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The differences between business strategy consultants and project 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 project consultant. Additionally, a business strategy consultant has an average salary of $115,742, which is higher than the $86,654 average annual salary of a project consultant.
The top three skills for a business strategy consultant include cloud, business cases and project management. The most important skills for a project consultant are customer service, project management, and client facing.
| Business Strategy Consultant | Project Consultant | |
| Yearly salary | $115,742 | $86,654 |
| Hourly rate | $55.65 | $41.66 |
| Growth rate | 11% | 11% |
| Number of jobs | 123,920 | 113,013 |
| 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 project consultant is responsible for communicating with the clients for their specific needs, develop strategic plans, and determine project resources to achieve their business goals and objectives. Project consultants are employed across various industries, offering their knowledge and expertise to facilitate clients' requests and propositions. They also collaborate with different development teams to discuss project parameters and analyze opportunities to improve plans and progress efficiency. A project consultant must have excellent communication and critical-thinking skills, responding to clients' inquiries and concerns, and providing recommendations to ensure successful project completion.
Business strategy consultants and project consultants have different pay scales, as shown below.
| Business Strategy Consultant | Project Consultant | |
| Average salary | $115,742 | $86,654 |
| Salary range | Between $79,000 And $169,000 | Between $59,000 And $126,000 |
| Highest paying City | Dallas, TX | Newark, NJ |
| Highest paying state | Texas | New Jersey |
| Best paying company | Dell | |
| Best paying industry | Utilities | - |
There are a few differences between a business strategy consultant and a project consultant in terms of educational background:
| Business Strategy Consultant | Project 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 project consultants' demographics:
| Business Strategy Consultant | Project Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 61.9% Female, 38.1% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |