fundamental research analyst job description

Equity Research Analyst Job Description Template

An equity researcher analyzes and provides financial insights on publicly-traded companies and/or sectors to facilitate investment decisions within fund allocations.

Trusted by leading brands and startups

Watch the case study

The role of the researcher can be sell-side or buy-side. The former refers to analysts that are in a bank, or a broker, who offer paid research to institutional investors with a view to solicit the provision of further financial services. The latter will be analysts working directly within investment funds that generate investment ideas and strategies for its fund managers.

As the name suggests, this is a role traditionally applied to the equity class of assets. However similar research roles do exist within the commodity and fixed income space. The job description below can be tweaked to apply to such roles.

One quirk of equity research is that an analyst is not an entry-level position, as is a common title in other banking roles. An associate is actually the most junior position within the team and acts as an assistant to the analyst, who will have their name directly attributed to the published research reports.

Equity Research Analyst - Job Description and Ad Template

Copy this template, and modify it as your own:

Company Introduction

{{Write a short and catchy paragraph about your company. Provide information about the company’s culture, perks, and benefits. Mention office hours, remote working possibilities, and anything else that makes your company interesting. Also frame where the team and role fits into the organisational structure, as research teams can have different coverage hierarchies.}}

Job Description: Sell-Side Equity Research

The Equity Research department provides independent and objective investment research to the global investment community. It collects and analyzes financial information for stocks within {{list coverage sectors}} . Analysts within this team use this data to build financial models to explore future scenarios of the stocks on a company and wider macroeconomic level.

The ideal candidate will combine a strong quantitative skill set with a range of qualitative skills in order to effectively communicate their research in writing and verbally to clients. In addition, we seek someone with the highest level of ethical integrity.

Responsibilities

Create and maintain earnings, valuation, and industrial models for {{allocated number of stocks, or the name of the industry to be covered}} .

Analyze data to identify emerging opportunities and risks, justifying your reasoning.

Provide BUY/SELL/HOLD recommendations and present findings to the investment committee.

Assist in writing research reports with your findings, to be published to the community and media.

Interact with institutional investors, communicating investment research and responding to requests for models and ad-hoc analysis.

Maintain constant coverage of industry-related news, trends, and developments. Disseminate your insight when appropriate to internal and external stakeholders.

Build relationships with investor relations teams of your portfolio companies. This will involve {{domestic and/or international}} travel.

Devise and perform your own primary research methods, keeping abreast of trends and sentiment in the market.

Liaise with internal sales and trading teams for responding to news, corporate action, and reporting events. You will be expected to maintain a procedure protocol for escalating emerging news.

Maintain a public image for the firm at conferences/events. Communicate the company’s research, building its brand and referring potential new clients.

Skills and Qualifications

Bachelor’s degree in finance, economics, financial engineering, statistics, or econometrics

Profound understanding of equity markets on a global level. In addition, a deep understanding of fundamental analysis, financial modeling, asset allocation, and strategy research

Prior experience in financial services (2-4 years) within a “front office” role {{such as M&A, ECM, DCM, Sales & Trading or Equity Research}}

Advanced Excel proficiency. 3+ years of practical experience of using Excel for building and maintaining financial models

Platform experience within Bloomberg and {{one or more of: Morningstar Direct, Informa PSN, Facstet, Axioma, or Barra AEGIS}}

Excellent written and verbal communication skills. Proficiency for presenting and debating a point under pressure

CFA is a plus

Series 7 and 86/87 license is a plus. Unlicensed candidates will be sponsored, but expected to complete accreditation within a short timeframe

Recent Equity Research Articles by Toptal Finance Experts

Why Tesla? Evaluating the Electric Craze

Looking at Failed IPOs in the Age of the Unicorn

Plant Power: A Look at Beyond Meat and Its Competitors

Perfecting Private Accommodations: Airbnb vs. Expedia

Lessons from Warren Buffett’s Investment Strategy and His Mistakes

Why Do Share Buybacks Fail? Some Suggested Remedies

Hire a top equity research analyst now.

Toptal is a marketplace for top Equity Research Analysts. Top companies and startups hire Equity Research freelancers from Toptal for their mission-critical projects.

Andy Vietor

Andy was recognized twice as an All-Star Analyst by the Wall Street Journal. He has been a strategist, operating executive, financier, and top-ranked industry analyst. As a freelancer, Andy advises a range of companies—from early-stage and middle-market to large caps—delivering customized solutions including effective investor presentations, dynamic financial models, and project finance structuring.

Yiannis Ritsios, CFA

Yiannis is an experienced investment professional who manages assets for institutional investors globally and has extensive experience in financial analysis, valuation, equity research, and investment management. He has worked on M&A projects for large corporations and startup funding for the European Commission. With an MBA from Imperial College London, Yiannis began freelancing to help top management, investors, and entrepreneurs create value and sustainable growth.

Thomas Robb

Thomas delivered actionable solutions and insights to multi-billion dollar clients across the tech and software industries as a senior equity research associate at Morgan Stanley. As an entrepreneur, he understands the importance of taking extreme ownership of projects and enjoys working with executives to grow their businesses through financial modeling, competitive market analysis, and creative problem-solving.

Carlos Barrozzi

Carlos, a CFA Charterholder, has extensive investment banking and principal investing experience at BofA Merrill Lynch and Resiliens Capital. He has advised and invested in $4+ billion of equity and credit investments across both North America as well as emerging markets. He consults to meet fascinating investors, managers, and entrepreneurs while leveraging his financial expertise to drive value across a variety of unique business problems.

Nathan Krishnan S

During his two-decade career in Asia and the US, Nathan has consulted in strategy, valuations, corporate finance, financial planning and analysis, forecasting, and investments across six continents—ranging in value from $10 million to $1 billion. While a senior manager at Ernst & Young, he led engagements in valuations and modeling and recently left to pursue entrepreneurial endeavors while working on challenging projects at Toptal.

Wium is a global investment analyst with 15+ years of experience at multinational asset management firms like AllianceBernstein and Old Mutual. As a founder of an independent equity research firm, Wium excels at research, financial analysis, modeling, investment idea generation, and company valuations. He has covered 60+ global listed large-cap companies across all major emerging and developed markets, focusing on the internet, telecom, media, technology, healthcare, and industrial sectors.

Matthew Lo, Equity Research Professional.

An MIT and UPenn alumnus, Matthew has 15 years of experience at top finance firms and startups (Credit Suisse, Morgan Stanley Capital Partners, etc.), working on over $10 billion of capital-raising, M&A, and investment projects. He has worked with clients such as PE firms KKR and The Carlyle Group and worked at three startups, including a unicorn funded by Softbank. He is currently working on a new startup and is always eager to help fellow entrepreneurs and small business owners.

Ivan Arizaga

An experienced consultant and CFO, Ivan took to consulting practice after a long-tenured career in commercial banking and the competitive food and beverage industry. During the past nine years, Ivan has provided key advice on several restructuring cases for companies under financial stress, has valued companies and piloted M&A transactions, and provided solid financial planning and value-creation-focused financial advice for his clients, companies from startups and SMEs to large corporations.

Vinaya Jain

An MBA from Duke University and a CFA, Vinaya has led M&A projects in the US, India, and Africa, managed debt and equity raises in large companies and startups, hedged FX and commodities using derivatives, and supported one of the largest IPOs. He has worked as a CFO at Bent Pixels LLC (US), GM India, Bira91 (Sequoia-funded), and Hindustan Zinc Limited. Vinaya enjoys working as a part-time CFO and on diverse and challenging projects in M&A, fundraising, financial strategy, and treasury.

Toptal Connects the Top 3% of Freelance Talent All Over The World.

Join the Toptal community.

Search Search Please fill out this field.
Degrees & Certifications

What Is a Research Analyst? What They Do and Qualifications

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem.

What Is a Research Analyst?

A research analyst is a professional who prepares investigative reports on securities or assets for in-house or client use. Other names for this function include securities analyst, investment analyst, equity analyst, rating analyst, or simply " analyst ."

The work conducted by the research analyst is in an effort to inquire, examine, find or revise facts, principles, and theories for internal use by a financial institution or an external financial client. The report an analyst prepares entails the examination of public records of securities of companies or industries, and often concludes with a "buy," "sell" or "hold" recommendation.

If the research analyst is involved with an investment bank or a securities firm controlled by a member organization of the Financial Industry Regulatory Authority (FINRA), they may be required to register with a self-regulatory organization (SRO) and/or take certain exams.

Key Takeaways

A research analyst is a professional who prepares investigative reports on securities or assets for in-house or client use.
The report an analyst prepares entails the examination of public records of securities of companies or industries, and often concludes with a "buy," "sell," or "hold" recommendation.
The main differences between buy-side and sell-side analysts are the type of firm that employs them and the people to whom they make recommendations.

The Basics of Being a Research Analyst

Research analysts are usually divided into two groups: "buy-side" and "sell-side" analysts. A buy-side (brokerage) research analyst is typically employed by an asset management company and recommends securities for investment to the money managers of the fund that employs them. The research of a sell-side (investment firm) analyst tends to be sold to the buy-side. Sell-side research is also given to clients for free for consideration, such as in an attempt to win business. Such research can be used to promote companies.

A buy-side analyst usually works for institutional investors such as hedge funds, pension funds, or mutual funds. Buy-side research analysts are often considered more professional, academic, and reputable compared to the sell-side. Sell-side research jobs are often likened to marketing and sometimes pay higher salaries.

Buy-side analysts will determine how promising an investment seems and how well it coincides with the fund's investment strategy. Sell-side analysts are those who issue recommendations of "strong buy," "outperform," "neutral," or "sell."

Research analysts can work at a variety of companies, such as at asset management companies, investment banks, insurance companies, hedge funds, pension funds, brokerages or any business that needs to crunch data to spot trends or decide on a valuation, make an investment decision, or forecast the outlook of a company or asset. According to Glassdoor, the average base pay salary for a research analyst is $56,893, ranging anywhere between $40,000 and $84,000.

Research Analyst Qualifications

Companies that employ research analysts sometimes require a master's degree in finance or a Chartered Financial Analyst (CFA) designation on top of several regulatory hurdles. Research analysts might be required to take the Series 86/87 exams if they are involved with a member organization.

Other securities licenses are often required to include the Series 7 general securities representative license and the Series 63 uniform securities agent license. FINRA licenses are typically associated with the selling of specific securities as a firm’s registered representative. Investment analysts may also seek to obtain the chartered financial analyst (CFA) certification.

Financial Analyst vs. Research Analyst

Financial firms in the United States do not really present a unified definition of either job. Some financial analysts are really just researchers who collect and organize market data, while others put together specific proposals for securities investments with large institutional clients. Similarly, some research analysts are glorified marketing specialists, while others apply socioeconomic or political insights and are probably better classified as management consultants.

It's possible to narrow the differences between research analysts and financial analysts. Generally speaking, financial analysts focus on analyzing investments and market performance. They rely on a fundamental understanding of business valuation and economic principles to create reports and make recommendations; they are the behind-the-scenes experts. Research analysts occupy a less prescriptive role than financial analysts. Instead of looking through the lens of broad economic principles, they focus more on mathematical models to produce objective answers about historical data.

Financial analysts collect and analyze data but always within the context of a prior deductive understanding of how markets should function. Their thinking is systemic and, particularly at more senior levels, subjective. Research analysts tend to be operations-focused. Give a research analyst a series of inputs, and they can calculate the most efficient way to maximize output. If the research analyst works in the securities business, it's likely that recommendations may be made based on some predetermined criteria.

FINRA. " FINRA Rules: 1220. Registration Categories ." Accessed Sept. 11, 2020.

Corporate Finance Institute. " What’s the Difference between the Buy Side vs Sell Side? " Accessed Sept. 11, 2020.

Glassdoor. " Research Analyst Salaries ." Accessed Sept. 11, 2020.

FINRA. " Qualification Exams ." Accessed Sept. 11, 2020.

CFA Institute. " CFA Program ." Accessed Sept. 11, 2020.

Terms of Service
Editorial Policy
Privacy Policy
Your Privacy Choices

Job Descriptions
Consulting and Strategy Job Descriptions

Research Analyst Job Description

A research analyst performs research, collects and analyzes information, and uses the data to problem solve and improve the decision-making and efficiency of a business. The research analyst studies the data and presents his or her recommendations to the leadership team.

Try Betterteam

Post your jobs to 100+ job boards

Reach over 250 million candidates.
Get candidates in hours, not days.

Research Analyst Job Description Template

We are looking for an analytical and detail-oriented research analyst to assist in improving the operations and decision-making of our business. The research analyst's responsibilities include researching, collecting, analyzing, and interpreting data, and using the data to guide the business's decision-making. A research analyst should be prepared to work in various sectors, such as marketing, business operations, and finance.

To be a successful research analyst, you should have excellent mathematical, critical thinking, and communication skills. You should be flexible and able to work independently or in a team.

Research Analyst Responsibilities:

Analyzing past operations' results and performing variance analyses.
Identifying and analyzing trends and forecasts and recommending improvements to the business processes.
Researching market trends, conducting surveys, analyzing data from competitors, and analyzing the business's operations, expenditures, and customer retention to identify patterns of potential issues or improvements.
Using data analysis and interpretations to guide the decision-making of the business.
Using operations data to develop pricing models and identify areas for improvement.
Using statistical, economic, and data modeling techniques and tools.
Organizing and analyzing data, creating charts and graphs, and presenting your findings to the leadership team.
Providing recommendations to improve future business operations.
Organizing and storing data for future research projects.
Testing processes, policies, and protocols for efficiency and improvements.

Research Analyst Requirements:

A bachelor's or associate's degree in economics, finance, statistics, computer science, or related field.
Experience in applied research or data management may be advantageous.
Strong mathematical, analytical, and data modeling skills.
The ability to manipulate large, complex data sets into manageable, understandable reports.
Excellent problem-solving, communication, and team-working skills.
Familiarity with data modeling software and Excel software.
Attention to detail and organizational skills.

Market research analyst job description, equity research associate job description, research analyst interview questions, market research analyst interview questions, equity research associate interview questions.

Best Coding Bootcamps
Best Online Bootcamps
Best Web Design Bootcamps
Best Data Science Bootcamps
Best Technology Sales Bootcamps
Best Data Analytics Bootcamps
Best Cybersecurity Bootcamps
Best Digital Marketing Bootcamps
App Academy vs Fullstack Academy
BrainStation vs Hack Reactor
Hack Reactor vs Thinkful
App Academy vs Coding Dojo
Galvanize vs Hack Reactor
CareerFoundry vs Springboard
Devmountain vs Hack Reactor
App Academy vs Codesmith
Flatiron School vs General Assembly
Flatiron School vs Thinkful
Los Angeles
San Francisco
Web Development
Machine Learning
Bootcamps 101
Data Science
Software Engineering
Full-Stack Development
Career Changes
Mobile App Development
Cybersecurity
Product Management
Digital Marketing
UX/UI Design
What is a Coding Bootcamp?
Are Coding Bootcamps Worth It?
How to Choose a Coding Bootcamp
Best Online Coding Bootcamps and Courses
Best Free Bootcamps and Coding Training
Coding Bootcamp vs. Community College
Coding Bootcamp vs. Self-Learning
Bootcamps vs. Certifications: Compared
What Is a Coding Bootcamp Job Guarantee?
How to Pay for Coding Bootcamp
Ultimate Guide to Coding Bootcamp Loans
Best Coding Bootcamp Scholarships and Grants
Education Stipends for Coding Bootcamps
Get Your Coding Bootcamp Sponsored by Your Employer
GI Bill and Coding Bootcamps
Tech Interviews
Career Advice
Publication
Reskill America
Partner with us
Our Enterprise Solution
Connect with Us

How to Become a Research Analyst

Market research and statistical data are important tools for companies today. This is because they help businesses make informed decisions. Research analysts are professionals employed to derive actionable data from market research. These experts have become indispensable in many organizations.

There are many reasons why you should explore how to become a research analyst. For instance, these professionals are paid well above the national average. The demand for professionals offering related services is also expected to increase over the next decade. Read on to find out how you can become a research analyst.

What Is a Research Analyst?

A research analyst is responsible for preparing market reports from data collection and analysis to allow stakeholders to make informed decisions. These reports are compiled from research, analysis, and interpretation of data involving markets, economies, customers, and finance.

The main role of a research analyst is to study previous and existing market conditions to derive actionable insights to be used in formulating strategies for the future. Most of these professionals work in management, finance, insurance, and wholesale trade companies.

Research Analyst Job Description

A research analyst’s job involves transforming raw data into actionable insights on behalf of a company or organization. They conduct research and examine historical data from various sources. They also validate data to ensure its accuracy.

Using mathematical and statistical models, these professionals analyze data to find patterns that might reveal business opportunities. After the analytical process, they compile their findings in reports and presentations to facilitate decision-making by stakeholders. Because the job pays well and requires little interaction with clients, we consider the research analyst position to be one of the best non-customer-facing jobs .

Research Analyst Salary and Job Outlook

The job outlook for research analysts is fairly promising. The US Bureau of Labor Statistics (BLS) estimates that the job prospects for market research analysts will improve by 22 percent over the next decade as demand for related services increases. This means that you are likely to enjoy many employment opportunities in this role.

These opportunities also come with respectable salaries. According to BLS, the median salary for market research analysts is $65,810 per year. This figure is high considering the national average salary for all occupations is about $56,310 .

Top Reasons to Become a Research Analyst in 2021

There are plenty of reasons why you should consider pursuing a career as a research analyst. Apart from increased demand, pursuing a career in this field means you can enjoy reasonably high salaries, better than the national average. Here are more reasons why you should consider a career as a research analyst.

A research career can be rewarding. There is a lot of job satisfaction that comes with using analytics to help businesses take advantage of market opportunities.
Research analysis is a diverse field with numerous opportunities. Research is a broad field that cuts across several disciplines including arts, humanities, engineering, and life sciences. This means that you will have many employment opportunities.
This field has many talented workers to help expand your network. These professionals have many opportunities to expand their professional networks and improve their overall career development.
Little experience is required for entry-level positions. According to a recent survey on Glassdoor, about 48 percent of research analyst jobs require less than a year of job experience . It is possible to complete your training and land a full-time job with little to no work experience.

Research Analyst Job Requirements

A research analyst’s job requirements vary across different industries and organizations. However, you need strong math and statistical skills to work in related positions. Below are a few standard job requirements for research analysts.

Bachelor’s or master’s degree in a related discipline. Most employers prefer hiring candidates with a Bachelor’s Degree in Statistics , Math, or a related discipline. Senior positions may require a master’s degree.
Experience. Most entry-level positions do not require candidates to have experience. However, mid-level or senior positions may require a minimum of two to four years of experience in conducting research.
Strong analytical and critical thinking skills. The ability to conduct financial analysis and build predictive models is essential. Additionally, critical thinking comes in handy when evaluating and interpreting data from various sources.
Excellent presentation skills. These skills are important because an effective analyst is someone who can present their findings in a way that effectively communicates the message to stakeholders.

Types of Research Analyst Careers

The versatility of this field means that there are several types of research analyst careers. These professionals can work in many sectors, including healthcare, technology, marketing, finance, government, and management, among others. Consider the following research analyst job titles.

Market Research Analyst

Market research analyst jobs involve studying market conditions to determine potential sales of a product or service. These analysts conduct market research and gather information on past and present market conditions. This data is used to create marketing strategies for the future.

Financial Analyst

Financial analysts often work for banks or insurance companies. As an important cog in the investment industry, they draw insights from financial data and send their reports to investment firms. They examine bonds, stocks, securities, and other financial instruments to help businesses make informed decisions about spending money to make a profit.

The best way to be successful in this finance career is by passing the three-part Chartered Financial Analyst (CFA) exam from the CFA Institute.

Operations Research Analyst

To become an operations analyst , you need advanced skills in math and statistics. Like market research analysts, operations research analysts gather and interpret data to solve complex issues that arise in business operations. This helps businesses be better prepared for the future.

Research Analyst Meaning: What Does a Research Analyst Do?

A research analyst is principally responsible for research, data collection, interpretation, and making recommendations based on research findings. Their job duties vary, but it all boils down to processing raw data and generating actionable business insights. Below are a few typical duties of a research analyst.

Leads Data Research

These professionals must conduct research, which involves evaluating data from various sources. These might include internal databases, historical sources, and consumer reports. They also validate the accuracy of the data to provide meaningful and credible information.

Analyzes Raw Data

Research analysts use statistical and mathematical modeling to derive patterns that may reveal business opportunities. These experts must be able to analyze raw and processed data.

Presents and Interprets Data

Presenting data is often done through reports and presentations, which provide insights. The purpose of a typical report is to interpret data and explain it to stakeholders from a business perspective.

Essential Research Analyst Skills

Research analysts require several hard and soft skills to excel in their jobs. Although these skills might vary with the seniority of the job, these professionals work with numbers and raw data to provide actionable insights. Below are a few essential research analyst skills and competencies.

Mathematical and Statistical Skills

These skills are important as they help with the bulk of the work. As a research analyst, you need to be able to work with data using several statistical and mathematical models.

Research, Fact-Checking, and Validation Skills

These skills come in handy when validating data and its sources. If the information lacks accuracy and credibility, the results of the analysis will be meaningless.

Communication, Presentation, and Writing Skills

Communication skills are essential when presenting and interpreting the findings from data collection and analysis.

How Long Does It Take to Become a Research Analyst?

It will take you about four to seven years to become a research analyst. Most related positions require candidates to have a bachelor's degree . However, some positions might require more advanced education, such as a master’s degree, which takes two to three years to complete.

Can a Coding Bootcamp Help Me Become a Research Analyst?

Yes, a coding bootcamp can help you become a research analyst. Many top coding bootcamps offer data analytics programs and other related courses in addition to programming courses. Many professionals who seek an alternative to a university education enroll in a coding bootcamp that offers programs in data analytics.

Such coding bootcamps are worth it , considering the reasonably lower cost of education and time needed to complete these programs. Besides, most of these schools offer career placement services, which help in building job experience. For such reasons, consider enrolling in one of the best data analytics bootcamps .

Can I Become a Research Analyst from Home?

Yes, you can study to become a research analyst from home, either by taking the best data analytics courses online, enrolling in an online bootcamp, or finding an online degree program. As long as the program you find is available in your area and well-reviewed, you can learn research analysis a few hours at a time, in between other tasks.

How to Become a Research Analyst: A Step-by-Step Guide

There are several paths to becoming a successful research analyst. The best one is by completing a bachelor’s or master’s degree in a related field. Work experience may also be necessary for higher-level positions. In addition, you can earn relevant certifications such as the Certified Research Analyst (CRA) to increase your marketability.

Consider the following steps to become a research analyst.

Step 1: Earn a Degree in a Relevant Field

You should consider earning a Bachelor’s or Master’s Degree in Marketing, Math, Statistics, Business Administration, Data Science, or Market Research. Most research analyst positions require candidates to have a degree in one of these fields.

Step 2: Increase Work Experience

Employers prefer hiring professionals with job experience. For this reason, consider internship programs or entry-level research analyst roles to prepare you for mid-level or senior job opportunities.

Step 3: Advance Your Education Through Certifications

Passing certification exams enables you to join an elite group of professionals who have demonstrated excellent research skills. This significantly increases your marketability, meaning you’ll be able to land research analyst positions that offer higher than average market salaries.

Best Schools and Education for a Research Analyst Career

Several education paths and schools can set you on a path to becoming a research analyst. The best education program for these professionals is a bachelor’s degree. However, there are other options available. We have listed these education paths below.

Research Analyst Bootcamps

Coding bootcamps offer programming-related courses designed to help you launch your tech career. Many of these schools also offer programs in statistics, data analytics, and other related fields for aspiring research analysts. Such bootcamps include Thinkful , Le Wagon, General Assembly, Ironhack, and Coding Dojo.

Vocational School

Vocational schools offer training programs designed to equip students with skills to work in a specific trade. Unfortunately, there are few schools offering research analysis programs because this is a technical field typically associated with academic institutions of higher education.

Community College

A community college is an educational institution that confers associate degrees . An associate degree will enable you to join a four-year program at a university. However, you can also use this degree to pursue entry-level opportunities. Many of the best community colleges in the United States offer data analytics programs.

Research Analyst Degrees

The best way to become a research analyst is by earning a Bachelor’s or Master’s Degree in Business Administration, Math, Statistics, or a related field. Employers typically prefer candidates with undergraduate degrees from universities, whether that be a prestigious private university like Harvard or a respected state college like Penn State.

The Most Important Research Analyst Certifications

Certifications are a great way to pick up new skills while proving your proficiency. Certifications look amazing on a research analyst resume, enabling you to impress your future employer and land jobs with better salaries. Below are important research analyst certifications you should consider.

Certified Research Analyst (CRA)

This certification is ideal especially for new research analysts looking to launch their careers because it is designed for those with no experience. It covers everything you need to know about market research and the tools used. This certificate costs about $530.

Certified Research Expert (CRE)

This certification includes online training for professionals looking to distinguish themselves as market research specialists. However, you need to have a year's worth of experience before enrolling in this program. It costs about $600.

How to Prepare for Your Research Analyst Job Interview

Technical interviews can be tricky, especially without proper preparation. However, going through interview questions is a great way to get ready for your interview.

Below are some sample questions that you should review when preparing for your research analyst job interview.

Research Analyst Job Interview Practice Questions

How would you begin a newly assigned research project?
There are five people in a given room. Each chooses a random number from one to ten. What is the probability that three or more people have the exact same number?
How do you ensure a research analysis project is delivered on time?
Describe the most challenging project that you’ve worked on.

Should I Become a Research Analyst in 2021?

Yes, you should consider a career as a research analyst, especially if you have strong math, statistics, and analytical skills . The job outlook for these professionals is promising, with the job demand set to increase over the next decade. You will have a wide range of employment opportunities and a higher-than-average annual salary to look forward to.

Explore other careers

Physician Assistant
Information Security Analyst
Optometrist
Legal Nurse Consultant
Sales Engineer
Sales Development Representative
Nutritionist
Scrum Master
Quality Assurance Manager
Ophthalmic Technician
Network Architect
Test Engineer
Account Representative
Cyber Security Analyst
Entrepreneur
Phlebotomist
Music Producer
Registered Nurse
Angular Developer
Staff Engineer
Audiologist
Occupational Therapist

Research Analyst Roles and Job Description

View all blog posts under Articles | View all blog posts under Online Master of Science in Business Analytics

A research analyst monitors data on several screens.

Research analysts are known as data crunchers. They’re skilled in gathering, analyzing and working with data to improve efficiency, profitability and savings for companies and organizations in many industries. They’re also effective communicators; they present the data in an understandable format for business decision-makers.

Simply put, data is at the core of research analyst roles and responsibilities.

Why is data so vital today?

A look at some revealing statistics about data usage worldwide can provide some perspective on the growing importance of data:

The world created 41 zettabytes of data in 2019, according to a Statista report; 1 ZB is about a trillion gigabytes.
Worldwide, the number of bytes, a unit of measure for data, is 40 times higher than that of the stars in the universe, according to the World Economic Forum.
Seagate reports that by 2025, the world will have created 175 ZB of data.

These statistics provide a glimpse of how data is embedded into the fabric of modern society. Data is critical to business success, too. The ability to harness its power provides businesses with competitive advantages.

A look at the most valuable brands in the world reveals how data has transformed global commerce. According to Visual Capitalist, the top-four most valuable brands include the following:

Amazon, valued at $220 billion
Google, valued at $160 billion
Apple, valued at $140 billion
Microsoft, valued at $117 billion

A common thread among these companies is that data is foundational to their businesses. These companies are the most active and largest hyperscale data center companies in the world, each investing upwards of $1 billion for a single data center campus, according to Data Center Frontier. Hyperscale data centers are massive facilities full of racks, technology and equipment that house the very data that drives the digital transformation of commerce and society.

The digital transformation, also known as digitization, represents unprecedented opportunities for businesses. By acquiring essential insights from data, companies can improve their products and services. They can also change how they operate and interact with customers, contributing to a healthier bottom line. There’s even a catchphrase used to describe the growing influence of data in the business world — “data is the new oil.”

The metaphor speaks to data’s role in transforming society and the global economy. Still, there are clear differences between oil and data. For one, oil is a natural resource requiring extraction, a process that makes up to 57 percent of costs incurred for oil and gas producers, according to Towards Data Science. Extracting data isn’t nearly as costly. However, like oil, data must be refined so that it can add value to businesses. A vital part of research analyst roles and responsibilities, processing data is essential to uncovering its value to businesses.

How do research analysts extract value from data? Expanding on the metaphor, oil refineries process crude oil through an industrial process to make useful products, such as gasoline, plastics and jet fuel. For raw data to be processed, it requires human ingenuity and technology, such as Python, R and SQL programming languages. Part of the research analyst’s toolkit is to use quantitative modeling and data-mining methods and tools to reveal the business value in data.

Ninety-four percent of enterprises consider data and analytics critical for business growth and digital transformation, according to a recent Forbes article. Businesses understand the critical role data plays in ensuring their success, so they invest in people and technology to collect more of it from the Internet, databases, search engines, social networks, mobile phones and smart devices. These trends are creating new career opportunities for individuals interested in using their analytical, technical and business skills and advancing their education to help companies and organizations improve their products, operations and effectiveness.

What Is a Research Analyst?

Research analysts are professionals who work with data in both private and public organizations. Data in and of itself has no intrinsic value until a data analytics professional, such as a research analyst, makes sense of it. They put data to good use for business purposes, such as identifying sales opportunities or market trends.

Research analysts understand the strategic value of different types of data, including unstructured data and big data. Their expertise in collecting, analyzing and translating data into valuable insights offer businesses a competitive advantage in the marketplace. A research analyst’s role is critical to helping organizations reach their business aims, including improved efficiency and operational performance.

What Does a Research Analyst Do?

Research analyst roles and responsibilities include a host of activities to transform raw data into valuable business insights. The following activities are typical for research analyst roles:

When research analysts conduct research, they look at historical data from various sources, including internal databases, such as financial, accounting and sales systems. At this point, the data is typically in raw form. Research analysts examine and validate the accuracy of the data to ensure that it produces meaningful information.
Analyze data. Upon collecting the data, research analysts use mathematical, statistical and analytical models to find patterns that may reveal business opportunities. For example, the data may uncover a fundamental flaw in how a company interacts with its customers, creating negative experiences. With the data in hand, research analysts help develop potential solutions to improve the ways the company interacts with its customers, opening opportunities for additional sales.
Present data. Research analyst roles and responsibilities include compiling information drawn from the data to help managers see the business value. Research analysts prepare communications, such as reports and presentations, to provide insights on what the data reveals to facilitate decision-making.
Interpret data. In meetings and during conference calls, research analysts interpret data, demonstrate what they’ve learned and explain its value from a business perspective.

In addition to these activities, research analysts design methods and strategies to capture, store and manage data. They also help implement analytics tools, a driving force behind the growth of the data and business analytics industry. According to IDC, it’s valued at around $189 billion as of 2019 and projected to grow by double-digits through 2022.

This tool selection process typically involves determining which technologies best fit the needs of the business. Popular open-source tools include BIRT, Matomo, OmniSci and Apache Zeppelin. In determining the best tools, research analysts often have to work closely with technology vendors and other stakeholders. Other important elements of the job include ensuring the effective management, protection and governance of data, working together with data security experts.

Research Analyst Skills and Education

Research analyst roles and responsibilities vary across different organizations and sectors, but at a minimum, strong math and statistics skills are required. Through sophisticated data-driven mathematical models, analysts derive useful information to help achieve business goals, from improving performance to cutting costs.

Still, research analysts do more than work with numbers and raw data all day. They also interact with other analysts and share their findings with business decision-makers through presentations, face-to-face meetings and reports.

The following is a sampling of research analysts’ essential competencies and skills:

Mathematics and statistics skills to work with the data and develop models
Ability to recognize patterns to find useful information in the data that’s sometimes unstructured
Research, fact-checking and validation skills to ensure valid data sources and verify accuracy
Analytical and critical thinking skills to find value and understand what’s in the data
Communication, presentation and writing skills to present findings derived from the data
Financial skills to calculate the financial performance of companies, especially in accounting and finance operations
Focus and organization to work on multiple tasks and projects
Interpersonal skills to build relationships with teams from other departments
Knowledge of the company’s business to understand customer behavior and market trends relevant to the company’s industry
Technology skills to work with various research, data analytics, modeling and predictive tools, as well as business productivity software
Forecasting to determine future trends, often presented in charts, infographics and other visual aids
Problem-solving to address the challenges of data collection and analysis, as well as help guide decision-makers toward solutions that resolve issues revealed in the data

Research analysts typically have bachelor’s degrees in a business-related field. However, depending on the industry, a master’s degree may add value to their career prospects, especially if they’re aiming for senior research analyst roles. Because research analysts work across many industries, formal education or experience relevant to the sector they work in may offer additional advantages for advancement. For example, a research analyst working in the oil and gas industry could benefit from knowledge about energy and climate policy.

Research Analyst Careers

The versatility of the role means that there are various types of research analyst careers available. Research analysts can work in technology, marketing, health care, finance, government finance, public policy, management consulting, aviation and other industries.

Job titles for research analysts can vary based on the industries of their employers. For example, research analysts working in an investment bank, a financial institution, a securities firm or an insurance company might be called investment analysts, financial analysts, securities analysts or insurance analysts. In financial organizations, the work of financial analysts involves examining, collecting and interpreting financial information to help make business decisions. Market research analysts and operations research analysts are also popular careers.

Market Research Analyst Career Path

Businesses want to understand who their customers are, what they need and their preferred method of buying. Market research analysts help them get a better picture of their customers through data. Market research analysts work for various types of organizations, examining market conditions and helping determine opportunities to grow sales of products or services.

Competitor researching, price analysis, and investigating sales and marketing processes enable market research analysts to provide critical business information that provides competitive advantages. Market research analysts use their knowledge about customer behavior to explain the benefits and shortcomings of their employers’ products or services. For example, they can present the data that shows what customers are buying and at what price.

This type of information is useful for companies to align their product and service offerings with consumer preferences. Data from market research analysts also helps marketing directors determine appropriate marketing, sales and content strategies.

On a typical day, market research analyst roles and responsibilities include the following:

Gathering and analyzing data on market trends and consumer demographics, customer needs, and people’s buying habits to create forecasts and help optimize marketing efforts
Using a combination of traditional methods, such as focus groups and questionnaires, statistical techniques, modeling and analytics software
Interpreting findings to determine pricing strategies, forecast future trends, and help develop targeted marketing strategies and tactics
Assessing the impact and performance of marketing programs and strategies and working with sales and marketing teams to develop solutions
Creating tables, graphs, reports and presentations to present their findings to senior managers and clients
Collecting and analyzing data on demographics, customer preferences, market needs and consumer buying habits
Developing and refining processes for data collection and analysis

Market research analysts are in high demand; the U.S. Bureau of Labor Statistics (BLS) projects the field to grow by 20 percent between 2018 and 2028. Entry-level candidates typically have a bachelor’s degree in market research, business administration, statistics, math, communications or computer science. A master’s degree may create opportunities to advance to an organization’s highest levels.

Many market research analysts begin as field researchers for market research agencies. Then, they progress to serve in client-facing roles and project management roles. However, career paths in market research aren’t always straightforward, thanks to the many specialized disciplines available: technology, marketing and big data, to name a few.

The BLS reports a median annual salary of $63,790 for market research analysts in 2019. According to U.S. News & World Report , market research analyst is ranked No. 8 in the Best Business Jobs category. The position is also given a high ranking for advancement and salary by professionals in the field.

Operations Research Analyst Career Path

Operations research analysts are problem-solvers. Organizations turn to operations research analysts for critical decisions that can affect the success of their operations. Operations research analysts can help corporations, manufacturing firms, airlines, technology companies, government agencies, and other businesses and organizations. They work with business leaders to tackle problems that lead to reduced operational costs, improved efficiency and increased profitability.

At an airline, for example, an operations research analyst might look into the shipping operation of an airline to help improve logistics. Logistics describes management of the flow of resources, equipment, people and supplies between different facilities or destinations.

At a food and beverage manufacturer, an analyst might investigate whether the materials or processes used in the production of goods indicate patterns of waste. The analyst can identify areas where improvements can generate more products more efficiently and achieve cost-savings for both the company and its customers.

Operations research analysts uncover value from data that can lead to improvements in the productivity of processes, machines and people. Research analysts can also leverage data to help:

Improve interactions with consumers to meet growing demands for better and faster service
Accelerate manufacturing and distribution to ensure the availability of products
Ensure accuracy in operating processes and machines to minimize errors, which can be costly

Thanks to operations research analysts and their skill in applying mathematical models and statistical analysis and the use of sophisticated data analytics tools, organizations can address the pressing challenges created by a global marketplace.

On a typical day, operations research analyst roles and responsibilities include the following:

Identifying opportunities to help organizations operate more efficiently and lower costs
Developing models to ensure sufficient inventory to meet market demands
Using optimization and data mining tools, conducting statistical analysis, and developing mathematical models
Advising business leaders on the costs and benefits of taking a course of action
Collecting data from various sources, including internally from workers with specialized knowledge or who experience an issue needing a solution
Examining data and running simulations to identify patterns that may reveal future trends

The path to becoming an operations research analyst begins with education. Entry-level candidates typically have a bachelor’s degree in business, math or engineering. A master’s degree may create opportunities to advance to the highest levels. Many begin their careers as analysts, then progress to become senior analysts or directors of a team or department.

The BLS reports a median annual salary of $84,810 for operations research analysts in 2019. U.S. News & World Report ranks operations research analyst No. 4 in the Best Business Jobs category, with above average advancement and salary reported by professionals in the field. The demand for operations researchers is expected to increase dramatically, according to the BLS, with 26 percent growth projected between 2018 and 2028.

Embark on a Career in Research Analytics

Employers are looking for knowledgeable research analysts to help solve complex problems and make better business decisions. For individuals seeking roles in operations research or market research, honing their research, analytical, technology and mathematical skills can help garner the attention of these employers. Explore how the online Master of Science in Business Analytics program offered by the Robert H. Smith School of Business at the University of Maryland can prepare you for a successful career as a research analyst.

Get More Information.

The Smith Difference is designed to bring your career goals within reach with our personalized resources and quality education.

Research Analyst Job Description [Updated for 2024]

In the data-driven era, the demand for research analysts is at an all-time high.

As the information landscape continues to evolve, the need for skilled professionals who can investigate, interpret, and apply complex data becomes more crucial.

But let’s delve deeper: What’s truly expected from a research analyst?

Whether you are:

A job seeker trying to understand the core of this role,
A hiring manager outlining the perfect candidate,
Or simply fascinated by the intricate world of research analysis,

You’ve come to the right place.

Today, we present a flexible research analyst job description template, designed for effortless posting on job boards or career sites.

Let’s dive right into it.

Research Analyst Duties and Responsibilities

Research Analysts employ a detail-oriented approach and strong analytical skills to gather and interpret data in various fields.

Their work informs business decisions and policy making, making them integral to many industries.

They have the following duties and responsibilities:

Design and implement research methodologies and data collection plans
Analyze data using statistical software and techniques
Prepare reports and presentations of findings, illustrating data graphically and translating complex findings into written text
Communicate results and findings to management and clients through clear and concise data reports and presentations
Track and monitor progress of data collection
Identify trends, patterns and insights within the collected data
Coordinate with team members and other analysts to complete projects
Follow strict data privacy and confidentiality protocols
Stay informed about industry trends and research methods

Research Analyst Job Description Template

We are seeking a detail-oriented Research Analyst to aid us in the interpretation of complex data and provide actionable insights.

The Research Analyst will be responsible for designing and implementing research projects, analyzing data, interpreting results, and making recommendations based on their findings.

Our ideal candidate has a strong analytical mindset, exceptional problem-solving skills, and the ability to present information in a clear and concise manner.

Responsibilities

Conduct thorough and accurate research using various techniques and tools
Analyze and interpret statistical data and provide reports that identify trends and insights
Present research findings to internal teams and clients
Assist in making informed business decisions by providing data-driven insights
Collaborate with team members and other departments on research projects
Stay updated on industry trends and advancements in data analysis
Maintain accurate records of research methodologies and data analysis

Qualifications

Proven experience as a Research Analyst or similar role
Strong analytical skills with the ability to collect, analyze, and interpret large datasets
Knowledge of statistical analysis software (SPSS, SAS, etc.)
Familiarity with CRM programs
Demonstrable ability to report on research findings clearly
Ability to work in a fast-paced, deadline-driven environment
A degree in Statistics, Mathematics, Economics, or a related field
Health insurance
Dental insurance
Retirement plan
Paid time off
Professional development opportunities

Additional Information

Job Title: Research Analyst
Work Environment: Office setting with opportunities for remote work. May require occasional travel for field research.
Reporting Structure: Reports to the Research Manager or Director of Research.
Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
Pay Range: $65,000 minimum to $95,000 maximum
Location: [City, State] (specify the location or indicate if remote)
Employment Type: Full-time
Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

What Does a Research Analyst Do?

Research Analysts are primarily employed in various sectors such as finance, marketing, operations, or policy research firms, among others.

They can also work as independent consultants.

Their primary responsibility is to gather and interpret data to help companies make informed decisions.

This involves conducting extensive market research, analyzing industry trends, and studying the competition.

A Research Analyst uses statistical tools and software to analyze data and report their findings.

They create detailed reports and presentations that help businesses understand the data and use it to their advantage.

Their job may also include designing and conducting surveys or focus group sessions, depending on the type of research required.

They may also need to use predictive modelling to foresee future trends.

Research Analysts work closely with a team of other analysts, managers, or clients to determine the research objectives, plan the research process, and present the findings.

They are also responsible for ensuring the accuracy of the data collected and maintaining the confidentiality of sensitive information.

A significant part of their role involves staying updated with the latest industry developments and trends, and incorporating those insights into their research.

Research Analyst Qualifications and Skills

A proficient research analyst should possess the skills and qualifications that align with your job description, such as:

Analytical skills to understand large amounts of data and information, and derive meaningful insights from them.
Attention to detail and organizational skills for accurate collection, examination and reporting of data.
Strong knowledge of statistical analysis tools, data interpretation techniques and data gathering methods.
Excellent communication skills to present findings, explain their implications and influence decision-makers.
Problem-solving skills to address complex research challenges and provide solutions.
Ability to work independently and collaboratively with a team, managing multiple projects and deadlines effectively.
Technical skills to use software and technologies related to data analysis and research.
Knowledge of the industry to understand the context and relevance of research findings.

Research Analyst Experience Requirements

Research Analysts usually start their career with a bachelor’s degree in relevant fields like economics, finance, statistics, or a related field.

Some entry-level positions may require a year or two of experience, which can be gained through internships, academic research, or part-time roles in data analysis or market research.

Candidates with around 2-3 years of experience have often enhanced their analytical skills, data interpretation abilities, and experience with research tools and methodologies.

They may also have exposure to writing research reports and making presentations.

Those with over 5 years of experience are generally considered senior research analysts.

They may have developed their skills in project management, leadership, and strategic planning.

These individuals often have hands-on experience in designing and implementing research projects and have a deep understanding of statistical analysis tools.

They might also have advanced degrees such as a Master’s or PhD in a related field.

Some roles may even require research analysts to have specific industry experience to understand the unique market trends and challenges of that sector.

This might include fields like healthcare, finance, technology, or consumer goods.

Research Analyst Education and Training Requirements

Research Analysts usually possess a bachelor’s degree in a field related to their area of research.

Common fields of study include business, economics, statistics, mathematics, or a related discipline.

They must have a strong background in research methodology, data interpretation, and analytical tools such as SPSS, SAS, or R.

For more specialized or senior roles, a master’s degree or Ph.D. in a relevant field may be required.

These programs offer in-depth study and research opportunities, allowing analysts to specialize in a particular area of interest.

In addition to their formal education, Research Analysts often pursue professional certifications.

These might include the Chartered Financial Analyst (CFA) certification for those working in finance, or the Certified Market Research Professional (CMRP) certification for those in marketing research.

Continuous professional development is crucial in this role due to the ever-evolving nature of research methodologies and analytical tools.

Therefore, analysts are often expected to participate in workshops, seminars, or courses to stay up to date with the latest industry trends and advancements.

Finally, some employers might also prefer candidates with practical experience.

Internships or previous roles involving data analysis, report writing, or project management can be beneficial.

Research Analyst Salary Expectations

A Research Analyst can expect to earn an average salary of $59,611 (USD) per year.

The actual salary may vary based on factors such as the level of experience, field of research, location, and the size and type of the employing organization.

Research Analyst Job Description FAQs

What skills does a research analyst need.

Research Analysts need to possess strong analytical skills to interpret complex data and draw conclusions.

They should have excellent knowledge of statistical analysis software and databases.

Proficient writing skills are also necessary to present findings clearly.

In addition, they should have strong problem-solving skills to address research challenges and good communication skills to present their findings to stakeholders.

Do Research Analysts need a degree?

Yes, Research Analysts typically need a bachelor’s degree in a field relevant to their area of research.

This could include subjects such as economics, business, finance, statistics, or social science.

Many employers prefer candidates with a master’s degree or higher.

Specialized certifications like the Chartered Financial Analyst (CFA) credential can also be beneficial.

What should you look for in a Research Analyst resume?

A Research Analyst’s resume should demonstrate strong analytical skills, proficiency in statistical software, and a solid educational background in a relevant field.

Look for experience in conducting research, analyzing data, and preparing reports.

Any experience or familiarity with the specific industry relevant to the role should also be highlighted.

What qualities make a good Research Analyst?

A good Research Analyst is detail-oriented, ensuring accuracy in their findings and reports.

They are naturally curious, always looking for patterns and insights within the data.

They need to be able to work independently, manage their time effectively, and meet deadlines.

A good Research Analyst should also have excellent communication skills, as they will often need to present their findings to non-analytical audiences.

What is the career progression for a Research Analyst?

A Research Analyst can progress into more senior roles such as Senior Analyst or Research Manager, where they would oversee a team of analysts.

They may also specialize in a particular field and become a subject matter expert.

Additionally, they can transition into related roles such as Business Intelligence Analyst or Data Scientist with additional training and experience.

And there we have it.

Today, we’ve explored the complex and fascinating role of a research analyst.

It’s not just about crunching numbers.

It’s about shaping informed business strategies, one data point at a time.

With our comprehensive research analyst job description template and real-world examples, you’re ready to make your move.

But why stop at the surface?

Dig deeper with our job description generator . It’s your next step towards creating precision-crafted job listings or fine-tuning your resume to perfection.

Every data point contributes to the broader understanding.

Let’s shape those strategies. Together.

Reasons to Become a Research Analyst (Guide Business Decisions)

How to Become a Research Analyst (Complete Guide)

Disadvantages of Being a Research Analyst (Analyzing Agony Awaits!)

Ease into Earnings: The Ultimate Guide to Low-Stress Careers

The Robot Job Rush: Is AI Coming for Your Career?

Market Buzz: The Top Trending Jobs Making a Splash

The Pressure Pot: Jobs That Cook Up Stress Daily!

The Editorial Team at InterviewGuy.com is composed of certified interview coaches, seasoned HR professionals, and industry insiders. With decades of collective expertise and access to an unparalleled database of interview questions, we are dedicated to empowering job seekers. Our content meets real-time industry demands, ensuring readers receive timely, accurate, and actionable advice. We value our readers' insights and encourage feedback, corrections, and questions to maintain the highest level of accuracy and relevance.

Yard Jockey Job Description [Updated for 2024]

Agricultural Marketing Specialist Job Description [Updated for 2024]

Media Manager Job Description [Updated for 2024]

Doctor Job Description [Updated for 2024]

Claims Processor Job Description [Updated for 2024]

Technical Business Analyst Job Description [Updated for 2024]

Resume Builder

Resume Experts
Search Jobs
Search for Talent
Employer Branding
Outplacement

Equity Research Analyst Job Description

Equity research analyst duties & responsibilities.

