Research Analyst
Research and interpret data to provide insights on markets, business performance and strategies.
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Jobs in Jobstreet right nowSalary
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Typical monthly salaryJob growth
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In the last yearOn this page
- What's it like to be a Research Analyst?
- How to become a Research Analyst
- Latest Research Analyst jobs
- Top skills and experience for Research Analysts
What's it like to be a Research Analyst?
A Research Analyst often sifts through data and information to unearth insights and discoveries that can help organisations make informed decisions. The common responsibilities of a Research Analyst are to gather data, analyse information, validate the data and prepare reports that are presented to management. They work across a variety of industries, including finance, marketing, healthcare and public policy, often functioning as a key resource in identifying trends, evaluating risks and identifying potential strategies. Given their specialised role, they typically work within research teams, but may also interact closely with other departments and stakeholders. An eye for detail, strong analytical skills and keen knowledge in the industry of specialisation are skills often used as a Research Analyst.
Tasks and duties
- Gathering and organising data from primary and secondary sources.
- Implementing statistical analysis of collected data, utilising methodologies suitable to the fields or disciplines of study.
- Preparing clear, concise reports summarising research findings and presenting these findings to stakeholders.
- Utilising software and data management tools to maintain databases and ensure the integrity of data.
- Identifying trends, patterns and relationships in data, and developing forecasts based on these findings.
- Advising teams or organisations on the implications of research findings and how they can be applied to improve business operations or solve problems.
- Continually refining methodologies and processes to enhance the validity, reliability and accuracy of analytic results.
How to become a Research Analyst
You will need at least a four-year college degree in a relevant discipline to qualify as a Research Analyst. However, companies and fields that require high-level insight and strategy might prefer candidates with a master’s degree or doctorate.
- There's no single degree specifically for Research Analyst. However, the listed fields (Finance, Economics, Business Administration, Mathematics, Statistics) provide the necessary analytical thinking skills.
- Gaining experience through roles like Research Assistant is a great way to break into the field.
- Consider taking up a master’s degree or doctorate to boost your qualifications. Some industries may also prefer or require specific certifications. For example, financial companies would prefer a Certified Financial Analyst.
Compare your salary
Find out how your salary compares with the average salary for Research Analysts.Latest Research Analyst jobs on Jobstreet
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Skills and experience employers are looking for
Having the right skills and experience can make you an in-demand applicant. Research Analyst employers on Jobstreet are looking for job seekers with expertise in the following areas. Research Projects
Industrial Research
Design Research
Publication
Credit Analysis
Delivery Management
Financial Statements
Planning Skills
Financial Markets
Project Timeline
Financial Econometrics
Researching
Database Systems
Data Analysis
Project Planning
Valuation
Adaptability
Investments
Data Collection
Statistical Software
Source: Jobstreet job ads and Jobstreet Profile data
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