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Mba consultant vs business consultant

The differences between mba 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 mba consultant and a business consultant. Additionally, an mba consultant has an average salary of $130,368, which is higher than the $87,214 average annual salary of a business consultant.

The top three skills for an mba consultant include growth strategy, competitor analysis and financial analysis. The most important skills for a business consultant are data analysis, project management, and strong analytical.

Mba consultant vs business consultant overview

MBA ConsultantBusiness Consultant
Yearly salary$130,368$87,214
Hourly rate$62.68$41.93
Growth rate11%11%
Number of jobs58,511128,033
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 67%
Average age4444
Years of experience44

Mba consultant vs business consultant salary

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

MBA ConsultantBusiness Consultant
Average salary$130,368$87,214
Salary rangeBetween $104,000 And $163,000Between $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 mba consultant and business consultant education

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

MBA ConsultantBusiness Consultant
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Mba consultant vs business consultant demographics

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

MBA ConsultantBusiness Consultant
Average age4444
Gender ratioMale, 61.2% Female, 38.8%Male, 62.8% Female, 37.2%
Race ratioBlack or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.0% 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 mba consultant and business consultant duties and responsibilities

Mba consultant example responsibilities.

  • Provide SharePoint development and administration, budget and financial reporting; manage invoicing; and develop training manuals and user guides.
  • Define and document a new application architecture which load client databases with properly format data using in-house develop Java ETL applications.
  • Establish multivariate regression equations to predict future revenue expectations and identify current market gaps.

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

Mba consultant vs business consultant skills

Common mba consultant skills
  • Growth Strategy, 21%
  • Competitor Analysis, 19%
  • Financial Analysis, 7%
  • Business Plan, 4%
  • Competitive Analysis, 3%
  • R, 3%
Common business consultant skills
  • Data Analysis, 10%
  • Project Management, 9%
  • Strong Analytical, 8%
  • Analytics, 7%
  • Healthcare, 5%
  • Tableau, 5%

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