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Become An Analyst Internship

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Working As An Analyst Internship

  • Analyzing Data or Information
  • Getting Information
  • Interacting With Computers
  • Interpreting the Meaning of Information for Others
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Make Decisions

  • $60,280

    Average Salary

What Does An Analyst Internship Do

Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.

Duties

Market research analysts typically do the following:

  • Monitor and forecast marketing and sales trends
  • Measure the effectiveness of marketing programs and strategies
  • Devise and evaluate methods for collecting data, such as surveys, questionnaires, and opinion polls
  • Gather data on consumers, competitors, and market conditions
  • Analyze data using statistical software
  • Convert complex data and findings into understandable tables, graphs, and written reports
  • Prepare reports and present results to clients and management

Market research analysts research and gather data to help a company market its products or services. They gather data on consumer demographics, preferences, needs, and buying habits. They collect data and information using a variety of methods, such as interviews, questionnaires, focus groups, market analysis surveys, public opinion polls, and literature reviews.

Analysts help determine a company’s position in the marketplace by researching their competitors and analyzing their prices, sales, and marketing methods. Using this information, they may determine potential markets, product demand, and pricing. Their knowledge of the targeted consumer enables them to develop advertising brochures and commercials, sales plans, and product promotions. 

Market research analysts evaluate data using statistical techniques and software. They must interpret what the data mean for their client, and they may forecast future trends. They often make charts, graphs, infographics, and other visual aids to present the results of their research. 

Workers who design and conduct surveys are known as survey researchers.

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How To Become An Analyst Internship

Most market research analysts need at least a bachelor’s degree. Top research positions may require a master’s degree. Strong math and analytical skills are essential. 

Education

Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, and computer science. Others have backgrounds in business administration, the social sciences, or communications.

Courses in statistics, research methods, and marketing are essential for these workers. Courses in communications and social sciences, such as economics or consumer behavior, are also important.

Some market research analyst jobs require a master’s degree. Several schools offer graduate programs in marketing research, but many analysts complete degrees in other fields, such as statistics and marketing, and/or earn a master’s degree in business administration (MBA). A master’s degree is often required for leadership positions or positions that perform more technical research. 

Licenses, Certifications, and Registrations

Certification is voluntary, but analysts may pursue certification to demonstrate a level of professional competency. The Marketing Research Association offers the Professional Researcher Certification (PRC) for market research analysts. Candidates qualify based on experience and knowledge; they must pass an exam, be a member of a professional organization, and have at least 3 years working in opinion and marketing research. Individuals must complete 20 hours of industry-related continuing education courses every 2 years to renew their certification.

Important Qualities

Analytical skills. Market research analysts must be able to understand large amounts of data and information. 

Communication skills. Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients. 

Critical-thinking skills. To determine what marketing strategy would work best for a company, market research analysts must assess all available information.

Detail oriented. Market research analysts must be detail oriented because they often do precise data analysis.

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Average Length of Employment
Staff Analyst 3.8 years
Operations Analyst 2.7 years
Analyst 2.4 years
Associate Analyst 2.4 years
Data Analyst 2.2 years
Market Analyst 2.1 years
Research Analyst 2.0 years
Assistant Analyst 1.9 years
Junior IS Analyst 1.5 years
Analyst Internship 1.0 years
Summer Analyst 0.2 years
Top Careers Before Analyst Internship
Internship 28.2%
Volunteer 5.2%
President 3.1%
Analyst 2.6%
Cashier 2.3%
Top Careers After Analyst Internship
Internship 13.9%
Analyst 8.2%
Consultant 6.6%
Associate 4.9%
Volunteer 3.1%

Do you work as an Analyst Internship?

Analyst Internship Demographics

Gender

Male

57.5%

Female

29.6%

Unknown

13.0%
Ethnicity

White

44.2%

Asian

30.4%

Hispanic or Latino

12.2%

Black or African American

8.8%

Unknown

4.4%
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Foreign Languages Spoken

Spanish

27.3%

Chinese

16.9%

Mandarin

15.7%

French

8.8%

Cantonese

4.2%

Japanese

4.0%

Arabic

3.5%

German

3.4%

Portuguese

3.0%

Hindi

2.8%

Italian

2.3%

Korean

2.0%

Russian

1.5%

Vietnamese

1.0%

Gujarati

1.0%

Urdu

0.7%

Polish

0.7%

Romanian

0.5%

Hebrew

0.5%

Bengali

0.4%
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Analyst Internship Education

Schools

Columbia University

6.5%

University of Texas at Austin

6.0%

University of Texas at Dallas

5.9%

Syracuse University

5.8%

Pennsylvania State University

5.8%

University of Connecticut

5.7%

New York University

5.4%

Brigham Young University

4.9%

DePaul University

4.9%

Johns Hopkins University

4.9%

George Washington University

4.8%

Cornell University

4.8%

Boston University

4.7%

Texas A&M University

4.6%

Fordham University

4.5%

University of Southern California

4.5%

Michigan State University

4.2%

Northeastern University

4.2%

George Mason University

3.9%

Duke University

3.9%
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Majors

Finance

22.9%

Business

17.4%

Economics

8.2%

Accounting

5.5%

Statistics

5.0%

Computer Science

4.5%

Information Technology

3.7%

Computer Information Systems

3.6%

Marketing

3.1%

Mathematics

3.1%

Management Science

2.9%

Management Information Systems

2.8%

Management

2.7%

Political Science

2.6%

Criminal Justice

2.6%

Information Systems

2.4%

Industrial Engineering

1.9%

Mechanical Engineering

1.9%

Supply Chain Management

1.8%

Psychology

1.6%
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Degrees

Bachelors

47.3%

Masters

39.3%

Other

7.1%

Doctorate

2.6%

Associate

1.9%

Certificate

1.6%

Diploma

0.2%
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Job type you want
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Real Analyst Internship Salaries

Job Title Company Location Start Date Salary
Investments Analyst Intern Yale University New Haven, CT Aug 15, 2011 $67,500
Intern Energy Analyst Frontier Associates LLC Austin, TX Sep 13, 2014 $58,427
Intern Energy Analyst Frontier Associates LLC Austin, TX Sep 12, 2014 $54,000
Intern Investment Analyst BCI Securities, Inc. Miami, FL Jan 12, 2015 $46,010
Intern Investment Analyst BCI Securities, Inc. Miami, FL Jan 01, 2016 $46,010
Intern Investment Analyst BCI Securities, Inc. Miami, FL Sep 26, 2015 $45,968

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Top Skills for An Analyst Internship

  1. Data Entry
  2. Portfolio
  3. SQL
You can check out examples of real life uses of top skills on resumes here:
  • Excelled at data entry/accounting responsibilities.
  • Trained in Portfolio Management that consisted of various applications of Active and Passive Strategies with additional usage of derivative instruments.
  • Maintained the commission database and generated historical commission analysis via Access and SQL inquiry.
  • Gathered and analyzed information to benchmark positions to maintain internal and external equity and made salary recommendation to management.
  • Supported financial manager with data accuracy checking and reporting Skills Used Financial book keeping, financial reports, financial data analysis

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