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Mba consultant vs management consultant

The differences between mba 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 an mba consultant and a management consultant. Additionally, an mba consultant has an average salary of $130,368, which is higher than the $99,360 average annual salary of a management consultant.

The top three skills for an mba consultant include growth strategy, competitor analysis and financial analysis. The most important skills for a management consultant are healthcare, project management, and portfolio.

Mba consultant vs management consultant overview

MBA ConsultantManagement Consultant
Yearly salary$130,368$99,360
Hourly rate$62.68$47.77
Growth rate11%11%
Number of jobs58,511153,045
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 67%
Average age4444
Years of experience44

Mba consultant vs management consultant salary

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

MBA ConsultantManagement Consultant
Average salary$130,368$99,360
Salary rangeBetween $104,000 And $163,000Between $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 mba consultant and management consultant education

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

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

Mba consultant vs management consultant demographics

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

MBA ConsultantManagement Consultant
Average age4444
Gender ratioMale, 61.2% Female, 38.8%Male, 65.9% Female, 34.1%
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, 8.1% 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 mba consultant and management 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.

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

Mba consultant vs management consultant skills

Common mba consultant skills
  • Growth Strategy, 21%
  • Competitor Analysis, 19%
  • Financial Analysis, 7%
  • Business Plan, 4%
  • Competitive Analysis, 3%
  • R, 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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