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The differences between business strategy consultants and senior 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 consultant. Additionally, a business strategy consultant has an average salary of $115,742, which is higher than the $100,188 average annual salary of a senior consultant.
The top three skills for a business strategy consultant include cloud, business cases and project management. The most important skills for a senior consultant are healthcare, project management, and java.
| Business Strategy Consultant | Senior Consultant | |
| Yearly salary | $115,742 | $100,188 |
| Hourly rate | $55.65 | $48.17 |
| Growth rate | 11% | 11% |
| Number of jobs | 123,920 | 241,206 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| 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.
Senior consultants are individual contributors whose services are tapped by the organization for guidance on specific projects. They are experienced experts in a particular field that the company operates in or would like to have projects in. They are given primers on specific projects, and they comment on the feasibility of the undertaking. Once the task is deemed feasible, senior consultants act as guides throughout the project's planning and initial implementation stages. They provide their expert opinion to ensure the success of the project.
Business strategy consultants and senior consultants have different pay scales, as shown below.
| Business Strategy Consultant | Senior Consultant | |
| Average salary | $115,742 | $100,188 |
| Salary range | Between $79,000 And $169,000 | Between $76,000 And $131,000 |
| Highest paying City | Dallas, TX | Washington, DC |
| Highest paying state | Texas | New Jersey |
| Best paying company | Conning | |
| Best paying industry | Utilities | Finance |
There are a few differences between a business strategy consultant and a senior consultant in terms of educational background:
| Business Strategy Consultant | Senior Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business strategy consultants' and senior consultants' demographics:
| Business Strategy Consultant | Senior Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 65.3% Female, 34.7% | Male, 69.9% Female, 30.1% |
| 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, 8.4% Asian, 14.2% White, 65.3% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |