Salary and Shares
The median salary for Management Analysts was $85,260 in 2019. The best-paid 25 percent made $113,770 that year. The national average salary for a Management Consulting Analyst is $81,265. An advisor may receive between 0.25% and 1% of shares.
Work Schedule and Experience
- Earn a bachelor’s degree in a statistical field.
- Apply to consulting firms to get experience.
- First-year investment banking analysts work over 95 hours per week.
- Financial analysts work full time, over 40 hours per week.
- Asset management is less standardized but generally doesn’t require weekends.
- Management consultants can expect to work long hours.
- Data Analysts work 40-60 hours a week, typically 9-5 or 8-6, but may work more when deadlines approach.
- Entry-level product managers have knowledge of economics and engineering and identify consumers’ needs throughout development.
- As a consultant, be prepared for unpredictable, last-minute client requests.
Industry Distribution and Functions
In 2020, 31% of analysts worked in professional, scientific and technical services, while 17% worked in government. Specialists focus on an industry like healthcare or manufacturing, or on a function like human resources or inventory control.
Scheduling and Efficiency
- Scheduling analysts create and maintain schedules for individuals, groups, and organizations.
- Security operations analysts often work shifts, including mornings, evenings, and overnights.
- Effective schedules state planned start and finish dates, duration, and assigned resources.
- Wrike software is used to fully control project scheduling.
- Schedule management policies are in place to monitor and control project timelines and resources, delivering stakeholder requirements.
- The schedule model is used to organize tasks, optimizing employee time.