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.
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.
$91770 per year
$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 states||Hourly||Annual|
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).
Recommended degree level
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.
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.
|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.
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A Management Analyst as your career.
|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)|
|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
Is this job meaningful
More than 40 hours per week
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.
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They perform activities in the human resource area. Includes employment specialists who screen, recruit, interview, and place workers.
They design and conduct training and development programs to improve individual and organizational performance. May analyze training needs.
They obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
They research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.
They plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.
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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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