Management consultants and business analysts
£49,014
Average salary
33 hours
Average weekly hours
2.56%
Unemployment rate
Definition: Management consultants and business analysts
*SOC Code (Standard Occupational Classification): 2423
Jobholders in this unit group advise industrial, commercial and other establishments on a variety of management and business-related matters to assist in the formulation of financial and business policies in order to maximise growth or improve business performance.
Common tasks include:
- assesses the functions, objectives and requirements of the organisation seeking advice;
- identifies problems concerned with business strategy, policy, organisation, procedures, methods and markets;
- determines the appropriate method of data collection and research methodology, analyses and interprets information gained and formulates and implements recommendations and solutions;
- advises governments, commercial enterprises, organisations and other clients in light of research findings;
- runs workshops, and addresses seminars, conferences and the media to present results of research activity or to express professional views.
Qualifications
Entry is most common with a degree or equivalent qualification, but is possible with other academic qualifications. Professional qualifications are available and will be a requirement in some areas.
*Introduced in 1990, SOC is a multi-purpose common classification of occupations in UK. Jobs are defined in terms of skill level and skill content, including qualifications, training and work experience.
Employment status: Management consultants and business analysts
Regional employment: Management consultants and business analysts
Future employment: Management consultants and business analysts
Top 12 industries: Management consultants and business analysts
Alternative & related job titles: Management consultants and business analysts
Facilitator, governance, clinical Analyst, risk Analyst, commercial Leader, team (management consultancy) Manager, improvement, continuous Consultant, management Analyst, trading Adviser, services, management Consultant, services, management Consultant (management consultancy) Analyst, catastrophe Adviser, business Officer, services, management Developer, quantitative Facilitator, audit, clinical Manager, continuity, business Surveyor, risk, insurance Adviser, development, management Facilitator, effectiveness, clinical Adviser, management Architect, business Analyst, risk, financial Manager, improvement, business Consultant, business Leader, team, consultancy, management Officer, intelligence, trade Controller, services, management Analyst, business
Equality focus: Management consultants and business analysts
Breaking down the official government big data sources by gender, age and region. Hours and pay data based on full time equlivalent roles.
Breakdown by gender
£46,929
Female average annual salary
£50,579
Male average annual salary
29
Female average weekly hours
35
Male average weekly hours
Average pay per hour: Management consultants and business analysts
Workforce gender: Management consultants and business analysts
Breakdown by region
£58,921
London - highest annual average salary
£32,850
Wales - lowest annual average salary
42
North East (England) - Highest average weekly hours
30
South West (England) - Lowest average weekly hours
Average pay per week (£): Management consultants and business analysts
Average weekly hours by UK region/nation: Management consultants and business analysts
Breakdown by age
20 years
Lowest annual salary (£18,771)
years
Highest annual salary (£0) at this age