Analyst: types, what they do, training, salary and more

You have certainly come across countless opportunities to Analyst on job platforms, and asked yourself: what profession is this?

The title itself does not give us much information, and there is a reason for that, since in today's content we will understand that every analyst is an analyst of something, that is, the professional's performance depends on their area of training.

So, if you want to understand once and for all what this professional title means, keep reading!

Analyst: understand the role 

When we talk about management, the position of analyst is certainly one of the most important in the field, since this type of professional usually works with the highest level of trust in companies.

The first thing we must understand is that being an analyst is not a profession, but rather a position, so it is not possible to be an analyst without a complement.

We have finance, marketing, operations analysts and many other possibilities for working in the market.

The Analyst is the professional responsible for detailed analyses of the company's processes and data, which aim to clarify points for improvement. 

In general, this professional acts in a generalist manner, that is, he communicates with all sectors of the company and his main purpose is to understand how each “cog” of the organization works, and which points can be adapted in these sectors in order to promote general improvements.

So, when a company hires this professional, it is a sign that it is concerned with optimizing its processes in order to position itself appropriately in the market.

What types of analyst are there?

Before we talk about the types of Analyst that exist, we must understand that this is not a profession, but rather a type of position.

So, an analyst will always be an analyst of something, such as: marketing, financial, project analyst, among many other examples.

That said, it would be impossible to describe how many and which types there are, since in every career it is possible to have this position, which, as we have already seen, has the main function of carrying out analyses and proposing solutions for the organization.

However, there are categories for this position, so the professional's experience determines their level. Here's how it works:

Junior

A junior analyst is a beginner professional, that is, someone who has just finished higher education, or has not yet completed it.

In general, this category works with the support of more experienced professionals and carries out simple analyses.

Full

A full-time analyst is a professional who already has some experience, but still works under the command of more experienced colleagues in the field.

This category has more autonomy and participates in more complex analyses, and can even take on projects alone.

Senior 

The Senior is the type of analyst who already has extensive experience in the area, enough to manage teams and establish analyses and resolutions on their own.

This is the best paid professional in the field, and to reach this level it is necessary to have specific training and extensive experience.

Read also: How much does a Social Worker earn? Get to know the profession! - Valued.

What training is required to become an analyst?

Throughout this content we were able to understand that there is no specific training for the position of Analyst, so this is a position received based on professional competence.

So, to become an analyst you will basically have to graduate in the area of activity you intend to pursue and invest in specializations related to management and strategies.

In general, this type of position is acquired through a career plan, that is, the professional progresses within the company and gains the trust of superiors, until he meets the requirements to be an analyst.

Therefore, focus on training and ensuring maximum mastery of your career, as this is the secret to gaining trust in this position.

Average salary for the position 

As we saw previously, this position is usually very important in companies, as the professional has privileged access to the organization's data and processes.

Therefore, salaries are usually above the average salary for the profession to which the position is assigned.

Therefore, a marketing analyst usually has a higher salary than professionals with common positions, as well as a professional in the financial sector.

In any case, determining the average salary for the position is a very difficult task, as it varies according to the niche and level of the company.

Larger organizations tend to pay better salaries, and the more specialized the professional, the better the pay.

Therefore, if you are interested in this type of career, look for values within your niche, so that the projection will be realistic.

This may interest you: Operational Management: what it is and why it is important for your company – Valorizei.