Role of a Research Analyst

Role of a Research Analyst

  • A research analyst is responsible for researching, analyzing, transforming and representing researched information related to company operations.
  • Do research for the company to get meaningful information from past data.
  • A bit of analysis on it.
  • Collecting information from data.
  • Work on data spreadsheets.
  • Reporting on the performance of the company.
  • Provide recommendations to improve company operations.
  • To keep eye on recommendations doing well.

Research Cycle

Skill Sets:

  • Excel skills
  • The ability to write well
  • Attention to detail
  • Strong mathematical and analytical skills.
  • Communication skills
  • Computer skills
  • Decision making and solving problems.
  • innovative thinking ability.

 

Educational Background

  • Research analysts are generally required to have at least a bachelor’s degree in business and economics, computer science, engineering, operations research and management science.
  • Though any specific professional degree is not required for research analysts but many earn graduate degrees to enhance their professional credentials.

Types of Research Analyst roles:

  • Operations Research Analyst
  • Market Research Analyst
  • Research or Industry Analyst
  • Economic Research Analyst
  • Equity Research Analyst

Industries Hiring Research Analyst:

  • The health care
  • Search engines
  • Social networks
  • IT/Software
  • Financial institutions
  • Engineering companies Oil industry
  • Retail
  • Telecom/Mobile analytics
  • Marketing agencies
  • Data science vendors
  • Environment, utilities government and defense
  • Manufacturing
  • BPO / KPO

They appear in all sectors

 

Salary Range:

Median

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