Project management consultants require a bachelor's degree, although some positions and employers many also require a master's degree. Certification is available, but usually voluntary. These professionals often work on a contracted basis per assignment.
Project management consultants are hired to achieve specific business goals or supply technical expertise. Consultants hold, at minimum, a bachelor's degree in business administration or a technical science-related field. They also must have years of business experience. Many have earned professional management consultant certifications, which require education, experience and examinations.
|Required Education||Bachelor's degree in business administration or a technical science subject|
|Projected Job Growth (2018-2028)||14% for management analysts*|
|Median Salary (2019)||$83,677**|
Sources: * U.S. Bureau of Labor Statistics (BLS), **PayScale.com
Project Management Consultant Education Requirements
Project management consultants are highly educated and trained. The minimum educational requirement for a management consultant is a bachelor's degree in a major related to business administration or technical science. An advanced degree, on-the-job training and demonstrated management and problem-solving experience are necessary for advancement.
Some employers may also require a graduate education for consultants such as a Master of Business Administration (MBA). Graduate programs prepare consultants to strategize, organize and generate solutions in a complex global business environment. Coursework may explore business ethics, finance, leadership, negotiations, marketing and management.
Project Management Consultant Certification
Some employers may require project management consultants to gain voluntary certification such as Project Management Professional (PMP). The PMP credential requires completion of a bachelor's degree and three years of experience, as well as passing an exam.
Consultants may also gain the Certified Management Consultant (CMC) credential. The CMC is offered at basic, experienced and management levels. Each level of certification requires a specific education and number of years of experience. Consultants must also pass an oral and a written test for certification, and recertification is required every three years.
Project Management Consultant Career Info
Project management consultants are contracted to complete assignments related to strategic and financial planning, along with operations goals in several fields, including technology, engineering, finance, marketing, human resources, information systems, healthcare and security. Consultants may also provide expert technical advice. Consultants are hired by private corporations, non-profits, government agencies, universities and foreign countries. Management consultants may be employed by consulting firms or work as self-employed independent contractors.
The U.S. Bureau of Labor Statistics predicted that the number of job opportunities for management analysts was expected to increase 14% from 2018-2028 (www.bls.gov). Due to the competitive nature of the field, consultants with the highest degree of education and training are more likely to obtain work. Payscale.com reports that project management consultants make an annual median salary of $83,677 as of August 2019.
Project management consultants work on assignment or projects providing management expertise to facilitate successful completion of the project or assignment. These professionals had a median annual salary around $83,610 in 2018. The job growth outlook for this career is much faster than average.