Management Analysts, also known as management consultants, are professionals who propose ways to improve an organization's efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.
Education: Bachelor's degree
Years in related career: Less than 5 years
On-the-job training: None
Projected Growth: 9.7% (far above average)
Annual job openings: 98,100
Direct AI exposure: 19% of tasks
Potential AI exposure: 81% of tasks
| According to the U.S. Bureau of Labor Statistics, average income (in USD) in 2025 was $102K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $61K per year | $78K per year | $102K per year | $133K per year | $172K per year |
| Compared to other careers: Median is $51K above the national average. | ||||
Management Analysts often work in offices, but they also spend time at client sites. They may travel frequently to meet with clients or conduct field research, and their work environment can vary significantly depending on the client's industry.
Management Analysts play a critical role in helping organizations stay competitive and efficient. They analyze data and business processes to identify areas where an organization can increase efficiency and profitability. The role demands a combination of analytical skills, creativity, and a deep understanding of the specific industry they are consulting in.
A typical day for a management analyst might involve meeting with clients to understand their needs, analyzing business data, and then developing detailed reports and presentations. The job is dynamic and often involves tackling new challenges and problems in various industries, which keeps the work interesting and intellectually stimulating.
The most successful management analysts are those who not only have strong analytical and problem-solving skills but also possess excellent interpersonal and communication skills. They must be able to build relationships with clients and communicate complex ideas in a clear and concise manner.
Typically, a bachelor's degree in business, economics, or a related field is required, which is about 4 years of post-secondary education. However, many management analysts have a master's degree.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.