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How to hire a market analyst internship

Market analyst internship hiring summary. Here are some key points about hiring market analyst interns in the United States:

  • The median cost to hire a market analyst internship is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per market analyst internship on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 24,590 market analyst interns in the US, and there are currently 73,684 job openings in this field.
  • New York, NY, has the highest demand for market analyst interns, with 7 job openings.

How to hire a market analyst internship, step by step

To hire a market analyst internship, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a market analyst internship, you should follow these steps:

Here's a step-by-step market analyst internship hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a market analyst internship job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new market analyst internship
  • Step 8: Go through the hiring process checklist
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  1. Identify your hiring needs

    Before you post your market analyst internship job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a market analyst internship for hire on a part-time basis or as a contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A market analyst internship's background is also an important factor in determining whether they'll be a good fit for the position. For example, market analyst interns from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    The following list breaks down different types of market analyst interns and their corresponding salaries.

    Type of Market Analyst InternshipDescriptionHourly rate
    Market Analyst InternshipMarket research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.$18-48
    AnalystAnalysts 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... Show more$25-47
    Summer AnalystSummer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information... Show more$20-49
  2. Create an ideal candidate profile

    Common skills:
    • PowerPoint
    • Data Analysis
    • Data Entry
    • Financial Models
    • Capital Markets
    • Data Collection
    • Competitive Analysis
    • Market Analysis
    • Market Trends
    • Project Management
    • Market Intelligence
    • Market Data
    • Market Strategy
    • SQL
    Check all skills
    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.
    • Construct PowerPoint presentations documenting experiments, findings, and recommendations for the chief executives of the client firm.
    • Research relationships between MKMV's default prediction model and bond spreads, bond returns and changes in agency ratings using SAS
  3. Make a budget

    Including a salary range in your market analyst internship job description is a great way to entice the best and brightest candidates. A market analyst internship salary can vary based on several factors:
    • Location. For example, market analyst interns' average salary in hawaii is 63% less than in washington.
    • Seniority. Entry-level market analyst interns earn 61% less than senior-level market analyst interns.
    • Certifications. A market analyst internship with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a market analyst internship's salary.

    Average market analyst internship salary

    $63,476yearly

    $30.52 hourly rate

    Entry-level market analyst internship salary
    $39,000 yearly salary
    Updated December 20, 2025
  4. Writing a market analyst internship job description

    A good market analyst internship job description should include a few things:

    • Summary of the role
    • List of responsibilities
    • Required skills and experience

    Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a market analyst internship job description:

    Market analyst internship job description example

    Market & Wealth Services Summer Internship Program

    BNY Mellon's Market & Wealth Services (M&WS) is comprised of the Markets, Pershing, Treasury Services, Credit Services, and Clearance and Collateral Management businesses and plays a crucial role at the center of global finance. The Summer Internship Program offers high-potential, diverse junior talent with developmental opportunities and exposure to the platform through valuable, strategic projects that align to critical business needs. This program is designed for the driven student seeking real-world experience and with a desire to build a unique portfolio of transferable skills which will prepare them for a long-term career within the financial services industry.

    Program at a Glance

    M&WS is at the center of BNY Mellon's provision of sophisticated solutions to our clients and we rely on this robust campus recruiting program to develop our early career talent. This 10-week summer internship assignment will directly place you within one of the M&WS businesses and deliver meaningful work assignments meant to drive strategic initiatives forward and offer first-hand experience with clients.

    What's in it For You

    * Two-day orientation/onboarding and virtual training curriculum
    * Career development and networking support from a host of corporate leaders including assignment managers, senior mentors, business stakeholders, and a dedicated program manager
    * Exposure to a variety of disciplines, including trading, sales, and product
    * Access to over 4,000 M&WS employees based in more than 20 countries with whom you will have daily interactions with, learning about the needs of clients across various markets and financial conditions

    Our Ideal Candidate

    * Intellectually curious with a questioning mindset with a passion for contributing to the future of BNY Mellon
    * Exceptional interpersonal and communication skills, written and verbal
    * Aptitude for analytic and quantitative thinking
    * Team-oriented and able to thrive in a fast-paced, global working environment
    * Consultative, with a client-friendly disposition and strong presentation skills
    * Proactive, self-starter with digital literacy or curiosity about future of digital in finance
    * Enrolled in an undergraduate degree program with a strong focus on business-related and/or technology-related majors
    * Rising senior (U.S.) or penultimate year students during summer 2022
    * Minimum cumulative GPA of 3.2 or better in the U.S., or equivalent
    * Does not require sponsorship for employment visa status (now or in the future) in the region where they apply.

    BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

    Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
  5. Post your job

    There are various strategies that you can use to find the right market analyst internship for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your market analyst internship job on Zippia to find and recruit market analyst internship candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    Recruiting market analyst interns requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

    Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new market analyst internship

    Once you have selected a candidate for the market analyst internship position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

    You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

    Once that's done, you can draft an onboarding schedule for the new market analyst internship. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a market analyst internship?

Recruiting market analyst interns involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.

You can expect to pay around $63,476 per year for a market analyst internship, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for market analyst interns in the US typically range between $18 and $48 an hour.

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