For example, did you know that they make an average of $36.73 an hour? Some product analysts may specialize in more math intensive degrees, such as statistics. Data Analyst Career Path. • Providing management with detailed and verifiable product and market assessments Product analysts need strong writing skills to create reports about target markets and product opportunities. In fact, it could represent a split in the path between leading products, leading people (Business Analyst Manager / IT Management) or being an individual contributor at the enterprise level (Business Architect). Explore Potential Career Paths. They may be required to travel to meet with clients or other stakeholders. When a business launches a new product… Because these analysts also are heavily involved in the business side of a company, it may be helpful to take business courses or major in management information systems. Even though most product analysts have a college degree, it's possible to become one with only a high school degree or GED. Use Zippia's Salary Calculator to see how your pay matches up. Salary estimates are based on 1,764 salaries submitted anonymously to Glassdoor by Product Analyst … Working Hours: Product analysts often work normal, weekday business hours, although they may be required to work overtime occasionally, such as when facing deadlines or when meeting with people who are not available during business hours. Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. Through the Product Analyst’s efforts to analyze market data, marketing strategies are developed and these are used to enhance the reception of those products in the market. They should have strong business sense, and have the ability to translate complex market research data into manageable and useful marketing suggestions. While there is certainly an overlap, there are crucial differences between the two roles. Hard skills like these are helpful to have when it comes to performing essential job responsibilities. • Occupational Outlook Handbook: “Market Research Analysts.” (May, 2016). How much does a Product Analyst II make? By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. That's $76,407 a year! Here are some suggestions based on what we found, divided by the individual sections of the resume itself. Option 3: Graduate into Product Management The third path that analysts can choose to grow their career is migrate into product management. When we researched the most common majors for a product analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. You can read more about how BLS calculates location quotients. A lot of Product Managers come from the BA ranks. • Constantly monitoring market results and communicating findings to management so they can take action to avoid loss or enhance gains • You enjoy planning and administering projects and consulting with otherseval(ez_write_tag([[250,250],'academicinvest_com-large-mobile-banner-2','ezslot_7',118,'0','0'])); • You’re interested in a career that involves making decisions and being accountable for results, • You have a keen interest in the analysis of demographics, competitors and regulatory statutes. Technically, product managers and analysts are peers in cross-functional teams, but product management has better career pathing that doesn’t require as much technical investment as data science, and product managers tend to have a bit more power in … If you're needing extra inspiration, take a look through our selection of templates that are specific to your job. Success Tip: Apply for any and all scholarships that you even barely qualify for; there are millions of dollars worth of scholarship money that goes unused every year due to a lack of applicants in Canada and the United States! At Zippia, we went through countless Product Analyst resumes and compiled some information about how best to optimize them. For established information technology professionals or those beginning an IT career path, this is great news. Many professionals in the field progress through their careers through a specific path. Other degrees that we often see on product analyst resumes include associate degree degrees or high school diploma degrees. Take a minute term or phrase or GED 84,246 and $ 82,306, respectively markets and product opportunities technology execution. These as the best states for people in this position are Washington, new Jersey and Idaho, they average! How you might advance from one job to the next a desire for business... 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