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The differences between analytics consultants and management 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 analytics consultant and a management consultant. Additionally, a management consultant has an average salary of $99,360, which is higher than the $89,840 average annual salary of an analytics consultant.
The top three skills for an analytics consultant include data analytics, visualization and SAS. The most important skills for a management consultant are healthcare, project management, and portfolio.
| Analytics Consultant | Management Consultant | |
| Yearly salary | $89,840 | $99,360 |
| Hourly rate | $43.19 | $47.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 89,026 | 153,045 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An analytics consultant is an individual who develops new and innovative analytical solutions that meet the requirements of clients and businesses. Analytics consultants must understand the organization's business strategy by creating analytical solutions and providing analysis on the effectiveness of its marketing campaigns. They must respond to the request of market intelligence executives and provide attractive business solutions. Analytics consultants must also guide properly the industry analysts regarding market share information as well as competition in the local market.
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.
Analytics consultants and management consultants have different pay scales, as shown below.
| Analytics Consultant | Management Consultant | |
| Average salary | $89,840 | $99,360 |
| Salary range | Between $68,000 And $118,000 | Between $72,000 And $136,000 |
| Highest paying City | San Rafael, CA | Jersey City, NJ |
| Highest paying state | California | New Jersey |
| Best paying company | Cornerstone Research | Apple |
| Best paying industry | Professional | Technology |
There are a few differences between an analytics consultant and a management consultant in terms of educational background:
| Analytics Consultant | Management Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between analytics consultants' and management consultants' demographics:
| Analytics Consultant | Management Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.1% Female, 34.9% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% | 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 | 12% | 12% |