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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.
Average Length of Employment
Top Careers Before Compensation Consultant
Top Careers After Compensation Consultant
Hispanic or Latino8.0%
Black or African American0.9%
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University of Phoenix7.3%
University of Minnesota - Twin Cities6.4%
Georgia State University5.5%
San Jose State University4.5%
Loyola University of Chicago4.5%
Central Michigan University4.5%
New York University4.5%
Michigan State University4.5%
University of Washington3.6%
Mercy College - Dobbs Ferry3.6%
Kennesaw State University3.6%
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|Job Title||Company||Location||Start Date||Salary|
|Executive Compensation Consultant||Towers Watson Pennsylvania Inc.||New York, NY||Jun 17, 2015||$150,000|
|Executive Compensation Consultant||Towers Watson Delaware Inc.||Philadelphia, PA||Oct 03, 2016||$135,750|
|Compensation Consultant||AON Consulting, Inc.||San Francisco, CA||Nov 07, 2016||$125,000|
|Senior Associate, Employee Compensation Consultant||Mercer (Us) Inc.||New York, NY||Sep 08, 2015||$122,470|
|Senior Executive Compensation Consultant||Mercer (Us) Inc.||Atlanta, GA||Oct 01, 2011||$121,400 -
|Executive Compensation Consultant||Towers Watson Pennsylvania Inc.||New York, NY||Oct 01, 2010||$119,600|
|Bi-Lingual Compensation Consultant||Avnet, Inc.||Doral, FL||Sep 13, 2016||$118,500|
|Vice President, Compensation Consultant II||Bank of America N.A.||New York, NY||Oct 15, 2009||$115,000 -
|Executive Compensation Consultant||Frederic W. Cook & Co., Inc.||New York, NY||Apr 13, 2015||$115,000 -
|Bilingual Compensation Consultant||Avnet, Inc.||Doral, FL||Sep 12, 2013||$107,000|
|Incentive Compensation Configuration Consultant||Accenture LLP||Overland Park, KS||Jun 09, 2016||$92,643|
|Employment Compensation Consultant||Mercer (Us) Inc.||San Francisco, CA||Aug 25, 2014||$92,600 -
|Compensation Consultant||Microsoft Corporation||Redmond, WA||Oct 12, 2009||$91,000|
|Compensation Consultant||Callidus Software Inc.||Dublin, CA||May 25, 2015||$90,418 -
|VP, Compensation Consultant II, Executive Compensation||Bank of America N.A.||New York, NY||Mar 10, 2016||$90,000 -
|Vice President, Compensation Consultant II||Bank of America N.A.||Boston, MA||Jun 28, 2010||$90,000 -
|Executive Compensation Consultant||Towers Watson Delaware Inc.||Detroit, MI||Sep 03, 2015||$89,000|
|Incentive Compensation Configuration Consultant||Accenture LLP||Atlanta, GA||Aug 27, 2015||$88,941|
|Executive Compensation Consultant||Towers Watson Delaware Inc.||San Francisco, CA||Oct 01, 2015||$88,010|
|Executive Compensation Consultant||Towers Watson Delaware Inc.||New York, NY||Sep 30, 2015||$83,000|
|Executive Compensation Consultant||Towers Watson Pennsylvania Inc.||Southfield, MI||Apr 22, 2015||$82,500|
|Employee Compensation Consultant||Mercer (Us) Inc.||New York, NY||Sep 18, 2013||$82,300 -
|Employee Compensation Consultant||Mercer (Us) Inc.||New York, NY||Sep 04, 2013||$82,300 -
|Employee Compensation Consultant||Mercer (Us) Inc.||Los Angeles, CA||Oct 01, 2013||$81,900 -
|Executive Compensation Consultant||Frederic W. Cook & Co., Inc.||New York, NY||Jun 08, 2015||$81,432 -
|Senior Associate, Employee Compensation Consultant||Mercer (Us) Inc.||New York, NY||Mar 21, 2014||$81,200 -
|Employee Compensation Consultant||Mercer (Us) Inc.||San Francisco, CA||Dec 29, 2014||$81,000 -
|Compensation Consultant||Buck Consultants, LLC||Boston, MA||Apr 18, 2011||$80,000|
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