Who makes more money a business analyst or a consultant?

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It depends..

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Literally every variable.

Some “analysts” make millions, some make minimum wage. Depends on industry, function, size, equity incentives, COL, etc.. literally everything. Job titles don’t mean anything

I think job titles are heavily driven by which firm you’re at. People at different firms may be doing the same on a daily basis, but job titles may be different (eg business analyst vs consultant).

If the titles are withun the same firm, I imagine the analyst may be more analytics focused, while a consultant may be more insights focused - but let’s be honest, a very junior “consultant” is doing a lot of analysis!

likesmart

Ok this makes sense! Thanks for that explanation.

It’s like asking who makes more money, Project Manager or Manager!!

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Depends on network , whom you know etc etc …

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Business analysts and consultants overlap in many of their duties, but differ primarily in one area. While analysts and consultants review business operations for their strengths and weaknesses, consultants are more likely to make and then help implement recommended changes.

For those of you who find pleasure in belittling others :)

Not always true lol
There’s never a hard and fast rule with this kind of stuff.

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Depends on how good they can negotiate. I’m an S2 in assurance and make the same or more than managers (150k)

Ok makes sense!

There’s literally no consistency between companies with regards to titles. If you narrow down the scope you’ll get better responses. Are you talking about KPMG specifically?

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