Table of Contents

What is a research analyst, research analyst job description, research analyst roles and responsibilities, research analyst career path, how to become a research analyst, research analyst skills, research analyst salary, research analyst job outlook, choose the right course, how to become a research analyst description, skills, and salary.

How to Become a Research Analyst? Description, Skills, and Salary

Are you looking for a job that pays well? Do you want to work in a field guaranteed to be in high demand over the next decade? Becoming a research analyst may be right for you. 

Research analysts are professionals who help companies make informed decisions by deriving actionable data from market research. These experts have become indispensable in many organizations due to their ability to get the most out of their data. 

Over the next decade, there will be an increase in the demand for professionals who offer related services. These professionals are paid well above the national average. There are many reasons why you should explore how to become a research analyst. 

Here are some tips for becoming a research analyst.

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In Data Analytics , a research analyst works with businesses or organizations to understand their needs better, then uses data to solve them. 

They work closely with businesses and their clients to better understand their needs and what will bring them value. Then, they use this information to create reports that help companies decide how best to move forward with their products or services. 

The job requires strong analytical skills , solid communication skills , and an understanding of how different parts of a business work together.

The job of a research analyst is to provide data insights that help organizations make strategic decisions. A research analyst may work at a large company, a small business, or even an individual. In either case, their work will involve collecting and analyzing data to help their organization make informed decisions about its operations.

To become a research analyst, you must have a bachelor’s degree in statistics, math, or another related field. You should also have experience in conducting financial analysis and predictive modeling. Presenting your findings effectively is also essential because you will often offer them to stakeholders who need to understand them.

Research analysts typically work full-time during regular business hours from Monday through Friday. Many analysts work overtime or weekends to complete projects on time for clients or managers within their organization.

Research analysts spend most of their time analyzing data that other people or organizations have already collected. For example, they might look at sales records from a retail chain or customer surveys from a bank. 

Then they create reports that give executives an overview of what’s going on in their business so they can make informed decisions about how best to proceed. 

For example: if the sales figures show that there has been a decrease in demand for product X over the past six months, then the management team may decide to stop production on this product until further notice from upper management or shareholders due to low profits overtime period

As a research analyst, you can expect to progress through 4 stages of experience.

First, you will start as a research associate. The role of a research associate requires that you perform extensive research and analysis on companies and industries. You will assist senior analysts in preparing investment recommendations for clients and be responsible for conducting primary research on behalf of your firm. 

Second, you will move into the VP analyst role, where you will manage teams of analysts and conduct independent analyses on companies or industries relevant to your firm's investment strategy. 

Third, you will become a senior VP analyst. Your responsibilities include managing junior analysts and serving as an expert in one or more areas of expertise, such as healthcare or technology. 

Finally, you successfully demonstrated exceptional leadership skills as a senior VP analyst. 

In that case, you may progress directly into a director position without becoming an associate and vice president before finally moving into this final stage of experience, where responsibilities include managing entire teams of analysts while continuing to produce independent research reports using proprietary methods.

Are you ready to become a research analyst?

Several paths can lead you to success in this field. 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.

Earning a degree in one of these fields will help you start your journey as a research analyst: 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.

But what if you need to gain experience? Don't worry! 

Employers prefer hiring professionals with job experience, internship programs, or entry-level research analyst roles that will allow you to prove yourself and make your resume stand out from the crowd.

If you want to advance your education through certifications, passing certification exams enable you to join an elite group of professionals who have demonstrated excellent research skills. It significantly increases your marketability;

A research analyst has to possess many different skills to be successful. These skills can vary based on the seniority of the position, but they all revolve around working with numbers and raw data to provide actionable insights.

Below are some of the most critical skills that a research analyst needs:

  • Statistical and mathematical modeling capabilities.
  • Accuracy and credibility in data collection and analysis results.
  • Communication skills for presenting findings.

Research analysts' salaries can vary depending on their experience and industry. According to the Indeed , research analysts earn a median income of $62,989 annually. It is very high considering that the average American's annual salary is around $44,000.

The highest-paying sectors for research analysts include banking and financial services organizations, healthcare organizations, pharmaceutical companies, manufacturing facilities, IT corporations, and even government agencies.

If you're looking for an opportunity to make more money as a research analyst, consider working for an IT company or a hospital. Glassdoor reports that an average research analyst's salary in India is 5,00,000 INR.

Market research analysts are an essential part of our world. They're the ones who bring us the data that helps us make intelligent decisions—from how much we spend on new products to where we advertise our products to how we do business with other companies.

The demand for market research analysts is growing fast , and it will continue growing at a fast pace over the next decade. There will be nearly 100,000 openings per year: many will be due to old analysts retiring or transferring into different positions within their company, but there will also be some new hires due to increased demand for these positions.

If you have a keen eye for numbers and understand how they can be used to influence decisions in business, then becoming a market research analyst might be perfect for you!

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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.

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11 Research Analyst Skills: Definition and Examples

In order to be a successful research analyst, there are a few key skills that you will need to possess. This article will provide definitions for 12 of those skills, including: critical thinking, problem solving, data analysis, research, writing, presentation, and more. With a strong understanding of these skills, you will be well on your way to a successful career as a research analyst.

Research Analyst Resume Example

Research Analyst Skills

Critical thinking, problem solving, data analysis, interpretation, communication, organizational, time management.

Analytical skills are important for research analysts because they need to be able to understand and interpret data. They also need to be able to identify patterns and trends in data sets.

The ability to conduct research is an important skill for any analyst. This involves being able to find and use relevant data, as well as being able to critically evaluate that data. This skill is important in order to be able to produce accurate and reliable analysis.

The ability to write clearly, concisely, and persuasively is essential for research analysts. They need to be able to communicate their findings and recommendations in writing, both in reports and presentations. This skill is important because it allows research analysts to present their work in a way that is easily understood by others.

Critical thinking is a skill that allows you to analyze information and make reasoned decisions. It is important for research analysts because it allows them to evaluate data and come to sound conclusions.

Problem solving is a skill that is essential for research analysts. They need to be able to identify problems and then find ways to solve them. This requires both analytical and creative thinking.

Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, suggesting conclusions, and supporting decision-making.

As a research analyst, you will need to be skilled in data analysis in order to make sense of the large amounts of data that you will be working with. Data analysis skills will allow you to identify trends, patterns, and relationships in data sets in order to draw conclusions and make recommendations.

The ability to interpret data is a key skill for research analysts. They need to be able to understand what the data means and how it can be used to inform decision-making. This requires both analytical and critical thinking skills.

The ability to communicate effectively is essential for research analysts. They need to be able to explain their findings to clients and colleagues, and present data in a clear and concise manner. Strong communication skills will also help research analysts build relationships with clients and stakeholders, and persuade others of their recommendations.

Organizational skills are important for research analysts because they need to be able to keep track of large amounts of information and be able to work with a variety of people. They also need to be able to plan and execute research projects.

Time management is the ability to use your time effectively and efficiently. It is an important skill for research analysts because they often have to juggle multiple tasks and deadlines. Time management can help you prioritize your work, avoid procrastination, and get more done in less time.

A research analyst needs to be proficient in using computers in order to efficiently gather and analyze data. This skill is important in order to be able to quickly find and interpret information that can help inform decision making.

How to improve research analyst skills

There is no one-size-fits-all answer to this question, as the skills required to be a successful research analyst vary depending on the specific industry and type of research being conducted. However, there are some general tips that can help improve the skills of any research analyst.

First and foremost, it is important to be able to effectively communicate both verbally and in writing. This includes being able to clearly explain complex concepts to those who may not be familiar with them, as well as being able to write concise and accurate reports. Strong communication skills are essential in order to be able to effectively collaborate with other members of a research team, as well as to present findings to clients or senior management.

It is also important to have strong analytical skills in order to be able to effectively analyze data and draw conclusions from it. This includes being able to use statistical software packages such as SPSS or SAS, as well as being able to understand and interpret complex data sets.

Organizational skills are also important, as research analysts often have to manage large amounts of information and keep track of multiple projects at the same time. Being able to prioritize and stay organized is essential in order to meet deadlines and keep everything running smoothly.

Finally, it is also important for research analysts to be lifelong learners. As the field of research is constantly changing and evolving, it is important to be able to keep up with new developments and trends. This can be done by reading industry-specific publications, attending conferences or seminars, or taking courses or workshops on relevant topics.

How to highlight research analyst skills

To highlight your skills as a Research Analyst, you should focus on your ability to collect and analyze data, as well as your communication and presentation skills. You should also highlight your ability to use research tools and software, as well as your knowledge of statistical methods.

On a resume

To highlight your skills as a Research Analyst on your resume, you should include your experience conducting research, analyzing data, and writing reports. You should also highlight any software or programming skills you have that would be relevant to the position. Finally, you should list any relevant coursework or training you have in research methods and data analysis.

In a cover letter

In your cover letter, be sure to highlight your skills as a research analyst. Include your experience conducting research, analyzing data, and writing reports. Detail your ability to identify trends, develop hypotheses, and make recommendations based on your findings. Emphasize your strong communication skills and your ability to work independently and as part of a team. Be sure to mention any relevant coursework or training in research methods and statistical analysis.

During an interview

When you are interviewed for a research analyst position, be sure to highlight your skills in data analysis and interpretation. Discuss how you are able to take complex data sets and break them down into actionable insights. Share examples of times when you have identified key trends or patterns in data that have led to successful outcomes. Demonstrate your ability to think critically and solve problems, as this is a key skill for research analysts. Finally, make sure to emphasize your communication skills, as you will need to be able to present your findings clearly and concisely to clients or senior management.

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Research Analyst Roles and Responsibilities

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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.

Recommended Readings

Data Mining in Business: Skills and Competencies Needed to Succeed

6 Data Analyst Skills for the Modern Marketer to Master

Comparing Analytics Careers: Business Analyst vs. Data Analyst

American Marketing Association, “Market Research: The Entry-Level Job You Should Take”

Data Center Frontier, “Reshaping the Global IT Landscape: The Impact of Hyperscale Data Centers”

Forbes , “The Global State Of Enterprise Analytics, 2020”

Houston Chronicle , “Careers as a Research Analyst”

Houston Chronicle , “The Top Skills for a Research Analyst”

Informs, FAQs About O.R. & Analytics

Investopedia, “Financial Analyst vs. Research Analyst: What’s the Difference?”

Investopedia, “Research Analyst”

Medium, “Market Research: the Entry-Level Job You Should Take”

MicroStrategy, Business Analytics: Everything You Need to Know

ONet OnLine, Market Research Analysts and Marketing Specialists

ONet OnLine, Operations Research Analysts

PayScale, Average Research Analyst Salary

Seagate, Data Age 2025

Statista, Volume of Data/Information Created Worldwide From 2010 to 2025

Towards Data Science, “Data Is Not the New Oil”

U.S. Bureau of Labor Statistics, Market Research Analysts

U.S. Bureau of Labor Statistics, Operations Research Analysts

U.S. News & World Report , Market Research Analyst

U.S. News & World Report , Operations Research Analyst

Visual Capitalist, “Ranked: The Most Valuable Brands in the World”

World Economic Forum, “How Much Data Is Generated Each Day?”

Get More Information.

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Research Analyst Skills

Learn about the skills that will be most essential for Research Analysts in 2024.

Getting Started as a Research Analyst

  • What is a Research Analyst
  • How To Become
  • Certifications
  • Tools & Software
  • LinkedIn Guide
  • Interview Questions
  • Work-Life Balance
  • Professional Goals
  • Resume Examples
  • Cover Letter Examples

What Skills Does a Research Analyst Need?

Types of skills for research analysts, critical thinking and analytical skills, technical proficiency and data management, quantitative research and statistical knowledge, communication and visualization, industry knowledge and business acumen, top hard skills for research analysts.

  • Critical Thinking and Analytical Reasoning
  • Effective Communication

Attention to Detail

  • Problem-Solving
  • Adaptability and Flexibility
  • Time Management and Prioritization
  • Collaboration and Teamwork
  • Creativity and Innovation
  • Emotional Intelligence
  • Persuasion and Negotiation

Top Soft Skills for Research Analysts

  • Data Collection and Management
  • Statistical Analysis and Quantitative Methods
  • Data Visualization and Reporting
  • Advanced Excel and Spreadsheet Proficiency
  • Database Management and SQL
  • Programming Skills in Python or R
  • Econometrics and Modeling Techniques
  • Machine Learning and Predictive Analytics
  • Survey Design and Implementation
  • Big Data Analytics Tools (e.g., Hadoop, Spark)

Most Important Research Analyst Skills in 2024

Advanced analytical proficiency, critical thinking and problem solving, technological savvy, effective communication and storytelling, industry-specific knowledge, quantitative research methodologies, adaptability and continuous learning, showcase the right skills in your resume.

research analyst skills

Research Analyst Skills by Experience Level

Important skills for entry-level research analysts, important skills for mid-level research analysts, important skills for senior research analysts, most underrated skills for research analysts, 1. intellectual curiosity, 2. effective communication, 3. active listening, how to demonstrate your skills as a research analyst in 2024.

research analyst skills

Turn Your Skills into Career Opportunities

How you can upskill as a research analyst.

  • Master Advanced Data Analytics Tools: Invest time in learning cutting-edge data analysis software and platforms that are becoming industry standards, to handle large datasets more efficiently.
  • Develop Proficiency in Statistical Programming: Gain expertise in programming languages such as R or Python, which are essential for complex data manipulation and analysis.
  • Expand Your Knowledge in Machine Learning: Explore machine learning techniques to uncover deeper insights from data and stay competitive in the field of advanced analytics.
  • Enroll in Specialized Research Methodology Courses: Keep abreast of the latest research methodologies by taking courses from accredited institutions or online learning platforms.
  • Build a Strong Foundation in Data Ethics: Understand the ethical implications of data handling and analysis to ensure integrity and trustworthiness in your research.
  • Participate in Research Forums and Networks: Engage with the research community through forums, webinars, and professional networks to exchange ideas and stay informed about industry trends.
  • Seek Opportunities for Collaborative Research: Collaborate with peers from different disciplines to broaden your perspective and enhance your analytical skills.
  • Attend Industry-Specific Seminars and Conferences: Stay updated on sector-specific insights and developments by attending relevant events, which can also serve as networking opportunities.
  • Focus on Effective Communication of Findings: Improve your ability to communicate complex data and analysis clearly to stakeholders through visualization tools and storytelling techniques.
  • Embrace Continuous Learning: Dedicate time to reading academic journals, industry reports, and books to keep your knowledge current and comprehensive.

Skill FAQs for Research Analysts

What are the emerging skills for research analysts today, how can research analysts effectivley develop their soft skills, how important is technical expertise for research analysts.

Research Analyst Education

research analyst skills

More Skills for Related Roles

Unlocking business insights through data, driving strategic decisions with numbers

Transforming data into insights, driving strategic business decisions and growth

Unearthing insights from data, driving strategic decisions with predictive analytics

Interpreting economic trends, shaping business strategy with insightful analysis

Unearthing insights and data to drive decision-making, shaping the future of research

Driving business growth and efficiency through data-driven insights and strategic analysis

Start Your Research Analyst Career with Teal

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The Most Important Research Skills (With Examples)

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Find a Job You Really Want In

Research skills are the ability to find out accurate information on a topic. They include being able to determine the data you need, find and interpret those findings, and then explain that to others. Being able to do effective research is a beneficial skill in any profession, as data and research inform how businesses operate.

Whether you’re unsure of your research skills or are looking for ways to further improve them, then this article will cover important research skills and how to become even better at research.

Key Takeaways

Having strong research skills can help you understand your competitors, develop new processes, and build your professional skills in addition to aiding you in finding new customers and saving your company money.

Some of the most valuable research skills you can have include goal setting, data collection, and analyzing information from multiple sources.

You can and should put your research skills on your resume and highlight them in your job interviews.

The Most Important Research Skills

What are research skills?

Why are research skills important, 12 of the most important research skills, how to improve your research skills, highlighting your research skills in a job interview, how to include research skills on your resume, resume examples showcasing research skills, research skills faqs.

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Research skills are the necessary tools to be able to find, compile, and interpret information in order to answer a question. Of course, there are several aspects to this. Researchers typically have to decide how to go about researching a problem — which for most people is internet research.

In addition, you need to be able to interpret the reliability of a source, put the information you find together in an organized and logical way, and be able to present your findings to others. That means that they’re comprised of both hard skills — knowing your subject and what’s true and what isn’t — and soft skills. You need to be able to interpret sources and communicate clearly.

Research skills are useful in any industry, and have applications in innovation, product development, competitor research, and many other areas. In addition, the skills used in researching aren’t only useful for research. Being able to interpret information is a necessary skill, as is being able to clearly explain your reasoning.

Research skills are used to:

Do competitor research. Knowing what your biggest competitors are up to is an essential part of any business. Researching what works for your competitors, what they’re doing better than you, and where you can improve your standing with the lowest resource expenditure are all essential if a company wants to remain functional.

Develop new processes and products. You don’t have to be involved in research and development to make improvements in how your team gets things done. Researching new processes that make your job (and those of your team) more efficient will be valued by any sensible employer.

Foster self-improvement. Folks who have a knack and passion for research are never content with doing things the same way they’ve always been done. Organizations need independent thinkers who will seek out their own answers and improve their skills as a matter of course. These employees will also pick up new technologies more easily.

Manage customer relationships. Being able to conduct research on your customer base is positively vital in virtually every industry. It’s hard to move products or sell services if you don’t know what people are interested in. Researching your customer base’s interests, needs, and pain points is a valuable responsibility.

Save money. Whether your company is launching a new product or just looking for ways to scale back its current spending, research is crucial for finding wasted resources and redirecting them to more deserving ends. Anyone who proactively researches ways that the company can save money will be highly appreciated by their employer.

Solve problems. Problem solving is a major part of a lot of careers, and research skills are instrumental in making sure your solution is effective. Finding out the cause of the problem and determining an effective solution both require accurate information, and research is the best way to obtain that — be it via the internet or by observation.

Determine reliable information. Being able to tell whether or not the information you receive seems accurate is a very valuable skill. While research skills won’t always guarantee that you’ll be able to tell the reliability of the information at first glance, it’ll prevent you from being too trusting. And it’ll give the tools to double-check .

Experienced researchers know that worthwhile investigation involves a variety of skills. Consider which research skills come naturally to you, and which you could work on more.

Data collection . When thinking about the research process, data collection is often the first thing that comes to mind. It is the nuts and bolts of research. How data is collected can be flexible.

For some purposes, simply gathering facts and information on the internet can fulfill your need. Others may require more direct and crowd-sourced research. Having experience in various methods of data collection can make your resume more impressive to recruiters.

Data collection methods include: Observation Interviews Questionnaires Experimentation Conducting focus groups

Analysis of information from different sources. Putting all your eggs in one source basket usually results in error and disappointment. One of the skills that good researchers always incorporate into their process is an abundance of sources. It’s also best practice to consider the reliability of these sources.

Are you reading about U.S. history on a conspiracy theorist’s blog post? Taking facts for a presentation from an anonymous Twitter account?

If you can’t determine the validity of the sources you’re using, it can compromise all of your research. That doesn’t mean just disregard anything on the internet but double-check your findings. In fact, quadruple-check. You can make your research even stronger by turning to references outside of the internet.

Examples of reliable information sources include: Published books Encyclopedias Magazines Databases Scholarly journals Newspapers Library catalogs

Finding information on the internet. While it can be beneficial to consulate alternative sources, strong internet research skills drive modern-day research.

One of the great things about the internet is how much information it contains, however, this comes with digging through a lot of garbage to get to the facts you need. The ability to efficiently use the vast database of knowledge that is on the internet without getting lost in the junk is very valuable to employers.

Internet research skills include: Source checking Searching relevant questions Exploring deeper than the first options Avoiding distraction Giving credit Organizing findings

Interviewing. Some research endeavors may require a more hands-on approach than just consulting internet sources. Being prepared with strong interviewing skills can be very helpful in the research process.

Interviews can be a useful research tactic to gain first-hand information and being able to manage a successful interview can greatly improve your research skills.

Interviewing skills involves: A plan of action Specific, pointed questions Respectfulness Considering the interview setting Actively Listening Taking notes Gratitude for participation

Report writing. Possessing skills in report writing can assist you in job and scholarly research. The overall purpose of a report in any context is to convey particular information to its audience.

Effective report writing is largely dependent on communication. Your boss, professor , or general reader should walk away completely understanding your findings and conclusions.

Report writing skills involve: Proper format Including a summary Focusing on your initial goal Creating an outline Proofreading Directness

Critical thinking. Critical thinking skills can aid you greatly throughout the research process, and as an employee in general. Critical thinking refers to your data analysis skills. When you’re in the throes of research, you need to be able to analyze your results and make logical decisions about your findings.

Critical thinking skills involve: Observation Analysis Assessing issues Problem-solving Creativity Communication

Planning and scheduling. Research is a work project like any other, and that means it requires a little forethought before starting. Creating a detailed outline map for the points you want to touch on in your research produces more organized results.

It also makes it much easier to manage your time. Planning and scheduling skills are important to employers because they indicate a prepared employee.

Planning and scheduling skills include: Setting objectives Identifying tasks Prioritizing Delegating if needed Vision Communication Clarity Time-management

Note-taking. Research involves sifting through and taking in lots of information. Taking exhaustive notes ensures that you will not neglect any findings later and allows you to communicate these results to your co-workers. Being able to take good notes helps summarize research.

Examples of note-taking skills include: Focus Organization Using short-hand Keeping your objective in mind Neatness Highlighting important points Reviewing notes afterward

Communication skills. Effective research requires being able to understand and process the information you receive, either written or spoken. That means that you need strong reading comprehension and writing skills — two major aspects of communication — as well as excellent listening skills.

Most research also involves showcasing your findings. This can be via a presentation. , report, chart, or Q&A. Whatever the case, you need to be able to communicate your findings in a way that educates your audience.

Communication skills include: Reading comprehension Writing Listening skills Presenting to an audience Creating graphs or charts Explaining in layman’s terms

Time management. We’re, unfortunately, only given 24 measly hours in a day. The ability to effectively manage this time is extremely powerful in a professional context. Hiring managers seek candidates who can accomplish goals in a given timeframe.

Strong time management skills mean that you can organize a plan for how to break down larger tasks in a project and complete them by a deadline. Developing your time management skills can greatly improve the productivity of your research.

Time management skills include: Scheduling Creating task outlines Strategic thinking Stress-management Delegation Communication Utilizing resources Setting realistic expectations Meeting deadlines

Using your network. While this doesn’t seem immediately relevant to research skills, remember that there are a lot of experts out there. Knowing what people’s areas of expertise and asking for help can be tremendously beneficial — especially if it’s a subject you’re unfamiliar with.

Your coworkers are going to have different areas of expertise than you do, and your network of people will as well. You may even know someone who knows someone who’s knowledgeable in the area you’re researching. Most people are happy to share their expertise, as it’s usually also an area of interest to them.

Networking involves: Remembering people’s areas of expertise Being willing to ask for help Communication Returning favors Making use of advice Asking for specific assistance

Attention to detail. Research is inherently precise. That means that you need to be attentive to the details, both in terms of the information you’re gathering, but also in where you got it from. Making errors in statistics can have a major impact on the interpretation of the data, not to mention that it’ll reflect poorly on you.

There are proper procedures for citing sources that you should follow. That means that your sources will be properly credited, preventing accusations of plagiarism. In addition, it means that others can make use of your research by returning to the original sources.

Attention to detail includes: Double checking statistics Taking notes Keeping track of your sources Staying organized Making sure graphs are accurate and representative Properly citing sources

As with many professional skills, research skills serve us in our day to day life. Any time you search for information on the internet, you’re doing research. That means that you’re practicing it outside of work as well. If you want to continue improving your research skills, both for professional and personal use, here are some tips to try.

Differentiate between source quality. A researcher is only as good as their worst source. Start paying attention to the quality of the sources you use, and be suspicious of everything your read until you check out the attributions and works cited.

Be critical and ask yourself about the author’s bias, where the author’s research aligns with the larger body of verified research in the field, and what publication sponsored or published the research.

Use multiple resources. When you can verify information from a multitude of sources, it becomes more and more credible. To bolster your faith in one source, see if you can find another source that agrees with it.

Don’t fall victim to confirmation bias. Confirmation bias is when a researcher expects a certain outcome and then goes to find data that supports this hypothesis. It can even go so far as disregarding anything that challenges the researcher’s initial hunch. Be prepared for surprising answers and keep an open mind.

Be open to the idea that you might not find a definitive answer. It’s best to be honest and say that you found no definitive answer instead of just confirming what you think your boss or coworkers expect or want to hear. Experts and good researchers are willing to say that they don’t know.

Stay organized. Being able to cite sources accurately and present all your findings is just as important as conducting the research itself. Start practicing good organizational skills , both on your devices and for any physical products you’re using.

Get specific as you go. There’s nothing wrong with starting your research in a general way. After all, it’s important to become familiar with the terminology and basic gist of the researcher’s findings before you dig down into all the minutia.

A job interview is itself a test of your research skills. You can expect questions on what you know about the company, the role, and your field or industry more generally. In order to give expert answers on all these topics, research is crucial.

Start by researching the company . Look into how they communicate with the public through social media, what their mission statement is, and how they describe their culture.

Pay close attention to the tone of their website. Is it hyper professional or more casual and fun-loving? All of these elements will help decide how best to sell yourself at the interview.

Next, research the role. Go beyond the job description and reach out to current employees working at your desired company and in your potential department. If you can find out what specific problems your future team is or will be facing, you’re sure to impress hiring managers and recruiters with your ability to research all the facts.

Finally, take time to research the job responsibilities you’re not as comfortable with. If you’re applying for a job that represents increased difficulty or entirely new tasks, it helps to come into the interview with at least a basic knowledge of what you’ll need to learn.

Research projects require dedication. Being committed is a valuable skill for hiring managers. Whether you’ve had research experience throughout education or a former job, including it properly can boost the success of your resume .

Consider how extensive your research background is. If you’ve worked on multiple, in-depth research projects, it might be best to include it as its own section. If you have less research experience, include it in the skills section .

Focus on your specific role in the research, as opposed to just the research itself. Try to quantify accomplishments to the best of your abilities. If you were put in charge of competitor research, for example, list that as one of the tasks you had in your career.

If it was a particular project, such as tracking the sale of women’s clothing at a tee-shirt company, you can say that you “directed analysis into women’s clothing sales statistics for a market research project.”

Ascertain how directly research skills relate to the job you’re applying for. How strongly you highlight your research skills should depend on the nature of the job the resume is for. If research looks to be a strong component of it, then showcase all of your experience.

If research looks to be tangential, then be sure to mention it — it’s a valuable skill — but don’t put it front and center.

Example #1: Academic Research

Simon Marks 767 Brighton Blvd. | Brooklyn, NY, 27368 | (683)-262-8883 | [email protected] Diligent and hardworking recent graduate seeking a position to develop professional experience and utilize research skills. B.A. in Biological Sciences from New York University. PROFESSIONAL EXPERIENCE Lixus Publishing , Brooklyn, NY Office Assistant- September 2018-present Scheduling and updating meetings Managing emails and phone calls Reading entries Worked on a science fiction campaign by researching target demographic Organizing calendars Promoted to office assistant after one year internship Mitch’s Burgers and Fries , Brooklyn, NY Restaurant Manager , June 2014-June 2018 Managed a team of five employees Responsible for coordinating the weekly schedule Hired and trained two employees Kept track of inventory Dealt with vendors Provided customer service Promoted to restaurant manager after two years as a waiter Awarded a $2.00/hr wage increase SKILLS Writing Scientific Research Data analysis Critical thinking Planning Communication RESEARCH Worked on an ecosystem biology project with responsibilities for algae collection and research (2019) Lead a group of freshmen in a research project looking into cell biology (2018) EDUCATION New York University Bachelors in Biological Sciences, September 2016-May 2020

Example #2: Professional Research

Angela Nichols 1111 Keller Dr. | San Francisco, CA | (663)-124-8827 |[email protected] Experienced and enthusiastic marketer with 7 years of professional experience. Seeking a position to apply my marketing and research knowledge. Skills in working on a team and flexibility. EXPERIENCE Apples amp; Oranges Marketing, San Francisco, CA Associate Marketer – April 2017-May 2020 Discuss marketing goals with clients Provide customer service Lead campaigns associated with women’s health Coordinating with a marketing team Quickly solving issues in service and managing conflict Awarded with two raises totaling $10,000 over three years Prestigious Marketing Company, San Francisco, CA Marketer – May 2014-April 2017 Working directly with clients Conducting market research into television streaming preferences Developing marketing campaigns related to television streaming services Report writing Analyzing campaign success statistics Promoted to Marketer from Junior Marketer after the first year Timberlake Public Relations, San Francisco, CA Public Relations Intern – September 2013–May 2014 Working cohesively with a large group of co-workers and supervisors Note-taking during meetings Running errands Managing email accounts Assisting in brainstorming Meeting work deadlines EDUCATION Golden Gate University, San Francisco, CA Bachelor of Arts in Marketing with a minor in Communications – September 2009 – May 2013 SKILLS Marketing Market research Record-keeping Teamwork Presentation. Flexibility

What research skills are important?

Goal-setting and data collection are important research skills. Additional important research skills include:

Using different sources to analyze information.

Finding information on the internet.

Interviewing sources.

Writing reports.

Critical thinking.

Planning and scheduling.

Note-taking.

Managing time.

How do you develop good research skills?

You develop good research skills by learning how to find information from multiple high-quality sources, by being wary of confirmation bias, and by starting broad and getting more specific as you go.

When you learn how to tell a reliable source from an unreliable one and get in the habit of finding multiple sources that back up a claim, you’ll have better quality research.

In addition, when you learn how to keep an open mind about what you’ll find, you’ll avoid falling into the trap of confirmation bias, and by staying organized and narrowing your focus as you go (rather than before you start), you’ll be able to gather quality information more efficiently.

What is the importance of research?

The importance of research is that it informs most decisions and strategies in a business. Whether it’s deciding which products to offer or creating a marketing strategy, research should be used in every part of a company.

Because of this, employers want employees who have strong research skills. They know that you’ll be able to put them to work bettering yourself and the organization as a whole.

Should you put research skills on your resume?

Yes, you should include research skills on your resume as they are an important professional skill. Where you include your research skills on your resume will depend on whether you have a lot of experience in research from a previous job or as part of getting your degree, or if you’ve just cultivated them on your own.

If your research skills are based on experience, you could put them down under the tasks you were expected to perform at the job in question. If not, then you should likely list it in your skills section.

University of the People – The Best Research Skills for Success

Association of Internet Research Specialists — What are Research Skills and Why Are They Important?

MasterClass — How to Improve Your Research Skills: 6 Research Tips

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Sky Ariella is a professional freelance writer, originally from New York. She has been featured on websites and online magazines covering topics in career, travel, and lifestyle. She received her BA in psychology from Hunter College.

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Research Analyst

The job of conducting research and analysis

Osman Ahmed

Osman started his career as an investment banking analyst at Thomas Weisel Partners where he spent just over two years before moving into a growth equity investing role at  Scale Venture Partners , focused on technology. He's currently a VP at KCK Group, the private equity arm of a middle eastern family office. Osman has a generalist industry focus on lower middle market growth equity and buyout transactions.

Osman holds a Bachelor of Science in Computer Science from the University of Southern California and a Master of Business Administration with concentrations in Finance, Entrepreneurship, and Economics from the University of Chicago Booth School of Business.

Patrick Curtis

Prior to becoming our CEO & Founder at Wall Street Oasis, Patrick spent three years as a Private Equity  Associate for Tailwind Capital  in New York and two years as an Investment Banking Analyst at Rothschild.

Patrick has an  MBA  in Entrepreneurial Management from The Wharton School and a BA in Economics from Williams College.

What is a Research Analyst?

What does a research analyst do, types of research analysts, what skills/personality do you need, financial analyst vs. research analyst .

Research analysts develop investigative reports on other securities and assets for their companies or clients. They can also be known as securities, equity, investment, or rating analysts. They are responsible for researching, analyzing, and interpreting market data. They also use data from operations, finance and accounting, economics , and customers. However, the analyst typically only deals with quantitative data.

There are primarily two types of equity analysts:

  • Buy-side analysts
  • Sell-side analysts

Both analysts have the same quantitative and analytical characteristics, but their responsibilities and day-to-day duties can differ slightly. 

To become a rating analyst, you need to earn a bachelor's degree in finance, marketing, statistics, business, or something related. Once you obtain a bachelors, you will usually move to an entry-level position for a consulting firm or an internal analyst group.

Someone who wants to be an equity analyst is going to need experience. Most people who want to reach that point will complete at least one internship while getting their bachelor's degree. Most of the internships given are met during their junior year of college.

There are many different analysts: research, financial, investment banking, and risk analysts. All of these positions are different and fulfill specific roles in their firms. For example, an investment banking analyst may work on M&A deals for their firm. 

Research analysts can make a wide range of different salaries based on their experience level. Also, in 2014, the ten-year job outlook was thirty percent. As a result, these analysts are typically one of the first entry-level positions filled at firms. 

The job demand for securities analysts is skyrocketing across the country. The level of growth is considerably higher than most other occupations across the U.S.

Key Takeaways

  • Research analysts, also known as securities, equity, investment, or rating analysts, are responsible for researching, analyzing, and interpreting market data. They primarily deal with quantitative data from various sources.
  • There are two main types of equity analysts - buy-side and sell-side analysts. They share quantitative and analytical skills but have different responsibilities and daily tasks.
  • To become a research analyst, a bachelor's degree in fields like finance, statistics, or business is typically required. Experience, often gained through internships, is valuable for aspiring equity analysts. Some may choose to pursue a master's degree for career advancement.
  • Research analysts need both technical and soft skills. Technical skills include research methods, statistics, database administration, and A/B testing. Soft skills like communication, client focus, logical reasoning, critical thinking, and attention to detail are also essential.
  • Salaries for research analysts can vary but generally range from $50,000 to $90,000, with higher pay for mid to senior-level positions. The job demand for research analysts is high, with a projected 19% growth between 2021 and 2031, driven by the increasing reliance on data in various industries, particularly in technology and finance.

These analysts are responsible for researching, analyzing, and interpreting market data. They also use data from operations, finance and accounting, economics, and customers. As a result, most analysts have quantitative characteristics and analytical personalities. 

These roles can be considered data crunching; the analyst gathers and analyzes working data to make their companies or customers save more money or become more efficient and profitable. Their job is to take in data and make it readable and understandable. 

Data is the bottom line factor in the role of these analysts. In 2019, the world created 41 zettabytes of data. The world could reach 175 zettabytes of data by 2025. 

Data research, analysis, and reporting are the foundation of companies now. For example, some of the highest-valued companies in the world are run off of data, such as Microsoft and google.

Analysts can evaluate and understand the data through statistical methods and software. Once they collect their data, they can analyze it through mathematical, statistical, and analytical models to find patterns and trends that may lead them to business opportunities. 

After they have analyzed the data and understand what it is telling them, they will combine all of the information into a report to make it understandable for management. This way, analysts can communicate with them to make future business decisions.

In most cases, the research analyst is an entry-level position; thus, they work as part of a team and differ from those presenting the information. So, when they are in meetings and conference calls, they do not say much, but the information they create does. 

There are primarily two types, there are buy-side and sell-side analysts, and their responsibilities slightly differ. The buy-side analyst usually works for a brokerage firm, and the sell-side research analyst usually works for an investment firm. 

When asset management (buy-side) hires rating analysts, they help the company make better business decisions by researching, analyzing, and communicating data to management. This data pertains typically to specific security they may invest in. 

Buy-side  securities analysts  usually work for large institutional investment firms such as hedge funds, mutual funds , or pension funds. Buy-side analysts are considered more professional, academic, and reputable when compared with sell-side research analysts. 

Being a buy-side analyst is all about being right and occasionally avoiding negatives. They also cover one sector, such as the industrial or technology sector. For sell-side analysts, it is common for funds to have multiple analysts for one industry. 

A sell-side analyst's job is to follow a few companies, most within the same sector. These analysts will provide reports on the companies, offer models that project the firm's financial results, and speak with customers or competitors. 

The sell-side analyst's job is to provide research and reports on companies, financial estimates, and price targets. Many analysts will combine their estimates and price targets into one, calling it a consensus estimate. Sell-side analysts provide their reports to investment institutions. 

The analysts will report their research results and what they can conclude. Most of the results they will find are in large clumps of data that most people cannot read. When transitioning it into a presentation, they will add a buy, sell, or hold recommendation. 

Buy-side and sell-side do a lot of the same work; however, the sell-side will sell the research and reports made. That said, the sell side could see a decrease in demand since the buy and sell sides do the same work. 

Research Analyst Qualifications

Most analysts will need a minimum of a bachelor's degree even to be considered for a job. Most employers like their analysts to have a bachelor's degree in statistics, mathematics, or a related discipline. Most entry-level positions do not require a master's degree.

Here is a list of acceptable degrees:

  • Mathematics 
  • Statistics 
  • Business administration 
  • Data Analytics

Most entry-level analyst positions do not need much experience, but some mid to senior-level positions may require a minimum of two to four years of experience. In addition, many students complete internships throughout college, which helps them land their first job. 

Once they have completed their bachelor's and worked for a few years to gain experience, they may consider returning to school to complete a master's degree in statistics or mathematics. This will help an analyst get better positions within their companies. 

Other degrees that show future employers that you understand the field are data science, data analytics, and computer science. Many analysts work with computers for most of their days, so understanding how computers work, and applications work may be helpful.

There are a few reasons employers are okay with if an analyst does not have prior experience. First, employers can teach the analyst how they want their jobs completed. Also, although analysts may not have much experience, they still might have valuable skills.

