workers has been rising exponentially in the last couple of decades and believe it or not, there's a shortage. Companies are recruiting heavily and upskilling those they can. This is where you come in.
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Business intelligence analysts combine data analysis, IT and business expertise to help companies make informed decisions that facilitate future growth. Here’s what to know about a business intelligence analyst’s needed skills, salary and how to become one.
A business intelligence analyst is responsible for mining large data sets and creating data visualizations to inform business decisions. Successful business intelligence analysts guide a variety of organizations to help them grow sustainably.
The main objective of a business intelligence analyst is to break down key business data from sources like sales, the market, competitors, customer engagement and productivity in order to identify patterns and present findings to company stakeholders.
Business intelligence analysts are typically individual contributors and part of the data analytics team. They may report to a business intelligence manager or the business intelligence architect, depending on the structure of the company.
Organizations that want to make data-driven decisions rely on business intelligence analysts to provide the necessary insight and data analytics to help them achieve this. BI analysts help organizations grow at a healthy pace by providing data that guides hiring, product release and sales goal decisions.
Business intelligence analysts typically have a bachelor’s degree in data science, mathematics, business intelligence or a related field. Getting a master’s degree in a specialized field may also help someone refine their analytical skills for a specific industry.
Business intelligence analysts may start their careers as data analysts or business analysts. Positions that business intelligence analysts commonly advance into include business intelligence manager, business intelligence developer or senior business analyst.
Business intelligence analysts can expect healthy job growth over the next several years. Management analysis, a related field, is projected to grow at 11 percent through 2031.
The full compensation package for a business intelligence analyst depends on a variety of factors, including but not limited to the candidate’s experience and geographic location. See below for detailed information on the average business intelligence analyst’s salary.
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