Career and Education Opportunities for Business Management Analysts in Madison, Wisconsin
Business management analyst career and educational opportunities abound in Madison, Wisconsin. There are currently 7,880 working business management analysts in Wisconsin; this should grow 7% to 8,420 working business management analysts in the state 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.
A person working as a business management analyst can expect to earn about $29 per hour or $61,770 per year on average in Wisconsin and about $35 hourly or $73,570 annually on average in the U.S. as a whole. Compared with people working in the overall category of Adjustment and Analysis, people working as business management analysts in Wisconsin earn more. They earn more than people working in the overall category of Adjustment and Analysis nationally. Jobs in this field include: adviser sales, commercial specialist, and organizational development consultant.
There are thirteen schools of higher education in the Madison area, including six within twenty-five miles of Madison where you can get a degree to start your career as a business management analyst. Business management analysts usually hold a Bachelor's degree, so you can expect to spend about four years studying to be a business management analyst if you already have a high school diploma.
CAREER DESCRIPTION: Business Management Analyst
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 Madison 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.
- 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.
- 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.
EDUCATIONAL OPPORTUNITIES: Business Management Analyst Training
Edgewood College - Madison, WI
Edgewood College, 1000 Edgewood College Drive, Madison, WI 53711-1997. Edgewood College is a small college located in Madison, Wisconsin. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,544 students and an admission rate of 76%. Edgewood College has 2 areas of study related to Business Management Analyst. They are:
- Business/Commerce, bachelor's degree and master's degree which graduated two and thirty-five students respectively in 2008.
- Business Administration and Management, bachelor's degree which graduated 26 students in 2008.
Herzing College - Madison, WI
Herzing College, 5218 E. Terrace Dr., Madison, WI 53718. Herzing College is a small college located in Madison, Wisconsin. It is a private for-profit school with primarily 4-year or above programs and has 2,085 students. Herzing College has an associate's degree and a bachelor's degree program in Business Administration and Management which graduated fifteen and forty-nine students respectively in 2008.
University of Phoenix-Madison Campus - Madison, WI
University of Phoenix-Madison Campus, 2310 Crossroads Dr. Ste 3000, Madison, WI 53718-2416. University of Phoenix-Madison Campus is a small university located in Madison, Wisconsin. It is a private for-profit school with primarily 4-year or above programs and has 55 students. University of Phoenix-Madison Campus has a bachelor's degree and a master's degree program in Business Administration and Management which graduated one and ten students respectively in 2008.
Madison Area Technical College - Madison, WI
Madison Area Technical College, 3550 Anderson St, Madison, WI 53704. Madison Area Technical College is a large college located in Madison, Wisconsin. It is a public school with primarily 4-year or above programs and has 14,553 students. Madison Area Technical College has an associate's degree program in Business Administration and Management which graduated fifty students in 2008.
University of Wisconsin-Madison - Madison, WI
University of Wisconsin-Madison, 500 Lincoln Dr, Madison, WI 53706-1380. University of Wisconsin-Madison is a large university located in Madison, Wisconsin. It is a public school with primarily 4-year or above programs. It has 41,581 students and an admission rate of 63%. University of Wisconsin-Madison has 2 areas of study related to Business Management Analyst. They are:
- Business/Commerce, master's degree and doctor's degree which graduated thirty-one and fourteen students respectively in 2008.
- Business Administration and Management, bachelor's degree and master's degree which graduated thirty-one and twelve students respectively in 2008.
Blackhawk Technical College - Janesville, WI
Blackhawk Technical College, 6004 County Road G, Janesville, WI 53547-5009. Blackhawk Technical College is a small college located in Janesville, Wisconsin. It is a public school with primarily 2-year programs and has 2,755 students. Blackhawk Technical College has an associate's degree program in Business Administration and Management which graduated six students in 2008.
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: Madison, Wisconsin
Madison is situated in Dane County, Wisconsin. It has a population of over 231,916, which has grown by 11.5% in the past ten years. The cost of living index in Madison, 86, is well below the national average. New single-family homes in Madison are valued at $243,800 on average, which is near the state average. In 2008, one hundred forty-eight new homes were constructed in Madison, down from three hundred seventy-four the previous year.
The top three industries for women in Madison are educational services, health care, and finance and insurance. For men, it is educational services, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 18 minutes. More than 48.2% of Madison residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 20.9%, is higher than the state average.
The unemployment rate in Madison is 5.2%, which is less than Wisconsin's average of 7.7%.
The percentage of Madison residents that are affiliated with a religious congregation, 52.5%, is more than the national average but less than the state average. Gates of Heaven Synagogue, Abundant Life Church and Grace Episcopal Church are some of the churches located in Madison. The most common religious groups are the Catholic Church, the Evangelical Lutheran Church in America and the United Methodist Church.
Madison is home to the Allen Centennial Gardens and the Annie C Stewart Memorial Fountain as well as Bordner Park and Brigham Park. Shopping centers in the area include Brookwood Village Shopping Center, Whitney Square Shopping Center and Walnut Grove Shopping Center. Visitors to Madison can choose from Comfort Inn Madison, Howard Johnson-Plaza Hotel and Country Inn Sts Madison for temporary stays in the area.