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The differences between senior associates and senior finance consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a senior associate and a senior finance consultant. Additionally, a senior finance consultant has an average salary of $97,689, which is higher than the $83,034 average annual salary of a senior associate.
The top three skills for a senior associate include project management, business development and powerpoint. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.
| Senior Associate | Senior Finance Consultant | |
| Yearly salary | $83,034 | $97,689 |
| Hourly rate | $39.92 | $46.97 |
| Growth rate | 8% | 9% |
| Number of jobs | 54,601 | 112,032 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
The Responsibilities of a Senior Associate will depend on the line of organization or industry. Most of the time, the duties will revolve around conducting various testing and assessments, planning and analysis, developing innovative solutions to boost company productivity, and keeping an organized flow of documentation. Furthermore, it is the responsibility of a Senior to Associate to lead a team of skilled professionals and shape them with extensive knowledge while adhering to its policies and regulations.
A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.
Senior associates and senior finance consultants have different pay scales, as shown below.
| Senior Associate | Senior Finance Consultant | |
| Average salary | $83,034 | $97,689 |
| Salary range | Between $56,000 And $121,000 | Between $68,000 And $138,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Sheppard Mullin Richter & Hampton | Dell |
| Best paying industry | Finance | Technology |
There are a few differences between a senior associate and a senior finance consultant in terms of educational background:
| Senior Associate | Senior Finance Consultant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior associates' and senior finance consultants' demographics:
| Senior Associate | Senior Finance Consultant | |
| Average age | 44 | 40 |
| Gender ratio | Male, 55.6% Female, 44.4% | Male, 68.2% Female, 31.8% |
| Race ratio | Black or African American, 10.5% Unknown, 6.5% Hispanic or Latino, 15.8% Asian, 6.2% White, 60.4% American Indian and Alaska Native, 0.5% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 7% |