RecordMove

Market research analyst to business economics researcher

A market research analyst already meets 36% of what the business economics researcher role asks for. The move turns on 8 required skills not yet in the profile.

Fig. 1 · Skill transfer ESCO v1.2.1 · directional

From market research analyst

Distant match

To business economics researcher

9 You already bring

8 Still to learn

33 Skills in the target role2

Learning distance Substantial retraining

61.6/ 100

adjacentmoderatesubstantialcareer change

1 How much of what a business economics researcher is expected to do is already part of a market research analyst’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the business economics researcher role is recorded as needing, required and optional together. What these numbers mean.

Why

Why this move works

A business economics researcher role treats 7 of its required skills as things a market research analyst already does. You would walk in with these on day one.

analyse economic trends
analyse market financial trends
apply statistical analysis techniques
conduct quantitative research
digital data processing
forecast economic trends

What stands in the way is 8 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 9 skills that carry over, these are the ones fewest other occupations ask for. A business economics researcher role needs them, and most people applying for one will not have them already. This is the part of a market research analyst background worth leading with.

Skill the target role also needs Area

already held quantitative analysis social sciences, journalism and information
already held digital data processing working with computers
already held forecast economic trends information skills
already held analyse economic trends information skills
already held analyse market financial trends information skills
already held conduct qualitative research information skills

All 9 carried skills, including the 7 the business economics researcher role treats as required.

Table 3

Table 3 · What you may need to learn

The 24 missing skills fall into 7 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.

Skill to pick up Tier

01 business, administration and law 3 required, 6 supplementary

still to learn business management principles required
still to learn financial markets required
still to learn international business required

optional, not held commercial law optional
optional, not held fundamental analysis optional
optional, not held management consulting optional
optional, not held financial analysis optional
optional, not held financial forecasting optional
optional, not held operational research optional

02 information skills 2 required, 4 supplementary

still to learn apply scientific methods required
still to learn execute analytical mathematical calculations required

optional, not held monitor national economy optional
optional, not held analyse financial performance of a company optional
optional, not held assess risk factors optional
optional, not held provide cost benefit analysis reports optional

03 social sciences, journalism and information 2 required

still to learn mathematical economics required
still to learn economics required

04 communication, collaboration and creativity 1 required, 2 supplementary

still to learn advise on economic development required

optional, not held write research proposals optional
optional, not held write scientific publications optional

05 natural sciences, mathematics and statistics 2 supplementary

optional, not held business analytics optional
optional, not held mathematics optional

06 management skills 1 supplementary

optional, not held consider economic criteria in decision making optional

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a business economics researcher role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 9 skills that carry over

Skill Type

already held analyse economic trends skill
already held analyse market financial trends skill
already held apply statistical analysis techniques skill
already held conduct quantitative research skill
already held digital data processing skill
already held forecast economic trends skill
already held quantitative analysis knowledge
already held conduct qualitative research skill
already held statistics knowledge

The 1 learning area not shown above

Skill to pick up Tier

07 working with computers 1 supplementary

optional, not held use business simulation tools optional

16 supplementary skills, helpful but not required

Skill to pick up Tier

optional, not held business analytics optional
optional, not held commercial law optional
optional, not held fundamental analysis optional
optional, not held management consulting optional
optional, not held monitor national economy optional
optional, not held use business simulation tools optional
optional, not held analyse financial performance of a company optional
optional, not held assess risk factors optional
optional, not held consider economic criteria in decision making optional
optional, not held financial analysis optional
optional, not held financial forecasting optional
optional, not held mathematics optional
optional, not held operational research optional
optional, not held provide cost benefit analysis reports optional
optional, not held write research proposals optional
optional, not held write scientific publications optional

63 held skills the business economics researcher role does not ask for

Skill Type

not needed by the target role LDAP knowledge
not needed by the target role LINQ knowledge
not needed by the target role MDX knowledge
not needed by the target role N1QL knowledge
not needed by the target role SPARQL knowledge
not needed by the target role XQuery knowledge
not needed by the target role advise on market strategies skill
not needed by the target role analyse big data skill
not needed by the target role analyse consumer buying trends skill
not needed by the target role analyse external factors of companies skill
not needed by the target role analyse internal factors of companies skill
not needed by the target role analyse supply chain trends skill
not needed by the target role apply knowledge of human behaviour skill
not needed by the target role apply technical communication skills skill
not needed by the target role build predictive models skill
not needed by the target role business analysis knowledge
not needed by the target role collaborate in the development of marketing strategies skill
not needed by the target role conduct public surveys skill
not needed by the target role conduct research interview skill
not needed by the target role consumer goods industry knowledge
not needed by the target role customer insight knowledge
not needed by the target role customer segmentation knowledge
not needed by the target role customer service knowledge
not needed by the target role data quality assessment knowledge
not needed by the target role database knowledge
not needed by the target role deliver visual presentation of data skill
not needed by the target role demography knowledge
not needed by the target role design questionnaires skill
not needed by the target role document interviews skill
not needed by the target role document project progress skill
not needed by the target role draw conclusions from market research results skill
not needed by the target role establish data processes skill
not needed by the target role evaluate interview reports skill
not needed by the target role follow the news skill
not needed by the target role gather data skill
not needed by the target role identify customer's needs skill
not needed by the target role identify market niches skill
not needed by the target role identify potential markets for companies skill
not needed by the target role information confidentiality knowledge
not needed by the target role interview techniques knowledge

23 further entries not listed here

13 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to pick up Tier

still to learn mathematical economics required
still to learn business management principles required
still to learn economics required
still to learn financial markets required
still to learn international business required
optional, not held business analytics optional
optional, not held commercial law optional
optional, not held fundamental analysis optional
optional, not held management consulting optional
optional, not held financial analysis optional
optional, not held financial forecasting optional
optional, not held mathematics optional
optional, not held operational research optional

Index

Other moves recorded from market research analyst

Full index of moves from market research analyst

FAQ

Common questions about this move

Can a market research analyst become a business economics researcher?

Yes, and it is a substantial move. A market research analyst already covers 36% of what a business economics researcher is expected to do: 9 skills carry over, 7 of which the business economics researcher role treats as required.

What skills does a market research analyst need to become a business economics researcher?

8 required skills are missing, plus 16 optional ones. They fall into 7 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is mathematical economics.

How hard is the move from market research analyst to business economics researcher?

Its learning distance is 61.6 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.