Management analysts
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Overview
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.
Predicted employment growth
Over the next decade, jobs for management analysts are expected to grow by 14%, and should have about 87,200 job openings a year.
Safety from automation
Management analysts are less likely to be automated than 73% of other careers.
Workforce size
Management analysts, with 806,400 workers, form a larger workforce than 95% of careers.
Education
About 78% of management analysts have at least a bachelor's degree.
Education attained by management analysts
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Context: workers with bachelor's degrees
More management analysts have bachelor's degrees than 85% of other careeers.
Salaries
The median (middle) salary for management analysts is higher than 86% of all other jobs' middle salaries. The graph shows inflation-adjusted salaries for most management analysts.
This job's median $84KAll jobs' median $39K$87K$38K20142015201620172018$0$50K$100K$150K$200K
Context: Median Salary
Gender
Women account for 42% of management analysts -- that's a larger percentage than 56% of other jobs.
Gender of management analysts
Men
Women
Context: Salary inequity
For each career, we compared the median (middle) men's salary to the median women's salary. For management analysts, the median men's salary was 11% more the median woman's salary.
Race/Origin
About 22% of management analysts are minority, and 17% are foreign-born.
Race/origin of management analysts
White
Black
Pacific Islander
Hispanic
Asian
American Indian
Multiracial
Other
Context: Foreign-born workers (17%)
Where are the most jobs?
We ranked the number of jobs in Management Analysts per thousand workers in each state, DC, and Puerto Rico. The darker the blue, the higher the job density.
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
Job benefits
Employer or union-sponsored pension plans are offered to 51% of management analysts, and 61% have company-sponsored health insurance (19% have dependents enrolled in their employer's health plan).
Employer-provided health coverage for management analysts
100% premiums covered
Partial premiums covered
Plan with no cost sharing
No health insurance
Top college degrees
Here are the top college degrees held by the 78% of people in this job who have at least a bachelor's degree. Some of degrees may link to multiple programs due to the way Census classifies college majors. Click on a program to learn more about career opportunities for people who major in that field.
The downside
Some jobs are more stressful than others, and some are just plain dangerous. The following list gives the percentages of management analysts who report hazardous or difficult situations typically occurring at least once a week.
  • Time Pressure (65%)
  • Frequency of Conflict Situations (43%)
  • Consequence of Error (35%)
SOURCES:24.0 O*NET
Salary and diversity
Salary overview
What do management analysts earn?

In this section, we want to give you a clear idea of what you can expect to earn in this career. We use two sources of data here: the Bureau of Labor Statistics (BLS), which asks employers to classify their workforce and to report salaries using the SOC-specialty level of reporting, and the American Community Survey (ACS), which asks people to classify their jobs using the broad classifications that ididio uses for career profiles, and to self-report their salaries. For some jobs, the differences in survey approaches between BLS and ACS can paint a very different end-picture. Whenever possible, we provide data from both sources.

The BLS-compiled salary data is reported by companies for their employees. This data excludes self-employed workers. We first show the distribution of salaries for management analysts, and then we show how the middle (median) salary for management analysts compares to the BLS-computed median salaries of other careers.
Distribution: Salaries for management analysts (BLS Salary Data)
$84K$0$50K$100K$150K$200K
Context: Median salaries across careers (BLS Salary Data)
$84K$0$50K$100K$150K$200K
We compiled household data from the ACS to determine the salaries that people working at least 35 hours a week report themselves to earn. Unlike the BLS estimates, this data includes self-employed wages. We first show the full salary distribution for all management analysts, and then we show how the median (middle) salary for management analysts compares to the median ACS-reported salary of other careers.
Distribution: Salaries for management analysts (ACS Salary Data)
$76K$0$50K$100K$150K$200K
Context: Median salaries across careers (ACS Salary Data)
$76K$0$50K$100K$150K$200K
Employers and salary
A look at employers and corresponding salaries
The donut shares the break-down of workers by employer type, and following we show the salary distributions for these workers based on those employer types. For some careers, the salaries can be vastly different between private, government, and self-employment. As with our salary overview, we view the both the BLS economists' salary profiles and the household-reported salaries from ACS to get a thorough understanding of where management analysts work and for what salary. We have the great faith in the accuracy of economist-vetted BLS data; however, the BLS restrictions on which employers are surveyed skews the data a bit (read more in the sources), and the ACS responses provide different and useful categorizations of employers and salaries.
Employers of Management analysts (ACS)
Private for-profit (69.8%)
Private not-for-profit (4.1%)
Local government (1.3%)
State government (1.8%)
Federal government (2.7%)
Self-employed incorporated (11.2%)
Self-employed not incorporated (9.1%)
Working without pay (0.1%)
Distribution: Salaries of management analysts by type of employer (ACS data)
Following are the salary distributions by employer type calculated by aggregating individual household survey responses.
$76K$79K$58K$77K$72K$68K$57K$88K$0$50,000$100,000$150,000$200,000Self-employed not incorporatedSelf-employed incorporatedFederal governmentState governmentLocal governmentPrivate not-for-profitPrivate for-profitAll
Distribution: Salaries of management analysts by type of employer (BLS data)
Following are the salary distributions by employer type as reported by BLS based on large employer-focused surveys. We note that smaller employer categories are not included by BLS.
$84K$95K$80K$86K$64K$0$50,000$100,000$150,000$200,000Federal governmentState governmentLocal governmentPrivateAll
Age and career advancement
Salary growth for management analysts

The biggest take-away from the following two charts is the relationship between salary and experience that we can infer from age. Does this job seem to attract especially younger or older workers? Does it reward experience?

Take a minute a look at how much you might expect your salary to increase with each five years' experience, as well as how the numbers working in this career changes. We only provide this data when there are enough consistent ACS survey responses to allow a reasonable margin of error, so for some careers you will see gaps in our reporting of salary by age.

$61K$85K$83K$76K$79K$83K$83K$79K$43K$0$50K$100K$150K$200KSalary distribution20-2425-2930-3435-3940-4445-4950-5455-5960-64
020K40K60K80K100KNumber employed20-2425-2930-3435-3940-4445-4950-5455-5960-64

Our only sources for career data containing age, gender, or origin/race come from the Census Bureau. To provide these breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, and age. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of age, gender, and race on salaries would correct for other factors that could be contributing to salary differences.

Gender and Equity
Management analysts and gender

With 42% women, this occupation has a higher percentage of women than 56% of careers.

Context: Women in the workforce
42%0%20%40%60%80%100%
Gender of Management analysts
Men (58%)
Women (42%)
Distribution: Salaries by gender

As we'll illustrate at the bottom of this section, the median salary for all full-time male workers in the US exceeds the full-time median salary for women by 20%. The situation is a little better for management analysts, with the median salary for men 11% higher than the median salary for women. This chart shows you the salary range for most workers by gender.

$72K$80K$0$50K$100K$150KWomenMen
Context: Salary Inequity

Nationwide there are twenty careers for which men do not have a higher median (middle) salary than women. The chart below shows the salary inequity, the percentage by which the median men's salary is higher than the median women's salary, for most jobs. Management analysts have one of the smaller percentage increases for men's salary, with the increase the men's median salary over the women's median salary in this job lower than that for 67% of other jobs.

11%0%20%40%60%80%100%

Our only sources for career data containing age, gender, or origin/race come from the Census Bureau. To provide these breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, and age. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of age, gender, and race on salaries would correct for other factors that could be contributing to salary differences.

Race/Origin
Race and origin of management analysts

The representation of minority and foreign-born workers is quite different between careers, and the relative pay of those workers also varies significantly between careers. There is a higher percentage of minority management analysts than for 59% of other careers. This career hires a larger percentage of foreign-born workers than most other careers.

Race/origin of management analysts
White (76% )
Asian (11% )
Black (8% )
Multiracial (2% )
Other (1% )
Hispanic (1% )
American Indian (0% )
Pacific Islander (0% )
Context: Representation of minorities in the workforce
22%0%20%40%60%80%100%
Context: Representation of foreign-born workers
17%0%20%40%60%80%100%
Distribution: Salaries for management analysts by race/origin

For some careers, there is a pay disparity depending on race or origin, though this is not prevalent. We calculate standard errors for all of our calculations, and when the error is high we do not show results. Therefore, for some jobs will have omitted race/origin categories.

$51K$62K$65K$69K$77K$83K$0$50K$100K$150KAmerican IndianOtherBlackMultiracialWhiteAsian
Distribution: Salaries for management analysts by nativity
$75K$82K$0$50K$100K$150KAll native citizensAll foreign-born

Our only sources for career data containing age, gender, or origin/race come from the Census Bureau. To provide these breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, and age. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of age, gender, and race on salaries would correct for other factors that could be contributing to salary differences.

