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Become A Research Analyst Internship

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Working As A Research Analyst Internship

  • Analyzing Data or Information
  • Getting Information
  • Interacting With Computers
  • Interpreting the Meaning of Information for Others
  • Communicating with Supervisors, Peers, or Subordinates
  • Mostly Sitting

  • Make Decisions

  • $62,000

    Average Salary

What Does A Research Analyst Internship Do

Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.

Duties

Market research analysts typically do the following:

  • Monitor and forecast marketing and sales trends
  • Measure the effectiveness of marketing programs and strategies
  • Devise and evaluate methods for collecting data, such as surveys, questionnaires, and opinion polls
  • Gather data on consumers, competitors, and market conditions
  • Analyze data using statistical software
  • Convert complex data and findings into understandable tables, graphs, and written reports
  • Prepare reports and present results to clients and management

Market research analysts research and gather data to help a company market its products or services. They gather data on consumer demographics, preferences, needs, and buying habits. They collect data and information using a variety of methods, such as interviews, questionnaires, focus groups, market analysis surveys, public opinion polls, and literature reviews.

Analysts help determine a company’s position in the marketplace by researching their competitors and analyzing their prices, sales, and marketing methods. Using this information, they may determine potential markets, product demand, and pricing. Their knowledge of the targeted consumer enables them to develop advertising brochures and commercials, sales plans, and product promotions. 

Market research analysts evaluate data using statistical techniques and software. They must interpret what the data mean for their client, and they may forecast future trends. They often make charts, graphs, infographics, and other visual aids to present the results of their research. 

Workers who design and conduct surveys are known as survey researchers.

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How To Become A Research Analyst Internship

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.

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Research Analyst Internship Career Paths

Research Analyst Internship
Research Analyst Consultant Controller
Finance Vice President
10 Yearsyrs
Research Analyst Consultant Product Manager
Product Marketing Manager
7 Yearsyrs
Research Analyst Consultant Account Manager
Strategic Accounts Manager
9 Yearsyrs
Analyst Manager Branch Manager
Manager, Assistant Vice President
7 Yearsyrs
Analyst Manager Account Manager
Relationship Manager
6 Yearsyrs
Analyst Manager Property Manager
Portfolio Manager
7 Yearsyrs
Finance Analyst Project Manager Director
Director Of Strategy
11 Yearsyrs
Finance Analyst Account Manager Client Services Manager
Client Services Director
9 Yearsyrs
Finance Analyst Project Manager Marketing Manager
Marketing And Operations Manager
5 Yearsyrs
Data Analyst Research Associate Scientist
Senior Research Associate
6 Yearsyrs
Data Analyst Executive Assistant Marketing Manager
Business Development And Marketing Manager
7 Yearsyrs
Data Analyst Business Analyst Senior Finance Analyst
Pricing Manager
7 Yearsyrs
Business Analyst Project Manager Senior Manager
Director Of Analytics
12 Yearsyrs
Business Analyst Senior Analyst
Analytical Manager
8 Yearsyrs
Summer Analyst Investment Analyst Senior Analyst
Manager, Strategy
8 Yearsyrs
Summer Analyst Quantitative Analyst Portfolio Manager
Strategist
6 Yearsyrs
Investment Analyst Senior Business Analyst Senior Product Manager
Marketing Lead
5 Yearsyrs
Summer Analyst Strategy Consultant
Vice President, Strategy
13 Yearsyrs
Account Executive Marketing Manager Social Media Manager
Marketing Strategist
6 Yearsyrs
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Top Skills for A Research Analyst Internship

  1. Data Entry
  2. Market Research
  3. Equity
You can check out examples of real life uses of top skills on resumes here:
  • Read and cleaned/prepared data for data entry.
  • Collaborated on business intelligence consulting and social media market research for clients.
  • Researched LATAM projects for private equity investments such as renewable energy facility construction projects in Argentina.
  • Conducted statistical data analysis and provided recommendations on improve risk managing ability to quality manager and chief compliance officer.
  • Authored market research reports determining the profitability of implementing new degree types.

Research Analyst Internship Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 2,194 Research Analyst Internship resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Research Analyst Internship Resume

View Resume Examples

Research Analyst Internship Demographics

Gender

Male

48.8%

Female

29.6%

Unknown

21.6%
Ethnicity

White

44.9%

Asian

28.7%

Hispanic or Latino

12.7%

Black or African American

9.0%

Unknown

4.8%
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Foreign Languages Spoken

Spanish

25.6%

Mandarin

15.3%

Chinese

13.2%

French

11.5%

Korean

4.4%

Japanese

4.4%

Hindi

4.1%

Arabic

3.2%

Russian

2.9%

Cantonese

2.6%

German

2.4%

Italian

1.8%

Vietnamese

1.5%

Urdu

1.5%

Greek

1.2%

Hebrew

1.2%

Marathi

0.9%

Portuguese

0.9%

Polish

0.9%

Gujarati

0.6%
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Research Analyst Internship Education

Schools

Columbia University

9.3%

New York University

8.8%

George Washington University

7.0%

University of New Hampshire

5.8%

University of Texas at Austin

5.8%

Fordham University

5.5%

Johns Hopkins University

5.0%

Boston University

4.8%

University of California - Berkeley

4.5%

Georgetown University

4.5%

Brigham Young University

4.3%

University of California - Los Angeles

4.3%

Bentley University

4.3%

DePaul University

4.3%

University of Chicago

4.3%

University of Connecticut

4.0%

University of Maryland - College Park

3.5%

University of Southern California

3.5%

University of Washington

3.5%

University of Texas at Dallas

3.3%
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Majors

Finance

28.2%

Business

15.5%

Economics

13.9%

Political Science

6.1%

Statistics

3.9%

Marketing

3.8%

Accounting

3.5%

Mathematics

2.8%

Management

2.7%

Management Science

2.5%

Psychology

2.4%

Sociology

2.3%

International Relations

2.1%

Communication

2.0%

Business Economics

1.7%

History

1.5%

Public Administration

1.4%

Applied Mathematics

1.3%

Industrial Engineering

1.3%

Criminal Justice

1.3%
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Degrees

Bachelors

50.8%

Masters

37.7%

Other

6.2%

Doctorate

3.1%

Certificate

1.4%

Associate

0.7%

Diploma

0.1%
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