Education programmes of job
Business Administration MBA Business Administration
Quantitative Methods MSc
Applied Statistics
Nature of work
Management analysts, sometimes referred to as management consultants, provide corporations and government departments with the expertise needed to solve management problems quickly.Management consulting firms compete for contracts for their services, which usually entails preparing detailed proposals for specific consulting projects. After a consulting firm lands a project, the firm's employees analyze the problem or problems in the client's business and devise solutions. They present the solutions to their clients in written reports and oral presentations. Then the consultants may help their clients implement the proposed solutions.
Consultant typically works long hours on tight deadlines. Therefore, he/she should be able to manage job-related stress. The work requires creativity, self- discipline, and the ability to set and meet goals. In addition to being experts in their particular fields, successful consultants are excellent at making oral presentations and have good personnel management skills.
Environment of work
Management consultant typically works in comfortable, pleasant offices. The job often requires travel, and many consultants make extended stays away from home to analyze a client's problems and implement solutions.Consulting work can make extreme demands on one's time, with long workweeks and tight deadlines. Self-employed consultant often works out of home offices and set his/her own work schedules, although the success of their business depends on his/her ability to satisfy their clients' demands.
Professional life
Management consultant works for large firms typically follows a clearly defined corporate path to advancement. In most firms new consultants are referred to as associates or researchers. As he/she gains experience, consultant may be named senior associates and be given more responsibility and less supervision. After a number of years on the job, successful consultants may be named engagement managers, then senior engagement managers, with responsibility for supervising one or more projects. Ultimately, consultants at large firms hope to be named principals or partners in the firm.Consultants with entrepreneurial ambitions often choose to start their own operations. Self-employed consultants must be able to acquire and keep enough clients to earn a profit.
Range of typical starting salaries: 35000 SYP plus potential bonuses.
Getting the job
To work in the field of management analysis and consulting, individuals need a college degree. Private industry usually looks for consultants with a master's degree in business administration (MBA) or a related discipline. Candidates straight out of college with a bachelor's degree may find work as management analysts or research associates reporting to consultants with more education and experience.Students interested in consulting careers should study business administration in general while gaining more detailed knowledge in a specific area of expertise. Suggested areas of study include computer and information sciences, engineering, marketing and distribution, and communications.
There are two common paths a person can take to become a consultant: a person can obtain a bachelor's degree in business administration or an MBA and then find a job at a major consulting firm; or a person can gain expertise in a specialty while working for a company and then seek employment with a large consulting firm or become an independent consultant.
Skills
Analytical skills: Management analysts should be able to interpret a wide range of information and use their findings to make proposals.Communication skills: Management analysts should be able to communicate clearly and precisely in both writing and speaking..
Interpersonal skills: Management analysts should work with managers and other employees of the organizations where they provide consulting services.
Problem-solving skills: Management analysts should be able to think creatively to solve clients' problems.
Self-confidence: Management analysts work under fairly high pressure. They should be confident and self-motivated when working with clients.
Time-management skills: Management analysts often work under tight deadlines and should use their time efficiently to complete projects on time.
Sources and references
If you need any further information on what is included in this file, you can visit the following websites: www.aom.pace.edu, Academy of Management
www.aimc.org, Association of Internal Management Consultants
www.imcusa.org, Institute of Management Consultants
Arab Standard Classification of Occupations, 2008, Ed. Arab Labor Organization.
Summary
Management analyst, often called management consultant. He/she proposes ways to improve an organization's efficiency. He/she advises managers on how to make organizations more profitable through reduced costs and increased revenues.Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst selects proposals from a number of consultants and consulting companies that specialize in the needed work.