To write an effective equity research analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included equity research analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Equity Research Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Equity Research Analyst

List any licenses or certifications required by the position: CFA, CPA, CMA

Education for Equity Research Analyst

Typically a job would require a certain level of education.

Employers hiring for the equity research analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Accounting, MBA, Business, Graduate, Engineering, Finance/Accounting, Education, Mathematics

Skills for Equity Research Analyst

Desired skills for equity research analyst include:

Desired experience for equity research analyst includes:

Equity Research Analyst Examples

Microsoft Word (.docx) .DOCX
PDF Document (.pdf) .PDF
Image File (.png) .PNG
Have ideally developed knowledge and understanding of the A/H-share market within the healthcare sector
Conduct independent research and fundamental analysis for assigned industry and country coverage but to initially work under the guidance of a senior PM/Analyst in the first year
Provide written and oral presentations of investment recommendations or forecasts to the team while keeping the team updated on a regular basis of any changes to the recommendations or forecasts
Have strong teamwork and communication skills
Conduct company research, analysis and recommendations on non-covered equity holdings at Fiduciary
Expand or improve upon the stock screening tool to cross-check or find new stock recommendations
Create company snapshots summarizing stock recommendations, which can be used for clients and prospects
Have +7 years of experience in equity research with strong client votes or vote momentum
Have a university degree a relevant discipline (finance, accounting, or engineering degrees in particular are preferred)
Have material knowledge of the technology industry
Must have at least 1 years working experience in buy or sell-side research, investment banking or private equity
Minimum 7 years of experience in buy-side equity research
Strong collaboration skills and effective in a team environment
University degree (finance
Bachelor's degree in Finance ore related field
Minimum 5 years of direct experience in primary company research and equity recommendation process
Have material knowledge of industrial products industry
Proactively provide portfolio managers with timely stock ideas, using various fundamental, technical and quantitative techniques
Complete detailed company analysis, including the building of proprietary earnings, forecasts and expected return models
Prepare written research reports on companies for presentation to the portfolio manager
Develop investment analysis relevant to members of the Emerging Markets equity team while providing useful feedback and participating in discussions regarding analysis produced by other members of the team
Evaluate current and long-term trends across several industries
Prepare internal departmental productivity reports
Some administrative tasks including (1) collection and accumulation of key data
The approach will be to discover alpha generating ideas from the ground up, include financial statement analysis, financial modeling, comparable company analysis assessment of industry and macroeconomic trends
This is an opportunity for extensive stock coverage and increased internal and external exposure
Strong understanding of securities and investment process
Ability to speak/read/write Mandarin is essential
CFA and/or post graduate degree preferred
The ideal candidate should be eager to learn, be self-motivated, and have a passion for the markets
Ability to understand technological developments and explain them in simple terms, be able to draw implications for companies in the industry
Minimum 5 years equity research experience
Issue tracking and follow up issues identified by BA and Development team
Maintain regression test pack to be up to date
Have tertiary qualifications in finance, accounting, engineering or a quantitative discipline
Have at least 3 years' equity research experience, ideally Autos sector from sell-side firms
Supports clients on data queries
Supports company's descriptive data like Business summary and other Textual information
The job also involves reporting and maintenance of record of work done
Strong quantitative backgrounds (may have credentials such as the CFA, ACA or CPA)
Be able to proactively build good relationships and enjoy communicating at all levels with sales teams and clients
Be fluent in spoken and written English and Japanese (native level)
Ability to build and analyze detailed financial model
Demonstrated analytical thinker with the ability to contribute actively to team discussions
Ability to multi-task and prioritize various requests or assignments
Substantial experience in Equity Research, specializing in the Retail sector
Capital Goods and/or Industrials or adjacent sector experience preferred
Experience of working within Equity Research, Corporate Finance/ M&A or audit from a large accounting firm with a focus on Financial Services Sector
Examine trading, operational and technology issues impacting global listed derivatives markets
Author monthly studies of the equity derivatives markets globally
Research and write about market structure issues affecting the equity derivatives markets
Provide both spontaneous and long term analysis of the equity derivatives markets to the firm’s clients
Represent the firm at industry and company sponsored conferences and forums
Join a focused industry group and work closely with the Senior Analyst responsible for that sector
Provide quantitative support for industry- and company-specific research and assist in the preparation of financial models, written reports, and field research
Write reports and communicate findings
Attend company-sponsored conferences
Interact with covered company management (CEOs, CFOs)
Substantial experience in Equity Research, specializing in the Banks sector
University graduate with minimum 5 years of application support experience in investment banking environment/financial institution
Experience in supporting research application system Factset, Factset Partners, Factset Target Distribution
Knowledge of market data and financial models will be advantage
Good knowledge in UNIX and Windows operating environment
Willing to learn and able to adapt to different technologies
Have up to 4 years of relevant work experience covering the Singapore market is highly preferred
Interact directly with business partners at all levels of the organization to define, analyze and document requirements, set priorities, Act as a champion for the needs of the business partners and a trusted advisor
Provide input into system design to help the programming teams define effort and implementation schedules
Ensure quality of product by enforcing high standards in testing and building audit/validation controls
Act as an escalation point person for support issues that require detailed analysis and management
Provide regular status reporting and issue tracking
Have at least 3 years' equity research experience, ideally from sell-side firms
Work in teams to cover group of 15+ stocks
Join a focused industry group and work closely with Analysts
Provide quantitative support for industry- and company-specific research and assist with field research
You will be sitting with other quant analysts on the quantitative equity team
You will be able to experience, develop and implement these yourself
You should have a PhD degree in a quant subject such as Statistics/ Maths/ Computer Science etc
Important to have a background in time series analysis , statistics , digital signal processing , portfolio theory or applied mathematics
Able to demonstrate an interest in modelling and implementing quantitative equity strategies and of equity data such as market and fundamental company data
Programming is an intergral part of this job so you should be able to code in either Python , C++, C , C# or Matlab

Related Job Descriptions

Create a Resume in Minutes with Professional Resume Templates

I am an Employer

I am a candidate.

What is a research analyst, research analyst job description, research analyst roles and responsibilities, research analyst job requirements, research analyst career path, how to become a research analyst, research analyst skills , research analyst salary, research analyst job outlook, how to crack a research analyst interview, choose the right course, research analyst job description: unlocking insights [2024].

Are you looking for a lucrative career opportunity? Are you interested in joining a field with a strong future job outlook? Consider embarking on a career as a research analyst. Research analysts enable organizations to make data-driven decisions by analyzing market research and extracting valuable insights. Their expertise in maximizing the potential of data has made them invaluable assets in various sectors.

The demand for skilled professionals in this area is expected to rise significantly in the coming years, and the compensation offered is notably higher than the national average. Numerous compelling reasons exist to investigate the path to becoming a research analyst.

A research analyst, often referred to in specific sectors like finance, market research, or data analysis, gathers, interprets, and uses various data to help decision-making processes. Their work can span several industries, including finance, marketing, economics, healthcare, and more. Here's a breakdown of what a research analyst does:

Data Gathering: They collect data from various sources, such as financial reports, databases , surveys, or relevant industry-specific sources.
Data Analysis: They use statistical tools and models to identify trends, patterns, and insights. This process often involves the use of specialized software for quantitative analysis.
Report Writing: They compile their findings into reports, presentations, or dashboards. These reports typically include visual data representations like charts and graphs, written summaries and analysis to make the information accessible to stakeholders.
Making Recommendations: Research analysts may predict future trends and offer recommendations to their clients or employers based on their analysis. These recommendations can guide strategic planning, investment decisions, policy formulation, or marketing strategies.
Staying Informed: Research analysts must stay up-to-date with industry trends, economic conditions, and technological advancements relevant to their field of specialization. Continuous learning is a key part of their role.
Specializations: Depending on their field, research analysts may have specific titles, such as financial analyst, market research analyst, operations research analyst, or data analyst . Each specialization focuses on particular types of data and serves different business needs.

Here’s what a Research Analyst Job description looks like:

Job Title: Research Analyst

Job Summary: The Research Analyst collects, analyzes, and interprets data to help the company make informed decisions. This role involves conducting market research, analyzing financial data, identifying trends, and preparing reports contributing to the organization's strategic planning and operational efficiency.

Key Job Responsibilities of a Research Analyst:

Collect data from various sources, including public databases, financial reports, and surveys.
Analyze data using statistical tools and analytical methods. Interpret data sets and identify trends, patterns, and insights relevant to the company's goals.
Prepare detailed reports and presentations that summarize findings and analysis.
Provide insights based on data analysis to support department decision-making processes.
Work closely with other departments to understand their data needs and assist in data-driven decision-making.
Manage research projects from conception to completion, ensuring they are delivered on time and within budget.

Skills and Qualifications:

Bachelor’s degree in Economics, Statistics, Mathematics, Business Administration, or a related field. A Master’s degree is preferred for advanced positions.
Proven experience in a research analyst role or similar position.
Strong analytical and problem-solving skills.
Proficiency in statistical software (e.g., SPSS, SAS) and Microsoft Office Suite, especially Excel.
Excellent communication and presentation skills.
Attention to detail and accuracy.
Ability to work independently and as part of a team.
Time management skills and handling multiple projects simultaneously.

Work Environment and Physical Demands:

This is primarily an office-based role.
May require occasional travel to conduct field research or attend conferences.

Career Path:

Research Analysts can advance to senior analyst positions, research managers, or specialized roles depending on their expertise and interest.

Our Data Analyst Master's Program will help you learn analytics tools and techniques to become a Data Analyst expert! It's the pefect course for you to jumpstart your career. Enroll now!

Data Collection: Gather data from diverse sources, including databases, surveys, interviews, and financial reports.
Data Analysis: Analyze data using statistical methods and software to uncover trends, patterns, and insights.
Reporting: Prepare detailed reports and presentations summarizing research findings, including charts, graphs, and written analysis.
Making Recommendations: Provide actionable recommendations based on data analysis to guide decision-making and strategic planning.
Market Monitoring: This will inform research and analysis and keep you abreast of industry trends, market conditions, and competitor activities.
Quality Control: Ensure the accuracy and reliability of data collected and analyses conducted.
Collaboration: Work closely with other departments or teams to understand their research needs and support them with data-driven insights.

The job requirements for a Research Analyst can vary depending on the field and employer, but generally, they include a mix of educational background, skills, and personal qualities. Below are the standard requirements you might find in a job listing for a Research Analyst:

Educational Background

Bachelor’s Degree: Required in Economics, Finance, Statistics, Mathematics, Business Administration, or a related discipline.
Master’s Degree: This is preferred or required for more advanced positions, especially in specialized fields like finance or market research.
Relevant Experience: Many positions require previous experience in research, analysis, or a related role. Entry-level roles may require less experience, but internships in relevant fields can be beneficial.
Industry-Specific Knowledge: Knowledge of a specific industry can be crucial for certain sectors, such as finance, healthcare, or technology .

Analytical Skills

Statistical Skills
Mathematical Skills

Technical Skills

Communication skills.

Critical Thinking Skills
Attention to Detail Skills
Problem-Solving Skills
Project Management Skills

Personal Qualities

Curiosity: A strong desire to learn and understand data, trends, and industry dynamics.
Independence: Ability to work autonomously on projects with minimal supervision.
Teamwork: Being able to collaborate effectively with other team members and departments.
Adaptability: Flexibility to adapt to new challenges, methodologies, and technologies.

Certifications

Certifications can be beneficial depending on the specific role and industry, such as Chartered Financial Analyst or Professional Certificate Course In Data Analytics .

The career path for a Research Analyst can be both rewarding and varied, offering numerous opportunities for advancement and specialization. Here’s a general overview of the career trajectory, from entry-level positions to senior roles, and potential avenues for further specialization:

Entry-Level Positions

Junior Research Analyst: This role starts by assisting senior analysts in data collection, preliminary analysis, and report preparation. It is a learning ground for mastering analytical tools and methodologies.
Data Analyst: Focuses on manipulating and analyzing data sets to support business decisions. Requires strong technical skills in data management and analysis software.

Mid-Level Positions

Research Analyst: With experience, analysts take on more complex projects, develop specialized knowledge in certain sectors or methodologies, and are responsible for entire research projects from start to finish.
Senior Research Analyst: This position leads research projects, manages junior analysts, and is key in decision-making processes. Senior analysts often have specialized knowledge in specific industries or types of analysis.

Advanced Positions

Lead Analyst/Research Manager: Oversees the research department or teams, setting research goals and strategies and ensuring output quality. Involves strategic planning and often direct interaction with senior management or clients.
Director of Research: At this level, the role involves more strategic oversight, resource allocation, and integration of research findings into the broader organizational strategy. It may also involve influencing policy or strategic direction based on research insights.

Specialization Opportunities

Industry Specialist: Becoming an expert in a specific industry (e.g., finance, healthcare, technology) allows analysts to provide deeper insights and more targeted analysis.
Methodology Expert: Specializing in certain research methodologies or types of analysis , such as qualitative research, econometrics, or data visualization.
Consultant: Many experienced analysts move into consulting roles to offer their expertise to businesses on a project basis.

Transitioning Roles

Moving into Executive Management: With substantial experience and a track record of impactful analysis, some research analysts transition into executive roles, such as Chief Information Officer (CIO) or Chief Strategy Officer (CSO), where they can shape company strategy based on data-driven insights.
Teaching and Academia: Some choose to share their knowledge through teaching at universities or engaging in academic research.

Becoming a Research Analyst involves a combination of education, skills development, and gaining relevant experience. Here is a step-by-step guide to start and advance in a career as a Research Analyst:

1. Obtain the Necessary Education

Bachelor’s Degree: Earn a bachelor's degree in a relevant field such as economics, finance, statistics, mathematics, business administration, or a related area. This is the minimum educational requirement.
Consider a Master’s Degree: For more advanced positions or to specialize in a particular area, consider obtaining a master’s degree in your field of interest.

2. Develop Essential Skills

Analytical Skills: Gain proficiency in analyzing data and extracting meaningful insights.
Technical Skills: Learn to use statistical software (e.g., SPSS, SAS, R, Python) and database management tools. Become proficient in Excel.
Critical Thinking: Practice critical thinking to assess information objectively and solve problems.

3. Gain Relevant Experience

Internships: Look for research or data analysis internships to gain practical experience.
Entry-Level Positions: Apply for entry-level positions such as Junior Research Analyst or Data Analyst to gain hands-on experience.

4. Build a Portfolio

Showcase Your Work: Assemble a portfolio of your research projects, analyses, and reports. Include any relevant coursework, projects from internships, or freelance work.

5. Obtain Certifications

Certifications: Depending on your field, consider obtaining certifications to demonstrate your expertise and commitment to the profession.

Become a Data Science & Business Analytics Professional

28% Annual Job Growth By 2026
11.5 M Expected New Jobs For Data Science By 2026

Data Analyst

Industry-recognized Data Analyst Master’s certificate from Simplilearn
Dedicated live sessions by faculty of industry experts

Professional Certificate Course in Data Analytics

Program completion certificate from E&ICT Academy, IIT Kanpur
Live masterclasses delivered by distinguished IIT Kanpur faculty

Here's what learners are saying regarding our programs:

Gayathri Ramesh

Associate data engineer , publicis sapient.

The course was well structured and curated. The live classes were extremely helpful. They made learning more productive and interactive. The program helped me change my domain from a data analyst to an Associate Data Engineer.

Dhanya krishna

Thank you for introducing us to Python and Data Science techniques. I appreciate the effort. All instructors were very knowledgeable and patiently answered all questions.

6. Network and Seek Mentorship

Professional Networking: Join professional organizations, attend industry conferences, and connect with professionals in your field through LinkedIn.
Mentorship: Seek mentors who can provide guidance, advice, and opportunities to advance your career.

7. Apply for Jobs and Advance Your Career

Job Search: Use job boards, LinkedIn, and your professional network to find research analyst positions.
Continuous Development: As you gain experience, continue seeking learning and professional development opportunities to advance to higher-level positions.

8. Consider Specialization

Specialize: Certain areas or industries may be particularly interesting or rewarding over time. Specializing in a niche can make you a highly sought-after expert.

A Research Analyst needs a blend of technical, analytical, and soft skills to succeed. Here's a comprehensive list of skills that are essential for Research Analysts:

Statistical Analysis: Proficiency in using statistical methods to analyze data.
Data Management: Ability to manage and manipulate large datasets.
Software Proficiency: Familiarity with statistical software (e.g., SPSS, SAS, R) and programming languages (e.g., Python, R) for data analysis.
Database Management: Understanding database systems and query languages (e.g., SQL).
Excel Skills: Advanced competency in Excel for data analysis and visualization.
Data Visualization: Skill in creating graphs, charts, and other visual representations of data using tools like Tableau or Power BI.
Survey Design and Analysis: Ability to design surveys and analyze survey data.
Critical Thinking: Analyze and evaluate an issue to form a judgment.
Problem-solving: The ability to discern intricate issues, analyze relevant information, formulate potential solutions, and execute effective resolutions.
Quantitative Analysis: Proficiency in applying quantitative techniques to solve business problems.
Report Writing: Ability to write clear and informative research reports.
Verbal Communication: Skills in presenting findings and insights to technical and non-technical audiences.
Listening Skills: Ability to understand and incorporate feedback and requirements from stakeholders.

Soft Skills

Attention to Detail: Precision in data analysis and reporting.
Adaptability: Flexibility to adjust to new data, trends, and technologies.
Teamwork and Collaboration: Ability to work well with others across different departments and disciplines.
Ethical Judgement: Maintaining integrity and confidentiality of data.

Research Skills

Methodology Knowledge: Understanding of various research methodologies and when to apply them.
Industry Knowledge: Specialized knowledge of specific industries relevant to the role.

Research Analyst salaries vary depending on the country, the specific industry, level of experience, and educational background.

United States

Average Annual Salary: Approximately $60,000 to $70,000

Average Annual Salary: Approximately CAD 57,000 to CAD 65,000

United Kingdom

Average Annual Salary: Approximately £30,000 to £40,000

Average Annual Salary: Approximately AUD 70,000 to AUD 80,000

Average Annual Salary: Approximately €50,000 to €60,000

Average Annual Salary: Approximately ₹4,00,000 to ₹7,00,000

Build your career in Data Analytics with our Data Analyst Master's Program ! Cover core topics and important concepts to help you get started the right way!

The job outlook for Research Analysts is generally positive, with several factors contributing to steady demand across various industries. This outlook can vary by specialization, such as market research, financial analysis, or data analysis, but overarching trends support growth in these roles. Key factors influencing the job outlook include:

Increasing Data Availability

The explosion of data in the digital age has significantly increased the need for skilled professionals who can interpret this information. Businesses and organizations across sectors rely on data to make informed decisions, driving demand for Research Analysts.

Technological Advancements

Advancements in technology, especially in data collection , storage, and analysis tools, have made data more accessible and easier to analyze. This has increased the need for analysts who can use these technologies effectively.

Decision-making Based on Data

There is a growing recognition of the importance of data-driven decision-making in enhancing business efficiency, competitiveness, and innovation. This emphasizes the role of Research Analysts in providing insights and recommendations.

Specialized Fields

Certain fields, such as healthcare, finance, and technology, demand particularly strongly for Research Analysts. For instance, the healthcare industry requires analysts to interpret patient care, treatment outcomes, and operational efficiency data. At the same time, the finance sector relies on analysts for market trends, investment opportunities, and risk management.

Globalization

The global nature of business today means that companies often require analysts who understand international markets and can analyze data from diverse sources. This can lead to opportunities for analysts with language skills and international experience.

Job Market Projections

The U.S. Bureau of Labor Statistics states that employment for market research analysts will grow 18% from 2019 to 2029.
Similar projections suggest robust growth for data science and analytics roles, reflecting the broader demand for data expertise.

Cracking a Research Analyst interview requires demonstrating your analytical skills, showcasing your knowledge of the industry and research methodologies, and communicating effectively. Here are strategies and tips to prepare for and succeed in a Research Analyst interview:

1. Understand the Job Description

Match Skills and Qualifications: Carefully read the Research Analyst job description to understand the required skills, tools, and qualifications. Tailor your responses to highlight your experience with these aspects.

2. Brush Up on Your Technical Skills

Software and Tools: Be prepared to discuss your proficiency with statistical software (e.g., SPSS, SAS, R, Python), databases, and data visualization tools (e.g., Tableau, Power BI).
Statistical Knowledge: Refresh your knowledge of statistical methods, data analysis techniques, and when to use them.

3. Prepare Your Portfolio

Bring a portfolio of your work, such as research reports, analyses, or data visualizations, demonstrating your skills and impact.

4. Practice Common Interview Questions

Technical Questions: Be ready to answer questions on statistical methods, data analysis processes, and how you approach complex research problems.
Behavioral Questions: Prepare examples demonstrating your problem-solving skills, ability to work under pressure, teamwork, and adaptability. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

5. Stay Informed About the Industry

Current Trends: Be aware of the latest trends in the industry relevant to the role. This could include new data analysis techniques, software tools, or industry-specific challenges.
Company Research: Research the company, its products or services, competitors, and position in the industry and be prepared to discuss how your skills can help address their challenges.

6. Ask Insightful Questions

Prepare thoughtful questions about the role, team, company culture, or specific projects you might work on. This shows your interest and enthusiasm for the position.

7. Communicate Clearly and Confidently

Be able to explain complex analysis or research findings in simple terms. This demonstrates your ability to communicate with stakeholders needing a technical background.

8. Highlight Your Soft Skills

Team Collaboration: Share examples of how you've worked effectively in teams, especially in cross-functional teams.
Time Management: Discuss how you prioritize tasks and manage deadlines, especially when managing multiple projects.

Program Name Data Analyst Post Graduate Program In Data Analytics Data Analytics Bootcamp Geo All Geos All Geos US University Simplilearn Purdue Caltech Course Duration 11 Months 8 Months 6 Months Coding Experience Required No Basic No Skills You Will Learn 10+ skills including Python, MySQL, Tableau, NumPy and more Data Analytics, Statistical Analysis using Excel, Data Analysis Python and R, and more Data Visualization with Tableau, Linear and Logistic Regression, Data Manipulation and more Additional Benefits Applied Learning via Capstone and 20+ industry-relevant Data Analytics projects Purdue Alumni Association Membership Free IIMJobs Pro-Membership of 6 months Access to Integrated Practical Labs Caltech CTME Circle Membership Cost $$ $$$$ $$$$ Explore Program Explore Program Explore Program

The role of a Research Analyst in 2024 is more vital than ever, bridging the gap between vast data sets and actionable insights. As organizations navigate digital complexities, the demand for skilled analysts capable of deciphering data to guide strategic decisions will only escalate.

For those inspired by the potential of this dynamic field and seeking to advance their skills or pivot their career path, the Data Analyst Masters course offered by Simplilearn emerges as a compelling option. This program will equip you with the necessary tools, techniques, and knowledge to excel in data analysis.

1. What are the best degrees for becoming a research analyst?

Economics, statistics, business administration, finance, and computer science are the most advantageous degrees for aspiring research analysts. These fields provide a strong foundation in analytical skills, critical thinking, and data interpretation, which are crucial for effectively analyzing market trends, consumer behavior, and financial data.

2. How important is programming knowledge for a research analyst?

Programming knowledge is increasingly important for research analysts, especially skills in languages such as Python, R, and SQL. These tools are essential for data manipulation, analysis, and visualization, enabling analysts to handle large datasets efficiently and derive insights more effectively. While not all roles require deep programming expertise, a fundamental understanding is beneficial.

3. Can you transition into a research analyst role from a different field?

Yes, it's possible to transition into a research analyst role from different fields, especially if you possess strong analytical skills, are proficient in data analysis tools, and have a knack for problem-solving. Additional qualifications, such as relevant certifications or courses in data analysis, statistics, or the specific industry of interest, can facilitate this transition.

4. What is the difference between a research analyst and a data analyst?

Research analysts focus more on qualitative analysis, market trends, consumer behavior, and industry-specific research. On the other hand, data analysts are more involved in quantitative analysis, working primarily with numerical data, statistical models, and predictive analytics to inform business decisions. The roles may overlap but cater to different aspects of data and research.

