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The differences between business management consultants and consultants 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 management consultant and a consultant. Additionally, a business management consultant has an average salary of $107,407, which is higher than the $78,912 average annual salary of a consultant.
The top three skills for a business management consultant include project management, client facing and healthcare. The most important skills for a consultant are customer service, strong analytical, and project management.
| Business Management Consultant | Consultant | |
| Yearly salary | $107,407 | $78,912 |
| Hourly rate | $51.64 | $37.94 |
| Growth rate | 11% | 11% |
| Number of jobs | 171,313 | 171,733 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business management consultant develops and recommends strategies to optimize the daily operations of businesses. They typically perform extensive research and analysis to identify new business and client opportunities, find ways to enhance resources, gather and analyze data, determine the strengths and weaknesses of current operations, and develop solutions against problem areas. They may also perform risk assessments and audits, assess the workforce performance, and evaluate the existing policies and regulations of the company, suggesting new ones as necessary.
Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.
Business management consultants and consultants have different pay scales, as shown below.
| Business Management Consultant | Consultant | |
| Average salary | $107,407 | $78,912 |
| Salary range | Between $80,000 And $143,000 | Between $58,000 And $107,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Colorado | New Jersey |
| Best paying company | Applied Materials | L.E.K. Consulting |
| Best paying industry | Internet | Technology |
There are a few differences between a business management consultant and a consultant in terms of educational background:
| Business Management Consultant | Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business management consultants' and consultants' demographics:
| Business Management Consultant | Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 58.4% Female, 41.6% |
| Race ratio | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.0% White, 65.9% American Indian and Alaska Native, 0.2% | Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.8% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |