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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|
|Energy Analyst||Citadel LLC||New York, NY||Feb 05, 2015||$200,000|
|Analyst, Central Asia Energy Markets||Prospect Street Partners LLC||MD||Sep 24, 2015||$175,000|
|Surveyor, Energy Analyst||Citadel LLC||New York, NY||May 01, 2016||$175,000|
|Surveyor, Energy Analyst||Citadel LLC||New York, NY||Aug 20, 2015||$150,000 -
|Analyst, Energy and Utilities Sector||Hutchin Hill Capital, LP||San Francisco, CA||Mar 01, 2016||$150,000|
|Analyst, Energy and Utilities Sector||Hutchin Hill Capital, LP||San Francisco, CA||Jan 03, 2016||$150,000|
|Energy Analyst||Lawrence Livermore National Security, LLC||Livermore, CA||Oct 19, 2015||$128,336 -
|Energy Analyst||Lawrence Livermore National Security, LLC||Livermore, CA||Jan 02, 2016||$128,336 -
|Strategic Energy Analyst Principal||Lower Colorado River Authority||Austin, TX||Nov 11, 2016||$125,000|
|Energy Analyst||Lincus, Inc.||Emeryville, CA||Nov 23, 2016||$90,900|
|Assistant Energy Analyst||Uchicago Argonne, LLC||Lemont, IL||Nov 03, 2016||$88,000|
|Senior Energy Analyst, Commercial & Industrial||EDF, Inc.||Los Altos, CA||Jul 20, 2015||$85,000|
|Energy Analyst (Manufacturing)||Alliance for Sustainable Energy LLC||Golden, CO||Aug 03, 2016||$84,136|
|Energy Analyst||Energy Ventures Analysis, Inc.||Arlington, VA||Sep 14, 2016||$84,000|
|Senior Energy Analyst||Ascend Analytics, LLC||Boulder, CO||Dec 09, 2016||$82,500|
|Energy Analyst II||McGraw Hill Financial, Inc.||Houston, TX||Sep 09, 2015||$80,000|
|Hvac/Energy Analyst||U. & S. Services, Inc.||Tonawanda, NY||Sep 14, 2016||$80,000|
|Energy Analyst (Manufacturing)||The Alliance for Sustainable Energy LLC||Golden, CO||May 13, 2016||$69,243 -
|Energy Analyst||Vidaris, Inc.||Norwalk, CT||Jan 18, 2016||$69,000|
|Energy Analyst||Nuenergen, LLC||White Plains, NY||Jan 08, 2016||$68,640|
|Energy Analyst||The OGNI Group||Hillside, IL||Oct 02, 2015||$68,000|
|Energy Analyst II||McGraw Hill Financial, Inc.||Denver, CO||Aug 24, 2015||$66,560 -
|Energy Analyst||Regen Energy, Inc.||San Marcos, CA||Sep 16, 2015||$65,000|
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