What does a Principal Research Analyst do?

Research analysts scour public market information and glean valuable insights for the use of companies in buying, investing and selling products or services. Their specialty is condensing large amounts of information into workable financial advice for their clients. As a research analyst, you may specialize in finance, equity or investment markets, among other sectors. Your services may be provided on a freelance basis, you may work for an agency or you may be employed in-house within an organization. Those with experience in marketing, investment or company finance may pursue careers in research analysis.

Research analysts must, at a minimum, hold extensive background knowledge in the market they represent. Most often, a bachelor's or Master's degree in research analytics or a related field is required for employment. You must have strong organizational and communicative skills in order to process relevant information and convey it to clients or employers. Market research skills are also a requirement for this career.

  • Perform qualitative and quantitative research and consultation on relative markets
  • Keep up-to-date knowledge of the industry and related markets being researched
  • Understand the needs of the hiring organization or client in order to target research to their benefit
  • Contact companies and agencies who can provide useful financial data
  • Create clear and useful reports and recommendations for organizational use
  • Communicate with business leaders, financial officers and market representatives
  • Interpret markets to conclude financial recommendations for clients
  • Advise businesses to buy or sell products based on market insights
  • Firm grasp on the financial decision-making process within the company or organization of employment
  • Experience collecting, interpreting and organizing data
  • Additional certifications such as Chartered Financial Analyst (CFA) are preferred
  • Ability to prepare extensive reports and present findings to companies with clear and concise action advice
  • Working knowledge of the target industry and market
  • Advanced speaking and report-writing skills for effective communication
  • Attention to details and a commitment to accuracy
  • Ability to keep sensitive business financial information confidential
  • Ability to keep sensitive business financial information confidential
EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.5 ★
Avg. Experience2-4 years

Principal Research Analyst Salaries

Average Base Pay

$106,137 /yr
Same as national average
Not including cash compensation
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$69K
Median: $106K
$164K
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Glassdoor Estimated Salary

Principal Research Analyst Career Path

Learn how to become a Principal Research Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L2
Research Analyst II
$63,514/yr
L5
See Career Path

Principal Research Analyst Insights

Read what Principal Research Analyst professionals have to say about their job experiences and view top companies for this career.
Assured Investment ManagementAssured Investment Management
Research Analyst
Mar 30, 2021

“Unstructured management; fund performance was not the best while I was there (2016)”

IndustryarcIndustryarc
Associate Research Analyst
Jul 30, 2021

“If you are starting your career this is the best place to learn new things related to market research.”

ExchangeBaseExchangeBase
Research Analyst
Mar 25, 2021

“In my opinion one of the most important things a job can provide is a good work/life balance.”

ValueChampionValueChampion
Senior Research Analyst
Jun 18, 2019

“Excellent Work Culture: I think one of my favorite parts of this job is the people I work with.”

Safe SecuritySafe Security
Research and Analytics
Dec 6, 2021

“As this was my first internship / job I felt very comfortable pinging them to ask them about my doubts and concerns.”

Service Management GroupService Management Group
Research Analyst
Jun 16, 2021

“Career growth is Associate Research Analyst > RA I > RA II > Senior RA and then you hit a ceiling.”

Woozle ResearchWoozle Research
Primary Research Analyst
Aug 24, 2020

“great work life balance and great first step toward equity research industry”

FlexisalesFlexisales
Research Analyst
Sep 25, 2019

“Great place to work and helpful for career growth”

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Principal Research Analyst Interviews

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