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Become An Analyst

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Working As An Analyst

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $70,000

    Average Salary

What Does An Analyst Do

An analyst is an individual who performs analysis of a topic. The term may refer to one of the following professions: Finance, Business, Products, and other professions.

How To Become An Analyst

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.

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4,797 Analyst jobs More

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Real Analyst Salaries

Job Title Company Location Start Date Salary
Analyst Citigroup Global Markets Inc. New York, NY Sep 26, 2016 $300,000
Analyst Soros Fund Management, LLC New York, NY Sep 15, 2016 $250,000
Analyst Two Creeks Capital Management LP New York, NY Aug 21, 2016 $250,000
Analyst/Broker GFI Securities LLC New York, NY Feb 09, 2015 $250,000
Analyst ZBI, LLC New York, NY Aug 08, 2016 $250,000
Analyst Two Creeks Capital Management LP New York, NY Aug 17, 2015 $250,000
Analyst Soros Fund Management, LLC New York, NY Jul 02, 2015 $250,000
Analyst Citigroup Global Markets Inc. New York, NY Sep 12, 2015 $250,000
Analyst Soros Fund Management, LLC New York, NY Jun 13, 2016 $250,000
Analyst/Broker GFI Securities LLC New York, NY Sep 01, 2015 $240,000
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Top Skills for An Analyst

FinancialStatementsProceduresDataEntryEnsureComplianceCustomerServicePl/SqlAuditWebWindowsXPAssetDueDiligenceERPDataAnalysisProcessImprovementTroubleshootBusinessProcessesBusinessRequirementsInternetPhoneCallsProjectManagement

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Top Analyst Skills

  1. Financial Statements
  2. Procedures
  3. Data Entry
You can check out examples of real life uses of top skills on resumes here:
  • Key Principal / Entity analysis includes financial statements, real estate owned, liquidity/credit, and background check.
  • Conducted routine analysis in compliance with applicable methods, protocols, Standard Operating Procedures, and regulatory guidelines.
  • Accept and process returns Quality control Credit returns to Customer, Business, and Employee accounts Data entry Filing
  • Perform risk analysis on moderate-to-high-risk individuals and entities to ensure compliance with the Bank Secrecy Act and the USA Patriot Act.
  • Delivered exceptional customer service which resulted in repeated business

Top Analyst Employers

What Kind Of Companies Hire an Analyst

  1. Citi
  2. Accenture LTD
  3. BAE Systems Inc
  4. JPMorgan Chase & Co.
  5. Bank of America
  6. U.S. Army Corps of Engineers
  7. Tata Consultancy Services
  8. Morgan Stanley
  9. TEKsystems
  10. United States Air Force
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