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| Management Analysts/
Consultants |
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| Employment Increase: |
43% |
| People In Field: |
297,000 |
| Average Salary: |
$40,950 |
| Qualifications: |
Bachelor's Degree, Master's Degree |
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Nature of the Work:
A rapidly growing small company needs a better system
of control over inventories and expenses. An established
manufacturing company decides to relocate to another state
and needs assistance planning the move. After acquiring a
new division, a large company realizes that its corporate
structure must be reorganized. A division chief of a government
agency wants to know why the division's contracts are always
going over budget. These are just a few of the many
organizational problems that management analysts, as they are called in
government agencies, and management consultants, as
business firms refer to them, help solve. Although their job titles
may differ, their job duties are essentially the same.
Training, Other Qualifications, and Advancement:
There are no universal educational requirements for
entry-level jobs in this field. However, employers in private
industry prefer to hire those with a master's degree in business
administration or a discipline related to the firms' area of
specialization. Those individuals hired straight out of school with
only a bachelor's degree are likely to work as research associates
or junior consultants, rather than full-fledged management
consultants. It is possible for research associates to advance up
the career ladder if they demonstrate a strong aptitude for
consulting, but, more often, they need to get an advanced
degree to do so.
Job Outlook:
Employment of management analysts and consultants
is expected to grow much faster than the average for all
occupations through the year 2005 as industry and government
increasingly rely on outside expertise to improve the
performance of their organizations. Growth is expected in large
consulting firms, but also in small consulting firms
whose consultants will specialize in highly specific areas of
expertise. Although most job openings will result from
employment growth of the occupation, additional opportunities will
arise from the need to replace personnel who transfer to
other fields or leave the labor force. There will be
approximately 297,000 management analysts and consultants by 2005.
Sources of Additional Information:
Information about career opportunities in management consulting is
available from:
ACMF, The Association of Management Consulting Firms
521 Fifth Ave., 35th Floor
New York, NY 10175-3598
For information about a career as a state or local government management
analyst, contact your state or local employment service.
Persons interested in a management analyst position in the federal
government can obtain information from:
U.S. Office of Personnel Management
1900 E St., NW
Washington, DC 20415
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