Is market research a good career in India?

Is market research a good career in India?

HomeArticles, FAQIs market research a good career in India?

Q. Is market research a good career in India?

Market research jobs are well paid in India. However, as this field calls for experience and specialization, the entry-level jobs can be low paying. The salary offered to fresher graduates can range from INR 15 to 20 thousand per month.

Q. How can I become a market researcher in India?

Eligibility to become Market Research Analyst

  1. Most of the professionals in this field hold at least a Bachelor’s degree in the relevant subjects.
  2. Candidates with a degree in BBA (Marketing & Finance), B.Sc.
  3. If one holds a master’s degree in these fields then the chances are increased even more.

Q. How can I get a job in market research?

How to Become a Market Research Analyst

  1. Step 1: Earn a Bachelor’s Degree. Students can begin their paths by earning a bachelor’s in fields such as marketing, business administration, or psychology.
  2. Step 2: Build On-the-Job Experience.
  3. Step 3: Earn a Master’s Degree (Optional)

Q. Do market researchers get paid well?

How Much Does a Market Research Analyst Make? Market Research Analysts made a median salary of $63,790 in 2019. The best-paid 25 percent made $89,580 that year, while the lowest-paid 25 percent made $46,800.

Q. What is the scope of market research in India?

There is good scope for students of market research at the post graduation level in India. You can choose to work in professional, scientific, and technical services firms, technical consulting firms, and research and development firms etc.

Q. What skills are needed for market research?

Key skills for market research analysts

  • Ability to cope with fast-paced and pressured work.
  • Accuracy.
  • Strong attention to detail and a strong analytical mind.
  • Ability to notice patterns within statistics.
  • An interest in psychology and behaviour.
  • Good organisational skills.
  • Excellent (spoken and written) communication skills.

Q. How can I become a market research analyst in India?

Graduates in the field of commerce, finance, or investment are usually preferred, but it’s not a compulsion. If you aren’t a graduate in any of these fields, you can pick up certifications like those of a Chartered Financial Analyst (CFA) to make yourself eligible for the role of an equity research analyst.

Q. Is market research a good career path?

People don’t always know about a career in Market Research, but it is not only a rewarding career choice but also a vibrant and continually evolving industry. A career in market research operations can give you a fast paced and rewarding career, whilst still being involved with data and client communication.

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