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The differences between principals and executive consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a principal, 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 $111,719 average annual salary of a principal.
The top three skills for a principal include CRM, project management and financial services. The most important skills for an executive consultant are healthcare, business development, and financial services.
| Principal | Executive Consultant | |
| Yearly salary | $111,719 | $131,331 |
| Hourly rate | $53.71 | $63.14 |
| Growth rate | 5% | 10% |
| Number of jobs | 84,015 | 118,432 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 47 | 39 |
| Years of experience | 4 | 10 |
A principal is responsible for maintaining the orderliness of the school premises and supervising school operations, enforcing strict safety standards, and reiterating regulatory procedures. Principals' duties also include managing and monitoring school budget and expenses, improving security plans, conducting regular meetings and sharing updates with teachers and other school personnel, creating reports for school funding, and setting academic goals for everyone's compliance. A principal must administer excellent leadership, communication, and decision-making skills to handle major administrative tasks in maintaining the school's growth.
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.
Principals and executive consultants have different pay scales, as shown below.
| Principal | Executive Consultant | |
| Average salary | $111,719 | $131,331 |
| Salary range | Between $69,000 And $179,000 | Between $90,000 And $190,000 |
| Highest paying City | New York, NY | South San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | KKR & Co. L.P. | Mayo Clinic |
| Best paying industry | Professional | Technology |
There are a few differences between a principal and an executive consultant in terms of educational background:
| Principal | Executive Consultant | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between principals' and executive consultants' demographics:
| Principal | Executive Consultant | |
| Average age | 47 | 39 |
| Gender ratio | Male, 65.6% Female, 34.4% | Male, 67.2% Female, 32.8% |
| Race ratio | Black or African American, 10.9% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.0% American Indian and Alaska Native, 0.7% | 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 | 16% | 10% |