Information Provided by the Bureau of Labor Statistics Occupational Outlook Handbook
Despite fast employment growth, keen competition is expected for management analysis jobs; opportunities should be best for those with a graduate degree, specific industry expertise, and a talent for salesmanship and public relations. About 29 percent, more than 3 times the average for all occupations, are self-employed. Most positions in private industry require a masters degree and additional years of specialized experience; a bachelors degree is sufficient for entry-level government jobs.
On average, Management Analysts earn $ 68,050 per year.
Job Opportunities for Management Analysts are expected to:
Increase faster than average.
As business becomes more complex, firms are continually faced with new challenges. They increasingly rely on management analysts to help them remain competitive amidst these changes. Management analysts, often referred to as management consultants in private industry, analyze and propose ways to improve an organizations structure, efficiency, or profits.
Educational requirements for entry-level jobs in this field vary between private industry and government. Many employers in private industry generally seek individuals with a masters degree in business administration or a related discipline. Some employers also require additional years of experience in the field or industry in which the worker plans to consult.
Management analysts held about 678,000 jobs in 2006. About 27 percent of these workers, over three times the average for all occupations, were self-employed. Management analysts are found throughout the country, but employment is concentrated in large metropolitan areas. Management analysts work in a range of industries, including management, scientific, and technical consulting firms; computer systems design and related services firms; and Federal, State, and local governments.
