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The differences between business solutions consultants and management 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 solutions consultant and a management consultant. Additionally, a management consultant has an average salary of $99,360, which is higher than the $96,777 average annual salary of a business solutions consultant.
The top three skills for a business solutions consultant include customer satisfaction, project management and client facing. The most important skills for a management consultant are healthcare, project management, and portfolio.
| Business Solutions Consultant | Management Consultant | |
| Yearly salary | $96,777 | $99,360 |
| Hourly rate | $46.53 | $47.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 147,079 | 153,045 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business solutions consultant specializes in recommending ways to optimize company operations using their expertise in the industry. They are typically working with the management team where they perform research and analysis to identify new business opportunities, assess existing systems to identify areas needing improvement, coordinate with other staff to gather and analyze data, develop and implement solutions in problem areas, and devise strategies to optimize workforce operations. Furthermore, it is essential to come up with solutions while adherence to the company's policies and regulations, including its vision and mission.
A management consultant's responsibility focuses on conducting an in-depth analysis of a company or business, including its target market. Through their findings, they can devise strategies that will help the business grow and attain a significant profit. There are also instances when a management consultant must solve particular issues that will require them to investigate the problem, assess damages, identify risks, and recommend the best solutions to take. Furthermore, a management consultant must adhere to the company's vision, mission, and policies at all times.
Business solutions consultants and management consultants have different pay scales, as shown below.
| Business Solutions Consultant | Management Consultant | |
| Average salary | $96,777 | $99,360 |
| Salary range | Between $70,000 And $132,000 | Between $72,000 And $136,000 |
| Highest paying City | Braintree Town, MA | Jersey City, NJ |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | Apple | |
| Best paying industry | - | Technology |
There are a few differences between a business solutions consultant and a management consultant in terms of educational background:
| Business Solutions Consultant | Management Consultant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business solutions consultants' and management consultants' demographics:
| Business Solutions Consultant | Management Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 67.4% Female, 32.6% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 8.5% Unknown, 4.5% Hispanic or Latino, 9.2% Asian, 12.2% White, 65.4% American Indian and Alaska Native, 0.2% | Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.6% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |