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Graduate consultant vs management consultant

The differences between graduate consultants and 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 a graduate consultant and a management consultant. Additionally, a management consultant has an average salary of $99,360, 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 management consultant are healthcare, project management, and portfolio.

Graduate consultant vs management consultant overview

Graduate ConsultantManagement Consultant
Yearly salary$70,036$99,360
Hourly rate$33.67$47.77
Growth rate11%11%
Number of jobs56,824153,045
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 67%
Average age4444
Years of experience44

Graduate consultant vs management consultant salary

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

Graduate ConsultantManagement Consultant
Average salary$70,036$99,360
Salary rangeBetween $58,000 And $84,000Between $72,000 And $136,000
Highest paying City-Jersey City, NJ
Highest paying state-New Jersey
Best paying company-Apple
Best paying industry-Technology

Differences between graduate consultant and management consultant education

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

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

Graduate consultant vs management consultant demographics

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

Graduate ConsultantManagement Consultant
Average age4444
Gender ratioMale, 43.8% Female, 56.2%Male, 65.9% Female, 34.1%
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, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.6% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage12%12%

Differences between graduate consultant and management 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.

Management consultant example responsibilities.

  • Streamline and program manage operations for end-to-end creation of all assets using Smartsheet.
  • Lead daily agile scrum meetings towards the end of the development phase of the project.
  • Monitor and control project schedule for SaaS product to achieve project deliveries in at least 95th percentile.
  • Lead teams in implementation of value map streaming, ISO 9000 and waste reduction in manufacturing process.
  • Manage functional design team activities using baseline scope document information and develop process standards in line with SDLC methodologies.
  • Develop light-weight (fast) proprietary cloud-base licensing engine and UI to manage and track end user subscription licenses.
  • Show more

Graduate consultant vs management consultant skills

Common graduate consultant skills
  • R, 14%
  • Financial Models, 13%
  • Market Research, 11%
  • Data Analysis, 5%
  • Data Collection, 4%
  • Statistical Analysis, 3%
Common management consultant skills
  • Healthcare, 9%
  • Project Management, 7%
  • Portfolio, 6%
  • Business Process, 5%
  • Business Strategy, 5%
  • Business Development, 4%

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