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Working As an Owner, Consultant

  • 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

  • $85,000

    Average Salary

What Does An Owner, Consultant 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 Owner, Consultant

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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Owner, Consultant Career Paths

Owner, Consultant
Consultant Controller
Corporate Controller
12 Yearsyrs
Consultant Office Manager Human Resources Manager
Human Resources Vice President
12 Yearsyrs
Consultant Controller Chief Finance Officer
Chief Finance And Operating Officer
14 Yearsyrs
Account Executive Office Manager Controller
Controller, Vice President
11 Yearsyrs
Account Executive Product Manager Senior Product Manager
Product Management Director
12 Yearsyrs
Account Executive Manager Vice President
President & Chief Operating Officer
13 Yearsyrs
Instructor Team Leader General Manager
Regional Vice President
11 Yearsyrs
Instructor Specialist Accountant
Finance Controller
9 Yearsyrs
Instructor Team Leader Director
Business Director
10 Yearsyrs
Systems Administrator Owner Finance Director
Senior Director Of Finance
14 Yearsyrs
Systems Administrator Project Manager Product Manager
Vice President, Product Management
13 Yearsyrs
Systems Administrator Project Manager Senior Manager
Practice Leader
11 Yearsyrs
Adjunct Faculty Programmer Analyst Senior Programmer Analyst
Application Manager
9 Yearsyrs
Adjunct Faculty Research Associate Senior Analyst
Manager, Strategy
8 Yearsyrs
Adjunct Faculty Programmer Analyst Senior Business Analyst
Implementation Manager
8 Yearsyrs
Technical Support Specialist Specialist Senior Sales Representative
Solutions Manager
8 Yearsyrs
Technical Support Specialist Information Technology Consultant Consultant/Project Manager
Manager, Project Management Office
12 Yearsyrs
Network Administrator Project Leader Project Management Lead
Change Manager
9 Yearsyrs
Technical Support Specialist Technical Consultant Senior Technical Consultant
Vice President, Technology
11 Yearsyrs
Adjunct Professor Professor Dean
Associate Vice President
9 Yearsyrs
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Average Length of Employment
Owner, Consultant 5.0 years
Consultant/Founder 4.4 years
Senior Consultant 3.0 years
Business Advisor 2.5 years
Consultant 2.4 years
Project Consultant 1.9 years
Junior Consultant 1.2 years
Top Careers Before Owner, Consultant
Consultant 10.4%
Owner 6.7%
Manager 6.7%
Director 5.9%
Instructor 3.5%
Top Careers After Owner, Consultant
Consultant 15.1%
Owner 11.6%
Manager 5.2%
Director 4.6%
Instructor 3.3%

Do you work as an Owner, Consultant?

Top Skills for An Owner, Consultant

  1. Website Development
  2. Financial Statements
  3. Project Management
You can check out examples of real life uses of top skills on resumes here:
  • Provided website development, managed email services and networking services to small businesses and non-profit organizations.
  • Reviewed and verified financial information like monthly financial statements, management accounts and cash flow statements.
  • Created the portfolio management processes and project management plan for the new project management office at a national educational testing organization.
  • Establish and implement quality control measures in order to increase accuracy, efficiency and ensure compliance.
  • Presented lectures regarding healthy approaches to collaborative teams and understanding customer personality to provide effective customer service specific to different situations.

Owner, Consultant 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 6,830 Owner, Consultant 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 Owner, Consultant Resume

View Resume Examples

Owner, Consultant Demographics

Gender

Male

57.8%

Female

34.0%

Unknown

8.1%
Ethnicity

White

65.1%

Hispanic or Latino

13.5%

Black or African American

11.2%

Asian

6.4%

Unknown

3.8%
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Foreign Languages Spoken

Spanish

54.5%

French

12.2%

Italian

7.7%

Japanese

3.8%

Portuguese

3.2%

German

3.2%

Russian

2.6%

Arabic

1.9%

Mandarin

1.3%

Carrier

1.3%

Tagalog

1.3%

Dakota

1.3%

Cheyenne

1.3%

Romanian

0.6%

Deseret

0.6%

Hindi

0.6%

Korean

0.6%

Danish

0.6%

Wolof

0.6%

Norwegian

0.6%
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Owner, Consultant Education

Schools

University of Phoenix

22.8%

University of Texas at Austin

5.7%

Michigan State University

5.6%

Pennsylvania State University

5.6%

New York University

5.1%

Walden University

4.7%

University of Washington

4.5%

Texas A&M University

4.1%

Capella University

3.9%

Northeastern University

3.9%

Arizona State University

3.6%

Brigham Young University

3.6%

San Jose State University

3.5%

American InterContinental University

3.5%

University of Denver

3.5%

Iowa State University

3.5%

University of Utah

3.2%

George Washington University

3.2%

University of North Texas

3.2%

Kaplan University

3.2%
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Majors

Business

33.1%

Computer Science

6.7%

Management

6.2%

Accounting

5.4%

Marketing

5.3%

Psychology

4.5%

Finance

4.4%

Electrical Engineering

4.1%

Communication

3.9%

Human Resources Management

3.3%

Computer Information Systems

3.3%

Education

3.1%

Political Science

2.3%

Information Technology

2.3%

Nursing

2.2%

Counseling Psychology

2.1%

English

2.0%

Law

2.0%

Mechanical Engineering

1.9%

Project Management

1.9%
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Degrees

Bachelors

39.1%

Masters

27.4%

Other

18.1%

Associate

6.6%

Doctorate

4.2%

Certificate

3.7%

Diploma

0.6%

License

0.3%
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Updated May 19, 2020