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 the Atlanta office of Bain and Company. "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." You also need to be able to communicate your 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," says Aman.
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)
What is the Job Like?
The work load can vary considerably for each project. Some management analysts are self-employed, while others are part of a large consulting company. And 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 the mathematical skills required to analyze data and draw conclusions from it, and the writing and oral presentation skills necessary to verbalize the 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," says Aman. "You're going to be seeing a whole lot of variety. You have to make sure you have the personality suited for an ever-changing environment. Not everybody wants that sort of constant change."
Real Reviews From Management Analysts
+ "Friendly atmosphere and easy work environment. You will never be in over your head." - Bank of New York Mello Wealth Management Analyst (New York, NY)
+ "Decent salary. Can work from home on occasion. Management allows staff to balance work and home life." - IRS Senior Management Analyst (Location Unknown)
- "Volatility in the markets carried into job." - Morgan Stanley Private Wealth Management Analyst (Purchase, NY)
- "Lots of politics, but that is expected." - State of Arizona Management Analyst (Phoenix, AZ)
Review information and interview questions supplied by Glassdoor.
