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Become A Business Analysis Manager

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Working As A Business Analysis Manager

  • 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

  • $101,000

    Average Salary

What Does A Business Analysis Manager Do

Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.

Duties

Management analysts typically do the following:

  • Gather and organize information about the problem to be solved or the procedure to be improved
  • Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
  • Analyze financial and other data, including revenue, expenditure, and employment reports
  • Develop solutions or alternative practices
  • Recommend new systems, procedures, or organizational changes
  • Make recommendations to management through presentations or written reports
  • Confer with managers to ensure changes are working

Although some management analysts work for the organization that they analyze, most work as consultants on a contractual basis. 

Whether they are self-employed or part of a large consulting company, the work of a management analyst may vary from project to project. Some projects require a team of consultants, each specializing in one area. In other projects, consultants work independently with the client organization’s managers.

Management analysts often specialize in certain areas, such as inventory management or reorganizing corporate structures to eliminate duplicate and nonessential jobs. Some consultants specialize in a specific industry, such as healthcare or telecommunications. In government, management analysts usually specialize by type of agency.

Organizations hire consultants to develop strategies for entering and remaining competitive in today’s marketplace.

Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst solicits proposals from a number of consultants and consulting companies that specialize in the needed work. Those who want the work must then submit a proposal by the deadline that explains how the consultant will do the work, who will do the work, why they are the best consultants to do the work, what the schedule will be, and how much it will cost. The organization that needs the consultants then selects the proposal that best meets its needs and budget.

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How To Become A Business Analysis Manager

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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Help others decide if this is a good career for them

Average Length of Employment
Top Careers Before Business Analysis Manager
Manager 5.6%
Consultant 4.5%
Analyst 2.6%
Controller 2.3%
Top Careers After Business Analysis Manager
Consultant 7.8%
Manager 5.1%
Director 4.3%
Controller 3.6%

Do you work as a Business Analysis Manager?

Business Analysis Manager Demographics

Gender

Male

58.6%

Female

32.6%

Unknown

8.8%
Ethnicity

White

58.4%

Asian

13.8%

Hispanic or Latino

12.9%

Black or African American

11.1%

Unknown

3.8%
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Foreign Languages Spoken

Spanish

29.0%

German

14.5%

French

14.5%

Italian

11.3%

Chinese

3.2%

Japanese

3.2%

Korean

3.2%

Arabic

3.2%

Swedish

1.6%

Danish

1.6%

Indonesian

1.6%

Portuguese

1.6%

Turkish

1.6%

Dakota

1.6%

Cantonese

1.6%

Russian

1.6%

Hindi

1.6%

Mandarin

1.6%

Thai

1.6%
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Business Analysis Manager Education

Schools

University of Phoenix

9.9%

George Washington University

7.4%

Fairleigh Dickinson University

7.4%

New York University

6.9%

University of Maryland - College Park

5.4%

University of Texas at Dallas

5.4%

DePaul University

4.9%

University of Chicago

4.9%

Georgia State University

4.4%

Carnegie Mellon University

4.4%

Northeastern University

4.4%

Michigan State University

3.9%

Pace University - New York

3.9%

Pennsylvania State University

3.9%

Villanova University

3.9%

University of Washington

3.9%

University of Houston

3.9%

Saint Joseph's University

3.9%

Wake Forest University

3.4%

Ohio State University

3.4%
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Majors

Business

33.1%

Finance

17.3%

Accounting

10.0%

Marketing

6.1%

Management

5.1%

Project Management

4.2%

Computer Science

3.8%

Economics

3.1%

Computer Information Systems

2.7%

Management Information Systems

2.4%

Information Technology

2.2%

Psychology

1.7%

Management Science

1.5%

Political Science

1.3%

Education

1.1%

Information Systems

1.0%

Mathematics

1.0%

International Business

0.9%

Environmental Control Technologies/Technicians

0.9%

Legal Research And Advanced Professional Studies

0.8%
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Degrees

Masters

49.8%

Bachelors

33.5%

Other

9.3%

Certificate

2.9%

Associate

2.4%

Doctorate

1.1%

Diploma

0.8%

License

0.2%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$101,000
View Detailed Salary Report
$73,000
Min 10%
$101,000
Median 50%
$101,000
Median 50%
$101,000
Median 50%
$101,000
Median 50%
$101,000
Median 50%
$101,000
Median 50%
$101,000
Median 50%
$141,000
Max 90%
Best Paying Company
The Bank of New York Mellon
Highest Paying City
Jersey City, NJ
Highest Paying State
New Jersey
Avg Experience Level
3.0 years
How much does a Business Analysis Manager make at top companies?
The national average salary for a Business Analysis Manager in the United States is $101,861 per year or $49 per hour. Those in the bottom 10 percent make under $73,000 a year, and the top 10 percent make over $141,000.

