Pay by Role
Canada · Salary comparison

Financial Analyst vs Management Consultant salary

In Canada, a management consultant earns about 62% more than a financial analyst $167,311 vs $103,069 per year.

Showing amounts in USD (USD default; source data is CAD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Finance & Business
Financial Analyst
$103,069/yr
Monthly
$8,613
Hourly
$49
Range
$65,936$148,392
10-yr outlook
+9%
Pays more
Finance & Business
Management Consultant
$167,311/yr
Monthly
$13,978
Hourly
$80
Range
$92,057$259,368
10-yr outlook
+10%

Pay range, side by side

PercentileFinancial AnalystManagement Consultant
Entry (10th)$65,936$92,057
25th$84,503$129,684
Median$103,069$167,311
75th$125,731$213,340
Senior (90th)$148,392$259,368

National Canada figures in CAD. Individual pay varies with experience, employer, and location.

More Finance & Business comparisons

Frequently asked questions

Does a financial analyst or management consultant earn more in Canada?
A management consultant earns more, at about $237,000 per year vs $146,000 for a financial analyst — roughly 62% ($91,000) more.
What is the salary range for these roles in Canada?
A financial analyst typically earns $93,400–$210,200, while a management consultant earns $130,400–$367,400 per year.
How much do these jobs pay per month in Canada?
On a monthly basis before tax, a financial analyst averages about $12,200 and a management consultant about $19,800.
How do entry-level salaries compare?
At the 10th percentile in Canada, a financial analyst earns about $93,400 while a management consultant earns about $130,400 per year.
How do senior-level salaries compare?
At the 90th percentile in Canada, a financial analyst earns about $210,200 while a management consultant earns about $367,400 per year.
Are financial analyst and management consultant similar careers?
Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.