Management Consultants Salary in Minneapolis, MN

Updated 2024 · Source: U.S. Bureau of Labor StatisticsUSD $

Median Salary

$109,000

Average Salary

$120,000

Salary Range

$60,000 - $146,000

Est. Employment*

4,500

*Employment figures are estimates based on national occupational data distributed across metro areas. Actual local numbers may vary.

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Salary Distribution

Top 10%
$146,000
75th Percentile
$131,000
Median
$109,000
25th Percentile
$82,000
Bottom 10%
$60,000

10th to 90th percentile range. Half of all management consultants earn between $82,000 and $131,000.

About Management Consultants in Minneapolis

Management Consultants support organizational operations by analyzing financial data, managing business processes, and ensuring compliance with regulations. Their analytical skills help organizations make informed decisions and operate efficiently.

In Minneapolis, management consultants benefit from a moderate cost of living that balances earnings with expenses. The area's major industries include Healthcare, Financial Services, Retail.

Key Skills

Financial AnalysisData AnalysisExcelCommunicationProblem SolvingAttention to Detail

Education

Bachelor's degree in business, finance, accounting, or a related field

A bachelor's degree is the minimum requirement for most positions. Professional certifications such as CPA, CFA, or PMP can significantly enhance career prospects and earning potential.

Tips to Earn More as a Management Consultants

1.Learn business intelligence tools like Tableau or Power BI
2.Build expertise in regulatory compliance and risk management
3.Pursue a master's degree in business, finance, or analytics
4.Develop strong presentation and communication skills
5.Stay current with changes in financial regulations and standards

Management Consultants Salary in Other Cities

CityMedianRangevs Minneapolis
San Jose, CA$146,000$80,000 - $195,000+34%
San Francisco, CA$143,000$79,000 - $191,000+31%
Seattle, WA$134,000$74,000 - $179,000+23%
Boston, MA$126,000$69,000 - $169,000+16%
New York, NY$124,000$68,000 - $166,000+14%
Washington DC, DC$124,000$68,000 - $166,000+14%
Los Angeles, CA$117,000$64,000 - $156,000+7%
Anchorage, AK$114,000$63,000 - $152,000+5%
San Diego, CA$113,000$62,000 - $151,000+4%
Austin, TX$112,000$62,000 - $150,000+3%
Denver, CO$111,000$61,000 - $148,000+2%
Portland, OR$111,000$61,000 - $148,000+2%
Baltimore, MD$110,000$61,000 - $147,000+1%
Honolulu, HI$110,000$61,000 - $147,000+1%
Sacramento, CA$108,000$59,000 - $144,000-1%
Chicago, IL$106,000$58,000 - $142,000-3%
Dallas, TX$106,000$58,000 - $142,000-3%
Philadelphia, PA$106,000$58,000 - $142,000-3%
Hartford, CT$105,000$58,000 - $140,000-4%
Houston, TX$102,000$56,000 - $136,000-6%
Atlanta, GA$102,000$56,000 - $136,000-6%
Richmond, VA$101,000$56,000 - $135,000-7%
Raleigh, NC$100,000$60,000 - $130,000-8%
Salt Lake City, UT$100,000$60,000 - $130,000-8%
Columbus, OH$100,000$60,000 - $130,000-8%
Phoenix, AZ$99,000$59,000 - $129,000-9%
Kansas City, MO$99,000$59,000 - $129,000-9%
Detroit, MI$98,000$59,000 - $127,000-10%
Miami, FL$97,000$58,000 - $126,000-11%
Charlotte, NC$97,000$58,000 - $126,000-11%
Milwaukee, WI$97,000$58,000 - $126,000-11%
Nashville, TN$96,000$58,000 - $125,000-12%
San Antonio, TX$96,000$58,000 - $125,000-12%
Cleveland, OH$96,000$58,000 - $125,000-12%
St. Louis, MO$95,000$57,000 - $124,000-13%
Cincinnati, OH$95,000$57,000 - $124,000-13%
Buffalo, NY$95,000$57,000 - $124,000-13%
Las Vegas, NV$94,000$56,000 - $122,000-14%
Tampa, FL$94,000$56,000 - $122,000-14%
Orlando, FL$94,000$56,000 - $122,000-14%
Pittsburgh, PA$94,000$56,000 - $122,000-14%
Toronto, ON$94,000$56,000 - $122,000-14%
Vancouver, BC$94,000$56,000 - $122,000-14%
Indianapolis, IN$93,000$56,000 - $121,000-15%
Jacksonville, FL$93,000$56,000 - $121,000-15%
Oklahoma City, OK$93,000$56,000 - $121,000-15%
Louisville, KY$93,000$56,000 - $121,000-15%
New Orleans, LA$93,000$56,000 - $121,000-15%
Birmingham, AL$93,000$56,000 - $121,000-15%
Tucson, AZ$90,000$54,000 - $117,000-17%
Calgary, AB$90,000$54,000 - $117,000-17%
Memphis, TN$88,000$53,000 - $114,000-19%
Ottawa, ON$87,000$52,000 - $113,000-20%
Edmonton, AB$82,000$49,000 - $107,000-25%
Hamilton, ON$79,000$47,000 - $103,000-28%
Montreal, QC$78,000$47,000 - $101,000-28%
Winnipeg, MB$75,000$45,000 - $98,000-31%
Quebec City, QC$73,000$44,000 - $95,000-33%
Halifax, NS$72,000$43,000 - $94,000-34%