Best Business Jobs

Management Analyst

Job Profile
Overview
Salary
Reviews & Advice
Job Listings
Accountant
Administrative Assistant
Bill Collector
Bookkeeping, Accounting and Audit Clerk
Business Operations Manager
Cashier
Compliance Officer
Customer Service Representative
Executive Assistant
Financial Advisor
Financial Analyst
Financial Manager
HR Specialist
Insurance Agent
Loan Officer
Logistician
Marketing Manager
Market Research Analyst
Meeting, Convention and Event Planner
Office Clerk
Operations Research Analyst
Real Estate Agent
Receptionist
Retail Salesperson
Sales Manager
Sales Representative
Telemarketer
All Rankings Lists »
Overall Score
(6.1 out of 10)

Number of Jobs

133,800

Median Salary

$78,600

Unemployment Rate

4.1 percent

Show Jobs Near:
This Job is Ranked in
Best Business Jobs #14
The 100 Best Jobs #67

Management analysts or consultants are typically hired to find ways to improve an organization’s efficiency and increase profits. "We want to help make the client better at what they do," says Mel Wolfgang, partner and managing director at The Boston Consulting Group, a global management consulting firm. "Part of giving good advice to clients is about looking at problems that a client might be having with a really fresh prospective, and you need to be really intellectually curious to think through that process at many different angles." Management analysts collect and analyze data about how a company works, then recommend changes that will decrease costs or boost revenue. Consultants often present their suggestions as a written report and oral presentation, which can help companies implement their recommendations.

Management analyst employment is expected to grow by more than 18 percent between 2012 and 2022, according to Bureau of Labor Statistics projections. The BLS also estimates that 133,800 consultant jobs will need to be filled over the coming decade.

Salary

The median annual wage for management analysts was $78,600 in 2012, according to the BLS. The highest-paid in the field made $142,580 per year, while the bottom 10 percent made $44,370. The best-paying jobs for consultant work are in Taunton, Mass., Naples, Fla., and Santa Cruz, Calif.

Salary Range

75th Percentile $104,890
Median $78,600
25th Percentile $58,620

Training

A bachelor's degree is required for most entry-level positions, but many employers prefer to hire people with a master's degree in business administration. A certified management consultant certificate may improve job prospects. Additional years of experience in the field the worker plans to provide consulting services to may also be required.

Reviews & Advice

"We tend to get brought into situations when there are particularly intractable issues or concerns that aren’t easily solved over the course of an organization’s development. You need to know how organizations work and how companies work, and you have to like solving problems and fixing things," says Peter Aman, managing partner of business consulting firm Bain & Company's Atlanta office. "You need to have a sharp analytical mind and the ability to establish frameworks and analyze things in an efficient manner and bring data to bear." Management analysts also need to communicate proposed solutions to other consultants and clients. "You work in a team at the consulting firm, and then you work in a larger team in partnership with your client," Aman says.

Job Satisfaction

Upward Mobility fair Average
Stress Level poor Above Average
Flexibility poor Below Average
See Salaries

How much do management analysts make in your city?

Indeed job search

Powered by

Last updated by Stephanie Steinberg.


Similar jobs you might be interested in...

$72,100 Average Salary

#23 in U.S. News Best Jobs

$60,300 Average Salary

#15 in U.S. News Best Jobs

Reader Comments

Need a Job? See Who's Hiring

Management Analyst Jobs Near

loading...

    See Other Job Listings

    Jobs by Indeed

    Online Degree Programs

    See schools with online programs in your chosen field in a few simple steps.

    Find Online Degree Programs

    U.S. News University Directory

    Follow U.S. News

    U.S. News Advisor Finder

    Looking for an advisor? Find a financial professional near you.