All About Business Intelligence Analysts
Business Intelligence Analyst Definition 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.
A Day in the Life of a Business Intelligence Analyst
- Analyze technology trends to identify markets for future product development or to improve sales of existing products.
- Identify or monitor current and potential customers, using business intelligence tools.
- Create business intelligence tools or systems, including design of related databases, spreadsheets, or outputs.
- Document specifications for business intelligence or information technology reports, dashboards, or other outputs.
- Analyze competitive market strategies through analysis of related product, market, or share trends.
- Communicate with customers, competitors, suppliers, professional organizations, or others to stay abreast of industry or business trends.
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Skills Needed to be a Business Intelligence Analyst
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.
Related Job Titles
- Reports Analysis Manager
- Records Analysis Manager
- Managing Consultant, Clinical Professor
- Senior Market Intelligence Consultant
- Manager, Market Intelligence
What Kind of Business Intelligence Analyst Job Opportunities Are There?
There were about 287,200 jobs for Business Intelligence Analyst in 2016 (in the United States). 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. Due to new job openings and attrition, there will be an average of 22,400 job openings in this field each 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.
Salary for a Business Intelligence Analyst
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 each U.S. state?
| State | Annual Mean Salary |
|---|---|
| Alabama | $87,060 |
| Alaska | $98,830 |
| Arizona | $85,010 |
| Arkansas | $73,670 |
| California | $103,270 |
| Colorado | $102,470 |
| Connecticut | $100,340 |
| District of Columbia | $117,540 |
| Florida | $78,900 |
| Georgia | $90,140 |
| Hawaii | $89,960 |
| Idaho | $80,610 |
| Indiana | $79,310 |
| Iowa | $78,810 |
| Kansas | $79,300 |
| Kentucky | $79,420 |
| Louisiana | $66,600 |
| Maine | $79,790 |
| Maryland | $113,330 |
| Massachusetts | $92,110 |
| Michigan | $76,400 |
| Minnesota | $81,650 |
| Mississippi | $81,280 |
| Missouri | $82,610 |
| Montana | $68,430 |
| Nebraska | $86,230 |
| Nevada | $72,610 |
| New Hampshire | $112,440 |
| New Jersey | $99,210 |
| New Mexico | $79,540 |
| New York | $90,750 |
| North Carolina | $88,650 |
| North Dakota | $70,730 |
| Ohio | $82,440 |
| Oklahoma | $78,490 |
| Oregon | $79,610 |
| Pennsylvania | $87,040 |
| Rhode Island | $81,290 |
| South Carolina | $92,100 |
| South Dakota | $81,250 |
| Tennessee | $74,000 |
| Texas | $90,290 |
| Utah | $76,890 |
| Vermont | $72,220 |
| Virginia | $105,270 |
| Washington | $91,620 |
| West Virginia | $83,660 |
| Wisconsin | $74,600 |
| Wyoming | $75,780 |
What Tools do Business Intelligence Analysts Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Business Intelligence Analysts:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Hypertext markup language HTML
- JavaScript
- Microsoft PowerPoint
- Microsoft Outlook
- Python
- jQuery
- Microsoft Access
- MySQL
- Data entry software
- MongoDB
- SAP
- Microsoft Project
- Adobe Systems Adobe Acrobat
- Microsoft Visio
- Microsoft SharePoint
- Structured query language SQL
- The MathWorks MATLAB
How to Become a Business Intelligence Analyst
Learn what Business Intelligence Analyst education requirements there are.
What work experience do I need to become a Business Intelligence Analyst?
Where do Business Intelligence Analysts Work?
The table below shows the approximate number of Business Intelligence Analysts employed by various industries.
References:
Image Credit: The Opte Project via Creative Commons Attribution 2.5 Generic
More about our data sources and methodologies.
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