What is 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
- Create business intelligence tools or systems, including design of related databases, spreadsheets, or outputs.
- Create or review technical design documentation to ensure the accurate development of reporting solutions.
- Communicate with customers, competitors, suppliers, professional organizations, or others to stay abreast of industry or business trends.
- 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.
- Synthesize current business intelligence or trend data to support recommendations for action.
What Skills Do You Need to Work as a Business Intelligence Analyst?
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.
Related Job Titles for this Occupation:
- Information Specialist
- Senior Analyst-Market Intelligence
- Business Process Analyst
- Principal Strategist
- Reporting Analyst
Business Intelligence Analyst Job Outlook
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.
How Much Does a Business Intelligence Analyst Make?
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|
Tools & Technologies Used by Business Intelligence Analysts
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
- 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
How do I Become a Business Intelligence Analyst?
Individuals working as a Business Intelligence Analyst have obtained the following education levels:
How Long Does it Take to Become a Business Intelligence Analyst?
Where do Business Intelligence Analysts Work?
The table below shows some of the most common industries where those employed in this career field work.
More about our data sources and methodologies.
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