Monday, January 2, 2017

Market Analyst Resume

Being aware of your competition and general market conditions helps you stay on top of your game or at least prepare for the worst to come. A market analyst’s job is a very dynamic position; they are responsible for performing a wide range of duties, from market research to social media scouting, performing various computations regarding the relevance of certain investments and producing reports that summarize their findings in a language that is easily accessible.

A market analyst is required to have formal education, at least a bachelor’s degree in marketing, PR or business administration. Some of the best also have solid knowledge in statistics and mathematics, as this job requires working with numbers, identifying trends and putting models to work. Only by harnessing the power of data you will provide the best answer to your employer.

Strong verbal and written communication skills are great assets for these professionals, as they have to express quickly and clearly the results of their analysis and propose actionable solutions. Having some experience related to business models or simply just good business flair helps, as this can lead to new ways of becoming market leaders.

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Tips for Market Analyst Resumes

Strategic thinking

The market analyst is part of the advisors of the top management team. Their role is to evaluate the situation on the market and make some suggestions related to the best approach to increase the market share where it makes sense or to call troops back from the battle field where the war is already lost. When it comes to strategy, having some innovative ideas and a flexible mindset helps get the organization ahead of competition.

Data analysis

Most market analysts’ jobs require proficiency in working in a tabular environment like Excel, but this is just scratching the surface. Successful applicants usually have skills that go deeper than that, they feel confident in using dedicated programs such as SPSS or similar to come up with their own models, perform cluster analysis or even go a step further, towards artificial intelligence and train neural networks to predict outcomes based on historical data and some degree of market volatility.

Report writing

All the results obtained by market analysts find their way in reports crafted in a way that is both accessible and detail oriented. The end users of their work are the marketing teams and top management, therefore there are at least 2 necessary levels of depth: tactical and operational. The operational reports are more detailed and include clear figures regarding the expected volume or amounts.

Market Analyst Resume Samples

The following resume samples and templates for market analyst can help you get a better idea of what your resume can look like.

resume template market analyst

When applying to a market analyst job highlight your abilities to find market relevant patterns in data and make predictions for the future, focusing on your critical thinking, together with the ability to work under pressure and make some bold statements based on business reasoning.

Additional Market Analyst Resume Tips

  • Critical thinking– As most analytical jobs this one too requires using your intuition combined with experience (at least 5 years usually requested) to see the pieces that fit together, to suggest growth directions and to advise which product lines should be removed from the portfolio due to insufficient performance.
  • Business models– Having some knowledge about business models can help you give insights about new ways to conquer the market or to get access to niches that were once considered unimportant. Reach out to different industries, study what others have done to get to leader position and try to mimic if it makes business sense.

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