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Become A Management Analyst

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Working As A Management 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

  • $73,000

    Average Salary

What Does A Management 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 Management 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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Management Analyst Career Paths

Management Analyst
Business Analyst Manager Finance Manager
Senior Finance Manager
11 Yearsyrs
Business Analyst Senior Finance Analyst
Manager Finance Planning And Analysis
8 Yearsyrs
Business Analyst Project Manager
Manager, Project Management
9 Yearsyrs
Consultant Controller Finance Director
Senior Director Of Finance
14 Yearsyrs
Consultant Project Manager Program Manager
Operations Program Manager
9 Yearsyrs
Consultant Manager Program Manager
Global Program Manager
10 Yearsyrs
Senior Analyst Senior Finance Analyst
Finance Project Manager
8 Yearsyrs
Project Manager General Manager Operations Director
Director Of Business Operations
10 Yearsyrs
Budget Analyst Finance Analyst Senior Finance Analyst
Finance Leader
7 Yearsyrs
Program Analyst Program Manager Business Development Manager
Proposal Manager
10 Yearsyrs
Team Leader Senior Project Manager Information Technology Director
Director Of Information Management
10 Yearsyrs
Budget Analyst Finance Analyst Senior Analyst
Analytical Manager
8 Yearsyrs
Account Executive Senior Sales Representative
Solutions Manager
8 Yearsyrs
Team Leader Senior Consultant Consultant/Project Manager
Manager, Project Management Office
12 Yearsyrs
Team Leader Project Leader Project Management Lead
Change Manager
9 Yearsyrs
Supervisor Quality Assurance Manager Quality Manager
Performance Manager
8 Yearsyrs
Manager Production Manager Processing Manager
Business Process Manager
10 Yearsyrs
Senior Analyst Senior Business Analyst Implementation Manager
Integration Manager
9 Yearsyrs
Office Manager Property Manager Asset Manager
Vending Manager
7 Yearsyrs
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Do you work as a Management Analyst?

Help others decide if this is a good career for them

Average Length of Employment
Staff Analyst 3.8 years
Senior Analyst 3.3 years
Resource Analyst 3.1 years
Control Analyst 3.0 years
Project Analyst 3.0 years
Management Analyst 3.0 years
Program Analyst 2.9 years
Planning Analyst 2.9 years
Analyst 2.4 years
Top Careers Before Management Analyst
Internship 10.3%
Analyst 6.5%
Secretary 4.1%
Consultant 3.7%
Supervisor 3.4%
Manager 3.1%
Cashier 2.9%
Top Careers After Management Analyst
Consultant 8.7%
Analyst 6.5%
Manager 5.0%
Associate 3.1%

Do you work as a Management Analyst?

Average Yearly Salary
$73,000
View Detailed Salary Report
$51,000
Min 10%
$73,000
Median 50%
$73,000
Median 50%
$73,000
Median 50%
$73,000
Median 50%
$73,000
Median 50%
$73,000
Median 50%
$73,000
Median 50%
$104,000
Max 90%
Best Paying Company
Google
Highest Paying City
Seattle, WA
Highest Paying State
Washington
Avg Experience Level
3.0 years
How much does a Management Analyst make at top companies?
The national average salary for a Management Analyst in the United States is $73,307 per year or $35 per hour. Those in the bottom 10 percent make under $51,000 a year, and the top 10 percent make over $104,000.

Real Management Analyst Salaries

Job Title Company Location Start Date Salary
Operations and Management Analyst The Eventful Group, LLC Syracuse, NY Dec 14, 2015 $300,000
Operations and Management Analyst The Eventful Group LLC Sausalito, CA Nov 19, 2015 $250,000
Management Analyst (Principal) The Boston Consulting Group, Inc. New York, NY Jan 20, 2015 $210,000 -
$240,000
Management Analyst (Principal) The Boston Consulting Group, Inc. Bethesda, MD Apr 20, 2015 $210,000 -
$240,000
Management Analyst (Principal) The Boston Consulting Group, Inc. Houston, TX Jul 15, 2016 $210,000 -
$240,000
Product Management Analyst Life Technologies Corporation South San Francisco, CA Oct 05, 2016 $206,731 -
$221,000
Management Analyst WNS North America Inc. Jersey City, NJ Oct 24, 2016 $191,000
Management Analyst WNS North America Inc. Jersey City, NJ Sep 22, 2016 $191,000
Management Analyst Platinum Performance Fitness, Inc. Santa Barbara, CA May 25, 2015 $187,287
Management Analyst (Project Leader) The Boston Consulting Group, Inc. New York, NY Aug 17, 2016 $182,112 -
$210,704
Management Analyst (Project Leader) The Boston Consulting Group, Inc. New York, NY Aug 16, 2016 $182,112 -
$210,704
Management Analyst (Project Leader) The Boston Consulting Group, Inc. Los Angeles, CA Jul 13, 2015 $182,091 -
$210,704
Risk Management Analyst Ellington Management Group, LLC Old Greenwich, CT Aug 03, 2015 $181,771
Management Analyst (Project Leader) The Boston Consulting Group, Inc. New York, NY Apr 25, 2016 $181,500 -
$210,000
Management Analyst Xoriant Corporation Sunnyvale, CA May 27, 2015 $83,408
Management Analyst Tech Mahindra (Americas), Inc. Santa Clara, CA Jul 18, 2015 $83,408
Management Analyst Tech Mahindra (Americas), Inc. Mountain View, CA Jul 01, 2015 $83,408
Management Analyst Tech Mahindra (Americas), Inc. Milpitas, CA Jul 27, 2015 $83,408
Manager Jc50-Management Analysts Cognizant Technology Solutions U.S. Corporation Omaha, NE Aug 14, 2016 $83,304
Manager Jc50-Management Analysts Cognizant Technology Solutions U.S. Corporation Des Moines, IA Aug 24, 2016 $83,200
Management Analyst Manhattan Pizza Company LLC Leesburg, VA May 15, 2016 $83,158
Management Analyst AURO Pro Systems, Inc. Owings Mills, MD Jan 10, 2016 $64,898
Associate Jc65-Management Analysts Cognizant Technology Solutions U.S. Corporation Owings Mills, MD Nov 23, 2016 $64,896
Management Analyst Goldman, Sachs & Co. New York, NY Mar 17, 2016 $64,800
Management Analyst Amiti Consulting, Inc. Ashburn, VA Sep 16, 2016 $64,697
Management Analyst Thai Food Depot Corp Washington, DC Jul 31, 2016 $64,697
Scheduling and Management Analyst Liffey Van Lines, Inc. New York, NY Apr 01, 2016 $64,697
Management Analyst Synchronisys, Inc. Minneapolis, MN Jul 28, 2015 $64,697
Management Analyst Infospan, Inc. Falls Church, VA Aug 09, 2016 $64,697

