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The differences between consultants and strategy 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 consultant and a strategy consultant. Additionally, a strategy consultant has an average salary of $115,244, which is higher than the $78,912 average annual salary of a consultant.
The top three skills for a consultant include customer service, strong analytical and project management. The most important skills for a strategy consultant are healthcare, project management, and develop recommendations.
| Consultant | Strategy Consultant | |
| Yearly salary | $78,912 | $115,244 |
| Hourly rate | $37.94 | $55.41 |
| Growth rate | 11% | 11% |
| Number of jobs | 171,733 | 70,241 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.
A strategy consultant specializes in examining and analyzing business processes to identify areas needing improvement, ensuring to provide strategies for optimal performance. A strategy consultant may work as a member of a company or as a freelancer. Typically, their responsibilities revolve around discussing business vision and goals with clients, assessing the workflow and the workforce of a company, observing competitors, identifying risks, and recommending strategies for profitable growth and customer satisfaction. Furthermore, as a strategy consultant, it is essential to adhere to the company's vision and mission throughout the process.
Consultants and strategy consultants have different pay scales, as shown below.
| Consultant | Strategy Consultant | |
| Average salary | $78,912 | $115,244 |
| Salary range | Between $58,000 And $107,000 | Between $87,000 And $151,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | L.E.K. Consulting | Mayo Clinic |
| Best paying industry | Technology | Finance |
There are a few differences between a consultant and a strategy consultant in terms of educational background:
| Consultant | Strategy Consultant | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between consultants' and strategy consultants' demographics:
| Consultant | Strategy Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.4% Female, 41.6% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.8% White, 65.0% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |