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The differences between executive consultants and business consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an executive consultant, becoming a business consultant takes usually requires 2-4 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $87,214 average annual salary of a business consultant.
The top three skills for an executive consultant include healthcare, business development and financial services. The most important skills for a business consultant are data analysis, project management, and strong analytical.
| Executive Consultant | Business Consultant | |
| Yearly salary | $131,331 | $87,214 |
| Hourly rate | $63.14 | $41.93 |
| Growth rate | 10% | 11% |
| Number of jobs | 118,432 | 128,033 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.
A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.
Executive consultants and business consultants have different pay scales, as shown below.
| Executive Consultant | Business Consultant | |
| Average salary | $131,331 | $87,214 |
| Salary range | Between $90,000 And $190,000 | Between $64,000 And $117,000 |
| Highest paying City | South San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Alaska |
| Best paying company | Mayo Clinic | ZS |
| Best paying industry | Technology | Technology |
There are a few differences between an executive consultant and a business consultant in terms of educational background:
| Executive Consultant | Business Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between executive consultants' and business consultants' demographics:
| Executive Consultant | Business Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 67.2% Female, 32.8% | Male, 62.8% Female, 37.2% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |