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Become A Business Analyst Internship

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Working As A Business Analyst Internship

  • 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

  • $62,000

    Average Salary

What Does A Business Analyst Internship 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 Internship

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 Internship Jobs

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Business Analyst Internship Career Paths

Business Analyst Internship
Project Manager Management Consultant Senior Business Analyst
Analytical Manager
8 Yearsyrs
Product Manager Sales Manager Team Manager
Assistant Vice President Operations
8 Yearsyrs
Senior Business Analyst Product Manager Marketing Director
Chief Marketing Officer
10 Yearsyrs
Account Manager Human Resources Coordinator Staffing Consultant
Client Program Manager
8 Yearsyrs
Senior Analyst Technical Consultant Customer Relationship Management Consultant
Customer Relationship Management Manager
7 Yearsyrs
Finance Analyst Accounting Manager Human Resources Manager
Director Of Human Resources Operations
10 Yearsyrs
Data Analyst Project Coordinator Human Resources Coordinator
Human Resources Lead
8 Yearsyrs
Project Manager Vice President
Partner
6 Yearsyrs
Analyst Planner
Planning Manager
8 Yearsyrs
Co-Founder User Experience Designer
Product Lead
7 Yearsyrs
Business Consultant Senior Business Analyst Project Manager/Analyst
Product Manager/Analyst
5 Yearsyrs
Data Analyst Operations Manager Account Executive
Relationship Manager
6 Yearsyrs
Senior Business Analyst Information Technology Project Manager Information Technology Director
Senior Director Of Information & Technology
14 Yearsyrs
Analyst Management Analyst
Senior Managment Analyst
7 Yearsyrs
Business Analyst Product Manager Operations Manager
Senior Operations Manager
9 Yearsyrs
Technical Business Analyst Technical Project Manager Operations Project Manager
Senior Operations Project Manager
10 Yearsyrs
Finance Analyst Pricing Analyst
Senior Pricing Analyst
7 Yearsyrs
Technical Business Analyst Program Manager Portfolio Manager
Strategist
6 Yearsyrs
Business Analyst Information Technology Manager Operations Manager
Supply Chain Manager
10 Yearsyrs
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Business Analyst Internship Demographics

Gender

Male

55.9%

Female

33.8%

Unknown

10.4%
Ethnicity

White

38.7%

Asian

37.8%

Hispanic or Latino

10.5%

Black or African American

7.9%

Unknown

5.1%
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Foreign Languages Spoken

Spanish

21.0%

Mandarin

19.7%

Chinese

15.1%

French

10.5%

Cantonese

4.8%

Hindi

4.6%

German

4.6%

Russian

2.9%

Korean

2.1%

Italian

2.1%

Portuguese

2.1%

Japanese

1.7%

Arabic

1.7%

Gujarati

1.3%

Urdu

1.3%

Bengali

1.1%

Greek

1.1%

Indonesian

0.8%

Polish

0.8%

Telugu

0.6%
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Business Analyst Internship Education

Schools

University of Texas at Dallas

16.1%

Syracuse University

7.1%

University of Illinois at Chicago

6.1%

Carnegie Mellon University

5.8%

University of Houston

5.0%

University of Southern California

4.8%

University of Washington

4.8%

University of Connecticut

4.6%

George Mason University

4.4%

University of Arizona

4.4%

Texas A&M University

4.0%

Purdue University

3.8%

Duke University

3.8%

New York University

3.6%

Temple University

3.6%

Pennsylvania State University

3.6%

Boston University

3.6%

Northeastern University

3.6%

University of Rochester

3.5%

Columbia University

3.5%
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Majors

Business

20.2%

Finance

15.2%

Management Information Systems

7.9%

Computer Information Systems

6.1%

Economics

5.9%

Information Systems

5.6%

Information Technology

5.3%

Computer Science

4.5%

Management

3.8%

Marketing

3.5%

Accounting

3.5%

Management Science

3.3%

Statistics

2.4%

Industrial Engineering

2.2%

Mathematics

2.1%

Computer Engineering

1.9%

Electrical Engineering

1.7%

Engineering And Industrial Management

1.7%

International Business

1.6%

Project Management

1.6%
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Degrees

Bachelors

45.2%

Masters

44.9%

Other

6.3%

Certificate

1.3%

Doctorate

1.3%

Associate

0.9%

Diploma

0.1%

License

0.0%
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Top Skills for A Business Analyst Internship

  1. Business Requirements
  2. Financial Statements
  3. Data Warehouse
You can check out examples of real life uses of top skills on resumes here:
  • Worked with project teams to define scope of effort/business requirements for development of new initiatives and enhancements.
  • Prepared financial statements, created narrative for business plans, implemented and maintained office website, general computer troubleshooting.
  • Identified/documented data sources and transformation rules required populating and maintaining data warehouse content.
  • Designed SQL queries to facilitate customer information retrieval.
  • Assisted client in development of business requirements, including identification of opportunities for Improvement and Optimization of Business Processes.

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