Associate analysts are junior members of a company who contribute to researching the business processes of a specific department. They create reports on their findings and present them to management. They use the presented information to make decisions.
As an associate analyst, you can work in many different industries with your duties remaining quite consistent. These tasks include dissecting company operations and working towards finding the most time-efficient and cost-effective solutions.
Whether they work in IT, business, or financing, an associate analyst is involved in upgrading operational systems, researching new products, creating models for database handling, and documenting processes. An observant attitude and analytical thinking go a long way in this career path. Technological aptitude and a willingness to be a team player are also helpful traits.
There is more than meets the eye when it comes to being an associate analyst. For example, did you know that they make an average of $35.42 an hour? That's $73,677 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many associate 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 computer skills, math skills and detail oriented.
When it comes to the most important skills required to be an associate analyst, we found that a lot of resumes listed 11.6% of associate analysts included procedures, while 8.0% of resumes included customer service, and 6.3% of resumes included powerpoint. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the associate analyst job title. But what industry to start with? Most associate analysts actually find jobs in the finance and technology industries.
If you're interested in becoming an associate analyst, one of the first things to consider is how much education you need. We've determined that 48.7% of associate analysts have a bachelor's degree. In terms of higher education levels, we found that 36.2% of associate analysts have master's degrees. Even though most associate 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 associate analyst. When we researched the most common majors for an associate analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on associate analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an associate analyst. In fact, many associate analyst jobs require experience in a role such as internship. Meanwhile, many associate analysts also have previous career experience in roles such as administrative assistant or research assistant.