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The differences between senior product consultants and product owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior product consultant and a product owner. Additionally, a senior product consultant has an average salary of $108,908, which is higher than the $97,070 average annual salary of a product owner.
The top three skills for a senior product consultant include project management, healthcare and product development. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.
| Senior Product Consultant | Product Owner | |
| Yearly salary | $108,908 | $97,070 |
| Hourly rate | $52.36 | $46.67 |
| Growth rate | 10% | 10% |
| Number of jobs | 117,211 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Senior product consultants analyze software and product objectives and customers' technical and business requirements to create an application design that meets the customers' requirements. They estimate the resources' quantity, quality, and time frames to complete various activities like developing a program incorporating each project variable. These professionals ensure the projects receive the appropriate company resources, allowing each project to get handled as per the plan. Senior product consultants also establish criteria relating to deliverables, maintenance, costs, design, and performance.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Senior product consultants and product owners have different pay scales, as shown below.
| Senior Product Consultant | Product Owner | |
| Average salary | $108,908 | $97,070 |
| Salary range | Between $82,000 And $143,000 | Between $71,000 And $130,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Moody's | ORIX USA |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a senior product consultant and a product owner in terms of educational background:
| Senior Product Consultant | Product Owner | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior product consultants' and product owners' demographics:
| Senior Product Consultant | Product Owner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 58.0% Female, 42.0% | Male, 64.3% Female, 35.7% |
| Race ratio | 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% | 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 | 10% | 10% |