Business Intelligence (BI) Analyst Salary
Job Description for Business Intelligence (BI) Analyst
Business intelligence (BI) analysts help guide and improve the way that businesses’ management staff foster collaboration within and between departments. Minimum educational requirements generally include a bachelor’s degree in business administration or computer engineering. Additionally, individuals should have at least 1-2 years experience in a supervisory or administrative role within an organization.
Those who desire to work as a BI analyst should demonstrate a strong understanding of managerial and professional skill sets. BI analysts are generally tasked with collaborating with a team of cross-departmental managers, and are usually expected to be able to demonstrate excellent leadership capabilities. They should also be well versed in many different aspects of business administration. Presentation skills are also a must as BI analysts are often expected to chair meetings discussing organizational data and future directions of the company. Analysts should also be prepared to lead seminars training new managers on different aspects of business intelligence.
BI analysts should exhibit proficiency in many different Microsoft applications such as Word and Excel. Experience in an ERP system such as Oracle or SAP is usually considered a plus. It is also expected that analysts will naturally demonstrate superior creative thinking and decision making abilities consistently in their work. Finally, analysts should be capable of working within a diverse, global workforce that is consumer oriented.
Business Intelligence (BI) Analyst Tasks
- Provide application analysis and data modeling design to collect data for centralized data warehouse.
- Extract data from databases and data warehouses for reporting and to facilitate sharing between multiple data systems.
- Proficient in the use of query and reporting analysis tools.
- Standardize data collection by developing methods for database design and validation reports.
Common Career Paths for Business Intelligence (BI) Analyst
This chart shows the most popular skills for this job and what effect each skill has on pay.
Business Intelligence Analysts seem to exploit a large range of skills on the job. Most notably, skills in Data Warehouse, Data Modeling, Data Mining / Data Warehouse, and Business Intelligence are correlated to pay that is above average, with boosts between 4 percent and 8 percent. Skills that pay less than market rate include Microsoft Office and Microsoft Excel. It is often found that people who know Business Analysis are also skilled in Data Analysis.
Pay by Experience Level for Business Intelligence (BI) Analyst
Pay by Experience for a Business Intelligence (BI) Analyst has a positive trend. An entry-level Business Intelligence (BI) Analyst with less than 5 years of experience can expect to earn an average total compensation of $63,000 based on 1,564 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Intelligence (BI) Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $78,000 based on 560 salaries. An experienced Business Intelligence (BI) Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $86,000 based on 262 salaries. A Business Intelligence (BI) Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $89,000 based on 45 salaries.
Pay Difference by Location
Business Intelligence Analysts will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 25 percent. Business Intelligence Analysts will also find cushy salaries in Washington (+19 percent), Houston (+9 percent), Seattle (+7 percent), and Boston (+7 percent). The lowest-paying market is Denver, which sits 13 percent below the national average. Not at the bottom but still paying below the median are employers in Dallas and Miami (10 percent lower and 8 percent lower, respectively).
Business Intelligence (BI) Analyst Reviews
Q: What is it like working as a Business Intelligence (BI) Analyst?
Business Intelligence (BI) Analyst in Columbus:
Pros: It evolves and shifts, and you can do well if you have decent technical skills and are still growing them and feel not as technical as an individual from Asia but feel as if you can do well in a situation where you can combine your Communication Skills in conjunction with your Technical Skills.
Cons: The Business Users can be demanding and in some cases will suck the blood out of you.
Business Intelligence (BI) Analyst in New York:
Deriving strategic recommendations based on hard facts.
Pros: – Extremely interesting and versatile.
Cons: – Data analysis is a supporting role and tends to get overlooked.
Business Intelligence (BI) Analyst in Sacramento:
Interesting, always something different to focus on.
Pros: Not completely task oriented, very collaborative.
Cons: Contractor to FTE process.