Summary
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Quick Facts: Management Analysts | |
---|---|
$82,450 per year
$39.64 per hour |
|
Bachelor's degree | |
Less than 5 years | |
None | |
806,400 | |
14% (Faster than average) | |
115,200 |
What Management Analysts Do
Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.
Work Environment
Management analysts travel frequently to meet with clients. In 2016, about 1 in 4 worked more than 40 hours per week.
How to Become a Management Analyst
Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.
Pay
The median annual wage for management analysts was $82,450 in May 2017.
Job Outlook
Employment of management analysts is projected to grow 14 percent from 2016 to 2026, faster than the average for all occupations. Demand for the services of these workers should grow as organizations continue to seek ways to improve efficiency and control costs.
State & Area Data
Explore resources for employment and wages by state and area for management analysts.
Similar Occupations
Compare the job duties, education, job growth, and pay of management analysts with similar occupations.
More Information, Including Links to O*NET
Learn more about management analysts by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.