The senior market analyst is that person who studies the market conditions to evaluate the sales of products and services. The senior market analyst helps the company they work for analyze and understand what goods and services are in demand. They do this by collating information on the good or service, the consumers, the competitive companies, and the market.
A senior market analyst must be able to design different research methods to fit into this position. This skill will help you examine statistical data. It would also help if you stayed updated on what is going on in the market at all times.
While most companies prefer employees with prior working experience, it's different with every company. It is important that you improve your communication skills to relay information well with people you'll meet doing your job.
There is more than meets the eye when it comes to being a senior market analyst. For example, did you know that they make an average of $40.51 an hour? That's $84,268 a year!
Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.
There are certain skills that many senior market analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, analytical skills and communication skills.
When it comes to the most important skills required to be a senior market analyst, we found that a lot of resumes listed 15.0% of senior market analysts included market research, while 8.0% of resumes included powerpoint, and 5.5% of resumes included portfolio. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior market analyst job title. But what industry to start with? Most senior market analysts actually find jobs in the finance and technology industries.
If you're interested in becoming a senior market analyst, one of the first things to consider is how much education you need. We've determined that 39.0% of senior market analysts have a bachelor's degree. In terms of higher education levels, we found that 47.4% of senior market analysts have master's degrees. Even though most senior market analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior market analyst. When we researched the most common majors for a senior market analyst, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on senior market analyst resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a senior market analyst. In fact, many senior market analyst jobs require experience in a role such as market analyst. Meanwhile, many senior market analysts also have previous career experience in roles such as analyst or finance analyst.