research analyst skills

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Research Analyst skills for your resume and career

Research analysts need a range of hard skills to be effective in their roles. They must have a strong understanding of data analysis, experience conducting or managing research projects, and be proficient in data collection and data analysis. They must also be familiar with business procedures and have experience using tools like Python, SAS, and SQL.

In addition to these hard skills, research analysts must also possess soft skills. According to DJ Wagner Ph.D. , Professor of Physics at Grove City College, "Evidence of independent research projects and of the ability to work collaboratively are very important considerations in the hiring process." They must be strong communicators and be able to portray their findings and suggestions well. Customer service is also a surprisingly important skill for research analysts.

15 research analyst skills for your resume and career

1. data analysis.

Data analysis is a process of examining data to draw conclusions. Research analysts use data analysis to prepare test records, assist in audit work programs, and summarize research activities. They also use data analysis to ensure coding and reliability of survey data. For example, they conduct research and statistical data analysis of pharmaceutical and medical device industries. They also perform data analysis on numerous databases to identify trends. They use data analysis to improve business processes and reduce call center volume and operating expenses.

• Prepared data analysis for completed test records/ participants along with assisting in the preparation and refinement of audit work programs.
• Provided data analysis summarizing research activities and results, and transplant outcomes analysis for IRB submissions and insurance re-certifications.

2. Data Collection

Data collection is the process of gathering information from various sources to analyze and gain insights. Research analysts use data collection in various ways, such as managing the execution of primary research projects, redesigning data collection forms, and training others on data collection protocols. They also perform qualitative and quantitative data analysis, facilitate focus groups, and develop written reports or products based on their findings.

• Managed the execution of primary research projects from questionnaire development, supervised data collection and data tabulation, and prepared reports.
• Redesigned data collection forms used by the director services contractor to submit service delivery information required by the federal funding agency.

3. Research Projects

Research projects are investigations or studies that aim to answer questions or solve problems. Research analysts use these projects to gather and analyze data, evaluate effectiveness, and provide recommendations. They may also manage and collaborate on research projects, ensuring they align with regulations and address research questions. For example, a research analyst might complete a series of research projects to redesign packaging and eliminate waste, or assist with primary market research projects by developing questionnaires and analyzing data.

• Completed series of research projects which allowed company to redesign suture packaging, eliminating waste which created significant savings.
• Managed qualitative and quantitative research projects, as well as writing and editing reports utilizing primary and secondary data.

4. PowerPoint

PowerPoint is a presentation software used to create slide shows with text, images, and other elements. Research analysts use PowerPoint to prepare presentations for clients and colleagues, summarizing their findings and adding charts and graphics to illustrate their points. They also use PowerPoint to present their research results to high-level officials and create client-ready presentations. As Dr. Glenn Whitehouse , Associate Dean and Associate Professor at Florida Gulf Coast University, points out, "Anyone can learn what the buttons do on PowerPoint, but not everyone understands the principles of an effective presentation."

• Assisted economists in preparing PowerPoint presentations, vulnerability monitors, economic outlook assessments, and staff reports for their respective countries.
• Provide Russian language translation support and specialized assistance * Produce written reports and PowerPoint presentations in support of customer requirements

5. Market Research

Market research is the process of gathering insights about people's perceptions and preferences. Research analysts use market research to analyze consumer behavior, identify trends, and develop marketing strategies. They analyze statistical data, generate reports, and provide recommendations based on their findings. They also use market research to understand the competition, identify opportunities, and develop new products. For example, they might conduct surveys to determine consumer preferences, analyze customer feedback, and monitor trends to determine the effectiveness of marketing campaigns.

• Conducted and analyzed qualitative and quantitative market research for national advertising clients of The Martin Agency and other leading advertising agencies.
• Market Research project experience includes Market Sizing and Forecasting, Customer Segmentation, New Product Concept Testing, Customer Satisfaction-Importance Analysis.

Python is a programming language used for data analysis and machine learning. Research analysts use Python to extract and analyze data, perform statistical analysis, and automate tasks. They use Python to create scripts that restructure, store, and clean data. They also use Python to develop applications and websites, and to communicate results effectively through reports and presentations. As Dr. Jackie Gallagher , Associate Professor and Chair at the University of Mary Washington, puts it, "GIS skills are incredibly valuable for geography majors, but are not absolutely essential. One or two classes in GIS are useful; our undergraduate certificate, especially if it includes Python programming language, is very valuable."

• Performed data extraction and statistical analysis of legal texts using custom designed and developed Python code.
• Performed statistical analyses on environmental data using Python and R statistical packages.

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7. data entry.

Data entry involves entering information into a computer database. Research analysts use data entry to process authorizations, update customer information, and document technical procedures. They also use data entry to evaluate and analyze information, conduct research, and streamline their research process.

• Processed third party authorizations and customer address and telephone update requests through daily data entry.
• Performed data entry into spreadsheets and database of information located online for various computer products.

8. Statistical Analysis

Statistical analysis is the process of collecting and analyzing data to understand patterns and trends. Research analysts use statistical analysis to ensure the integrity of data they disseminate. They also use it to identify factors that affect the cost of switching to renewable electricity, analyze the impact of management development on employee performance, and prepare reports on historical comparative performance.

• Employed quality control procedures, including statistical analysis of index levels, used to ensure integrity of data that was disseminated.
• Performed statistical analysis and econometric modeling on project supporting the Social Security Administration on improving their modeling techniques regarding payment outcomes.

9. Healthcare

Healthcare refers to the provision of preventive, curative, and palliative care to individuals. Research analysts use healthcare in various ways, such as determining prior authorizations for medication, researching questions and clarifying issues with patient claims, and collaborating with pharmacies and healthcare providers. They also analyze the earnings releases and rebuild financial statements of healthcare companies. Dr. Charlotte Kunkel , Professor of Sociology at Luther College, notes that "anywhere in the healthcare and criminal justice systems (lawyers, probation, and policing) will be looking for candidates who can understand the larger patterns of social inequalities that are present in society."

• Determined prior authorizations for medication, Researched questions and clarified issues with patient claims and collaborated with pharmacies and healthcare provider.
• Persuaded Board of Directors and senior management to implement proposals for out-of-the-box innovation that influence innovation in healthcare and wellness initiatives.

SAS is a software suite for data management, predictive analytics, and business intelligence. Research analysts use SAS to develop statistical models, forecast data, and prepare reports. They also use it to manage and analyze large data sets, automate processes, and create data summaries. They use SAS in conjunction with other software tools like Excel, SPSS, and ArcGIS.

