Numerous industries as well as private sector organisations turn to a market research analyst in for insight on making major strategic decisions in regards to products or services. These skilled professionals take data collected from the market researchers and from third party sources, initiate a thorough analysis and provide conclusions for company’s decision makers
This position typically entails duties such as preparing reports, utilising statistical software and other tools for pattern recognition, coordinating with and supervising researchers, collecting data from third-party organisations and mediating with marketing officials and senior executives
Jobseekers applying for this post should have excellent writing, communication and analytical skills in addition to being a team player. Most posts will require candidates to hold at least a Bachelors degree in marketing, mathematics or an applicable field
Those working as a market research analyst in the UK have an average per annum salary of just over £30,000, though the post can entail figures closer to £20,000 for newly qualified individuals and over £40,000 per annum for experienced individuals in highly successful firms.