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Business Intelligence Analyst

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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.

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.

  • 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.

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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.

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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.

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What work experience do I need to become a Business Intelligence Analyst?

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Where do Business Intelligence Analysts Work?

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The table below shows the approximate number of Business Intelligence Analysts employed by various industries.

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References:

Image Credit: The Opte Project via Creative Commons Attribution 2.5 Generic

More about our data sources and methodologies.

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