Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior executives and 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 executive and a management consultant. Additionally, a senior executive has an average salary of $104,507, which is higher than the $99,360 average annual salary of a management consultant.
The top three skills for a senior executive include customer service, project management and SR. The most important skills for a management consultant are healthcare, project management, and portfolio.
| Senior Executive | Management Consultant | |
| Yearly salary | $104,507 | $99,360 |
| Hourly rate | $50.24 | $47.77 |
| Growth rate | -8% | 11% |
| Number of jobs | 74,894 | 153,045 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 67% |
| Average age | 49 | 44 |
| Years of experience | 4 | 4 |
A senior executive is responsible for supporting the chief technology officer and other higher officials on implementing critical corporate decisions, especially on identifying business opportunities to extend business partnership scopes and drive more revenue resources, supporting the company's financial stability. Senior executives oversee departmental operations across the company, ensuring production efficiency and high-quality output deliverables. They may also handle operational budgets and allocate adequate resources to each department's head. A senior executive attends meetings and conferences with other executives, sharing updates with stakeholders, and strategizing project management processes.
A management consultant's responsibility focuses on conducting an in-depth analysis of a company or business, including its target market. Through their findings, they can devise strategies that will help the business grow and attain a significant profit. There are also instances when a management consultant must solve particular issues that will require them to investigate the problem, assess damages, identify risks, and recommend the best solutions to take. Furthermore, a management consultant must adhere to the company's vision, mission, and policies at all times.
Senior executives and management consultants have different pay scales, as shown below.
| Senior Executive | Management Consultant | |
| Average salary | $104,507 | $99,360 |
| Salary range | Between $63,000 And $172,000 | Between $72,000 And $136,000 |
| Highest paying City | Hartford, CT | Jersey City, NJ |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | Intuit | Apple |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a senior executive and a management consultant in terms of educational background:
| Senior Executive | Management Consultant | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Northwestern University |
Here are the differences between senior executives' and management consultants' demographics:
| Senior Executive | Management Consultant | |
| Average age | 49 | 44 |
| Gender ratio | Male, 57.4% Female, 42.6% | Male, 65.9% Female, 34.1% |
| Race ratio | Black or African American, 7.6% Unknown, 4.8% Hispanic or Latino, 11.2% Asian, 5.0% White, 71.0% American Indian and Alaska Native, 0.4% | Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.6% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |