Business Intelligence Analysts: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

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 Intelligence Analyst really do at work and what is it like being and working as one.



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Salary

Average salary
$93350 per year

Average hourly wage
$45 per hour


Business Intelligence Analysts with little to no experience tend to make between $47350 and $66410 while the more experienced ones can earn over $117070 per year.

Top 5 paying statesHourlyAnnual
DC$57$117,540
MD$54$113,330
NH$54$112,440
VA$51$105,270
CA$50$103,270

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

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

Three other factors that can increase your salary as a Business Intelligence Analyst is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Business Intelligence Analysts what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a 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
Read more about how to become a Business Intelligence Analyst and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Business Intelligence Analyst.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who values achievements and are results-oriented
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 work-related skill, knowledge, or experience is required for this career.
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
70%

Is this job meaningful
46%


70% of Business Intelligence 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 Entrepreneurs

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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Related 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, careers in Computer IT and Mathematics

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