The field of professional services consulting encapsulates technical, scientific and management consulting. The more technical professional services consultants work in management information systems or information technology, while scientific consultants may study the ecology impact of oil fields on wildlife and their natural habitat. Management consultants help companies analyze and solve production, labor and logistical problems, making them more efficient and profitable. To work as a professional services consultant, you'll need a bachelor's degree and experience in consulting. You can expect to earn salaries averaging nearly $90,000 annually.
Salary and Qualifications
Professional services consultants earned average annual salaries of $87,000 as of 2013, according to the U.S. Bureau of Labor Statistics. Educational requirements for these consultants vary according to the type of consulting they conduct for companies. If you worked in management consulting, you'd need at least a bachelor's degree in business or management. For technical consulting, you'd likely need a bachelor's degree in computer programming or engineering. And a bachelor's degree in biology, chemistry or one of the science fields would be necessary for scientific consulting. Additionally, employers would likely require at least two or more years of experience in professional services consulting. Other essential requirements are an attention to detail and skill with communication, organization, analysis and problem-solving.
Salary by Region
In 2013, salaries for professional services consultants varied considerably by U.S. region. In the Northeast, they earned the highest salaries of $105,000 in New York and the lowest of $75,000 in Maine, according to Indeed. Those in the West made between $60,000 and $95,000 per year, respectively, in Hawaii and California. If you work as a professional services consultant in the South, you'd earn $74,000 to $102,000, respectively, in Louisiana or Washington, D.C. In the Midwest, you'd make the most in Illinois and least amount in South Dakota -- $94,000 or $67,000, respectively.
You may earn more in certain industries as a professional services consultant. For example, in 2012, management analysts -- or management consultants -- earned the highest salaries of $113,110 in the petroleum and coal-products manufacturing industry, according to the U.S. Bureau of Labor Statistics. They also earned relatively high salaries of $109,240 in the crude oil pipeline industry -- versus an industry average of $88,070. You may also earn more in the petroleum and coal and crude oil pipeline industries as a professional services consultant. Your salary would likely be higher New York City because it costs more to live there. For example, if you earned $85,000 in Oklahoma City, you'd need to earn $144,546 in New York City to enjoy the same living standard, according to CNN Money's "Cost of Living" calculator.
The BLS doesn't forecast jobs for professionals services consultants. It does project a 22 percent increase in jobs for management analysts -- who do professional and technical services consulting -- which is faster than the average rate of 14 percent for all occupations. This follows a 55 percent growth in jobs for the management, technical and scientific consulting services industry the previous decade, according to the University of Missouri - Saint Louis. You should find more available jobs in the professional consulting services industry if the economy continues improving.
- U.S. Bureau of Labor Statistics: Occupational Employment Statistics: How to Become a Management Analyst
- Indeed: Professional Services Consultant Salary
- Glassdoor: Professional Services Consultant Salaries
- U.S. Bureau of Labor Statistics: Consulting Careers: A Profile of Three Occupations
- University of Missouri - St. Louis: Management, Scientific, and Technical Consulting Services
- Ascentis: Professional Services Consultant
- CNN Money: Cost of living: How Far Will My Salary Go In Another City?
- Indeed: Professional Services Consultant Salary in Maine, and New York
- Indeed: Professional Services Consultant Salary in Hawaii, and California
- U.S. Bureau of Labor Statistics: Occupational Employment Statistics: Management Analysts
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