Updated March 14, 2024
3 min read
A strategy consultant is an individual who advises businesses on how to improve performance and achieve goals. They analyze a company's strengths and weaknesses, market trends, and competition to develop strategies that help the business grow. They also provide guidance on organizational structure, management practices, and technology adoption. A strategy consultant must possess excellent analytical and communication skills. They often work in consulting firms but may work independently as freelancers or consultants for large corporations.
How long does it takes to become a strategy consultant?
It takes about 6 to 8 years to become a strategy consultant.
Year 1-4: Bachelor's DegreeMost strategy consultants start with a bachelor's degree, which typically takes four years to complete.
Year 5-6: Work ExperienceAfter graduation, gaining 2 to 4 years of work experience is common before becoming a strategy consultant.
Year 7: On-the-Job TrainingDuring the first year on the job, strategy consultants often receive 6 to 12 months of training.
Year 8: Additional On-Site TrainingSome may also undergo an additional 3 to 6 months of on-site training.
- Salary$115,244
- Growth Rate11%
- Jobs Number70,241
- Most Common SkillHealthcare
- Most Common DegreeBachelor's degree
- Best StateMassachusetts
Strategy Consultant pros and cons
Pros
Exposure to a variety of industries and business problems
Opportunities for rapid career advancement
High earning potential and competitive compensation packages
Developing valuable analytical and problem-solving skills
Constant learning and development through on-the-job training and mentorship programs
Cons
Long hours, often with tight deadlines and high pressure to perform
Steep learning curve with a steep initial ramp-up period
Heavy reliance on client relationships, which can be unpredictable and difficult to manage
High expectations for performance and deliverables, with little room for error
Constant need to stay up-to-date with industry trends and emerging technologies
Strategy Consultant career paths
A strategy consultant can follow various career paths. They can move into project management or marketing management roles, overseeing projects and campaigns. They can also transition into product management, where they focus on delivering products that meet customer needs. A strategy consultant's skills can also be applied to business development, implementing strategies to expand a company's customer base. Some may even become finance managers, leveraging their analytical skills to manage budgets and financial projects.
Key steps to become a strategy consultant
Explore strategy consultant education requirements
If you're interested in becoming a strategy consultant, you must consider how much education you need. Based on real strategy consultant resumes, 66.4% of strategy consultants have a bachelor's degree. Regarding higher education levels, 28.8% of strategy consultants have master's degrees. Even though most strategy consultants have a college degree, it's impossible to become one with only a high school degree or GED.
Most common strategy consultant degrees
Bachelor's
Master's
28.8
%
Doctorate
1.8
%
Start to develop specific strategy consultant skills
A strategy consultant requires a wide range of skills, including data mining and visualization, stakeholder engagement, business process improvement, and market analysis. They must be able to identify problem areas and recommend improvements, as well as develop and implement effective strategies for businesses. Strong communication and collaboration skills are also essential, as they often work with clients across various levels of an organization. They must also be familiar with technology, including social media, SEO, and CRM strategies. In addition, they need to be able to analyze data and develop effective business financial models. As one expert put it, "Strong strategic thinking and problem-solving skills, combined with good business acumen and a deep understanding of market dynamics, are essential."
Skills Percentages Healthcare 6.66% Project Management 5.92% Develop Recommendations 5.72% Client Facing 5.15% Market Research 4.78% Show more
Complete relevant strategy consultant training and internships
Accountants spend an average of 6-12 months on post-employment, on-the-job training. New strategy consultants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a strategy consultant based on U.S. Bureau of Labor Statistics data and data from real strategy consultant resumes.
Research strategy consultant duties and responsibilities
Strategy consultants perform a variety of responsibilities to help businesses improve their operations and achieve their goals. They may analyze data and visualize it to identify problem areas, collaborate with stakeholders to validate analysis and develop recommendations, or facilitate talent review meetings to identify and develop high-potential succession candidates. They may also coordinate due diligence processes, manage and facilitate business decisions and discussions, and provide management consulting to assess and recommend improvements to business processes, stakeholder engagement, and technology management. Additionally, strategy consultants may develop content for executive-level presentations, create effective business financial models, and design and configure supply chain management consulting offerings. They may also conduct market analysis, competitive market and location analysis, and create integrated social media, SEO, email, event, and CRM strategies for businesses.
- Lead project to ensure integration of CMS and other regulations (HIPAA etc . )
- Achieve SOX compliance requirements across organization.
- Manage the remediation process using SDLC methodology.
- Develop and manage all front-of-house operations / logistics including guest control planning, security, celebrity appearances and executive presentations.
Prepare your strategy consultant resume
When your background is strong enough, you can start writing your strategy consultant resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a strategy consultant resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose From 10+ Customizable Strategy Consultant Resume templates
Build a professional
Strategy Consultant
resume in minutes. Browse through our resume examples to identify the best way to word your resume.
Then choose from 10+ resume templates to create your Strategy Consultant resume.Apply for strategy consultant jobs
Now it's time to start searching for a strategy consultant job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
Are you a Strategy Consultant?
Share your story for a free salary report.
Average strategy consultant salary
The average Strategy Consultant salary in the United States is $115,244 per year or $55 per hour. Strategy consultant salaries range between $87,000 and $151,000 per year.
