Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between advisor and consultants and business consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an advisor and consultant and a business consultant. Additionally, a business consultant has an average salary of $87,214, which is higher than the $80,661 average annual salary of an advisor and consultant.
The top three skills for an advisor and consultant include mutual funds, fixed income and client relationships. The most important skills for a business consultant are data analysis, project management, and strong analytical.
| Advisor And Consultant | Business Consultant | |
| Yearly salary | $80,661 | $87,214 |
| Hourly rate | $38.78 | $41.93 |
| Growth rate | 11% | 11% |
| Number of jobs | 96,691 | 128,033 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Advisors and consultants summarize and update the client's top management with accurate information relating to company management and finance. Besides preparing reports and investigating clients' needs, and promoting strong client relationships, advisors and consultants also offer services that result in a holistic technique to solve the current and future issues. They help the organization to have the expertise and specific skills it lacks. Moreover, advisors and consultants guide the organization on diagnosing various problems instead of waiting for the advisors' and consultants' assessments.
A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.
Advisor and consultants and business consultants have different pay scales, as shown below.
| Advisor And Consultant | Business Consultant | |
| Average salary | $80,661 | $87,214 |
| Salary range | Between $51,000 And $126,000 | Between $64,000 And $117,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Alaska |
| Best paying company | - | ZS |
| Best paying industry | - | Technology |
There are a few differences between an advisor and consultant and a business consultant in terms of educational background:
| Advisor And Consultant | Business Consultant | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between advisor and consultants' and business consultants' demographics:
| Advisor And Consultant | Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 62.8% Female, 37.2% |
| Race ratio | Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.2% White, 66.1% American Indian and Alaska Native, 0.2% | Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |