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What is an Analyst

An analyst can work in many different industries. So if you're looking for a position with endless job possibilities, then you've come to the right place. Who knows, the job might even come with a sweet salary, but you'll have to keep reading to find out.

Typically, an analyst will work in an office. They'll analyze data and make informed decisions based on the information they collect. An analyst might have a financial background or they might be a management analyst. Maybe you want to be a market research analyst or a news analyst. Either way, you've got to be good at making decisions.

The majority of analysts work a full-time position of 40 hours a week. Although, it isn't unheard of for analysts to work more than that. Did someone say overtime?

There is more than meets the eye when it comes to being an Analyst. For example, did you know that they make an average of $36.57 an hour? That's $76,059 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

What Does an Analyst Do

There are certain skills that many Analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Time-management skills, Interpersonal skills and Problem-solving skills.

Learn more about what an Analyst does

How To Become an Analyst

If you're interested in becoming an Analyst, one of the first things to consider is how much education you need. We've determined that 67.3% of Analysts have a bachelor's degree. In terms of higher education levels, we found that 12.6% of Analysts have master's degrees. Even though most Analysts have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an Analyst. When we researched the most common majors for an Analyst, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Analyst resumes include Associate Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become an Analyst. In fact, many Analyst jobs require experience in a role such as Internship. Meanwhile, many Analysts also have previous career experience in roles such as Customer Service Representative or Administrative Assistant.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. Verizon Communications Jobs (187)
  2. Citigroup Jobs (641)
  3. Virtusa Jobs (241)
  4. Morgan Stanley Jobs (1,640)
  5. Analysis Group Jobs (313)
Average Salary
$76,059
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
313,133
Job Openings
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Average Salary for an Analyst

Analysts in America make an average salary of $76,059 per year or $37 per hour. The top 10 percent makes over $98,000 per year, while the bottom 10 percent under $58,000 per year.
Average Salary
$76,059
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12 Analyst Resume Examples

Learn How To Write an Analyst Resume

At Zippia, we went through countless Analyst resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Analyst Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Verizon Communications Jobs (187)
  2. Citigroup Jobs (641)
  3. Virtusa Jobs (241)
  4. Morgan Stanley Jobs (1,640)
  5. Analysis Group Jobs (313)

Choose From 10+ Customizable Analyst Resume templates

Zippia allows you to choose from different easy-to-use Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume
Analyst Resume

Analyst Demographics

Analyst Gender Distribution

Male
Male
52%
Female
Female
48%

After extensive research and analysis, Zippia's data science team found that:

  • Among Analysts, 47.6% of them are women, while 52.4% are men.

  • The most common race/ethnicity among Analysts is White, which makes up 68.5% of all Analysts.

  • The most common foreign language among Analysts is Spanish at 40.0%.

Job Openings

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Analyst Education

Analyst Majors

26.9 %
11.5 %

Analyst Degrees

Bachelors

67.3 %

Masters

12.6 %

Associate

11.8 %

Top Colleges for Analysts

1. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

5. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

6. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

7. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

8. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

9. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

10. University of Rochester

Rochester, NY • Private

In-State Tuition
$53,909
Enrollment
6,348
Job Openings

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Online Courses For Analyst That You May Like

Practical SQL Bootcamp for Data Analysts and Data Scientists
udemy
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Master One of the Most In-Demand Skills for Data Analysts in 2020!...

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coursera

Gain the job-ready skills for an entry-level data analyst role through this eight-course Professional Certificate from IBM and position yourself competitively in the thriving job market for data analysts, which will see a 20% growth until 2028 (U.S. Bureau of Labor Statistics).\n\nPower your data analyst career by learning the core principles of data analysis and gaining hands-on skills practice. You'll work with a variety of data sources, project scenarios, and data analysis tools, including Ex...

Plan the Project as a Business Analyst
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Increase your value as a Business Analyst by learning how to plan projects successfully without a Project Manager...

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Top Skills For an Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 19.0% of Analysts listed Procedures on their resume, but soft skills such as Time-management skills and Interpersonal skills are important as well.

  • Procedures, 19.0%
  • Customer Service, 11.1%
  • Troubleshoot, 4.9%
  • Data Analysis, 4.6%
  • Financial Statements, 4.6%
  • Other Skills, 55.8%

Best States For an Analyst

Some places are better than others when it comes to starting a career as an Analyst. The best states for people in this position are New Jersey, New York, California, and Washington. Analysts make the most in New Jersey with an average salary of $83,347. Whereas in New York and California, they would average $82,841 and $80,951, respectively. While Analysts would only make an average of $80,951 in Washington, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Analyst Jobs:
6,490
Highest 10% Earn:
$104,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Jersey

Total Analyst Jobs:
3,336
Highest 10% Earn:
$105,000
Location Quotient:
1.1
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Massachusetts

Total Analyst Jobs:
4,054
Highest 10% Earn:
$99,000
Location Quotient:
1.15
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Analysts

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Top Analyst Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ Analysts and discovered their number of Analyst opportunities and average salary. Through our research, we concluded that Tata Group was the best, especially with an average salary of $76,418. Goldman Sachs follows up with an average salary of $76,916, and then comes Deloitte with an average of $73,995. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as an Analyst. The employers include CVS Health, Anthem, and Computer Task Group

Analyst Videos

Becoming an Analyst FAQs

How long does it take to become an Analyst?

It takes 4 years of professional experience to become an analyst. That is the time it takes to learn specific analyst skills, but does not account for time spent in formal education. If you include the normal education requirements to complete a college degree, then it takes 7 to 9 years years to become an analyst.

Do analysts make good money?

Yes, analysts make good money. The national average salary for an Analyst is $72,821 per year. The number of years of experience and the type of analyst (e.g., business, data, finance) impacts how much you can earn as an analyst.

How can I get an analyst job with no experience?

To get an analyst job with no experience requires gaining the necessary skills through online courses/tutorials, as well as on-the-job training. While you don't need a full-blown degree for many analyst jobs, you need to master the right skill set and qualifications needed to be an analyst.

Is it hard to be an analyst?

Yes, it is hard to be an analyst. Being an analyst means you should not only be skilled in numeracy and statistics but also having an understanding of business processes and information technology (IT).

What are 8 types of analysts?

While being an analyst is often thought of as a single occupation, there are actually several different types of analysts with their own skills and specialties. Below are 8 types of analysts:

  1. Analyst

    Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

    Average Analyst Salary: $70,668

    Browse Analyst Jobs.

  2. Associate Analyst

    An associate analyst is a professional who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.

    Average Associate Analyst Salary: $68,428

    Browse Associate Analyst Jobs.

  3. Staff Analyst

    Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.

    Average Staff Analyst Salary: $85,736

    Browse Staff Analyst Jobs.

  4. Product Analyst

    A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.

    Average Product Analyst Salary: $74,440

    Browse Product Analyst Jobs.

  5. Control Analyst

    A control analyst is a professional who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.

    Average Control Analyst Salary: $69,169

    Browse Control Analyst Jobs.

  6. Resource Analyst

    A resource analyst is responsible for conducting data and statistical analysis, analyzing trends research, and identifying cost-reduction opportunities that would generate revenues and increase profits. Resource analysts evaluate budgeting and financial transactions and implement strategical methodologies to improve business operations, project management, and customer relationships. They also monitor the resource management of the business by coordinating with third-party providers and the senior management to facilitate operational concerns and requests for collaborative partnerships with the clients.

    Average Resource Analyst Salary: $64,403

    Browse Resource Analyst Jobs.

  7. Business Analyst Associate

    A business analyst associate job supports collaborating with financial reporting and developing strategies and initiatives that optimize costs and improve internal and external reporting. They work closely with business analysts to help make improvements in streamlining reports and review the process requirements by constantly communicating with the clients or end-users. The role should also call for a solid understanding of regulatory and requirements in reporting as well as experience in forecasting, budgeting, and financial analysis shared with a comprehensive understanding of key performance indicators.

    Average Business Analyst Associate Salary: $64,000

    Browse Business Analyst Associate Jobs.

  8. Assistant Analyst

    The duties of an assistant analyst depend on one's line of work or industry of employment. Their responsibilities typically include conducting extensive research and analysis to gather insights and performing support tasks such as preparing and processing documents, coordinating with different departments to gather data, answering calls and correspondence, liaising with external parties, and participating in developing plans. Furthermore, as an assistant analyst, it is essential to recommend solutions to optimize business procedures, all while adhering to the company or organization's policies and regulations.

    Average Assistant Analyst Salary: $52,391

    Browse Assistant Analyst Jobs.

What qualifications do you need to be an analyst?

The qualification you need to be an analyst is a bachelor's degree in computer science or mathematics from an accredited institution or its equivalent. However, a master's degree in mathematics, computer science, or machine learning is an added advantage.

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