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Graduate consultant vs business consultant

The differences between graduate consultants and business 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 graduate consultant and a business consultant. Additionally, a business consultant has an average salary of $87,214, which is higher than the $70,036 average annual salary of a graduate consultant.

The top three skills for a graduate consultant include R, financial models and market research. The most important skills for a business consultant are data analysis, project management, and strong analytical.

Graduate consultant vs business consultant overview

Graduate ConsultantBusiness Consultant
Yearly salary$70,036$87,214
Hourly rate$33.67$41.93
Growth rate11%11%
Number of jobs56,824128,033
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 67%
Average age4444
Years of experience44

Graduate consultant vs business consultant salary

Graduate consultants and business consultants have different pay scales, as shown below.

Graduate ConsultantBusiness Consultant
Average salary$70,036$87,214
Salary rangeBetween $58,000 And $84,000Between $64,000 And $117,000
Highest paying City-San Francisco, CA
Highest paying state-Alaska
Best paying company-ZS
Best paying industry-Technology

Differences between graduate consultant and business consultant education

There are a few differences between a graduate consultant and a business consultant in terms of educational background:

Graduate ConsultantBusiness Consultant
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 67%
Most common majorPsychologyBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Graduate consultant vs business consultant demographics

Here are the differences between graduate consultants' and business consultants' demographics:

Graduate ConsultantBusiness Consultant
Average age4444
Gender ratioMale, 43.8% Female, 56.2%Male, 62.8% Female, 37.2%
Race ratioBlack 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%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 Percentage12%12%

Differences between graduate consultant and business consultant duties and responsibilities

Graduate consultant example responsibilities.

  • Attain and practice medical insurance information rapidly and correctly; including main carriers and Medicaid.
  • Identify ROI & SROI values and metrics to monitor both for future valuation and grant development.
  • Collaborate with a team of four MBA candidates to evaluate the social media platforms and ROI of spend.
  • Define and document a new application architecture which load client databases with properly format data using in-house develop Java ETL applications.
  • Lead consulting projects focus on optimizing specific business KPIs through strategy and product recommendations.

Business consultant example responsibilities.

  • Partner with PMO and lead testing effort to ensure completeness of test data sets and to manage risk.
  • Manage requirements gathering, identify KPI s, and oversee design and architecture decisions.
  • Manage various SOX, HIPAA and PCI compliance projects from the planning stages to completion.
  • Apply the specific rules for HIPAA X12, Medicaid manage care requirements and industry best practices for transaction handling.
  • Manage external technology suppliers to assure functional operations and system architecture meet the business needs.
  • Perform successful UAT - good knowledge & experience in SDLC - SQL querying and data analysis.
  • Show more

Graduate consultant vs business consultant skills

Common graduate consultant skills
  • R, 14%
  • Financial Models, 13%
  • Market Research, 11%
  • Data Analysis, 5%
  • Data Collection, 4%
  • Statistical Analysis, 3%
Common business consultant skills
  • Data Analysis, 10%
  • Project Management, 9%
  • Strong Analytical, 8%
  • Analytics, 7%
  • Healthcare, 5%
  • Tableau, 5%

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