• Developed software to readily obtain information from several internal company sources for troubleshooting metering/billing problems using SAS and Visual Basic.
• Developed statistical models using SAS to forecast various indexes to support the mortgage-backed securities derivatives trading operations

11. Visualization

Data visualization is the process of turning data into visual representations. Research analysts use data visualization to present information in a clear and concise way. They use it to deliver insights and to report on data-driven market analysis. They also use it to enable efficient program management and to study geospatial representations. According to Stephen A. Matthews Ph.D. , Liberal Arts Professor of Sociology at Pennsylvania State University, "I hope our Ph.D. graduates have... data visualization... as well as the technical skills."

• Authored and delivered presentation introducing Tableau to the advertising sales team, allowing exposure to improvements in data visualization.
• Launched data visualization with Tableau environments.

12. Research Data

Research data is information gathered from various sources to answer specific research questions. Research analysts use research data to provide insights and support decision-making. They collect data from various sources, such as surveys and databases, analyze it, and convert it into useful information for senior scientists and other stakeholders. They also use research data to evaluate market segments, assess the effectiveness of marketing campaigns, and develop financial models.

• Traveled to elementary schools to collect qualitative research data for use in a national study over early childhood language development.
• Designed new preparedness research frameworks, preparedness research data systems in alignment with currently addressed national and state research agendas.

13. Analyze Data

To analyze data means to examine it closely to understand it better and make decisions. Research analysts use analyze data by managing and collecting data from a variety of sources, such as biological, psychological, and sociopolitical aspects. They also use statistical methods to analyze data and collaborate with other team members to meet project deadlines.

• Manage and analyze data collected from biological, psychological, sociopolitical, and clinical aspects of substance use and related behavior.
• Worked cohesively and collaboratively with other team members to effectively analyze data from various energy assets and meet project deadlines.

SPSS is a statistical software package used for data analysis. Research analysts use SPSS to determine correlations and patterns in large data sets. They use it to analyze data and create reports to help inform decision-making and identify areas of improvement. For example, they may use SPSS to analyze survey data and determine the relationship between advertising rates and market penetration. They may also use it to segment a client's marketplace and identify client strengths and areas of improvement.

• Leveraged SPSS to determine statistically insignificant correlation between consumers' nationalities and price expectations on certain goods.
• Conducted statistical and regression analyses to determine relationships between advertising rates and market penetration using SPSS

SQL is a language used to communicate with databases. Research analysts use SQL to query and manipulate data for analysis. They might use SQL to pull data for custom research analyses, or to develop algorithms for early patient identification. They also use SQL to optimize data stored in databases for easier accessibility.

• Managed SQL Server customer complaint database; developed reports documenting quality and complaint trends.
• Developed an algorithm in SQL queries based on specialty pharmacy claims for early patient identification to increase enrolled members and revenue.

12 Research Analyst Resume Examples

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What skills help Research Analysts find jobs?

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What type of skills will young Research Analysts need?

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List of research analyst skills to add to your resume

The most important skills for a research analyst resume and required skills for a research analyst to have include:

• Data Analysis
• Data Collection
• Research Projects
• Market Research
• Statistical Analysis
• Visualization
• Research Data
• Analyze Data
• Customer Service
• Data Management
• Strong Analytical
• Real Estate
• Project Management
• Research Studies
• Research Findings
• Financial Statements
• Research Reports
• Literature Reviews
• Quantitative Research
• Quantitative Data
• Qualitative Data
• Government Agencies
• Qualitative Research
• Research Support
• Financial Analysis
• Business Development
• Primary Research
• Quantitative Analysis
• Financial Models
• Pivot Tables
• Due Diligence
• In-Depth Research
• Survey Data
• Media Research
• Research Results

Updated February 16, 2024

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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Table of Contents

What is a research analyst, research analyst job description, research analyst roles and responsibilities, research analyst job requirements, research analyst career path, how to become a research analyst, research analyst skills , research analyst salary, research analyst job outlook, how to crack a research analyst interview, choose the right course, research analyst job description: unlocking insights [2024].

Are you looking for a lucrative career opportunity? Are you interested in joining a field with a strong future job outlook? Consider embarking on a career as a research analyst. Research analysts enable organizations to make data-driven decisions by analyzing market research and extracting valuable insights. Their expertise in maximizing the potential of data has made them invaluable assets in various sectors.

The demand for skilled professionals in this area is expected to rise significantly in the coming years, and the compensation offered is notably higher than the national average. Numerous compelling reasons exist to investigate the path to becoming a research analyst.

A research analyst, often referred to in specific sectors like finance, market research, or data analysis, gathers, interprets, and uses various data to help decision-making processes. Their work can span several industries, including finance, marketing, economics, healthcare, and more. Here's a breakdown of what a research analyst does:

• Data Gathering: They collect data from various sources, such as financial reports, databases , surveys, or relevant industry-specific sources.
• Data Analysis: They use statistical tools and models to identify trends, patterns, and insights. This process often involves the use of specialized software for quantitative analysis.
• Report Writing: They compile their findings into reports, presentations, or dashboards. These reports typically include visual data representations like charts and graphs, written summaries and analysis to make the information accessible to stakeholders.
• Making Recommendations: Research analysts may predict future trends and offer recommendations to their clients or employers based on their analysis. These recommendations can guide strategic planning, investment decisions, policy formulation, or marketing strategies.
• Staying Informed: Research analysts must stay up-to-date with industry trends, economic conditions, and technological advancements relevant to their field of specialization. Continuous learning is a key part of their role.
• Specializations: Depending on their field, research analysts may have specific titles, such as financial analyst, market research analyst, operations research analyst, or data analyst . Each specialization focuses on particular types of data and serves different business needs.

Here’s what a Research Analyst Job description looks like:

Job Title: Research Analyst

Job Summary: The Research Analyst collects, analyzes, and interprets data to help the company make informed decisions. This role involves conducting market research, analyzing financial data, identifying trends, and preparing reports contributing to the organization's strategic planning and operational efficiency.

Key Job Responsibilities of a Research Analyst:

• Collect data from various sources, including public databases, financial reports, and surveys.
• Analyze data using statistical tools and analytical methods. Interpret data sets and identify trends, patterns, and insights relevant to the company's goals.
• Prepare detailed reports and presentations that summarize findings and analysis.
• Provide insights based on data analysis to support department decision-making processes.
• Work closely with other departments to understand their data needs and assist in data-driven decision-making.
• Manage research projects from conception to completion, ensuring they are delivered on time and within budget.

Skills and Qualifications:

• Bachelor’s degree in Economics, Statistics, Mathematics, Business Administration, or a related field. A Master’s degree is preferred for advanced positions.
• Proven experience in a research analyst role or similar position.
• Strong analytical and problem-solving skills.
• Proficiency in statistical software (e.g., SPSS, SAS) and Microsoft Office Suite, especially Excel.
• Excellent communication and presentation skills.
• Attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Time management skills and handling multiple projects simultaneously.

Work Environment and Physical Demands:

• This is primarily an office-based role.
• May require occasional travel to conduct field research or attend conferences.

Career Path:

Research Analysts can advance to senior analyst positions, research managers, or specialized roles depending on their expertise and interest.

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• Data Collection: Gather data from diverse sources, including databases, surveys, interviews, and financial reports.
• Data Analysis: Analyze data using statistical methods and software to uncover trends, patterns, and insights.
• Reporting: Prepare detailed reports and presentations summarizing research findings, including charts, graphs, and written analysis.
• Making Recommendations: Provide actionable recommendations based on data analysis to guide decision-making and strategic planning.
• Market Monitoring: This will inform research and analysis and keep you abreast of industry trends, market conditions, and competitor activities.
• Quality Control: Ensure the accuracy and reliability of data collected and analyses conducted.
• Collaboration: Work closely with other departments or teams to understand their research needs and support them with data-driven insights.

The job requirements for a Research Analyst can vary depending on the field and employer, but generally, they include a mix of educational background, skills, and personal qualities. Below are the standard requirements you might find in a job listing for a Research Analyst:

Educational Background

• Bachelor’s Degree: Required in Economics, Finance, Statistics, Mathematics, Business Administration, or a related discipline.
• Master’s Degree: This is preferred or required for more advanced positions, especially in specialized fields like finance or market research.
• Relevant Experience: Many positions require previous experience in research, analysis, or a related role. Entry-level roles may require less experience, but internships in relevant fields can be beneficial.
• Industry-Specific Knowledge: Knowledge of a specific industry can be crucial for certain sectors, such as finance, healthcare, or technology .

Analytical Skills

• Statistical Skills
• Mathematical Skills

Technical Skills

Communication skills.

• Critical Thinking Skills
• Attention to Detail Skills
• Problem-Solving Skills
• Project Management Skills

Personal Qualities

• Curiosity: A strong desire to learn and understand data, trends, and industry dynamics.
• Independence: Ability to work autonomously on projects with minimal supervision.
• Teamwork: Being able to collaborate effectively with other team members and departments.
• Adaptability: Flexibility to adapt to new challenges, methodologies, and technologies.

Certifications

Certifications can be beneficial depending on the specific role and industry, such as Chartered Financial Analyst or Professional Certificate Course In Data Analytics .

The career path for a Research Analyst can be both rewarding and varied, offering numerous opportunities for advancement and specialization. Here’s a general overview of the career trajectory, from entry-level positions to senior roles, and potential avenues for further specialization:

Entry-Level Positions

• Junior Research Analyst: This role starts by assisting senior analysts in data collection, preliminary analysis, and report preparation. It is a learning ground for mastering analytical tools and methodologies.
• Data Analyst: Focuses on manipulating and analyzing data sets to support business decisions. Requires strong technical skills in data management and analysis software.

Mid-Level Positions

• Research Analyst: With experience, analysts take on more complex projects, develop specialized knowledge in certain sectors or methodologies, and are responsible for entire research projects from start to finish.
• Senior Research Analyst: This position leads research projects, manages junior analysts, and is key in decision-making processes. Senior analysts often have specialized knowledge in specific industries or types of analysis.

Advanced Positions

• Lead Analyst/Research Manager: Oversees the research department or teams, setting research goals and strategies and ensuring output quality. Involves strategic planning and often direct interaction with senior management or clients.
• Director of Research: At this level, the role involves more strategic oversight, resource allocation, and integration of research findings into the broader organizational strategy. It may also involve influencing policy or strategic direction based on research insights.

Specialization Opportunities

• Industry Specialist: Becoming an expert in a specific industry (e.g., finance, healthcare, technology) allows analysts to provide deeper insights and more targeted analysis.
• Methodology Expert: Specializing in certain research methodologies or types of analysis , such as qualitative research, econometrics, or data visualization.
• Consultant: Many experienced analysts move into consulting roles to offer their expertise to businesses on a project basis.

Transitioning Roles

• Moving into Executive Management: With substantial experience and a track record of impactful analysis, some research analysts transition into executive roles, such as Chief Information Officer (CIO) or Chief Strategy Officer (CSO), where they can shape company strategy based on data-driven insights.
• Teaching and Academia: Some choose to share their knowledge through teaching at universities or engaging in academic research.

Becoming a Research Analyst involves a combination of education, skills development, and gaining relevant experience. Here is a step-by-step guide to start and advance in a career as a Research Analyst:

1. Obtain the Necessary Education

• Bachelor’s Degree: Earn a bachelor's degree in a relevant field such as economics, finance, statistics, mathematics, business administration, or a related area. This is the minimum educational requirement.
• Consider a Master’s Degree: For more advanced positions or to specialize in a particular area, consider obtaining a master’s degree in your field of interest.

2. Develop Essential Skills

• Analytical Skills: Gain proficiency in analyzing data and extracting meaningful insights.
• Technical Skills: Learn to use statistical software (e.g., SPSS, SAS, R, Python) and database management tools. Become proficient in Excel.
• Critical Thinking: Practice critical thinking to assess information objectively and solve problems.

3. Gain Relevant Experience

• Internships: Look for research or data analysis internships to gain practical experience.
• Entry-Level Positions: Apply for entry-level positions such as Junior Research Analyst or Data Analyst to gain hands-on experience.

4. Build a Portfolio

Showcase Your Work: Assemble a portfolio of your research projects, analyses, and reports. Include any relevant coursework, projects from internships, or freelance work.

5. Obtain Certifications

Certifications: Depending on your field, consider obtaining certifications to demonstrate your expertise and commitment to the profession.

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6. Network and Seek Mentorship

• Professional Networking: Join professional organizations, attend industry conferences, and connect with professionals in your field through LinkedIn.
• Mentorship: Seek mentors who can provide guidance, advice, and opportunities to advance your career.

7. Apply for Jobs and Advance Your Career

• Job Search: Use job boards, LinkedIn, and your professional network to find research analyst positions.
• Continuous Development: As you gain experience, continue seeking learning and professional development opportunities to advance to higher-level positions.

8. Consider Specialization

Specialize: Certain areas or industries may be particularly interesting or rewarding over time. Specializing in a niche can make you a highly sought-after expert.

A Research Analyst needs a blend of technical, analytical, and soft skills to succeed. Here's a comprehensive list of skills that are essential for Research Analysts:

• Statistical Analysis: Proficiency in using statistical methods to analyze data.
• Data Management: Ability to manage and manipulate large datasets.
• Software Proficiency: Familiarity with statistical software (e.g., SPSS, SAS, R) and programming languages (e.g., Python, R) for data analysis.
• Database Management: Understanding database systems and query languages (e.g., SQL).
• Excel Skills: Advanced competency in Excel for data analysis and visualization.
• Data Visualization: Skill in creating graphs, charts, and other visual representations of data using tools like Tableau or Power BI.
• Survey Design and Analysis: Ability to design surveys and analyze survey data.
• Critical Thinking: Analyze and evaluate an issue to form a judgment.
• Problem-solving: The ability to discern intricate issues, analyze relevant information, formulate potential solutions, and execute effective resolutions.
• Quantitative Analysis: Proficiency in applying quantitative techniques to solve business problems.
• Report Writing: Ability to write clear and informative research reports.
• Verbal Communication: Skills in presenting findings and insights to technical and non-technical audiences.
• Listening Skills: Ability to understand and incorporate feedback and requirements from stakeholders.

Soft Skills

• Attention to Detail: Precision in data analysis and reporting.
• Adaptability: Flexibility to adjust to new data, trends, and technologies.
• Teamwork and Collaboration: Ability to work well with others across different departments and disciplines.
• Ethical Judgement: Maintaining integrity and confidentiality of data.

Research Skills

• Methodology Knowledge: Understanding of various research methodologies and when to apply them.
• Industry Knowledge: Specialized knowledge of specific industries relevant to the role.

Research Analyst salaries vary depending on the country, the specific industry, level of experience, and educational background.

United States

Average Annual Salary: Approximately $60,000 to $70,000

Average Annual Salary: Approximately CAD 57,000 to CAD 65,000

United Kingdom

Average Annual Salary: Approximately £30,000 to £40,000

Average Annual Salary: Approximately AUD 70,000 to AUD 80,000

Average Annual Salary: Approximately €50,000 to €60,000

Average Annual Salary: Approximately ₹4,00,000 to ₹7,00,000

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The job outlook for Research Analysts is generally positive, with several factors contributing to steady demand across various industries. This outlook can vary by specialization, such as market research, financial analysis, or data analysis, but overarching trends support growth in these roles. Key factors influencing the job outlook include:

Increasing Data Availability

The explosion of data in the digital age has significantly increased the need for skilled professionals who can interpret this information. Businesses and organizations across sectors rely on data to make informed decisions, driving demand for Research Analysts.

Technological Advancements

Advancements in technology, especially in data collection , storage, and analysis tools, have made data more accessible and easier to analyze. This has increased the need for analysts who can use these technologies effectively.

Decision-making Based on Data

There is a growing recognition of the importance of data-driven decision-making in enhancing business efficiency, competitiveness, and innovation. This emphasizes the role of Research Analysts in providing insights and recommendations.

Specialized Fields

Certain fields, such as healthcare, finance, and technology, demand particularly strongly for Research Analysts. For instance, the healthcare industry requires analysts to interpret patient care, treatment outcomes, and operational efficiency data. At the same time, the finance sector relies on analysts for market trends, investment opportunities, and risk management.

Globalization

The global nature of business today means that companies often require analysts who understand international markets and can analyze data from diverse sources. This can lead to opportunities for analysts with language skills and international experience.

Job Market Projections

• The U.S. Bureau of Labor Statistics states that employment for market research analysts will grow 18% from 2019 to 2029.
• Similar projections suggest robust growth for data science and analytics roles, reflecting the broader demand for data expertise.

Cracking a Research Analyst interview requires demonstrating your analytical skills, showcasing your knowledge of the industry and research methodologies, and communicating effectively. Here are strategies and tips to prepare for and succeed in a Research Analyst interview:

1. Understand the Job Description

Match Skills and Qualifications: Carefully read the Research Analyst job description to understand the required skills, tools, and qualifications. Tailor your responses to highlight your experience with these aspects.

2. Brush Up on Your Technical Skills

• Software and Tools: Be prepared to discuss your proficiency with statistical software (e.g., SPSS, SAS, R, Python), databases, and data visualization tools (e.g., Tableau, Power BI).
• Statistical Knowledge: Refresh your knowledge of statistical methods, data analysis techniques, and when to use them.

3. Prepare Your Portfolio

Bring a portfolio of your work, such as research reports, analyses, or data visualizations, demonstrating your skills and impact.

4. Practice Common Interview Questions

• Technical Questions: Be ready to answer questions on statistical methods, data analysis processes, and how you approach complex research problems.
• Behavioral Questions: Prepare examples demonstrating your problem-solving skills, ability to work under pressure, teamwork, and adaptability. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

5. Stay Informed About the Industry

• Current Trends: Be aware of the latest trends in the industry relevant to the role. This could include new data analysis techniques, software tools, or industry-specific challenges.
• Company Research: Research the company, its products or services, competitors, and position in the industry and be prepared to discuss how your skills can help address their challenges.

6. Ask Insightful Questions

Prepare thoughtful questions about the role, team, company culture, or specific projects you might work on. This shows your interest and enthusiasm for the position.

7. Communicate Clearly and Confidently

Be able to explain complex analysis or research findings in simple terms. This demonstrates your ability to communicate with stakeholders needing a technical background.

8. Highlight Your Soft Skills

• Team Collaboration: Share examples of how you've worked effectively in teams, especially in cross-functional teams.
• Time Management: Discuss how you prioritize tasks and manage deadlines, especially when managing multiple projects.

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The role of a Research Analyst in 2024 is more vital than ever, bridging the gap between vast data sets and actionable insights. As organizations navigate digital complexities, the demand for skilled analysts capable of deciphering data to guide strategic decisions will only escalate.

For those inspired by the potential of this dynamic field and seeking to advance their skills or pivot their career path, the Data Analyst Masters course offered by Simplilearn emerges as a compelling option. This program will equip you with the necessary tools, techniques, and knowledge to excel in data analysis.

1. What are the best degrees for becoming a research analyst? 

Economics, statistics, business administration, finance, and computer science are the most advantageous degrees for aspiring research analysts. These fields provide a strong foundation in analytical skills, critical thinking, and data interpretation, which are crucial for effectively analyzing market trends, consumer behavior, and financial data.

