Management Consultancy: Great Prospects with Great Qualifications

Management consultants have great earning prospects, but need high-level qualifications to reach the top. Maximize your potential without commuting to school through distance learning.

by Jane Smallman
MBA Business Schools Columnist

For a career with lots of intellectual stimulation, flexibility, and the chance to earn a large salary, management consultancy is ideal. Good qualifications, however, are essential, so think about earning a graduate degree now. With distance learning you can do it without commuting to school.

Management Consultancy

Management consultancy offers work that is mentally engaging, gives you lots of personal autonomy, provides good employment security, and puts you in regular contact with clients. There’s just one drawback: all these qualities—plus the fact that it’s one of the highest paying industries in the United States—mean that competition for jobs is hot.

Getting an Education Edge

Around 30 percent of management consultants have a graduate degree, compared with 10 percent of workers in the rest of the economy. The advanced degree helps consultants compete for the best consultancy jobs and get the best clients if you’re running your own company. The advantages of a higher-level degree are numerous:

• You’ll start higher up the ladder with more pay and more responsibility than someone with only a bachelor’s degree.
• You can be hired straight out of school, especially if you have internship experience in a specific field.
• Your chances of promotion will be much better; in some management consultancy firms, you can’t progress at all without a master’s degree

One way you can improve your qualifications without having to commute to school is to earn a graduate degree through distance learning.

Distance Learning for a Graduate Degree

Several business schools now offer distance learning programs for master’s in business administration (MBA) degrees and other suitable graduate degrees. Specially designed to suit the working professional, online learning lets you study more-or-less when and where you want. Plus, you can often graduate in less time than a conventional degree program.

If your heart is set on a career in management consultancy, check out distance learning graduate programs now to get the business education that you need to beat the competition.

Sources

Wall St Career Journal
U.S. Bureau of Labor Statistics
Kaplan University

About the Author

Jane Smallman combines freelance writing with running a mountain-guiding business with her husband. She has a bachelor’s and master’s degree in the social sciences.

Posted on May 13, 2007 at 5:30 PM

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