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Become An Economic Analyst

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Working As An Economic Analyst

  • 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

  • $67,987

    Average Salary

What Does An Economic Analyst Do At KPMG

* Conduct research on various sources of economic indicators and perform specialized, custom and complex data analysis to support Chief Economist
* Maintain and update quantitative and qualitative economic, financial, or statistical databases
* Process, consolidate, and transform data sets within and between databases using statistical or econometric techniques
* Analyze economic time series data and perform basic statistical and econometric analyses of research results
* Create executive summaries of findings in a manner that is relevant and accessible to non-economists
* Ability to conduct diagnostic analysis in Excel such as Granger Causality Testing, creating indexes, regression analysis, correlations, and statistical analysis

What Does An Economic Analyst Do At Tesoro

* 1. Leads development and maintenance of economic models to forecast market fundamentals for establishing price forecast for crude oil and product prices.
* Support the Sr.
* Economist with fundamentals analysis of regional, domestic, and international oil markets.
* Leads development of the Long Term price outlook for the corporation (Strategic Price Deck).
* Develops outlook scenarios appropriate to strategic needs of the corporation for use in assessing large capital projects and M&A opportunities.
* Provides ad hoc support to other departments, senior executives, and Business Development in researching market trends and preparing analysis of issues in the oil industry and the broader set of economic parameters of the domestic economy.
* Researches and prepares long term outlook studies on domestic and international supply/demand drivers and market fundamentals.
* Presents outcome of studies to various levels of senior management.
* Interacts with Government Affairs to stay up to date on potential regulatory developments and assess the economic impact of potential regulations.
* Develops economic modeling and financial analysis in support of commercial agreements, physical trades, and development of pricing strategies.
* Provides direction and expertise in developing and maintaining the competitive assessment function using dashboard presentation tools
* Maintains knowledge base of energy research by other consultants and keeps abreast of latest market intelligence

What Does An Economic Analyst Do At Beth Israel Deaconess Medical Center

* Produce and monitor monthly trends in cost and utilization to explain drivers of financial results and highlight areas of opportunity for implementation of data-driven solutions to favorably impact medical costs improvement.
* Evaluate monthly the financial contract results against budget and report profitability across provider groups and payors.
* Utilize BI tools in designing dashboards, scorecards, and reports to track key healthcare efficiency metrics by Risk Unit, practice, physician and care management program.
* Communicate findings of performance trends and identification of areas of opportunity for performance improvement.
* Use BI tools and SQL/SAS coding skills to support advanced analytic drill downs.
* Leverage, promote and support the use of existing technology and BI solutions available to Physician and Hospital stakeholders to provide data that will inform decision making and drive performance

What Does An Economic Analyst Do At Robert Half

* Responsible for the reporting of currency transactions and suspicious activity in accordance to the Bank Secrecy Act.
* Provide assistance and direction to bankers in regard to currency transactions reporting.
* Under general supervision and
* guidance, responsibilities are varied and moderate to complex.
* Follows defined procedures, policies and precedents;
* refers unusual situations that require exceptions to Manager or Supervisor.
* Preferred Skills/Experience
* Basic knowledge of banking operational policies, procedures, products and services
* Strong ability to identify and interpret data and resolve exceptions
* Good analytical skills
* Ability to interpret technical and administrative instructions
* Good interpersonal, verbal and written communication skills
* Good knowledge of PC based software, i.e., Word, Excel, etc. and applicable business line systems.
* This opportunity is temporary with the strong possibility of becoming a full-time position.
* For immediate consideration, please send an updated resume as a Word document attachment to evelyn.olson@roberthalf.com include "Chicago Candidate" in the subject line.
* If this position is not a good fit for you, but you know of someone else who may be looking for work in the Chicago area, please feel free to pass along my contact information.
* Robert Half is hiring Entry
* Level Economic Sanctions Adjudication Analyst for one of our Fortune 500 banking and financial clients in Chicago, IL.
* Job Title: Entry
* Level Economic Sanctions Adjudication Analyst
* Location: Chicago, IL 60603
* Hours: 8:30a – 5p

What Does An Economic Analyst Do At Unitedhealth Group

Interpret and analyze claims, membership and provider data in support of risk and quality initiatives Lead projects to completion by contributing to database creation, statistical modeling and client reporting Create and update automated processes Analyze reporting tools utilized by the internal customer groups

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How To Become An Economic Analyst

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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Economic Analyst jobs

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Economic Analyst Demographics

Gender

  • Male

    61.0%
  • Female

    33.3%
  • Unknown

    5.8%

Ethnicity

  • White

    66.3%
  • Asian

    18.3%
  • Hispanic or Latino

    11.4%
  • Unknown

    3.2%
  • Black or African American

    0.8%
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Languages Spoken

  • Spanish

    33.7%
  • French

    14.6%
  • Mandarin

    6.7%
  • Russian

    6.7%
  • Chinese

    6.7%
  • Italian

    4.5%
  • Portuguese

    4.5%
  • Arabic

    4.5%
  • Korean

    2.2%
  • German

    2.2%
  • Japanese

    2.2%
  • Persian

    2.2%
  • Vietnamese

    1.1%
  • Hindi

    1.1%
  • Dutch

    1.1%
  • Danish

    1.1%
  • Ukrainian

    1.1%
  • Malay

    1.1%
  • Uyghur

    1.1%
  • Carrier

    1.1%
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Economic Analyst

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Economic Analyst Education

Economic Analyst

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Real Economic Analyst Salaries

Job Title Company Location Start Date Salary
Senior Economic Analyst (Product Manager) Monsanto Company San Francisco, CA Sep 01, 2015 $190,000
Senior Economic Analyst Public Company Accounting Oversight Board Washington, DC Dec 17, 2015 $185,000
Senior Economic Analyst Public Company Accounting Oversight Board Washington, DC Dec 10, 2014 $175,330
Senior Economic Analyst Public Company Accounting Oversight Board Washington, DC Sep 27, 2014 $175,330
SR. Economic Analyst (Product Manager) The Climate Corporation San Francisco, CA Apr 01, 2014 $170,000
SR. Economic Analyst (Product Manager) The Climate Corporation San Francisco, CA Sep 10, 2014 $170,000
Economic Analyst Balyasny Asset Management, L.P. New York, NY Sep 29, 2015 $150,000
Principal Economic Analyst Greatest Good LLC Chicago, IL Sep 16, 2015 $150,000
Economic Analyst Centerview Partners LLC New York, NY Feb 19, 2016 $125,000
Economic Analyst Balyasny Asset Management New York, NY Sep 11, 2015 $120,000
Flight Crew Economic Analyst The Boeing Company Renton, WA Jun 30, 2016 $114,000 -
$190,000
Flight Crew Economic Analyst The Boeing Company Renton, WA Jun 30, 2014 $112,000 -
$187,000
Economic Analyst LLJ, Inc. New York, NY Aug 25, 2016 $110,000
Economics Analyst Guggenheim Credit Services, LLC Santa Monica, CA May 01, 2014 $80,000
Senior Economic Analyst Natural Resuorce Governance Institute New York, NY Mar 09, 2016 $79,000 -
$96,000
Economic Analyst Natuzzi Florida, LLC Fort Lauderdale, FL Jan 11, 2016 $77,000
Economic Analyst Sunstar USA Inc. Duluth, GA Sep 29, 2014 $76,238
Economic Analyst Natuzzi Fort Lauderdale, LLC Fort Lauderdale, FL Apr 27, 2016 $76,155
Associate/Scientist-Costing and Economic Analyst Abt Associates Inc. Bethesda, MD Sep 04, 2014 $75,005
Economic Analyst Alexander Reus P.A. Miami, FL Feb 09, 2016 $75,000
Economic Analyst American Veterinary Medical Association Schaumburg, IL Jun 16, 2016 $75,000
Economics Analyst Guggenheim Partners Investment Management, LLC New York, NY Nov 10, 2013 $67,206 -
$80,000
Economic Analyst Electric Entertainment Los Angeles, CA Sep 02, 2015 $67,100
Economic Analyst Electric Entertainment Los Angeles, CA Feb 22, 2016 $67,100
Economic Analyst Sunstar USA Inc. Duluth, GA Jan 28, 2013 $66,888
Economic Analyst Ainsley Shea Communications Saint Paul, MN Aug 27, 2015 $66,414
Economic Analyst Handybook, Inc. New York, NY Aug 17, 2014 $66,165
Economic Analyst Jackson Labs Technologies, Inc. Las Vegas, NV Jan 01, 2015 $64,780
Economic Analyst David Hirson & Partners, LLP Newport Beach, CA Aug 25, 2015 $64,600

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Top Skills for An Economic Analyst

FinancialAnalysisPolicyAnalysisEconomicAnalysisEconomicModelsSASInterestRatesSQLServerStatisticalAnalysisActivityDataAnalysisEconomicResearchFinancialDataMarketResearchClaimsDataAssistanceRealEstateEconomicTrendsEconomicIndicatorsDataCollectionEconomicData

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Top Economic Analyst Skills

  1. Financial Analysis
  2. Policy Analysis
  3. Economic Analysis
You can check out examples of real life uses of top skills on resumes here:
  • Provide economic and financial analysis to support business decisions regarding mergers and acquisitions and operational strategy.
  • Conducted economic research and policy analysis.
  • Performed project management, data gathering, data management, economic analysis, and report writing for policy research projects.
  • Created and analyzed strategic economic models for inpatient utilization and shared risk data.
  • Develop statistics models to forecast freight traffic using SAS.

Top Economic Analyst Employers

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Economic Analyst Videos

CAREERS IN BA ECONOMICS WITH CA – Graduates, Econometrics,CPT,ICAI,Job Opportunities,Salary Package

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