Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Management Analysts Job Description

Job Descriptions October 13, 2013

The management analyst is in charge of improving a company’s efficiency, by helping management to find ways on reducing costs, increasing revenues, and gathering the information needed to back up these decisions.

Traditionally, management analysis involves gathering information (oftentimes problems management identifies) and then interviewing staff and conducting other investigations in order to determine what changes will be needed.

Managerial Analysis Job Description

Part of the job involves analyzing hard financial data. This means expenses, income, employment reports, and perhaps more advanced mathematical models. The analyst’s job is to recommend needed changes, whether to systems, protocols, or even organizational structures.

While you do not order these changes, you make recommendations to management. This means creating compelling evidence through written reports and oral presentations. Part of the job is communicating with other managers and ensuring unified thought and perspective.

You have a choice of whether to pursue an internal position with a company or work independently on a contract basis. Some projects are actually quite complex and will need a group of consultants, each one bringing a unique field experience to the equation.

Management analysts specialize in managing inventory, organizing corporate hierarchies, and weeding out unnecessary expenses or jobs that are unnecessary. Most workers will limit themselves to a set industry, such as health or finance, so that they can build a relevant portfolio and grow in experience. Sometimes companies may even have these workers create proposals and bids.

What Is It Like Working in This Profession?

Office hours are typically long, but close to standard. Travel is sometimes required, since you will be reporting to various branches. This is a deadline oriented business, and it often involves working with more than one client at the same time.

Perhaps the most stressful part of the job is eliminating the jobs of others as a cost-cutting measure. This is by no means easy, and workers in the field may very well feel ambivalent towards making these life-altering decisions. Still, it is a necessary move sometimes; less a company go bankrupt by continuously losing money.

The good news is that the career field is rewarding for those who are strong enough to work independently and pursue higher education. Statistically speaking, 25 percent of the workers in this field work for themselves. Of course, since the primary duties are maintaining client relations and being available at all times, this is not a standard contractor position with unlimited flexibility.

A bachelor’s degree is recommended to start in this career path and is practically a prerequisite in the field, given the intense competition. However, many students find that pursuing a master’s degree in a related subject such as business administration will help to give you the edge over your peers.

Without an MBA, it may be difficult to advance from your entry-level role and reach higher.

Academically speaking, business administration is a safe bet, just as many individuals have found success in studying accounting, economy, marketing or even engineering. Let’s start thinking about the future! Plan your education now so you can experience the work benefits later.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!