Market Research Analyst
Market research analysts use data gathered about different audiences (customers, employers, and competitors) and how they respond to brands, products, and services. They use this information to improve market success.
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In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.
The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used. Here is how this occupation has been classified over time:
In Alberta, this occupation is part of 1 or more 2006 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
Interest in co-ordinating information to plan development projects with representatives of a wide variety of industrial and commercial enterprises, business associations and government agencies, and to develop strategies to attract venture capital; and in administering programs to promote industrial and commercial business investment and tourism
Interest in developing policies and programs to promote industrial and commercial business investment in urban and rural areas, and in developing social and economic profiles of urban and rural areas to encourage industrial and commercial investment and development
Interest in consulting to advise on procedures and requirements for government approval
To identify or change your interest codes, complete the Interests Exercise in CAREERinsite.
The interest code helps you figure out if you’d like to work in a particular occupation.
It’s based on the Canadian Work Preference Inventory (CWPI), which measures 5 occupational interests: Directive, Innovative, Methodical, Objective, and Social.
Each set of 3 interest codes for this NOC group is listed in order of importance.
A code in capital letters means it’s a strong fit for the occupation.
A code in all lowercase letters means the fit is weaker.
To fill in or change the values for your abilities, complete the Abilities Exercise in CAREERinsite.
A Quick Guide
You are born with abilities that help you process certain types of information and turn it into action. These abilities influence which skills you can learn more easily.
The abilities or aptitudes shown for this NOC group come from the General Aptitude Test Battery (GATB). The GATB measures 9 aptitudes. It groups them into 3 categories: mental, visual, and physical.
The abilities scores range from 1 to 5, with 5 being stronger.
Working on their own or as part of a team of marketing professionals, market research analysts:
Depending on the nature of the organization they work for, they may:
Market research analysts work mostly in office settings. They may work long hours to meet project deadlines. They may adjust their schedules to meet with people who can’t meet during regular business hours. They may need to travel to meet with clients or supervise surveys.
Market research analysts need:
They should enjoy coordinating information, planning and administering projects, and developing policies and programs. They should like consulting others.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
This chart shows which job skills are currently in highest demand for this occupational group. It was created using this occupation's 100 most recent Alberta job postings, collected between Aug 31, 2023 and Sep 21, 2023.
Review these skills to learn:
Tasks: Develop and implement business plans | 81 |
---|---|
Tasks: Develop marketing strategies | 79 |
Tasks: Develop policies | 72 |
Tasks: Plan development projects | 68 |
Tasks: Respond to enquiries from members of the business community concerning development opportunities | 62 |
Tasks: Design market research questionnaires | 58 |
Tasks: Prepare reports, research papers, educational texts or articles | 56 |
Tasks: Conduct analytical marketing studies | 56 |
Tasks: Conduct online marketing, E-commerce and Website promotions | 54 |
Tasks: Develop portfolio of marketing materials | 53 |
Alberta has no specific academic qualifications to enter the field of market research. However, computer skills and a degree or diploma in marketing are definite assets. Those with one or more degrees have the best prospects for advancement. Degrees should include courses in marketing, statistics, and social research methods.
They may advance into roles like manager of marketing analytics or market research. This will require advanced knowledge of platforms like Excel, SQL, Python, and various analytics suites.
Before enrolling in an education program, prospective market research analysts should discuss their education options with people currently working in the field.
The following schools offer programs or courses that are related to this occupation but are not required to enter the field.
To expand or narrow your search for programs related to this occupation, visit Post-Secondary Programs.
Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.
The Marketing Research and Intelligence Association (MRIA) offers a voluntary Certified Marketing Research Professional (CMRP) designation to members who meet the required qualifications and are able to demonstrate competency and mastery of theoretical and practical knowledge in marketing research. For more information, visit the MRIA website.
Source: 2019-2023 Alberta Regional Occupational Demand Outlook
Market research analysts work for:
Advancement opportunities vary depending on the analyst’s qualifications, skills and work ethic. The size and nature of the organization are also factors. Those who are proactive, curious problem solvers, and have a mix of analytical and creative skills are most likely to advance.
This section shows the industries where the majority of people in this occupation work. The data is based on the 2016 Census.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups.
In the 4163: Business development officers and marketing researchers and consultants occupational group, 79.7% of people work in:
Employment outlook is influenced by a wide variety of factors including:
In Alberta, the 4163: Business development officers and marketing researchers and consultants occupational group is expected to have a below-average annual growth of 1.8% from 2019 to 2023. In addition to job openings created by employment turnover, 96 new positions are forecasted to be created within this occupational group each year.
Note
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For example, only some of the new positions to be created will be for this occupation. It also applies to other data for the NOC group such as number of people employed.
Source: 2019-2023 Alberta Regional Occupational Demand Outlook
Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.
Unless otherwise noted, the data shown here is for all industries and all regions in Alberta.
All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production), and other forms of compensation.
To see the full survey data for this NOC group, visit the wage profile.
Other wage sources
To make an informed wage and salary decision, research other wage sources [pdf] to supplement this data.
High Reliability, represents a CV of less than or equal to 6.00% and 30 survey observations and/or represents 50% or more of all estimated employment for the occupation.
Wages* | Low (5th percentile) | High (95th percentile) | Average | Median |
---|---|---|---|---|
Starting | $24.15 | $86.05 | $41.50 | $37.31 |
Overall | $24.59 | $91.35 | $49.95 | $47.70 |
Top | $29.33 | $120.19 | $59.90 | $50.98 |
Swipe left and right to view all data. Scroll left and right to view all data.
* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.
Pay brackets for hourly wages
ALL INDUSTRIES | $98,311 |
---|---|
Oil & Gas Extraction | $151,081 |
Construction | $114,540 |
Manufacturing | $107,500 |
Wholesale Trade | $73,452 |
Transportation and Warehousing | $153,563 |
Information, Culture, Recreation | $111,349 |
Professional, Scientific & Technical Services | $107,164 |
Educational Services | $75,767 |
Health Care & Social Assistance | $92,646 |
Public Administration | $90,486 |
Marketing Research and Intelligence Association (MRIA) website: mria-arim.ca
Get information and referrals about career, education, and employment options from Alberta Supports.
Updated Mar 31, 2022. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.