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41402 - Business Development Officers and Market Researchers and Analysts

Broad Occupation Category

4 - Occupations in education, law, and social, community, and government services.

TEER

1 - Occupations usually require a university degree.

Major Group

41 - Professional occupations in law, education, social, community and government services.

Sub-major Group

414 - Professional occupations in government services.

Minor Group

4140 - Policy and program researchers, consultants and officers.

Main Duties

Business Development Officers and Market Researchers and Analysts perform some or all of the following duties:

  • Develop and administer programs to promote business investment and economic growth
  • Design and implement market research surveys and data collection strategies
  • Conduct social and economic studies to assess market conditions
  • Analyze consumer behavior, preferences, and purchasing trends
  • Plan and coordinate economic development initiatives and regional growth projects
  • Assess business opportunities and attract domestic and international investment
  • Evaluate industrial, commercial, and tourism development proposals
  • Provide guidance on government policies, funding programs, and approval processes
  • Analyze marketing campaigns and recommend improvements
  • Develop regional and sector-specific economic profiles
  • Conduct competitor analysis and market trend forecasting
  • Develop and implement digital marketing and e-commerce strategies
  • Advise organizations on business expansion and market entry strategies
  • Prepare reports, feasibility studies, and strategic recommendations

Employment Requirements

These are the typical employment requirements and benefits associated with this occupation in Canada:

  • Bachelor’s degree in business administration, economics, commerce, marketing, or public administration is required.
  • Strong analytical, research, and strategic planning skills are essential.
  • Experience in business development, marketing analytics, or economic policy is often required.
  • Knowledge of market research methodologies, data analysis tools, and digital marketing platforms is important.
  • Certification may include Certified Economic Developer (Ec.D.) or Certified Marketing Research Professional (CMRP).
  • Understanding of government programs, trade policies, and economic development strategies is beneficial.
  • Excellent communication, presentation, and stakeholder management skills are required.
  • Foreign-trained professionals may require credential assessment for immigration purposes.

Business Development and Market Research Salary Prospects

Community/AreaCanada
Low ($/hour)22.00
Median ($/hour)40.38
High ($/hour)65.89
Community/AreaAlberta
Low ($/hour)26.44
Median ($/hour)46.62
High ($/hour)72.12
Community/AreaBritish Columbia
Low ($/hour)24.04
Median ($/hour)40.38
High ($/hour)67.30
Community/AreaManitoba
Low ($/hour)17.00
Median ($/hour)36.06
High ($/hour)54.09
Community/AreaNew Brunswick
Low ($/hour)23.08
Median ($/hour)34.36
High ($/hour)43.59
Community/AreaNewfoundland and Labrador
Low ($/hour)25.19
Median ($/hour)37.84
High ($/hour)51.20
Community/AreaNorthwest Territories
Low ($/hour)30.62
Median ($/hour)43.70
High ($/hour)58.22
Community/AreaNova Scotia
Low ($/hour)32.47
Median ($/hour)46.15
High ($/hour)64.10
Community/AreaNunavut
Low ($/hour)28.66
Median ($/hour)44.10
High ($/hour)60.68
Community/AreaOntario
Low ($/hour)21.54
Median ($/hour)39.42
High ($/hour)72.12
Community/AreaPrince Edward Island
Low ($/hour)33.33
Median ($/hour)42.05
High ($/hour)50.87
Community/AreaQuebec
Low ($/hour)25.00
Median ($/hour)34.62
High ($/hour)60.10
Community/AreaSaskatchewan
Low ($/hour)26.00
Median ($/hour)37.50
High ($/hour)57.21

Want to know all the salary details? Visit our NOC page for 41402!

Grow Your Career in Business & Market Strategy with GTR Immigration

Planning to immigrate to Canada under NOC 41402? GTR Immigration provides expert guidance on eligibility, Express Entry strategies, provincial nomination pathways, and career positioning to help you succeed in Canada’s business development and market research sector.