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The differences between business consultants and accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business consultant and an accountant. Additionally, a business consultant has an average salary of $87,214, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for a business consultant include data analysis, project management and strong analytical. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Business Consultant | Accountant | |
| Yearly salary | $87,214 | $54,890 |
| Hourly rate | $41.93 | $26.39 |
| Growth rate | 11% | 6% |
| Number of jobs | 128,033 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Business consultants and accountants have different pay scales, as shown below.
| Business Consultant | Accountant | |
| Average salary | $87,214 | $54,890 |
| Salary range | Between $64,000 And $117,000 | Between $41,000 And $72,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Alaska | New York |
| Best paying company | ZS | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a business consultant and an accountant in terms of educational background:
| Business Consultant | Accountant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Most common major | Business | Accounting |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between business consultants' and accountants' demographics:
| Business Consultant | Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.8% Female, 37.2% | Male, 38.2% Female, 61.8% |
| Race ratio | 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% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 7% |