2. How important is programming knowledge for a research analyst?

Programming knowledge is increasingly important for research analysts, especially skills in languages such as Python, R, and SQL. These tools are essential for data manipulation, analysis, and visualization, enabling analysts to handle large datasets efficiently and derive insights more effectively. While not all roles require deep programming expertise, a fundamental understanding is beneficial.

3. Can you transition into a research analyst role from a different field? 

Yes, it's possible to transition into a research analyst role from different fields, especially if you possess strong analytical skills, are proficient in data analysis tools, and have a knack for problem-solving. Additional qualifications, such as relevant certifications or courses in data analysis, statistics, or the specific industry of interest, can facilitate this transition.

4. What is the difference between a research analyst and a data analyst? 

Research analysts focus more on qualitative analysis, market trends, consumer behavior, and industry-specific research. On the other hand, data analysts are more involved in quantitative analysis, working primarily with numerical data, statistical models, and predictive analytics to inform business decisions. The roles may overlap but cater to different aspects of data and research.

5. How do research analysts stay current with industry trends?

Research analysts stay current by continuously monitoring industry reports, publications, and news, attending relevant conferences and webinars, participating in professional networks and forums, and undergoing regular training and certification programs. Staying informed about advancements in analysis tools and methodologies is also crucial to adapt to the evolving demands of the role.

Data Science & Business Analytics Courses Duration and Fees

Data Science & Business Analytics programs typically range from a few weeks to several months, with fees varying based on program and institution.

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How to Become a Research Analyst

Market research and statistical data are important tools for companies today. This is because they help businesses make informed decisions. Research analysts are professionals employed to derive actionable data from market research. These experts have become indispensable in many organizations. 

There are many reasons why you should explore how to become a research analyst. For instance, these professionals are paid well above the national average. The demand for professionals offering related services is also expected to increase over the next decade. Read on to find out how you can become a research analyst.

What Is a Research Analyst?

A research analyst is responsible for preparing market reports from data collection and analysis to allow stakeholders to make informed decisions. These reports are compiled from research, analysis, and interpretation of data involving markets, economies, customers, and finance.

The main role of a research analyst is to study previous and existing market conditions to derive actionable insights to be used in formulating strategies for the future. Most of these professionals work in management, finance, insurance, and wholesale trade companies. 

Research Analyst Job Description

A research analyst’s job involves transforming raw data into actionable insights on behalf of a company or organization. They conduct research and examine historical data from various sources. They also validate data to ensure its accuracy. 

Using mathematical and statistical models, these professionals analyze data to find patterns that might reveal business opportunities. After the analytical process, they compile their findings in reports and presentations to facilitate decision-making by stakeholders. Because the job pays well and requires little interaction with clients, we consider the research analyst position to be one of the best non-customer-facing jobs .

Research Analyst Salary and Job Outlook

The job outlook for research analysts is fairly promising. The US Bureau of Labor Statistics (BLS) estimates that the job prospects for market research analysts will improve by 22 percent over the next decade as demand for related services increases. This means that you are likely to enjoy many employment opportunities in this role. 

These opportunities also come with respectable salaries. According to BLS, the median salary for market research analysts is $65,810 per year. This figure is high considering the national average salary for all occupations is about $56,310 . 

Top Reasons to Become a Research Analyst in 2021

There are plenty of reasons why you should consider pursuing a career as a research analyst. Apart from increased demand, pursuing a career in this field means you can enjoy reasonably high salaries, better than the national average. Here are more reasons why you should consider a career as a research analyst.  

• A research career can be rewarding. There is a lot of job satisfaction that comes with using analytics to help businesses take advantage of market opportunities.
• Research analysis is a diverse field with numerous opportunities. Research is a broad field that cuts across several disciplines including arts, humanities, engineering, and life sciences. This means that you will have many employment opportunities. 
• This field has many talented workers to help expand your network. These professionals have many opportunities to expand their professional networks and improve their overall career development. 
• Little experience is required for entry-level positions.  According to a recent survey on Glassdoor, about 48 percent of research analyst jobs require less than a year of job experience . It is possible to complete your training and land a full-time job with little to no work experience. 

Research Analyst Job Requirements

A research analyst’s job requirements vary across different industries and organizations. However, you need strong math and statistical skills to work in related positions. Below are a few standard job requirements for research analysts. 

• Bachelor’s or master’s degree in a related discipline. Most employers prefer hiring candidates with a Bachelor’s Degree in Statistics , Math, or a related discipline. Senior positions may require a master’s degree. 
• Experience. Most entry-level positions do not require candidates to have experience. However, mid-level or senior positions may require a minimum of two to four years of experience in conducting research. 
• Strong analytical and critical thinking skills. The ability to conduct financial analysis and build predictive models is essential. Additionally, critical thinking comes in handy when evaluating and interpreting data from various sources. 
• Excellent presentation skills. These skills are important because an effective analyst is someone who can present their findings in a way that effectively communicates the message to stakeholders.

Types of Research Analyst Careers

The versatility of this field means that there are several types of research analyst careers. These professionals can work in many sectors, including healthcare, technology, marketing, finance, government, and management, among others. Consider the following research analyst job titles. 

Market Research Analyst

Market research analyst jobs involve studying market conditions to determine potential sales of a product or service. These analysts conduct market research and gather information on past and present market conditions. This data is used to create marketing strategies for the future.

Financial Analyst

Financial analysts often work for banks or insurance companies. As an important cog in the investment industry, they draw insights from financial data and send their reports to investment firms. They examine bonds, stocks, securities, and other financial instruments to help businesses make informed decisions about spending money to make a profit. 

The best way to be successful in this finance career is by passing the three-part Chartered Financial Analyst (CFA) exam from the CFA Institute. 

Operations Research Analyst

To become an operations analyst , you need advanced skills in math and statistics. Like market research analysts, operations research analysts gather and interpret data to solve complex issues that arise in business operations. This helps businesses be better prepared for the future. 

Research Analyst Meaning: What Does a Research Analyst Do?

A research analyst is principally responsible for research, data collection, interpretation, and making recommendations based on research findings. Their job duties vary, but it all boils down to processing raw data and generating actionable business insights. Below are a few typical duties of a research analyst. 

Leads Data Research

These professionals must conduct research, which involves evaluating data from various sources. These might include internal databases, historical sources, and consumer reports. They also validate the accuracy of the data to provide meaningful and credible information.

Analyzes Raw Data

Research analysts use statistical and mathematical modeling to derive patterns that may reveal business opportunities. These experts must be able to analyze raw and processed data. 

Presents and Interprets Data 

Presenting data is often done through reports and presentations, which provide insights. The purpose of a typical report is to interpret data and explain it to stakeholders from a business perspective. 

Essential Research Analyst Skills

Research analysts require several hard and soft skills to excel in their jobs. Although these skills might vary with the seniority of the job, these professionals work with numbers and raw data to provide actionable insights. Below are a few essential research analyst skills and competencies. 

Mathematical and Statistical Skills

These skills are important as they help with the bulk of the work. As a research analyst, you need to be able to work with data using several statistical and mathematical models. 

Research, Fact-Checking, and Validation Skills

These skills come in handy when validating data and its sources. If the information lacks accuracy and credibility, the results of the analysis will be meaningless. 

Communication, Presentation, and Writing Skills

Communication skills are essential when presenting and interpreting the findings from data collection and analysis. 

How Long Does It Take to Become a Research Analyst?

It will take you about four to seven years to become a research analyst. Most related positions require candidates to have a bachelor's degree . However, some positions might require more advanced education, such as a master’s degree, which takes two to three years to complete. 

Can a Coding Bootcamp Help Me Become a Research Analyst?

Yes, a coding bootcamp can help you become a research analyst. Many top coding bootcamps offer data analytics programs and other related courses in addition to programming courses. Many professionals who seek an alternative to a university education enroll in a coding bootcamp that offers programs in data analytics.

Such coding bootcamps are worth it , considering the reasonably lower cost of education and time needed to complete these programs. Besides, most of these schools offer career placement services, which help in building job experience.  For such reasons, consider enrolling in one of the best data analytics bootcamps . 

Can I Become a Research Analyst from Home?

Yes, you can study to become a research analyst from home, either by taking the best data analytics courses online, enrolling in an online bootcamp, or finding an online degree program. As long as the program you find is available in your area and well-reviewed, you can learn research analysis a few hours at a time, in between other tasks. 

How to Become a Research Analyst: A Step-by-Step Guide

There are several paths to becoming a successful research analyst. The best one is by completing a bachelor’s or master’s degree in a related field. Work experience may also be necessary for higher-level positions. In addition, you can earn relevant certifications such as the Certified Research Analyst (CRA) to increase your marketability.

Consider the following steps to become a research analyst. 

Step 1: Earn a Degree in a Relevant Field

You should consider earning a Bachelor’s or Master’s Degree in Marketing, Math, Statistics, Business Administration, Data Science, or Market Research. Most research analyst positions require candidates to have a degree in one of these fields.

Step 2: Increase Work Experience

Employers prefer hiring professionals with job experience. For this reason, consider internship programs or entry-level research analyst roles to prepare you for mid-level or senior job opportunities.

Step 3: Advance Your Education Through Certifications

Passing certification exams enables you to join an elite group of professionals who have demonstrated excellent research skills. This significantly increases your marketability, meaning you’ll be able to land research analyst positions that offer higher than average market salaries. 

Best Schools and Education for a Research Analyst Career

Several education paths and schools can set you on a path to becoming a research analyst. The best education program for these professionals is a bachelor’s degree. However, there are other options available. We have listed these education paths below. 

Research Analyst Bootcamps

Coding bootcamps offer programming-related courses designed to help you launch your tech career. Many of these schools also offer programs in statistics, data analytics, and other related fields for aspiring research analysts. Such bootcamps include Thinkful , Le Wagon, General Assembly, Ironhack, and Coding Dojo. 

Vocational School

Vocational schools offer training programs designed to equip students with skills to work in a specific trade. Unfortunately, there are few schools offering research analysis programs because this is a technical field typically associated with academic institutions of higher education.  

Community College

A community college is an educational institution that confers associate degrees . An associate degree will enable you to join a four-year program at a university. However, you can also use this degree to pursue entry-level opportunities. Many of the best community colleges in the United States offer data analytics programs. 

Research Analyst Degrees

The best way to become a research analyst is by earning a Bachelor’s or Master’s Degree in Business Administration, Math, Statistics, or a related field. Employers typically prefer candidates with undergraduate degrees from universities, whether that be a prestigious private university like Harvard or a respected state college like Penn State. 

The Most Important Research Analyst Certifications

Certifications are a great way to pick up new skills while proving your proficiency. Certifications look amazing on a research analyst resume, enabling you to impress your future employer and land jobs with better salaries. Below are important research analyst certifications you should consider. 

Certified Research Analyst (CRA)

This certification is ideal especially for new research analysts looking to launch their careers because it is designed for those with no experience. It covers everything you need to know about market research and the tools used. This certificate costs about $530.

Certified Research Expert (CRE)

This certification includes online training for professionals looking to distinguish themselves as market research specialists. However, you need to have a year's worth of experience before enrolling in this program. It costs about $600.

How to Prepare for Your Research Analyst Job Interview

Technical interviews can be tricky, especially without proper preparation. However, going through interview questions is a great way to get ready for your interview.

Below are some sample questions that you should review when preparing for your research analyst job interview. 

Research Analyst Job Interview Practice Questions

• How would you begin a newly assigned research project? 
• There are five people in a given room. Each chooses a random number from one to ten. What is the probability that three or more people have the exact same number?
• How do you ensure a research analysis project is delivered on time? 
• Describe the most challenging project that you’ve worked on.

Should I Become a Research Analyst in 2021?

Yes, you should consider a career as a research analyst, especially if you have strong math, statistics, and analytical skills . The job outlook for these professionals is promising, with the job demand set to increase over the next decade. You will have a wide range of employment opportunities and a higher-than-average annual salary to look forward to.

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Research Analyst Roles and Job Description

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Research analysts are known as data crunchers. They’re skilled in gathering, analyzing and working with data to improve efficiency, profitability and savings for companies and organizations in many industries. They’re also effective communicators; they present the data in an understandable format for business decision-makers.

Simply put, data is at the core of research analyst roles and responsibilities.

Why is data so vital today?

A look at some revealing statistics about data usage worldwide can provide some perspective on the growing importance of data:

• The world created 41 zettabytes of data in 2019, according to a Statista report; 1 ZB is about a trillion gigabytes.
• Worldwide, the number of bytes, a unit of measure for data, is 40 times higher than that of the stars in the universe, according to the World Economic Forum.
• Seagate reports that by 2025, the world will have created 175 ZB of data.

