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Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.Education
A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).
Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.
Analysts also routinely attend conferences to stay up to date on current developments in their field.Licenses, Certifications, and Registrations
The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.Work Experience in a Related Occupation
Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology.Advancement
As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.Important Qualities
Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.
Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.
Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals.
Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.
Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.
Hispanic or Latino6.2%
Black or African American1.0%
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University of Connecticut13.2%
Georgia State University9.6%
Florida State University7.0%
Ball State University5.7%
University of California - Berkeley5.3%
University of Texas at Austin4.4%
University of Michigan - Ann Arbor3.9%
Pennsylvania State University3.9%
Ohio State University3.5%
University of Nebraska - Lincoln3.5%
University of Florida3.5%
State University of New York Stony Brook3.1%
Michigan State University3.1%
New Jersey Institute of Technology3.1%
Arizona State University2.6%
Unfortunately we don’t have enough data for this section.
|Job Title||Company||Location||Start Date||Salary|
|Senior Actuarial Analyst||Clover Health Labs, LLC||Jersey City, NJ||Jun 04, 2016||$165,000|
|Senior Actuarial Analyst||Liberty Mutual Group Inc.||Boston, MA||Jul 29, 2015||$150,000 -
|Senior Actuarial Analyst||XL Specialty Insurance Company||New York, NY||Feb 02, 2016||$139,277|
|Actuarial Analyst||National Union Fire Insurance Co of Pittsburgh, Pa||New York, NY||Mar 20, 2015||$135,970|
|Actuarial Analyst||AIG PC Global Services, Inc.||New York, NY||Jan 29, 2015||$135,970|
|Senior Actuarial Analyst||American International Group, Inc.||New York, NY||Feb 11, 2015||$135,970|
|Senior Actuarial Analyst||AIG PC Global Services, Inc.||New York, NY||Jan 05, 2015||$128,000|
|Senior Actuarial Analyst||AIG PC Global Services, Inc.||New York, NY||May 01, 2015||$128,000|
|Senior Actuarial Analyst||Endurance Services Limited||New York, NY||Jan 08, 2016||$126,060|
|Senior Actuarial Analyst||Endurance Services Limited||New York, NY||Aug 01, 2016||$126,060|
|Senior Actuarial Analyst||Milliman, Inc.||Chicago, IL||Feb 05, 2015||$125,000|
|Senior Actuarial Analyst||Farmers Group, Inc.||Los Angeles, CA||Nov 30, 2016||$121,826|
|Senior Actuarial Analyst||Liberty Mutual Group, Inc.||Boston, MA||Jan 06, 2016||$84,800 -
|Actuarial Analyst 2||Esurance Insurance Services, Inc.||San Francisco, CA||Sep 13, 2016||$84,700|
|Actuarial Analyst 3||Esurance Insurance Services, Inc.||San Francisco, CA||Jun 29, 2015||$84,500|
|Actuarial Analyst III||Anthem, Inc.||Thousand Oaks, CA||Dec 10, 2015||$84,074 -
|Actuarial Analyst||Milliman, Inc.||Garden City, NY||Sep 07, 2015||$84,032 -
|Actuarial Analyst||Insurance Services Office, Inc.||Jersey City, NJ||Oct 01, 2015||$84,000|
|Actuarial Analyst 3||Esurance Insurance Services, Inc.||San Francisco, CA||Jun 08, 2015||$84,000|
|Analyst, Actuarial||National Union Fire Insurance Company of Pittsburgh, Pa.||New York, NY||Aug 25, 2015||$72,900|
|Actuarial Analyst||Towers Watson Delaware, Inc.||Denver, CO||Aug 09, 2016||$72,779|
|Actuarial Analyst||Pacific Life Insurance Company||Newport Beach, CA||Sep 10, 2015||$72,530|
|Retirement Actuarial Analyst||Hewitt Associates, LLC||New York, NY||Feb 09, 2015||$72,500|
|Retirement Actuarial Analyst||Hewitt Associates, LLC||New York, NY||Sep 02, 2015||$72,500|
|Actuarial Analyst||Plymouth Rock Management Company of New Jersey||Red Bank, NJ||Sep 13, 2016||$72,030 -
|Actuarial Analyst||National Life Insurance Company||Montpelier, VT||Aug 23, 2015||$72,000|
|Health and Benefits Actuarial Analyst||AON Risk Services Central, Inc.||Chicago, IL||Aug 09, 2016||$72,000|
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