what the skills required by Business Consultant

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Business Consultant

Skills

Business consultants must have good analytical, problem solving and communication skills. They must be confident individuals as they will be providing advice and guidance to mom and pop shops as well as Fortune 500 companies. They must be computer savvy and stay abreast on current technologies as sometimes certain technology must be implemented into the overall success of the organization. They must have good writing skills and be adaptable to change.

Environment

Business consultants may travel extensively to organizations requiring their assistance. They may spend a lot of time in front of the computer looking at data and numbers to analyze any issues in the organization's system. They may spend a lot of time in meetings communicating with managers, CEOs and business owners of small to large businesses. They may work long hours and must be versatile and flexible due to companies having different work hours and work conditions.

Education

Most business consultants have bachelor degrees in business management, economics or finance. For business consultants to gain higher salaries--depending on the organization they are working for--they can obtain a Master's in Business Administration (MBA). Though rare, business consultants can also earn a DBA which is a Doctorate in Business Administration. Business consultants can also get internships in business consulting firms and can become certified as management consultants by passing a series of written and oral tests from the Institute for Management Consultants.

Salary

Salaries can range depending on education and experience. Based on PayScale.com the median income for business consultants is approximately $64,126 as of May 2010. The location and region can also affect the salary of a business consultant.