The Datum Report

Occupation 2431 · Professional occupations

Management consultants and business analysts

Half of full-time management consultants and business analysts in the UK earn more than £53,295 a year, and half earn less.

Management consultants and business analysts 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.

How people enter it

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.

What the work involves

• 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

Also called

Business adviser · Business consultant · Business continuity manager · Digital business analyst · Financial risk analyst · Management consultant

What it pays

How pay has changed

Median gross annual pay for management consultants and business analysts, full-time employees, 2023 to 2025. Each point is that year's ASHE April snapshot as published — revisions are not backfilled into earlier years, and a year ONS withheld is a gap rather than a joined line.

ONS, ASHE Table 14 - occupation by four-digit SOC (national). Table

Year-on-year change

The change from each year to the next, in per cent, computed from the figures in the chart above — so the two cannot disagree.

ONS, ASHE Table 14 - occupation by four-digit SOC (national). Table

Pay by region

Median gross annual pay for full-time employees, ranked, against the UK figure. 10 of 11 regions are published: ONS withholds a cell where the survey sample cannot support it, and those are shown as gaps rather than dropped — an absent region is not a region without the work in it.

ONS, ASHE Table 14 - occupation by four-digit SOC (national). Period 2025. Table

Every regional figure

ONS does not publish occupational pay below region. Cells the survey could not support are shown as withheld, with its reason — adding a region split to a specific occupation leaves roughly a tenth of cells publishable.

Common questions

Classified alongside this

Actuaries, economists and statisticians · Business and related research professionals · Business, research and administrative professionals n.e.c. · Marketing and commercial managers · Professional/chartered company secretaries