How to become a Market Research Analyst?

How to become a Market Research Analyst? 

If you have a analytical skills, if you are Expertise in mathematics, statistics and marketing if you are a extrovert personality you can choose this field as a career.

Now a days people are choosing this field as a career due to more opportunities, handsome salary and High potential for job growth.

Market research analysts help companies understand target markets through in-depth studies of market trends, market conditions, and consumer buying behaviors. Comprehensive understanding of these areas allows companies to devise the right products and identify which consumers are likely to purchase those products at certain prices. Market research analysts may accomplish this through questionnaires, interviews, and market analysis, among other strategies. 

Steps to become Market Research Analyst

Earn bachelor degree

Do an internship

Earn master degree

Do an entry-level job

Gain some 5 to 7 years of experience in this field

Minimum Education

Most of the professionals in this field hold at least a Bachelor’s degree in the relevant subjects. 

Candidates with a degree in BBA (Marketing & Finance), B.Sc. (Mathematics), B.Com (Business Statistics and Mathematics), B.Sc. (Statistics) have an advantage over others. 

Master degree is plus point here 

Degree

BBA in marketing 

BBA in finance

B.com in finance

Master in finance

Master in marketing

MBA in marketing

MBA in finance

Pgdm in finance

Pgdm in marketing

Salary

average total compensation of ₹340,361 based on 159 salaries. A mid-career Market Research Analyst with 5-9 years of experience earns an average total compensation of ₹594,702.4

6 thoughts on “How to become a Market Research Analyst?

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