A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.

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Management Analyst Responsibilities

Here are examples of responsibilities from real management analyst resumes representing typical tasks they are likely to perform in their roles.

  • Manage and mediate web communities for IRS online initiatives (management resource center, etc . )
  • Manage cross-functional and technical teams in the analysis, development, QA, implementation and support of products.
  • Update, manage, and configure Wiki and JIRA portals to reflect improvements and information sharing as the PMO evolves.
  • Perform reviews of select teams and programs to determine whether VBA and federal policies and guidelines are effectively implement and manage.
  • Lead JAD sessions to bring the business users and the scrum team to same converging point on requirements and change management.
  • Manage all technical documentation for PMI's certification program.
  • Create UAT test cases execute UAT testing with business users and train the users on the new systems.
  • Create and sign off testing scenarios and scripts for user acceptance testing (UAT) and performs UAT when necessary.
  • Develop consolidated statements and all reconciliations to utilize as a basis for the opening balance sheet.
  • Coordinate change windows with various departments for impact reduction.
  • Case folder submit to EEO for submission to DA.
  • Submit GPO s final action plans to OPM on time.
  • Create flow charts using Microsoft Visio and create prototypes for web tool.
  • Participate in forward planning the release windows and cycles across the SiriusXM portfolio.
  • Complete forensic review of plan, obligate, and liquidate costs report by IRS modernization project records.

Management Analyst Job Description

Between the years 2018 and 2028, management analyst jobs are expected to undergo a growth rate described as "much faster than average" at 14%, according to the Bureau of Labor Statistics. So if the thought "should I become a management analyst?" Has crossed your mind, maybe you should take the growth rate into account. In addition, the number of management analyst opportunities that are projected to become available by 2028 is 118,300.

A management analyst annual salary averages $69,804, which breaks down to $33.56 an hour. However, management analysts can earn anywhere from upwards of $49,000 to $98,000 a year. This means that the top-earning management analysts make $52,000 more than the lowest-earning ones.

Once you've become a management analyst, you may be curious about what other opportunities are out there. Careers aren't one size fits all. For that reason, we discovered some other jobs that you may find appealing. Some jobs you might find interesting include a process analyst, product analyst, analyst, and associate analyst.

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12 Management Analyst Resume Examples

Management Analyst Skills and Personality Traits

We calculated that 9% of Management Analysts are proficient in Customer Service, Project Management, and Logistics. They’re also known for soft skills such as Analytical skills, Communication skills, and Interpersonal skills.

We break down the percentage of Management Analysts that have these skills listed on their resume here:

  • Customer Service, 9%

    Skilled and effectively in customer service/communication/computer.

  • Project Management, 7%

    Supported operations in a project management role to ensure implementation and impact of analytic initiatives and responsible for agent performance.

  • Logistics, 5%

    Carried out maintenance and supply operations, facility management, equipment readiness coordination, property accountability, and logistics planning management.

  • Data Analysis, 5%

    Performed data analysis to support the decision process, incorporating aggregated data results into strategies to enhanced service delivery of programs.

  • Process Improvement, 4%

    Developed analysis reports which recommended process improvements for the Department of Defense Government Industrial Funding Accounting System, Materiel Support Group.

  • Management System, 4%

    Extracted and compiled data from various Financial Management system sources to develop sound variance analysis leading to potential revenue opportunities.