5. How do research analysts stay current with industry trends?

Research analysts stay current by continuously monitoring industry reports, publications, and news, attending relevant conferences and webinars, participating in professional networks and forums, and undergoing regular training and certification programs. Staying informed about advancements in analysis tools and methodologies is also crucial to adapt to the evolving demands of the role.

Data Science & Business Analytics Courses Duration and Fees

Data Science & Business Analytics programs typically range from a few weeks to several months, with fees varying based on program and institution.

Learn from Industry Experts with free Masterclasses

Data science & business analytics.

Transform Your Career Path with AI & Data Science

Open Gates to a Successful Data Scientist Career in 2024 with Simplilearn Masters program

Kickstart Your Data Analytics Journey in 2024 with Caltech's Data Analytics Bootcamp

Get Affiliated Certifications with Live Class programs

PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP, SP, and OPM3 are registered marks of the Project Management Institute, Inc.

Your favourite senior outside college

Home » Employer Resources » Hiring Tips » Research Analyst Job Description

Research Analyst Job Description [with Must-Have Elements]

Every successful organization relies on the expertise of a research analyst to drive informed, data-driven decisions. By harnessing their proficiency in conducting thorough research, analyzing data, and delivering valuable insights, you pave the way for strategic decision-making based on solid evidence. This approach not only enhances your understanding of customers, growth prospects, and competitors but also empowers you to make well-informed choices that fuel profitability and expansion. The job role of a Research analyst plays a pivotal role in shaping your organization’s trajectory, so it is imperative to recruit a candidate who possesses the requisite skills and competence. Dive into this blog to unravel the art of crafting a compelling research analyst job description to attract desired and cultural-fit candidates.

Table of Contents

Research Analyst Job Description: Key Elements

Crafting a compelling research analyst job description requires incorporating six key elements. By following this structure, you’ll attract qualified and enthusiastic candidates who align with your company culture. Here’s a breakdown of these essential elements:

1. Company Overview

In this section, introduce your company and create a compelling narrative that will captivate candidates who share your values and aspirations. You can achieve this by providing details about company values, culture, mission, and work environment.

ABC is a young and vibrant startup passionate about specialty coffee. We source the world’s finest beans, ethically traded and bursting with unique flavor profiles, before roasting them to perfection in small batches. Our mission is to break away from the bitter brew of the ordinary and introduce you to an extraordinary coffee experience.

2. Research Analyst Job Overview

This section provides brief details about the job role of the research analyst. Here, talk about the key roles and responsibilities of research analysts. Additionally, you mention the job profile you are offering and the location, to provide comprehensive information. This allows the candidate to build a clear understanding of what the job role entails and read further if it interests them.

Job Profile: Research Analyst

Location: Chennai

Job Overview:

ABC seeks a Research Analyst to analyze data and inform strategic decisions across our entire coffee experience. This includes sourcing, roasting, marketing, and customer satisfaction. You’ll help us understand market trends, identify new customer segments, and ultimately, deliver exceptional coffee, in every cup.

3. Job Responsibilities of Research Analyst

Next, list all the research analyst job duties. This comprehensive list facilitates the candidate to understand what a day in the job role of a research analyst looks like. Additionally, it enables you to set clear expectations for potential candidates and attract candidates who know how to handle these tasks and duties.

Responsibilities:

Conduct research to identify emerging trends.
Analyze supplier data to ensure ethical sourcing, optimal quality, and fair trade practices.
Evaluate the products and how we can create unique products.
Analyze market research to identify consumer preferences, emerging trends, and competitor strategies.
Develop customer segmentation strategies, craft targeted marketing campaigns, and measure their effectiveness.
Analyze customer feedback data to identify areas for improvement across all touchpoints.
Recommend data-driven solutions to enhance customer satisfaction and brand loyalty.
Research and analyze the competitive landscape, identifying market trends, competitor strengths and weaknesses, and potential new market opportunities.
Analyze market data, production costs, and customer behavior to develop optimal pricing strategies and revenue growth initiatives.

4. Research Analyst Job Requirements

This section discusses the research analyst’s skills and qualifications, enabling them to successfully fulfill their duties. Providing an exhaustive list of skills facilitates you to attract qualified and competent candidates, ultimately reducing hiring time. In this section, ensure that you include technical and soft skills essential for this position.

Required Skills:

Strong analytical skills with proficiency in data analysis tools and software (e.g., Excel , SPSS, Tableau).
Excellent written and verbal communication skills with the ability to present complex data insights clearly and concisely.
Ability to manage multiple projects simultaneously and meet deadlines in a fast-paced environment.
Strong attention to detail and a commitment to accuracy.Knowledge of market research methodologies and best practices.
Experience with customer relationship management (CRM) software.Proven ability to develop and implement data-driven recommendations.

Preferred Qualifications:

Bachelor’s degree in Business Administration, Marketing, Statistics, or a related field.
Minimum 2 years of experience in research analysis, preferably within the consumer goods industry.

5. CTC, Benefits, and Work Schedule

Offering competitive CTC packages and supplemental benefits can be an effective strategy for attracting job applicants. Additionally, providing benefits, such as flexible working hours and work-from-home facilities, can prove beneficial.

Offered CTC: ₹5 LPA – ₹6 LPA

House rent allowance
Travel allowance
Health and life insurance
Flexible working hours
Paid menstrual leaves

Work Schedule: 10:00 am to 7:00 pm (Monday to Friday)

6. Call-to-Action (CTA)

Conclude the research analyst job description with a CTA. Provide a link to the job portal, company website, or email address, where applicants can apply by sharing their resumes and cover letters. You can also ask for additional information, documents, or requirements as per your needs.

Are you a research enthusiast with a knack for turning data into insights that drive informed decisions? We encourage you to apply by submitting your resume and cover letter to [email protected]. In your cover letter, tell us why you’re passionate about research and what excites you about the prospect of joining our team.

Research Analyst Job Description Sample

Here’s a research analyst job description example. You can utilize this sample to write a job description ideal for your organization as per your requirements.

For a strong market presence and consumer satisfaction, in-depth and data-driven research becomes essential. A research analyst plays a significant role in your organization by conducting such tasks, enabling you to make informed decisions. A detailed job description can come in handy when finding a suitable candidate. The points discussed in this blog will help you craft an ideal research analyst job description and find a skilled and cultural-fit candidate.

Begin your hiring journey with Internshala and hire talent among the 21+ million skilled job seekers. Also, check out our blog on how to hire an employee to build a robust hiring strategy.

Answer: The skills required for a research analyst include data analysis, statistical modeling, market research, and trend forecasting. They should also have strong analytical skills, attention to detail, and the ability to translate data into actionable insights. Excellent business communication skills are also essential for presenting findings to diverse audiences.

Answer: A research analyst typically requires a Bachelor’s degree in Business Administration, Marketing, Economics, or a related field. A Master’s degree is preferred. Proficiency in statistical analysis software, database query languages, such as SQL , and data visualization tools like Tableau is essential for this role.

Answer: Salary expectations of a research analyst can vary depending on factors, such as experience, location, and industry. In India, the average salary for a research analyst is around ₹4.8 LPA, with the potential to go as high as ₹9.7 LPA.

← Previous
Next →

Shobha Saini, the Head of Human Resources at Internshala, has maintained a stellar track record in employee relations and talent acquisition. With eight exceptional years of experience, she specializes in strategic planning, policy-making, and performance management. A multi-talented individual, she has played a major role in strategizing HR practices in the organization.

Offer Letter for a Software Developer: Your Ultimate Guide

The recruitment process for a software developer consists of finding, interviewing, and finally selecting a candidate who aligns with your requirements and cultural values. An appointment letter for the software

Offer Letter for an Accountant: with Samples

Hiring top accounting talent is crucial for organizations to maintain financial integrity and drive informed decision-making. After deciding the accountant that is the best fit for you, it is pertinent

Offer Letter for a Sales Executive: The 2024 Guide

An offer letter is a formal document that outlines the terms and conditions of employment for a new hire. When it comes to hiring a sales executive, the offer letter

Human Resource Generalist Job Description: The 2024 Guide

Every organization, small or large, requires a human resource team to ensure employee satisfaction, performance, and engagement, ultimately boosting employee retention. To achieve this, they hire a human resource generalist.

Careers at Brookhaven

a passion for discovery

Search Our Jobs

Current Categories Accounting, Budget and Financials Administration and Management Administrative Support Audit and Compliance Chemistry Computational Science Designer Engineer - Combined Engineer - Electrical Engineer - Environment, Safety and Health Engineer - Mechanical Environment, Safety and Health Environmental Sciences Support Facilities Support Human Resources Operations Manual Trade Nuclear Engineering Operations Management Operations Support Physics Physics Support Postdoctoral Research - Biology Postdoctoral Research - Chemistry Postdoctoral Research - Computational Science Postdoctoral Research - Electrical Engineering Postdoctoral Research - Environmental Science Postdoctoral Research - Materials Science Postdoctoral Research - Multidiscipline Postdoctoral Research - Physics Procurement Project Controls Scientific Research Scientific Support Student Assistant Technical Electrical/Mechanical Technology Engineering Training and Development Current Categories

Current Employees

Or Let Us Search

Using your LinkedIn profile, we can find jobs that match your skills and experience.

Senior Technology Analyst

ORGANIZATION OVERVIEW

The mission of the Instrumentation Division is to develop state-of-the-art instrumentation required for experimental research programs at Brookhaven Lab and to maintain the expertise and facilities in specialized high technology areas essential for this work. Development of facilities is motivated by present Brookhaven research programs and anticipated future directions of research. Our work has a significant impact on programs throughout the world that rely on state-of-the-art readout electronics and detectors, and our scope of research ranges from probing for fundamental particles created in the formation of the universe, to quantum networks for the internet of the future.

POSITION DESCRIPTION

Senior Technology Analyst– The BNL Instrumentation Division (IO) has an opening for a candidate with a demonstrated history of research and software development for direct research applications. The candidate should be able to develop both back-end and front-end software packages, be able to conceive and implement novel software algorithms, and have experience with network engineering and management. Importantly, the candidate must also understand the role of classical network layers within a Quantum Information Science (QIS) setting and have experience with cryptographic algorithm development for quantum-resistant encryption and quantum key distribution.

Additional responsibilities include, but are not limited to, collaboration on cross-functional team projects, support of department-wide initiatives, and additional support of research projects. The candidate will also be empowered to mentor junior staff members and elevate the team culture.

Essential Duties and Responsibilities:

Contribute to original research, including algorithm development, especially as needed for our Quantum Information Science and Technology efforts.
Provide software development support for research groups within the division.
Assist in the management of department servers, network infrastructure, and workstations for other engineering and research staff members.
Able to effectively work in a self-directed mode to identify and act on tasks.

Required Knowledge, Skills, and Abilities:

BS/BA Degree or equivalent experience in Computer Science.
One plus (1+) years of relevant experience, showing progressive growth in responsibility.
Awareness of post-quantum cryptographic concepts.
Capable C, C++, Python, and Java developer.

Preferred Knowledge, Skills, and Abilities:

Familiarity with single board computers.
Experience with data acquisition systems.
Native familiarity with Linux operating systems.
Experience with hardware interfaces, especially for GPIO.
Comfortable interacting with advanced optical systems, including class IV lasers.
Willingness to expand skillset.

Other Information:

Brookhaven Laboratory is committed to providing fair, equitable and competitive compensation. The full salary range for this position is $70950 - $117950 / year. Salary offers will be commensurate with the final candidate’s qualification, education and experience and considered with the internal peer group.
This position is not eligible for visa sponsorship.

Brookhaven employees are subject to restrictions related to participation in Foreign Government Talent Recruitment Programs, as defined and detailed in United States Department of Energy Order 486.1A. You will be asked to disclose any such participation at the time of hire for review by Brookhaven. The full text of the Order may be found at: https://www.directives.doe.gov/directives-documents/400-series/0486.1-BOrder-a/@@images/file

Equal Opportunity/Affirmative Action Employer

Brookhaven Science Associates is an equal opportunity employer that values inclusion and diversity at our Lab. We are committed to ensuring that all qualified applicants receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a veteran, disability or any other federal, state or local protected class. BSA takes affirmative action in support of its policy and to advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities. We ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

*VEVRAA Federal Contractor

Share This Job

Find out about our career opportunities, news and events at Brookhaven National Laboratory.

