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The differences between strategy consultants and senior business 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 strategy consultant and a senior business consultant. Additionally, a strategy consultant has an average salary of $115,244, which is higher than the $105,184 average annual salary of a senior business consultant.
The top three skills for a strategy consultant include healthcare, project management and develop recommendations. The most important skills for a senior business consultant are data analysis, healthcare, and project management.
| Strategy Consultant | Senior Business Consultant | |
| Yearly salary | $115,244 | $105,184 |
| Hourly rate | $55.41 | $50.57 |
| Growth rate | 11% | 11% |
| Number of jobs | 70,241 | 144,929 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A strategy consultant specializes in examining and analyzing business processes to identify areas needing improvement, ensuring to provide strategies for optimal performance. A strategy consultant may work as a member of a company or as a freelancer. Typically, their responsibilities revolve around discussing business vision and goals with clients, assessing the workflow and the workforce of a company, observing competitors, identifying risks, and recommending strategies for profitable growth and customer satisfaction. Furthermore, as a strategy consultant, it is essential to adhere to the company's vision and mission throughout the process.
A senior business consultant specializes in performing research and analysis to optimize business processes. Their responsibilities revolve around coordinating with different departments to gather necessary data, devising strategies to reduce cost, assess risks, and identify the strength and weaknesses of operations to recommend solutions. They may also train and mentor junior consultants, produce progress reports and presentations, and assist clients through calls and correspondence. Furthermore, as a consultant, it is essential to adhere to the company's policies and regulations, including its vision and mission.
Strategy consultants and senior business consultants have different pay scales, as shown below.
| Strategy Consultant | Senior Business Consultant | |
| Average salary | $115,244 | $105,184 |
| Salary range | Between $87,000 And $151,000 | Between $81,000 And $136,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | Alaska | New Jersey |
| Best paying company | Mayo Clinic | Anaplan |
| Best paying industry | Finance | Professional |
There are a few differences between a strategy consultant and a senior business consultant in terms of educational background:
| Strategy Consultant | Senior Business Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between strategy consultants' and senior business consultants' demographics:
| Strategy Consultant | Senior Business Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 69.2% Female, 30.8% |
| Race ratio | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |