Qualitative research involves the collection and analysis of narratives and/or open-ended observations through methodologies such as interviews, focus groups or ethnographies.Ĭoghlan, D., Brydon-Miller, M. Depending upon your background, aptitude and time commitments, it can take. Undertaking self-study to become a quantitative analyst is not a straightforward task. Quantitative research includes methodologies such as questionnaires, structured observations or experiments and stands in contrast to qualitative research. Thus to become a quant analyst it is necessary to have a strong mathematical background in mathematics, usually through an undergraduate degree in mathematics, physics or engineering. the USA has a higher gross domestic product than Spain). ‘Students with lower grade point averages tend to score lower on a depression scale’) or compare across aggregated data (e.g.
averages, percentages), show relationships among the data (e.g. The collection of quantitative information allows researchers to conduct simple to extremely sophisticated statistical analyses that aggregate the data (e.g. ‘On a scale from 1 to 10, how depressed did you feel last week?’). personal income), while in other cases the numeric structure is imposed (e.g. Some of the numeric data is intrinsically quantitative (e.g. Quantitative research gathers a range of numeric data. It refers to a set of strategies, techniques and assumptions used to study psychological, social and economic processes through the exploration of numeric patterns. What is Quantitative Research? Quantitative methodology is the dominant research framework in the social sciences.