Ey consultant salary: Ernst and Young Management Consultant Salary | $88K-$251K+

Ernst and Young Management Consultant Salary | $88K-$251K+

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Ernst and Young

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• Management Consultant

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FAQ

What is the highest Management Consultant salary at Ernst and Young?

The highest paying salary package reported for a Management Consultant at Ernst and Young sits at a yearly total compensation of $220,000. This includes base salary as well as any potential stock compensation and bonuses.

How much do Ernst and Young Management Consultant employees get paid?

The median yearly total compensation reported at Ernst and Young for the Management Consultant role is $129,890.

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Profession: Management Consultant – description, salary and where to learn

(Unternehmensberater/in)

• Type

  Profession after diploma

• Specialty

  Business Administration, Management / Administration

nine0005

Salary

5566-6150 € per month

Management consultants, as external service providers, analyze processes and structures in companies, for example, to improve profitability or to ensure and expand the economic success of a company.

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Responsibilities of a Management Consultant

Management consultants support companies in economic decision-making processes in various functional areas. They also advise government agencies on economic policy issues. They create analyzes and concepts and carry out projects. nine0010

Management consultants evaluate and plan the market and customer orientation of companies and develop proposals for both business development and marketing and sales organization (strategy consulting). In addition, they identify opportunities for sales and improvement in the company, present concepts for optimizing operations to their clients, for example in relation to organizational processes, and advise them on financing and financing options (organizational and process consulting). Management consultants also provide recommendations on personnel (HR consulting), for example, on professional development and employee development projects, and also develop proposals for the implementation and further development of IT systems (IT consulting). In addition to analysis and recommendations, management consultants also support the implementation of projects desired by the respective company. nine0010

Where do Management Consultants work?

Management consultants find employment in, for example, management consulting.

Salary of a Management Consultant

The salary level that Management Consultants receive in Germany is

• from €5566 to €6150 per month

according to various statistical and employment offices in Germany 9005 9005

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• Tasks
• Statistics

Tasks and responsibilities of a Management Consultant in detail

What is the essence of the profession of a Management Consultant?

Management consultants, as external service providers, analyze processes and structures in companies, for example, to improve profitability or to ensure and expand the economic success of a company.

Preparing solutions

Is the development of a new line of business profitable for the company? Is it possible to make processes within the company more efficient? What qualification measures can be useful for employee development? Can new IT systems reduce production time? Management consultants are familiar with the relevant sectors, business analysis, mechanisms and economic problems. They advise and support the company’s management in their efforts to increase efficiency and profitability and thus strengthen and expand the company. To do this, they evaluate the advantages and disadvantages of the measures and define decision criteria: how can operational restructuring be designed to be “decision neutral” and socially acceptable? How can insolvent companies escape bankruptcy? Based on the analysis, consultants prepare business solutions. nine0010

Advise and supervise the company’s activities

Management consultants are primarily engaged in strategic, organizational and process consulting, as well as consulting on personnel management and information technology. For example, they develop market and marketing strategies for companies, operational and production optimization, recruitment strategies or staff development plans or measures to increase sales. In addition to growth opportunities, companies are mainly motivated to increase efficiency and therefore reduce costs. Management consultants analyze existing internal and inter-firm procedures and processes, formulate goals and draft decisions that serve as recommendations for management. For example, to determine whether to take over a competitor, management consultants study the current state and calculate costs and prices, for example, for investments and acquisitions. They also conduct profitability and weakness analysis to identify possible internal weaknesses and achieve internal optimization. For example, they study the relationship between individual departments or check whether optimization is still possible in the production area. They translate their results into a concept and present it to the company’s management. If the task of management consultants also consists of implementation or training, they constantly check the new or changed processes and the economic success of the measures introduced during the implementation. nine0010

Other activities of management consultants

Management consultants have many uses. In addition to the “classic” areas of management consulting, IT consulting and HR consulting, they are engaged in outplacement, interim management or financial consulting – always with the aim of contributing to the development of the company.

Statistics

Sign up for a consultation on admission to a university in Germany by profession

Management Consultant

Examples of highly paid Management Consultant jobs in German companies

Current Management Consultant vacancies: https://www.gehalt.de/stellenangebote-jobs/suche?jobname=Unternehmensberater%2F-in&location=

Original name:
Verwaltungswirt/in / Verwaltungsbetriebswirt/in

Type:
Occupation after diploma

Salary:

Read more

Original name:
Betriebsplaner/in

Type:
Possible specialization

Salaries:
4604-5819 €

9000

further development of their quality objectives.