Management analysts

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Total Workforce

781k

Average Age

44.5

Estimated Job Growth

14.3%

10-year projection

Average Salary

$98,510

Average Male Salary

$112,031

Average Female Salary

$80,848

About

Management analysts are most often employed by the Management, scientific & technical consulting services industry. The average yearly wage for Management analysts was $98,510 in 2016. The top 3 most similar occupations to Management analysts by wage are Miscellaneous engineers, including nuclear engineers, Financial examiners, and Veterinarians.

Management analysts are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, Compliance officers, Cost estimators, Human resources workers, Logisticians, Management analysts, Meeting, convention, & event planners, Fundraisers, Compensation, benefits, & job analysis specialists, Training & development specialists, Market research analysts & marketing specialists, Business operations specialists, all other, Accountants & auditors, Appraisers & assessors of real estate, Budget analysts, Credit analysts, Financial analysts, Personal financial advisors, Insurance underwriters, Financial examiners, Credit counselors & loan officers, Tax examiners & collectors, & revenue agents, Tax preparers, and Other financial specialists

The top 3 locations that employ the most Management analysts are Lake View & Lincoln Park PUMA, IL, Arlington County (North) PUMA, VA, and District of Columbia (Central) PUMA, DC. The top 3 locations with a relatively high concentration of Management analysts are Arlington County (North) PUMA, VA, Vienna Town, Oakton & Fair Oaks (East) PUMA, VA, and District of Columbia (Central) PUMA, DC.

Employment

Information on the businesses and industries that employ Management analysts and on wages and locations for those in the field. Management, scientific & technical consulting services is the industry that employs the most Management analysts, both by share and by number, though the highest paid industry for Management analysts, by average wage, is Support activities for mining. Management analysts are paid most in Warren, Libertyville (North & East) & Shields Townships PUMA, IL but are relatively concentrated in Arlington County (North) PUMA, VA.

Wages

Yearly Wage

$98,510

AVERAGE SALARY

± $2,562

In 2017, Management analysts earned an average of $98,510, $46,445 more than than the average national salary of $52,065.

Miscellaneous engineers, including nuclear engineers make somewhat more than Management analysts while Financial examiners make somewhat less. This chart shows the various occupations closest to Management analysts as measured by average annual salary in the US.

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Wage Distribution

0.414

WAGE GINI

In 2017, Management analysts had a wage GINI coefficient of 0.414, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Management analysts (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Management analysts.

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Spatial Concentration

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Management analysts.

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Industries

Most Common

The most common industries employing Management analysts, by number of employees, are Management, scientific & technical consulting services, Computer Systems Design, and Insurance carriers & related activities.

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Highest Paying

The highest paying industries for Management analysts, by average wage, are Support activities for mining, Pharmaceutical & medicine manufacturing, and Computer & peripheral equipment manufacturing.

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Industries by Share

781k

2017 Workforce

± 21,634

6.82%

1 YEAR GROWTH

± 3.73%

The number of people employed as Management analysts has been growing at a rate of 6.82%, from 730,762 people in 2016 to 780,590 people in 2017.

This graphic shows the share of Management analysts employed by various industries. Management, scientific & technical consulting services employs the largest share of Management analysts at  48.2%, followed by Computer Systems Design with 5.66% and Insurance carriers & related activities with 5.44%.

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Diversity

Demographic information on Management analysts in the US. The average age of male Management analysts in the workforce is 45.5 and of female Management analysts is 43.2, and the most common race/ethnicity for Management analysts is White.

Gender Composition

442k

MALE WORKFORCE

± 16,300

338k

FEMALE WORKFORCE

± 14,267

56.6% of Management analysts are Male, making them the more common gender in the occupation. This chart shows the gender breakdown of Management analysts.

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Race & Ethnicity

Most Common Race or Ethnicity of Management analysts

  1. White

  2. Asian

  3. Black

76.3% of Management analysts are White, making that the most common race or ethnicity in the occupation. Representing 11.4% of Management analysts, Asian is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Management analysts.

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Age by Gender

45.5

AVERAGE MALE AGE

± 0.517

43.2

AVERAGE FEMALE AGE

± 0.536

The median age of Management analysts is 44.5, and Male employees are generally 2.24 years older than than their Female counterparts.

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Education

Data on higher education choices for Management analysts from The Department of Education and Census Bureau. The most common major for Management analysts is Business but a relatively high number of Management analysts hold a major in Computer and Information Sciences and Support Services.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

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Skills

Data on the critical and distinctive skills necessary for Management analysts from the Bureau of Labor Statistics. Management analysts need many skills, but most especially Reading Comprehension, Active Listening, and Critical Thinking. The revealed comparative advantage (RCA) shows that Management analysts need more than the average amount of Operations Analysis, Systems Evaluation, and Systems Analysis.

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Growth Projections

Projections on wages and job growth for Management analysts from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Management analysts are expected to see a growth of 14.3% over the same period. This occupation is expected to grow higher than the national average.

Job Growth

14.3%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2016 to 2026) for Management analysts. This profession is expected to grow faster than 7.4%, the average rate of national job growth.

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