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Become A Decision Support Analyst

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Working As A Decision Support Analyst

  • 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

  • $86,816

    Average Salary

What Does A Decision Support Analyst 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 Decision Support Analyst

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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Decision Support Analyst Jobs

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Decision Support Analyst Career Paths

Decision Support Analyst
Senior Finance Analyst Controller
Corporate Controller
12 Yearsyrs
Support Manager Program Manager Senior Manager
Director Of Analytics
13 Yearsyrs
Consultant Senior Software Engineer Senior Manager
Director Of Enterprise Architecture
14 Yearsyrs
Senior Business Analyst Senior Consultant Senior Manager
Director Of Information
10 Yearsyrs
Chief Finance Officer President Recruiter
Director Of Talent Acquisition
12 Yearsyrs
Senior Consultant Senior Manager Controller
Finance Controller
9 Yearsyrs
Senior Business Analyst Project Manager Information Technology Project Manager
Information Technology Director
10 Yearsyrs
Data Analyst Business Analyst Program Manager
Operations Director
9 Yearsyrs
Senior Finance Analyst Finance Manager Sales Manager
Operations Manager
7 Yearsyrs
Consultant Senior Business Analyst Finance Manager
Reporting Manager
8 Yearsyrs
Controller Finance Director
Senior Director Of Finance
14 Yearsyrs
Senior Consultant Information Technology Manager Director Of Information
Senior Director Of Information & Technology
13 Yearsyrs
Data Analyst Finance Analyst Finance Manager
Senior Finance Manager
11 Yearsyrs
Support Manager Operations Manager Human Resources Coordinator
Senior Human Resources Consultant
9 Yearsyrs
Business Analyst Senior Consultant
Senior Manager
10 Yearsyrs
Business Analyst Project Manager
Senior Project Manager
12 Yearsyrs
Chief Finance Officer Instructor Service Manager
Service Operations Manager
8 Yearsyrs
Project Manager Information Technology Project Manager Director Of Information
Vice President Of Information Technology
12 Yearsyrs
Controller Operations Manager Assistant Vice President
Vice President Operation Manager
9 Yearsyrs
Project Manager Program Manager Business Developer
Vice President, Business Development
13 Yearsyrs
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Do you work as a Decision Support Analyst?

Decision Support Analyst Demographics

Gender

Female

49.9%

Male

47.7%

Unknown

2.4%
Ethnicity

White

62.5%

Black or African American

11.7%

Asian

10.9%

Hispanic or Latino

10.6%

Unknown

4.3%
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Languages Spoken

Spanish

52.9%

French

11.8%

Chinese

5.9%

Russian

5.9%

Tagalog

5.9%

Mandarin

5.9%

Korean

5.9%

Italian

5.9%
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Decision Support Analyst Education

Schools

University of Phoenix

17.2%

University of Central Arkansas

9.1%

University of Arkansas at Little Rock

8.1%

University of Washington

6.1%

University of North Texas

6.1%

University of South Florida

4.0%

University of Rochester

4.0%

University of Colorado at Boulder

4.0%

Georgia State University

4.0%

Regis University

4.0%

University of North Carolina at Greensboro

4.0%

University of Iowa

4.0%

University of Maryland - University College

4.0%

University of Arkansas, Fayetteville

3.0%

Dowling College

3.0%

University of Kentucky

3.0%

Virginia Commonwealth University

3.0%

University of Central Florida

3.0%

Villanova University

3.0%

University of New Orleans

3.0%
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Majors

Business

31.1%

Accounting

14.0%

Finance

10.0%

Computer Information Systems

7.0%

Computer Science

5.5%

Health Care Administration

5.0%

Management Information Systems

3.3%

Management

3.3%

Mathematics

3.0%

Information Systems

2.8%

Information Technology

2.3%

Nursing

2.0%

Public Health

1.8%

Economics

1.8%

Management Science

1.5%

Marketing

1.5%

Industrial Engineering

1.3%

Human Resources Management

1.3%

Project Management

1.0%

Computer Programming

0.8%
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Degrees

Masters

43.6%

Bachelors

39.8%

Other

7.4%

Certificate

4.6%

Associate

2.8%

Doctorate

1.6%

Diploma

0.2%
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Real Decision Support Analyst Salaries

