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The differences between business development consultants and senior business consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior business consultant has an average salary of $105,184, which is higher than the $85,153 average annual salary of a business development consultant.
The top three skills for a business development consultant include healthcare, CRM and cloud. The most important skills for a senior business consultant are data analysis, healthcare, and project management.
| Business Development Consultant | Senior Business Consultant | |
| Yearly salary | $85,153 | $105,184 |
| Hourly rate | $40.94 | $50.57 |
| Growth rate | 6% | 11% |
| Number of jobs | 168,111 | 144,929 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
A senior business consultant specializes in performing research and analysis to optimize business processes. Their responsibilities revolve around coordinating with different departments to gather necessary data, devising strategies to reduce cost, assess risks, and identify the strength and weaknesses of operations to recommend solutions. They may also train and mentor junior consultants, produce progress reports and presentations, and assist clients through calls and correspondence. Furthermore, as a consultant, it is essential to adhere to the company's policies and regulations, including its vision and mission.
Business development consultants and senior business consultants have different pay scales, as shown below.
| Business Development Consultant | Senior Business Consultant | |
| Average salary | $85,153 | $105,184 |
| Salary range | Between $52,000 And $137,000 | Between $81,000 And $136,000 |
| Highest paying City | Minneapolis, MN | Jersey City, NJ |
| Highest paying state | Pennsylvania | New Jersey |
| Best paying company | Veeva Systems | Anaplan |
| Best paying industry | Media | Professional |
There are a few differences between a business development consultant and a senior business consultant in terms of educational background:
| Business Development Consultant | Senior Business Consultant | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Northwestern University |
Here are the differences between business development consultants' and senior business consultants' demographics:
| Business Development Consultant | Senior Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.1% Female, 35.9% | Male, 69.2% Female, 30.8% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |