What Do Business Intelligence Analyst Do?
Occupation 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
- Identify or monitor current and potential customers, using business intelligence tools.
- Generate standard or custom reports summarizing business, financial, or economic data for review by executives, managers, clients, and other stakeholders.
- Conduct or coordinate tests to ensure that intelligence is consistent with defined needs.
- Communicate with customers, competitors, suppliers, professional organizations, or others to stay abreast of industry or business trends.
- Create business intelligence tools or systems, including design of related databases, spreadsheets, or outputs.
- Analyze competitive market strategies through analysis of related product, market, or share trends.
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What Every Business Intelligence Analyst Should Know
When polled, Business Intelligence Analysts say the following skills are most frequently used in their jobs:
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.
Types of Business Intelligence Analyst Jobs
- Data Analyst
- Senior Analyst-Market Intelligence
- Manager, Competitive Intelligence
- Intelligence Analyst
- Senior Market Intelligence Consultant
Job Demand for Business Intelligence Analysts
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. 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.
Salary for a Business Intelligence Analyst
The typical yearly salary for Business Intelligence Analysts is somewhere 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 |
|---|---|
| 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 |
Tools & Technologies Used by Business Intelligence Analysts
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
- JavaScript
- Microsoft PowerPoint
- Microsoft Outlook
- Python
- jQuery
- Microsoft Access
- MySQL
- Data entry software
- MongoDB
- SAP
- Microsoft Project
- Adobe Systems Adobe Acrobat
- Microsoft SharePoint
- Microsoft Visio
- Structured query language SQL
- The MathWorks MATLAB
How to Become a Business Intelligence Analyst
Education needed to be a Business Intelligence Analyst:
What work experience do I need to become a Business Intelligence Analyst?
Business Intelligence Analysts Sector
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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