How much does a Management Analyst make?
Management Analysts play a key role in helping organizations run smoothly. They look at different business operations to find ways to improve efficiency and profits. Because of their important work, they can earn a good salary. The average yearly salary for a Management Analyst is around $86,071. This number can vary based on many factors, such as experience and location.
Here are some details about the salary range for Management Analysts:
- The lowest 10% earn about $47,955 a year.
- The next 20% make between $57,368 and $76,195.
- The middle 20% earn between $76,195 and $95,021.
- The next 20% make between $95,021 and $113,847.
- The highest 10% earn more than $132,674 a year.
What are the highest paying cities for a Management Analyst?
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Anchorage, AK
Average Salary: $114,457
In Anchorage, those in analytical roles enjoy a blend of urban dynamics and natural beauty. With prominent companies like Alaska Airlines and Northern Light, professionals contribute to growth in key industries. The cost of living is manageable, making it ideal for those who value a balanced lifestyle.
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Colorado Springs, CO
Average Salary: $110,386
Colorado Springs offers a robust business environment for analytical professionals. The city hosts significant employers like United States Air Force Academy and Broadview Networks. Residents benefit from a healthy work-life balance, with plenty of outdoor activities and a lower cost of living.
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San Jose, CA
Average Salary: $106,564
San Jose is a tech hub where analytical minds thrive. Companies like Apple and Tesla offer exciting opportunities. The city boasts a dynamic economy and a high standard of living. Professionals here enjoy a vibrant community with numerous cultural and recreational options.
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Fresno, CA
Average Salary: $104,214
Fresno provides a warm climate and a lower cost of living for analytical professionals. Major employers include Fresno County and Fresno City College. The city offers a mix of urban amenities and a friendly community, making it a great place for career growth.
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Stockton, CA
Average Salary: $104,064
Stockton, known for its agricultural roots, offers a cost-effective lifestyle for analysts. Companies like Pacific Gas and Electric Company provide solid career opportunities. The city's growing economy and community spirit make it an attractive place to work.
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Washington, DC
Average Salary: $104,007
In Washington, DC, analysts can leverage their skills in a politically charged environment. Major employers include the U.S. Government and various think tanks. The city offers a high cost of living but provides unique opportunities for career advancement and professional networking.
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San Francisco, CA
Average Salary: $101,067
San Francisco attracts analytical professionals with its innovative tech scene. Companies such as Salesforce and Slack offer dynamic career paths. The city is vibrant and expensive, but it provides unmatched opportunities for growth and professional development.
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Portland, OR
Average Salary: $99,894
Portland offers a laid-back atmosphere for analytical professionals. With companies like Nike and Intel, the city combines business opportunities with a love for nature. The cost of living is high, but the quality of life and community engagement make it worthwhile.
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Hartford, CT
Average Salary: $99,087
Hartford provides a historic setting with modern opportunities for analysts. Major employers include Aetna and Travelers. The city's blend of business and culture, along with a lower cost of living, makes it a desirable location.
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Salinas, CA
Average Salary: $98,456
Salinas, known for its agricultural industry, offers a balanced lifestyle for analytical professionals. Companies like Tanimura & Antle provide career opportunities. The city has a lower cost of living and a close-knit community, making it a great place to live and work.
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What are the best companies a Management Analyst can work for?
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Centene
Average Salary: $126,433
Centene offers a dynamic environment for Management Analysts. They focus on improving healthcare efficiency. Locations include Missouri, Florida, and Texas.
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Pacific Gas and Electric
Average Salary: $125,527
Pacific Gas and Electric (PG&E) provides Management Analysts with opportunities to work on energy solutions. They operate in California.
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Citi
Average Salary: $122,107
At Citi, Management Analysts support financial services. They work in locations such as New York and London.
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Accenture
Average Salary: $119,990
Accenture offers diverse opportunities for Management Analysts. They work in technology consulting across the globe.
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Booz Allen Hamilton
Average Salary: $113,823
Booz Allen Hamilton provides Management Analysts with roles in consulting and technology. They operate nationwide.
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Bowhead
Average Salary: $108,955
Bowhead focuses on consulting and professional services. Management Analysts work in various U.S. locations.
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Northrop Grumman
Average Salary: $107,741
Northrop Grumman offers opportunities in defense and technology. They operate across the United States.
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U.S. Bank
Average Salary: $106,642
U.S. Bank provides Management Analysts with roles in banking and finance. They have locations across the country.
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Amentum
Average Salary: $105,356
Amentum offers opportunities in defense and government services. They operate in various U.S. locations.
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Information Technology Services, Office of
Average Salary: $103,520
The Office of Information Technology Services provides Management Analysts with roles in IT. They operate in Washington, D.C.
How to earn more as a Management Analyst?
Management Analysts often aim to increase their earnings by focusing on key factors that can enhance their marketability and value. These professionals can find themselves earning more by acquiring specialized skills that meet the needs of employers. For instance, expertise in data analysis and business process management can make a Management Analyst more valuable. They can also benefit from gaining certifications that demonstrate their competence in areas such as project management or strategic planning.
Another important factor involves gaining experience in different industries. This broadens a Management Analyst's skillset and makes them more versatile. Experience across various sectors can lead to higher earnings. Also, networking plays a key role. Building relationships with industry professionals can open doors to better job opportunities. Active participation in industry events and professional organizations can lead to valuable contacts and career advancements. Lastly, continuously seeking out opportunities for professional development shows dedication and can lead to higher-paying positions.
To earn more as a Management Analyst, consider these key factors:
- Acquire specialized skills and certifications.
- Gain experience in multiple industries.
- Build a strong professional network.
- Attend industry events and join professional groups.
- Commit to ongoing professional development.
