Management Analysts: Salary, Job Description, How To Be One and More

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Management Analysts jobs information
pros and cons of being a Management Analyst

Management Analysts

Other names for this job might include Administrative Analyst, Adviser Sales, Analyst Sales, Analyzer Sales, Business Analyst, Business Consultant, Business Development Analyst, Business Management Analyst, Business Management Consultant, Business Operations Analyst


  • $91770
    Salary
  • 70%
    Job satisfaction
  • Quite Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

A



Management Analysts: Know It All In 1 Minute


In this career summary, you will find out what the job of A Management Analyst is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Management Analysts conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

  • Gather and organize information on problems or procedures.
  • Analyze data gathered and develop solutions or alternative methods of proceeding.
  • Confer with personnel concerned to ensure successful functioning of newly implemented systems or procedures.
  • Develop and implement records management program for filing, protection, and retrieval of records, and assure compliance with program.

Read more about what does A Management Analyst really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$91770 per year

Hourly wage
$44.12 an hour


Management Analysts with little to no experience tend to make between $45970 and $60450 while the more experienced ones make over $109670 per year.

Top 5 paying statesHourlyAnnual
NY$51.33$106760
WY$50.83$105730
VA$49.43$102810
WA$49.04$102000
MA$49.02$101950

1 of the easiest ways to increase your salary as A Management Analyst is to move to a higher paying state like NY. Right now, the highest paying states for Management Analysts are NY, WY, VA, WA and MA.

However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Management Analyst is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Management Analysts make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Management Analysts what degree they had when they got the job and most of them said they had a Bachelors degree followed by Master’s degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Business/Commerce, General
Business Administration and Management, General
Organizational Leadership

Another popular question from our readers is what makes A Management Analyst successful or would they be good in this career.

Well, we found that most successful Management Analysts have these 5 skillsets.

Reading Comprehension
Active Listening
Speaking
Critical Thinking
Complex Problem Solving

In addition to that, 1 common characteristic among successful Management Analysts is they are good at Dependability. Here are the top 5 common characteristics.

Dependability
Adaptability/Flexibility
Cooperation
Stress Tolerance
Integrity
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Management Analyst and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Management Analyst as your career.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who values relationships between coworkers and customers and wants to work in a friendly noncompetitive environment
This career is perfect for people who love to work indoors.
Very high salary (top 25% highest paid careers)
CONS
Not suitable for people who likes practical and handson work
It is hard to get into this career. A considerable amount of workrelated skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
70%

Is this job meaningful
44%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Management Analysts work More than 40 hours per week.

70% of Management Analysts said they were satisfied with their job and 44% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Thinkers and The Persuaders


You can read more about these career personality types here.

People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



How we can help

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Career type

Business and Finance
Business Analysis, Management

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Related to Management Analysts Career Information

Management Analysts job description, Management Analysts salary, Management Analysts information, what is the job of a Management Analyst like, pros and cons about Management Analysts, colleges and universities for Management Analysts, is Management Analysts the right career for me, Quite Hard careers to get into, careers in Business and Finance

Additional resources

http://www.bls.gov/OOH/business-and-financial/management-analysts.htm
http://www.amcf.org/
http://www.imcusa.org/

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Management Analysts
Written by: Stanley Tan
Management Analysts conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
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