Economic consultant vs program management consultant

The differences between economic consultants and program 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 an economic consultant and a program management consultant. Additionally, a program management consultant has an average salary of $101,157, which is higher than the $81,767 average annual salary of an economic consultant.

The top three skills for an economic consultant include SAS, SQL and data analysis. The most important skills for a program management consultant are customer service, project management, and management program.

Economic consultant vs program management consultant overview

	Economic Consultant	Program Management Consultant
Yearly salary	$81,767	$101,157
Hourly rate	$39.31	$48.63
Growth rate	11%	11%
Number of jobs	75,508	177,578
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 68%
Average age	44	44
Years of experience	4	4

What does an economic consultant do?

An economic consultant is responsible for analyzing data statistics and market conditions that affect the performance of the production and manufacturing processes of an organization. Economic consultants develop business plans to address economic difficulties based on the research and data methodologies. They write reports for the management's reference and discuss sales forecasts, as well as the availability of resources depending on the market changes. An economic consultant should have excellent communication and analytical skills, especially in helping the organization identify opportunities in the long run that would generate more revenues and profits.

What does a program management consultant do?

A program management consultant is responsible for analyzing project requirements based on clients' specifications, developing quality improvement techniques, and reviewing project deliverables. Program management consultants work closely with the project team to identify project initiatives and resolve complexities that may arise. They also inspect the resources and materials to be utilized during the project and determine cost-reduction processes without compromising quality and efficiency. A program management consultant coordinates with the clients for progress updates and informs them of any plan adjustments as needed.

Economic consultant vs program management consultant salary

Economic consultants and program management consultants have different pay scales, as shown below.

	Economic Consultant	Program Management Consultant
Average salary	$81,767	$101,157
Salary range	Between $55,000 And $121,000	Between $74,000 And $137,000
Highest paying City	Washington, DC	Washington, DC
Highest paying state	Massachusetts	Maryland
Best paying company	Bates White, LLC	eBay
Best paying industry	Professional	Technology

Differences between economic consultant and program management consultant education

There are a few differences between an economic consultant and a program management consultant in terms of educational background:

	Economic Consultant	Program Management Consultant
Most common degree	Bachelor's Degree, 56%	Bachelor's Degree, 68%
Most common major	Economics	Business
Most common college	Northwestern University	Northwestern University

Economic consultant vs program management consultant demographics

Here are the differences between economic consultants' and program management consultants' demographics:

	Economic Consultant	Program Management Consultant
Average age	44	44
Gender ratio	Male, 64.1% Female, 35.9%	Male, 60.6% Female, 39.4%
Race ratio	Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2%	Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 13.4% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between economic consultant and program management consultant duties and responsibilities

Economic consultant example responsibilities.

Provide SharePoint development and administration, budget and financial reporting; manage invoicing; and develop training manuals and user guides.
Generate and analyze data sets using SAS.
Modify legacy SAS code to run more reliably and e ciently.
Educate professionals on the CPT coding system and the circumstances under which private insurers and Medicaid would accept claims.
Focuse on business strategy, sustainability in LATAM, and the influence of macro trends on specific investment opportunities.
Maintain and handle the delivery of key findings base on clinical results and financial risk to improve customer ROI.

Program management consultant example responsibilities.

Manage all aspects of budget, logistics, resources, facilitation, execution, reporting, and documentation.
Manage logistics for faculty, support staff and participants including travel, housing, site selection, and equipment needs.
Manage group SharePoint site as administrator\designer implementing InfoPath forms, macro designs, and maintenance.
Manage multiple software development tracts to successfully deploy business analytics functionality to multiple business owners and end-users at Microsoft.
Design architecture of business process in order to fully vet requirement needs.
Define document architecture and library structure, maintain security, and oversee day to day administration.

Economic consultant vs program management consultant skills

Common economic consultant skills

SAS, 19%
SQL, 18%
Data Analysis, 11%
Financial Analysis, 10%
PowerPoint, 6%
Statistical Analyses, 5%

Common program management consultant skills

Customer Service, 9%
Project Management, 9%
Management Program, 7%
Healthcare, 7%
HR, 5%
Scrum, 4%

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Economic Consultant
Economic Consultant vs Program Management Consultant

Updated January 8, 2025

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