KY


  6. Milwaukee, WI
    Average Salary: $188,033
    Milwaukee offers a rich business landscape with companies like Johnson Controls and Harley-Davidson. Consultants here can engage with a mix of manufacturing and tech firms. The city’s strong focus on innovation creates a stimulating work environment.
    Find Business Consultant jobs in Milwaukee, WI


  7. Detroit, MI
    Average Salary: $182,677
    Detroit is a city of resurgence, with automakers like Ford and General Motors driving the economy. Consultants have the chance to work with some of the world’s leading companies. The city’s commitment to growth offers many opportunities for career advancement.
    Find Business Consultant jobs in Detroit, MI


  8. Colorado Springs, CO
    Average Salary: $181,796
    Colorado Springs offers a dynamic market with companies like United States Air Force Academy and Broadmoor. Consultants here enjoy a mix of government and private sector work. The city’s beautiful setting and strong economy make it an appealing place to work.
    Find Business Consultant jobs in Colorado Springs, CO


  9. Charleston, SC
    Average Salary: $180,673
    Charleston provides a charming backdrop for business consulting, with prominent firms like Boeing and Blackbaud. The city’s historic charm combined with modern businesses creates a unique work environment. Consultants here can enjoy a balanced professional and personal life.
    Find Business Consultant jobs in Charleston, SC


  10. Baltimore, MD
    Average Salary: $179,457
    Baltimore is a bustling city with a mix of industries, from healthcare with Johns Hopkins Medicine to finance with T. Rowe Price. Consultants here can engage with a variety of sectors. The city’s vibrant culture and strong economy offer many opportunities for growth.
    Find Business Consultant jobs in Baltimore, MD

What are the best companies a Business Consultant can work for?

Top companies offer high salaries for Business Consultant roles. Global Resources, LLC leads with an impressive average salary of $235,833. Next is System One at $196,810. Mastercard follows closely, with an average salary of $192,854. These companies provide excellent opportunities for those in the field. Other notable employers include Venture Homes, LPL Financial, and Mastercard. Venture Homes pays $175,000 on average, while LPL Financial and Mastercard offer $169,879 and $166,476, respectively. These firms continue to attract skilled consultants with their competitive compensation packages.
Graph displaying best paying company salaries for Business Consultant jobs, highlighting Global Resources, LLC with the highest at $235,833 and Wells Fargo with the lowest at $143,560.
  1. Global Resources, LLC
    Average Salary: $235,833
    Global Resources, LLC offers Business Consultant roles in various sectors. They focus on providing top-notch consulting services to help businesses grow and succeed. Their locations span across the United States, offering diverse opportunities for Business Consultants.


  2. System One
    Average Salary: $196,810
    At System One, Business Consultants play a key role in driving client projects. They work in industries such as technology, finance, and healthcare. System One operates in multiple regions, providing Business Consultants with varied experiences and growth opportunities.


  3. Mastercard
    Average Salary: $192,854
    Mastercard offers exciting Business Consultant positions across the globe. They focus on innovation and digital transformation. Mastercard's Business Consultants work in locations such as New York, London, and Singapore, providing a global perspective and experience.


  4. Venture Homes
    Average Salary: $175,000
    Venture Homes is known for its quality housing developments and opportunities for Business Consultants. They focus on strategic growth and market analysis. Venture Homes operates nationwide, offering Business Consultants diverse roles in various markets.


  5. LPL Financial
    Average Salary: $169,879
    LPL Financial offers Business Consultant roles in the financial services sector. They focus on financial planning and investment strategies. LPL Financial operates across the United States, providing Business Consultants with extensive opportunities in the finance industry.


  6. Capgemini
    Average Salary: $166,476
    Capgemini offers dynamic Business Consultant roles in the technology and consulting sector. They focus on digital transformation and innovation. Capgemini operates globally, providing Business Consultants with international exposure and diverse projects.


  7. CHG Healthcare
    Average Salary: $154,318
    CHG Healthcare provides Business Consultant positions in the healthcare industry. They focus on optimizing healthcare services and improving patient care. CHG Healthcare operates in various regions, offering Business Consultants a chance to work in different healthcare settings.


  8. PwC
    Average Salary: $148,913
    PwC offers Business Consultant roles in the accounting and consulting sector. They focus on providing assurance, tax, and advisory services. PwC operates worldwide, offering Business Consultants a global platform for professional growth.


  9. CareFirst BlueCross BlueShield
    Average Salary: $146,370
    CareFirst BlueCross BlueShield offers Business Consultant roles in the healthcare insurance sector. They focus on improving healthcare delivery and patient outcomes. They operate primarily in the Mid-Atlantic region, providing Business Consultants with focused opportunities in health insurance.


  10. Wells Fargo
    Average Salary: $143,560
    Wells Fargo offers Business Consultant roles in the banking sector. They focus on financial services and customer experience. Wells Fargo operates across the United States, providing Business Consultants with a broad range of opportunities in the financial industry.

How to earn more as a Business Consultant?

A Business Consultant has the opportunity to earn a good income. Focusing on a few key factors can lead to higher earnings. One important factor is gaining more experience. Experience helps consultants understand what clients need and how to provide solutions effectively.

Networking also plays a big role. Building strong relationships with clients and industry professionals can lead to more job opportunities. Sharing knowledge and collaborating with others can make a consultant more valuable. Another factor is specializing in a specific industry or skill. Expertise in areas like finance, marketing, or technology can command higher fees. Certifications and advanced degrees can also improve earning potential. Finally, offering unique services or insights can set a consultant apart. Those who can show clear, positive results for clients often earn more.

Here are five factors that can help a Business Consultant earn more:

  1. Gain more experience
  2. Build strong relationships through networking
  3. Specialize in a specific industry or skill
  4. Obtain certifications or advanced degrees
  5. Offer unique services or insights

Currently 642 Business Consultant job openings, nationwide.

How's the job market for a Business Consultant in the US?

Learn what a Business Consultant does, how to become one, and understand the job outlook. Get simple steps to start your career as a Business Consultant today.
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Business Consultant
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