Job Category Select a Job Category Accounting, Budget and Financials Administration and Management Administrative Support Audit and Compliance Chemistry Computational Science Designer Engineer - Combined Engineer - Electrical Engineer - Environment, Safety and Health Engineer - Mechanical Environment, Safety and Health Environmental Sciences Support Facilities Support Human Resources Operations Manual Trade Nuclear Engineering Operations Management Operations Support Physics Physics Support Postdoctoral Research - Biology Postdoctoral Research - Chemistry Postdoctoral Research - Computational Science Postdoctoral Research - Electrical Engineering Postdoctoral Research - Environmental Science Postdoctoral Research - Materials Science Postdoctoral Research - Multidiscipline Postdoctoral Research - Physics Procurement Project Controls Scientific Research Scientific Support Student Assistant Technical Electrical/Mechanical Technology Engineering Training and Development

Technology Engineering, Upton, New York, United States Remove

Confirm Email

Image of a young family including father, mother and baby.

Family Programs

Brookhaven strives to assist employees to better manage their complex personal and professional lives. We celebrate our inclusive culture, progressive policies, programs, and active community involvement.

Goldhaber Fellowships

The prestigious Gertrude and Maurice Goldhaber Distinguished Fellowships are awarded to scientists with exceptional talent and credentials.

Awards and Discoveries

Collaborate with world-class experts at the frontiers of science. Research at Brookhaven has led to seven Nobel Prize-winning discoveries, and many Lab scientists have been honored with prestigious awards.

The Brookhaven Experience

Brookhaven Lab and its world-class research facilities are at the forefront of scientific discovery, and 60 miles east of midtown Manhattan. Employment at Brookhaven Lab comes with many benefits.

collage of images including a photo of pizza, new york city and an adirondack chair

Everywhere Is Within Reach

Brookhaven Lab is located just miles from Long Island’s beautiful beaches, vineyards, restaurants, shopping, schools, and more. Plus, New York City and three major airports are within 60 miles of our gate.

We know that benefits are an important part of your employment. Our benefits programs address both the immediate needs of your family, such as insurance coverage, and long term needs like retirement savings.

Long Island, Where you BeLONG.

Long Island is a special place to be. A place where those who call it home share a sincere pride in its uniqueness. Wherever your intrique may take you, you can find where you BeLong on Long Island.

IMAGES

Research Analyst Job Description
FREE 10+ Research Analyst Job Description Samples in MS Word,DF
Operations Research Analyst Job Description
FREE 10+ Research Analyst Job Description Samples in MS Word,DF
Junior Research Analyst Job Description
Technical Research Analyst

VIDEO

NISM Research Analyst Exam Chapter 2 Part 3
A day in the life of a Business Research Analyst
Recruitment Analyst Job Description
பங்குச் சந்தையில் கவர்ச்சிகரமான வேலை || Research Analyst Course
Research Analyst Interview Questions and Answers
IT Analyst Job Description

COMMENTS

Research Analyst Job Description [Updated for 2024]
The Marketing Research Analyst is responsible for providing market research activities to determine potential sales of a product or service. In addition, performs analyses in the areas of marketing practices and trends, potential customers, sales coverage, market size, competitors, penetration, and product preferences.
Equity Research Analyst Job Description Mar 2024
The job description below can be tweaked to apply to such roles. One quirk of equity research is that an analyst is not an entry-level position, as is a common title in other banking roles. An associate is actually the most junior position within the team and acts as an assistant to the analyst, who will have their name directly attributed to ...
What Is a Research Analyst? What They Do and Qualifications
Research Analyst: A research analyst is a person who prepares investigative reports on securities or assets for in-house or client use. Other names for this function include financial analyst ...
Research Analyst
A research analyst is responsible for researching, analyzing, interpreting, and presenting data related to markets, operations, finance/accounting, economics, customers, and other information related to the field they work in. A research analyst is typically very quantitative, analytical, logical, and good at managing numbers and data.
Research Analyst Job Description
The research analyst's responsibilities include researching, collecting, analyzing, and interpreting data, and using the data to guide the business's decision-making. A research analyst should be prepared to work in various sectors, such as marketing, business operations, and finance. To be a successful research analyst, you should have ...
How To Become a Research Analyst
4 Steps To Becoming a Research Analyst. Earn the relevant college degree. Work on projects and earn certificates. Secure an internship. Find your first job as a research analyst. The responsibilities of a research analyst vary widely based on the industry and specialization. As such, the career paths leading to the position of a research ...
How to Become a Research Analyst
Step 1: Earn a Degree in a Relevant Field. You should consider earning a Bachelor's or Master's Degree in Marketing, Math, Statistics, Business Administration, Data Science, or Market Research. Most research analyst positions require candidates to have a degree in one of these fields.
Research Analyst Job Description
Detail- and deadline-oriented, and able to complete projects accurately and timely. Able to handle and prioritize multiple requests. Tech and numbers "savvy" with the ability to learn and handle multiple software and databases. Passionate about TV and entertainment industry. 2. Research Analyst Job Description.
Research Analyst Roles and Responsibilities
Research Analyst Roles and Job Description. ... For example, the data may uncover a fundamental flaw in how a company interacts with its customers, creating negative experiences. With the data in hand, research analysts help develop potential solutions to improve the ways the company interacts with its customers, opening opportunities for ...
Research Analyst Career: How to, Skills, and Salary.
On average, research analysts earn a median income of $62,989 annually, surpassing the typical American salary of approximately $44,000. Among the sectors offering lucrative prospects for research analysts are banking and financial services, healthcare, pharmaceuticals, manufacturing, IT, and government agencies.
PDF Fundamental Analyst Job Description
Fundamental Analyst Job Description COMPANY PROFILE Coliseum Capital Management, LLC is an investment firm founded in 2005. ... approach to investing - driven by deep fundamental research and long term value investing. The firm targets investments across the capital structure in both public and private companies undergoing
Research Analyst Job Description [Updated for 2024]
Research Analyst Job Description [Updated for 2024] By Interview Guy Editorial Team. In the data-driven era, the demand for research analysts is at an all-time high. As the information landscape continues to evolve, the need for skilled professionals who can investigate, interpret, and apply complex data becomes more crucial. ...
Equity Research Analyst Job Description
To write an effective equity research analyst job description, begin by listing detailed duties, responsibilities and expectations. ... Conduct independent research and fundamental analysis for assigned industry and country coverage but to initially work under the guidance of a senior PM/Analyst in the first year;
Research Analyst Job Description: Unlocking Insights [2024]
Junior Research Analyst: This role starts by assisting senior analysts in data collection, preliminary analysis, and report preparation. It is a learning ground for mastering analytical tools and methodologies. Data Analyst: Focuses on manipulating and analyzing data sets to support business decisions.
Buy-Side Analyst
Buy-side analysts work in various financial sectors, conducting research and providing investment recommendations. They typically specialize in specific industries or sectors, such as retail or healthcare. Becoming a buy-side analyst typically requires a bachelor's degree in business or finance. Some may pursue a master's degree in finance or ...
$47k-$119k Fundamental Research Analyst Jobs (NOW HIRING)
Operations Research Analyst - Direct Hire 6 Month Roster. Internal Revenue Service Laredo, TX. $103,409 Annually. Full-Time. Therefore, applicants should have sufficient knowledge of applied mathematics to understand and use the fundamental concepts and techniques of operations research methods of analysis.
Market Research Analyst job description
A Market Research Analyst conducts research and gathers data using various methods such as surveys, interviews, and data analysis tools. They analyze the collected data, interpret trends, and provide reports and presentations to clients or internal stakeholders. They play a crucial role in helping businesses understand consumer preferences ...
Research Analyst Job Description Sample (2024)
Research Analyst Job Description [with Must-Have Elements] March 20, 2024 Shobha Saini. Every successful organization relies on the expertise of a research analyst to drive informed, data-driven decisions. By harnessing their proficiency in conducting thorough research, analyzing data, and delivering valuable insights, you pave the way for ...
What Is a Research Analyst? (Duties And Qualifications)
Research analyst job description example Here is an example of a research analyst's job description: We at Loyola Investment Ltd. are looking for an analytical and detailed-oriented research analyst to perform detailed industry research, transaction analysis of the company and improve the financial decision-making of our business. Our ideal candidate can turn financial information or economic ...
6 Great Research Analyst Resume Examples
Exceed your job competition by looking at Research Analyst resume examples! Our examples are completely customizable and can show you what information to include in your resume. Customize Resume. Candidate experience level: 15+ years. Customize Resume. Candidate experience level: >1 year. Customize Resume. Candidate experience level: 3 years.
Senior Technology Analyst Description at Brookhaven National Laboratory
Senior Technology Analyst Job ID JR101051 Date posted 03/27/2024. ... and our scope of research ranges from probing for fundamental particles created in the formation of the universe, ... POSITION DESCRIPTION. Senior Technology Analyst- The BNL Instrumentation Division (IO) has an opening for a candidate with a demonstrated history of ...

Equity Research Analyst Job Description Template

Equity Research Analyst - Job Description and Ad Template

Company Introduction

Job Description: Sell-Side Equity Research

Responsibilities

Skills and Qualifications

Recent Equity Research Articles by Toptal Finance Experts

Why Tesla? Evaluating the Electric Craze

Looking at Failed IPOs in the Age of the Unicorn

Plant Power: A Look at Beyond Meat and Its Competitors

Perfecting Private Accommodations: Airbnb vs. Expedia

Lessons from Warren Buffett’s Investment Strategy and His Mistakes

Why Do Share Buybacks Fail? Some Suggested Remedies

Andy Vietor

Yiannis Ritsios, CFA

Thomas Robb

Carlos Barrozzi

Nathan Krishnan S

Ivan Arizaga

Vinaya Jain

What Is a Research Analyst? What They Do and Qualifications

What Is a Research Analyst?

Key Takeaways

The Basics of Being a Research Analyst

Research Analyst Qualifications

Financial Analyst vs. Research Analyst

Research Analyst Job Description

Research Analyst Job Description Template

Research Analyst Responsibilities:

Research Analyst Requirements:

Related Articles:

How to Become a Research Analyst

What Is a Research Analyst?

Research Analyst Job Description

Research Analyst Salary and Job Outlook

Top Reasons to Become a Research Analyst in 2021

Research Analyst Job Requirements

Types of Research Analyst Careers

Market Research Analyst

Financial Analyst

Operations Research Analyst

Research Analyst Meaning: What Does a Research Analyst Do?

Leads Data Research

Analyzes Raw Data

Presents and Interprets Data

Essential Research Analyst Skills

Mathematical and Statistical Skills

Research, Fact-Checking, and Validation Skills

Communication, Presentation, and Writing Skills

How Long Does It Take to Become a Research Analyst?

Can a Coding Bootcamp Help Me Become a Research Analyst?

Can I Become a Research Analyst from Home?

How to Become a Research Analyst: A Step-by-Step Guide

Step 1: Earn a Degree in a Relevant Field

Step 2: Increase Work Experience

Step 3: Advance Your Education Through Certifications

Best Schools and Education for a Research Analyst Career

Research Analyst Bootcamps

Vocational School

Community College

Research Analyst Degrees

The Most Important Research Analyst Certifications

Certified Research Analyst (CRA)

Certified Research Expert (CRE)

How to Prepare for Your Research Analyst Job Interview

Research Analyst Job Interview Practice Questions

Should I Become a Research Analyst in 2021?

Explore other careers

Research Analyst Roles and Job Description

What Is a Research Analyst?

What Does a Research Analyst Do?

Research Analyst Skills and Education

Research Analyst Careers

Market Research Analyst Career Path

Operations Research Analyst Career Path

Embark on a Career in Research Analytics

Get More Information.

Research Analyst Job Description [Updated for 2024]

Research Analyst Duties and Responsibilities

Research Analyst Job Description Template