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The differences between practice leaders and executive consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a practice leader, becoming an executive consultant takes usually requires 8-10 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $131,194 average annual salary of a practice leader.
The top three skills for a practice leader include exceptional client, patients and business development. The most important skills for an executive consultant are healthcare, business development, and financial services.
| Practice Leader | Executive Consultant | |
| Yearly salary | $131,194 | $131,331 |
| Hourly rate | $63.07 | $63.14 |
| Growth rate | 16% | 10% |
| Number of jobs | 50,164 | 118,432 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Average age | 47 | 39 |
| Years of experience | 8 | 10 |
A project management specialist is responsible for overseeing different programs and projects within a company, ensuring efficiency and smooth workflow. Their responsibilities typically revolve around identifying project needs, participating in setting goals and objectives, managing schedules and budgets, performing risk and cost assessments, and producing progress reports and presentations for the directors and other executives. Furthermore, a project management specialist may also perform research and analysis to find new business opportunities and liaise with clients to generate sales.
An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.
Practice leaders and executive consultants have different pay scales, as shown below.
| Practice Leader | Executive Consultant | |
| Average salary | $131,194 | $131,331 |
| Salary range | Between $92,000 And $185,000 | Between $90,000 And $190,000 |
| Highest paying City | San Francisco, CA | South San Francisco, CA |
| Highest paying state | Pennsylvania | Washington |
| Best paying company | SAP | Mayo Clinic |
| Best paying industry | Technology | Technology |
There are a few differences between a practice leader and an executive consultant in terms of educational background:
| Practice Leader | Executive Consultant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Carnegie Mellon University | University of Georgia |
Here are the differences between practice leaders' and executive consultants' demographics:
| Practice Leader | Executive Consultant | |
| Average age | 47 | 39 |
| Gender ratio | Male, 73.2% Female, 26.8% | Male, 67.2% Female, 32.8% |
| Race ratio | Black or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.7% White, 65.1% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 10% |