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Market research internship vs senior research analyst

The differences between market research interns and senior 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 senior research analyst. Additionally, a senior research analyst has an average salary of $75,056, 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 senior research analyst are analytics, data analysis, and data collection.

Market research internship vs senior research analyst overview

Market Research InternshipSenior Research Analyst
Yearly salary$35,920$75,056
Hourly rate$17.27$36.08
Growth rate19%19%
Number of jobs99,51271,891
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 68%
Average age3737
Years of experience66

What does a market research internship do?

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.

What does a senior research analyst do?

The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.

Market research internship vs senior research analyst salary

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

Market Research InternshipSenior Research Analyst
Average salary$35,920$75,056
Salary rangeBetween $26,000 And $48,000Between $57,000 And $98,000
Highest paying City-Olympia, WA
Highest paying state-Washington
Best paying company-JPMorgan Chase & Co.
Best paying industry-Finance

Differences between market research internship and senior research analyst education

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

Market Research InternshipSenior Research Analyst
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Market research internship vs senior research analyst demographics

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

Market Research InternshipSenior Research Analyst
Average age3737
Gender ratioMale, 52.5% Female, 47.5%Male, 54.1% Female, 45.9%
Race ratioBlack 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, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1%
LGBT Percentage10%10%

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

Market research internship example responsibilities.

  • Manage existing client relationships and provide support during origination process which improve overall customer relations.
  • Assist with creating and executing paid advertising campaigns via various social media platforms such as LinkedIn and Facebook.
  • Prepare and edit PowerPoint reports from primary and secondary research findings into easy to understand text and illustrating data graphically.
  • Create adhoc database reports using advance SQL queries.
  • Ensure data tabulations done with SAS are accurately compile and present.
  • Used algorithms like regression, clustering and decision trees to analyze the data on SAS JMP.
  • Show more

Senior research analyst example responsibilities.

  • Manage research department employees and resources, operational budget preparation and oversight.
  • Work with SAS to manipulate data and perform analysis by using macros, metadata, loops, counts and macro variables.
  • Develop and automate front-end data querying and reporting tools for client presentations and reports in VBA and SQL.
  • Conduct statistical analyses with SAS using grocery store scanner data of consumer package goods for test households throughout the U.S.
  • Develop and redesign SQL databases for condensation and reporting efficiency.
  • Analyze quantitative project data using SPSS and serve as statistical consultant for company.
  • Show more

Market research internship vs senior research analyst skills

Common market research internship skills
  • PowerPoint, 12%
  • Data Analysis, 9%
  • Research Projects, 6%
  • Analyze Data, 4%
  • Data Collection, 3%
  • SPSS, 3%
Common senior research analyst skills
  • Analytics, 7%
  • Data Analysis, 6%
  • Data Collection, 5%
  • PowerPoint, 5%
  • Research Projects, 4%
  • Healthcare, 4%

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