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Market analyst internship vs market research analyst

The differences between market analyst interns and market research analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a market analyst internship and a market research analyst. Additionally, a market analyst internship has an average salary of $63,476, which is higher than the $51,688 average annual salary of a market research analyst.

The top three skills for a market analyst internship include powerpoint, data analysis and data entry. The most important skills for a market research analyst are powerpoint, data analysis, and SPSS.

Market analyst internship vs market research analyst overview

Market Analyst InternshipMarket Research Analyst
Yearly salary$63,476$51,688
Hourly rate$30.52$24.85
Growth rate19%19%
Number of jobs73,68471,240
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 72%
Average age3737
Years of experience66

What does a market analyst internship do?

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.

What does a market research analyst do?

A market research analyst is an individual who studies the market conditions so that he/she or she can examine the potential sales of an organization's product or service. Market research analysts are required to devise and evaluate methods for collecting data such as surveys, focus groups, and opinion polls. They must interpret the data they have collected and presented their findings to executives and clients to help them make better-informed decisions. Market research analysts are also required to create visuals of industry trends and competitors so the company can predict how it fares in the marketplace.

Market analyst internship vs market research analyst salary

Market analyst interns and market research analysts have different pay scales, as shown below.

Market Analyst InternshipMarket Research Analyst
Average salary$63,476$51,688
Salary rangeBetween $39,000 And $101,000Between $36,000 And $73,000
Highest paying City-Seattle, WA
Highest paying state-Delaware
Best paying company-Imply
Best paying industry-Technology

Differences between market analyst internship and market research analyst education

There are a few differences between a market analyst internship and a market research analyst in terms of educational background:

Market Analyst InternshipMarket Research Analyst
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Market analyst internship vs market research analyst demographics

Here are the differences between market analyst interns' and market research analysts' demographics:

Market Analyst InternshipMarket Research Analyst
Average age3737
Gender ratioMale, 56.6% Female, 43.4%Male, 51.2% Female, 48.8%
Race ratioBlack or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.2% White, 64.9% American Indian and Alaska Native, 0.1%Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1%
LGBT Percentage10%10%

Differences between market analyst internship and market research analyst duties and responsibilities

Market analyst internship example 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
  • Show more

Market research analyst example responsibilities.

  • Manage thousands of accounts using CRM software such as SalesForce.
  • Lead CRM presentation including product demo with business benefits to the client.
  • Perform statistical analysis using Minitab and SPSS.
  • Conduct primary research of aftermarket warranty products and analyze results using SPSS.
  • Develop portfolio strategy and asset class allocation using performance analytics, current market data and trend forecasts.
  • Assist with CRM reporting in SalesForce.
  • Show more

Market analyst internship vs market research analyst skills

Common market analyst internship skills
  • PowerPoint, 11%
  • Data Analysis, 6%
  • Data Entry, 5%
  • Financial Models, 5%
  • Capital Markets, 5%
  • Data Collection, 4%
Common market research analyst skills
  • PowerPoint, 8%
  • Data Analysis, 8%
  • SPSS, 5%
  • Market Research, 5%
  • Data Collection, 4%
  • Market Trends, 3%

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