There is more than meets the eye when it comes to being a market analyst. For example, did you know that they make an average of $24.51 an hour? That's $50,971 a year!
Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.
There are certain skills that many market analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and critical-thinking skills.
When it comes to the most important skills required to be a market analyst, we found that a lot of resumes listed 12.8% of market analysts included market research, while 6.0% of resumes included capital markets, and 5.7% of resumes included powerpoint. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the market analyst job title. But what industry to start with? Most market analysts actually find jobs in the finance and manufacturing industries.
If you're interested in becoming a market analyst, one of the first things to consider is how much education you need. We've determined that 52.7% of market analysts have a bachelor's degree. In terms of higher education levels, we found that 36.8% of market analysts have master's degrees. Even though most market analysts have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a market analyst. When we researched the most common majors for a market analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on market analyst resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a market analyst. In fact, many market analyst jobs require experience in a role such as internship. Meanwhile, many market analysts also have previous career experience in roles such as research assistant or finance analyst.