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Job Description of an Administrative Analyst
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.
Job Duties
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.
Education Requirements
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.
Average Wages
The average income of administrative or management analysts was $87,660 annually as of 2020, 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.
Work Environment
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.
Management Analysts salary
- Top 10% Annual Salary: More than $156,840 ($75.40/hour)
- Median Annual Salary: $87,660 ($42.14/hour)
- Bottom 10% Annual Salary: Less than $50,990 ($24.51/hour)
Related Articles
References
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook -- Management Analysts
- U.S. Bureau of Labor Statistics: Occupational Employment and Wages, May 2013: Management Analysts
- O*Net Online: Management Analysts
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook: Management Analysts
- Career Trend: Management Analysts
Writer
Kallie Johnson began her writing career in 2009, contributing to various online publications. She holds a Bachelor of Arts in English from the University of Nevada, Las Vegas. She enjoys writing home and garden topics and considers herself an expert on do-it-yourself home improvement topics.
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