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The differences between business strategy consultants and senior 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 senior business consultant. Additionally, a business strategy consultant has an average salary of $115,742, which is higher than the $105,184 average annual salary of a senior business consultant.
The top three skills for a business strategy consultant include cloud, business cases and project management. The most important skills for a senior business consultant are data analysis, healthcare, and project management.
| Business Strategy Consultant | Senior Business Consultant | |
| Yearly salary | $115,742 | $105,184 |
| Hourly rate | $55.65 | $50.57 |
| Growth rate | 11% | 11% |
| Number of jobs | 123,920 | 144,929 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| 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 senior business consultant specializes in performing research and analysis to optimize business processes. Their responsibilities revolve around coordinating with different departments to gather necessary data, devising strategies to reduce cost, assess risks, and identify the strength and weaknesses of operations to recommend solutions. They may also train and mentor junior consultants, produce progress reports and presentations, and assist clients through calls and correspondence. Furthermore, as a consultant, it is essential to adhere to the company's policies and regulations, including its vision and mission.
Business strategy consultants and senior business consultants have different pay scales, as shown below.
| Business Strategy Consultant | Senior Business Consultant | |
| Average salary | $115,742 | $105,184 |
| Salary range | Between $79,000 And $169,000 | Between $81,000 And $136,000 |
| Highest paying City | Dallas, TX | Jersey City, NJ |
| Highest paying state | Texas | New Jersey |
| Best paying company | Anaplan | |
| Best paying industry | Utilities | Professional |
There are a few differences between a business strategy consultant and a senior business consultant in terms of educational background:
| Business Strategy Consultant | Senior Business Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business strategy consultants' and senior business consultants' demographics:
| Business Strategy Consultant | Senior Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 69.2% Female, 30.8% |
| 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, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |