For management consulting we can say that it is a service based on knowledge that can be sold or purchased. Through this service, the client is provided with targeted assistance and independent counseling on various questions related to managing an organization. Following the above, the aim of this paper was to explore development of management consulting on the market of the Republic of Croatia. Namely, in the Republic of Croatia, in addition to numerous international and domestic consulting companies, there are currently over 80,000 active entities in the trade sector, with more than 5,000 engaged in management activities, i.e., management consulting. In case of more than 1,900 trades management consulting is their predominant activity. In order to answer the question about development, a reserch was conducted in which two surveys and one in-depth interview were designed. Former and current students at the Academy of Arts and Culture in Osijek participated in the first survey. The second survey and interview involved people who already had some prior knowledge of the topic of management consulting, i.e. business advisory. The majority of examinees agreed that management consulting in the market of the Republic of Croatia is underdeveloped (72,13% of examinees from the first survey, 70% of examinees from the second survey and also the female respondent from the interview). Insufficient media presence and public knowledge of the definition of management consulting, as well as low awareness about the need to hire consultants, are just some of the problems pointed out by examinees.Furthermore, examinees also mentioned some possible ways in which the position of management consulting could be improved, such as additional education, organization of meetings and conferences, standardization of services, better promotion, etc.