There are primarily two groups of skills you need to become a securities analyst. Technical skills are those that can be required for a specific job. Soft skills are those that travel from job to job. 

For physicians, a few technical skills would be prescribing medication correctly or diagnosing conditions. However, a car mechanic would not need these. Instead, both professions could use soft skills like communication and leadership.

These are the technical skills needed to become a research analyst, and you should consider gaining a few before applying for internships and jobs. These skills are:

  • Research methods
  • Statistics, statistical modeling
  • Database Administration
  • Knowledge of A/B testing

A/B testing is a way of comparing two different methods to figure out which one performs better. For example, an analyst may consider A/B testing two other securities to determine which may perform better over time. 

Some soft skills needed to become an equity analyst are:

  • Communication skills
  • General computer skills
  • Customer or client focus

These skills are required for an entry-level position. Although surprising, client focus is a superior skill that impacts the success of analyst jobs.

For instance, analysts will need to use their communication and client-focus skills to win a client over or express their opinion on a certain asset. In addition, the analyst must be able to communicate the information they find in their research to clients and managers. 

The analyst will need more skills that can also be considered logical reasoning, critical thinking, attention to detail, presentation, and organizational skills. These skills are must-haves if one wishes to become an equity analyst.

For example, an analyst will work with lots of data from different places. If they cannot organize the data into something readable and clean, they will not be able to conclude anything from the information.

There are many skills and moving parts as an analyst; this is why the field can be so competitive. 

There are many slight differences between a financial analyst and a securities analyst. Still, the main difference is that research analysts cover a much broader use of research, examination, and interpretation. The data collection can be considered more of an investigative act. 

Financial analysts will likely give trading or investing advice from the data they collect, examine, and report to their managers. A crucial role of financial analysts is to analyze investment portfolio performance and look for new flaws or opportunities. 

These analysts rely on fundamental analysis to determine a company's value; they will analyze its:

  • Profitability

current outstanding debt.

This detailed analysis can be used to find an investment opportunity for their firm. 

Securities analysts can be considered more data crunchers. They will spot:

  • Market trends
  • Abnormalities
  • Flaws to find investment opportunities

As a result, their outlook can be broader than financial analysts. Although, some research positions are closely related to financial analysis. These are investment research analysts, they can be considered higher securities analysts, and they make more than the average securities analyst. 

The two jobs regarding education are similar. Although both analysts need a good background in finance and economics, financial analysts certainly need it more than securities analysts. Both also need a good education in mathematics. 

Regarding pay, financial and equity analysts have little difference in their salaries; the average for both careers is about $80,000. Senior-level positions are usually paid more. However, entry-level positions for both jobs are between $50,000 and $70,000. 

Generally, there are a few main differences between financial and equity analysts. A financial analyst inspects financial data and helps companies make decisions. An equity analyst will gather and interpret data and make future financial projections. 

Salary, Job Demand, and Job Outlook

Salaries for equity analysts can be pretty stout; for an entry-level position straight out of college, analysts can expect to make $50,000 to $70,000 a year. Although that does not sound like a great paycheck, remember you have little to no experience, and it takes time. 

Mid to senior-level analysts can expect to make salaries between $65,000 and $90,000 yearly. However, salaries also depend on the companies you work for and your location. For example, an equity analyst for JP Morgan will likely make more than an analyst at a local college.

Most places need these analysts: they provide crucial information for corporations, hospitals, colleges, universities, and, most importantly, large financial institutions. This is important for college students who desire to be equity analysts in the economic field. 

Research analysts understand how to collect, interpret, and report data, including unstructured and big data. This is extremely important for companies as more and more companies rely on technology, making the demand for security analysts very high. 

The job outlook for these analysts is outstanding: These positions are expected to grow by 19% between 2021 and 2031. This growth rate is much higher than most of their occupations. Technology and finance companies are relying on equity analysts more and more.

Analysts are needed in large financial institutions, small businesses, local banks, and corporations. Moreover, they are highly beneficial to those that use them.

Research analysts are people who research, develop data, investigate the data, and report it to their managers. The data they are looking for can be anything from news, financials, or press releases of companies or markets. These analysts work for large financial institutions. 

Some of the responsibilities of analysts are to be data crunchers. The analyst will research, analyze, and interpret data from markets. Analysts have many quantitative and analytical characteristics that make them suitable for the job. 

Data is the foundation of many companies. The analyst brings it to one place, analyzes it, and reports it to their managers clearly and concisely. They play a vital role in the success of financial institutions and many other businesses by giving projections and advice on equities.

Someone aspiring to become an equity analyst should complete a bachelor's degree in statistics, mathematics, or something related. Then, after a few years, it may be worthwhile to go back and complete their master's. Experience is the biggest motivator for promotions and raises. 

Experience will bring better technical skills, including research skills, statistical reasoning, modeling, and A/B testing. However, soft skills are also necessary, such as excellent written and verbal communication and leadership. 

Lastly, securities analysts can expect to make between $50,000 and $70,000 at an entry-level position and between $65,000 and $90,000 for mid to senior-level positions. The job outlook for securities analysts is also excellent; between 2021 and 2031, the expected job growth is 19%. 

Analysts play a crucial role in many businesses and are especially important to financial institutions. It is also an excellent career for those who like to solve mathematical and statistical problems. 

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Research Analyst - Gender Equality

Istanbul (Home-Based), TURKEY

Type of Contract :

IPSA (Short-Term)

Starting Date :

01-Apr-2024

Application Deadline :

25-Feb-24 (Midnight New York, USA)

Post Level :

Duration of initial contract :, time left :, languages required :.

English  

Expected Duration of Assignment :

UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence. UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.

The Istanbul Regional Hub (IRH) is UNDP’s main knowledge and advisory hub for the countries and territories serviced by UNDP’s Regional Bureau for Europe and CIS (RBEC). The Gender Equality Team at the UNDP IRH supports UNDP Country Offices in 19 countries and territories in the Europe and Central Asia region with a range of advisory services to advance gender equality and women’s empowerment. Specifically, the IRH Gender Equality Team works to deliver opportunities and improve skills for women’s economic empowerment, especially in the future world of work, focusing on the STEM (Science, Technology, Engineering and Mathematics) sectors; address and prevent violence and all forms of discrimination against women and girls; support women’s leadership and participation in decision-making processes; support Country Offices to close gender gaps and deliver gender equality results aligned with the SDGs as part of their national programmes.

The IRH Gender Equality Team also supports the design and implementation of regional and sub-regional initiatives to promote gender equality and women’s empowerment, and tracks and presents the results achieved by UNDP programmes and initiatives in the region in advancing gender equality and women’s empowerment. Among others,  STEM4ALL is a regional digital platform launched by UNDP and UNICEF in 2021, which has catalyzed widespread interest in knowledge exchange, community building and cross-sector collaboration to overcome systematic gender barriers, break stereotypes, and access networks and resources to advance girls and women in STEM education and professional careers.

UNDP also recognizes the role women play in empowering other women as parliamentary representatives, strengthening the gender responsiveness of parliaments, and adopting gender-sensitive policy and legislative frameworks. In 2020, the UNDP Istanbul Regional Hub launched an interactive online platform, Equal Future . The platform allows users to actively observe the progress on women’s political participation in countries and territories in the Europe and Central Asia (ECA) region since the 1995 Beijing conference. In the spring of 2023, UNDP started a process to restructure the Equal Future platform. The new platform has been designed to expand its scope to cover aspects of women’s leadership and participation in politics and public administration, in collaboration with the University of Pittsburgh and #ShePersisted, and function as a one-stop shop with data, resources, and training and events, in addition to providing examples of good practices implemented by UNDP and other institutions in the region and beyond.

Duties and Responsibilities

Under the direct supervision of the Team Leader, Gender Equality and Women’s Empowerment, at the UNDP Istanbul Regional Hub, the research analyst will undertake the following tasks:

Research, advocacy and communications

  • Support research and data collection on gender equality issues such as care work, in its paid and unpaid forms, women’s leadership and representation in politics and public administration, women in STEM and gender equality in the green transition, in 19 countries and territories in the RBEC region, including by supporting the consultations and development of the Regional Gender Equality Strategy;
  • Support design and implement online advocacy campaigns, STEM4ALL, Equal Future and other thematic virtual events, in accordance with key international days such as International Women’s Day (8 March), the Day of the Girl Child (11 October) and others, by developing advocacy and communication products and items, including newsletters, blog posts, podcast episodes, social media posts, etc.

Knowledge management

  • Support scan, curate relevant resources and tools for the STEM4ALL and Equal Future platforms;
  • Support scan and curate relevant resources for the RBEC Gender Equality newsletter (Monthly Resources);
  • Support the organization of internal and external regional meetings, workshops, and online events involving UNDP staffs and external gender equality practitioners (e.g., conferences, launch events for publications, internal presentations);
  • Support the management of contact databases for STEM4ALL platform and the STEMinists Network.

The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization.

Competencies

Core Competencies:

Achieve Results:  LEVEL 1: Plans and monitors own work, pays attention to details, delivers quality work by deadline

Think Innovatively:  LEVEL 1: Open to creative ideas/known risks, is pragmatic problem solver, makes improvements

Learn Continuously:  LEVEL 1: Open minded and curious, shares knowledge, learns from mistakes, asks for feedback

Adapt with Agility:  LEVEL 1: Adapts to change, constructively handles ambiguity/uncertainty, is flexible

Act with Determination:  LEVEL 1: Shows drive and motivation, able to deliver calmly in face of adversity, confident

Engage and Partner:  LEVEL 1: Demonstrates compassion/understanding towards others, forms positive relationships

Enable Diversity and Inclusion:  LEVEL 1: Appreciate/respect differences, aware of unconscious bias, confront discrimination

Cross-Functional & Technical competencies:

Required Skills and Experience

The following documents shall be required from the applicants:

  • Personal CV or P11 , indicating all past positions held and their main underlying functions, their durations (month/year), the qualifications, as well as the contact details (email and telephone number) of the Candidate, and at least three (3) the most recent professional references of previous supervisors. References may also include peers.
  • A cover letter (maximum length: 1 page) indicating why the candidate considers him-/herself to be suitable for the position.
  • Managers may ask (ad hoc) for any other materials relevant to pre-assessing the relevance of their experience, such as reports, presentations, publications, campaigns or other materials.

World in your hand

Important Information:

Related links, economics in action.

Yaa Opoku-Agyeman of the Bureau of Labor Statistics and Rachel Lee of Uber Eats talk about their careers as economists and how they have applied their research and analysis skills to address everyday issues.

  • Economics in the Hot Seat

Tim Sablik: My guests today are Yaa Opoku-Agyeman, an economist at the Bureau of Labor Statistics, and Rachel Lee, an applied scientist at Uber Eats who works on real-time pricing. Thank you both for joining me today.

Yaa Opoku-Agyeman: Thank you for having us.

Rachel Lee: Yeah, thanks for having us.

Sablik: On the show, I often talk to our research economists about policies and macroeconomic trends that can seem a little removed from most people's daily lives. So today, we're going to try to bring things back down to earth and talk a little bit about how economics is used in different real-world contexts.

You both recently participated in an event hosted by the Richmond and St. Louis Feds called "Economics in the Hot Seat." We'll put a link up to the video of that event for any listeners who are interested in checking that out. I'm excited to continue the conversation today here on the podcast. I'll ask you both some questions about your career paths and how you use economics in your daily jobs.

To kick things off, Yaa, how did you first get interested in economics?

Opoku-Agyeman: Before I start, these opinions stated are my own and not that of the Bureau of Labor Statistics or the Department of Labor. These are purely Yaa Opuku-Agyeman's answers.

I got interested in economics, like most students do, in terms of taking an Econ 101 course. If you succeed, you stick with it. If you don't, you leave it behind.

Sablik: Rachel?

Lee: I have a similar story to Yaa's. When I was in high school, I didn't think that I would ever use econ, so I opted to take that class — out of all of my high school classes — online. And then, ironically, in my first year of undergrad, I was a business student and took Business Econ 101. I really connected with it and was drawn to it, eventually switched over to be an econ major, and just kept going with that.

Sablik: Can you each describe what you do in your job and how you use economics in your typical day?

Opoku-Agyeman: Because I work in the Bureau of Labor Statistics under the Department of Labor, it's a lot of labor economics. So, unemployment rate, inflation rate, wage statistics, that's usually the type of data I'm working with.

A typical day usually includes data analysis, writing press releases, and interacting with data users as well as the public. I might give a presentation one day, and then the next day I might be fielding a couple of calls with data users navigating our website or pulling data that best suits them.

Lee: I am on the surge pricing team for Uber Eats. Basically, the entire premise of our main product is rooted in economics and the laws of supply and demand. Every week, we evaluate data from all of the markets that we serve globally to determine whether our algorithms are working as intended to balance out the marketplace, to balance out supply and demand, or if we need to adjust or improve the model in some way. Also, in my day-to-day, I'll be designing and running experiments to test whatever products we're developing. That's also very related to a lot of applied econ work.

Sablik: As I mentioned in my introduction, I think economists are sometimes portrayed as maybe a bit out of touch with the public, working on research and writing on topics in their ivory towers. I'm curious how your work interacts with issues that are a bit more connected to everyday people.

Opoku-Agyeman: Most people are in the labor force market here in the U.S., so my [work] is pretty hands on in terms of interacting with people day to day [on the] type of issues that matter to them, so inflation in terms of the inflation trend — not only nationally but regionally and then even down to the metro level. We don't offer solutions, we offer facts.

Lee: To piggyback off of that, a lot of economics are not out of touch at all. I think it's very common for many people, including people in my own family, to think that economics is only about interest rates and the stock market. In reality that's such a small sector of a vast range of topics that economists study. I think a lot of research topics are incredibly important in the real world.

I guess I'm a little bit biased because I am more of an applied person, but a lot of applied economists use real-world data to understand causal links between things and try to learn from what's happening in the world so that we can improve in some way. Topics such as labor economics and development economics are super important for all of us, really.

Last year, Claudia Goldin won the Nobel Prize in Economics studying the gender wage gap and inequality in the labor market for women. She was just looking at how this has evolved over time. I think that's super important.

Opuku-Agyeman: Yeah, it's true. A lot of the research that economists do look at, it's mainly from interactions that we have every day. So yes, sometimes the papers can be dense, but it's not necessarily out of touch. With the Bureau of Labor Statistics, you can get data for contract negotiations and pay raises.

Lee: A lot of what applied economists do and econometricians [do] is try to find ways to use natural experiments to learn about causal links. A couple of years ago, David Card won the Nobel Prize alongside [Joshua] Angrist and [Guido] Imbens and they use natural experiments to look at immigration and the minimum wage and education and how those things impact the labor market.

Sablik: Yeah, I think those are all great points. I may have been strawmaning a little bit with that question.

Lee: I think you're totally right. A lot of people are like, "Oh, economists, what do they even do?"

Opoku-Agyeman: Exactly.

Lee: We do so much.

Sablik: Hopefully, this conversation will help in that regard, help people to realize the connections.

Could you each give an example of a particularly interesting real-world problem that you've worked on?

Opoku-Agyeman: Here in our office, we've been assisting other government entities with understanding our data to assist in publically funded services. Some of our programs are in partnership with the Census, so we end up fielding calls about how to best use the data that they have or that they collect and that we put out, or vice versa. It's just interesting seeing the type of issues that they end up dealing with.

I can't go into too much detail because of government, but the real-world problem is public funding.

Lee: Something that I worked on when I first joined [Uber Eats], which was pretty exciting and interesting to me, was I helped identify times and places that were undersupplied, basically didn't have enough couriers for the amount of demand. This was particularly relevant during COVID because everyone was at home, people didn't quite know what was going on.

One thing we did to try and help improve the health of the marketplace and meet that demand was, whenever an area was surging and couriers could get paid a bit more, we would try to encourage offline couriers to come online by basically thinking about "where do you typically work as a courier?" If that area is surging, we'll let them know like, hey there's opportunities right now to make a bit of extra money if you want to come online and make some more deliveries. That was something that was really cool.

Sablik: What do each of you like most about what you do?

Opoku-Agyeman: For me, I like how I'm able to interact with a little bit of everything. Here at the Bureau of Labor Statistics, we have a couple of programs such as the import and export program that I'm really interested in, given that my degree was in international relations, seeing how the trade numbers come in with import and export prices. But then I can also work with wage data. I wanted a position that allowed me to interact with different areas rather than settling on one specialization.

Lee: One thing that's pretty different about working at a place like Uber versus being a PhD student or in academia is that we're able to design and run experiments to learn about whatever particular thing we're trying to learn about. Of course, this is also done in academia. But I think it's a bit easier to do it from the standpoint of a market that we totally control and can make little tweaks to or introduce new products to. So, I think that's something that's been really fun.

Sablik: I was gonna say that's an economist's dream to run your own experiments.

Lee: Exactly. It's quite rewarding once you launch it, especially If you get some promising results and can launch a product or something out of it. It's really exciting.

Sablik: Returning a bit to the previous conversation about applied economics and the ways it interacts with daily life, do you have any advice for students who are thinking about studying economics and, in particular, advice for students who are interested in economics but might not want to go down the PhD path?

Opoku-Agyeman: My advice for students thinking about studying economics is find how economics complements what you're interested in. It's the study of markets that involve resources and the production of goods and services at the fundamental level.

When I was told that I should have a backup plan because in international relations not everyone's going to become a diplomat, econ and politics worked very well together. That led me down the trade route, and that led me down to sustainable development. Find what you're interested in and then see how it's related to econ and then work from there.

For those that don't necessarily want to go down like the PhD route — I didn't — you have to know yourself really well before you commit to those years of schooling and, again, with your lens focused on interests that can help you better understand some areas of how the economy works, something that you know you're willing to study for long periods of time and you're not going to drop it in the middle.

Lee: My answer is really similar to Yaa's. I would say my advice for students, not just those in econ but generally, is to really think about what you're interested in doing beyond school and find subjects that will teach you the skill sets or prime you to do that job or career or help you move towards those goals. At the end of the day, school is really just an investment in yourself.

Sablik: Yaa and Rachel, thank you both for coming on to talk about your careers and economics journeys.

Opoku-Agyeman: Thank you for having us.

Lee: Thanks for having us. This was a blast.

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The Forrester Wave™: Learning Management Systems And Experience Platforms, Q1 2024 — Three Things I Learned

Katy Tynan , VP, Principal Analyst

For the last six months, I’ve been deep in the weeds of evaluative research on learning platforms, and it has been eye-opening. Organizations are rapidly adapting to skills-based talent models, talent shortages are continuing to drive interest and investment in learning and development, and generative AI (genAI) is disrupting how learning is being built and delivered. Clients can read the full report here: The Forrester Wave™: Learning Management Systems And Experience Platforms, Q1 2024 .

