How to Become a Strategy Analyst
Strategy analysts work for businesses large and small, both public and private, and often work for themselves. According to the U.S. Bureau for Labor Statistics, as of 2011, about 26 percent of all management analysts were self-employed -- a number three times the average across all occupations. Analysts are employed by companies and firms to take an outside look at their business practices and evaluate their current strategies, as well as potential areas for improvement. By observing a business's practices, the analyst provides a report on his findings and gives the company advice.
Instructions
-
-
1
Earn a bachelor's degree. Strategy and management analysis is not typically a degree itself -- it is usually a career for which another degree qualifies you. This means a business-related degree, like one in economics, statistics, accounting, marketing or business. An MBA may also help qualify you as a strategy analyst, as many companies seeking consultants and analysts prefer those with a master's degree. Though they are less common, you may also enroll in a strategy-related program -- often a two-year program that teaches you skills in structuring, negotiations, business integration and company valuation.
-
2
Apply for jobs with consulting firms. Though many analysts and consultants are self-employed, they must first gain experience. Working for a larger consulting firm helps you establish a name for yourself while working with new clients and learning the analysis and consulting trade.
-
-
3
Get certified by the Institute of Management Consultants USA, Inc. This organization offers the designation of Certified Management Consultant based on your experience and merit. It requires client reviews, an interview and exam and minimum levels of education -- once you earn this distinction, you may be better-equipped to stay competitive in this growing field.
-
1
References
Resources
- Photo Credit Creatas/Creatas/Getty Images