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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

  • $79,000

    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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Do you work as a Management Analyst?

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Management Analyst Jobs

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Management Analyst Career Paths

Management Analyst
Information Technology Specialist Account Manager Key Account Manager
Account Development Manager
6 Yearsyrs
Budget Analyst Senior Accountant Staff Accountant
Accounts Payable Manager
7 Yearsyrs
Business Analyst Product Manager Marketing Manager
Business Development Manager
9 Yearsyrs
Senior Finance Analyst Business Manager
Business Operations Manager
8 Yearsyrs
Program Analyst Project Manager General Manager
Business Owner
6 Yearsyrs
Project Manager General Manager Property Manager
Communications Manager
6 Yearsyrs
Operations Manager Underwriter Senior Credit Analyst
Credit Manager
5 Yearsyrs
Information Technology Specialist Technical Consultant Customer Relationship Management Consultant
Customer Relationship Management Manager
7 Yearsyrs
Senior Analyst Senior Software Engineer
Development Manager
8 Yearsyrs
Program Analyst Business Analyst Finance Manager
Finance Director
10 Yearsyrs
Senior Consultant Project Manager Information Technology Project Manager
Global Project Manager
9 Yearsyrs
Senior Analyst Senior Finance Analyst Controller
Human Resources Manager
7 Yearsyrs
Program Manager Product Manager Operations Manager
Plant Manager
11 Yearsyrs
Business Analyst Program Manager Product Manager
Product Marketing Manager
7 Yearsyrs
Human Resources Analyst Human Resource Advisor Budget Analyst
Senior Budget Analyst
7 Yearsyrs
Operations Manager Business Analyst Product Analyst
Senior Product Analyst
7 Yearsyrs
Program Manager General Manager Service Advisor
Service Manager
6 Yearsyrs
Senior Finance Analyst Controller Operations Manager
Supply Chain Manager
10 Yearsyrs
Budget Analyst Finance Analyst Senior Consultant
Technical Manager
7 Yearsyrs
Project Manager Program Manager General Manager
Territory 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
Principal Analyst 3.2 years
Senior Analyst 3.2 years
Management Analyst 3.0 years
Resource Analyst 3.0 years
Project Analyst 3.0 years
Program Analyst 2.8 years
Planning Analyst 2.8 years
Process Analyst 2.6 years
Analyst 2.4 years
Associate Analyst 2.4 years
Top Careers Before Management Analyst
Internship 9.1%
Analyst 6.3%
Secretary 4.0%
Consultant 3.9%
Supervisor 3.5%
Manager 3.5%
Top Careers After Management Analyst
Consultant 8.6%
Analyst 6.6%
Manager 5.0%
Director 3.2%

Do you work as a Management Analyst?

Management Analyst Demographics

Gender

Female

52.3%

Male

44.6%

Unknown

3.1%
Ethnicity

White

57.2%

Hispanic or Latino

14.6%

Black or African American

13.1%

Asian

11.1%

Unknown

4.0%
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Foreign Languages Spoken

Spanish

41.5%

French

11.9%

Chinese

6.9%

Mandarin

6.3%

Portuguese

4.8%

Japanese

4.5%

German

4.1%

Korean

2.8%

Russian

2.8%

Hindi

2.4%

Italian

2.4%

Arabic

2.4%

Cantonese

1.5%

Carrier

1.3%

Polish

1.1%

Filipino

0.9%

Tagalog

0.9%

Turkish

0.6%

Czech

0.6%

Indonesian

0.4%
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Management Analyst Education

