Restructuring Consultant

Also called: Turnaround Consultant

Helps companies that are running out of money cut costs, renegotiate debt and avoid or survive bankruptcy.

A day in the life

You spend the week building a 13-week cash forecast for a struggling retailer, find $20 million in savings and sit in on tense meetings with lenders.

Pay over a career

Starting
$95k
Typical
$150k
High
$300k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance or accounting; CPA or CIRA certifications common.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Finance, Accounting, Economics.

Outlook

Growing about average. Busier in recessions and high-interest-rate periods.

Will it last? Our AI estimate

Low risk in 5 years, medium in 10. AI helps build cash forecasts and models; tense lender negotiations and crisis judgment stay human.

Start now, in high school

Classes: Accounting, AP Statistics, AP Macroeconomics.

Official data: O*NET occupation 13-1111.

More Management Consulting careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.