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The differences between research interns and 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 research internship and a research analyst. Additionally, a research analyst has an average salary of $70,232, which is higher than the $39,573 average annual salary of a research internship.
The top three skills for a research internship include python, C++ and research intern. The most important skills for a research analyst are data analysis, data collection, and research projects.
| Research Internship | Research Analyst | |
| Yearly salary | $39,573 | $70,232 |
| Hourly rate | $19.03 | $33.77 |
| Growth rate | 19% | 19% |
| Number of jobs | 95,123 | 81,374 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 70% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A research intern is responsible for assisting the research team with conducting an investigation, compiling information, and analyzing results for an organized research study. Research interns' duties also include understanding the work processes and operation procedures, sharing strategies and recommendations on research methods, reaching out to appropriate research correspondents, managing clients' inquiries and concerns, keeping important client records for reference, studying current market trends, and maintaining the eagerness to learn. A research intern must have strong attention to detail and excellent communication skills to perform on daily research tasks.
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Research interns and research analysts have different pay scales, as shown below.
| Research Internship | Research Analyst | |
| Average salary | $39,573 | $70,232 |
| Salary range | Between $26,000 And $59,000 | Between $45,000 And $107,000 |
| Highest paying City | Newark, NJ | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Meta | The Citadel |
| Best paying industry | Technology | Finance |
There are a few differences between a research internship and a research analyst in terms of educational background:
| Research Internship | Research Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 70% |
| Most common major | Biology | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between research interns' and research analysts' demographics:
| Research Internship | Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 50.8% Female, 49.2% |
| Race ratio | 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% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |