How much does a Management Analyst make?
Management Analysts play a key role in helping organizations run smoothly. They study systems and processes to find ways to improve efficiency. Their work is important, and it pays well. The average yearly salary for a Management Analyst is around $86,612. This means many people in this field earn a good living.
The salary for Management Analysts can vary based on experience and location. Those just starting out may earn less, while those with more experience can earn much more. Here are some average salaries at different experience levels:
- Entry-level: $48,500
- Mid-level: $77,082
- Senior-level: $124,718
- Top-level: $153,300
What are the highest paying cities for a Management Analyst?
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Anchorage, AK
Average Salary: $114,966
In Anchorage, professionals thrive in a dynamic environment that values efficiency and innovation. With companies like ConocoPhillips and Alaska Airlines, the city offers diverse opportunities for those keen on optimizing business processes.
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Colorado Springs, CO
Average Salary: $109,651
Colorado Springs provides a vibrant setting for those looking to enhance organizational efficiency. The presence of major firms like Lockheed Martin and UCHealth makes it an ideal place for analysts to apply their skills and drive growth.
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San Jose, CA
Average Salary: $107,124
San Jose, home to tech giants like Google and Apple, offers a stimulating environment for analysts. The city's focus on innovation and technology provides ample opportunities to improve business operations and strategies.
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Fresno, CA
Average Salary: $106,320
Fresno presents a unique blend of agricultural and tech industries. Working here, analysts can leverage their skills to optimize operations in companies like Fresno Bee and various agricultural firms.
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Washington, DC
Average Salary: $103,600
In Washington, DC, professionals can make a significant impact on policy and business strategies. With organizations like the World Bank and various government agencies, the city offers a rich environment for analysts to thrive.
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Bend, OR
Average Salary: $103,516
Bend offers a balanced lifestyle with a growing tech sector. Companies like Les Schwab and various startups provide opportunities for analysts to contribute to business improvements and growth.
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Stockton, CA
Average Salary: $101,112
Stockton provides a supportive environment for professionals to enhance business efficiency. The city's agricultural and tech sectors offer diverse opportunities for analysts to apply their skills.
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Portland, OR
Average Salary: $99,796
Portland is known for its vibrant culture and innovative businesses. Analysts here can work with companies like Nike and Intel to improve operational efficiency and drive growth.
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San Francisco, CA
Average Salary: $98,594
San Francisco offers a dynamic and fast-paced environment for professionals. With tech leaders like Salesforce and Uber, the city provides numerous opportunities for analysts to make a significant impact.
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Hartford, CT
Average Salary: $98,125
Hartford offers a blend of insurance and healthcare opportunities. Working with companies like Aetna and Travelers, analysts can contribute to optimizing business processes and strategies.
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What are the best companies a Management Analyst can work for?
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Centene
Average Salary: $132,012
Centene offers rewarding Management Analyst roles. They operate nationwide, providing health services. Analysts work on improving efficiency and effectiveness in various locations.
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Pacific Gas and Electric
Average Salary: $122,359
Pacific Gas and Electric provides high-paying Management Analyst jobs. They serve California. Analysts focus on optimizing operations and ensuring regulatory compliance.
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Citi
Average Salary: $122,108
Citi offers competitive salaries for Management Analysts. They operate globally. Analysts work on strategic projects to improve business performance.
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Accenture
Average Salary: $119,990
Accenture provides excellent opportunities for Management Analysts. They work in many countries. Analysts help clients improve their business processes and technology.
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Booz Allen Hamilton
Average Salary: $113,628
Booz Allen Hamilton offers Management Analyst roles with good pay. They serve government and commercial clients. Analysts work on complex projects to solve challenges.
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Systems Planning and Analysis, Inc. (SPA)
Average Salary: $112,896
SPA offers Management Analyst positions with solid pay. They work with government agencies. Analysts focus on improving operations and policy development.
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Centers for Disease Control and Prevention
Average Salary: $111,877
The CDC offers Management Analyst roles with good compensation. They operate nationwide. Analysts work on public health initiatives and research projects.
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Federal Aviation Administration
Average Salary: $111,126
The FAA provides Management Analyst jobs with competitive pay. They operate across the U.S. Analysts focus on improving aviation safety and efficiency.
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Optum
Average Salary: $110,386
Optum offers Management Analyst roles with good salaries. They serve many locations. Analysts work on improving healthcare delivery and patient outcomes.
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Northrop Grumman
Average Salary: $110,252
Northrop Grumman provides Management Analyst jobs with attractive pay. They operate globally. Analysts focus on enhancing defense and technology solutions.
How to earn more as a Management Analyst?
A Management Analyst can increase their earnings by focusing on several key areas. Gaining more experience and expertise in the field can lead to higher-paying positions. Analysts who specialize in areas like data analytics, finance, or technology often command higher salaries. Continuing education and obtaining certifications can also boost earning potential. Networking and building strong professional relationships can open doors to better job opportunities and salary increases. Seeking out roles that offer growth opportunities and performance-based bonuses can further enhance earnings.
Management Analysts can also increase their income by taking on leadership roles. Managers and directors typically earn more than entry-level analysts. Analysts who demonstrate strong leadership skills and the ability to manage projects and teams can advance to these higher-paying positions. Working for larger companies or in high-demand industries can also lead to higher salaries. Analysts should consider these factors when seeking to maximize their earnings. By focusing on these areas, Management Analysts can improve their career prospects and financial rewards.
Here are five factors that can help a Management Analyst earn more:
- Gain experience and expertise in specialized areas.
- Continue education and obtain relevant certifications.
- Network and build strong professional relationships.
- Seek leadership roles and opportunities for advancement.
- Work for larger companies or in high-demand industries.
