Pranjul Shivhare

What are the main work and responsibilities of a Research Analyst?

Can you help me solve my query

by Pranjul Shivhare
1 answer
| Share :

1 answer

RE: What are the main work and responsibilities of a Research Analyst?

Alok Agrawal
Alok Agrawal
Verified Career Expert
Mananger at Etoe Group/Career Counselor
  • Bangalore

Research analyst is a person who can work for varied industries and fields starting from financial, manufacturing, marketing etc. they examine the data collected from various resources and process it to a useful reports and findings based on some analysis.

The reports generated by analyst are than briefed to who ever required to be briefed and make it clear to them. They can further took it forward to increase the efficiency and profit of the company. The main focus is to improve the company performance and growth. It helps in setting the targets of the departments as well as employees and evaluate the performances as per set standards.

Some times the findings and reports are presented in seminars, conferences through presentations.

They have to do a lot of research and analysis on various segments, you can choose your based on your interest areas, few are explained and mentioned below:

  • MarketResearchAnalysis: Using techniques from surveys, focus groups to statisticalanalysisand data mining.Market research person analyses consumershabitsofbuyingto helpcompaniesmarket theirproductsmoreeffectively.

  • Management analysis: This analyst provide support to corporate and another companies strategies to improve sales and profits, standardizing operations.The main focus is on improving sales and reducing the expenses to increase the profit margin.The management analysis is more to forecast the future prospects and find out the deficiencies or say lacking areas to improve and move ahead in same.

  • Operation Research: How to make deficient and optimum use of resource and materials. applies mathematical models and statistics to improve the efficiency and production. He studies each and every area manufacturing expenses and others to come to conclusion and findings. Here mainly statistical and mathematical analysis are important to know the real picture. Actual and planned targets, variance from them, factors deviating the process.

  • Financial Analyst:Monitor all the flow of fund and stocks positions. Recommendation about the buying and selling choices. Sometimes they even work for extended hours in night and weekends but get paid for that, includes annual performance bonus also. They are paid as compared to all other research analysts in the market.

In order to post replies to the question: "What are the main work and responsibilities of a Research Analyst?"

Post Reply

Latest ANSWERS

Hi Meghan, i had completed MBA in Finance specialization in the year 2015. due to health reason unable to do job. now hard to get job so could you please suggest me whether shall i take any short term courses related to finance to get job?

Hi, You may try some course on 'GST'. As in India, there is a rising demand, you can become a trainer/faculty/practitioner of 'GST'. Best wishes, Hima .. read more

I am bba graduate and worked  in bpo industry and ony english doest have much benefit for me. so i want to learn 1 language which has a good carrer scope in india and which pays me good. so please suggest me 1 language to go for which will be in demand i

Hi Manish, If you are in love with languages, learn 'Chinese'. French/German/Spanish is being taught in schools nowadays whereas our trade with China .. read more

I have completed my BA in Sociology 7yrs ago and now I am 30yrs old can I do MA Sociology or any other course?

It depends on what do you do nowadays. If MA Sociology will help you to hone your skills in your existing job, go for it. If not, re-think about it. D .. read more

hello im a student from nit raipur .im a dropout . i want to rebuild my career by studying abroad in business and management studies.i want to strt college abroad by next year.

Hi Palash, Is there any specific reason? Or it's just that you aren't interested so you want to go for 3 years lucrative graduation in Business Manage .. read more
Most Popular

Which are the best colleges for interior designing in India?

In India, there are so many colleges for Architecture and Interior Design. Here I am  listing some top colleges,• National Institute of Desi .. read more

If I do post graduation (M.Sc./M.S.) in Physics, what kind of jobs can I get both in India and abroad?

Hi, After doing Post-Graduation you are eligible to appear in various entrance exams. If you are interested in research and teaching field you can sta .. read more

How much marks i need in neet 2017 to get bhms

266 marks Catagory - SC Rajasthan    .. read more

Courses to get bank job after 12th?

ha mai banking me jana chahta hun    .. read more
Caching Date: 8/22/2017 12:49:27 PM