DEFINITION of 'Research Associate'
Someone that organizes and plans research, and specializes in finance, economics, equities or accounting. Research associates conduct economic and finance research and analysis. Depending on the specific industry that they're involved in, responsibilities could include exploring best practice policies and market mechanisms at the federal, state and local level that could be used to finance investments in residential, commercial, manufacturing and nonprofit sectors.
BREAKING DOWN 'Research Associate'
This position usually requires a bachelor's or master's degree in economics, business or finance plus several years experience in the field and the ability to understand financial and accounting techniques. An example of this position would be an equity research associate that assists in financial information analysis. This analysis could be fundamental company analysis with the goal being to generate actionable information from the data, such as a report written on the covered company, or financial modeling.