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The differences between senior management consultants 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 senior management consultant, 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 $128,259 average annual salary of a senior management consultant.
The top three skills for a senior management consultant include analytics, business process and business development. The most important skills for an executive consultant are healthcare, business development, and financial services.
| Senior Management Consultant | Executive Consultant | |
| Yearly salary | $128,259 | $131,331 |
| Hourly rate | $61.66 | $63.14 |
| Growth rate | 11% | 10% |
| Number of jobs | 182,913 | 118,432 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 44 | 39 |
| Years of experience | 4 | 10 |
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.
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.
Senior management consultants and executive consultants have different pay scales, as shown below.
| Senior Management Consultant | Executive Consultant | |
| Average salary | $128,259 | $131,331 |
| Salary range | Between $90,000 And $181,000 | Between $90,000 And $190,000 |
| Highest paying City | Jersey City, NJ | South San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Reed Smith | Mayo Clinic |
| Best paying industry | Technology | Technology |
There are a few differences between a senior management consultant and an executive consultant in terms of educational background:
| Senior Management Consultant | Executive Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between senior management consultants' and executive consultants' demographics:
| Senior Management Consultant | Executive Consultant | |
| Average age | 44 | 39 |
| Gender ratio | Male, 71.2% Female, 28.8% | Male, 67.2% Female, 32.8% |
| Race ratio | 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% | 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 | 12% | 10% |