Pathways to this career
Education requirements and salary
Education attained by management analysts

According to the Bureau of Labor Statistics (BLS), management analysts typically hold a bachelor's degree.

Sometimes the typical education identified by the BLS differs a bit from the reality of the how much education current workers actually have. The donut shows the education level held by people currently working as management analysts as reported in responses to the American Community Survey. Following, we investigate whether education level influences salary for management analysts.

Education attained by management analysts
None
High School
Some College
Associate's Degree
Bachelor's Degree
Master's Degree
Professional Deg/Doct
Doctorate
Details: Education and training recommended for management analysts

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, accounting, finance, marketing, psychology, and computer and information science.

Details: Licensing and certification recommended for management analysts

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Distribution: Salary by education level

What level of education is truly needed for management analysts? Below we see the distribution of management analysts salaries based on the education attained. These comparisons are based on all survey responses by those who identified themselves as management analysts, and are not intended as a statistical analysis of salary differences that would correct for non-educational factors that could contribute to high or low earnings.

$56K$60K$62K$63K$76K$90K$89K$95K$0$50K$100K$150K$200KNone (1%)High School (5%)Some College (12%)Associate's Degree (5%)Bachelor's Degree (45%)Master's Degree (27%)Professional Deg/Doct (3%)Doctorate (3%)
Bachelor's degree pathways
College majors held by management analysts

This table shows the college majors held by people working as management analysts. Select any degree to see detailed information. We are able to connect careers to degrees using the American Community Survey (ACS), and their degrees are defined a little differently from our programs, which are based on standard CIP classifications. Therefore, selecting some degrees will lead to a selection of CIP-level programs from which to choose.

If you see "**" before the name of a degree/program, that means this field is one that the Department of Education believes is preparatory for this career. However, you can see from this list that those recommendations are far from your only path to this job!

Degree
Select any title to learn more about that degree
Percentage of Management analysts with this degree
Salary for all majors
Salary distribution (across jobs). Showing 0-$200,000.
Median
Middle 50%
Middle 80%
Education
Final education level of all people with this major
Bachelor's Degree
Master's Degree
Doctorate
Gender
Gender of people this bachelor's degree
Men
Women
6.9%
$0$200K$63K
4.8%
$0$200K$73K
4.1%
$0$200K$72K
4.0%
$0$200K$67K
3.8%
$0$200K$87K
3.6%
$0$200K$53K
3.3%
$0$200K$60K
2.5%
$0$200K$56K
2.4%
$0$200K$97K
2.1%
$0$200K$63K
2.0%
$0$200K$60K
1.9%
$0$200K$89K
1.8%
$0$200K$73K
1.6%
$0$200K$80K
1.1%
$0$200K$54K
The link between degrees and careers
The link between degrees and careers

With the following "sankey" diagram, you can follow the top ten bachelor's degrees held by people working as management analysts, and then, in turn, you can see the 10 occupations that hire the most of each degree's graduates. This visualization links fields of studies and careers, suggesting both similar careers and options for degrees. The full list of bachelor's degrees held by management analysts given in the previous section reminds us that there are many paths to these careers beyond what we can summarize here.

This job
Top 10 majors
Each major's top ten jobs
Managers (specialized areas)Accountants and auditorsFirst-line supervisors of retail sales workersFinancial managersWholesale and manufacturing sales representativesChief executives and legislatorsSecretaries and administrative assistantsHuman resources workersFirst-line supervisors of non-retail sales workersMarketing and sales managersRetail salespersonsElementary and middle school teachersLawyers, judges, and magistratesManagement analystsPersonal financial advisorsPostsecondary teachersFinancial analystsSecurities, commodities, and financial services sales agentsCredit counselors and loan officersBookkeeping, accounting, and auditing clerksFirst-line supervisors of office and administrative support workersApplications and systems software developersComputer programmersComputer and information systems managersComputer occupations (specialized areas)Computer systems analystsComputer support specialistsNetwork and computer systems administratorsCounselorsSocial workersPsychologistsPhysicians and surgeonsEducation administratorsMarket research analysts and marketing specialistsCustomer service representativesService sales representativesBusiness Management andAdministrationGeneral BusinessEconomicsFinanceAccountingComputer SciencePsychologyPolitical Science andGovernmentMarketingCommunicationsAll other degrees
Switching Careers
Most common new jobs
The most common next careers for management analysts

What jobs will most management analysts hold next year?

