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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|
|Claims Analyst III||HNTB Corporation||New York, NY||Oct 14, 2016||$92,518|
|Claims Analyst III||HNTB Corporation||New York, NY||May 06, 2015||$90,022|
|Contracts & Claims Analyst||Vivaldi Real Estate, Ltd.||New York, NY||Nov 01, 2014||$82,750|
|Marine Claim Analyst Senior/Severity||AIG Claims, Inc.||Jersey City, NJ||Nov 23, 2015||$75,000|
|Claims Analyst III||AIG Claims, Inc.||New York, NY||Sep 06, 2014||$75,000|
|Claims Analyst III||AIG Claims, Inc.||New York, NY||Mar 05, 2014||$75,000|
|Claims Analyst III||Chartis Claims, Inc.||New York, NY||Mar 05, 2012||$75,000|
|Analytic Claims Analyst||Ameriprise Financial, Inc.||Phoenix, AZ||Feb 01, 2013||$71,800 -
|Claims Analyst||Plymouth Rock Assurance Corporation||Boston, MA||Jun 29, 2010||$67,500|
|Claims Analyst||AIG PC Global Services, Inc.||New York, NY||Feb 05, 2016||$65,656|
|Claims Analyst||AIG PC Global Services, Inc.||Berkeley Heights, NJ||Feb 05, 2016||$65,656|
|Analyst, Claims||American International Group, Inc.||New York, NY||Jul 08, 2013||$65,000|
|BP Oil Claims Loss Valuation Analyst||Smith Stag, LLC||New Orleans, LA||Sep 17, 2013||$62,610|
|BP Claims Analyst||Smith Stag LLC||New Orleans, LA||Oct 01, 2012||$62,610|
|Commercial Property Claims Analyst||Halliwell Engineering Associates||Aventura, FL||Oct 01, 2015||$55,890|
|Analyst, Claims||AIG PC Global Services, Inc.||Olathe, KS||Jan 09, 2016||$50,000|
|Claims Analyst||Aspen Insurance U.S. Services Inc.||New York, NY||Sep 15, 2015||$47,757|
|Subrogation Claims Analyst||Rawlings Group||La Grange, KY||Sep 17, 2016||$46,800|
|Claims Analyst||Galleher Corporation||Santa Fe Springs, CA||Sep 15, 2015||$45,552|
|Contracts & Claims Analyst||Vivaldi Real Estate, Ltd.||New York, NY||Sep 24, 2014||$43,702|
|Contracts & Claims Analyst||Vivaldi Real Estate, Ltd.||New York, NY||Sep 24, 2014||$42,867|
|Contracts & Claims Analyst||Vivaldi Real Estate, Ltd.||New York, NY||Oct 01, 2011||$41,740|
|Contracts & Claims Analyst||Vivaldi Real Estate Ltd.||New York, NY||Oct 01, 2012||$41,740|
|Contracts & Claims Analyst||Vivaldi Real Estate||New York, NY||Aug 01, 2012||$41,740|
|Contracts &Claims Analyst||Vivaldi Real State Ltd||New York, NY||Oct 01, 2012||$41,740|
|Contracts & Claims Analyst||Vivaldi Real Estate, Ltd.||New York, NY||Sep 23, 2011||$41,740|
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