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Become A Business Analyst-Consultant

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Working As A Business Analyst-Consultant

  • 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

  • $79,000

    Average Salary

What Does A Business Analyst-Consultant 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 Analyst-Consultant

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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Business Analyst-Consultant Jobs

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Business Analyst-Consultant Career Paths

Business Analyst-Consultant
Senior Business Analyst Project Manager Senior Project Manager
Director Of Project Management
12 Yearsyrs
Senior Business Analyst Project Manager
Manager, Project Management
9 Yearsyrs
Senior Business Analyst Business Analyst/Project Manager Project Manager
Delivery Manager
7 Yearsyrs
Business Analyst/Project Manager Senior Project Manager
Senior Information Technology Manager
10 Yearsyrs
Business Analyst/Project Manager Information Technology Project Manager Program Manager
Global Program Manager
10 Yearsyrs
Consultant/Project Manager Information Technology Project Manager Program Manager
Engagement Manager
9 Yearsyrs
Technical Business Analyst Consultant Senior Software Engineer
Director Of Software Development
12 Yearsyrs
Technical Business Analyst Consultant Senior Finance Analyst
Finance Project Manager
8 Yearsyrs
Consultant/Project Manager Information Technology Project Manager Senior Manager
Practice Leader
11 Yearsyrs
Technical Business Analyst Consultant Senior Programmer Analyst
Application Manager
9 Yearsyrs
Project Analyst Senior Analyst
Analytical Manager
8 Yearsyrs
Business Consultant Senior Accountant Senior Analyst
Manager, Strategy
8 Yearsyrs
Project Manager/Analyst Technical Project Manager
Implementation Manager
8 Yearsyrs
Business Analyst/Quality Analyst Quality Assurance Engineer Business Analyst
Product Owner
9 Yearsyrs
Project Manager/Analyst Consultant/Project Manager
Manager, Project Management Office
12 Yearsyrs
Manager Production Manager Processing Manager
Business Process Manager
10 Yearsyrs
Project Manager/Analyst Technical Project Manager Implementation Manager
Integration Manager
9 Yearsyrs
Project Analyst Senior Software Engineer Senior Technical Consultant
Vice President, Technology
11 Yearsyrs
Lead Business Analyst Senior Consultant Business Systems Senior Analyst
Business Leader
8 Yearsyrs
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Do you work as a Business Analyst-Consultant?

Help others decide if this is a good career for them

Average Length of Employment
Business Analyst 2.9 years
Top Careers Before Business Analyst-Consultant
Consultant 6.7%
Analyst 3.2%
Internship 2.8%
Top Careers After Business Analyst-Consultant
Consultant 6.6%
Analyst 1.6%

Do you work as a Business Analyst-Consultant?

Business Analyst-Consultant Demographics

Gender

Male

48.0%

Female

42.3%

Unknown

9.6%
Ethnicity

White

54.1%

Asian

16.7%

Hispanic or Latino

13.3%

Black or African American

10.8%

Unknown

5.1%
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Foreign Languages Spoken

Spanish

38.2%

French

11.8%

German

8.0%

Portuguese

5.3%

Chinese

5.3%

Mandarin

5.0%

Hindi

3.4%

Russian

3.4%

Arabic

3.4%

Carrier

2.3%

Japanese

2.3%

Urdu

2.3%

Cantonese

1.9%

Italian

1.9%

Korean

1.1%

Vietnamese

1.1%

Swahili

0.8%

Turkish

0.8%

Dutch

0.8%

Hebrew

0.8%
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Business Analyst-Consultant Education