Average
Strategy Consultant
Salary
$115,244Yearly
$55.41
hourly
More strategy consultant salary info
What Am I Worth?
How do strategy consultants rate their job?
Strategy Consultant jobs by state
- Strategy Consultant jobs in Alaska
- Strategy Consultant jobs in Alabama
- Strategy Consultant jobs in Arkansas
- Strategy Consultant jobs in Arizona
- Strategy Consultant jobs in California
- Strategy Consultant jobs in Colorado
- Strategy Consultant jobs in Connecticut
- Strategy Consultant jobs in District of Columbia
- Strategy Consultant jobs in Delaware
- Strategy Consultant jobs in Florida
- Strategy Consultant jobs in Georgia
- Strategy Consultant jobs in Hawaii
- Strategy Consultant jobs in Iowa
- Strategy Consultant jobs in Idaho
- Strategy Consultant jobs in Illinois
- Strategy Consultant jobs in Indiana
- Strategy Consultant jobs in Kansas
- Strategy Consultant jobs in Kentucky
- Strategy Consultant jobs in Louisiana
- Strategy Consultant jobs in Massachusetts
- Strategy Consultant jobs in Maryland
- Strategy Consultant jobs in Maine
- Strategy Consultant jobs in Michigan
- Strategy Consultant jobs in Minnesota
- Strategy Consultant jobs in Missouri
- Strategy Consultant jobs in Mississippi
- Strategy Consultant jobs in Montana
- Strategy Consultant jobs in North Carolina
- Strategy Consultant jobs in North Dakota
- Strategy Consultant jobs in Nebraska
- Strategy Consultant jobs in New Hampshire
- Strategy Consultant jobs in New Jersey
- Strategy Consultant jobs in New Mexico
- Strategy Consultant jobs in Nevada
- Strategy Consultant jobs in New York
- Strategy Consultant jobs in Ohio
- Strategy Consultant jobs in Oklahoma
- Strategy Consultant jobs in Oregon
- Strategy Consultant jobs in Pennsylvania
- Strategy Consultant jobs in Puerto Rico
- Strategy Consultant jobs in Rhode Island
- Strategy Consultant jobs in South Carolina
- Strategy Consultant jobs in South Dakota
- Strategy Consultant jobs in Tennessee
- Strategy Consultant jobs in Texas
- Strategy Consultant jobs in Utah
- Strategy Consultant jobs in Virginia
- Strategy Consultant jobs in Vermont
- Strategy Consultant jobs in Washington
- Strategy Consultant jobs in Wisconsin
- Strategy Consultant jobs in West Virginia
- Strategy Consultant jobs in Wyoming
Updated March 14, 2024
Zippia Team
Editorial Staff
The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.
Strategy Consultant Related Careers
- Associate Consultant
- Business Consultant
- Business Development Consultant
- Consultant
- Data Consultant
- Digital Marketing Consultant
- Executive Consultant
- Management Consultant
- Manager, Strategy
- Marketing Consultant
- Operations Consultant
- Principal Consultant
- Program Consultant
- Program Management Consultant
- Project Consultant
Strategy Consultant Related Jobs
- Associate Consultant Jobs
- Business Consultant Jobs
- Business Development Consultant Jobs
- Consultant Jobs
- Data Consultant Jobs
- Digital Marketing Consultant Jobs
- Executive Consultant Jobs
- Management Consultant Jobs
- Manager, Strategy Jobs
- Marketing Consultant Jobs
- Operations Consultant Jobs
- Principal Consultant Jobs
- Program Consultant Jobs
- Program Management Consultant Jobs
- Project Consultant Jobs
Strategy Consultant Jobs By Location
- Strategy Consultant Chicago Jobs
- Strategy Consultant Cleveland Heights Jobs
- Strategy Consultant Easton Jobs
- Strategy Consultant Everett Jobs
- Strategy Consultant Fort Campbell North Jobs
- Strategy Consultant Hempstead Jobs
- Strategy Consultant Irvine Jobs
- Strategy Consultant Kirkland Jobs
- Strategy Consultant Louisville Jobs
- Strategy Consultant Oak Ridge Jobs
- Strategy Consultant Richfield Jobs
- Strategy Consultant Saint James Jobs
- Strategy Consultant Tempe Jobs
- Strategy Consultant West Falls Church Jobs
- Strategy Consultant Woodinville Jobs
Strategy Consultant Jobs By Company
- Strategy Consultant Jobs In Deloitte
- Strategy Consultant Jobs In IBM
- Strategy Consultant Jobs In Wells Fargo
- Strategy Consultant Jobs In Fidelity Investments
- Strategy Consultant Jobs In Southwest Airlines
- Strategy Consultant Jobs In Booz Allen Hamilton
- Strategy Consultant Jobs In Celestica
- Strategy Consultant Jobs In HCSC
- Strategy Consultant Jobs In Guidehouse
- Strategy Consultant Jobs In CareFirst BlueCross BlueShield
- Strategy Consultant Jobs In MassMutual
- Strategy Consultant Jobs In Veeva Systems
- Strategy Consultant Jobs In Citizens Alliance
- Zippia Careers
- Business and Financial Industry
- Strategy Consultant
Updated March 14, 2024
