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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.
Average Length of Employment
Top Careers Before Principal Analyst
Top Careers After Principal Analyst
Hispanic or Latino7.8%
Black or African American0.9%
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George Washington University11.0%
University of Phoenix8.3%
Johns Hopkins University5.5%
Colorado Technical University5.5%
George Mason University5.5%
Texas A&M University4.6%
University of Southern California4.6%
Arizona State University3.7%
Florida Institute of Technology-Melbourne3.7%
Community College of the Air Force3.7%
College of William and Mary3.7%
Montana State University - Bozeman3.7%
University of Maryland - University College3.7%
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|Job Title||Company||Location||Start Date||Salary|
|Principal Analyst, Drilling||QRI International, LLC||Houston, TX||Mar 11, 2015||$200,000|
|Principal Analyst||Forrester Research, Inc.||San Francisco, CA||Jul 14, 2016||$170,000 -
|Principal Enterprisewide Analyst||Infinera Corporation||Sunnyvale, CA||Aug 08, 2016||$152,122 -
|Principal Analyst, Marketing & Web Analytics||Upwork, Inc.||Mountain View, CA||Aug 17, 2015||$145,000|
|Principal Analyst||Upwork Inc.||Mountain View, CA||Aug 15, 2016||$145,000|
|Principal Analyst Distribution and Product Pedigree||Hospira, Inc.||Lake Forest, IL||May 02, 2015||$140,796|
|Principal Analyst||Statoil Gulf Services LLC||Austin, TX||Oct 19, 2016||$140,000|
|Principal Analyst, Applications Support||T-Mobile USA, Inc.||Bothell, WA||Sep 10, 2015||$137,812|
|Principal Analyst Quality Management||Staples, Inc.||Seattle, WA||Apr 15, 2016||$134,000 -
|Principal Specialist I-ERP Analyst/Sd||Charles River Laboratories, Inc.||Wilmington, MA||Feb 23, 2015||$130,000|
|Principal Analyst||Forrester Research, Inc.||Miami Beach, FL||Jun 05, 2016||$130,000 -
|Principal Analyst, Strategic Workforce Planning||National Grid USA Service Company, Inc.||Waltham, MA||Mar 10, 2016||$128,400|
|Principal Analyst, Functional||T-Mobile USA, Inc.||Bellevue, WA||Jun 01, 2015||$128,000 -
|Principal Analyst/Solutions Processing Expert Finance||Mondelez Global LLC||East Hanover, NJ||Aug 11, 2015||$111,968|
|Principal Analyst||IHS Global Inc.||Houston, TX||Apr 23, 2015||$110,569|
|Principal Analyst Business Systems Analysis||Globalfoundries U.S. Inc.||Santa Clara, CA||Jan 15, 2015||$110,013 -
|Principal Analyst||Bristol-Myers Squibb Company||Pennington, NJ||Mar 02, 2015||$110,000|
|Principal Analyst, Data Science||Liberty Mutual Group Inc.||Boston, MA||Dec 12, 2016||$110,000|
|Principal Analyst||E.R. Squibb & Sons, LLC||Wallingford, CT||Nov 22, 2016||$109,970|
|Principal Analyst Gpve||Bristol-Myers Squibb Company||New Brunswick, NJ||Aug 17, 2015||$107,120|
|Principal Analyst, Clinical Data Programming||Quintiles, Inc.||Durham, NC||May 24, 2016||$107,000|
|Principal Analyst, Clinical Data Programming||Quintiles, Inc.||Durham, NC||Nov 16, 2016||$98,468|
|Principal Analyst, Customer Analytics||Staples, Inc.||Framingham, MA||Sep 14, 2015||$98,000|
|Principal Health Service Analyst||Mayo Clinic||Rochester, MN||Jan 02, 2015||$97,760|
|Principal Workflow Analyst||National Medical Care, Inc., A Fresenius Medical Care N.A. Company||Lexington, MA||Sep 23, 2016||$96,816|
|Principal Analyst Quality Management||Staples, Inc.||Framingham, MA||Dec 04, 2016||$96,704|
|Principal Analyst||Terumo BCT, Inc.||Lakewood, CO||Jan 12, 2016||$96,678 -
|Principal Analyst||Bristol-Myers Squibb Company||Princeton, NJ||Jun 09, 2016||$95,829|
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