6/5/2023 0 Comments Outlook businessThe work of management analysts may vary from project to project. Confer with managers to ensure changes are workingĪlthough some management analysts work for the organization that they analyze, many work as consultants on a contractual basis.Make recommendations to management through presentations or written reports.Recommend new systems, procedures, or organizational changes.Develop solutions or alternative practices.Analyze financial and other data, including revenue, expenditure, and employment reports.Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed.Gather and organize information about the problems to be solved or the procedures to be improved.Management analysts typically do the following: They advise managers on how to make organizations more profitable through reduced costs and increased revenues. Management analysts, often called management consultants, recommend ways to improve an organization’s efficiency. Learn more about management analysts by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.Īlthough some management analysts work for the company that they are analyzing, most work as consultants on a contractual basis. More Information, Including Links to O*NET Similar OccupationsĬompare the job duties, education, job growth, and pay of management analysts with similar occupations. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.Įxplore resources for employment and wages by state and area for management analysts. Job OutlookĮmployment of management analysts is projected to grow 11 percent from 2021 to 2031, much faster than the average for all occupations.Ībout 101,900 openings for management analysts are projected each year, on average, over the decade. The median annual wage for management analysts was $93,000 in May 2021. Management analysts typically need at least a bachelor’s degree and several years of related work experience. Management analysts may travel frequently to meet with clients. Some work more than 40 hours per week. Management analysts recommend ways to improve an organization’s efficiency. Please enable javascript to play this video.
0 Comments
Leave a Reply. |