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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.
|Job Title||Company||Location||Start Date||Salary|
|Senior Business Analyst (Associate)||Nomura America Services, LLC||New York, NY||Jul 03, 2016||$187,500|
|Senior Business Analyst (Associate)||Nomura America Services, LLC||New York, NY||Jan 29, 2016||$124,000|
|Business Analyst, Associate||Jpmorgan Chase &Amp; Co.||New York, NY||May 28, 2015||$120,000|
|Business Analyst Associate Manager||Duck Creek Technologies LLC||New Providence, NJ||Oct 21, 2016||$118,000|
|Enterprise Risk Business Analyst, Associate||MUFG Union Bank, N.A.||San Francisco, CA||Aug 03, 2015||$115,000|
|Business Analyst, Associate||Jpmorgan Chase &Amp; Co.||New York, NY||May 19, 2014||$115,000|
|Business Analyst, Associate||Jpmorgan Chase &Amp; Co.||New York, NY||May 20, 2014||$115,000|
|Business Analyst (Associate)||SG Americas Securities, LLC||New York, NY||Sep 04, 2010||$110,000|
|Business Analyst (Associate, Project Manager)||Morgan Stanley Smith Barney LLC||New York, NY||Oct 01, 2015||$102,000|
|Business Analyst Grade 601 Associate||Jpmorgan Chase & Co.||New York, NY||Aug 24, 2015||$100,000|
|Business Analyst-Associate||Jpmorgan Chase & Co.||New York, NY||Jul 07, 2014||$100,000|
|Business Analyst (Associate)||Jpmorgan Chase & Co.||Wilmington, DE||Aug 06, 2015||$92,700|
|Business Analyst (Associate)||JP Morgan Chase & Co||Wilmington, DE||Aug 25, 2015||$90,000|
|Enterprise Risk Business Analyst, Associate||MUFG Union Bank, N.A.||San Francisco, CA||Aug 03, 2015||$90,000|
|Equities Technology Business Analyst-Associate||Jpmorgan Chase & Co.||New York, NY||Jul 14, 2014||$90,000|
|Business Analyst Data Strategy-Associate||Jpmorgan Chase & Co.||New York, NY||Sep 28, 2015||$88,000|
|Business Analyst-Associate Director||The Advisory Board Company||Austin, TX||Jun 01, 2013||$84,975|
|Business Analyst (Associate Director, Supply Manag||Nektar Therapeutics||Huntsville, AL||Feb 17, 2011||$81,600 -
|Business Analyst (Associate Director, Supply Manag||Nektar Therapeutics||San Carlos, CA||Feb 17, 2011||$81,600 -
|Business Analyst-Associate||Jpmorgan Chase & Co.||Chicago, IL||Sep 25, 2009||$75,559|
|Business Analyst (Product Marketing Associate)||Yahoo! Inc.||Sunnyvale, CA||Feb 21, 2011||$73,600 -
|Business Analyst-Associate||Cortland Capital Market Services, LLC||Chicago, IL||Sep 16, 2016||$70,000|
|Business Analyst, Associate||Pacific Gas and Electric Company||San Francisco, CA||Sep 14, 2015||$64,210|
|Business Analyst/Management Associate||LRN Corporation||New York, NY||Nov 08, 2016||$63,000|
|Business Analyst (Associate Brand Manager)||Ubisoft Inc.||San Francisco, CA||May 09, 2011||$62,800 -
|Business Analyst Associate Professional||Computer Sciences Corporation||Fort Myers, FL||Mar 10, 2015||$61,318|
|Business Analyst Associate Professional||Computer Sciences Corporation||Aliso Viejo, CA||Sep 13, 2013||$60,341|
|Business Analyst, Senior Associate||MSCI, Inc.||Chicago, IL||Oct 01, 2012||$59,446 -
|Business Analyst/Associate||Qtech Solutions Inc.||Piscataway, NJ||Oct 01, 2010||$58,500|
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