Strategic consultant vs management consultant

The differences between strategic consultants 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 strategic consultant and a management consultant. Additionally, a strategic consultant has an average salary of $104,820, which is higher than the $99,360 average annual salary of a management consultant.

The top three skills for a strategic consultant include project management, strategic sourcing and process improvement. The most important skills for a management consultant are healthcare, project management, and portfolio.

Strategic consultant vs management consultant overview

	Strategic Consultant	Management Consultant
Yearly salary	$104,820	$99,360
Hourly rate	$50.39	$47.77
Growth rate	11%	11%
Number of jobs	68,479	153,045
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	4	4

What does a strategic consultant do?

A strategic consultant is responsible for assessing business management procedures and identifying opportunities to enhance project processes for business solutions and requirements. Strategic consultants develop services that would help the company increase revenues and profits by conducting data and statistical analysis and analyzing the current market trends. They also review quality control procedures to manage inconsistencies and establish techniques to maximize the staff's productivity and efficiency. A strategic consultant must have excellent communication and critical-thinking skills to support the business in achieving its long-term goals and objectives.

What does a management consultant do?

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.

Strategic consultant vs management consultant salary

Strategic consultants and management consultants have different pay scales, as shown below.

	Strategic Consultant	Management Consultant
Average salary	$104,820	$99,360
Salary range	Between $80,000 And $136,000	Between $72,000 And $136,000
Highest paying City	San Francisco, CA	Jersey City, NJ
Highest paying state	Texas	New Jersey
Best paying company	Google	Apple
Best paying industry	Media	Technology

Differences between strategic consultant and management consultant education

There are a few differences between a strategic consultant and a management consultant in terms of educational background:

	Strategic Consultant	Management Consultant
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Strategic consultant vs management consultant demographics

Here are the differences between strategic consultants' and management consultants' demographics:

	Strategic Consultant	Management Consultant
Average age	44	44
Gender ratio	Male, 58.0% Female, 42.0%	Male, 65.9% Female, 34.1%
Race ratio	Black or African American, 7.7% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 14.1% White, 64.8% American Indian and Alaska Native, 0.2%	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	12%	12%

Differences between strategic consultant and management consultant duties and responsibilities

Strategic consultant example responsibilities.

Manage CSR budget and agency and provide social media monitoring reporting and analysis to business on corporate reputation and brand issues.
Prepare and submit monthly operational reserves in accordance with GAAP.
Train and educate new and current employees on the MDS process.
Determine where resources have and can be most efficient, maximizing future ROI of stakeholder engagements.
Assist in the installation & training of CRM solutions for DealerSocket, a leading auto CRM solutions provider
Research innovative ways to use new technology to fundamentally change the data protection methods of EMC environments.

Management consultant example responsibilities.

Streamline and program manage operations for end-to-end creation of all assets using Smartsheet.
Lead daily agile scrum meetings towards the end of the development phase of the project.
Monitor and control project schedule for SaaS product to achieve project deliveries in at least 95th percentile.
Lead teams in implementation of value map streaming, ISO 9000 and waste reduction in manufacturing process.
Manage functional design team activities using baseline scope document information and develop process standards in line with SDLC methodologies.
Develop light-weight (fast) proprietary cloud-base licensing engine and UI to manage and track end user subscription licenses.

Strategic consultant vs management consultant skills

Common strategic consultant skills

Project Management, 11%
Strategic Sourcing, 9%
Process Improvement, 8%
Cloud, 6%
Cost Savings, 6%
Business Strategy, 4%

Common management consultant skills

Healthcare, 9%
Project Management, 7%
Portfolio, 6%
Business Process, 5%
Business Strategy, 5%
Business Development, 4%

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Strategic Consultant vs Management Consultant

Updated January 8, 2025

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