Career as Research Analyst
Are you never satisfied with the available information; do you think one step ahead, do you talk with facts and figures, do you question a lot about available resources, do you love numbers, is solving a problem gives you satisfaction than food does, whether books are your best friends, if answer to all those question is yes, you have qualities to chose research / research analyst as career option.
Researchers don't mind critics, they take responsibility and love to make things better. They strive hard to make everything better than best. However, research is a broad term, there are many fields of research and research analysis, you can chose for the area in which your interests belongs. Research analysts are employed by both government and private organizations. However, to be one you need not only above qualities but certain sets of high level qualification in your area of interests.
A minimum of 4 year college degree can take you to the career path of research analyst. After completion of college you can chose to go in this field preferably with an internship. However persons with higher qualification like masters or doctorate are preferred. Hiring depends on many factors including what employer is looking; research aptitude, skills, patience, team work spirit, communication skills and intentions to never say no.
What a Research Analyst does
As the name suggest, the job of a Research Analyst is to collect information from the sources (for example market or public domain), prepare reports/ presentation in a way that can be easily understood by the co-workers and preferably masses. As a research analyst your job is to become an expert in a very specific sector.
There are different types of Research Analyst, depending upon the work setup. For example:
- Market Research Analysts
- Operations Research Analyst
- Computer Research Analyst
Role of a Research Analyst
- Collecting information or data from the market
- Analyzing the data or information and preparing reports.
- Conducting market research or developing new techniques to conduct research in a cost-effective manner.
- Creating presentations for clients and co-workers.
- Analytical skills: Should be able to understand and interpret information.
- Critical-thinking skills: Should be able to devise method's or strategy for the benefit of the company.
- Detail oriented: Should be a keen observer. Must pay attention to details.
- Communication skills: Having good communication skills is an added advantage as it can help you gather information or interpret data easily.
Pros and Cons of being a Research Analyst
- High paying job
- Rewarding teamwork
- Get to meet new people
- Highly competitive work culture thereby your are constantly improving skills
- Monotonous kind of work
- Long working hours
- Intense competition
Interestingly, a person with research attitude love all those cons. There is no research / research analysis without challenges. Give a researcher everything and just one day tell him there is no challenge today, you can relax as much as you can, I am sure, he will get upset. A researcher cannot live without challenges.
The institutes of higher education across world unconditionally like to recruit students with research skills in different programmes, they offer various scholarships, fellowships and help so a student can complete studies / research work with very high passion. Researchers are most sought after human resources by industry. Jobs are found across different sectors. Also many researchers work as consultant or build own consultancy business. Opportunities for qualified researchers are limitless.