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The differences between internal 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 an internal consultant and a business consultant. Additionally, an internal consultant has an average salary of $91,097, which is higher than the $87,214 average annual salary of a business consultant.
The top three skills for an internal consultant include project management, process improvement and internal controls. The most important skills for a business consultant are data analysis, project management, and strong analytical.
| Internal Consultant | Business Consultant | |
| Yearly salary | $91,097 | $87,214 |
| Hourly rate | $43.80 | $41.93 |
| Growth rate | 11% | 11% |
| Number of jobs | 70,927 | 128,033 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An internal consultant is responsible for providing consultation on the business process and operations to identify key areas of improvement and review its effectiveness to support the business goals and objectives. Internal consultants must have excellent organizational skills and expertise in business planning and project management to strategize and improve existing methodologies that would raise the company's performance. They also develop training and programs necessary for the employees to maximize their productivity and manage efficiency.
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.
Internal consultants and business consultants have different pay scales, as shown below.
| Internal Consultant | Business Consultant | |
| Average salary | $91,097 | $87,214 |
| Salary range | Between $67,000 And $122,000 | Between $64,000 And $117,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | Citi | ZS |
| Best paying industry | Technology | Technology |
There are a few differences between an internal consultant and a business consultant in terms of educational background:
| Internal Consultant | Business Consultant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between internal consultants' and business consultants' demographics:
| Internal Consultant | Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.8% Female, 37.2% | Male, 62.8% Female, 37.2% |
| Race ratio | Black or African American, 8.5% Unknown, 4.5% Hispanic or Latino, 9.2% Asian, 12.4% White, 65.3% 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 | 12% | 12% |