Schools

University of Phoenix

20.5%

Strayer University

8.5%

University of Maryland - University College

8.3%

George Mason University

7.3%

George Washington University

5.9%

Webster University

5.2%

American University

4.1%

Pennsylvania State University

3.9%

New York University

3.7%

Michigan State University

3.4%

Northern Virginia Community College

3.4%

Troy University

3.0%

Arizona State University

3.0%

Capella University

3.0%

Liberty University

2.9%

Georgia State University

2.9%

University of Maryland - College Park

2.8%

Kaplan University

2.8%

Johns Hopkins University

2.8%

Georgetown University

2.7%
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Majors

Business

34.5%

Finance

8.9%

Management

6.4%

Accounting

6.4%

Marketing

3.9%

Computer Information Systems

3.7%

Economics

3.6%

Public Administration

3.6%

Computer Science

3.2%

Political Science

2.9%

Health Care Administration

2.8%

Human Resources Management

2.8%

Psychology

2.8%

Project Management

2.6%

Information Technology

2.5%

Criminal Justice

2.3%

Supply Chain Management

1.9%

Communication

1.8%

Law

1.6%

Management Information Systems

1.5%
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Degrees

Bachelors

38.8%

Masters

31.9%

Other

14.7%

Associate

6.6%

Certificate

4.5%

Doctorate

2.6%

Diploma

0.8%

License

0.2%
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Real Management Analyst Salaries

