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Management Analysts Job Outlook

Employment of management analysts is expected to grow 22 percent from 2010 to 2020, faster than that average for all occupations. Demand for consulting services is expected to grow as organizations seek ways to improve efficiency and control costs. As markets become more competitive, firms will need to use resources more efficiently.

Growth will be particularly strong in smaller consulting companies that specialize in specific industries or types of business function. In addition, more management analysts will continue to be needed in the public sector, as federal, state, and local government agencies seek to reduce spending and improve efficiency.

Growth of international business will also contribute to an expected increase in demand for management analysts. As U.S. organizations expand their business abroad, many will hire management analysts to help them form the right strategy for entering the foreign market.

Many firms are also expected to hire information and other technology consultants who specialize in areas such as lowering energy consumption or implementing “green” initiatives.

Job Prospects

Jobseekers may face strong competition for management analyst positions because the high earning potential in this occupation makes it attractive to many jobseekers. Job opportunities are expected to be best for those who have a graduate degree or a certification, specialized expertise, and a talent for salesmanship and public relations.

Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition