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Research analyst education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a research analyst. Research analysts usually study business, finance, or economics. 70% of research analysts hold a bachelor's degree, and 18% hold an master's degree. We analyzed 23,287 real research analyst resumes to see exactly what research analyst education sections show.

The most common colleges for research analysts are the New York University and the New York University.

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

There are certain research analyst certifications that you should consider. These research analyst certifications include Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA).

What education do you need to become a research analyst?

What degree do you need to be a research analyst?

The most common degree for research analysts is bachelor's degree, with 70% of research analysts earning that degree. The second and third most common degree levels are master's degree degree at 18% and master's degree degree at 6%.
  • Bachelor's, 70%
  • Master's, 18%
  • Associate, 6%
  • Doctorate, 3%
  • Other Degrees, 3%

What should I major in to become a research analyst?

You should major in business to become a research analyst. 19% of research analysts major in business. Other common majors for a research analyst include finance and economics.

Most common colleges for research analysts

Research analysts often get their degrees at New York University, University of Maryland - College Park, and University of California - Davis. Here are the most common colleges for research analysts in the US based on their resumes.
Research analyst common collegePercentages
New York University7.83%
University of Maryland - College Park7.55%
University of California - Davis6.72%
George Mason University6.62%
University of California, Santa Barbara5.60%

Best majors for research analysts

RankMajorPercentages
1Business18.9%
2Finance11.1%
3Economics10.0%
4Political Science8.3%
5Psychology8.1%

Best colleges for research analysts

The best colleges for research analysts are Northwestern University, University of Pennsylvania, and Vanderbilt University.

A research 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 research 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 research 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. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

5. University of Maryland - College Park

College Park, MD • Private

In-state tuition

$10,595

Enrollment

30,184

6. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

7. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

8. Purdue University

West Lafayette, IN • Private

In-state tuition

$9,992

Enrollment

33,495

9. Howard University

Washington, DC • Private

In-state tuition

$26,756

Enrollment

6,166

10. Texas State University

San Marcos, TX • Private

In-state tuition

$10,280

Enrollment

34,187

20 best online courses for research analysts

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1. Data Analysis Immersive (Full-time)

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2. Data Analytics (Part Time)

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Harness Excel, SQL, and Tableau to drive powerful analysis and insights. Build confidence and credibility to apply this versatile skill set to countless jobs. This course is offered in person and live online, in a remote classroom setting...

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Use Python, SQL and Statistics to advance your programming skills and refine your ability to work with messy, complex datasets...

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. Qualitative Research

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In this course, the second in the Market Research Specialization, you will go in-depth with qualitative market research methods, from design to implementation to analysis. Week 1: Define qualitative research and how it differs from quantitative research. Explore the various qualitative research methods and evaluate when and how to use them for your research project. Week 2: Design the qualitative instruments necessary for your interviews or focus groups, and plan your recruitment efforts. Write...

6. Market Research

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The Market Research Specialisation focuses on the essentials of research and the research process. This Specialisation will teach you how to use qualitative and quantitative research methods, how to develop and manage a questionnaire development strategy, how to develop measurements, how to collect data and how to analyze and present them.\n\nOnce you have completed this Specialisation, you will have a good understanding of market research including:\n\nEssentials of market research Components...

7. Statistics / Data Analysis: Survey Data and Likert Scales

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10. Intro to Data Analytics

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Discover if data is a career fit for you Regardless of your industry or role, fluency in the language of data analytics will allow you to contribute to data driven decision making. In this free, two-hour livestream, you’ll learn to understand, analyze, and interpret data so you too can join the data conversation. We’ll cover how to ask the right questions of your data and basic analytic functionality. Then you’ll apply your new found data analytic skills to a real-world dataset, allowing you...

11. Data Structures and Algorithms

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12. Data Visualization

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You will start by building data visualizations and dashboards, considering your audiences to be as effective as possible. Then, you’ll move into drafting presentations using storytelling techniques, visualizations, and animations to provide data-driven recommendations...

13. Practical SQL Bootcamp for Data Analysts and Data Scientists

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Master One of the Most In-Demand Skills for Data Analysts in 2020!...

14. The Data Analyst Course: Complete Data Analyst Bootcamp

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Complete Data Analyst Training: Python, Num Py, Pandas, Data Collection, Preprocessing, Data Types, Data Visualization...

15. Digital Marketing

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Gain real-world experience running live campaigns as you learn from top experts in the field. Launch your career with a 360-degree understanding of digital marketing...

16. Intro to Data Analysis

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Start your data science journey right with this hands-on introduction to the discipline of data analysis. In this course you'll learn the 5 key stages of the data analysis process and apply them to real data sets using Python libraries NumPy, pandas, and Matplotlib...

17. Qualitative Data Analysis using MAXQDA: Scratch to Advanced

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Master Qualitative Research Method, Content Analysis, Grounded Theory, Thematic Analysis and more with MAXQDA Analytics...

18. Fundamentals of Data Analysis for Big Data

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This course prepares participants to begin running data analysis on databases...

19. Data Visualization

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Discover how data visualization can communicate insights far more effectively than text or tables. In this course, you’ll learn how to build data visualizations programmatically using Python, and how you can use visualization to both discover and convey trends in your data...

20. Experimental Design & Recommendations

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Learn two of the most in-demand skills in the entire field of data science! By the end of this course, you’ll know how to generate personalized recommendations based on user data, as well as run statistically valid tests that produce clean, interpretable results...

Top 10 most affordable universities for research analysts

The most affordable schools for research analysts are Baruch College of the City University of New York, university of florida, and florida state university.

If the best universities for research 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 research analysts.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

3. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

4. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

5. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

6. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

7. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

8. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

9. Fashion Institute of Technology

New York, NY • Private

In-state tuition

$5,740

Cost of attendance

17,864

10. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

Top 10 hardest universities to get into for research analysts

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

Some great schools for research 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 research 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. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

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. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

9. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

10. Boston College

Chestnut Hill, MA • Private

Admissions rate

28%

SAT average

1,429

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

The easiest schools for research analysts to get into are Oklahoma Wesleyan University, university of the incarnate word, and holy names university.

Some schools are much easier to get into. If you want to start your career as a research 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 research analysts.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

3. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

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. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

7. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

8. Iona College

New Rochelle, NY • Private

Admissions rate

88%

SAT average

1,089

9. William Paterson University of New Jersey

Wayne, NJ • Private

Admissions rate

93%

SAT average

994

10. San Francisco State University

San Francisco, CA • Private

Admissions rate

72%

SAT average

1,054

Average research analyst salary by education level

According to our data, research analysts with a Doctorate degree earn the highest average salary, at $84,663 annually. Research analysts with a Master's degree earn an average annual salary of $83,757.
Research analyst education levelResearch analyst salary
Master's Degree$83,757
Bachelor's Degree$71,965
Doctorate Degree$84,663

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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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