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Career and Education Opportunities for Business Management Analysts in Lexington-Fayette, Kentucky

Business management analyst career and educational opportunities abound in Lexington-Fayette, Kentucky. There are currently 3,140 jobs for business management analysts in Kentucky and this is projected to grow by 22% to 3,820 jobs by 2016. This is not quite as good as the nation as a whole, where employment opportunities for business management analysts are expected to grow by about 23.9%. Business management analysts generally conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively.

Income for business management analysts is about $30 hourly or $62,540 yearly on average in Kentucky. Nationally, their income is about $35 per hour or $73,570 annually. Earnings for business management analysts are better than earnings in the general category of Adjustment and Analysis in Kentucky and better than general Adjustment and Analysis category earnings nationally. Business management analysts work in a variety of jobs, including: commercial specialist, administrative analyst, and business operations analyst.

There are twenty-two schools of higher education in the Lexington-Fayette area, including ten within twenty-five miles of Lexington-Fayette where you can get a degree to start your career as a business management analyst. Given that the most common education level for business management analysts is a Bachelor's degree, it will take about four years to learn to be a business management analyst if you already have a high school diploma.

CAREER DESCRIPTION: Business Management Analyst

Business Management Analyst video from the State of New Jersey Dept. of Labor and Workforce Development

In general, business management analysts conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. They also includes program analysts and management consultants.

Business management analysts inspect forms and reports and talk with management about format and purpose. They also gather and organize data on problems or procedures. Equally important, business management analysts have to analyze data gathered and design solutions or alternative methods of proceeding. They are often called upon to talk with personnel to insure successful functioning of newly implemented systems or procedures. They are expected to layout and approve changes of forms and reports. Finally, business management analysts interview personnel and conduct on-site observation to ascertain unit functions and methods, equipment, and personnel used.

Every day, business management analysts are expected to be able to articulate ideas and problems. They need to listen to and understand others in meetings.

Business management analysts sometimes are asked to ready manuals and train staff in use of new forms, reports, procedures or equipment, in line with organizational policy. and recommend purchase of storage equipment and design area layout to place equipment in space available. And finally, they sometimes have to design and implement records management programs for filing and retrieval of records, and ensure adherence to programs.

Like many other jobs, business management analysts must be reliable and believe in an agile approach to problem solving and deal with change.

Similar jobs with educational opportunities in Lexington-Fayette include:

  • Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
  • Coroner. Direct activities such as autopsies, pathological and toxicological analyses, and inquests relating to the investigation of deaths occurring within a legal jurisdiction to determine cause of death or to fix responsibility for accidental, violent, or unexplained deaths.
  • Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
  • Emergency Management Coordinator. Coordinate disaster response or crisis management activities, provide disaster preparedness training, and prepare emergency plans and procedures for natural, wartime, or technological disasters or hostage situations.
  • Employment Recruiter. Seek out, interview, and screen applicants to fill existing and future job openings and promote career opportunities within an organization.
  • Insurance Adjuster. Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
  • Insurance Appraiser. Appraise automobile or other vehicle damage to determine cost of repair for insurance claim settlement and seek agreement with automotive repair shop on cost of repair. Prepare insurance forms to indicate repair cost or cost estimates and recommendations.
  • Job Training Specialist. Conduct training and development programs for employees.

EDUCATIONAL OPPORTUNITIES: Business Management Analyst Training

Midway College - Midway, KY

Midway College, 512 E. Stephens St, Midway, KY 40347-1120. Midway College is a small college located in Midway, Kentucky. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,323 students and an admission rate of 58%. Midway College has an associate's degree and a bachelor's degree program in Business/Commerce which graduated five and zero students respectively in 2008.

Kentucky State University - Frankfort, KY

Kentucky State University, 400 East Main Street, Frankfort, KY 40601. Kentucky State University is a small university located in Frankfort, Kentucky. It is a public school with primarily 4-year or above programs. It has 2,660 students and an admission rate of 31%. Kentucky State University has 2 areas of study related to Business Management Analyst. They are:

  • Business/Commerce, bachelor's degree which graduated 1 student in 2008.
  • Business Administration and Management, master's degree which graduated 2 students in 2008.

Berea College - Berea, KY

Berea College, 101 Chestnut Street, Berea, KY 40404-2182. Berea College is a small college located in Berea, Kentucky. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,550 students and an admission rate of 22%. Berea College has a bachelor's degree program in Business Administration and Management which graduated fourteen students in 2008.

Bluegrass Community and Technical College - Lexington, KY

Bluegrass Community and Technical College, 470 Cooper Drive, Lexington, KY 40506. Bluegrass Community and Technical College is a large college located in Lexington, Kentucky. It is a public school with primarily 2-year programs and has 12,200 students. Bluegrass Community and Technical College has an associate's degree program in Business Administration and Management which graduated fifty-one students in 2008.

Georgetown College - Georgetown, KY

Georgetown College, 400 East College Street, Georgetown, KY 40324. Georgetown College is a small college located in Georgetown, Kentucky. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,856 students and an admission rate of 84%. Georgetown College has a bachelor's degree program in Business/Commerce which graduated two students in 2008.

