Find out everything you need to know about becoming a Research Analyst.

Job Title – Research Analyst

Description

A Research Analyst is a person who prepares investigative reports on securities or assets for in-house or client use. 

Typical Job Activities

Analyses data and information to find ways to improve operations
Informs and advise various levels of management and stakeholders
Meets with clients and vendors to discuss procedures
Develops and conduct user surveys
Analyses habits and data available from competitors
Researches market and industry trends and patterns
Creates detailed reports of findings
Simplifies findings into presentations
Organizes and store data for future research projects
Documents all data and research procedures
Organizes and conduct focus groups of project users
Compares ROI with past numbers
Creates diagrams and documentation to pinpoint problems and solutions
Implements tests of processes, policies, and protocols
Identifies and understand problems through forecasting, gap analysis, quantitative reporting, research, and statistical analysis
Recommends changes and improvements based on research findings
Writes reports, white papers, and other published documents
Compiles and analyses data points

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Related Occupations

Economist
Human resources manager
Researcher
Political scientist
Public relations officer
Statistician

Educational Requirements

Senior Certificate with matric exemption
For a Degree course in Computer Science, Business, It, Management, Administration, Economics or Information Science at a University
For a diploma in Applied Research or Data Management Environment; Experience in It, Economics, Business/Systems Analysis, Quality Assurance, or Relevant Position at a Technikon

Compulsory subjects: Mathematics
Recommended subjects: Economics, Business Economics and Accounting

What natural skills and/or aptitudes do I need for this occupation?

Be able to enjoy working with people
Be able to like travelling
Be able to communicate clearly in speech and in writing
Be disciplined
Be able to work quickly and systematically
Have a logical and analytical mind
Have physical stamina
Have emotional maturity and stability
Have a sound human knowledge

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Employment Opportunities 

Low

Market Competitiveness

Moderate

Income Potential

Moderate

Self-Employment Opportunities

Moderate

International Employment Opportunities

Moderate

Possible Employers

Advertising agencies
Firms marketing consumer goods
Independent research organisations
Manufacturing companies
Stores
Asset management companies
Investment banks

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Relevant Contact Details

South African Institute of Marketing Research Association
www.samra.co.za/ 

South African Institute of Management
www.saim.co.za/

Human Sciences Research Council
www.hsrc.ac.za/

Career Progress and Path

Further studies in the specific career field
Further studies in related fields
Experience in specific field
Work performance

Possible Career Paths

Specialist career in the specific field

Employment Stability

Moderately stable

Reasons to consider this career

I am very interested in a specific subject or field
I can apply my special skills
I can communicate and interact with people
I can work with languages