Here are three big takeaways from this research:

  • Standalone authoring tools are dead . When I did a prior iteration of this Forrester Wave™ in 2021, most content was created in standalone authoring tools such as Adobe Captivate and Articulate’s Storyline. These tools, used primarily by instructional design professionals, were as necessary to the development and delivery of learning as the platforms themselves. In 2024, nearly every platform I assessed had a native authoring tool, and several were as capable as any standalone tool. Takeaway: If you’re still paying for a separate authoring tool, it’s time to revisit your learning platform’s capabilities.
  • Platform categories are blurry . For nearly five years, I have divided learning platforms into four categories: learning management system, or LMS (delivers content); learning experience platform, LXP (curates the experience); digital adoption platform, or DAP (provides embedded learning in business applications); and skills development platform (contains content). Today, these circles have moved closer and closer together until there is barely any way to distinguish them. Most LMS platforms have robust LXP capabilities. Many are also capable of headless/stateless delivery, allowing them to be embedded in business applications, and an increasing number of learning platforms are shipping with a significant amount of content, either directly or through partnerships. Takeaway: While you still likely need more than one learning platform in your ecosystem, you might not need as many as you have .
  • GenAI brings opportunity and risk. Like every other business process, genAI is making its mark on learning. Some vendors have been early movers in the space, incorporating genAI into authoring tools to evaluate submissions and create more interactive experiences for learning. Thoughtful use of genAI brings great potential in learning applications, but there are risks, as well. Most genAI tools don’t do a good job of citing sources, which can lead to copyright violations. It’s still not clear who will be on the hook when genAI makes mistakes. Takeaway: Before you implement promising new capabilities of genAI, make sure that you know how it works so you can evaluate the risks.

Forrester clients can read the whole report to see the scoring details, along with the criteria we use to determine which vendors are most able to help you with specific priorities and case studies. Also, request an inquiry or guidance session with me to learn more.

Related Forrester Content

  • The Forrester Wave: Learning Management Systems and Experience Platforms, Q1 2024
  • The Learning Management System and Experience Platform Landscape, Q4 2024
  • employee experience
  • Future of Work

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Global Investment Research, Equity Research, Greater China - Technology, Analyst, Hong Kong

YOUR IMPACT Are you passionate about research and generating investment ideas?  We’re looking for a professional to join our Greater China - Technology sector team in Hong Kong, to develop valuable insights and investment ideas for our clients.

OUR IMPACT From macroeconomic forecasts to individual stock analysis, our team develops tools and insights to help shape investment strategies for clients and the firm. Our analysts work on client-focused research in the equity, fixed-income, currency, and commodities markets, mining big data that enters markets around the world each day to identify game-changing insights. You’ll be part of a team that is intellectually curious, creative, analytical, and passionate about performing market research.

HOW YOU WILL FULFILL YOUR POTENTIAL

We are looking for an Analyst to join our Equity Research team. 

  • Providing support to single stock research analysts 
  • Building, maintaining and updating company forecast and valuation models 
  • Analyzing market share, macro trend, and cross company and sub sector data analysis 
  • Write research notes on companies under coverage 
  • Working on company / sector-specific projects 
  • Conducting statistical analysis of economic data, fundamentals, and relevant correlations of the data 
  • Update monthly reports and marketing presentations 
  • Working closely with Content Management Group to ensure timely publication of research reports 
  • Respond to ad hoc requests from clients, sales and traders

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

  • University degree (finance, accounting major preferable) 
  • 1-3 years relevant work experience
  • Excellent verbal and written communication skills in English and Mandarin
  • Excellent analytical, organizational, and creative skills 
  • Excellent skills in Microsoft Office applications (Excel, Word, PowerPoint) 
  • Ability to work/conduct independently and with limited supervision 
  • Meticulous attention to detail, strong analytical and organizational skills

PREFERRED QUALIFICATIONS

  • Strong ability to perform financial statement, business and valuation analysis
  • Comparable business/financial/consulting experience preferred
  • Demonstrated ability to think laterally and exercise good judgment 
  • Self-starter attitude with high level of enthusiasm for equity research.
  • Natural curiosity, critical thinking, logical thinking

MUO

The 8 Best Tech Careers in the Military

I f you’re looking to serve your country while operating in tech, a tech career in the military may be the best fit for you. As a military techie, you can provide crucial support to frontline combat operations or handle IT operations within state-of-the-art data centers, far away from the peril of bullets and bombs.

Whether you'll be writing complex code or deciphering hidden signals, every tech and cyber job in the military plays a pivotal role in ensuring mission success.

1. Operations Research Analyst

Operations Research Analysts (ORAs) employ advanced analytical practices to enhance decision-making in the military. By adopting mathematical models and data-driven insight, they provide calculated solutions that yield tactical results.

As an operations research analyst, you get to use your tech skills to:

  • Create simulations to forecast outcomes and analyze the feasibility of various strategies.
  • Offer insights for adjusting to strategies during missions.
  • Carry out a risk assessment and estimate potential exposures in military operations.
  • Boost the overall efficiency of military operations with data.

To become a qualified ORA and to avoid making a tech career mistake , you need a degree of relevant expertise. For example, a degree in statistics, computer science, or applied mathematics can pivot you into an ORA role. Most importantly, you need a security clearance to work in the military.

2. Radar Technician

A radar technician is an electronics specialist that handles radar equipment in the military. If you desire to become a radar technician, the tools you will be in charge of revolve around radar equipment for weather forecasting, air traffic control, and astronomy.

Likewise, you will use advanced test equipment to analyze and calibrate systems. You need relevant technical skills and qualifications to prepare your arsenal for this role. Qualifications include a vocational school certificate or an Associate Degree in Electronics Science or Electronic Engineering Technology.

As with other technical positions in the military, you will need a security clearance to work on radar systems for the military.

3. Information Security Analyst

An Information Security Analyst is an expert who designs and implements network protection. In the military, they help set standards and maintain computers and electronic networks while safeguarding them from cyberattacks.

As an information security analyst, you are responsible for:

  • Monitoring computer networks for security issues and potential threats.
  • Scrutinizing security and other cybersecurity-related breaches.
  • Performing compliance control testing.
  • Providing information security measures.

To be outstanding in this career, you must possess analytical thinking and problem-solving skills and understand the importance of teamwork. This is one of the numerous benefits of learning soft skills for tech professionals . Other necessities include cybersecurity basics and understanding privacy laws.

4. Robotics Engineer

In the military, a robotics engineer focuses on building machines and robots that can act and imitate human actions. Robotics engineers rarely have war-front duties; they mainly control war-aid machines. Some of the robots they create are reconnaissance and surveillance robots.

Robotics engineers also team up with mine clearance squads to operate mine clearance machines to eliminate human casualties in mine defusing. To qualify for this kick-ass role, you must understand robotics, automation technologies, and programming. Similarly, you must be a problem solver and be able to work with a team.

5. Network Architect

As a network architect in the military, your task is to ensure seamless operations of the communication networks. The optimum performance of communication networks is paramount in the military.

Network architects collaborate with communications operators to establish and test secure network channels. In addition to designing these networks, network architects manage computer network infrastructures to confirm they operate seamlessly.

Among other things, network architects:

  • Manage information and network security
  • Implement hardware and software upgrades
  • Repair faulty network equipment
  • Keep documentation of networks ranging from drawings to descriptions and configurations.
  • Research network technologies and stay updated on field advancements.

To pursue a career as a Network Architect, you need a degree in IT-related fields such as Systems Engineering. Additionally, other computer-related courses give you hands-on experience and relevant skills to carry out your duties as a network architect.

Aside from the background qualification for the role, you must also possess some soft skills. First, you must be able to think critically under pressure, pay keen attention to detail, communicate effectively, and possess leadership skills. These are skills you can add to your resume to boost your chances of landing the role.

6. Cryptologic Technician

A Cryptologic Technician (CT) serves in the Navy to gather data and intelligence via signals and electronic communications. With this data, they can provide insights into safe sailing on the seas.

As a CT technician, your job responsibilities include the following:

  • Guiding military leaders in warfare, focusing on air, sea, and land radar signals.
  • Collecting data and preventing data breaches.
  • Installing, troubleshooting, configuring, and requesting replacements of electronic systems.
  • Analyzing encrypted communication signals.
  • Block enemy radar signals.

7. Satellite Communication Systems Operator

Satellite communication systems operators (SCSO) ensure that the lines of communication are always steady and working in the military. They are the bridge for communications as fast as the speed of light in the military. As a result, they maintain multichannel satellite communications for the entire military.

Besides, as an SCSO, you are responsible for carrying out stressed and unstressed network operations and preparing the system and equipment-related reports. With these tests, the military can be confident of seamless communication in warfare.

Furthermore, to position yourself for the SCSO role, you must take the Armed Services Vocational Aptitude Battery and undergo Basic Combat Training in addition to 18 weeks of Advanced Individual Training. However, if you prefer remote careers in the military, you can look out for them on sites for finding remote tech jobs .

8. Database Administrator

Databases are used to keep records of people, equipment, and other important series of information. For the upkeep of this information, they require the services of a database administrator.

As a database administrator in the military, you get to use your skills to:

  • Establish policies and procedures to ensure military security, maintenance, and use of the database management system.
  • Ensure that military data and databases are appropriately backed up and can be recovered quickly.
  • Converting conventional data models into a physical database design.

While obtaining a degree in an IT field is a prerequisite for this role, database administration certifications are pertinent. Some certifications include IBM Certified Database Administrator, Microsoft Certified Solutions Associate, and Oracle Database Administrator Certified Associate.

Serving as an IT Specialist

Do you want to serve your country as a techie? You can easily do so with tech careers in the military. From war-front tech operations to command center technical responsibilities, there are numerous jobs for techies in the military.

As a techie in the military, you can make the world safer with cutting-edge tech that can preserve lives on the war front. The possibilities of tech in the military are endless.

Q: What Is the Hardest Military Branch to Get Into?

The Air Force is often considered the hardest military branch to get into in terms of education requirements. It requires a high school diploma or equivalent, and a score ranging from 31 to 65 on the Armed Forces Vocational Aptitude Battery (ASVAB) depending on your current education level. The Air Force also has stricter standards for physical fitness and medical fitness than the other branches.

Q: What Is the Most Advanced Military Tech?

Military technologies are constantly evolving, but some of the most cutting-edge ones in development or deployment today are hypersonic weapons that travel at Mach 5 speeds or higher (Mach 1 is the speed of sound), artificial intelligence for developing autonomous weapons systems and analyzing battlefield data, cyberwarfare to disrupt the enemy's computer systems, and quantum computing to break encryption and simulate battlefield scenarios.

Q: What Is the Best Branch of the Military to Join for Cybersecurity?

The Air Force and Space Force are the two military branches to consider if you're interested in cybersecurity. Both have the largest cybersecurity forces—so there won't be much competition—and offer the most opportunities for training and advancement allowing you to advance in your career more quickly than you otherwise would in other branches of the military.

The 8 Best Tech Careers in the Military

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  1. Different Types of Analyst Roles

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  3. Research Analyst Skills for Resume (2020)

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  4. 12 Equity Research Analyst Skills: Definition and Examples

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  5. Top 17 Quantitative Research Analyst Resume Objective Examples

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  6. How to Become a Research Analyst

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  1. 4. Research Skills

  2. Research Methodology Video for Final Exam

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  1. How to Become a Research Analyst? Description, Skills, and Salary

    You should also have experience in conducting financial analysis and predictive modeling. Presenting your findings effectively is also essential because you will often offer them to stakeholders who need to understand them. Research analysts typically work full-time during regular business hours from Monday through Friday.

  2. 15 Research Analyst Skills For Your Resume

    Python, 3.6% Data Entry, 3.3% Other Skills, 67.7% 15 research analyst skills for your resume and career 1. Data Analysis Data analysis is a process of examining data to draw conclusions. Research analysts use data analysis to prepare test records, assist in audit work programs, and summarize research activities.

  3. How to Become a Research Analyst: Skills, Industries, and Tasks

    Research Skills What does a research analyst do? Powered by AI and the LinkedIn community 1 Skills and qualifications 2 Types of industries and projects 3 Day-to-day tasks 4 Challenges...

  4. Research Analyst

    There are several key skills you should have in order to be successful in the field of research analysis. While everyone is different and all sorts of people can be successful as an analyst, there are some skills and traits that nearly all RAs share. The most commonly found research analyst skills and personality traits are: Good with numbers

  5. Research Analyst Job Description [Updated for 2023]

    Job Descriptions Hiring by Industry More Post a Job Research Analyst Job Description: Top Duties and Qualifications 2:30 Last updated: September 27, 2023 A Research Analyst, or Researcher, is responsible for using their knowledge of research tools and industry trends to conduct research projects.

  6. How to Become a Research Analyst

    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.

  7. 11 Research Analyst Skills: Definition and Examples

    Skills Research Analyst 11 Research Analyst Skills: Definition and Examples In order to be a successful research analyst, there are a few key skills that you will need to possess. This article will provide definitions for 12 of those skills, including: critical thinking, problem solving, data analysis, research, writing, presentation, and more.

  8. Research Analyst Roles and Responsibilities

    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.

  9. How to Become a Research Analyst: Complete Career Path

    Earn a Degree. 2. Choose a Specialty in Your Field. 3. Get an Entry-Level Position as a Research Analyst. 4. Advance in Your Research Analyst Career. 5. Continued Education for Your Research Analyst Career Path.

  10. How To Become a Research Analyst

    However, there are four fundamental steps to follow for anyone who aspires to be a research analyst. 1. Earn the relevant college degree. A research analyst role requires advanced problem-solving, mathematical, technological, and analytical skills. The most reliable way to demonstrate these qualities to a potential employer is with a college ...

  11. 5 Steps for Becoming a Research Analyst

    A research analyst can use skills like technical proficiency, pattern recognition, finance knowledge and written communication when collaborating with others and assessing data. To become a research analyst, you can earn a bachelor's degree, complete an internship and earn your chartered financial analyst (CFA) certification. Related jobs on Indeed

  12. Top Skills for Research Analysts in 2024 (+Most Underrated Skills)

    For entry-level Research Analysts, essential skills include a strong foundation in statistical analysis, proficiency with data analysis software (such as Excel, SPSS, or R), and the ability to conduct thorough literature reviews. They should be adept at collecting data through various methods, including surveys and databases, and have a keen ...

  13. Research Skills: What They Are and Why They're Important

    Research skills in the workplace. Many employers value research skills in their employees, especially when it comes to research-oriented positions such as those in analysis and data management. Common research skills necessary for a variety of jobs include attention to detail, time management, and problem solving.

  14. How To Become Research Analyst? Skills, Salary & Job Requirement

    Research analysts typically have strong critical thinking and communication skills and are curious to understand complex issues deeply. Job Description and Responsibilities of a Research Analyst The key responsibilities mostly mentioned in research analyst job description include:

  15. The Most Important Research Skills (With Examples)

    By Sky Ariella Jul. 27, 2023 Find a Job You Really Want In Research skills are the ability to find out accurate information on a topic. They include being able to determine the data you need, find and interpret those findings, and then explain that to others.

  16. How to become a research analyst (with skills and tips)

    A research analyst typically monitors the progress of projects, deadlines and data sets, which requires accurate attention to detail. Related: What does a research analyst do? 5. Excellent communication skills It's important that research analysts understand the data they're looking at and can communicate their findings clearly.

  17. Research Analyst

    Soft skills like communication, client focus, logical reasoning, critical thinking, and attention to detail are also essential. Salaries for research analysts can vary but generally range from $50,000 to $90,000, with higher pay for mid to senior-level positions.

  18. Research Analyst Career: How to, Skills, and Salary.

    A.In India, the average salary for an Equity Research Analyst is ₹8,00,000 per year. Additional cash compensation can range from ₹71,500 to ₹4,76,858, depending on experience and performance. Learn what a research analyst does, how to become one, what skills you need, and how much you can earn in this exciting field.

  19. Research Analyst

    The average salary for a research analyst is $62,000 per year in the United States. A junior level or fresher with less than a year of experience can have an average salary of $49,000. Those having 1-4 years of experience earn an average total compensation of $53,000. A mid hierarchy research analyst with 5-9 years of experience has average ...

  20. What Is a Market Research Analyst? 2024 Guide

    Analyzing data sets and communicating findings Contributing data-backed insights to marketing strategy Conducting product testing and brand research What type of research does a market research analyst conduct? A market research analyst conducts qualitative and quantitative research.

  21. What Is a Research Analyst? (Duties And Qualifications)

    Research analysts collect financial data, analyse it, develop logical conclusions and prepare a research report. If you have strong mathematical skills and a passion for giving important financial advice to businesses, a career as a research analyst can be a good career path for you.

  22. 37 Research Analyst Interview Questions (With Sample Answers)

    In this article, we explore 37 research analyst interview questions, with sample answers to a few of them. General research analyst interview questions ... You can showcase your technical skills, which can further explain why you would be a suitable fit for the position. Make sure that your criticism is constructive, and consider mentioning ...

  23. UNDP Jobs

    Desired skills in addition to the competencies covered in the Competencies section Academic background and/or research experience in gender equality and women's empowerment is a strong asset. Experience in organizing online events, including planning, logistics and reporting is desirable.

  24. From 2D slices to a 3D model: Training students in digital microanatomy

    By engaging students in the production of a 3D digital model, this learning activity is designed to provide students a novel way to enhance their understanding of the content, including didactic knowledge of neuron morphology, technical research skills in image analysis, and career exploration of neuroanatomy research.

  25. Economics in Action

    Tim Sablik: My guests today are Yaa Opuku-Agyeman, an economist at the Bureau of Labor Statistics, and Rachel Lee, an applied scientist at Uber Eats who works on real-time pricing. Thank you both for joining me today. Yaa Opuku-Agyeman: Thank you for having us. Rachel Lee: Yeah, thanks for having us. Sablik: On the show, I often talk to our research economists about policies and macroeconomic ...

  26. What Is a Market Research Analyst? (With Duties and Skills)

    Finding a job What Is a Market Research Analyst? (With Duties and Skills) What Is a Market Research Analyst? (With Duties and Skills) David Hughes Updated July 27, 2023 Many industries rely on market research analysts to help predict potential sales of a product or service and analyze sales trends.

  27. The Forrester Wave™: Learning Management Systems And Experience

    For the last six months, I've been deep in the weeds of evaluative research on learning platforms, and it has been eye-opening. Organizations are rapidly adapting to skills-based talent models, talent shortages are continuing to drive interest and investment in learning and development, and generative AI (genAI) is disrupting how learning is being built and delivered.

  28. Global Investment Research, Equity Research, Greater China

    From macroeconomic forecasts to individual stock analysis, our team develops tools and insights to help shape investment strategies for clients and the firm. Our analysts work on client-focused research in the equity, fixed-income, currency, and commodities markets, mining big data that enters markets around the world each day to identify game ...

  29. The 8 Best Tech Careers in the Military

    As an operations research analyst, you get to use your tech skills to: Create simulations to forecast outcomes and analyze the feasibility of various strategies. Offer insights for adjusting to ...