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The differences between advisor and consultants and project 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 project consultant. Additionally, a project consultant has an average salary of $86,654, 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 project consultant are customer service, project management, and client facing.
| Advisor And Consultant | Project Consultant | |
| Yearly salary | $80,661 | $86,654 |
| Hourly rate | $38.78 | $41.66 |
| Growth rate | 11% | 11% |
| Number of jobs | 96,691 | 113,013 |
| 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 project consultant is responsible for communicating with the clients for their specific needs, develop strategic plans, and determine project resources to achieve their business goals and objectives. Project consultants are employed across various industries, offering their knowledge and expertise to facilitate clients' requests and propositions. They also collaborate with different development teams to discuss project parameters and analyze opportunities to improve plans and progress efficiency. A project consultant must have excellent communication and critical-thinking skills, responding to clients' inquiries and concerns, and providing recommendations to ensure successful project completion.
Advisor and consultants and project consultants have different pay scales, as shown below.
| Advisor And Consultant | Project Consultant | |
| Average salary | $80,661 | $86,654 |
| Salary range | Between $51,000 And $126,000 | Between $59,000 And $126,000 |
| Highest paying City | - | Newark, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | Dell |
| Best paying industry | - | - |
There are a few differences between an advisor and consultant and a project consultant in terms of educational background:
| Advisor And Consultant | Project 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 project consultants' demographics:
| Advisor And Consultant | Project Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 61.9% Female, 38.1% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |