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The differences between corporate 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 corporate consultant and a strategy consultant. Additionally, a corporate consultant has an average salary of $127,275, which is higher than the $115,244 average annual salary of a strategy consultant.
The top three skills for a corporate consultant include project management, powerpoint and financial statements. The most important skills for a strategy consultant are healthcare, project management, and develop recommendations.
| Corporate Consultant | Strategy Consultant | |
| Yearly salary | $127,275 | $115,244 |
| Hourly rate | $61.19 | $55.41 |
| Growth rate | 11% | 11% |
| Number of jobs | 68,248 | 70,241 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A corporate consultant is a business expert; they provide advice, offer strategies to optimize operations, and solve business issues. They are responsible for conducting market research, conducting new market studies, gathering and assessing data from a business, and identifying the weaknesses and strengths of existing company programs. Through their research findings, a corporate consultant develops conclusions and recommendations to help companies make business decisions or achieve their goals.
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.
Corporate consultants and strategy consultants have different pay scales, as shown below.
| Corporate Consultant | Strategy Consultant | |
| Average salary | $127,275 | $115,244 |
| Salary range | Between $97,000 And $165,000 | Between $87,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | FTI Consulting | Mayo Clinic |
| Best paying industry | Professional | Finance |
There are a few differences between a corporate consultant and a strategy consultant in terms of educational background:
| Corporate Consultant | Strategy Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between corporate consultants' and strategy consultants' demographics:
| Corporate Consultant | Strategy Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.3% Female, 45.7% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 11.2% White, 66.5% 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% |