Management analysts, often called management consultants, determine and introduce ways to improve an organization’s efficiency. They advise managers on how to make companies and organizations more profitable through reduced costs and increased revenues.
- Management analysts typically perform the following:
- Collect and organize information on problems or procedures
- Analyze data gathered and develop solutions or alternative methods of proceeding
- Review with personnel 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
- Review forms and reports with management and users about format, distribution, and purpose, and to identify problems and improvements
The median wage for management analyst is $80,880 annually with projected job growth in the field at 19% through 2022 — much faster than average occupations.
Management analyst primarily work in offices but travel frequently to meet with clients. In 2012, about one in four worked more than 40 hours per week.
Those individuals wanting to become a management analyst with a Master of Business Administration from Spring Arbor University Online can learn more here.