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The differences between executive consultants and senior 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 senior business consultant takes usually requires 2-4 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $105,184 average annual salary of a senior business consultant.
The top three skills for an executive consultant include healthcare, business development and financial services. The most important skills for a senior business consultant are data analysis, healthcare, and project management.
| Executive Consultant | Senior Business Consultant | |
| Yearly salary | $131,331 | $105,184 |
| Hourly rate | $63.14 | $50.57 |
| Growth rate | 10% | 11% |
| Number of jobs | 118,432 | 144,929 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| 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 senior business consultant specializes in performing research and analysis to optimize business processes. Their responsibilities revolve around coordinating with different departments to gather necessary data, devising strategies to reduce cost, assess risks, and identify the strength and weaknesses of operations to recommend solutions. They may also train and mentor junior consultants, produce progress reports and presentations, and assist clients through calls and correspondence. Furthermore, as a consultant, it is essential to adhere to the company's policies and regulations, including its vision and mission.
Executive consultants and senior business consultants have different pay scales, as shown below.
| Executive Consultant | Senior Business Consultant | |
| Average salary | $131,331 | $105,184 |
| Salary range | Between $90,000 And $190,000 | Between $81,000 And $136,000 |
| Highest paying City | South San Francisco, CA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | Mayo Clinic | Anaplan |
| Best paying industry | Technology | Professional |
There are a few differences between an executive consultant and a senior business consultant in terms of educational background:
| Executive Consultant | Senior Business Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between executive consultants' and senior business consultants' demographics:
| Executive Consultant | Senior Business Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 67.2% Female, 32.8% | Male, 69.2% Female, 30.8% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |