Saturday, August 3, 2013

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Meet Mr. Hemanth Kumar, A Market Research Analyst by Profession

Market Research Analyst professionals are responsible to collect data, statistics and opinions of the consumers, Businesses or market and present them in effective way to help the organisations analyze the data and plan their strategies to be successful in the market. 

Hemanth Kumar is a Market Research Analyst working for Progressive Digital Media Group which has its head quarters in London and with offices across USA, UK, India and Australia. Business of this organization is to gather information and important data regarding markets to help companies study about competitors and plan their strategies. Let us go through the ifs and buts of being a Research Analyst shared by Hemanth Kumar.

CT: Tell Us About You?
This is Hemanth Kumar. I'm an MBA Finance graduate working for Progressive Digital Media Group, a market research company, as a Research Analyst.

CT: About Your Profession (Research Analyst) in Few Lines
As a Market Research Analyst, I have to gather information about diverse market segments and analyse the present and future position or day-to-day information of the market or industry using Research Modeling Techniques. This information will be useful for our clients to get advantage over competitors and to analyse the market need and competition. 

Being a Market Research Analyst, I have not just learned the market analysis, but mainly i gained a detailed understanding on different markets, which i enjoy studying and exploring every market segment/industry, the strategies the companies will play, their decision making system over the development or survival. 

CT:  On a scale of 1-5, how do you rate the following
1. Career Growth - 3
2. Job Nature - 3
3. Job Satisfaction - 4
4. Challenge - 2
5. Respect and Fame -4

CT: Tell us about working hours of a Research Analyst ?
Depends on type of research. Basically research can be done in Primary (Calls) or Secondary (Browsing) mode. For primary research, timings could be flexible, based upon geographic region.

CT :DO you engage in Work related activities after working hours?
Some times I have to, to deliver the work in time for clients.

CT: Things you like about Being a Research Analyst?
Firstly, I like the process, where i can do my job, as well i can improve my study over market. Scope for recognition. Moderate pressure and No night shifts... :) 

CT: Things you don't like about being a Research Analyst?
Sticking up totally with the browser.., makes my eyes dry.

CT: Work Location and Job Availability in Different Countries?
My work location is at Hyderabad. Jobs in this field are very plenty in many countries. 

CT: Please explain us typically,how career graph of a Research Analyst?
Very Much difficult to predict, highly variable.

CT: Skills or qualities required to become a Research Analyst?
MBA with Finance specialization is must. Good MS Excel,   Analytics and Statistics skills is must. Knowledge on SAS/SPSS will add additional advantage for the profile.

CT:Your suggestion to aspirants,who want to be a Research Analyst?

CT:How to become a Research Analyst?
MBA (Finance), ICWA and CFA.

CT: Name 5 top companies who Offers jobs for Research Analyst ?
Data Monitor, Capital IQ, Progressive Digital Media, O'Donnell & Associates, R.R Donely.

Career Teacher Thanks Mr.Hemanth Kumar for his valuable time and Suggestions