What Does it Take to Be a Business Intelligence Analyst?
Career Description Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.
Daily Life Of a Business Intelligence Analyst
- Collect business intelligence data from available industry reports, public information, field reports, or purchased sources.
- Identify and analyze industry or geographic trends with business strategy implications.
- Analyze competitive market strategies through analysis of related product, market, or share trends.
- Synthesize current business intelligence or trend data to support recommendations for action.
- Provide technical support for existing reports, dashboards, or other tools.
- Maintain or update business intelligence tools, databases, dashboards, systems, or methods.
What Every Business Intelligence Analyst Should Know
Below is a list of the skills most Business Intelligence Analysts say are important on the job.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Other Business Intelligence Analyst Job Titles
- Business Intelligence Manager
- Competitive Intelligence Analyst
- Reports Analysis Manager
- Senior Analyst-Market Intelligence
- Information Analyst
Are There Job Opportunities for Business Intelligence Analysts?
In 2016, there was an estimated number of 287,200 jobs in the United States for Business Intelligence Analyst. New jobs are being produced at a rate of 9.3% which is above the national average. The Bureau of Labor Statistics predicts 26,600 new jobs for Business Intelligence Analyst by 2026. There will be an estimated 22,400 positions for Business Intelligence Analyst per year.
The states with the most job growth for Business Intelligence Analyst are Washington, Utah, and Nevada. Watch out if you plan on working in Alaska, Maryland, or Mississippi. These states have the worst job growth for this type of profession.
Do Business Intelligence Analysts Make A Lot Of Money?
The average yearly salary of a Business Intelligence Analyst ranges between $47,350 and $144,820.
Business Intelligence Analysts who work in District of Columbia, Maryland, or New Hampshire, make the highest salaries.
How much do Business Intelligence Analysts make in different U.S. states?
|State||Annual Mean Salary|
|District of Columbia||$117,540|
What Tools & Technology do Business Intelligence Analysts Use?
Below is a list of the types of tools and technologies that Business Intelligence Analysts may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Hypertext markup language HTML
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- Data entry software
- Microsoft Project
- Adobe Systems Adobe Acrobat
- Microsoft Visio
- Microsoft SharePoint
- Structured query language SQL
- The MathWorks MATLAB
Becoming a Business Intelligence Analyst
Are there Business Intelligence Analysts education requirements?
What work experience do I need to become a Business Intelligence Analyst?
Where Business Intelligence Analysts Are Employed
Below are examples of industries where Business Intelligence Analysts work:
More about our data sources and methodologies.
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