What the title covers
One company, its own questions, and no client to bill. A small team sits close to senior leadership and works on decisions the company has to make about itself, such as whether to enter a new market, what to do about a competitor, whether to build something or buy it, and where the next three years of growth are supposed to come from. The analysis looks much like consulting work, built in Excel and presented in slides. The difference is what happens afterward. A consultant delivers the recommendation and leaves. You stay, watch it get carried out or quietly ignored, and are often asked about the same question again a year later when circumstances have changed.
A second use of this title
A large share of postings titled Strategy Analyst are financial planning roles. That work builds budgets, forecasts and variance reports, and it is anchored in accounting. It is a respectable career and a different one, because strategy work is looser, less tied to the ledger, and concerned with decisions that have not been made yet rather than with numbers that already exist.
Corporate development is the other near neighbour. That title means mergers and acquisitions specifically, including valuation, diligence and deal execution. A posting mentioning budget cycles, forecasting or month end is describing financial planning. A posting mentioning diligence, valuation or transactions is describing corporate development. Market entry, competitive response and long range planning describe the strategy job itself.
Where it is found
Large companies almost exclusively, because a business needs to be a certain size before it employs people solely to think about its own direction.
Typical entry requirements
- Education
- Bachelor's degree. Economics, business, finance and engineering are the usual routes
- Expected
- Building a model in Excel and turning it into a small number of slides an executive will actually read
- Frequently required
- Two to four years of prior experience, most often in consulting, investment banking or financial analysis
- Often listed
- Comfort working across departments that do not report to you and may not want to help
- Experience
- Genuinely entry level openings are scarce. These teams are small and tend to hire people who have already been trained somewhere else