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Management scientist vs management consultant

The differences between management scientists 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 management scientist and a management consultant. Additionally, a management consultant has an average salary of $99,360, which is higher than the $82,587 average annual salary of a management scientist.

The top three skills for a management scientist include data analysis, project management and FDA. The most important skills for a management consultant are healthcare, project management, and portfolio.

Management scientist vs management consultant overview

Management ScientistManagement Consultant
Yearly salary$82,587$99,360
Hourly rate$39.71$47.77
Growth rate17%11%
Number of jobs105,513153,045
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 67%
Average age4144
Years of experience44

What does a management scientist do?

A management scientist manages molecular data. The most preferred skills of an individual who wants to become a management scientist are observation, communication, and critical thinking. They are the ones who are responsible for FDA compliance, operations research, and data analysis of an organization.

What does a management consultant do?

A management consultant's responsibility focuses on conducting an in-depth analysis of a company or business, including its target market. Through their findings, they can devise strategies that will help the business grow and attain a significant profit. There are also instances when a management consultant must solve particular issues that will require them to investigate the problem, assess damages, identify risks, and recommend the best solutions to take. Furthermore, a management consultant must adhere to the company's vision, mission, and policies at all times.

Management scientist vs management consultant salary

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

Management ScientistManagement Consultant
Average salary$82,587$99,360
Salary rangeBetween $53,000 And $127,000Between $72,000 And $136,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyMetaApple
Best paying industry-Technology

Differences between management scientist and management consultant education

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

Management ScientistManagement Consultant
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 67%
Most common majorBiologyBusiness
Most common collegeUniversity of Southern CaliforniaNorthwestern University

Management scientist vs management consultant demographics

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

Management ScientistManagement Consultant
Average age4144
Gender ratioMale, 57.7% Female, 42.3%Male, 65.9% Female, 34.1%
Race ratioBlack or African American, 6.5% Unknown, 4.2% Hispanic or Latino, 9.8% Asian, 26.2% White, 53.1% American Indian and Alaska Native, 0.1%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 Percentage8%12%

Differences between management scientist and management consultant duties and responsibilities

Management scientist example responsibilities.

  • Manage sample inventory via in-house laboratory information management system (LIMS) and implement additional systems for sample and chemical organization.
  • Provide in-house TSCA compliance training.
  • Develop methods for transfer to QC.
  • Provide data for submissions and reporting, as needed, for FDA requests.
  • Participate in activities supporting ARGUS database integration (e.g., compilation of product assignment and identification lists).
  • Key activities include process chemistry development, synthesis of intermediates, compound purification and structure identification, and comprehensive scientific documentation.
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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.
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Management scientist vs management consultant skills

Common management scientist skills
  • Data Analysis, 50%
  • Project Management, 15%
  • FDA, 9%
  • Risk Assessments, 8%
  • Statistical Analysis, 5%
  • QC, 4%
Common management consultant skills
  • Healthcare, 9%
  • Project Management, 7%
  • Portfolio, 6%
  • Business Process, 5%
  • Business Strategy, 5%
  • Business Development, 4%

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