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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

  • $62,150

    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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Analyst Internship jobs

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Analyst Internship Career Paths

Analyst Internship
Technical Support Specialist Project Coordinator Marketing Specialist
Associate Marketing Manager
5 Yearsyrs
Operations Analyst Senior Analyst Marketing Manager
Brand Marketing Manager
7 Yearsyrs
Systems Analyst Information Technology Manager Director Of Information
Chief Information Officer
11 Yearsyrs
Research Associate Research Manager
Consumer Marketing Manager
6 Yearsyrs
Senior Analyst Senior Manager Senior Manager Of Marketing
Director Of Consumer Marketing
11 Yearsyrs
Data Analyst Senior Analyst Senior Manager
Director Of Information
10 Yearsyrs
Operations Analyst Operations Manager Marketing Director
Director, Global Marketing
12 Yearsyrs
Senior Analyst Research Manager Market Research Manager
Director, Market Research
10 Yearsyrs
Finance Analyst Senior Finance Analyst
Manager Finance Planning And Analysis
8 Yearsyrs
Data Analyst Business Analyst Product Manager
Marketing Director
7 Yearsyrs
Analyst Business Analyst Product Manager
Marketing Manager
6 Yearsyrs
Finance Analyst Finance Manager Sales Manager
Operations Manager
7 Yearsyrs
Project Manager Program Manager Marketing Manager
Product Marketing Manager
7 Yearsyrs
Research Analyst Project Manager Marketing Manager
Regional Marketing Manager
7 Yearsyrs
Project Manager Product Manager Brand Manager
Senior Brand Manager
9 Yearsyrs
Research Analyst Finance Analyst Marketing Manager
Senior Director Of Marketing
13 Yearsyrs
Business Analyst Product Manager
Senior Product Manager
9 Yearsyrs
Business Analyst Project Manager
Senior Project Manager
12 Yearsyrs
Analyst Finance Analyst Assistant Vice President
Vice President And Manager
10 Yearsyrs
Systems Analyst Program Manager Business Developer
Vice President, Business Development
13 Yearsyrs
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Average Length of Employment
Staff Analyst 3.8 years
Systems Analyst 3.4 years
Line Analyst 3.4 years
Principal Analyst 3.3 years
Senior Analyst 3.3 years
Production Analyst 3.3 years
Business Analyst 3.0 years
Gas Analyst 2.8 years
Finance Analyst 2.8 years
Operations Analyst 2.7 years
Economic Analyst 2.6 years
Commercial Analyst 2.6 years
Associate Analyst 2.5 years
Pricing Analyst 2.5 years
Analyst 2.4 years
Product Analyst 2.4 years
Reporting Analyst 2.4 years
Industrial Analyst 2.4 years
Data Analyst 2.3 years
Risk Analyst 2.2 years
Investment Analyst 2.2 years
Trade Analyst 2.2 years
Market Analyst 2.1 years
Energy Analyst 2.1 years
Assistant Analyst 2.1 years
Marketing Analyst 2.1 years
Bank Analyst 2.0 years
Research Analyst 2.0 years
Mine Analyst 1.8 years
Media Analyst 1.7 years
Junior IS Analyst 1.5 years
Analyst Internship 1.0 years
Summer Analyst 0.3 years
Top Employers Before
Internship 27.4%
Volunteer 4.7%
President 3.1%
Analyst 2.6%
Top Employers After
Internship 13.6%
Analyst 8.1%
Consultant 6.3%
Associate 4.4%

Analyst Internship Demographics

Gender

Male

57.6%

Female

29.6%

Unknown

12.9%
Ethnicity

White

57.5%

Asian

30.0%

Hispanic or Latino

8.6%

Unknown

2.9%

Black or African American

1.0%
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Languages Spoken

Spanish

27.3%

Chinese

16.7%

Mandarin

15.7%

French

8.7%

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

1.1%

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

6.4%

University of Texas at Austin

6.1%

Syracuse University

5.9%

University of Texas at Dallas

5.9%

Pennsylvania State University

5.7%

University of Connecticut

5.6%

New York University

5.4%

Johns Hopkins University

5.0%

Brigham Young University

4.9%

George Washington University

4.9%

Cornell University

4.9%

DePaul University

4.9%

Boston University

4.8%

Texas A&M University

4.6%

University of Southern California

4.5%

Fordham University

4.4%

Michigan State University

4.2%

Northeastern University

4.2%

Duke University

4.0%

University of Rochester

3.9%
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Majors

Finance

22.9%

Business

17.4%

Economics

8.1%

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

2.5%

Industrial Engineering

1.9%

Mechanical Engineering

1.9%

Supply Chain Management

1.8%

Psychology

1.5%
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Degrees

Bachelors

47.2%

Masters

39.3%

Other

7.0%

Doctorate

2.6%

Associate

2.0%

Certificate

1.6%

Diploma

0.2%
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Job type you want
Full Time
Part Time
Internship
Temporary

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

DataEntryClientPortfoliosSQLServerEquityDueDiligenceAssetAllocationERPBloombergTerminalMarketResearchDataAnalysisSASWindowsAuditRealEstateVBACustomerServiceRFinancialModelsFinancialStatementAnalysisPotentialClients

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Top Analyst Internship Skills

  1. Data Entry
  2. Client Portfolios
  3. SQL Server
You can check out examples of real life uses of top skills on resumes here:
  • Research, administrative support, and data entry
  • Analyzed client portfolios to find increased performance opportunities
  • Used SQL Server to query data with over 50,000 rows of claims and provider transactions to generate reports.
  • Gathered and analyzed information to benchmark positions to maintain internal and external equity and made salary recommendation to management.
  • Review, analyze, and conduct due diligence in negotiation, regulatory approvals and closing of deals.

Top Analyst Internship Employers