Eastern Kentucky University - Richmond, KY

Eastern Kentucky University, 521 Lancaster Ave, Richmond, KY 40475-3102. Eastern Kentucky University is a large university located in Richmond, Kentucky. It is a public school with primarily 4-year or above programs. It has 16,050 students and an admission rate of 69%. Eastern Kentucky University has 2 areas of study related to Business Management Analyst. They are:

  • Business/Commerce, bachelor's degree and master's degree which graduated thirty-four and sixteen students respectively in 2008.
  • Business Administration and Management, bachelor's degree.

University of Kentucky - Lexington, KY

University of Kentucky, , Lexington, KY 40506-0032. University of Kentucky is a large university located in Lexington, Kentucky. It is a public school with primarily 4-year or above programs. It has 26,083 students and an admission rate of 77%. University of Kentucky has bachelor's degree, master's degree, and doctor's degree programs in Business/Commerce which graduated fifty-two, 137, and six students respectively in 2008.

Asbury College - Wilmore, KY

Asbury College, 1 Macklem Dr, Wilmore, KY 40390-1198. Asbury College is a small college located in Wilmore, Kentucky. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,521 students and an admission rate of 56%. Asbury College has 2 areas of study related to Business Management Analyst. They are:

  • Business/Commerce, bachelor's degree which graduated 1 student in 2008.
  • Business Administration and Management, bachelor's degree which graduated 8 students in 2008.

Transylvania University - Lexington, KY

Transylvania University, 300 N Broadway, Lexington, KY 40508-1797. Transylvania University is a small university located in Lexington, Kentucky. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,158 students and an admission rate of 23%. Transylvania University has a bachelor's degree program in Business/Commerce which graduated six students in 2008.

National College-Lexington - Lexington, KY

National College-Lexington, 2376 Sir Barton Way, Lexington, KY 40509. National College-Lexington is a small college located in Lexington, Kentucky. It is a private for-profit school with primarily 4-year or above programs and has 2,694 students. National College-Lexington has 2 areas of study related to Business Management Analyst. They are:

  • Business/Commerce, one to two year which graduated 12 students in 2008.
  • Business Administration and Management, less than one year, associate's degree, and bachelor's degree which graduated one, eighty-seven, and three students respectively in 2008.

CERTIFICATIONS

Certified Turnaround Professional: The Certified Turnaround Professional (CTP) designation was created to provide training and create an objective measure of the experience, knowledge, and integrity that is necessary to conduct corporate renewal work.

For more information, see the Association of Certified Turnaround Professionals, Inc. website.

Certified Form Systems Professional: Holding a Certified Form Systems Professional (CFSP) certification from Business Forms Management Association tells employers, co-workers and clients that they can trust your expertise in carrying out a forms and business processes project.

For more information, see the Business Forms Management Association website.

Fiscal Services - Accelerated Package: Fiscal Services - Accelerated Package course list: Better Requests for Proposals for Better Projects; Continuous Improvement Through Monitoring; Contracting; New Coding System for the 21st Century; Procurement; and Writing Winning Grant Proposals.

For more information, see the Dynamic Works Institute website.

Certified Management Consultant: The Certified Management Consultant (CMC) mark is awarded by the IMC USA to consultants who have achieved a level of performance that includes professional standards in technical competency and ethics, and global standards in consulting competencies, professional behavior, client and project management, and personal conduct.

For more information, see the Institute of Management Consultants in the U.S.A. website.

Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.

For more information, see the Investment Management Consultants Association website.

Certified Associate in Project Management: As project management grows in scope, importance and recognition, so do the related career and credential options available to you.

For more information, see the Project Management Institute website.

Program Management Professional: Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program.

For more information, see the Project Management Institute website.

LOCATION INFORMATION: Lexington-Fayette, Kentucky

Lexington-Fayette, Kentucky
Lexington-Fayette, Kentucky photo by Jonesey

Lexington-Fayette is located in Fayette County, Kentucky. It has a population of over 282,114, which has grown by 8.3% over the last ten years. The cost of living index in Lexington-Fayette, 84, is well below the national average. New single-family homes in Lexington-Fayette are valued at $167,600 on average, which is well above the state average. In 2008, seven hundred seventy-one new homes were built in Lexington-Fayette, down from 1,227 the previous year.

The three big industries for women in Lexington-Fayette are health care, educational services, and accommodation and food services. For men, it is educational services, construction, and accommodation and food services. The average travel time to work is about 19 minutes. More than 35.6% of Lexington-Fayette residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 14.5%, is higher than the state average.

The percentage of Lexington-Fayette residents that are affiliated with a religious congregation, 47.3%, is less than both the national and state average. Victory Baptist Church, Aldersgate Church and Trinity Hill United Methodist Church are all churches located in Lexington-Fayette. The largest religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.

Lexington-Fayette is home to the Tates Creek Country Club and the Home of Henry Clay as well as Kentucky State Horse Park and Duncan Park. Shopping centers in the area include Fayette Mall, Turfland Mall and Lexington Mall.