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The differences between business management consultants and management analysts 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 management analyst. Additionally, a business management consultant has an average salary of $107,407, which is higher than the $69,804 average annual salary of a management analyst.
The top three skills for a business management consultant include project management, client facing and healthcare. The most important skills for a management analyst are customer service, project management, and logistics.
| Business Management Consultant | Management Analyst | |
| Yearly salary | $107,407 | $69,804 |
| Hourly rate | $51.64 | $33.56 |
| Growth rate | 11% | 11% |
| Number of jobs | 171,313 | 169,171 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| 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.
A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.
Business management consultants and management analysts have different pay scales, as shown below.
| Business Management Consultant | Management Analyst | |
| Average salary | $107,407 | $69,804 |
| Salary range | Between $80,000 And $143,000 | Between $49,000 And $98,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Colorado | New Jersey |
| Best paying company | Applied Materials | The Citadel |
| Best paying industry | Internet | Professional |
There are a few differences between a business management consultant and a management analyst in terms of educational background:
| Business Management Consultant | Management Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business management consultants' and management analysts' demographics:
| Business Management Consultant | Management Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 46.5% Female, 53.5% |
| 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, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.7% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |