Research analyst, as the job title suggests, is an amalgamation of two roles, one that of a researcher and the other of an analyst. Hence, this means that an individual who takes up a research analyst job would be engaged with research along with analysis of the research, to bring it down to a conclusion.
Moreover, research analysts conduct researches on various domains, like, finance, insurance, recruitment, market trends or consumer spending patterns which is dependent on the employers they are working with.
Nonetheless, research analysts carve a niche for themselves, by conducting research on a particular sector or a domain. One of the most popular and rewarding, niche in research analyst jobs is market intelligence.
Market intelligence professionals specialize in collecting information pertaining to; consumer behaviour, market trends, purchasing pattern, which after being analysed is passed on to the client.
Marketing research firms, conduct research and analysis on a wide range of topics. But a research analyst will have a major say to guide business owners to make changes to their marketing or sales strategy.
The skills, which are essential for a flourishing career requires high levels of analytical ability as this job includes number crunching and explaining the results obtained in reports. Hence, the ability to write clearly, along with accuracy and an eye for detail is the most important aspect of this job role.
Entry- level professionals in this domain, can look forward for a prosperous career and a lifetime, as once, they develop a strong base of industry insights, they can emerge as consultants, to offer their consultation to clients from diversified industries.
Fresh graduates can search for internships with research firms, as it will help them to learn the ropes of this domain, along with identifying the industry or the sector they would want to develop their specialization with. Internships are sure-shot means to land with full time employment, without any prior work experience.
Your success in this career domain, would be highly dependent on your specialization and efficiency as a professional. The role that you would play for the benefit of your client will make you extremely valued, allowing a deep sense of pride and satisfaction, to creep into your existence as a professional.
Jobs from this industry are available on several job sites in large numbers, depending upon your educational qualifications, prior work experience and skills you will find the most apt opportunities, that will set sails for a prosperous career in this job domain.