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Business Intelligence Analyst

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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.

  • 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.

Forecasted Number of Jobs for Business Intelligence Analysts in U.S.

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.

Salary Ranges for Business Intelligence Analysts

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

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 do I Become a Business Intelligence Analyst?

Individuals working as a Business Intelligence Analyst have obtained the following education levels:

Business Intelligence Analyst Degree Level

How Long Does it Take to Become a Business Intelligence Analyst?

Business Intelligence Analyst Work Experience

Where do Business Intelligence Analysts Work?

Business Intelligence Analyst Sectors

The table below shows some of the most common industries where those employed in this career field work.

Business Intelligence Analyst 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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