What Does it Take to Be a Business Intelligence Analyst?
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.
Life As a Business Intelligence Analyst: What Do They Do?
- 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.
- 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.
- Manage timely flow of business intelligence information to users.
- Provide technical support for existing reports, dashboards, or other tools.
Things a Business Intelligence Analyst Should Know How to Do
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.
Types of Business Intelligence Analyst
- Consultant, Strategic Business and Technology Intelligence
- Reports Analyst
- Intelligence Analyst
- Reports Analysis Manager
- Records Analysis Manager
Job Outlook 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. The BLS estimates 22,400 yearly job openings in this field.
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.
Below is a list of the median annual salaries for Business Intelligence Analysts in different U.S. states.
|State||Annual Mean Salary|
|District of Columbia||$117,540|
What Tools & Technology do Business Intelligence Analysts Use?
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
- 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
Becoming a Business Intelligence Analyst
What education is needed to be a Business Intelligence Analyst?
How many years of work experience do I need?
Where Business Intelligence Analysts Are Employed
Business Intelligence Analysts work in the following industries:
More about our data sources and methodologies.