The data in this chart comes from person interviews for the Census Bureau's Current Population Survey. The survey interviews households eight times over a two-year period, allowing us a glimpse into how people move from job to job. You can see more details from the results of the survey in our last tab in this section, and you can read about our methodology in our source descriptions.

Here we see all of the jobs that at least 1% of management analysts reported holding in their second year's survey. Is your future job on this list?

Management analystsManagers (specialized areas)Computer systems analystsChief executives and legislatorsApplications and systems software developersPersonal financial advisorsMarket research analysts and marketing specialistsMarketing and sales managersFirst-line supervisors of non-retail sales workersAccountants and auditorsWholesale and manufacturing sales representativesComputer and information systems managers
Lateral career moves
Lateral job transitions for management analysts

A lateral career transition is a move to a job with similar pay and responsibilities. A move to such a job can offer a change of pace without an increase in stress or a decrease in pay. The following table simply identifies all 5 jobs which were held by at least 1% of survey respondents before working as management analysts as well as 1% of respondents after working as management analysts. Select a row to investigate the job's full description and determine if it truly offers an opportunity for a lateral transition.

Lateral-move careers for management analysts
Annual openings
How many openings are expected each year?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Gender
Men
Women
Applications and systems software developers
118,900
$0$200K$96K
Managers (specialized areas)
84,000
$0$200K$72K
Computer systems analysts
45,200
$0$200K$75K
Computer and information systems managers
32,500
$0$200K$99K
Chief executives and legislators
24,000
$0$200K$96K
Full prior and next career listings
Prior and next careers for management analysts: full listings

What do people typically do before and after they work as management analysts? Here are the full lists of all jobs that at least 1% of management analysts surveyed reported as holding a year earlier or later.

Choose which type of transition to view
Prior jobs
Next jobs
Prior careers for management analysts
Annual openings
How many openings are expected each year?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Gender
Men
Women
Percentage Transitioning
What percentage worked in this job the previous year?
Retail salespersons
676,200
$0$200K$31K
1.8%
Applications and systems software developers
118,900
$0$200K$96K
1.8%
Management analysts
87,200
$0$200K$76K
32.6%
Managers (specialized areas)
84,000
$0$200K$72K
7.8%
Computer systems analysts
45,200
$0$200K$75K
3.1%
Computer and information systems managers
32,500
$0$200K$99K
1.2%
Chief executives and legislators
24,000
$0$200K$96K
2.8%
No occupation
7.5%
Read about management analysts
Responsibilities and activities
Responsibilities and activities

Management analysts typically do the following:

  • Gather and organize information about the problem to be solved or the procedure to be improved
  • Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
  • Analyze financial and other data, including revenue, expenditure, and employment reports
  • Develop solutions or alternative practices
  • Recommend new systems, procedures, or organizational changes
  • Make recommendations to management through presentations or written reports
  • Confer with managers to ensure changes are working

Although some management analysts work for the organization that they analyze, most work as consultants on a contractual basis.

Whether they are self-employed or part of a large consulting company, the work of a management analyst may vary from project to project. Some projects require a team of consultants, each specializing in one area. In other projects, consultants work independently with the client organization’s managers.

Management analysts often specialize in certain areas, such as inventory management or reorganizing corporate structures to eliminate duplicate and nonessential jobs. Some consultants specialize in a specific industry, such as healthcare or telecommunications. In government, management analysts usually specialize by type of agency.

Organizations hire consultants to develop strategies for entering and remaining competitive in today’s marketplace.

Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst solicits proposals from a number of consultants and consulting companies that specialize in the needed work. Those who want the work must then submit a proposal by the deadline that explains how the consultant will do the work, who will do the work, why they are the best consultants to do the work, what the schedule will be, and how much it will cost. The organization that needs the consultants then selects the proposal that best meets its needs and budget.

Personality and skills
Personality and skills

Can you see yourself in the ranks of management analysts? Here are the skills and traits that could lead to success.

