How much does a Management Analyst make?
A Management Analyst plays an important role in helping businesses run smoothly. They look at problems and come up with solutions to improve how things work. This job can be very rewarding, both in terms of job satisfaction and salary. The average yearly salary for a Management Analyst is about $85,886. This number can change based on experience, location, and the type of business.
The salary range for Management Analysts can be quite broad. At the lower end, starting analysts might earn around $46,920 a year. As they gain more experience, their salary can go up significantly. Here are some points on the salary scale:
- $46,920 for the first 5% of analysts
- $56,744 for the next 9%
- $66,569 for the next 15%
- $76,393 for the next 15%
- $86,218 for the next 16%
- $96,042 for the next 10%
- $105,867 for the next 6%
- $115,691 for the next 5%
- $125,516 for the next 3%
- $135,340 for the next 2%
- $145,165 for the top 1%
- $154,989 for the very top 1%
What are the highest paying cities for a Management Analyst?
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Colorado Springs, CO
Average Salary: $112,828
In Colorado Springs, professionals excel in improving business processes. The thriving tech and outdoor sectors provide ample opportunities. Companies like Broadmoor and UCHealth value insightful analysis.
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San Jose, CA
Average Salary: $111,581
San Jose offers dynamic opportunities for those analyzing operations. The tech hub attracts major companies. Google and Intel rely on analysts to enhance efficiency.
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Anchorage, AK
Average Salary: $109,331
Anchorage provides a unique blend of natural beauty and business growth. Analysts work with local firms like Alaska Airlines. They focus on optimizing operations in a remote setting.
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San Francisco, CA
Average Salary: $107,330
San Francisco's fast-paced environment demands sharp analytical skills. Tech giants like Salesforce and LinkedIn need experts to drive innovation. The city's competitive market pushes professionals to excel.
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Huntsville, AL
Average Salary: $104,654
Huntsville offers a mix of aerospace and tech industries. Companies like NASA and Microsoft benefit from skilled analysts. They improve processes and foster growth in a vibrant community.
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Washington, DC
Average Salary: $104,621
In Washington, DC, professionals analyze policies and operations. Government agencies and tech firms value insightful analysis. Companies like Amazon and Deloitte seek experts to enhance their strategies.
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Portland, OR
Average Salary: $101,144
Portland provides a creative and innovative environment. Companies like Nike and Intel seek analysts to improve performance. The city's focus on sustainability offers unique challenges and opportunities.
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Salinas, CA
Average Salary: $98,942
Salinas thrives on agriculture and innovation. Companies like Tanimura & Antle and Calavo Group need analysts to optimize operations. The community values data-driven decision-making.
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Dayton, OH
Average Salary: $97,800
Dayton offers a blend of manufacturing and tech industries. Companies like General Motors and Boeing rely on analysts for operational efficiency. The city's rich history provides a stable professional environment.
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St. Louis, MO
Average Salary: $97,430
St. Louis combines a strong economy with a rich cultural scene. Companies like Enterprise Holdings and Centene Corporation need analysts. They focus on enhancing business processes in a dynamic market.
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What are the best companies a Management Analyst can work for?
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Leidos
Average Salary: $126,920
Leidos is a global technology, engineering, and science solutions company. They provide consulting and management services to government and commercial clients. Management Analyst roles at Leidos span across various sectors, including defense, intelligence, and health. They have offices in major cities, such as Reston, VA, and San Diego, CA.
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Centene
Average Salary: $126,090
Centene Corporation is a leading healthcare enterprise committed to helping people live healthier lives. They focus on government-sponsored programs. Management Analysts at Centene work on projects to improve efficiency and effectiveness in service delivery. They are based in multiple locations, including St. Louis, MO, and Tampa, FL.
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Citi
Average Salary: $122,175
Citi is a global financial services corporation. Management Analysts at Citi support various departments by analyzing operations and processes. They help in identifying improvement opportunities. Citi operates in many cities, such as New York, NY, and Hong Kong.
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Accenture
Average Salary: $118,596
Accenture is a consulting firm that offers services in strategy, consulting, digital, technology, and operations. Management Analysts at Accenture work on projects that drive operational excellence. They are located in cities like Dublin, Ireland, and San Francisco, CA.
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CACI International
Average Salary: $116,784
CACI International is a leading provider of mission-critical IT and cybersecurity solutions. Management Analysts at CACI focus on optimizing operations and enhancing efficiency. They operate in several locations, including Arlington, VA, and San Antonio, TX.
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Booz Allen Hamilton
Average Salary: $108,565
Booz Allen Hamilton is a management and technology consulting firm. Management Analysts at Booz Allen Hamilton provide strategic consulting services. They work in areas such as defense, intelligence, and healthcare. Locations include McLean, VA, and Chicago, IL.
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Northrop Grumman
Average Salary: $107,853
Northrop Grumman is a leading technology company focused on global security. Management Analysts at Northrop Grumman support operations and process improvements. They have offices in Falls Church, VA, and El Segundo, CA.
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U.S. Bank
Average Salary: $105,893
U.S. Bank is one of the largest banks in the United States. Management Analysts at U.S. Bank analyze and enhance business operations. They are located in Minneapolis, MN, and San Francisco, CA.
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Information Technology Services, Office of
Average Salary: $103,520
The Office of Information Technology Services provides technology solutions to federal agencies. Management Analysts at this office work on improving IT operations. They are based in Washington, D.C.
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Texas Department of Transportation
Average Salary: $98,093
The Texas Department of Transportation focuses on transportation infrastructure. Management Analysts here support operations and strategic planning. They work in locations across Texas, including Austin, TX.
How to earn more as a Management Analyst?
A Management Analyst can earn more by focusing on several key factors. Each step builds on the previous one, leading to higher earning potential. Understanding these factors can help in planning a career path effectively.
Firstly, gaining relevant experience and certifications increases earning potential. Employers often look for analysts with specific skills. Certifications like PMP or Six Sigma can show competence. Experience in multiple industries can also boost earning potential. Another way to earn more is by taking on leadership roles. Promoting to senior positions often leads to higher salaries. Networking within the industry also plays a crucial role. Building connections can lead to new opportunities and higher pay. Learning new technologies is another effective strategy. Staying updated with the latest tools and software can make an analyst more valuable. Finally, continuing education keeps skills sharp and competitive.
Consider these factors to increase earning potential as a Management Analyst:
- Gain relevant experience and certifications.
- Take on leadership roles.
- Network within the industry.
- Learn new technologies.
- Continue education.
