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The differences between business strategy consultants and business 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 strategy consultant and a business consultant. Additionally, a business strategy consultant has an average salary of $115,742, which is higher than the $87,214 average annual salary of a business consultant.
The top three skills for a business strategy consultant include cloud, business cases and project management. The most important skills for a business consultant are data analysis, project management, and strong analytical.
| Business Strategy Consultant | Business Consultant | |
| Yearly salary | $115,742 | $87,214 |
| Hourly rate | $55.65 | $41.93 |
| Growth rate | 11% | 11% |
| Number of jobs | 123,920 | 128,033 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business strategy consultant specializes in developing strategies to help a company achieve its short and long-term goals. Their responsibilities typically include understanding the needs of the company, performing research and analysis to identify new business opportunities, gathering and analyzing data to determine the strengths and weaknesses of current operations, studying the competitors, and preparing detailed analysis reports and presentations for clients. It is also their duty to monitor the progress of implemented strategies, conducting corrective measures when needed. Furthermore, a business strategy consultant must adhere to the company's policies and regulations, including its vision and mission.
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 strategy consultants and business consultants have different pay scales, as shown below.
| Business Strategy Consultant | Business Consultant | |
| Average salary | $115,742 | $87,214 |
| Salary range | Between $79,000 And $169,000 | Between $64,000 And $117,000 |
| Highest paying City | Dallas, TX | San Francisco, CA |
| Highest paying state | Texas | Alaska |
| Best paying company | ZS | |
| Best paying industry | Utilities | Technology |
There are a few differences between a business strategy consultant and a business consultant in terms of educational background:
| Business Strategy Consultant | Business Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business strategy consultants' and business consultants' demographics:
| Business Strategy Consultant | Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 62.8% Female, 37.2% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% American Indian and Alaska Native, 0.2% | 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 Percentage | 12% | 12% |