Owner, consultant vs management consultant

The differences between owner, 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 owner, consultant and a management consultant. Additionally, an owner, consultant has an average salary of $112,696, which is higher than the $99,360 average annual salary of a management consultant.

The top three skills for an owner, consultant include website development, financial statements and healthcare. The most important skills for a management consultant are healthcare, project management, and portfolio.

Owner, consultant vs management consultant overview

	Owner, Consultant	Management Consultant
Yearly salary	$112,696	$99,360
Hourly rate	$54.18	$47.77
Growth rate	11%	11%
Number of jobs	112,178	153,045
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	4	4

Owner, consultant vs management consultant salary

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

	Owner, Consultant	Management Consultant
Average salary	$112,696	$99,360
Salary range	Between $78,000 And $162,000	Between $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 owner, consultant and management consultant education

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

	Owner, Consultant	Management Consultant
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Owner, consultant vs management consultant demographics

Here are the differences between owner, consultants' and management consultants' demographics:

	Owner, Consultant	Management Consultant
Average age	44	44
Gender ratio	Male, 63.8% Female, 36.2%	Male, 65.9% Female, 34.1%
Race ratio	Black or African American, 8.6% Unknown, 4.5% Hispanic or Latino, 9.3% Asian, 9.7% White, 67.6% 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 Percentage	12%	12%

Differences between owner, consultant and management consultant duties and responsibilities

Owner, consultant example responsibilities.

Manage initial development of disaster heat mapping and data visualization solution for a large NYC hospital.
Provide review and edit of Medicare TPA policies and procedures.
Wash windows, clean floors, remove trash, and perform related duties.
Perform project management for a project regarding legal implications for the state of Tennessee in regard to Medicare.
Conduct post implementation audits to ensure ERP applications, databases, and reports are functioning on an optimal level.
Direct all purchasing activities including new supplier development and use of PEDYN ERP software to issue PO s and track costs.

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.

Owner, consultant vs management consultant skills

Common owner, consultant skills

Website Development, 14%
Financial Statements, 10%
Healthcare, 5%
Regulatory Compliance, 5%
Database, 5%
Windows, 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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Business and Financial Industry
Owner, Consultant
Owner, Consultant vs Management Consultant

Updated January 8, 2025

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