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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:
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.
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 Program Management Analyst
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Hispanic or Latino8.3%
Black or African American0.4%
Program Management Analyst
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University of Maryland - University College11.5%
Michigan State University11.5%
University of Phoenix10.7%
George Mason University6.9%
Pennsylvania State University3.8%
College of Southern Maryland3.8%
Indiana Wesleyan University3.8%
George Washington University3.1%
Embry-Riddle Aeronautical University - Daytona Beach3.1%
Northern Virginia Community College3.1%
University of Texas at Austin3.1%
Middle Tennessee State University3.1%
Arizona State University2.3%
Program Management Analyst
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|Job Title||Company||Location||Start Date||Salary|
|Program Management Analyst||Citicorp Credit Services, Inc.||Islandia, NY||Jul 15, 2013||$193,000|
|Program Management Analyst||Toa Communication Systems, Inc.||Yonkers, NY||Jun 27, 2014||$180,000|
|Program Management Analyst||Convergytics LLC||Duluth, GA||Apr 27, 2015||$144,000|
|Program Management Analyst||Citibank, N.A.||Islandia, NY||Sep 13, 2014||$142,400|
|Program Management Analyst, Prime Services IT||Credit Suisse Securities (USA) LLC||New York, NY||Sep 28, 2015||$133,723|
|Program Management Analyst||Citicorp Credit Services, Inc.||Islandia, NY||May 28, 2013||$131,400|
|Program Management Analyst||Convergytics LLC||Atlanta, GA||Oct 03, 2014||$130,000|
|Program Management Analyst||Convergytics LLC||Duluth, GA||Apr 15, 2015||$130,000|
|Program Management Analyst||Citibank, N.A.||Islandia, NY||Sep 01, 2015||$125,000|
|Program Management Analyst||Citibank, N.A.||Islandia, NY||Jul 01, 2015||$124,500|
|Program Management Analyst||Citibank, N.A.||Islandia, NY||Nov 10, 2014||$122,500|
|Program Management Analyst||Citibank, N.A.||Islandia, NY||Sep 10, 2015||$120,680|
|Program Management Analyst||Citibank, N.A||Islandia, NY||Aug 12, 2015||$120,680|
|Program Management Analyst||Citicorp Credit Services, Inc.||Islandia, NY||Jan 15, 2015||$120,000|
|Program Management Analyst||Trepp, LLC||New York, NY||May 17, 2013||$92,206 -
|Program Management Analyst, HR Techops||Novartis Vaccines and Diagnostics, Inc.||Cambridge, MA||Oct 01, 2014||$91,946|
|Program Management Analyst||Priserve Consulting Inc.||New York, NY||Aug 12, 2013||$90,000|
|Program Management Analyst||Priserve Consulting Inc.||Stamford, CT||Apr 14, 2014||$90,000|
|Program Management Analyst||Autodesk, Inc.||San Francisco, CA||Aug 15, 2016||$88,442 -
|Program Management Analyst||Integrated Management Systems Inc.||Dearborn, MI||Aug 12, 2014||$85,000|
|Program Management Analyst||Indegene, Inc.||Iselin, NJ||Nov 09, 2016||$80,000|
|Program Management Analyst||Priserve Consulting Inc.||Houston, TX||Sep 22, 2014||$80,000|
|Program Management Analyst||MacHine Intelligence Research Institute||Berkeley, CA||Apr 15, 2016||$70,000|
|Program Management Analyst||Priserve Consulting Inc.||Houston, TX||Sep 22, 2014||$70,000|
|Program Management Analyst||Mastech, Inc., A Mastech Holdings, Inc. Company||Saint Louis, MO||Jul 02, 2013||$69,622|
|Program Management Analyst||Tech Mahindra (Americas), Inc.||Saint Louis, MO||Sep 19, 2014||$69,389|
|Project Program Management SR. Analyst||Dell Marketing, LP||Canton, MA||Sep 19, 2013||$68,536|
|Program Management Analyst||Indegene, Inc.||Iselin, NJ||Jan 09, 2016||$68,000|
|Program Management Analyst||Indegene, Inc.||Iselin, NJ||Nov 09, 2016||$68,000|
|Program Management Analyst||MacHine Intelligence Research Institute, Inc.||Berkeley, CA||Apr 15, 2013||$67,933|
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