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Market Research Analyst Careers

Market Research Analyst Careers

Resume Sample » Career Guide » Marketing Sales And Advertising Careers » Market Research Analyst Careers

WORK ENVIRONMENT:-

Your job as a market research analyst will be to examine the statistics that have been gathered all through the market research surveys. This can be industrialized, consumer, political and social research commissioned by every types of patrons in the business, industry and government.

Your duties and responsibilities will include:

  • making proposals regarding how to perform the research
  • making sure that the information is being collected

  • giving suggestion to the researcher regarding the survey design and methodology
  • examining the information by making the use of statistical software techniques and programs
  • giving details about the results to the research executives
  • offering the findings in the course of written reports, meeting, tables and graphs
  • assisting the research executives in discovering the technique by which the clients can comprehend and use

Job designation can differ, for instance, you may be known as a statistician or data analyst or insight professional.

QUALIFICATION, EDUCATION AND EXPERIENCE:-

You will require a degree in statistics or an associated subject which comprise of statistics, like as in Business Studies, Mathematics or Economics. The large amount of helpful courses concentrates on the practical application of statistics.

To get through the statistic degree you will basically require minimum 5 GCSEs (A-C) plus 3 'A' Level which includes good grades in mathematics or equivalent qualifications. You will have to make a contact with the course provider to know more about the accurate entry requirements.

Most of the market research analysts have the Master Degree or PhD in Applied Statistics or Statistics. You might get it mainly helpful to take MSc if you need to specialize in the field like social or medical science statistics.

You can check the website of Royal Statistical Society (RSS) for catalog of degree and Masters Degree that they certify, and the Market Research Society website for information on Masters Degree that they certify.

You will find it helpful to have experience in advertising, research, data analysis or as a market research interviewer.

When searching for your first after graduation, you can begin as a junior analyst/statistician, possibly on a structured graduate training scheme presented by the superior companies. On the other hand, you can begin as a research assistant, and turn into the statistical work after obtaining more experience.

TRAINING DETAILS:-

You will mainly build up you skills and abilities on the job, and your employer might also give you an opportunity to join the training courses from the external organizations all through your profession. Your training might contain the possibility to obtain the qualification from the Market Research Society (MRS), like:

  • For experienced researcher: Diploma in Market and Social Research Practice
  • For researcher in the beginning of their career: Advanced Certification in Market and Social Research Practice

You can take the Advanced Certificate (full or part-time) from some training centers or universities or by distance learning. The Diploma is accessible by distance learning or part-time. Check the Marketing Research Analyst website for all the details.

You can also focus on the specialist short term courses from the organization like:

  • The Social Research Association (SRA)- presents 1 day courses in assorted research techniques
  • The Association for Qualitative Research (AQR)- presents the 3 days foundation courses for people fresh to qualitative research

You can become a Chartered Statistician with the Royal Statistical Society, after minimum 5 years experience as a market research analyst. The RSS also make available the programmers of specialized development for the members. Get in touch with RSS for more information.

SKILLS and KNOWLEDGE:-

  • good computer and mathematical skills
  • ability to make analysis and interpretation of statistics
  • innovative problem solving skills
  • excellent communication and presentation skills
  • accurateness and attention towards the details
  • good time management and organizational skills
  • aptitude to work under pressure

SALARY AND OTHER BENEFITS:-

  • Graduate preliminary salaries are around $ 23,000 every year.
  • With experience, salary can increase to between $ 25,000 and $ 35,000.
  • Salaries for superior posts can vary from $ 40,000 to $ 55,000.

WORKING CONDITIONS:-

You will basically be working during the standard office hours, i.e. from Monday to Friday, with intermittent overtime if needed to meet up with the deadlines of the projects.

The work is mainly based in the office, but you might have to travel sometimes to visit the clients.

DIFFERENT OPPORTUNITIES:-

You will be working for market research consultancy and agencies or a company's in-house market research department. You can get the job chances with social research bodies like Government Statistical Service.

Jobs might be publicized in the industry or national press, and by RSS, employment agencies or graduate recruitment websites.

If you are experienced, you can steps forward into management, or become self-employed market research consultant.

Here are sample of marketing analyst and sample of marketing director resume for excelling in your interested career.

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