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Working As A Business Analyst/Project 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 Analyst/Project 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/Project 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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Business Analyst/Project Manager Career Paths

Business Analyst/Project Manager
Project Manager Senior Project Manager
Director Of Project Management
12 Yearsyrs
Project Manager
Manager, Project Management
9 Yearsyrs
Project Manager Information Technology Project Manager
Senior Information Technology Manager
10 Yearsyrs
Information Technology Project Manager Program Manager
Manager, Program Management
9 Yearsyrs
Senior Project Manager
Director Of Professional Services
11 Yearsyrs
Program Manager
Global Program Manager
10 Yearsyrs
Program Manager Product Manager
Vice President, Product Management
13 Yearsyrs
Information Technology Project Manager Senior Project Manager
Director Of Software Development
12 Yearsyrs
Product Manager Senior Manager
Practice Leader
11 Yearsyrs
Technical Project Manager Information Technology Manager
Application Manager
9 Yearsyrs
Consultant/Project Manager
Manager, Project Management Office
12 Yearsyrs
Technical Project Manager
Product Owner
9 Yearsyrs
Technical Project Manager Implementation Manager
Integration Manager
9 Yearsyrs
Business Consultant/Project Manager Project Manager/Analyst
Change Manager
9 Yearsyrs
Service Manager Finance Manager
Finance Project Manager
8 Yearsyrs
Program/Project Manager Supply Chain Manager
Business Process Manager
10 Yearsyrs
Consultant/Project Manager Program/Project Manager
Solutions Manager
8 Yearsyrs
Implementation Manager Planning Manager
Manager, Strategy
8 Yearsyrs
Relationship Manager Asset Manager
Vending Manager
7 Yearsyrs
Business Operations Manager Finance Controller
Finance Leader
7 Yearsyrs
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Average Length of Employment
Top Careers Before Business Analyst/Project Manager
Consultant 4.3%
Analyst 1.7%
Top Careers After Business Analyst/Project Manager
Consultant 3.9%

Do you work as a Business Analyst/Project Manager?

Average Yearly Salary
$101,000
Show Salaries
$71,000
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%
$144,000
Max 90%
Best Paying Company
Citi
Highest Paying City
Washington, DC
Highest Paying State
New York
Avg Experience Level
3.4 years
How much does a Business Analyst/Project Manager make at top companies?
The national average salary for a Business Analyst/Project Manager in the United States is $101,863 per year or $49 per hour. Those in the bottom 10 percent make under $71,000 a year, and the top 10 percent make over $144,000.

The largest raises come from changing jobs.

See what's out there.

Real Business Analyst/Project Manager Salaries

Job Title Company Location Start Date Salary
Business Analyst Project Manager, Vice President Goldman Sachs Services LLC Oct 27, 2014 $188,843
Business Analyst Project Manager, VP Goldman Sachs Bank USA Oct 27, 2014 $188,843
Business Analyst Project Manager VP Goldman Sachs & Co. Sep 23, 2015 $188,800
Vice President/Business Analyst Project Manager Goldman Sachs Bank USA Sep 01, 2014 $165,000
SR. Business Analyst, Project Manager JP Morgan Chase & Co Apr 02, 2016 $160,000
AVP, Business Analyst-Project Manager, Global TE Barclays Services Corp. Jan 21, 2013 $160,000
SR. Business Analyst, Project Manager Jpmorgan Chase & Co. Aug 02, 2013 $160,000
Test Business Analyst/Project Manager Princeton Information, Ltd. Apr 04, 2016 $160,000
Test Business Analyst/Project Manager Princeton Information, Ltd. Feb 05, 2016 $160,000
Vice President, Business Analyst/Project Manager Goldman, Sachs & Co. Mar 01, 2013 $155,000
Senior Business Analyst/Project Manager AIG Global Asset Management Holdings Corp. Apr 13, 2015 $154,000
Director, Business Analyst/Project Manager UBS Services LLC Jan 04, 2016 $153,546 -
$190,000
Big Data Business Analyst and Technical Project Manager AIG Employee Services, Inc. Jun 23, 2016 $125,000
Vice President, Business Analyst/Project Manager Bank of America N.A. Sep 29, 2013 $122,500 -
$142,500
Business Analyst/Project Manager The Oakleaf Group, LLC Dec 11, 2013 $120,000
Business Analyst/Project Manager Slalom LLC Jan 27, 2014 $120,000 -
$130,000
Business Analyst/Project Manager Slalom LLC Apr 07, 2014 $120,000 -
$130,000
Business Analyst/Project Manager The Oakleaf Group Dec 11, 2013 $120,000
Vice President/Business Analyst Project Manager Goldman Sachs Services LLC Sep 01, 2013 $118,000
Business Analyst/Technical Project Manager Slalom LLC Sep 02, 2014 $100,000 -
$130,000
Business Analyst/Technical Project Manager Slalom LLC Feb 09, 2014 $100,000 -
$130,000
SR. Business Analyst/Project Manager Asap Solutions Group Apr 29, 2014 $100,000
Associate, Business Analyst/Project Manager Jpmorgan Chase & Co. Dec 21, 2015 $100,000
SR. Business Analyst/Project Manager Asap Solutions Group Sep 26, 2014 $100,000
Business Analyst/Technical Project Manager Slalom LLC Sep 15, 2014 $100,000 -
$130,000
Senior Business Analyst Project Manager Sunsoft LLC Aug 01, 2015 $100,000
Business Analyst/Jr. Project Manager Slalom LLC Aug 27, 2014 $100,000 -
$135,000

