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Merchandise analyst education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a merchandise analyst. Merchandise analysts usually study business, marketing, or specialized sales and merchandising. 83% of merchandise analysts hold a bachelor's degree, and 8% hold an associate degree. We analyzed 1,285 real merchandise analyst resumes to see exactly what merchandise analyst education sections show.

The most common colleges for merchandise analysts are the Fashion Institute of Technology and the Fashion Institute of Technology.

There are also many online merchandise analyst courses to help get the education required to be a merchandise analyst.

What education do you need to become a merchandise analyst?

What degree do you need to be a merchandise analyst?

The most common degree for merchandise analysts is bachelor's degree, with 83% of merchandise analysts earning that degree. The second and third most common degree levels are associate degree degree at 8% and associate degree degree at 6%.
  • Bachelor's, 83%
  • Associate, 8%
  • Master's, 6%
  • High School Diploma, 1%
  • Other Degrees, 2%

What should I major in to become a merchandise analyst?

You should major in business to become a merchandise analyst. 31% of merchandise analysts major in business. Other common majors for a merchandise analyst include marketing and specialized sales and merchandising.

Most common colleges for merchandise analysts

Merchandise analysts often get their degrees at Fashion Institute of Technology, University of Wisconsin - Stevens Point, and University of Wisconsin Colleges. Here are the most common colleges for merchandise analysts in the US based on their resumes.
Merchandise analyst common collegePercentages
Fashion Institute of Technology10.11%
University of Wisconsin - Stevens Point8.51%
University of Wisconsin Colleges6.91%
University of Massachusetts Boston6.38%
Michigan State University5.32%

Best majors for merchandise analysts

RankMajorPercentages
1Business30.9%
2Marketing14.3%
3Specialized Sales And Merchandising9.3%
4Finance5.3%
5Accounting5.3%

Best colleges for merchandise analysts

The best colleges for merchandise analysts are Northwestern University, University of Pennsylvania, and Stanford University.

A merchandise analyst with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for merchandise analysts. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become merchandise analysts.

1. University of Georgia

Athens, GA • Private

In-state tuition

$11,830

Enrollment

29,474

2. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

3. University of Wisconsin - Madison

Madison, WI • Private

In-state tuition

$10,555

Enrollment

30,360

4. University of Maryland - College Park

College Park, MD • Private

In-state tuition

$10,595

Enrollment

30,184

5. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

6. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

7. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

8. University of Nebraska - Lincoln

Lincoln, NE • Private

In-state tuition

$9,242

Enrollment

20,592

9. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

10. Purdue University

West Lafayette, IN • Private

In-state tuition

$9,992

Enrollment

33,495

20 best online courses for merchandise analysts

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4. Marketing Analytics

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Gain an in-depth understanding of Google Analytics and marketing analytics. Analyze data and build models with Excel, Data Studio, and create informative data visualizations with Tableau...

5. Financial Accounting-Inventory & Merchandising Transactions

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Complete course on Inventory Management...

20. Sales Analysis for Management Consultants

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A practical guide on how to improve sales and marketing of your customers during consulting projects like Mc Kinsey, BCG,...

Top 10 most affordable universities for merchandise analysts

The most affordable schools for merchandise analysts are SUNY Farmingdale, fashion institute of technology, and baruch college of the city university of new york.

If the best universities for merchandise analysts are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for merchandise analysts.

1. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

2. Fashion Institute of Technology

New York, NY • Private

In-state tuition

$5,740

Cost of attendance

17,864

3. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

4. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

5. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

6. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

7. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

8. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

9. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

10. California State University - Fresno

Fresno, CA • Private

In-state tuition

$6,587

Cost of attendance

16,915

Top 10 hardest universities to get into for merchandise analysts

The hardest universities for merchandise analysts to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for merchandise analysts are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for merchandise analysts based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

4. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

5. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

6. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

7. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

8. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

9. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

10. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

Top 10 easy-to-apply-to universities for merchandise analysts

The easiest schools for merchandise analysts to get into are Oklahoma Wesleyan University, lim college, and university of the incarnate word.

Some schools are much easier to get into. If you want to start your career as a merchandise analyst without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for merchandise analysts.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

3. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

6. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

7. Ursuline College

Pepper Pike, OH • Private

Admissions rate

90%

SAT average

1,102

8. Iona College

New Rochelle, NY • Private

Admissions rate

88%

SAT average

1,089

9. San Francisco State University

San Francisco, CA • Private

Admissions rate

72%

SAT average

1,054

10. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

Average merchandise analyst salary by education level

Merchandise analysts with a Doctorate degree earn more than those without, at $77,808 annually. With a Master's degree, merchandise analysts earn a median annual income of $77,202 compared to $69,147 for merchandise analysts with an Bachelor's degree.
Merchandise analyst education levelMerchandise analyst salary
Master's Degree$77,202
Bachelor's Degree$69,147
Doctorate Degree$77,808

Merchandise analyst education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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