These statistics provide a glimpse of how data is embedded into the fabric of modern society. Data is critical to business success, too. The ability to harness its power provides businesses with competitive advantages.

A look at the most valuable brands in the world reveals how data has transformed global commerce. According to Visual Capitalist, the top-four most valuable brands include the following:

• Amazon, valued at $220 billion
• Google, valued at $160 billion
• Apple, valued at $140 billion
• Microsoft, valued at $117 billion

A common thread among these companies is that data is foundational to their businesses. These companies are the most active and largest hyperscale data center companies in the world, each investing upwards of $1 billion for a single data center campus, according to Data Center Frontier. Hyperscale data centers are massive facilities full of racks, technology and equipment that house the very data that drives the digital transformation of commerce and society.

The digital transformation, also known as digitization, represents unprecedented opportunities for businesses. By acquiring essential insights from data, companies can improve their products and services. They can also change how they operate and interact with customers, contributing to a healthier bottom line. There’s even a catchphrase used to describe the growing influence of data in the business world — “data is the new oil.”

The metaphor speaks to data’s role in transforming society and the global economy. Still, there are clear differences between oil and data. For one, oil is a natural resource requiring extraction, a process that makes up to 57 percent of costs incurred for oil and gas producers, according to Towards Data Science. Extracting data isn’t nearly as costly. However, like oil, data must be refined so that it can add value to businesses. A vital part of research analyst roles and responsibilities, processing data is essential to uncovering its value to businesses.

How do research analysts extract value from data? Expanding on the metaphor, oil refineries process crude oil through an industrial process to make useful products, such as gasoline, plastics and jet fuel. For raw data to be processed, it requires human ingenuity and technology, such as Python, R and SQL programming languages. Part of the research analyst’s toolkit is to use quantitative modeling and data-mining methods and tools to reveal the business value in data.

Ninety-four percent of enterprises consider data and analytics critical for business growth and digital transformation, according to a recent Forbes article. Businesses understand the critical role data plays in ensuring their success, so they invest in people and technology to collect more of it from the Internet, databases, search engines, social networks, mobile phones and smart devices. These trends are creating new career opportunities for individuals interested in using their analytical, technical and business skills and advancing their education to help companies and organizations improve their products, operations and effectiveness.

What Is a Research Analyst?

Research analysts are professionals who work with data in both private and public organizations. Data in and of itself has no intrinsic value until a data analytics professional, such as a research analyst, makes sense of it. They put data to good use for business purposes, such as identifying sales opportunities or market trends.

Research analysts understand the strategic value of different types of data, including unstructured data and big data. Their expertise in collecting, analyzing and translating data into valuable insights offer businesses a competitive advantage in the marketplace. A research analyst’s role is critical to helping organizations reach their business aims, including improved efficiency and operational performance.

What Does a Research Analyst Do?

Research analyst roles and responsibilities include a host of activities to transform raw data into valuable business insights. The following activities are typical for research analyst roles:

• When research analysts conduct research, they look at historical data from various sources, including internal databases, such as financial, accounting and sales systems. At this point, the data is typically in raw form. Research analysts examine and validate the accuracy of the data to ensure that it produces meaningful information.
• Analyze data. Upon collecting the data, research analysts use mathematical, statistical and analytical models to find patterns that may reveal business opportunities. For example, the data may uncover a fundamental flaw in how a company interacts with its customers, creating negative experiences. With the data in hand, research analysts help develop potential solutions to improve the ways the company interacts with its customers, opening opportunities for additional sales.
• Present data. Research analyst roles and responsibilities include compiling information drawn from the data to help managers see the business value. Research analysts prepare communications, such as reports and presentations, to provide insights on what the data reveals to facilitate decision-making.
• Interpret data. In meetings and during conference calls, research analysts interpret data, demonstrate what they’ve learned and explain its value from a business perspective.

In addition to these activities, research analysts design methods and strategies to capture, store and manage data. They also help implement analytics tools, a driving force behind the growth of the data and business analytics industry. According to IDC, it’s valued at around $189 billion as of 2019 and projected to grow by double-digits through 2022.

This tool selection process typically involves determining which technologies best fit the needs of the business. Popular open-source tools include BIRT, Matomo, OmniSci and Apache Zeppelin. In determining the best tools, research analysts often have to work closely with technology vendors and other stakeholders. Other important elements of the job include ensuring the effective management, protection and governance of data, working together with data security experts.

Research Analyst Skills and Education

Research analyst roles and responsibilities vary across different organizations and sectors, but at a minimum, strong math and statistics skills are required. Through sophisticated data-driven mathematical models, analysts derive useful information to help achieve business goals, from improving performance to cutting costs.

Still, research analysts do more than work with numbers and raw data all day. They also interact with other analysts and share their findings with business decision-makers through presentations, face-to-face meetings and reports.

The following is a sampling of research analysts’ essential competencies and skills:

• Mathematics and statistics skills  to work with the data and develop models
• Ability to recognize patterns  to find useful information in the data that’s sometimes unstructured
• Research, fact-checking and validation skills  to ensure valid data sources and verify accuracy
• Analytical and critical thinking skills  to find value and understand what’s in the data
• Communication, presentation and writing skills  to present findings derived from the data
• Financial skills  to calculate the financial performance of companies, especially in accounting and finance operations
• Focus and organization  to work on multiple tasks and projects
• Interpersonal skills  to build relationships with teams from other departments
• Knowledge of the company’s business  to understand customer behavior and market trends relevant to the company’s industry
• Technology skills  to work with various research, data analytics, modeling and predictive tools, as well as business productivity software
• Forecasting  to determine future trends, often presented in charts, infographics and other visual aids
• Problem-solving  to address the challenges of data collection and analysis, as well as help guide decision-makers toward solutions that resolve issues revealed in the data

Research analysts typically have bachelor’s degrees in a business-related field. However, depending on the industry, a master’s degree may add value to their career prospects, especially if they’re aiming for senior research analyst roles. Because research analysts work across many industries, formal education or experience relevant to the sector they work in may offer additional advantages for advancement. For example, a research analyst working in the oil and gas industry could benefit from knowledge about energy and climate policy.

Research Analyst Careers

The versatility of the role means that there are various types of research analyst careers available. Research analysts can work in technology, marketing, health care, finance, government finance, public policy, management consulting, aviation and other industries.

Job titles for research analysts can vary based on the industries of their employers. For example, research analysts working in an investment bank, a financial institution, a securities firm or an insurance company might be called investment analysts, financial analysts, securities analysts or insurance analysts. In financial organizations, the work of financial analysts involves examining, collecting and interpreting financial information to help make business decisions. Market research analysts and operations research analysts are also popular careers.

