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.
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.
$87310 per year
$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 states||Hourly||Annual|
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).
Recommended degree level
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.
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.
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 |
|Attention to Detail|
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A Business Intel Analyst as your career.
|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)|
|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
Is this job meaningful
More than 40 hours per week
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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