Job Description, Daily Responsibilities, and Work Life
Business Intelligence Analysts
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.
Table of Contents
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. They also analyze competitive market strategies through analysis of related product, market, or share trends.
Other tasks include:
- 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.
- Collect business intelligence data from available industry reports, public information, field reports, or purchased sources.
- Identify and analyze industry or geographic trends with business strategy implications.
- Analyze technology trends to identify markets for future product development or to improve sales of existing products.
We asked Business Intelligence Analysts how satisfied they are with their job. Here is what they said.
70%
46%
70% of them said they were satisfied with their job and 46% said they find that their job makes the world a better place or helps to make someone else’s life better.
Typical Day At Work
On a daily basis, Business Intelligence Analysts analyze competitive market strategies through analysis of related product, market, or share trends. They communicate with customers, competitors, suppliers, professional organizations, or others to stay abreast of industry or business trends.
A typical day for a Business Intelligence Analyst will also include:
- Manage timely flow of business intelligence information to users.
- Synthesize current business intelligence or trend data to support recommendations for action.
- Collect business intelligence data from available industry reports, public information, field reports, or purchased sources.
- Identify and analyze industry or geographic trends with business strategy implications.
- Analyze technology trends to identify markets for future product development or to improve sales of existing products.
We asked some Business Intelligence Analysts a few questions to find out what else does their work day look like. Here is what we found.
Do you have telephone conversations everyday in this job? | 71% said yes | |
How important is it to work in a team in this job? | 54% said very important | |
Do you have group discussions everyday in this job? | 75% said yes | |
Do you talk or work with customers everyday in this job? | 17% said yes | |
Do you have to deal with angry customers everyday in this job? | 0% said yes | |
Do you have to make decisions everyday in this job? | 8% said yes |
Other responsibilities
Besides their typical day, Business Intelligence Analysts also generate standard or custom reports summarizing business, financial, or economic data for review by executives, managers, clients, and other stakeholders. They may also provide technical support for existing reports, dashboards, or other tools.
On a weekly to monthly basis, Business Intelligence Analysts Synthesize current business intelligence or trend data to support recommendations for action. They might also Analyze technology trends to identify markets for future product development or to improve sales of existing products.
In addition, they Maintain or update business intelligence tools, databases, dashboards, systems, or methods.
Although specific duties may vary, many of them Disseminate information regarding tools, reports, or metadata enhancements.
To some Business Intelligence Analysts, it is also their responsibility to Maintain library of model documents, templates, or other reusable knowledge assets.
Working life
More than 40 hours per week
Regular schedule like a 9 to 5
In a typical work week as a Business Intelligence Analyst, you can expect to work more than 40 hours per week.
Is this right for me
The Thinkers and The Entrepreneurs
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.
You can read more about these career personality types here.
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