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Become A Business Analyst/Manager

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Working As A Business Analyst/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

  • $103,786

    Average Salary

What Does A Business Analyst/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 Analyst/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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Do you work as a Business Analyst/Manager?

Business Analyst/Manager Jobs

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Average Length of Employment
Top Employers Before
Manager 5.0%
Consultant 4.0%
Analyst 3.8%
Top Employers After
Consultant 6.0%
Manager 3.7%

Do you work as a Business Analyst/Manager?

Business Analyst/Manager Demographics

Gender

Male

53.3%

Female

43.8%

Unknown

2.9%
Ethnicity

White

57.3%

Asian

13.9%

Hispanic or Latino

13.7%

Black or African American

10.7%

Unknown

4.3%
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Languages Spoken

Spanish

29.0%

French

14.5%

Portuguese

8.1%

German

8.1%

Romanian

4.8%

Hindi

4.8%

Russian

4.8%

Carrier

3.2%

Thai

3.2%

Italian

3.2%

Khmer

1.6%

Hungarian

1.6%

Turkish

1.6%

Greek

1.6%

Ilocano

1.6%

Gujarati

1.6%

Tagalog

1.6%

Polish

1.6%

Arabic

1.6%

Cebuano

1.6%
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Business Analyst/Manager Education

Schools

University of Phoenix

32.7%

New York University

6.4%

Villanova University

5.1%

Arizona State University

4.5%

University of South Florida

3.8%

George Washington University

3.8%

Michigan State University

3.8%

University of Miami

3.8%

Bryant University

3.2%

Brigham Young University

3.2%

University of Maryland - University College

3.2%

Georgetown University

3.2%

Pennsylvania State University

3.2%

University of Texas at Dallas

3.2%

University of Colorado at Boulder

3.2%

Strayer University

3.2%

Syracuse University

2.6%

Webster University

2.6%

University of Texas at Austin

2.6%

George Mason University

2.6%
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Majors

Business

38.8%

Finance

8.7%

Accounting

6.3%

Computer Science

5.8%

Management

5.2%

Marketing

4.6%

Project Management

3.7%

Computer Information Systems

3.7%

Management Information Systems

2.4%

Information Technology

2.4%

Economics

2.3%

English

2.1%

Psychology

2.1%

Political Science

2.1%

Information Systems

2.1%

Education

2.0%

Communication

1.5%

Management Science

1.5%

Mathematics

1.4%

Public Administration

1.2%
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Degrees

Bachelors

41.5%

Masters

34.0%

Other

13.7%

Associate

4.9%

Certificate

4.0%

Doctorate

1.0%

Diploma

0.7%

License

0.3%
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Internship
Temporary

Real Business Analyst/Manager Salaries

Job Title Company Location Start Date Salary
Business Analyst Manager JP Morgan Chase & Co New York, NY Aug 04, 2016 $195,208
Business Analyst Manager, Operational Transfer Pricing Thomson Reuters (Tax & Accounting) Inc. Hoboken, NJ Jun 16, 2016 $164,213
Business Analyst Manager Thomson Reuters (Tax & Accounting), Inc. Hoboken, NJ Jun 01, 2015 $164,213
Business Analyst Manager Genesis Corp Jersey City, NJ Jan 13, 2014 $156,525
Business Analyst Manager Jpmorgan Chase & Co. Fair Oaks, CA Mar 01, 2013 $154,000
Business Analyst Manager Microsoft Corporation Redmond, WA Aug 23, 2016 $147,484 -
$167,484
Business Analyst Manager Jpmorgan Chase & Co. New York, NY Jul 25, 2015 $147,000
Manager-Software/Business Analyst Synechron, Inc. Nashville, TN Oct 10, 2015 $146,420
Manager/Business Analyst Capgemini Financial Services USA Inc. New York, NY Jul 12, 2015 $143,957
Manager/Business Analyst Capgemini Financial Services USA Inc. New York, NY Nov 23, 2015 $143,957
Business SYS. Analyst (Consulting Solution Manager Oracle America, Inc. CA Apr 20, 2013 $141,500
Vice President, Business Analyst Manager Jpmorgan Chase & Co. New York, NY Aug 24, 2015 $140,000
Business Analyst Manager Jpmorgan Chase & Co. New York, NY Jul 11, 2014 $139,000
Business Analyst Manager American International Group, Inc. Parsippany-Troy Hills, NJ Jan 26, 2015 $115,000
Manager, Business Analyst Sears Holdings Management Corporation Hoffman Estates, IL Sep 03, 2013 $115,000
Manager, Business Analyst Navigation Arts LLC McLean, VA Jan 19, 2015 $115,000
Business Analyst (Care Manager) Healthedge Software, Inc. Burlington, MA May 18, 2015 $115,000
Manager-Software/Business Analyst Synechron, Inc. New York, NY Jan 01, 2016 $115,000
Manager/Business Analyst Capgemini Financial Services USA Inc. Atlanta, GA Jun 23, 2015 $113,610
Business Analyst Manager Jpmorgan Chase & Co. Newark, DE Feb 10, 2013 $113,000
Manager/Business Analyst Capgemini Financial Services USA Inc. Cranston, RI Feb 09, 2015 $100,298
Business Analyst II/Manager Capgemini U.S. LLC Atlanta, GA Jul 16, 2013 $100,298 -
$141,800
Business Analyst II/Manager Capgemini U.S. LLC Atlanta, GA Jul 23, 2013 $100,298 -
$141,800
Manager/Business Analyst Capgemini U.S. LLC Tampa, FL Nov 26, 2014 $100,277 -
$183,000
Business Analyst Manager Microsoft Corporation Bellevue, WA Oct 01, 2014 $100,241
Manager/Business Analyst Capgemini Financial Services USA Inc. Chicago, IL Aug 10, 2015 $100,152
Manager, Lending Business Analyst American Express Travel Related Services Company New York, NY Apr 07, 2014 $100,000
Business Analyst Manager Data, Inc. Montvale, NJ Oct 06, 2014 $100,000 -
$170,000

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Top Skills for A Business Analyst/Manager

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  1. Financial Statements
  2. Business Requirements
  3. Process Improvement
You can check out examples of real life uses of top skills on resumes here:
  • Compiled, prepared and analyzed financial statements and business activity reports.
  • Used formal development methodology and work closely with technical staff to formulate solutions to meet business requirements.
  • Managed business process improvement and organizational change management based on analysis done of each functional area to improvement organizational efficiency.
  • Authored first global application administration procedure for LabWare LIMS enabling a standardized process across all sites eliminating individual site specific procedures.
  • Audit center performance to company standards in operational processes compliance and make performance improvement recommendations.

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