What does a 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.

What responsibilities are common for Research Analyst jobs?
  • 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
What are the typical qualifications for Research Analyst jobs?
  • 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 ★
Total Pay--
Career Opportunity
3.5 ★
Avg. Experience2-4 years

How much does a Research Analyst make?

Research Analyst Career Path

Learn how to become a 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
$74,147/yr
L3
L2

Average Years of Experience

0 - 1
48%
2 - 4
50%
5 - 7
1%
8+
1%
Not including years spent in education and/or training
See Career Path

Research Analyst Insights

Read what 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)”

SetuServ
Senior Research Analyst
Jun 9, 2021

“Good Company that helps us to grow in our career path with many technological skills.”

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.”

BOL NetworkBOL Network
Research Analyst
Jan 29, 2021

“Onr of the best reasons to work here includes the friendly environment where the seniors also treat you very well.”

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.”

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”

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Research Analyst Interviews

Frequently asked questions about the roles and responsibilities of a Research Analyst

When working as a Research Analyst, the most common skills you will need to perform your job and for career success are Arabic, Critical Thinking, Network Analysis, Turkish, and Researching.

The most similar professions to Research Analyst are:
  • Research Fellow
  • Research Consultant
  • Research Manager
  • Researcher

The most common qualifications to become a Research Analyst include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.

Related Careers

Research Fellow
$77,059
13% skills overlap
Research Consultant
$80,383
No skills overlap
Research Manager
$106,341
Researcher
$71,387
No skills overlap

Research Analyst Jobs