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What is a Management Analyst

A management analyst, or management consultant, works with an organization's management teams to improve various aspects of the business. Management consultants analyze operations and identify ways to increase efficiency and profit. Their main duty is collecting data about how a company works and recommending changes to decrease costs and boost revenue.

As a management analyst, you'll often collaborate with clients, vendors, employees, and executives to identify the strengths and weaknesses of the company. You'll typically work in an office setting during regular business hours. However, frequent travel may be required to meet clients and attend conferences. Your suggestions for organizational changes for staying competitive in the market may be presented in written reports or oral presentations.

To work in the field of management analysis, you'll usually need a bachelor's degree, preferably in business, economics, political science, or a related field. Earning a master's degree in business administration (MBA) or becoming a certified management consultant may improve your job prospects. To be successful, you must have excellent analytical and organizational skills and the ability to understand and implement constructive business strategies and principles. Working as a management analyst, you may earn a median annual salary of $76,000 along with a benefits package of health and life insurance, a retirement plan, vacation or sick leave, and bonuses for outstanding performance. You may also enjoy a robust job outlook. According to BLS, employment growth for management analysts is projected to increase by 14 percent over the next decade, much faster than the average for all occupations.

There is more than meets the eye when it comes to being a Management Analyst. For example, did you know that they make an average of $36.08 an hour? That's $75,051 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

What Does a Management Analyst Do

There are certain skills that many Management Analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Interpersonal skills.

Learn more about what a Management Analyst does

How To Become a Management Analyst

If you're interested in becoming a Management Analyst, one of the first things to consider is how much education you need. We've determined that 65.8% of Management Analysts have a bachelor's degree. In terms of higher education levels, we found that 16.2% of Management Analysts have master's degrees. Even though most Management Analysts have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Management Analyst. When we researched the most common majors for a Management Analyst, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Management Analyst resumes include Associate Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become a Management Analyst. In fact, many Management Analyst jobs require experience in a role such as Administrative Assistant. Meanwhile, many Management Analysts also have previous career experience in roles such as Internship or Customer Service Representative.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. Boston Consulting Group Jobs (293)
  2. McKinsey & Company Inc Jobs (241)
  3. A.T. Kearney Jobs (113)
  4. Deloitte Jobs (91)
  5. PricewaterhouseCoopers Jobs (93)
Average Salary
$75,051
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
216,014
Job Openings
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Management Analyst Career Paths

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Average Salary for a Management Analyst

Management Analysts in America make an average salary of $75,051 per year or $36 per hour. The top 10 percent makes over $105,000 per year, while the bottom 10 percent under $53,000 per year.
Average Salary
$75,051
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How much should you be earning as an Management Analyst? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
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12 Management Analyst Resume Examples

Learn How To Write a Management Analyst Resume

At Zippia, we went through countless Management Analyst resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Management Analyst Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Boston Consulting Group Jobs (293)
  2. McKinsey & Company Inc Jobs (241)
  3. A.T. Kearney Jobs (113)
  4. Deloitte Jobs (91)
  5. PricewaterhouseCoopers Jobs (93)

Choose From 10+ Customizable Management Analyst Resume templates

Zippia allows you to choose from different easy-to-use Management Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Management Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Management Analyst Resume
Management Analyst Resume
Management Analyst Resume
Management Analyst Resume
Management Analyst Resume
Management Analyst Resume
Management Analyst Resume
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Management Analyst Resume
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Management Analyst Resume
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Management Analyst Resume
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Management Analyst Resume
Management Analyst Resume

Management Analyst Demographics

Management Analyst Gender Distribution

Male
Male
47%
Female
Female
54%

After extensive research and analysis, Zippia's data science team found that:

  • Among Management Analysts, 53.5% of them are women, while 46.5% are men.

  • The most common race/ethnicity among Management Analysts is White, which makes up 68.5% of all Management Analysts.

  • The most common foreign language among Management Analysts is Spanish at 43.3%.

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Management Analyst Education

Management Analyst Majors

33.4 %
8.8 %

Management Analyst Degrees

Bachelors

65.8 %

Masters

16.2 %

Associate

11.9 %

Top Colleges for Management Analysts

1. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

5. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

6. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

7. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

8. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

9. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

10. University of Rochester

Rochester, NY • Private

In-State Tuition
$53,909
Enrollment
6,348
Job Openings

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Online Courses For Management Analyst That You May Like

Business Analyst: Project Management Techniques and Tools
udemy
4.5
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Learn project management techniques to increase your project success rate as a Business Analyst!...

Plan the Project as a Business Analyst
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Increase your value as a Business Analyst by learning how to plan projects successfully without a Project Manager...

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Learn to read financial statements and make meaningful interpretations for business decisions in the age of big data...

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Top Skills For a Management Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 19.6% of Management Analysts listed Procedures on their resume, but soft skills such as Analytical skills and Communication skills are important as well.

Best States For a Management Analyst

Some places are better than others when it comes to starting a career as a Management Analyst. The best states for people in this position are Washington, New Jersey, New York, and Illinois. Management Analysts make the most in Washington with an average salary of $93,718. Whereas in New Jersey and New York, they would average $90,108 and $87,780, respectively. While Management Analysts would only make an average of $84,655 in Illinois, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. District of Columbia

Total Management Analyst Jobs:
1,086
Highest 10% Earn:
$135,000
Location Quotient:
2.82
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New York

Total Management Analyst Jobs:
3,942
Highest 10% Earn:
$129,000
Location Quotient:
1.34
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Management Analyst Jobs:
1,675
Highest 10% Earn:
$134,000
Location Quotient:
1
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Management Analysts

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Top Management Analyst Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ Management Analysts and discovered their number of Management Analyst opportunities and average salary. Through our research, we concluded that Ernst & Young was the best, especially with an average salary of $112,282. Cognizant follows up with an average salary of $86,435, and then comes Tech Mahindra with an average of $83,488. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a Management Analyst. The employers include CVS Health, Flagstar Bank, and USAA

Management Analyst Videos

Becoming a Management Analyst FAQs

What degree is best for a management analyst?

The best degree for a management analyst is one in business or social science. However, some employers prefer to hire candidates who have a master's degree in business administration (MBA).

What skills do you need to be a management analyst?

To be a management analyst, a person needs highly developed skills in communications, technology, and analysis. These skills can be taught in bachelor's or master's degree programs or learned on the job before entering a career as a management analyst.

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