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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 Planning and Strategy Analyst||Victory Automotive Group||San Bruno, CA||Sep 01, 2015||$150,000|
|Senior Business Planning and Strategy Analyst||Victory Automotive Group, Inc.||San Bruno, CA||Oct 30, 2016||$150,000|
|Business Planning & Analysis Analytics Lead Analyst||Citigroup Technology, Inc.||Miami, FL||Jun 15, 2015||$138,000|
|Business Planning & Analysis Lead Analyst||Citigroup Global Markets Inc.||New York, NY||Aug 12, 2015||$132,558|
|Business Planning & Analysis Analytics Lead Analyst||Citigroup Global Markets Inc.||New York, NY||Jul 25, 2015||$130,000|
|Business Planning and Analysis Analytics Lead Analyst||Citibank, N.A.||Miami, FL||Mar 15, 2015||$125,000|
|Business Planning and Analysis Lead Analyst||Citigroup Global Markets Inc.||New York, NY||Jul 25, 2012||$125,000|
|Analyst, Strategic Planning and Business Analysis||Bunge Global Markets, Inc.||White Plains, NY||Sep 15, 2014||$120,000|
|Business Planning Analyst-WW Sales OPS||Apple Inc.||Cupertino, CA||Mar 01, 2011||$110,000|
|Business Planning and Strategy||Hewlett-Packard Enterprise Company||Houston, TX||Aug 03, 2016||$108,846|
|Business Planning & Consolidation Analyst||Quiksilver, Inc.||Huntington Beach, CA||Nov 27, 2012||$105,000|
|Business Planning and Analysis Senior Analyst||Citigroup Global Markets Inc.||New York, NY||Dec 28, 2011||$85,000|
|Business Planning & Analysis Senior Analyst||Citimortgage, Inc.||OFallon, MO||May 01, 2013||$85,000|
|Business Planning & Analysis Senior Analyst||Citimortgage, Inc.||OFallon, MO||Jan 05, 2013||$85,000|
|Business Planning Analyst||Slalom, LLC||Seattle, WA||Sep 05, 2015||$85,000 -
|Business Planning and Analysis Senior Analyst||Citicorp Credit Services, Inc. (USA)||Jacksonville, FL||Dec 05, 2011||$84,470|
|Business & Planning Analyst||The Boeing Company||Everett, WA||Sep 06, 2011||$84,000 -
|Business Planning Analyst||Almod Diamonds Ltd.||New York, NY||Aug 16, 2016||$83,000|
|Business Planning Analyst||Hewlett Packard Enterprise Company||Miramar, FL||Nov 18, 2016||$82,472 -
|Business Planning & Analysis Senior Analyst||Citibank, N.A.||OFallon, MO||Jun 08, 2011||$70,000|
|Business Planning & Analysis Senior Analyst||Citimortgage, Inc.||OFallon, MO||Jun 08, 2011||$70,000|
|Business Planning Analyst||Ushealth Administrators, LLC||Fort Worth, TX||May 15, 2012||$70,000|
|Business Planning & Reporting Analyst||Transatlantic Reinsurance Company||New York, NY||Sep 03, 2013||$70,000|
|Business Planning Analyst||Analog Devices, Inc.||Wilmington, MA||Aug 15, 2016||$69,992 -
|Global Analyst, Global Business Planning & Analysis||Exxon Mobil Corporation||Spring, TX||Dec 01, 2016||$68,707|
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Career Advice on becoming a Business Development Manager by Victoria P (Full Version)