Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business executives and business advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business advisor has an average salary of $96,469, which is higher than the $63,101 average annual salary of a business executive.
The top three skills for a business executive include customer service, customer satisfaction and revenue growth. The most important skills for a business advisor are customer service, project management, and business operations.
| Business Executive | Business Advisor | |
| Yearly salary | $63,101 | $96,469 |
| Hourly rate | $30.34 | $46.38 |
| Growth rate | 6% | 6% |
| Number of jobs | 138,097 | 125,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 6 | - |
The duties of a business executive depend upon their position and industry of employment. In general, they are in charge of spearheading and overseeing business operations to ensure that everything runs smoothly and efficiently. They typically have the power to make corporate decisions, set goals and budgets, establish guidelines and timelines, negotiate with potential business partners, and develop business strategies to optimize overall operations. Moreover, a business executive implements and promotes company policies and regulations, creating new ones as needed.
Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts. Business advisors also help to manage risk by performing risk analysis and consumer behavioral analysis. They are involved in report preparation and work to maintain open communication with different departments to implement change.
Business executives and business advisors have different pay scales, as shown below.
| Business Executive | Business Advisor | |
| Average salary | $63,101 | $96,469 |
| Salary range | Between $29,000 And $135,000 | Between $67,000 And $138,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | The Walt Disney Company | Amazon |
| Best paying industry | - | Technology |
There are a few differences between a business executive and a business advisor in terms of educational background:
| Business Executive | Business Advisor | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between business executives' and business advisors' demographics:
| Business Executive | Business Advisor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 63.9% Female, 36.1% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 10% | 11% |