March 29, 2023
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Business Intelligence Analysts (BI Analysts) are professionals responsible for gathering and analyzing the company’s data to develop strategies and business intelligence solutions to improve business performance and effectiveness.
They work with large amounts of data, such as customer behavior, sales figures, etc.
Business Intelligence Analysts transform data into insights, charts, reports, and forecasts, analyze business performance and requirements to set goals and evaluate the effectiveness of business intelligence solutions.
They also coordinate with the IT and other departments to implement and execute solutions and strategies to achieve the company’s goals.
Skill | Why it's important |
Data Analysis | Data analysis is a fundamental skill for Business Intelligence Analysts that involves logical reasoning, attention to detail, and decision-making. Accurate data analysis allows Business Intelligence Analysts to interpret data from various sources, draw conclusions, and determine the best ways to improve business performance based on their analysis. |
Business Knowledge | If Business Intelligence Analysts possess strong business knowledge, they will be able to understand how companies operate. Business acumen helps them understand and handle various business circumstances and factors. Once Business Intelligence Analysts understand the field they work in, they will be able to make the right decisions and devise solutions. |
Communication | Communication is essential for Business Intelligence Analysts because they regularly communicate with coworkers, stakeholders, and other employees. Since their job is highly technical, they must be able to explain complex terminology to other people so that they can understand. Communication also helps them listen to suggestions and feedback from their supervisors. |
Attention To Detail | Attention to detail is necessary for Business Intelligence Analysts because it helps them handle and accurately analyze large amounts of data and information. Detail-oriented Business Intelligence Analysts can notice details or errors that may affect the outcome of their analysis, or point out useful data that can potentially improve the business performance. |
Programming | The basic knowledge of programming, coding, and programming languages can be very useful for Business Intelligence Analysts. Programming languages such as SQL, Python, SAS, and others can help Business Intelligence Analysts accurately keep track of data and information, create scripts and instructions, and successfully manage their tasks. |
Our company is looking for an experienced Business Intelligence Analyst to join our IT department. As a Business Intelligence Analyst, you will be responsible for managing and implementing business intelligence solutions to meet the company’s goals and objectives. You will analyze data, performance, and requirements to set priorities, establish data-gathering methods, and transform raw data into insights, reports, charts, and forecasts. You will also research the market and opportunities using internal and external sources.
Additionally, you will be collecting your analysis and research findings and reporting them to the upper management and stakeholders. You will coordinate with the IT and other departments to implement solutions, execute the company’s mission, and improve business performance.
If you want to be successful as a Business Intelligent Analyst, you should have extraordinary analytical, attention to detail, communication, and research skills, as well as in-depth programming and business knowledge.
Once you gather up all the received applications, you can use these sample interview questions for Business Intelligence Analyst.
Business Intelligence Analysts typically need a Bachelor’s degree in computer science, information technology, economics, statistics, or a related field.
Some companies would prefer candidates to have a Master’s degree for senior-level positions.
Furthermore, candidates can acquire professional certifications related to programming languages, cloud computing, data analysis, and data visualization.
One of the most common certifications is a Certified Business Analysis Professional (CBAP) through the International Institute of Business Analysis (IIBA).
Business Intelligence Analysts earn between $40,500 and $122,000 annually.
Their median annual salary is $87,815.
Hourly rates range from $21 to $59.
The median hourly rate is $42.
Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
Hourly Wage | $21 | $34 | $42 | $48 | $59 |
Annual Wage | $40,500 | $70,000 | $87,815 | $100,000 | $122,000 |
Business Intelligence Analysts are professionals who manage and implement business intelligence solutions to meet the company’s goals and objectives.
They collect and analyze data, performance, and key metrics, transform raw data into reports, charts, and forecasts, and recommend and implement changes and adjustments to improve overall business performance.
Business Intelligence Analysts typically report to the CEO or Business Development Executive.
Business Intelligence Analysts commonly work with IT professionals, Business Development Officers, Data Scientists, and other professionals.
Business Intelligence Analysts earn between $40,500 and $122,000 annually.
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