Job Title Company Location Start Date Salary
Lead Managment Analysts Asta CRS, Inc. Ashburn, VA Nov 20, 2014 $170,250
Management Analysts Asta CRS, Inc. Ashburn, VA Mar 04, 2014 $122,100
Management Analysts Asta CRS, Inc. Ashburn, VA Jun 02, 2014 $116,000
Management Analysts Asta CRS, Inc. Ashburn, VA May 24, 2013 $115,600
Management Analysts Asta CRS, Inc. Ashburn, VA Aug 16, 2013 $115,600
Management Analyst (Business Process) Asta CRS, Inc. Ashburn, VA Aug 17, 2015 $114,795
Management Analysts Regal Limousine of Washington Dc Ashburn, VA Sep 16, 2019 $107,765
Management Analyst ICSA Inc. Ashburn, VA Jan 25, 2019 $106,000
Management Analyst (Database) Asta CRS, Inc. Ashburn, VA Apr 22, 2016 $103,750
Management Analysts (Data Security) Asta CRS, Inc. Ashburn, VA Apr 05, 2018 $103,272
Management Analysts (Engineering) Iqlogg Inc. Ashburn, VA Mar 13, 2018 $103,272
Management Analysts (International Business) Iqlogg Inc. Ashburn, VA Feb 20, 2019 $102,731
Managment Analysts (Data) Asta CRS, Inc. Ashburn, VA Jan 20, 2015 $102,550
Management Analysts (Technology) Asta CRS, Inc. Ashburn, VA Oct 15, 2015 $102,550
Management Analyst (Data) Asta CRS, Inc. Ashburn, VA Dec 04, 2014 $102,550
Management Analyst (Managerial Finance) Asta CRS, Inc. Ashburn, VA Mar 15, 2017 $102,149
Management Analysts Asta CRS, Inc. Ashburn, VA Apr 24, 2017 $102,149
Management Analyst (Managerial Finance) Asta CRS, Inc. Ashburn, VA Jul 22, 2016 $102,149
Management Analyst (International Finance) Asta CRS, Inc. Ashburn, VA Sep 13, 2016 $102,149
Management Analyst (International Finance) Asta CRS, Inc. Ashburn, VA May 01, 2017 $102,149
Management Analyst (Managerial Finance) Asta CRS, Inc. Ashburn, VA Mar 28, 2017 $102,149
Management Analysts Asta CRS, Inc. Ashburn, VA Dec 18, 2013 $99,550
Management Analysts Asta CRS, Inc. Ashburn, VA Jan 13, 2014 $99,550
Management Analysts-International Asta CRS, Inc. Ashburn, VA Nov 21, 2014 $99,550
Management Analysts-SIX Sigma Asta CRS, Inc. Ashburn, VA Dec 16, 2014 $99,550
Management Analysts-Engineering Asta CRS, Inc. Ashburn, VA Mar 30, 2015 $99,550
Management Analysts (Business) Asta CRS, Inc. Ashburn, VA Oct 14, 2015 $99,008
Management Analyst (Rdbms) Asta CRS, Inc. Ashburn, VA Sep 21, 2015 $99,008
Management Analysts-Healthcare Asta CRS, Inc. Ashburn, VA Sep 20, 2012 $97,500
Management Analysts(Business Analyst) Asta CRS, Inc. Ashburn, VA Apr 15, 2014 $96,500
Management Analyst (Human Resources) Asta CRS, Inc. Ashburn, VA Aug 19, 2015 $96,429
Management Analyst (Human Resources) Asta CRS, Inc. Ashburn, VA Jan 30, 2015 $96,429
Enterprise Risk Management Analyst Anira Solutions Inc. Ashburn, VA Sep 16, 2018 $96,000
Management Analyst Independent Project Analysis, Inc. Ashburn, VA Dec 09, 2009 $90,244
Management Analyst ICSA Inc. Ashburn, VA Dec 15, 2018 $89,136
Management Analyst(It Business Analyst) Asta CRS, Inc. Ashburn, VA Dec 11, 2013 $87,000
Management Analyst Tech Mahindra (Americas), Inc. Ashburn, VA Jun 06, 2018 $86,799
JR. Management Analysts (Operations) Asta CRS, Inc. Ashburn, VA Jan 19, 2018 $85,592
JR. Management Analysts (Operations) Asta CRS, Inc. Ashburn, VA Apr 05, 2018 $85,592
Management Analyst(It Business Analyst) Asta CRS, Inc. Ashburn, VA Nov 21, 2013 $85,000
Management Analysts Dynamic Infosys Inc. Ashburn, VA Dec 15, 2015 $83,480
Junior Management Analyst (Business) Asta CRS, Inc. Ashburn, VA Apr 22, 2016 $83,158
Junior Management Analyst (Business Strategy) Asta CRS, Inc. Ashburn, VA Aug 30, 2016 $83,158
Management Analyst (Business Analyst) Asta CRS, Inc. Ashburn, VA Sep 26, 2012 $80,000
Management Analysts Independent Project Analysis, Inc. Ashburn, VA May 01, 2014 $78,333
Management Analysts Independent Project Analysis, Inc. Ashburn, VA Sep 15, 2014 $78,083
Management Analyst Value Consulting USA, LLC Ashburn, VA Sep 09, 2009 $73,600
Management Analyst Value Consulting USA, LLC Ashburn, VA Sep 23, 2009 $73,600
Management Analysts Independent Project Analysis, Inc. Ashburn, VA Mar 17, 2010 $71,053
Management Analysts Independent Project Analysis, Inc. Ashburn, VA Mar 16, 2010 $71,053
Management Analyst ICSA Inc. Ashburn, VA Dec 15, 2018 $69,930
Management Analyst Infogen Software Inc. Ashburn, VA Dec 09, 2017 $67,000
Management Analyst Us Bridge Group, Inc. Ashburn, VA Sep 21, 2017 $66,784
Management Analyst ICSA Inc. Ashburn, VA Jun 02, 2017 $66,331
Management Analyst ICSA Inc. Ashburn, VA Dec 16, 2016 $66,331
Management Analyst ICSA Inc. Ashburn, VA Dec 15, 2016 $66,331
Management Analyst Value Consulting LLC Ashburn, VA Aug 28, 2009 $65,000
Management Analyst Value Consulting LLC Ashburn, VA Oct 01, 2009 $65,000
Management Analyst Value Consulting LLC Ashburn, VA Aug 05, 2009 $65,000
Management Analyst Value Consulting LLC Ashburn, VA Sep 02, 2009 $65,000
Management Analysts Amiti Consulting, Inc. Ashburn, VA Sep 16, 2016 $64,697
Management Analyst Amiti Consulting, Inc. Ashburn, VA Sep 16, 2016 $64,697
Management Analyst Amiti Consulting Inc. Ashburn, VA Sep 16, 2016 $64,405
Management Analyst Cerebrum Software Solutions Inc. Ashburn, VA Aug 30, 2016 $64,200
Management Analyst Asta CRS, Inc. Ashburn, VA May 05, 2015 $62,000
Management Analyst (Hotel Administration) Asta CRS, Inc. Ashburn, VA Oct 01, 2014 $62,000
Management Analyst Business Pointers Incorporated Ashburn, VA Sep 26, 2013 $62,000
Management Analysts Value Consulting LLC Ashburn, VA Sep 20, 2010 $62,000
Management Analyst Value Consulting LLC Ashburn, VA Dec 30, 2009 $61,000
Management Analysts Value Consulting LLC Ashburn, VA Dec 30, 2009 $61,000
Management Analyst Value Consulting LLC Ashburn, VA Aug 25, 2010 $60,800
Management Analyst Value Consulting LLC Ashburn, VA Jan 03, 2010 $60,000
Management Analyst Value Consulting LLC Ashburn, VA Jan 15, 2010 $60,000
Management Analyst Value Consulting LLC Ashburn, VA Oct 27, 2009 $60,000
Management Analyst Value Consulting LLC Ashburn, VA Nov 16, 2009 $60,000
Management Analysts Value Consulting LLC Ashburn, VA Apr 05, 2010 $60,000
Management Analysts Value Consulting LLC Ashburn, VA Apr 02, 2010 $60,000
Management Analysts Value Consulting LLC Ashburn, VA Sep 20, 2010 $60,000
Management Analysts Value Consulting LLC Ashburn, VA Apr 19, 2010 $60,000
Management Analysts Value Consulting LLC Ashburn, VA Jul 01, 2010 $60,000
Management Analyst Value Consulting LLC Ashburn, VA Oct 01, 2009 $60,000
Management Analyst Value Consulting LLC Ashburn, VA Sep 04, 2009 $60,000
Management Analyst Value Consulting LLC Ashburn, VA Sep 09, 2009 $60,000
Management Analyst Value Consulting LLC Ashburn, VA May 10, 2010 $60,000
Associate Jc65-Management Analyst Cognizant Technology Solutions U.S. Corporation Ashburn, VA Jun 15, 2014 $59,717
Management Analysts Value Consulting LLC Ashburn, VA Feb 26, 2010 $58,000
Management Analyst Value Consulting LLC Ashburn, VA Oct 16, 2009 $58,000

