What does an industrial analyst do?
An industrial analyst has access to the financial information of investors in order to give data-based recommendations that can boost the income of financial programs. Some of the tasks an industrial analyst does are preparing forecasts, developing models for the industrial scale, create segment taxonomies, and drawing graphs, tables, and spreadsheets based on gathered information from researches to come up with comparisons and more accurate forecasts. Normally, they work for research and consulting firms, but some also perform private consultation services.
Industrial analyst responsibilities
Here are examples of responsibilities from real industrial analyst resumes:
- Develop an innovative methodology to identify transshipment or diversion of export-control commodities using international trade data and intelligence leads.
- Help develop site wide team's SQL skills.
- Debug SAS programs to analyze employment growth in the energy industry.
- Produce reports covering a range of industries including aerospace, hospitality, POS technology, and retail.
- Provide timely updates and reports on individual companies, incorporating earnings projections, along with DCF and other valuation methodologies.
- Develop a financial model to calculate the ROI of consumer promotional events and present a recommendation for future promotion strategy.
- Fill interim marketing analyst role with responsibility for analyzing current and potential programs and events in region to identify ROI.
- Analyze office administration support for analysts supporting DOD projects to identify efficiency opportunities to prototype and write report of analysis findings.
- Build target behavior models for corporate clients using multivariate techniques, including regression and discriminant analysis, and cluster analysis.
Industrial analyst skills and personality traits
We calculated that 24% of Industrial Analysts are proficient in Macro, Market Research, and Quantitative Analysis. They’re also known for soft skills such as Interpersonal skills, Problem-solving skills, and Time-management skills.
We break down the percentage of Industrial Analysts that have these skills listed on their resume here:
- Macro, 24%
Created excel macros entirely using Visual Basic programming language to locate and consolidate files across multiple folders and naming conventions.
- Market Research, 13%
Coordinated syndicated market research projects on behalf of global A&T offices with automotive manufacturers and automotive related companies.
- Quantitative Analysis, 9%
Utilized research methods such as primary and secondary data collection, forecast building models and quantitative analysis to produce research studies.
- PowerPoint, 6%
Assisted economists in preparing PowerPoint presentations, vulnerability monitors, economic outlook assessments, and staff reports for their respective countries.
- SQL, 4%
Managed SQL Server customer complaint database; developed reports documenting quality and complaint trends.
- Data Analysis, 4%
Developed research objectives, selected methodologies, planned research projects, and implemented data analysis and reporting.
Most industrial analysts use their skills in "macro," "market research," and "quantitative analysis" to do their jobs. You can find more detail on essential industrial analyst responsibilities here:
Interpersonal skills. One of the key soft skills for an industrial analyst to have is interpersonal skills. You can see how this relates to what industrial analysts do because "management analysts work with managers and other employees of the organizations for which they provide consulting services." Additionally, an industrial analyst resume shows how industrial analysts use interpersonal skills: "conducted phone surveys for nationwide clients customer service skills& interpersonal skills focus group data analysis"
Problem-solving skills. Another soft skill that's essential for fulfilling industrial analyst duties is problem-solving skills. The role rewards competence in this skill because "management analysts must be able to think creatively to solve clients’ problems." According to an industrial analyst resume, here's how industrial analysts can utilize problem-solving skills in their job responsibilities: "presented to executive staff and developers on market trends, challenges and appropriate solutions to market needs. "
Time-management skills. industrial analysts are also known for time-management skills, which are critical to their duties. You can see how this skill relates to industrial analyst responsibilities, because "management analysts often work under tight deadlines and must use their time efficiently to complete projects on schedule." An industrial analyst resume example shows how time-management skills is used in the workplace: "supervised team members including; managing work assignments, deadlines, contractor activities, and data analysis. "
Analytical skills. For certain industrial analyst responsibilities to be completed, the job requires competence in "analytical skills." The day-to-day duties of an industrial analyst rely on this skill, as "management analysts must be able to interpret information and use their findings to make proposals." For example, this snippet was taken directly from a resume about how this skill applies to what industrial analysts do: "increased market penetration through delivery of market analysis for financial services, healthcare, and life sciences. "
Communication skills. Another common skill required for industrial analyst responsibilities is "communication skills." This skill comes up in the duties of industrial analysts all the time, as "management analysts must be able to convey information clearly in both writing and speaking." An excerpt from a real industrial analyst resume shows how this skill is central to what an industrial analyst does: "collected primary and secondary business intelligence in industries to identify opportunities for lab technology, supporting business development and communication efforts. "
The three companies that hire the most industrial analysts are:
- Burns & McDonnell20 industrial analysts jobs
- J.P. Morgan5 industrial analysts jobs
- Wellington Group5 industrial analysts jobs
Choose from 10+ customizable industrial analyst resume templates
Build a professional industrial analyst resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your industrial analyst resume.
Compare different industrial analysts
Industrial analyst vs. Tax preparer
A tax preparer is responsible for preparing and processing the tax obligations of an organization. Tax preparers' duties include calculating tax returns, reviewing financial statements and make adjustments as needed, analyzing deductible expenses and credits, and adhering to the tax regulations and legislation procedures at all times. A tax preparer must have excellent knowledge of the tax processes and timely updated with the recent changes and updates within the financial industry. Tax preparers should have impeccable analytical and critical thinking skills to manage account statements for business and individual clients.
There are some key differences in the responsibilities of each position. For example, industrial analyst responsibilities require skills like "macro," "market research," "quantitative analysis," and "powerpoint." Meanwhile a typical tax preparer has skills in areas such as "customer service," "good communication," "brand awareness," and "exceptional client." This difference in skills reveals the differences in what each career does.
Tax preparers tend to make the most money working in the finance industry, where they earn an average salary of $59,516. In contrast, industrial analysts make the biggest average salary, $89,124, in the government industry.On average, tax preparers reach lower levels of education than industrial analysts. Tax preparers are 13.4% less likely to earn a Master's Degree and 2.7% less likely to graduate with a Doctoral Degree.Industrial analyst vs. Analyst internship
An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement. They conduct research and analysis to support business operations and resolve issues using systems and data. They also help estimate the costs and benefits of multiple business actions and help the business organization launch new initiatives.
Each career also uses different skills, according to real industrial analyst resumes. While industrial analyst responsibilities can utilize skills like "macro," "powerpoint," "sql," and "aerospace," analyst interns use skills like "management system," "python," "data entry," and "strong analytical."
Analyst interns earn a lower average salary than industrial analysts. But analyst interns earn the highest pay in the professional industry, with an average salary of $41,723. Additionally, industrial analysts earn the highest salaries in the government with average pay of $89,124 annually.In general, analyst interns achieve similar levels of education than industrial analysts. They're 4.8% less likely to obtain a Master's Degree while being 2.7% less likely to earn a Doctoral Degree.Industrial analyst vs. Market analyst internship
When it comes to a marketing analyst internship, an intern primarily follows a senior or a more experienced officer's directives. Most of their tasks will revolve around processing paperwork, maintaining records and databases, participating in research and analyses, and assisting senior analysts in various projects. There are also instances where they can attend meetings, participate in social media handling, and even share marketing insights. Furthermore, as an intern, it is essential to learn and adhere to the company's policies and regulations.
The required skills of the two careers differ considerably. For example, industrial analysts are more likely to have skills like "macro," "aerospace," "regression," and "real estate." But a market analyst internship is more likely to have skills like "data entry," "data collection," "project management," and "market intelligence."
When it comes to education, market analyst interns tend to earn lower degree levels compared to industrial analysts. In fact, they're 6.4% less likely to earn a Master's Degree, and 2.4% less likely to graduate with a Doctoral Degree.Industrial analyst vs. Business analyst internship
A Business Analyst Intern provides support to the business analysis team in preparing business plans and strategies. They make suggestions for improvements, write reports, perform research, and analyze data.
Even though a few skill sets overlap between industrial analysts and business analyst interns, there are some differences that are important to note. For one, an industrial analyst might have more use for skills like "macro," "quantitative analysis," "powerpoint," and "sql." Meanwhile, some responsibilities of business analyst interns require skills like "business analysts," "user stories," "project management," and "strong analytical. "
In general, business analyst interns earn the most working in the professional industry, with an average salary of $55,443. The highest-paying industry for an industrial analyst is the government industry.The average resume of business analyst interns showed that they earn similar levels of education compared to industrial analysts. So much so that theyacirc;euro;trade;re 0.3% more likely to earn a Master's Degree and less likely to earn a Doctoral Degree by 2.8%.Types of industrial analyst
Updated January 8, 2025
