Data Management Consultant Salary in 2024

Salary details

The average Data Management Consultant salary lies between USD 82,783 and USD 137,972 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Dec. 15, 2024

Top 20 Job Tags for Data Management Consultant roles

The three most common job tag items assiciated with Data Management Consultant job listings are Data management, SQL and Data quality. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Data management | 62 jobs SQL | 30 jobs Data quality | 28 jobs Consulting | 27 jobs Data governance | 22 jobs Power BI | 21 jobs Python | 20 jobs Tableau | 20 jobs ETL | 19 jobs Azure | 17 jobs Engineering | 16 jobs Agile | 15 jobs Architecture | 14 jobs Security | 12 jobs Data Analytics | 11 jobs Banking | 11 jobs Computer Science | 11 jobs DMBoK | 11 jobs R | 10 jobs Research | 10 jobs

Top 20 Job Perks/Benefits for Data Management Consultant roles

The three most common job benefits and perks assiciated with Data Management Consultant job listings are Career development, Flex hours and Equity / stock options. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 34 jobs Flex hours | 14 jobs Equity / stock options | 11 jobs Health care | 11 jobs Team events | 10 jobs Salary bonus | 10 jobs Parental leave | 7 jobs Startup environment | 7 jobs Competitive pay | 7 jobs Insurance | 7 jobs Flat hierarchy | 5 jobs Medical leave | 5 jobs Fertility benefits | 5 jobs 401(k) matching | 3 jobs Flex vacation | 3 jobs Wellness | 3 jobs Relocation support | 2 jobs Lunch / meals | 1 jobs Gear | 1 jobs Fitness / gym | 1 jobs

Salary Composition for a Data Management Consultant in AI/ML/Data Science

The salary for a Data Management Consultant in AI/ML/Data Science typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or benefits. The fixed base salary often constitutes the majority of the total compensation package, usually around 70-80%. Performance bonuses can vary significantly depending on the company and individual performance, ranging from 10-20% of the total salary. Additional remuneration, such as stock options, profit-sharing, or other benefits, can make up the remaining 5-10%.

Regional differences play a significant role in salary composition. For instance, consultants in tech hubs like Silicon Valley or New York may receive higher base salaries and stock options due to the competitive market. Industry also impacts salary composition; consultants in finance or healthcare may receive higher bonuses compared to those in academia or non-profit sectors. Company size can influence the availability of stock options or profit-sharing, with larger companies often providing more comprehensive benefits packages.

Steps to Increase Salary from This Position

To increase your salary from the position of a Data Management Consultant, consider the following strategies:

• Skill Enhancement: Continuously update your skills in AI/ML and data science. Specializing in emerging technologies or methodologies can make you more valuable.
• Advanced Education: Pursuing further education, such as a master's or Ph.D., can open doors to higher-paying roles.
• Networking: Build a strong professional network to learn about new opportunities and gain insights into industry trends.
• Leadership Roles: Aim for leadership or managerial positions, which typically offer higher salaries.
• Industry Switch: Consider moving to industries that pay higher salaries for data management roles, such as finance or tech.

Educational Requirements

Most Data Management Consultant roles in AI/ML/Data Science require at least a bachelor's degree in a related field such as computer science, data science, statistics, or engineering. However, a master's degree is often preferred and can significantly enhance your prospects. Degrees in business administration with a focus on data analytics are also valued, especially for roles that require a blend of technical and business acumen.

Helpful Certifications

Certifications can bolster your credentials and demonstrate expertise. Some valuable certifications include:

• Certified Data Management Professional (CDMP)
• Google Professional Data Engineer
• AWS Certified Big Data – Specialty
• Microsoft Certified: Azure Data Scientist Associate
• IBM Data Science Professional Certificate

These certifications can validate your skills and make you more competitive in the job market.

Required Experience

Typically, a Data Management Consultant role requires 3-5 years of experience in data management, analytics, or a related field. Experience with data modeling, database management, and data governance is crucial. Familiarity with AI/ML tools and frameworks, such as TensorFlow, PyTorch, or scikit-learn, is often required. Experience in consulting or client-facing roles can be advantageous, as it demonstrates the ability to communicate complex data insights effectively.

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