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"customer service," "project management," and "logistics" aren't the only skills we found management analysts list on their resumes. In fact, there's a whole list of management analyst responsibilities that we found, including:

  • The most important skills for a management analyst to have in this position are analytical skills. In this excerpt that we gathered from a management analyst resume, you'll understand why: "management analysts must be able to interpret a wide range of information and use their findings to make proposals." According to resumes we found, analytical skills can be used by a management analyst in order to "delivered an innovative data visualization capability. "
  • Another trait important for fulfilling management analyst duties is communication skills. According to a management analyst resume, "management analysts must be able to communicate clearly and precisely in both writing and speaking." Here's an example of how management analysts are able to utilize communication skills: "implemented communications strategies increasing client awareness and collaboration across diversity and hr functions. "
  • Interpersonal skills is also an important skill for management analysts to have. This example of how management analysts use this skill comes from a management analyst resume, "management analysts must work with managers and other employees of the organizations where they provide consulting services" Read this excerpt from a resume to understand how vital it is to their everyday roles and responsibilities, "utilized excellent interpersonal skills and diplomacy communicating with foreign and u.s. military and government officials resulting in flawless international communications boards. "
  • In order for certain management analyst responsibilities to be completed, the job requires the skill "problem-solving skills." According to a management analyst resume, "management analysts must be able to think creatively to solve clients’ problems" As an example, this snippet was taken directly from a resume about how this skill applies: "assessed current practices and implemented customized vba solutions that significantly improved accuracy and efficiency. "
  • As part of the management analyst description, you might find that one of the skills that might be helpful to the job is "time-management skills." A management analyst resume included this snippet: "management analysts often work under tight deadlines and must use their time efficiently to complete projects on time." This skill could be useful in this scenario: "demonstrated excellent organizational skills by developing and maintaining tracking systems to monitor actions and meet deadlines. "
  • See the full list of management analyst skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming a management analyst. We found that 65.8% of management analysts have graduated with a bachelor's degree and 16.2% of people in this position have earned their master's degrees. While most management analysts have a college degree, you may find it's also true that generally it's possible to be successful in this career with only a high school degree. In fact, our research shows that one out of every eight management analysts were not college graduates.

    The management analysts who went onto college to earn a more in-depth education generally studied business and finance, while a small population of management analysts studied accounting and political science.

    When you're ready to become a management analyst, you might wonder which companies hire management analysts. According to our research through management analyst resumes, management analysts are mostly hired by Molina Healthcare, Deloitte, and CTG. Now is a good time to apply as Molina Healthcare has 262 management analysts job openings, and there are 243 at Deloitte and 209 at CTG.

    But if you're interested in companies where you might earn a high salary, management analysts tend to earn the biggest salaries at The Citadel, L.E.K. Consulting, and McKinsey & Company Inc. Take The Citadel for example. The median management analyst salary is $151,314. At L.E.K. Consulting, management analysts earn an average of $146,775, while the average at McKinsey & Company Inc is $139,487. You should take into consideration how difficult it might be to secure a job with one of these companies.

    View more details on management analyst salaries across the United States.

    Some other companies you might be interested in as a management analyst include Accenture, JPMorgan Chase & Co., and Goldman Sachs. These three companies were found to hire the most management analysts from the top 100 U.S. educational institutions.

    The three companies that hire the most prestigious management analysts are:

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    What Process Analysts Do

    A process analyst is also known as an operations research analyst, who evaluates in detail the steps in producing products and making important decisions as well as providing recommendations on how to enhance them. They are IT specialists that analyze the business process and workflows to determine how they can be computerized and improved. Responsibilities include identifying problems and risks as well as engaging in problem resolution. Important skills to consider for applicants include being innovative thinkers and goal-oriented.

    In this section, we compare the average management analyst annual salary with that of a process analyst. Typically, process analysts earn a $3,429 higher salary than management analysts earn annually.

    While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both management analysts and process analysts positions are skilled in customer service, project management, and logistics.

    There are some key differences in responsibilities as well. For example, a management analyst responsibilities require skills like "data collection," "dod," "patients," and "visualization." Meanwhile a typical process analyst has skills in areas such as "continuous improvement," "lean six sigma," "visio," and "operational procedures." This difference in skills reveals how truly different these two careers really are.

    Process analysts receive the highest salaries in the finance industry coming in with an average yearly salary of $93,338. But management analysts are paid more in the professional industry with an average salary of $95,934.

