Management analysts are responsible for examining a company's infrastructure and proposing methods to make its systems and processes more efficient. Analysts usually are either employed for projects via contracts, or they are salaried employees. Salaried management analysts typically specialize in a specific area such as inventory and logistics, or in a particular industry such as healthcare. Management analysis requires a balance of satisfying clients' needs and taking action necessary for the benefit of the company. Most analysts earn undergraduate degrees in business administration or obtain MBAs.
Management analysts come from a wide variety of backgrounds. Experience in human resources, project management, and information technology are all related in some way to the core job description. There is quite a bit of competition for analyst positions; the best applicants are those who are confident speakers, analytical, knowledgeable businesspeople, and charismatic leaders. Critical thinking and analytical abilities are clearly of prime importance in analyst positions, and many employers use the Criteria Cognitive Aptitude Test (CCAT) to assess candidates in these key attributes. Personality is also a vital part of the equation for analysts, and the Employee Personality Profile (EPP) contains a customized benchmark for analysts, measuring how well-suited a candidate is for an analyst position through an assortment of personality traits.
Source: U.S. Department of Labor