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Commercial specialist vs management consultant

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 vs management consultant overview

Commercial SpecialistManagement Consultant
Yearly salary$55,619$99,360
Hourly rate$26.74$47.77
Growth rate11%11%
Number of jobs48,979153,045
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 67%
Average age4444
Years of experience44

What does a commercial specialist do?

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.

What does a management consultant do?

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 specialist vs management consultant salary

Commercial specialists and management consultants have different pay scales, as shown below.

Commercial SpecialistManagement Consultant
Average salary$55,619$99,360
Salary rangeBetween $31,000 And $97,000Between $72,000 And $136,000
Highest paying CityMenlo Park, CAJersey City, NJ
Highest paying stateWashingtonNew Jersey
Best paying companyBain & CompanyApple
Best paying industryTransportationTechnology

Differences between commercial specialist and management consultant education

There are a few differences between a commercial specialist and a management consultant in terms of educational background:

Commercial SpecialistManagement Consultant
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Commercial specialist vs management consultant demographics

Here are the differences between commercial specialists' and management consultants' demographics:

Commercial SpecialistManagement Consultant
Average age4444
Gender ratioMale, 52.7% Female, 47.3%Male, 65.9% Female, 34.1%
Race ratioBlack 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 Percentage12%12%

Differences between commercial specialist and management consultant duties and responsibilities

Commercial specialist example responsibilities.

  • Develop service proposals to gain new profitable accounts by utilizing CRM to manage and retain sales.
  • Manage customer negotiation processes and improve various existing work process flows.
  • Analyze and support development and execution of underwriting, automation and operational strategies to efficiently and effectively manage the portfolio.
  • Maintain existing customers by utilizing creative problem solving and negotiation skills to resolve customer issues.
  • Utilize CRM software to build rapport and business relationships with key account managers in local business entities throughout the area.
  • Follow loan from origination to closings.
  • Show more

Management consultant example responsibilities.

  • Streamline and program manage operations for end-to-end creation of all assets using Smartsheet.
  • Lead daily agile scrum meetings towards the end of the development phase of the project.
  • Monitor and control project schedule for SaaS product to achieve project deliveries in at least 95th percentile.
  • Lead teams in implementation of value map streaming, ISO 9000 and waste reduction in manufacturing process.
  • Manage functional design team activities using baseline scope document information and develop process standards in line with SDLC methodologies.
  • Develop light-weight (fast) proprietary cloud-base licensing engine and UI to manage and track end user subscription licenses.
  • Show more

Commercial specialist vs management consultant skills

Common commercial specialist skills
  • Customer Service, 32%
  • Portfolio, 15%
  • Commercial Loans, 5%
  • Real Estate, 5%
  • Product Knowledge, 4%
  • Booking, 4%
Common management consultant skills
  • Healthcare, 9%
  • Project Management, 7%
  • Portfolio, 6%
  • Business Process, 5%
  • Business Strategy, 5%
  • Business Development, 4%

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