How to Get a Job as a Management Analyst
"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.
Interview Questions Submitted by Real Management Analysts
"Give me 3 stocks you are bullish on and why?" - Goldman Sachs Portfolio Management Analyst Candidate (Salt Lake City, UT)
"Being efficient with your time is important, tell us about a time you were able to identify and improve inefficiencies?" - PL Marketing Space Management Analyst Candidate (Cincinnati, OH)
"How would you handle a market that is failing?" - Frontier Airlines Revenue Management Analyst Candidate (Denver, CO)
|Upward Mobility||fair Average|
|Stress Level||poor Above Average|
|Flexibility||poor Below Average|
What is the Job Like?
The workload can vary for each project. Some management analysts are self-employed, while others are part of a large consulting company. Various projects might require analysts to work independently with clients or with a team of other consultants. Most consultants travel frequently and spend time at the offices of clients. Long hours are sometimes required, and it can be stressful to meet project deadlines and cope with client demands on a tight schedule. Analysts need mathematical skills to analyze data and draw conclusions from it as well as writing and oral presentation skills to verbalize their recommended changes. "Consulting works best for people who like to learn by doing, who like to do a variety of different things and who like solving problems," Aman says. He adds that consultants should have the stamina to jump from project to project. "You have to make sure you have the personality suited for an ever-changing environment," he says. "Not everybody wants that sort of constant change."
Last updated by Stephanie Steinberg.