Administrative analysts help organizations become more efficient by reducing costs and improving performance. They analyze financial data for a business or organization and provide a budget that addresses both current and future needs. Sometimes called management analysts, administrative analysts must be competent in basic research and business computer programs because they are responsible for preparing a variety of data reports.
Administrative analysts provide administrative, budgetary, organization and operational services to a department or business. They research, compile and prepare financial and accounting data for studies and reports, and they prepare graphs, charts and other statistical information from databases for the purpose of analyzing information clearly and efficiently. They use the data to help organizations and companies allocate resources. Administrative analysts may help develop, analyze, and execute budgets, as well as estimate the organization's future needs. They may prepare presentations to showcase the information they have analyzed, and they may produce documents and letters related to the reports and data they have researched.
Administrative analysts are required to have at least a bachelor's degree, preferably in the fields of accounting, finance, business, public administration, economics, statistics, political science or sociology. Some employers may require a master's degree. Occasionally, budget-related or finance-related work experience can be substituted for formal education.
Knowledge and Abilities
Administrative analysts must have an understanding of the principles and practices of business and public administration. They must know how to use basic research methods. Mastery of basic math and standard English grammar and usage are also essential. Administrative analysts need a working knowledge of commonly used general-office computer applications. They should be able to use those programs to create word documents, letters, spreadsheets, databases and presentations.
The average income of administrative or management analysts was $89,990 annually as of 2013, according to the U.S. Bureau of Labor Statistics. Eighty percent of analysts earned between $45,200 and $145,920 per year. The largest number worked for management, scientific and technical consulting businesses, where pay averaged $105,030 annually.
Administrative analysts usually work in an office setting. Most of the work shift is spent sitting and working independently at a desk in front of a computer. Administrative analysts typically work 40 hours weekly, Monday through Friday, during normal office hours. Weekend work is not usually required.
2016 Salary Information for Management Analysts
Management analysts earned a median annual salary of $81,330 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, management analysts earned a 25th percentile salary of $60,950, meaning 75 percent earned more than this amount. The 75th percentile salary is $109,170, meaning 25 percent earn more. In 2016, 806,400 people were employed in the U.S. as management analysts.