Schools

University of Phoenix

19.4%

George Washington University

7.0%

Villanova University

6.5%

Georgia State University

5.7%

New York University

5.3%

Pennsylvania State University

4.9%

Pace University - New York

4.7%

Northeastern University

4.7%

University of Houston

4.5%

Ohio State University

4.2%

Strayer University

4.1%

University of Connecticut

3.4%

DePaul University

3.4%

Capella University

3.4%

Michigan State University

3.3%

Fairleigh Dickinson University

3.3%

University of Pittsburgh -

3.3%

George Mason University

3.1%

University of Illinois at Chicago

3.0%

New Jersey Institute of Technology

3.0%
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Majors

Business

31.2%

Finance

10.9%

Computer Science

7.8%

Project Management

5.3%

Accounting

5.2%

Computer Information Systems

5.0%

Management

4.6%

Information Technology

4.1%

Management Information Systems

3.8%

Marketing

3.5%

Economics

3.0%

Information Systems

2.9%

Electrical Engineering

2.0%

Management Science

1.9%

Computer Engineering

1.6%

Psychology

1.6%

Communication

1.5%

Political Science

1.4%

International Business

1.2%

English

1.2%
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Degrees

Bachelors

42.0%

Masters

35.7%

Other

11.4%

Certificate

4.7%

Associate

3.4%

Doctorate

1.4%

Diploma

1.2%

License

0.2%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$79,000
View Detailed Salary Report
$56,000
Min 10%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$111,000
Max 90%
Best Paying Company
Union Bank
Highest Paying City
Piscataway, NJ
Highest Paying State
New Jersey
Avg Experience Level
2.2 years
How much does a Business Analyst-Consultant make at top companies?
The national average salary for a Business Analyst-Consultant in the United States is $79,420 per year or $38 per hour. Those in the bottom 10 percent make under $56,000 a year, and the top 10 percent make over $111,000.

Real Business Analyst-Consultant Salaries

Job Title Company Location Start Date Salary
Consulting Business Analyst, IT Tesoro Companies, Inc. San Antonio, TX Apr 26, 2016 $135,000
Consulting Business Analyst, IT Tesoro Companies, Inc. San Antonio, TX Jul 24, 2016 $125,000
Oracle Projects Business Analyst National Oilwell Varco, L.P. Houston, TX Jun 20, 2016 $125,000
Business Analyst Consultant Sierra-Cedar, Inc. Lexington, KY Jul 31, 2015 $125,000
Business Analyst/Lead Consultant Cumberland Consulting Group, LLC Edison, NJ May 23, 2016 $120,000
Senior Project Business Analyst Biogen, Inc. Cambridge, MA Sep 02, 2015 $117,616
Business Analyst/Lead Consultant Cumberland Consulting Group, LLC Edison, NJ Mar 22, 2016 $110,000
Business Analyst/Internal Consultant Aperture Group, LLC Chicago, IL Mar 28, 2016 $110,000 -
$130,000
Business Analyst, Consulting Risk Management Solutions, Inc. Newark, CA Oct 26, 2016 $104,737
SR. Project Business Analyst Revereit LLC Cambridge, MA Apr 21, 2015 $100,698
Consultant-Business Analyst Enquero, Inc. San Jose, CA Jul 20, 2016 $100,000
Project Server Business Analyst Schlumberger Technology Corporation Houston, TX May 11, 2015 $97,000
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Warren, NJ Aug 11, 2015 $79,392
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Concord, CA Sep 29, 2015 $79,144
Business Consultant/Analyst BST Consultants, Inc. Tampa, FL Sep 10, 2015 $78,740
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Dallas, TX Feb 16, 2015 $78,707
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Farmington, CT Aug 10, 2015 $78,087
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Farmington, CT Feb 12, 2015 $78,083
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Farmington, CT Sep 11, 2015 $78,083
Business Analyst Consultant Optum Services, Inc. Austin, TX Oct 01, 2015 $68,578 -
$106,309
Consultant/Business Analyst 1 Capgemini America, Inc. Atlanta, GA Aug 31, 2016 $68,411 -
$102,000
Consultant/Business Analyst 1 Capgemini America, Inc. Irving, TX Aug 31, 2016 $68,411 -
$102,000
Consultant/Business Analyst 1 Capgemini America, Inc. Irving, TX Jan 08, 2016 $68,411 -
$102,000
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Cincinnati, OH Sep 25, 2015 $68,172
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Cincinnati, OH Sep 28, 2015 $67,812
Business Project Analyst Larsen & Toubro Infotech Limited Saint Paul, MN Aug 04, 2015 $67,668
Business Project Analyst (IT) Larsen & Toubro Infotech Limited Saint Paul, MN Aug 09, 2015 $67,668

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Top Skills for A Business Analyst-Consultant

  1. Business Requirements
  2. Project Management
  3. Test Cases
You can check out examples of real life uses of top skills on resumes here:
  • Worked with the business community to define business requirements and analyze the functional requirements and gathered the requirement form portfolio management.
  • Job includes project management of resources necessary to implement new operational or technology related processes.
  • Create Test Cases to conduct White Box Testing, SIT, Positive and Negative Testing, and UAT of the application.
  • Worked with different business users and analysts by conducting interviews to gather requirements and business process information.
  • Prepared detailed functional specifications, while analyzing application / user interface enhancements.

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Top 10 Best States for Business Analyst-Consultants

  1. Minnesota
  2. Virginia
  3. Texas
  4. District of Columbia
  5. New Jersey
  6. Connecticut
  7. Washington
  8. Massachusetts
  9. North Carolina
  10. Maryland
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