Business Intelligence Analysts: Salary, Job Description, How To Be One and More

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Business Intelligence Analysts jobs information
pros and cons of being a Business Intelligence Analyst

Business Intelligence Analysts

Other names for this job might include Analytical Data Miner, Business Database Analyst, Business Intelligence Analyst, Business Intelligence Manager, Commercial Intelligence Manager, Competitive Intelligence Analyst, Consultant, Strategic Business and Technology Intelligence, Data Analyst, Director of Enterprise Strategy, Director of Market Intelligence


  • $87310
    Salary
  • 70%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

B+



Business Intel Analysts: Know It All In 1 Minute


In this career summary, you will find out what the job of A Business Intel Analyst is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Business Intelligence Analysts 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.

  • Analyze competitive market strategies through analysis of related product, market, or share trends.
  • Synthesize current business intelligence or trend data to support recommendations for action.
  • Communicate with customers, competitors, suppliers, professional organizations, or others to stay abreast of industry or business trends.
  • Manage timely flow of business intelligence information to users.

Read more about what does A Business Intel Analyst really do at work and what is it like being and working as one.


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Salary

Average salary
$87310 per year

Hourly wage
$41.98 an hour


Business Intel Analysts with little to no experience tend to make between $45320 and $64550 while the more experienced ones make over $108510 per year.

Top 5 paying statesHourlyAnnual
DC$54.43$113210
MD$50.01$104020
VA$48.45$100770
CT$46.7$97130
CA$46.01$95710

1 of the easiest ways to increase your salary as A Business Intel Analyst is to move to a higher paying state like DC. Right now, the highest paying states for Business Intel Analysts are DC, MD, VA, CT and CA.

However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as A Business Intel Analyst is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Business Intel Analysts make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Business Intel Analysts what degree they had when they got the job and most of them said they had a Bachelors degree followed by Master’s degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Computer and Information Sciences, General
Data Processing and Data Processing Technology/Technician
Information Science/Studies
Computer Science
Information Technology Project Management

Another popular question from our readers is what makes A Business Intel Analyst successful or would they be good in this career.

Well, we found that most successful Business Intel Analysts have these 5 skillsets.

Critical Thinking
Reading Comprehension
Active Listening
Speaking
Active Learning

In addition to that, 1 common characteristic among successful Business Intel Analysts is they are good at Analytical Thinking. Here are the top 5 common characteristics.

Analytical Thinking
Integrity
Attention to Detail
Persistence
Adaptability/Flexibility
= Hot in-demand that most employers are looking for

Read more about what it really takes to become A Business Intel Analyst and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose A Business Intel Analyst as your career.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who values achievements and are resultsoriented
This career is perfect for people who love to work indoors.
Very high salary (top 25% highest paid careers)
CONS
Not suitable for people who likes to help and teach others
It is hard to get into this career. A considerable amount of workrelated skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
70%

Is this job meaningful
46%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Business Intelligence Analysts work More than 40 hours per week.

70% of Business Intel Analysts said they were satisfied with their job and 46% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Thinkers and The Persuaders


You can read more about these career personality types here.

People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



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Career type

Computer IT and Mathematics
Computer Science
Information Support and Services

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Job Description
Salary
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Related to Business Intelligence Analysts Career Information

Business Intelligence Analysts job description, Business Intelligence Analysts salary, Business Intelligence Analysts information, what is the job of a Business Intelligence Analyst like, pros and cons about Business Intelligence Analysts, colleges and universities for Business Intelligence Analysts, is Business Intelligence Analysts the right career for me, Quite Hard careers to get into, careers in Computer IT and Mathematics

Additional resources

http://www.bls.gov/ooh/business-and-financial/management-analysts.htm
http://www.bls.gov/ooh/math/operations-research-analysts.htm

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Business Intelligence Analysts
Written by: Stanley Tan
Business Intel Analysts 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.
4.5 / 5 stars

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