
A Business Intelligence Analyst utilizes data analytics and business knowledge to provide insights that help organizations make strategic decisions. They analyze data to identify trends, patterns, and business opportunities.
Business Intelligence Analyst (BI Analyst), Competitive Intelligence Analyst, Intelligence Analyst, Market Intelligence Consultant
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According to the U.S. Bureau of Labor Statistics, typical income (in USD) in 2024 was...
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
|---|---|---|---|---|
| $64K per year | $83K per year | $113K per year | $156K per year | $194K per year |
Compared to other careers: Median is $63K above the national average.
Business Intelligence Analysts typically work in an office environment, often as part of a business analytics or IT department within various industries such as finance, healthcare, retail, or technology. They spend much of their time analyzing data, creating reports, and presenting findings to management. Collaboration with other departments to understand business needs and objectives is common.
Business Intelligence Analysts play a critical role in transforming data into insights that drive business decisions. They must be proficient in data analytics tools and techniques, with a deep understanding of how to interpret complex datasets. A blend of technical and business acumen is essential to effectively translate data findings into understandable and actionable business insights.
They need strong problem-solving skills and creativity to uncover hidden patterns and correlations that can provide a competitive edge or identify new opportunities. Analysts work closely with various business functions to understand their data needs, ensuring that the insights provided align with organizational goals and strategies.
Staying current with the latest tools, technologies, and trends in data analytics and business intelligence is crucial. Continuous learning and adaptation are key aspects of this role, as technology and business environments are rapidly evolving.
A bachelor's degree in business analytics, data science, computer science, or a related field is typically required, amounting to about 4 years of post-secondary education. Advanced positions may prefer a Master's degree or additional certifications in business intelligence or data analysis.
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