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The differences between senior consultants, business development and business 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 consultant, business development and a business consultant. Additionally, a senior consultant, business development has an average salary of $104,556, which is higher than the $87,214 average annual salary of a business consultant.
The top three skills for a senior consultant, business development include SQL, healthcare and project management. The most important skills for a business consultant are data analysis, project management, and strong analytical.
| Senior Consultant, Business Development | Business Consultant | |
| Yearly salary | $104,556 | $87,214 |
| Hourly rate | $50.27 | $41.93 |
| Growth rate | 7% | 11% |
| Number of jobs | 124,778 | 128,033 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 67% |
| Average age | 45 | 44 |
| Years of experience | 4 | 4 |
Senior Business Development Consultants are responsible for recruiting independent financial advisors and helping advisors look for assets. Their value is determined through business consultations and understanding the workings of financial practice. Their experience should allow them to know how to recruit the best independent financial advisors and communicate with them. Senior Business Development Consultants are committed to a sound recruiting routine, persistency, and the ability to close deals using any communication channel.
A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.
Senior consultants, business development and business consultants have different pay scales, as shown below.
| Senior Consultant, Business Development | Business Consultant | |
| Average salary | $104,556 | $87,214 |
| Salary range | Between $81,000 And $133,000 | Between $64,000 And $117,000 |
| Highest paying City | Burbank, CA | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Dell | ZS |
| Best paying industry | Professional | Technology |
There are a few differences between a senior consultant, business development and a business consultant in terms of educational background:
| Senior Consultant, Business Development | Business Consultant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between senior consultants, business development' and business consultants' demographics:
| Senior Consultant, Business Development | Business Consultant | |
| Average age | 45 | 44 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 62.8% Female, 37.2% |
| Race ratio | Black or African American, 11.2% Unknown, 5.4% Hispanic or Latino, 15.9% Asian, 4.1% White, 62.9% American Indian and Alaska Native, 0.5% | Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 18% | 12% |