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The differences between commercial specialists 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 commercial specialist and a management consultant. Additionally, a management consultant has an average salary of $99,360, which is higher than the $55,619 average annual salary of a commercial specialist.
The top three skills for a commercial specialist include customer service, portfolio and commercial loans. The most important skills for a management consultant are healthcare, project management, and portfolio.
| Commercial Specialist | Management Consultant | |
| Yearly salary | $55,619 | $99,360 |
| Hourly rate | $26.74 | $47.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 48,979 | 153,045 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Commercial specialists are professional analysts who assist their firms by developing marketing strategies, identifying business opportunities to provide data for reporting, planning, and executing trade events. These specialists investigate and write recommendations to match businesses and resolve sensitive trade complaints. Their list of responsibilities includes organizing events or meetings, supervising contractors, preparing promotional and briefing materials, and a lot more. When the events, products, and services are assigned, they follow up with their clients about them to determine their success accurately.
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.
Commercial specialists and management consultants have different pay scales, as shown below.
| Commercial Specialist | Management Consultant | |
| Average salary | $55,619 | $99,360 |
| Salary range | Between $31,000 And $97,000 | Between $72,000 And $136,000 |
| Highest paying City | Menlo Park, CA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | Bain & Company | Apple |
| Best paying industry | Transportation | Technology |
There are a few differences between a commercial specialist and a management consultant in terms of educational background:
| Commercial Specialist | Management Consultant | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between commercial specialists' and management consultants' demographics:
| Commercial Specialist | Management Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 52.7% Female, 47.3% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 9.8% White, 68.0% 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% |