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The differences between directors, managing consultant and management consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director, managing consultant, becoming a management consultant takes usually requires 2-4 years. Additionally, a director, managing consultant has an average salary of $150,262, which is higher than the $99,360 average annual salary of a management consultant.
The top three skills for a director, managing consultant include pre sales, project management and lifecycle management. The most important skills for a management consultant are healthcare, project management, and portfolio.
| Director, Managing Consultant | Management Consultant | |
| Yearly salary | $150,262 | $99,360 |
| Hourly rate | $72.24 | $47.77 |
| Growth rate | 10% | 11% |
| Number of jobs | 94,442 | 153,045 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
A managing consultant director oversees and spearheads department operations in a company, ensuring everything runs smoothly and efficiently. They serve as the driving force of every program and project by setting goals and timelines, establishing budgets and strategies, and leading procedures from planning to execution. In some companies, they also participate in providing consultation services, liaising with internal and external parties, and solving issues and concerns when any arise. Moreover, as a director, it is their duty to monitor the workflow while implementing company policies and regulations.
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.
Directors, managing consultant and management consultants have different pay scales, as shown below.
| Director, Managing Consultant | Management Consultant | |
| Average salary | $150,262 | $99,360 |
| Salary range | Between $106,000 And $211,000 | Between $72,000 And $136,000 |
| Highest paying City | Providence, RI | Jersey City, NJ |
| Highest paying state | Rhode Island | New Jersey |
| Best paying company | AlixPartners | Apple |
| Best paying industry | Technology | Technology |
There are a few differences between a director, managing consultant and a management consultant in terms of educational background:
| Director, Managing Consultant | Management Consultant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between directors, managing consultant' and management consultants' demographics:
| Director, Managing Consultant | Management Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 74.6% Female, 25.4% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% 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 | 10% | 12% |