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If you have an excellent communication skill and are inclined towards facts and figures then becoming a research analyst is the career potion for you. You might have come across the term " Research Analyst", it appears in all sectors of the industry- the work they do depends upon the industry type they are engaged in.
Who is a Research Analyst
As the name suggest, the job of a Research Analyst is to collect information from the market, prepare reports/ presentation in a way that can be easily understood by the clients or co-workers. 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 working setup.
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.
Skills Required
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
Pros
High paying job
Rewarding teamwork
Get to meet new people
Highly competitive work culture thereby your are constantly improving skills
Cons
Monotonous kind of work
Long working hours
Intense competition
Traveling
Click on the list of careers under Liberal Arts and Humanities