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Become An Energy Analyst

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Working As An Energy 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

  • $68,839

    Average Salary

What Does An Energy 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 An Energy 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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Energy Analyst Videos

A Day in the Life of Robert, Process Operator at Suncor Energy

A Day in the Life of Jessica, Process Engineering Team Member at Suncor Energy

Career Advice on becoming a Commercial Lawyer by Chantal T (Full Version)

Energy Analyst Jobs

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Energy Analyst Demographics

Gender

Male

67.1%

Female

29.0%

Unknown

3.9%
Ethnicity

White

57.4%

Hispanic or Latino

14.4%

Asian

12.5%

Black or African American

11.4%

Unknown

4.2%
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Foreign Languages Spoken

Spanish

25.3%

French

15.2%

Chinese

10.1%

Mandarin

10.1%

Portuguese

5.1%

Arabic

5.1%

Japanese

3.8%

Carrier

3.8%

Italian

3.8%

Hindi

2.5%

Tagalog

2.5%

Korean

2.5%

Turkish

1.3%

Filipino

1.3%

Hebrew

1.3%

German

1.3%

Persian

1.3%

Cantonese

1.3%

Deseret

1.3%

Bengali

1.3%
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Energy Analyst Education

Schools

Pennsylvania State University

9.2%

Oregon State University

7.6%

University of Texas at Austin

7.6%

Johns Hopkins University

6.7%

Duke University

6.7%

New York University

5.9%

Cornell University

5.9%

Stanford University

5.0%

James Madison University

4.2%

University of Colorado at Boulder

4.2%

Sonoma State University

4.2%

Georgia Institute of Technology -

4.2%

Columbia University

4.2%

Texas A&M University

4.2%

University of Maryland - University College

3.4%

Arizona State University

3.4%

University of California - Berkeley

3.4%

University of California - Davis

3.4%

University of Phoenix

3.4%

San Diego State University

3.4%
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Majors

Business

18.2%

Finance

16.8%

Mechanical Engineering

8.9%

Environmental Science

8.4%

Economics

8.4%

Environmental Control Technologies/Technicians

6.5%

Legal Research And Advanced Professional Studies

5.1%

Accounting

4.6%

Management

3.3%

Sustainability

2.4%

Business Economics

2.4%

Political Science

2.4%

Engineering And Industrial Management

1.9%

Electrical Engineering

1.6%

Statistics

1.6%

Chemical Engineering

1.6%

International Relations

1.6%

Science, Technology, And Society

1.4%

Education

1.4%

English

1.4%
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Degrees

Bachelors

44.6%

Masters

35.0%

Other

10.0%

Certificate

3.6%

Doctorate

3.4%

Associate

3.1%

Diploma

0.2%
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Energy Analyst Videos

A Day in the Life of Robert, Process Operator at Suncor Energy

A Day in the Life of Jessica, Process Engineering Team Member at Suncor Energy

Career Advice on becoming a Commercial Lawyer by Chantal T (Full Version)

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Real Energy Analyst Salaries

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
Analyst, Energy and Utilities Sector Hutchin Hill Capital, LP San Francisco, CA Mar 01, 2016 $150,000
Surveyor, Energy Analyst Citadel LLC New York, NY Aug 20, 2015 $150,000 -
$215,000
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 Jan 02, 2016 $128,336 -
$181,896
Energy Analyst Lawrence Livermore National Security, LLC Livermore, CA Oct 19, 2015 $128,336 -
$181,896
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
Senior Energy Analyst TWC Administration LLC Herndon, VA Sep 05, 2015 $80,000 -
$100,000
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 -
$93,058
Energy Analyst Vidaris, Inc. Norwalk, CT Jan 18, 2016 $69,000
Energy Analyst Nuenergen, LLC White Plains, NY Jan 08, 2016 $68,640
Renewable Energy Analyst-Software Development Team Homer Energy, LLC Boulder, CO Mar 09, 2016 $68,411
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 -
$90,000

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Top Skills for An Energy Analyst

  1. Financial Statements
  2. Portfolio
  3. Database
You can check out examples of real life uses of top skills on resumes here:
  • Managed bank accounts, and reconciled financial statements, ensuring adequate funding for employee payroll and unexpected expenses.
  • Generated in-depth company analysis, identify special situations, and determined longer-term investment themes for buy-side analysts and portfolio managers.
  • Managed energy usage database for 26,000+ units of retrofitted housing, analyzing energy savings and identifying and responding to unexpected usage patterns
  • Recommended building infrastructure improvements, energy efficient lighting, and upgraded HVAC systems.
  • Prepared computerized energy compliance reports and specified energy-saving envelope, lighting, and mechanical features for residential and small commercial buildings.

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Top 10 Best States for Energy Analysts

  1. Massachusetts
  2. Virginia
  3. District of Columbia
  4. Maryland
  5. New Jersey
  6. Texas
  7. Washington
  8. Connecticut
  9. North Carolina
  10. Alabama
  • (1,128 jobs)
  • (2,150 jobs)
  • (954 jobs)
  • (1,023 jobs)
  • (864 jobs)
  • (2,246 jobs)
  • (608 jobs)
  • (365 jobs)
  • (905 jobs)
  • (293 jobs)

Top Energy Analyst Employers

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Jobs From Top Energy Analyst Employers

Energy Analyst Videos

A Day in the Life of Robert, Process Operator at Suncor Energy

A Day in the Life of Jessica, Process Engineering Team Member at Suncor Energy

Career Advice on becoming a Commercial Lawyer by Chantal T (Full Version)

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