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Top Skills for A Management Analyst

  1. Financial Statements
  2. Personnel Files
  3. Data Collection
You can check out examples of real life uses of top skills on resumes here:
  • Provided assistance to portfolio managers by analyzing financial statements and other credit data using financial models and programs.
  • Established and maintained human resources-related files, including individual personnel files and recruitment files.
  • Identify significant weaknesses in data collection; established a standardized protocol for data capture to assure data consistency and integrity.
  • Provided budgetary supervision to Center management for Customer service, Telemarketing, and Operations.
  • Worked directly with entrepreneur to collect business requirements, and design and implement marketing strategies that dramatically converted leads to sales.

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Top 10 Best States for Management Analysts

  1. Massachusetts
  2. Connecticut
  3. New York
  4. North Carolina
  5. Washington
  6. District of Columbia
  7. Delaware
  8. New Jersey
  9. Illinois
  10. Ohio
  • (1,100 jobs)
  • (402 jobs)
  • (2,033 jobs)
  • (1,008 jobs)
  • (695 jobs)
  • (970 jobs)
  • (155 jobs)
  • (933 jobs)
  • (1,443 jobs)
  • (811 jobs)

Management Analyst Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 14,533 Management Analyst resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Management Analyst Resume

View Resume Examples

Management Analyst Demographics

Gender

Female

48.1%

Male

40.7%

Unknown

11.2%
Ethnicity

White

57.3%

Hispanic or Latino

14.6%

Black or African American

13.5%

Asian

10.6%

Unknown

3.9%
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Foreign Languages Spoken

Spanish

43.3%

French

10.7%

Chinese

6.3%

Mandarin

6.1%

Portuguese

5.1%

Japanese

4.3%

German

3.6%

Russian

2.9%

Italian

2.7%

Arabic

2.7%

Hindi

2.6%

Korean

2.4%

Cantonese

1.7%

Carrier

1.2%

Filipino

0.9%

Tagalog

0.9%

Polish

0.9%

Czech

0.7%

Urdu

0.7%

Turkish

0.5%
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Management Analyst Education

Schools

University of Phoenix

21.4%

University of Maryland - University College

9.0%

Strayer University

8.9%

George Mason University

6.7%

George Washington University

5.5%

Webster University

4.6%

American University

4.4%

New York University

4.1%

Pennsylvania State University

3.9%

University of Maryland - College Park

3.6%

Arizona State University

3.1%

Capella University

3.0%

University of Houston

2.9%

Northern Virginia Community College

2.9%

Michigan State University

2.8%

University of Texas at Austin

2.8%

Ohio State University

2.8%

Community College of the Air Force

2.7%

Columbia University

2.5%

Texas A&M University

2.4%
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Majors

Business

35.5%

Finance

9.4%

Accounting

6.3%

Management

6.1%

Economics

3.6%

Marketing

3.6%

Public Administration

3.5%

Health Care Administration

3.4%

Computer Information Systems

3.3%

Political Science

3.1%

Computer Science

2.9%

Human Resources Management

2.9%

Psychology

2.7%

Project Management

2.4%

Criminal Justice

2.4%

Information Technology

2.3%

Communication

1.9%

Supply Chain Management

1.7%

Law

1.7%

English

1.4%
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Degrees

Bachelors

40.5%

Masters

31.6%

Other

13.8%

Associate

6.5%

Certificate

4.3%

Doctorate

2.3%

Diploma

0.8%

License

0.2%
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Top Management Analyst Employers

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Career Advice on becoming a Marketing Manager by Charles E (Full Version)

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