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Top Skills for A Business Analyst/Project Manager

  1. Business Requirements
  2. Project Management
  3. Test Cases
You can check out examples of real life uses of top skills on resumes here:
  • Prepared Business Requirements Specifications and Functional Requirements Specifications.
  • Led IDG Six Sigma effort to continuously improve project management processes by building forecasting models to estimate schedule and resource utilization.
  • Provided UAT support through test cases/data creation and execution to support to ensure system meets requirements/real-world scenarios according to specifications.
  • Developed collaborative working relationships with key stakeholders to clearly determine business systems and application needs and provide the best solution possible.
  • Developed functional specifications, documented and verified results of user acceptance testing, managed change requests and system fixes.

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Top 10 Best States for Business Analyst/Project Managers

  1. New York
  2. Virginia
  3. District of Columbia
  4. Connecticut
  5. Massachusetts
  6. Maryland
  7. New Jersey
  8. North Carolina
  9. Pennsylvania
  10. Colorado
  • (3,647 jobs)
  • (3,902 jobs)
  • (1,257 jobs)
  • (960 jobs)
  • (2,490 jobs)
  • (1,655 jobs)
  • (1,982 jobs)
  • (2,158 jobs)
  • (2,123 jobs)
  • (1,432 jobs)

Business Analyst/Project Manager Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 7,046 Business Analyst/Project Manager resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Business Analyst/Project Manager Resume

View Resume Examples

Business Analyst/Project Manager Demographics

Gender

Male

53.9%

Female

42.3%

Unknown

3.7%
Ethnicity

White

54.0%

Asian

16.5%

Hispanic or Latino

13.5%

Black or African American

10.6%

Unknown

5.4%
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Foreign Languages Spoken

Spanish

36.0%

French

13.4%

Portuguese

5.8%

Russian

4.7%

Chinese

4.7%

Japanese

4.7%

Mandarin

4.1%

German

4.1%

Arabic

4.1%

Hindi

3.5%

Carrier

2.9%

Polish

2.9%

Italian

2.3%

Romanian

1.2%

Dutch

1.2%

Hebrew

1.2%

Urdu

1.2%

Cheyenne

1.2%

Swahili

0.6%

Turkish

0.6%
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Business Analyst/Project Manager Education

Schools

New York University

8.8%

Villanova University

8.0%

DePaul University

8.0%

University of Houston

8.0%

George Washington University

7.2%

New Jersey Institute of Technology

5.2%

University of South Florida

4.8%

University of Maryland - University College

4.4%

Ohio State University

4.4%

Stevens Institute of Technology

4.4%

Arizona State University

4.0%

University of Texas at Austin

4.0%

University of Georgia

4.0%

Syracuse University

3.6%

San Jose State University

3.6%

Pace University - New York

3.6%

Webster University

3.6%

University of Texas at Dallas

3.6%

George Mason University

3.6%

University of Washington

3.6%
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Majors

Business

30.2%

Computer Science

9.3%

Finance

9.0%

Project Management

8.2%

Management Information Systems

6.7%

Management

5.2%

Information Technology

4.8%

Computer Information Systems

3.4%

Accounting

3.2%

Electrical Engineering

2.6%

Computer Systems Security

2.4%

Marketing

2.1%

Management Science

2.1%

Economics

2.1%

Computer Engineering

2.0%

Environmental Control Technologies/Technicians

1.5%

Communication

1.5%

Computer Networking

1.4%

Psychology

1.3%

English

1.2%
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Degrees

Masters

42.2%

Bachelors

42.2%

Certificate

8.3%

Associate

3.9%

Doctorate

1.3%

Diploma

1.2%

High School Diploma

0.7%

License

0.3%
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Updated May 18, 2020