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The differences between strategy consultants and senior 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 strategy consultant and a senior management consultant. Additionally, a senior management consultant has an average salary of $128,259, which is higher than the $115,244 average annual salary of a strategy consultant.
The top three skills for a strategy consultant include healthcare, project management and develop recommendations. The most important skills for a senior management consultant are analytics, business process, and business development.
| Strategy Consultant | Senior Management Consultant | |
| Yearly salary | $115,244 | $128,259 |
| Hourly rate | $55.41 | $61.66 |
| Growth rate | 11% | 11% |
| Number of jobs | 70,241 | 182,913 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| 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 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.
Strategy consultants and senior management consultants have different pay scales, as shown below.
| Strategy Consultant | Senior Management Consultant | |
| Average salary | $115,244 | $128,259 |
| Salary range | Between $87,000 And $151,000 | Between $90,000 And $181,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | Alaska | New Jersey |
| Best paying company | Mayo Clinic | Reed Smith |
| Best paying industry | Finance | Technology |
There are a few differences between a strategy consultant and a senior management consultant in terms of educational background:
| Strategy Consultant | Senior Management Consultant | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between strategy consultants' and senior management consultants' demographics:
| Strategy Consultant | Senior Management Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 71.2% Female, 28.8% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |