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The differences between market research 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 research internship and a market research analyst. Additionally, a market research analyst has an average salary of $51,688, which is higher than the $35,920 average annual salary of a market research internship.
The top three skills for a market research internship include powerpoint, data analysis and research projects. The most important skills for a market research analyst are powerpoint, data analysis, and SPSS.
| Market Research Internship | Market Research Analyst | |
| Yearly salary | $35,920 | $51,688 |
| Hourly rate | $17.27 | $24.85 |
| Growth rate | 19% | 19% |
| Number of jobs | 99,512 | 71,240 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 72% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A Market Research Intern is responsible for conducting data and statistical analysis to evaluate market performance and identify opportunities to generate profits. Market Research Interns perform administrative duties under the supervision of a market research manager, such as writing and filing reports, organizing documents, researching trends, and designing participant surveys. A Market Research Intern must have excellent communication and analytical skills, especially in collecting accurate data and interpreting results.
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 research interns and market research analysts have different pay scales, as shown below.
| Market Research Internship | Market Research Analyst | |
| Average salary | $35,920 | $51,688 |
| Salary range | Between $26,000 And $48,000 | Between $36,000 And $73,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Delaware |
| Best paying company | - | Imply |
| Best paying industry | - | Technology |
There are a few differences between a market research internship and a market research analyst in terms of educational background:
| Market Research Internship | Market Research Analyst | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between market research interns' and market research analysts' demographics:
| Market Research Internship | Market Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 52.5% Female, 47.5% | Male, 51.2% Female, 48.8% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.6% 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 Percentage | 10% | 10% |