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Become A Resource Analyst

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Working As A Resource 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

  • $71,115

    Average Salary

What Does A Resource 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 Resource 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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Resource Analyst Demographics

Gender

Female

53.3%

Male

45.0%

Unknown

1.7%
Ethnicity

White

60.6%

Hispanic or Latino

13.7%

Black or African American

12.2%

Asian

10.1%

Unknown

3.4%
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Foreign Languages Spoken

Spanish

29.2%

Chinese

12.5%

German

12.5%

French

8.3%

Portuguese

4.2%

Zulu

4.2%

Vietnamese

4.2%

Braille

4.2%

Russian

4.2%

Polish

4.2%

Korean

4.2%

Mandarin

4.2%

Italian

4.2%
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Resource Analyst Education

Schools

University of Phoenix

17.8%

Kaplan University

6.7%

University of Nevada - Reno

5.6%

University of Maryland - University College

5.6%

Webster University

5.6%

Strayer University

5.6%

George Mason University

5.6%

Southern New Hampshire University

5.6%

University of Houston

4.4%

Virginia Commonwealth University

4.4%

Northern Virginia Community College

4.4%

Marshall University

3.3%

North Carolina State University

3.3%

Western Governors University

3.3%

Madison Area Technical College

3.3%

Pennsylvania State University

3.3%

Northeastern University

3.3%

University of Maryland - College Park

3.3%

Indiana Wesleyan University

3.3%

University of Texas at Arlington

2.2%
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Majors

Business

40.8%

Finance

6.0%

Management

5.7%

Accounting

4.9%

Computer Science

3.8%

Biology

3.8%

Information Technology

3.8%

Information Systems

3.4%

Project Management

3.0%

Psychology

3.0%

Communication

2.6%

Computer Information Systems

2.6%

Education

2.3%

Environmental Science

2.3%

Economics

2.3%

Marketing

2.3%

Public Health

1.9%

General Studies

1.9%

Nursing

1.9%

Electrical Engineering

1.9%
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Degrees

Bachelors

36.6%

Masters

29.2%

Other

20.6%

Associate

8.6%

Certificate

3.4%

Doctorate

1.5%
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Temporary

Real Resource Analyst Salaries

Job Title Company Location Start Date Salary
Senior Resource Strategy Analyst IV Portland General Electric Company Portland, OR Apr 16, 2015 $100,022
Senior Resource Strategy Analyst IV Portland General Electric Company Portland, OR May 24, 2016 $100,022
Senior Resource Strategy Analyst IV Portland General Electric Company Portland, OR Oct 28, 2016 $100,022
Enterprise Resource Analyst III Bi-State Development Agency Saint Louis, MO Oct 05, 2009 $95,000
Senior Resource Modeling Analyst Windlogics, Inc. Juno Beach, FL Feb 01, 2014 $93,000
Systems and Storage Management Resource Analyst ATOS Origin, Inc. Arlington, TX Feb 06, 2012 $90,207
Systems and Storage Management Resource Analyst ATOS Arlington, TX Feb 06, 2012 $90,207
Principal Services Resource Analyst Ca Technologies, Inc. Chesterfield, MO Aug 22, 2011 $85,000
Resource Analyst-Operations Oracle America, Inc. San Jose, CA Nov 03, 2014 $84,398 -
$95,409
Resource Analyst Zeno Sky Inc. Crawfordville, FL Feb 09, 2016 $80,000
Finance and Resource Analyst Pillars Hospice Care, LLC Phoenix, AZ Oct 01, 2015 $76,461
Finance and Resource Analyst Pillars Hospice Care, LLC Phoenix, AZ Jun 07, 2015 $76,461
Financial Resource Analyst, SR. Lg Electronics Mobilecomm U.S.A., Inc. San Diego, CA Oct 20, 2010 $74,818 -
$85,000
Nursing Resource Analyst Peterson Park Health Care Center Inc. Chicago, IL Sep 30, 2015 $73,530
Nursing Resource Analyst Central Nursing & Rehab Center Chicago, IL May 23, 2015 $73,530
Global Resourcing Analyst Dover Corporation Downers Grove, IL Oct 01, 2010 $70,000 -
$90,000
Resource Analyst Sap America, Inc. Chandler, AZ Oct 01, 2009 $68,400 -
$112,800
Wind Resource Analyst Everpower Wind Holdings Inc. Pittsburgh, PA Oct 01, 2015 $66,500
Wind Resource Analyst WKN USA LLC San Diego, CA Sep 14, 2013 $65,000
Wind Resource Analyst WKN USA LLC San Diego, CA Sep 17, 2013 $65,000
Analyst Sr.Resource Optimization Us Airways, Inc. Fort Worth, TX Aug 11, 2014 $62,088 -
$77,000
Resource Analyst World Wildlife Fund Us Washington, DC Oct 01, 2011 $61,500
Nursing Resource Analyst Chicago Ridge Nursing & Rehab Center Chicago Ridge, IL Jul 19, 2012 $60,350
Nursing Resource Analyst Chicago Ridge Nursing and Rehab Chicago Ridge, IL Oct 06, 2012 $60,350
Nursing Resource Analyst Peterson Park Healthcare Center Chicago, IL Sep 29, 2012 $60,350
Nursing Resource Analyst Peterson Park Healthcare Center Chicago, IL Jun 07, 2012 $60,350
Nursing Resource Analyst Central Nursing & Rehab Center Chicago, IL May 23, 2012 $60,345
Resource Analyst NTT Data Enterprise Services, Inc. Irving, TX Oct 15, 2015 $60,154

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Top Skills for A Resource Analyst

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  1. Financial Statements
  2. Operational Procedures
  3. Database
You can check out examples of real life uses of top skills on resumes here:
  • Experience consist of over 15 years of tax preparation and financial statements.
  • Review and maintain all operational procedures.
  • Developed and managed library for Hispanic Business Magazine including the creation and maintenance of computer databases.
  • Reconciled and tracked personnel charging against authorization; facilitated and monitored corrections, when needed.
  • Performed advanced troubleshooting and data recovery while maintaining a high level of customer service.

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Top 10 Best States for Resource Analysts

  1. Virginia
  2. Maryland
  3. District of Columbia
  4. New Jersey
  5. Massachusetts
  6. Connecticut
  7. Washington
  8. New York
  9. Texas
  10. Alabama
  • (2,044 jobs)
  • (981 jobs)
  • (908 jobs)
  • (816 jobs)
  • (990 jobs)
  • (341 jobs)
  • (572 jobs)
  • (1,735 jobs)
  • (2,054 jobs)
  • (277 jobs)

Top Resource Analyst Employers

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