Job Title Company Location Start Date Salary
Decision Support Analyst Google Inc. Mountain View, CA Apr 25, 2011 $135,000
Decision Support Engineering Analyst Google Inc. Mountain View, CA Aug 01, 2011 $127,000
Senior Decision Support Analyst Bed Bath and Beyond Inc. Union, NJ Jan 28, 2016 $126,690
Decision Support Analyst Facebook, Inc. Palo Alto, CA Jan 03, 2011 $125,000
Senior Decision Support Analyst Bed Bath and Beyond, Inc. Union, NJ Jan 28, 2013 $120,000
Senior Decision Support Analyst Bed Bath & Beyond Inc. Union, NJ May 28, 2015 $120,000
Decision Support Data Analyst Facebook, Inc. Menlo Park, CA Aug 18, 2014 $120,000
SR. Strategic Decision Support Analyst (PAM) Electronic Arts, Inc. Redwood City, CA Feb 09, 2016 $119,500
Decision Support Analyst Electronic Arts, Inc. Redwood City, CA Sep 09, 2013 $115,000
Decision Support Analyst Chevron Corporation Moon, PA Mar 14, 2015 $113,800
Decision Support Data Analyst Facebook, Inc. Menlo Park, CA Jul 30, 2014 $110,000
Business Decision Support Analyst Air Products and Chemicals, Inc. Allentown, PA Sep 23, 2012 $108,914
Decision Support Engineering Analyst Google Inc. San Francisco, CA Oct 01, 2011 $105,000
Lead Business Decision Support Analyst Air Products and Chemicals, Inc. Allentown, PA Sep 22, 2015 $82,659 -
$139,100
SR. Decision Support Analyst University of Miami-Miller School of Medicine Miami, FL Jun 02, 2014 $82,243
Decision Support Analyst Clopay Corporation Mason, OH Feb 15, 2016 $81,744 -
$99,388
Senior Decision Support Analyst Highmark Health Pittsburgh, PA Aug 15, 2016 $81,044
Senior Decision Support Analyst Acxiom Corporation Detroit, MI Jan 26, 2016 $80,163 -
$93,642
Decision Support Technical Analyst Intone Networks Inc. Sacramento, CA May 18, 2016 $80,000
Senior Decision Support Analyst Health and Hospital Corporation of Marion County Indianapolis, IN Jan 08, 2016 $80,000 -
$100,000
Supply Chain Decision Support Analyst Autozone, Inc. Memphis, TN Jul 09, 2016 $65,000
Decision Support Analyst Greenpeace, Inc. Washington, DC Jan 09, 2016 $64,391
Decision Support Analyst Greenpeace, Inc. Washington, DC Jan 10, 2016 $64,391
SR Decision Support Data Analyst/Programmer Indiana University Bloomington, IN Aug 01, 2012 $64,000
Decision Support Analyst Good Samaritan Hospital Los Angeles, CA Sep 13, 2013 $64,000
Decision Support Analyst Delivery Acxiom Corporation Detroit, MI Feb 17, 2012 $63,000
Decision Support Solutions Analyst Acxiom Corporation Conway, AR May 23, 2011 $63,000

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Top Skills for A Decision Support Analyst

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  1. Financial Statements
  2. Decision Support System
  3. Database
You can check out examples of real life uses of top skills on resumes here:
  • Developed statistic capturing and reporting process used for cost accounting and department financial statements.
  • Developed and implemented procedure to update hospital clinical costs utilizing Decision Support System.
  • Managed multiple decision support databases tapped to aid business development with strategic initiatives.
  • Conceptualized and executed various reporting solutions through SQL 2005 Reporting Services.
  • Produced standard and ad-hoc reports on service line profitability, physician reporting, resource consumption profiles and remittance discrepancies.

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