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Analyst Job Overview The analyst job industry is one of the most diverse because it spans different industries. An ...

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Analyst Job Overview

The analyst job industry is one of the most diverse because it spans different industries. An analyst’s tasks involve the study of collected data to derive solid conclusions that are necessary for market growth. These responsibilities can be in IT, web design, data management, finance, business, digital marketing, research retail, and sales sectors among many others. An individual can choose the field that best suits his or her passion and career goals. An analyst must have excellent communication skills to make data interesting to persons that don’t have the expertise.

Analyst Job Education Requirements

Employers will look at the education qualifications depending on the type of analyst who is applying for a vacancy. For example, an individual with a degree in information security or IT can apply for information security analyst jobs. Employers also look at education qualifications in statistics or other related subjects such as maths, economics or business studies. An analyst of any kind has to be able to review data, analyse and interpret the statistics. Math and computer skills also serve as advantages for an analyst.

Analyst Job Market

With the competition among companies increasing by the day, the need for different types of analysts in the UK continues to grow. Enterprises hire analysts in different areas to study the performance of other companies. By using an entity’s market and product information, analysts provide reports that aid in decision-making. The variety of analyst jobs has increased over the years because companies need specialist reports from different departments to maximise productivity and profit. An individual searching for market analyst jobs can work in a company’s, in-house department or independent research agency.

Analyst Job Salary Information

The remuneration for analysts varies on a very broad spectrum with some sectors going down and others gaining popularity over the years. According to the National Careers Service, a market research analyst, for example, can start with £22,000 and rise to £26,000 - £35,000 with experience. PayScale gives the average salary for a financial analyst job as between £22,022 and 54,567, and that of a data analyst as £18,049 - £39, 137.

  1. Analyst