Analytical skills
Management analysts must be able to interpret a wide range of information and use their findings to make proposals.
Communication skills
Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.
Interpersonal skills
Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals.
Problem-solving skills
Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.
Time-management skills
Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.
Trends in employment
Salary trends
Distribution and trends: Salaries for management analysts
Choose actual dollars or inflation-adjusted dollars to view
Adjusted for inflation
Historic dollars

In 2018, the median (middle) salary for management analysts was higher than 86% of all other jobs' middle salaries. This graphic shows how the salary distribution (adjusted for inflation) has changed for this job over recent years. The gray line, as a comparison, shows the median salary of all US workers.

This job's median $84KAll jobs' median $39K$84K$38K200420052006200720082009201020112012201320142015201620172018$0$50K$100K$150K$200K
Projected versus actual employment
Exploring actual employment trends versus projected trends

Currently, jobs for management analysts are anticipated to grow by 14% over the next decade; only 13% of jobs are predicted to grow more.

The projected employment for management analysts is the best guess created by talented economists and statisticians at the Bureau of Labor Statistics (BLS). However, as you look through several careers you'll notice that the projections are heavily influenced by past performance and may miss current trends. No one can tell the future, and as new information and better techniques are developed, actual counts and future projections may change. Here's a glimpse at the actual counts versus the projections over time.

20002010202020300200,000400,000600,000800,0001,000,000
Employment counts
Actual measured employment
BLS 10-year predictions
Variation by state
Employment
State-by-state employment numbers

Some careers tend to be centered in specific parts of the country. For example, most jobs in fashion are in New York or California. Let's see if your dream job is easy to find in your dream location! We have a few choices for viewing the data that can help you get a full employment picture.

Job density versus job count

Which states hire the most management analysts? We wonder if that's a fair question since states come in all sizes, so instead let's start with the question of which states have the highest density of people working as management analysts. You can choose to view the number of jobs per state if you prefer.

BLS vs ACS data

This map defaults to employment information from the Bureau of Labor Statistics (BLS), which provides job totals carefully compiled for accuracy and with a primary focus on how employers describe their workers. The BLS job totals do not count self-employed workers. We've also compiled totals using the Census Bureau's American Community Survey (ACS) which are based on how workers describe themselves. Sometimes ACS results are quite a bit different from the employer-based BLS data.

Choose the metric to review
Jobs per 1000 working
Number of jobs
Use this data source
BLS
Number of Management Analysts per 1,000 workers (BLS)
Select a state to see local area details
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0.010.020.030.0
Salary
Salaries by state
Let's get a feel for where management analysts earn the highest salaries. There are several choices for which data we consider and how we view that data, and each can lead to different conclusions, so please read on...
Median salary versus state ratio

We use two methods to compare salaries across states:

  • In-state comparisons: the ratio of median (middle) salaries for management analysts compared to the median salary for all people working in each state, or
  • Median salary: the unaltered median salaries for management analysts.

We hope the ratio allows perspective about how salaries may compare to the regional cost-of-living.

BLS vs ACS data

We have two sources for statewide salary information with important distinctions. The BLS data is created by surveying companies, missing individuals who are self-employed or work for smaller companies. The ACS data is compiled from multi-faceted household surveys and may reflect the inconsistencies that people may have in reporting information.

Choose the metric to review
In-state comparisions
Median salary
Use this data source
BLS
Median salary ratio: Management Analysts to all workers (BLS)
The darkest shading corresponds to states in which management analysts earn the highest salary when compared to other jobs in the state. We think this ratio might be a better indicator than the actual salary for your buying power as a state resident.
Select a state to see local area details
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
0.00.51.01.52.02.5
Compare to similar jobs

If this job interests you, then use the dots below to find other jobs you might like. The dots closer to the top represent jobs that are like Management analysts (shown with a blue star). Look for the dots to the right to find the best salaries! (We pulled salary data from BLS, and they give a top salary value of just over $200K to protect privacy, so our graph would go much higher if the salaries were not top coded.)

How should the career similarity be computed

There are a number of ways to measure the similarity of jobs, here are a few we provide:

  • Interests: Also known as a Holland Code - Are you a thinker? A helper? What fits your personality?
  • Environment: Are there hazards? Will you be comfortable? Will it be stressful?
  • Knowledge: What do you need to know the most about?
  • Physical Abilities: Do you need to especially strong or coordinated?
Choose the similarity measure to compare careers
Interests
Environment
Knowledge
Physical Abilities
Jobs that are similar by Interests and Salary (All education levels)
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