Industrial market analyst (economist) - Salary and Career

Industrial market analyst (economist) - Career description, activities, functions and salary

They analyze the economic environment, design and execute economic, market and economic feasibility research projects, among others. They participate in strategic and short-term planning and assess collective impact policies for the government, NGOs and other organizations. They manage economic-financial programming, operate in domestic and foreign markets, examine corporate finances. They can exercise mediation, expertise and arbitration.

How much does an Industrial market analyst (economist) earn

A Industrial market analyst (economist) earns between $2.525 and $12.084 per month, with an average monthly salary of $5.243 and a median salary of $4.500 according to an salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 1.592 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Industrial market analyst (economist)

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 5.243 62.919 1.311 25
1º Quartile 2.525 30.297 631 12
Median Salary 4.500 54.000 1.125 21
3º Quartile 9.216 110.590 2.304 44
Higher Salary 12.084 145.010 3.021 57

Professional job categories

  • Science and arts professionals
    • professionals of the social sciences and humanities
      • social scientists, psychologists
        • economists

Related Positions:

Main workplaces

Economists they work in companies of various economic activities such as financial intermediation, insurance and private pension, public administration, social security, economic consulting companies, in agriculture, livestock, industry and services related to these activities, in wholesale trade and trade intermediaries. They are mostly statutory or salaried employees with a formal contract, work as a team, with permanent supervision, in a closed environment and during daytime hours.

What does it take to work in the field of Economists

The exercise of these occupations requires a higher degree in economic sciences or a postgraduate degree in economics and registration with the Regional Council of Economics. The full performance of activities occurs after one or two years of experience in the area.

Functions and activities of Industrial market analyst (economist)

Economists must:

  • communicate;
  • analyze economic environment;
  • act in internal and external markets;
  • work in internal and external markets;
  • examine corporate finance;
  • participate in strategic and short-term planning;
  • elaborate projects (economic research, markets, economic feasibility etc);
  • acting in domestic and foreign markets;
  • elaborate projects (economic research, market research, economic feasibility etc);
  • manage economic-financial programming;
  • evaluating collective impact policies (government, ngos, other organizations);
  • exercise mediation, expertise and arbitration;
  • execute projects (economic research, market research, economic feasibility etc);
  • acting in internal and external markets;
  • evaluate collective impact policies (government, ngos, other organizations);
  • exercising mediation, expertise and arbitration;
  • demonstrate personal skills;

  • Activities

    • establish an arbitration award;
    • issuing reports and opinions;
    • process data;
    • justify project;
    • analyze conjunctures;
    • perform credit analysis;
    • demonstrate verbal ability in foreign languages;
    • demonstrate logical reasoning;
    • mediate conflicts of interest;
    • negotiate projects;
    • subsidizing the formulation of rules, regulations and contracts;
    • identify opportunities and threats in the environment and in the organization;
    • pricing products and services;
    • demonstrate ability to use computer resources;
    • adapt language to the audience;
    • confront alternative costs;
    • apply quantitative methods;
    • analyze political-institutional environment;
    • analyze long-term trends;
    • select funding sources;
    • representing interests in national and international negotiations;
    • budget projects;
    • ask for comparative advantages;
    • estimate social and environmental impacts (externalities);
    • identify market structure (competition);
    • show creativity;
    • manage databases;
    • subsidize decisions;
    • list action alternatives;
    • estimate results;
    • estimate demand;
    • define methodology;
    • measure consequences of actions;
    • perform financial statement analysis;
    • build scenarios;
    • formulate abstract concepts;
    • criticize data;
    • indicate merger, acquisition, partnership, etc;
    • criticize data;
    • monitoring compliance with regulations;
    • scaling human and physical resources;
    • interpret results;
    • show creativity;
    • perform sectoral and regional analyses;
    • delineate problem;
    • generate evaluation parameters;
    • delimit object;
    • define products and results;
    • manage cash flow;
    • propose actions;
    • develop collection instruments;
    • detect new markets;
    • establish arbitration award;
    • analyze socio-economic and environmental sustainability;
    • verify implementation of proposed actions;
    • define a schedule;
    • indicate merger, acquisition, partnership etc;
    • assist in the formulation of trade policies;
    • coordinate projects;
    • teach courses;
    • keep up to date;
    • monitor market indicators;
    • estimate private costs;
    • interpret results;
    • browse bibliography;
    • monitor budget execution;
    • determine sources;
    • define schedule;
    • dialogue with the media;
    • indicate merger, acquisition, partnership etc;
    • suggest technology adoption;
    • work as a team;
    • write articles, books, economic bulletins and reports;
    • mediate conflicts of interest;
    • predict competitors' performance;
    • checking barriers to competition;
    • assess adequacy of actions to the problem;
    • confronting alternative costs;
    • train staff;
    • manage risks;
    • verify company information (due diligence);
    • recruit staff;
    • give lectures;
    • recommend policies;
    • transmit knowledge;
    • display communications at events;
    • assist in marketing policies;
    • creating financial products;
    • manage customer portfolio (portfolio);
    • plan investments (capital budgets);
    • calculate company market value;
    • collect data;
    • develop indicators;
    • demonstrate leadership ability;
    • estimate profitability and economic-financial viability;
    • reveal critical judgment;
    • value equity;

    Sectors that hire Industrial market analyst (economist) the most in the job market

    • combined office and administrative support services
    • engineering services
    • temporary labor lease
    • information technology consulting
    • development and licensing of non-customizable computer programs
    • activities of associations for the defense of social rights
    • manufacture of allopathic medicines for human use
    • industrial assembly works
    • manufacture of other food products
    • retailer of clothing and accessories

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