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What is a market analyst internship and how to become one

Updated January 8, 2025
4 min read
Quoted Expert
William Sholl
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The primary duty of a market analyst is to analyze relevant information to help their company make informed market strategy decisions. Examples of information they analyze include customer preferences, market conditions, industry trends, and current business strategies, among others.

Apart from their main duty, market analysts are also typically responsible for suggesting strategies to the marketing, product development, and sales teams to achieve certain goals, such as boosting revenue, improving brand reputation, and increasing customer loyalty. They also conduct forecasting based on current market trends to help their company prepare for future demands.

The typical requirement for this role is a business-related degree, such as business, finance, and marketing, just to name a few. Moreover, employers look for candidates with industry experience and exemplary analysis skills when hiring for a market analyst, as well as a good understanding of math, statistics, and data analysis tools.

In terms of compensation, a market analyst makes $51,000 per year on average. Some even make as much as $78,000, especially those who work in the highest-paying states like New York, Alaska, and Connecticut.

What general advice would you give to a Market Analyst Internship?

William ShollWilliam Sholl LinkedIn Profile

Assistant Professor of Marketing, Defiance College

There are two pieces of advice for recent graduates looking to start a career in marketing. Finding a mentor should be a top priority in your first job. Having a mentor has proven to reduce the stress and anxiety of embarking on a new career and a new organization. Workers with a
strong mentor relationship also have higher levels of job satisfaction. Additionally, a mentor gives you someone to go to when you require personal or professional advice.

The second piece of advice would be to understand that you are committing to life-long learning. Marketing is a field of almost constant change. Think about the evolution, maybe revolution is a better word, that has taken place in marketing in just the last few years driven by social media and mobile technologies. Moving forward, marketing professionals will need to stay abreast of the application of data and predictive analytics in the practice of marketing. Other fields, for example, accounting, change very slowly; the shift in marketing is relentless. To remain current in the profession, you will need to commit yourself to review the most recent research and best practices to understand shifting demographics, trends in consumer behavior, methods and models of communication, and a host of other yet to be determined topics.
ScoreMarket Analyst InternshipUS Average
Salary
5.0

Avg. Salary $63,476

Avg. Salary $59,228

Stability Level
4.9

Growth Rate 19%

Growth Rate 0.3%

Diversity
3.0
Race

American Indian and Alaska Native 0.13%

Asian 14.16%

Black or African American 4.72%

Hispanic or Latino 11.21%

Unknown 4.88%

White 64.89%

Gender

female 43.42%

male 56.58%

Age - 34
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 34
Stress Level
4.9

Stress level is manageable

7.1 - high

Complexity Level
8.2

Complexity Level is challenging

7 - challenging

Work Life Balance
4.6

Work Life balance is fair

6.4 - fair

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Market Analyst Internship career paths

Key steps to become a market analyst internship

  1. Explore market analyst internship education requirements

    Most common market analyst internship degrees

    Bachelor's

    77.4 %

    Master's

    15.4 %

    Associate

    3.3 %
  2. Start to develop specific market analyst internship skills

    SkillsPercentages
    PowerPoint10.95%
    Data Analysis6.38%
    Data Entry5.18%
    Financial Models4.68%
    Capital Markets4.55%
  3. Complete relevant market analyst internship training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New market analyst interns learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a market analyst internship based on U.S. Bureau of Labor Statistics data and data from real market analyst internship resumes.
  4. Research market analyst internship duties and responsibilities

    • Manage SQL base organization database, analyze the profitability of events.
    • Summarize the key findings and make a recommendation to the client using high-level PowerPoint presentations.
    • Collaborate with stakeholders to define appropriate KPIs and benchmarks for various activity types (i.e.
    • Conduct data quality management of cleaning and integrate the huge raw data by using SQL and SAS.
  5. Prepare your market analyst internship resume

    When your background is strong enough, you can start writing your market analyst internship resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a market analyst internship resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Market Analyst Internship Resume templates

    Build a professional Market Analyst Internship resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Market Analyst Internship resume.
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    Market Analyst Internship Resume
    Market Analyst Internship Resume
    Market Analyst Internship Resume
    Market Analyst Internship Resume
    Market Analyst Internship Resume
  6. Apply for market analyst internship jobs

    Now it's time to start searching for a market analyst internship job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Market Analyst Internship Job

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Average market analyst internship salary

The average Market Analyst Internship salary in the United States is $63,476 per year or $31 per hour. Market analyst internship salaries range between $39,000 and $101,000 per year.

Average Market Analyst Internship Salary
$63,476 Yearly
$30.52 hourly

What Am I Worth?

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How do market analyst interns rate their job?

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Market Analyst Internship reviews

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A zippia user wrote a review on Feb 2019
Cons

I don't like how much I have to stare at a computer. But, that's the world we live in now - ruled by Digital Media!


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A zippia user wrote a review on Feb 2019
Cons

Lots of sitting.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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