Career Spotlight

Market Research Analyst

Do you like looking at graphs, and understanding data? This job field has the fastest growth rate of any of the career spotlights so far.

Market Research Analyst

Quick Facts

2017 Median Pay: $63,230/year, $30.40/hour

Typical Entry-Level Education: Bachelor’s Degree

On-the-job Training: None

Number of Jobs, 2016: 595,400

Job Outlook 2016-26: 23% (much faster than average)

Employment Change 2016-26: 138,300

What They Do

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

Because most industries use market research, these analysts are employed throughout the economy. This means you could work for a variety of different industries and businesses because economic fluctuation is important to all of them!

Most analysts work full time during regular business hours. Some work under pressure of deadlines and tight schedules.

How To Become One

Most market research analysts need at least a bachelor’s degree. Some research positions may require a master’s degree. Strong math and analytical skills are essential.

Click HERE for similar occupations in the business field!

Source: Occupational Outlook Handbook, US Department of Labor: Bureau of Labor Statistics.

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