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The differences between advisory project managers and management consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an advisory project manager, becoming a management consultant takes usually requires 2-4 years. Additionally, an advisory project manager has an average salary of $138,810, which is higher than the $99,360 average annual salary of a management consultant.
The top three skills for an advisory project manager include advisory services, client relationships and SAN. The most important skills for a management consultant are healthcare, project management, and portfolio.
| Advisory Project Manager | Management Consultant | |
| Yearly salary | $138,810 | $99,360 |
| Hourly rate | $66.74 | $47.77 |
| Growth rate | - | 11% |
| Number of jobs | 123,568 | 153,045 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 6 | 4 |
An advisory project manager leads a team of advisers who help the project planning department. His/Her or her duties include performing business process analysis, ensuring that the engineering team delivers within the defined scope and timelines, and training team members on delivering high-quality solutions. The skills that an advisory project manager should possess to perform such duties include a keen eye for details and good leadership, conflict and resolution, and communication skills. The education requirements to qualify for the position include obtaining a college degree in business or finance.
A management consultant's responsibility focuses on conducting an in-depth analysis of a company or business, including its target market. Through their findings, they can devise strategies that will help the business grow and attain a significant profit. There are also instances when a management consultant must solve particular issues that will require them to investigate the problem, assess damages, identify risks, and recommend the best solutions to take. Furthermore, a management consultant must adhere to the company's vision, mission, and policies at all times.
Advisory project managers and management consultants have different pay scales, as shown below.
| Advisory Project Manager | Management Consultant | |
| Average salary | $138,810 | $99,360 |
| Salary range | Between $106,000 And $180,000 | Between $72,000 And $136,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | Idaho | New Jersey |
| Best paying company | White & Case | Apple |
| Best paying industry | Technology | Technology |
There are a few differences between an advisory project manager and a management consultant in terms of educational background:
| Advisory Project Manager | Management Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between advisory project managers' and management consultants' demographics:
| Advisory Project Manager | Management Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 69.4% Female, 30.6% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% | Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.6% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |