Most market research analysts need at least a bachelor’s degree. Top research positions may require a master’s degree. Strong math and analytical skills are essential.Education
Market research analysts typically need a bachelor’s degree in market research or a related field. Many have degrees in fields such as statistics, math, and computer science. Others have backgrounds in business administration, the social sciences, or communications.
Courses in statistics, research methods, and marketing are essential for these workers. Courses in communications and social sciences, such as economics or consumer behavior, are also important.
Some market research analyst jobs require a master’s degree. Several schools offer graduate programs in marketing research, but many analysts complete degrees in other fields, such as statistics and marketing, and/or earn a master’s degree in business administration (MBA). A master’s degree is often required for leadership positions or positions that perform more technical research.Licenses, Certifications, and Registrations
Certification is voluntary, but analysts may pursue certification to demonstrate a level of professional competency. The Marketing Research Association offers the Professional Researcher Certification (PRC) for market research analysts. Candidates qualify based on experience and knowledge; they must pass an exam, be a member of a professional organization, and have at least 3 years working in opinion and marketing research. Individuals must complete 20 hours of industry-related continuing education courses every 2 years to renew their certification.Important Qualities
Analytical skills. Market research analysts must be able to understand large amounts of data and information.
Communication skills. Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients.
Critical-thinking skills. To determine what marketing strategy would work best for a company, market research analysts must assess all available information.
Detail oriented. Market research analysts must be detail oriented because they often do precise data analysis.
|Job Title||Company||Location||Start Date||Salary|
|Head of Enterprise-Wide Market Risk||The Bank of New York Mellon||New York, NY||Aug 21, 2016||$250,000 -
|Head of Market Risk Advisory for The Americas||SG Americas Securities, LLC||New York, NY||Jan 08, 2016||$215,000|
|Head of Market Risk Advisory for The Americas||SG Americas Securities, LLC||New York, NY||Sep 17, 2015||$215,000|
|Market Risk Quantitative Analyst||The Bank of New York Mellon||New York, NY||Dec 26, 2016||$165,000|
|Market Risk Analyst||Sharp Decisions, Inc.||New York, NY||Dec 02, 2016||$154,690|
|CIB Market Risk Coverage-SPG||JP Morgan Chase & Co||New York, NY||Feb 29, 2016||$154,690|
|Market Risk Modeling Analyst||The Bank of New York Mellon||New York, NY||Jul 22, 2016||$154,000|
|Vice President, Market Risk Analyst||ABN AMRO Holdings USA LLC||New York, NY||Aug 12, 2015||$150,000|
|Market Risk Modeling Analyst||The Bank of New York Mellon||New York, NY||Oct 12, 2015||$145,000|
|Market Risk Analyst||Sharp Decisions, Inc.||New York, NY||Jan 12, 2016||$144,000|
|Market Risk Quantitative Analyst||Noble Americas Corp.||Stamford, CT||Jan 30, 2015||$142,688 -
|Manager, East Region Market Risk Analyst||Calpine Corporation||Houston, TX||Jan 09, 2016||$142,446|
|Vice President, Equity Market Risk Analyst||Barclays Services Corp.||New York, NY||Feb 20, 2016||$140,000 -
|Associate, CIB Market Risk Technology||JP Morgan Chase & Co||New York, NY||Feb 02, 2016||$116,300|
|Associate, Market Risk||Jpmorgan Chase & Co.||New York, NY||Sep 09, 2015||$115,000|
|Market Risk Analyst||BP America Inc.||Houston, TX||Oct 01, 2015||$114,000|
|Market Risk Analyst III||The PNC Financial Services Group, Inc.||New York, NY||Aug 09, 2016||$113,000|
|Market Risk Analyst||BP America Inc.||Houston, TX||Jan 15, 2015||$112,000 -
|Market Risk Coverage Associate||Jpmorgan Chase & Co.||New York, NY||Oct 27, 2016||$110,000|
|Market Risk Analyst||NRG Energy, Inc.||Princeton, NJ||Jun 30, 2016||$110,000|
|Market Risk Analyst||NRG Energy, Inc.||Princeton, NJ||Jun 08, 2015||$110,000|
|Market Risk Model Validation Analyst||Suntrust Banks, Inc.||Atlanta, GA||Sep 15, 2016||$95,000|
|Market Risk Associate||Jpmorgan Chase & Co.||New York, NY||Sep 26, 2016||$95,000|
|Market Risk Analyst||Citigroup Global Markets Inc.||New York, NY||Dec 27, 2016||$95,000|
|Assistant Vice President, Market Risk Analyst||Barclays Services Corp.||New York, NY||Nov 08, 2016||$95,000 -
|Analyst, Market Risk||Jpmorgan Chase & Co.||New York, NY||Sep 19, 2016||$95,000|
|Senior Market Risk Analyst||Metlife Group, Inc.||NJ||Aug 19, 2016||$94,900 -
|Market Risk Analyst||Santander Holdings USA, Inc.||New York, NY||May 18, 2016||$94,700|
|SR. Market Risk Analyst||Federal Home Loan Bank of Des Moines||Des Moines, IA||Apr 06, 2015||$93,662 -
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