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AVERAGE SALARY FOR A Management Analyst

Average Yearly Salary
$79,000
View Detailed Salary Report
$56,000
Min 10%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$79,000
Median 50%
$111,000
Max 90%
Best Paying Company
UBSAG
Highest Paying City
Juneau, AK
Highest Paying State
Alaska
Avg Experience Level
2.9 years
How much does a Management Analyst make at top companies?
The national average salary for a Management Analyst in the United States is $79,460 per year or $38 per hour. Those in the bottom 10 percent make under $56,000 a year, and the top 10 percent make over $112,000.

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Top Skills for A Management Analyst

  1. Procedures
  2. Financial Statements
  3. Personnel Files
You can check out examples of real life uses of top skills on resumes here:
  • Documented new procedures, enhancements and functional specifications and designed training materials and courses used for educating staff and clients.
  • 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.
  • Increased management effectiveness by implementing reporting protocol and data collection matrix resulting in more fluid communication among workers and supervisors.
  • Implement a variety of activities by leading process improvement initiatives including Change Management and Project Management.

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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)

Top Management Analyst Employers

Jobs From Top Management Analyst Employers

Management Analyst Videos

Career Advice on becoming a Management Accountant by Matthew R (Full Version)

Career Advice on becoming a Business Development Manager by Victoria P (Full Version)

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

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