Real Business Analysis Manager Salaries

Job Title Company Location Start Date Salary
Business Analysis Group Manager Citibank, N.A Jersey City, NJ Jul 20, 2016 $200,928
Business Analysis Group Manager Citibank, N.A. Jersey City, NJ Feb 09, 2016 $200,000
Business Analysis Senior Manager Citibank, N.A Jersey City, NJ May 25, 2016 $160,000
Business Analysis Senior Manager Citibank, N.A. New York, NY Oct 12, 2015 $160,000
Business Analysis & Information SR. Manager Amgen Inc. Thousand Oaks, CA Sep 26, 2016 $155,000
Manager, Business Systems Analysis Cirrus Logic, Inc. Austin, TX Oct 04, 2016 $153,140
Head of Business Performance Analysis for Mark/New Societe Generale New York, NY Sep 16, 2015 $150,000
Manager, Business Analysis (Investment Management Systems) NIIT Technologies Limited Atlanta, GA Oct 22, 2015 $149,760
Business Analysis and Information SR Manager Amgen Inc. Thousand Oaks, CA Dec 12, 2016 $145,000
DM Business Analysis Manager Citicorp Credit Services, Inc. (USA) Islandia, NY May 20, 2016 $144,123
Principal Business Analysis The Bank of New York Mellon New York, NY Jul 18, 2016 $143,000
Business Analysis & Info SR. MGR, US Value Marketing Amgen Inc. Thousand Oaks, CA Sep 14, 2015 $142,800
Business Analysis & Information Senior Manager Amgen Inc. Thousand Oaks, CA Mar 11, 2015 $142,646
Business Analysis and Info Senior Manager Amgen Inc. Thousand Oaks, CA Sep 26, 2016 $140,000
Business and Strategic Analysis Manager Corning Incorporated Corning, NY Apr 29, 2015 $124,902
Business Analysis Manager Cisco Systems, Inc. San Jose, CA Sep 27, 2016 $124,474 -
$167,500
Staff Business Systems Analysis Globalfoundries U.S. Inc. Santa Clara, CA Oct 22, 2015 $123,098 -
$161,000
Manager, Corporate Business Analysis Unimin Corporation New Canaan, CT Jan 05, 2015 $120,000 -
$140,000
Manager, Business Analysis The Guardian Life Insurance Co. of America Bethlehem, PA Jul 26, 2016 $120,000
Business Analysis and Info Manager Amgen Inc. Thousand Oaks, CA Jul 21, 2016 $120,000
Business Analysis Manager Paramount Pictures Corporation Los Angeles, CA Nov 04, 2016 $120,000
Business Analysis/Project Management Sungard Derivatives Utility Services LLC New York, NY Sep 10, 2015 $105,500
Business Analysis/Project Management Sungard Derivatives Utility Services LLC New York, NY Sep 15, 2015 $105,500
Business Analysis & Information Manager Amgen Inc. Thousand Oaks, CA Sep 14, 2015 $105,000
Manager, Business Planning & Analysis Novartis Pharmaceuticals Corporation East Hanover, NJ Sep 18, 2016 $105,000
Manager, Business Analysis Sears, Roebuck & Co Hoffman Estates, IL Jan 10, 2015 $105,000
Manager, Business Analysis Sears, Roebuck & Co Hoffman Estates, IL Oct 01, 2015 $105,000
Business Analysis Manager Ace Cash Express Texas City, TX Dec 23, 2015 $105,000
Decision Management Business Analysis Manager Citicorp Credit Services, Inc. (USA) Wilmington, DE Nov 01, 2016 $102,300

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Top Skills for A Business Analysis Manager

  1. Financial Statements
  2. Project Management
  3. Business Requirements
You can check out examples of real life uses of top skills on resumes here:
  • Prepared the monthly Corporate Financial Statements, including distribution of departmental financial summaries to managers.
  • Participate in project management and co-ordination by working with management to coordinate the successful delivery of software development projects.
  • Interact with Development and Quality Assurance Teams to ensure Business Requirements are comprehensible, covered in Technical Specifications and Testing Plans.
  • Provide business analysis management support in developing new projects, enhancements to Underwriting and Reporting applications and manage business analysis processes.
  • Prepare and maintain documentation, including procedures, technical documentation, computer training materials and user manuals.

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Top 10 Best States for Business Analysis Managers

  1. New Jersey
  2. District of Columbia
  3. Connecticut
  4. Washington
  5. California
  6. New York
  7. Maryland
  8. North Carolina
  9. New Hampshire
  10. Massachusetts
  • (783 jobs)
  • (253 jobs)
  • (383 jobs)
  • (788 jobs)
  • (3,695 jobs)
  • (1,416 jobs)
  • (425 jobs)
  • (755 jobs)
  • (109 jobs)
  • (889 jobs)

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