    Process analysts tend to reach similar levels of education than management analysts. In fact, process analysts are 3.1% less likely to graduate with a Master's Degree and 0.4% less likely to have a Doctoral Degree.

    What Are The Duties Of a Product Analyst?

    A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.

    The next role we're going to look at is the product analyst profession. Typically, this position earns a higher pay. In fact, they earn a $9,512 higher salary than management analysts per year.

    Not everything about these jobs is different. Take their skills, for example. Management analysts and product analysts both include similar skills like "customer service," "project management," and "data analysis" on their resumes.

    In addition to the difference in salary, there are some other key differences that are worth noting. For example, management analyst responsibilities are more likely to require skills like "logistics," "management system," "sql," and "data collection." Meanwhile, a product analyst might be skilled in areas such as "tableau," "product management," "product development," and "powerpoint." These differences highlight just how different the day-to-day in each role looks.

    It's been discovered that product analysts earn higher salaries compared to management analysts, but we wanted to find out where product analysts earned the most pay. The answer? The technology industry. The average salary in the industry is $87,058. Additionally, management analysts earn the highest paychecks in the professional with an average salary of $95,934.

    In general, product analysts study at similar levels of education than management analysts. They're 1.5% less likely to obtain a Master's Degree while being 0.4% less likely to earn a Doctoral Degree.

    What Technology Do You Think Will Become More Important And Prevalent For Management Analysts In The Next 3-5 Years?

    Benjamin Clark Ph.D.

    Associate Professor, University of Oregon

    There are two things on this front that I think will become more important and prevalent. The first one is the virtual meeting platforms like Zoom, Google Meet, GoToMeeting, etc. As people become more familiar with them, they've become less hesitant to use them. Will this eliminate all travel and face-to-face meetings in the long-run, nope. But they will make some of these interactions more comfortable and less costly. The second thing isn't so much a technology as it is an output of technology-data. Understanding, using, manipulating, and analyzing data will be one of the critical things is moving forward that comes from a wide range of technologies. I'm not even talking about AI, deep learning, or data science here-though those will likely become more important to administrators, too.Show more

    How an Analyst Compares

    Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

    Let's now take a look at the analyst profession. On average, these workers make higher salaries than management analysts with a $3,203 difference per year.

    While looking through the resumes of several management analysts and analysts we discovered that both professions have similar skills. These similarities include skills such as "customer service," "project management," and "data analysis," but they differ when it comes to other required skills.

    There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, a management analyst is likely to be skilled in "logistics," "sql," "analyze data," and "patients," while a typical analyst is skilled in "troubleshoot," "digital transformation," "work ethic," and "excellent troubleshooting."

    Analysts make a very good living in the technology industry with an average annual salary of $79,330. Whereas management analysts are paid the highest salary in the professional industry with the average being $95,934.

    Analysts are known to earn similar educational levels when compared to management analysts. Additionally, they're 3.6% less likely to graduate with a Master's Degree, and 0.2% less likely to earn a Doctoral Degree.

    Description Of an Associate Analyst

    An associate analyst is a professional who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.

    The fourth career we look at typically earns lower pay than management analysts. On average, associate analysts earn a difference of $1,643 lower per year.

    While their salaries may vary, management analysts and associate analysts both use similar skills to perform their jobs. Resumes from both professions include skills like "customer service," "data analysis," and "process improvement. "

    Each job requires different skills like "project management," "logistics," "sql," and "dod," which might show up on a management analyst resume. Whereas associate analyst might include skills like "powerpoint," "healthcare," "portfolio," and "tableau."

    In general, associate analysts make a higher salary in the finance industry with an average of $88,076. The highest management analyst annual salary stems from the professional industry.

    In general, associate analysts reach similar levels of education when compared to management analysts resumes. Associate analysts are 0.3% less likely to earn their Master's Degree and 0.1% less likely to graduate with a Doctoral Degree.

    What a Management Analyst Does 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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