Home > Careers > What Is a Strategy Consultant?

What Is a Strategy Consultant?

strategy consultant meeting

Forage puts students first. Our blog articles are written independently by our editorial team. They have not been paid for or sponsored by our partners. See our full editorial guidelines.

If you have a business background and love working on complicated business and management strategies, a job as a strategy consultant may be the perfect fit. These consultants help companies and organizations develop strategic plans for specific goals.

Ready to learn more about a strategy consulting career? In this guide, we explain what strategy consultants do, the average strategy consultant salary and necessary skills, and how to become a strategy consultant.

What Does a Strategy Consultant Do?

A strategy consultant works with a company’s CEO, board, and senior managers to provide strategic, unbiased advice for various business decisions and goals. Like a health care professional, a strategic consultant’s job is to diagnose a company’s problems and prescribe strategies to fix them. 

Strategy consultants can work in any industry in both the public and private sectors — and may have specific titles like marketing strategy consultant or business strategy consultant. Their primary objectives are to help an organization achieve its goals and improve performance with these general steps:

  1. Meet with clients to learn about their business objectives.
  2. Analyze the organization’s current processes.
  3. Identify issues and areas for improvement.
  4. Conduct market research to find solutions.
  5. Create reports and presentations.
  6. Devise strategies and make recommendations.

Depending on the firm, some consultants also oversee the implementation of recommended business strategies.

BCG logo on building

BCG Introduction to Strategy Consulting

Help a fictional luxury clothing company increase sales revenue in this free, short job simulation.

Avg. Time: 1-2 hours

Skills you’ll build: Creativity, critical thinking, brainstorming

Strategy Consultant Salary and Job Outlook

Although salaries vary based on several factors, the average base salary for a strategy consultant is around $98,000 per year, according to PayScale. Total average pay — including bonuses, profit sharing, commissions, and other earnings — ranges from approximately $68,000 to $170,000 annually.

Experience level has a big impact on a consultant’s salary. Below is the average annual base pay according to career level and years of experience:

  • Entry-level (0-1 year): $75,000
  • Early-career (1-4 years): $88,000
  • Mid-career (5-9 years): $108,000
  • Experienced (10-19 years): $118,000
  • Late-career (20+ years): $141,000

Glassdoor reports a similar strategy consultant salary range of $95,000 to $172,000 across all industries and experience levels.

Fortunately, strategy consulting is a career field that stands to see significant growth in the coming years. According to Zippia, the projected growth rate for strategy consultant jobs is 11% through 2028, and the highest-paying states for strategy consultants are California, Alaska, Washington, New Hampshire, and Massachusetts.

Source: Zippia.com Zippia Logo

Strategy Consultant Skills

As high-level professionals, strategy consultants need a variety of hard and soft skills to succeed in a consulting career. These are four of the most essential skills for a strategic consultant.


No matter the industry, strategy consulting is a very people-oriented field, and consultants must have strong interpersonal skills to be able to engage with all types of clients. 

“I’ve always put a premium on people skills,” explains Alastair McKee, global business strategy and operations manager at Google and Forage program development partner. “You are often working with very intelligent, passionate, and driven clients, who may not always agree with you, so you need to be able to understand their point of view, take it onboard, and be able to influence people when they need influencing. It is important to remember that as an external consultant you have no power, only influence.” 

BCG logo on building

BCG Strategy Consulting

Continue to explore strategy consulting by learning about a day-in-the-life as a strategy consultant at BCG.

Avg. Time: 5-6 hours

Skills you’ll build: Market research, client communication, Excel, PowerPoint, critical thinking


Much of a strategy consultant’s work involves collecting and analyzing data and other information to help inform and guide strategic recommendations. “Having a strong analytical skill set is also key, given the need to be data-driven in everything you do,” McKee notes.


Dedication is having the strong work ethic to commit 100% to the task at hand, which can include long work hours in the strategy consulting industry.

“You also need to be able to work hard for many, many hours a day, and still be able to produce premium-quality work when you are tired,” says McKee. “People don’t talk about this enough, but being a strategy consultant means that you need to be able to find enough drive to keep going late into the night, crunching data or crafting a strong storyline for a presentation that will be delivered the next day, only to do it all again in preparation for the next milestone when you wake up.”

Creative Thinking

Much of a strategy consultant’s impact relies on using creative thinking skills to come up with fresh solutions to complex problems. Even with a consultant’s deep industry knowledge and expertise, every company has unique challenges that need similarly unique and creative solutions.

working at Accenture

Accenture Future Innovator in Training

Help a client prioritize initiatives and improve their grant application process with this free job sim.

Avg. Time: 3-4 hours

Skills you’ll build: Planning, prioritizing, data analysis, client communication, strategic thinking

How to Become a Strategy Consultant

Becoming a strategy consultant takes a combination of education, experience, and industry knowledge.

While a bachelor’s degree is usually the minimum requirement for entry-level strategy consulting, your major isn’t as important as the skills you bring to the table. “Consulting firms hire from a wide variety of majors,” explains McKee, “but the common threads that the firms look for are intellectual ability, drive, leadership, people skills. They may call them by different names, but this is essentially what they are looking for.” 

Many prospective strategy consultants decide to pursue an MBA to further their studies. No matter the level of education, though, companies rely on a consultant’s expertise and industry experience to come up with solutions to various business issues — so work experience can make all the difference in getting hired. 

Internships are helpful, in fact, many people enter the firms through an internship program,” notes McKee.

>>MORE: Ready to get some real-world consulting experience? Check out our insider tips for landing consulting internships!

Strategy Consultant Interview Process

McKee says the interview process for strategy consultant jobs can be quite different from other job interviews and requires practice and preparation. 

“You are typically given a business problem that you have to solve on the fly in front of the interviewer,” he explains. “You have to structure your approach to solving the problem you’re given, ask the interviewer for the right data, crunch the numbers quickly and perfectly (without a calculator), pull insights together, and come up with a recommendation. This takes a lot of practice to do well, but all of the steps are very learnable as long as you are willing to invest the time to practice.”

Strategy Consultant Career Path

Most firms have a relatively structured career path for strategy consultants based on their entry points. Job titles vary between consulting firms, but, in general, consultants can move through several levels of employment, from entry-level to experienced.

Business Analyst | Associate | Associate Consultant

This is the typical undergraduate-level entry point for a strategy consultant. Job duties include supporting the entire consulting team, gathering and analyzing data, and creating project deliverables.

Associate | Consultant | Senior Consultant

Strategy consultants with MBAs enter consulting firms at this level and may lead teams and own functional areas, in addition to analyzing information and developing project deliverables.

Engagement Manager | Project Leader | Case Team Leader

Manager-level consultants generally have five or more years of experience and will usually lead several teams, perform project management tasks, and coordinate with clients.

Associate Principal | Principal

At the principal level, strategy consultants are in charge of client relationship management, project delivery, overseeing managers, and selling new work.


This is the highest level of strategy consulting at a firm, usually for those with nine or more years of experience. Partners will will establish relationships with potential clients, drive firm strategy, retain clients, and manage a portfolio of projects.

Learn more about the different types of consulting and how to prepare for a consulting career:

Get experience working on dozens of real-life consulting scenarios with Forage’s free consulting job simulations!

Image credit: Jason Goodman / Depositphotos.com

Emily Courtney is an Assigning Editor at Forage. She has written and edited career and education-related content as an Editor for FabJob, Content Specialist for FlexJobs, and Content Editor for Thruline Marketing.

Increase your chances of landing a job you love.

Sign up