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Business executive vs business consultant

The differences between business executives and business consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business executive, becoming a business consultant takes usually requires 2-4 years. Additionally, a business consultant has an average salary of $87,214, 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 consultant are data analysis, project management, and strong analytical.

Business executive vs business consultant overview

Business ExecutiveBusiness Consultant
Yearly salary$63,101$87,214
Hourly rate$30.34$41.93
Growth rate6%11%
Number of jobs138,097128,033
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Average age4444
Years of experience64

What does a business executive do?

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.

What does a business consultant do?

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.

Business executive vs business consultant salary

Business executives and business consultants have different pay scales, as shown below.

Business ExecutiveBusiness Consultant
Average salary$63,101$87,214
Salary rangeBetween $29,000 And $135,000Between $64,000 And $117,000
Highest paying CityAlbany, NYSan Francisco, CA
Highest paying stateNew YorkAlaska
Best paying companyThe Walt Disney CompanyZS
Best paying industry-Technology

Differences between business executive and business consultant education

There are a few differences between a business executive and a business consultant in terms of educational background:

Business ExecutiveBusiness Consultant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Business executive vs business consultant demographics

Here are the differences between business executives' and business consultants' demographics:

Business ExecutiveBusiness Consultant
Average age4444
Gender ratioMale, 59.9% Female, 40.1%Male, 62.8% Female, 37.2%
Race ratioBlack 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2%
LGBT Percentage10%12%

Differences between business executive and business consultant duties and responsibilities

Business executive example responsibilities.

  • Manage origination initiatives associate with business accounts, treasury products, and loans while adhering to bank compliance procedures.
  • Consult with businesses to supply accurate product and service information in healthcare territory.
  • Utilize visualization techniques, forecasting, modeling, statistical analysis, and predictive analytics to design and maintain internal business solutions.
  • Require extensive knowledge of trusts, annuities, mutual funds, stocks, capital markets and mortgages.

Business consultant example responsibilities.

  • Partner with PMO and lead testing effort to ensure completeness of test data sets and to manage risk.
  • Manage requirements gathering, identify KPI s, and oversee design and architecture decisions.
  • Manage various SOX, HIPAA and PCI compliance projects from the planning stages to completion.
  • Apply the specific rules for HIPAA X12, Medicaid manage care requirements and industry best practices for transaction handling.
  • Manage external technology suppliers to assure functional operations and system architecture meet the business needs.
  • Perform successful UAT - good knowledge & experience in SDLC - SQL querying and data analysis.
  • Show more

Business executive vs business consultant skills

Common business executive skills
  • Customer Service, 22%
  • Customer Satisfaction, 12%
  • Revenue Growth, 10%
  • Emerging Technologies, 8%
  • Healthcare, 5%
  • Business Development, 5%
Common business consultant skills
  • Data Analysis, 10%
  • Project Management, 9%
  • Strong Analytical, 8%
  • Analytics, 7%
  • Healthcare, 5%
  • Tableau, 5%

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