Market Research Analyst Career Path

Businesses want to understand who their customers are, what they need and their preferred method of buying. Market research analysts help them get a better picture of their customers through data. Market research analysts work for various types of organizations, examining market conditions and helping determine opportunities to grow sales of products or services.

Competitor researching, price analysis, and investigating sales and marketing processes enable market research analysts to provide critical business information that provides competitive advantages. Market research analysts use their knowledge about customer behavior to explain the benefits and shortcomings of their employers’ products or services. For example, they can present the data that shows what customers are buying and at what price.

This type of information is useful for companies to align their product and service offerings with consumer preferences. Data from market research analysts also helps marketing directors determine appropriate marketing, sales and content strategies.

On a typical day, market research analyst roles and responsibilities include the following:

• Gathering and analyzing data on market trends and consumer demographics, customer needs, and people’s buying habits to create forecasts and help optimize marketing efforts
• Using a combination of traditional methods, such as focus groups and questionnaires, statistical techniques, modeling and analytics software
• Interpreting findings to determine pricing strategies, forecast future trends, and help develop targeted marketing strategies and tactics
• Assessing the impact and performance of marketing programs and strategies and working with sales and marketing teams to develop solutions
• Creating tables, graphs, reports and presentations to present their findings to senior managers and clients
• Collecting and analyzing data on demographics, customer preferences, market needs and consumer buying habits
• Developing and refining processes for data collection and analysis

Market research analysts are in high demand; the U.S. Bureau of Labor Statistics (BLS) projects the field to grow by 20 percent between 2018 and 2028. Entry-level candidates typically have a bachelor’s degree in market research, business administration, statistics, math, communications or computer science. A master’s degree may create opportunities to advance to an organization’s highest levels.

Many market research analysts begin as field researchers for market research agencies. Then, they progress to serve in client-facing roles and project management roles. However, career paths in market research aren’t always straightforward, thanks to the many specialized disciplines available: technology, marketing and big data, to name a few.

The BLS reports a median annual salary of $63,790 for market research analysts in 2019. According to U.S. News & World Report , market research analyst is ranked No. 8 in the Best Business Jobs category. The position is also given a high ranking for advancement and salary by professionals in the field.

Operations Research Analyst Career Path

Operations research analysts are problem-solvers. Organizations turn to operations research analysts for critical decisions that can affect the success of their operations. Operations research analysts can help corporations, manufacturing firms, airlines, technology companies, government agencies, and other businesses and organizations. They work with business leaders to tackle problems that lead to reduced operational costs, improved efficiency and increased profitability.

At an airline, for example, an operations research analyst might look into the shipping operation of an airline to help improve logistics. Logistics describes management of the flow of resources, equipment, people and supplies between different facilities or destinations.

At a food and beverage manufacturer, an analyst might investigate whether the materials or processes used in the production of goods indicate patterns of waste. The analyst can identify areas where improvements can generate more products more efficiently and achieve cost-savings for both the company and its customers.

Operations research analysts uncover value from data that can lead to improvements in the productivity of processes, machines and people. Research analysts can also leverage data to help:

• Improve interactions with consumers to meet growing demands for better and faster service
• Accelerate manufacturing and distribution to ensure the availability of products
• Ensure accuracy in operating processes and machines to minimize errors, which can be costly

Thanks to operations research analysts and their skill in applying mathematical models and statistical analysis and the use of sophisticated data analytics tools, organizations can address the pressing challenges created by a global marketplace.

On a typical day, operations research analyst roles and responsibilities include the following:

• Identifying opportunities to help organizations operate more efficiently and lower costs
• Developing models to ensure sufficient inventory to meet market demands
• Using optimization and data mining tools, conducting statistical analysis, and developing mathematical models
• Advising business leaders on the costs and benefits of taking a course of action
• Collecting data from various sources, including internally from workers with specialized knowledge or who experience an issue needing a solution
• Examining data and running simulations to identify patterns that may reveal future trends

The path to becoming an operations research analyst begins with education. Entry-level candidates typically have a bachelor’s degree in business, math or engineering. A master’s degree may create opportunities to advance to the highest levels. Many begin their careers as analysts, then progress to become senior analysts or directors of a team or department.

The BLS reports a median annual salary of $84,810 for operations research analysts in 2019. U.S. News & World Report ranks operations research analyst No. 4 in the Best Business Jobs category, with above average advancement and salary reported by professionals in the field. The demand for operations researchers is expected to increase dramatically, according to the BLS, with 26 percent growth projected between 2018 and 2028.

Embark on a Career in Research Analytics

Employers are looking for knowledgeable research analysts to help solve complex problems and make better business decisions. For individuals seeking roles in operations research or market research, honing their research, analytical, technology and mathematical skills can help garner the attention of these employers. Explore how the online Master of Science in Business Analytics program offered by the Robert H. Smith School of Business at the University of Maryland can prepare you for a successful career as a research analyst.

Recommended Readings

Data Mining in Business: Skills and Competencies Needed to Succeed

6 Data Analyst Skills for the Modern Marketer to Master

Comparing Analytics Careers: Business Analyst vs. Data Analyst

American Marketing Association, “Market Research: The Entry-Level Job You Should Take”

Data Center Frontier, “Reshaping the Global IT Landscape: The Impact of Hyperscale Data Centers”

Forbes , “The Global State Of Enterprise Analytics, 2020”

Houston Chronicle , “Careers as a Research Analyst”

Houston Chronicle , “The Top Skills for a Research Analyst”

Informs, FAQs About O.R. & Analytics

Investopedia, “Financial Analyst vs. Research Analyst: What’s the Difference?”

Investopedia, “Research Analyst”

Medium, “Market Research: the Entry-Level Job You Should Take”

MicroStrategy, Business Analytics: Everything You Need to Know

ONet OnLine, Market Research Analysts and Marketing Specialists

ONet OnLine, Operations Research Analysts

PayScale, Average Research Analyst Salary

Seagate, Data Age 2025

Statista, Volume of Data/Information Created Worldwide From 2010 to 2025

Towards Data Science, “Data Is Not the New Oil”

U.S. Bureau of Labor Statistics, Market Research Analysts

U.S. Bureau of Labor Statistics, Operations Research Analysts

U.S. News & World Report , Market Research Analyst

U.S. News & World Report , Operations Research Analyst

Visual Capitalist, “Ranked: The Most Valuable Brands in the World”

World Economic Forum, “How Much Data Is Generated Each Day?”

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