Post job

Senior consultant, business development vs senior management consultant

The differences between senior consultants, business development and senior 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 a senior consultant, business development and a senior management consultant. Additionally, a senior management consultant has an average salary of $128,259, which is higher than the $104,556 average annual salary of a senior consultant, business development.

The top three skills for a senior consultant, business development include SQL, healthcare and project management. The most important skills for a senior management consultant are analytics, business process, and business development.

Senior consultant, business development vs senior management consultant overview

Senior Consultant, Business DevelopmentSenior Management Consultant
Yearly salary$104,556$128,259
Hourly rate$50.27$61.66
Growth rate7%11%
Number of jobs124,778182,913
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 68%
Average age4544
Years of experience44

What does a senior consultant, business development do?

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.

What does a senior management consultant do?

A senior management consultant is an experienced professional who is in charge of a team of management consultants to help an organization solve issues, maximize growth, and improve business performance. Senior management consultants must conduct company research so that they can better understand the organization. They prepare business proposals and presentations as well as identify issues to form hypotheses and solutions. Senior management consultants must also implement recommendations or solutions and ensure that an organization receives the necessary assistance to carry it all out.

Senior consultant, business development vs senior management consultant salary

Senior consultants, business development and senior management consultants have different pay scales, as shown below.

Senior Consultant, Business DevelopmentSenior Management Consultant
Average salary$104,556$128,259
Salary rangeBetween $81,000 And $133,000Between $90,000 And $181,000
Highest paying CityBurbank, CAJersey City, NJ
Highest paying stateAlaskaNew Jersey
Best paying companyDellReed Smith
Best paying industryProfessionalTechnology

Differences between senior consultant, business development and senior management consultant education

There are a few differences between a senior consultant, business development and a senior management consultant in terms of educational background:

Senior Consultant, Business DevelopmentSenior Management Consultant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Senior consultant, business development vs senior management consultant demographics

Here are the differences between senior consultants, business development' and senior management consultants' demographics:

Senior Consultant, Business DevelopmentSenior Management Consultant
Average age4544
Gender ratioMale, 71.8% Female, 28.2%Male, 71.2% Female, 28.8%
Race ratioBlack 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2%
LGBT Percentage18%12%

Differences between senior consultant, business development and senior management consultant duties and responsibilities

Senior consultant, business development example responsibilities.

  • Improve the company's Salesforce CRM system to maintain an accurate list of leads, clients and projects/cases.
  • Manage and negotiate key vendor relationships including financial transaction processing, product marketing, advertising and collateral fulfillment to maximize ROI.
  • Track the entire sales cycle in SalesForce and assemble the back office resources to ensure the proper client satisfaction.
  • Develop and maintain an accurate list of prospects and clients in a proprietary client relationship management system (CRM).
  • Identify organizations for company to become vendor-list and receive RFP notices.
  • Develop case-studies and RFP responses and investigate potential business partners/affiliations to expand operations.
  • Show more

Senior management consultant example responsibilities.

  • Manage / provide oversight to critical Medicare and Medicaid projects, with focus in system consolidation and reporting.
  • Define and manage: roles & responsibilities, resource allocations, roadmap and project milestones, and operating guidelines.
  • Lead systems analysis for payroll and accounting batch processing applications.
  • Achieve significant improvements in business alignment, application innovation, world-class infrastructure technology, customer service and stakeholder value.
  • Develop business case, CBA, governance plan, policies & architecture for automation effort ;.
  • Ensure end-to-end alignment of PMO projects and programs to technology portfolio roadmap
  • Show more

Senior consultant, business development vs senior management consultant skills

Common senior consultant, business development skills
  • SQL, 32%
  • Healthcare, 17%
  • Project Management, 13%
  • SR, 11%
  • UAT, 10%
  • Lean Six Sigma, 1%
Common senior management consultant skills
  • Analytics, 10%
  • Business Process, 5%
  • Business Development, 5%
  • Project Management, 4%
  • Portfolio, 4%
  • Business Analysis, 4%

Browse executive management jobs