A Business Information Analyst is meant to evaluate and improve the various processes found within a company, usually in IT systems. They might develop and test new software and digital projects, analyze the company's costs and expenses, or set specific departments, creating visual representations of data and statistics. They, too, analyze these representations beforehand and ultimately report their findings to stakeholders' upper management.
Depending on their experience and credentials, a Business Information Analyst might be hired in a consultant or a freelancer's capacity or placed into a full-time position. They help the business grow their efficiency and profit continuously over several years. Large IT and Financial companies often hire analysts. Still, as the role is becoming more and more necessary across all business types, finding them working outside of these two industries is not uncommon.
A potential candidate is generally asked to have a Bachelor's degree in Computer Science, Statistics, and Engineering, though this may vary from company to company. Some entry-level Business Information Analyst positions are accessible to those with only a high school degree or a GED.
Business Information Analyst Overview
Business Information Analyst Careers
There is more than meets the eye when it comes to being a business information analyst. For example, did you know that they make an average of $33.47 an hour? That's $69,619 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
What Does a Business Information Analyst Do
There are certain skills that many business information analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed interpersonal skills, problem-solving skills and time-management skills.
When it comes to the most important skills required to be a business information analyst, we found that a lot of resumes listed 19.3% of business information analysts included data analysis, while 17.2% of resumes included business process, and 11.7% of resumes included business information. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business information analyst job title. But what industry to start with? Most business information analysts actually find jobs in the finance and technology industries.
How To Become a Business Information Analyst
If you're interested in becoming a business information analyst, one of the first things to consider is how much education you need. We've determined that 48.4% of business information analysts have a bachelor's degree. In terms of higher education levels, we found that 34.4% of business information analysts have master's degrees. Even though most business information analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a business information analyst. When we researched the most common majors for a business information analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on business information analyst resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a business information analyst. In fact, many business information analyst jobs require experience in a role such as business analyst. Meanwhile, many business information analysts also have previous career experience in roles such as programmer analyst or senior business analyst.
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Business Information Analyst Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a business information analyst can determine their career goals through the career progression. For example, they could start out with a role such as business analyst, progress to a title such as project manager and then eventually end up with the title contract project manager.
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Average Salary for a Business Information Analyst
Best Paying Cities
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
City of Lewisville Business Information Analyst Business Information Analyst | City of Lewisville City of Lewisville | 01/23/2021 01/23/2021 | $58,64801/23/2021 $58,648 |
State of Minnesota Systems Business Analyst/Information Technology Spec 4 Systems Business Analyst/Information Technology Spec 4 | State of Minnesota State of Minnesota | 10/24/2020 10/24/2020 | $65,83410/24/2020 $65,834 |
World Vision Inc. Business Analyst I-Information Technology Business Analyst I-Information Technology | World Vision Inc. World Vision Inc. | 09/29/2020 09/29/2020 | $50,00009/29/2020 $50,000 |
Adecco Staffing SR. Business Information Management Analyst SR. Business Information Management Analyst | Adecco Staffing Adecco Staffing | 08/18/2020 08/18/2020 | $113,22008/18/2020 $113,220 |
Randstad Senior Business Information Management Analyst Senior Business Information Management Analyst | Randstad Randstad | 08/18/2020 08/18/2020 | $83,48008/18/2020 $83,480 |
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Top Colleges for Business Information Analysts
1. Northwestern University
Evanston, IL • Private
2. University of Pennsylvania
Philadelphia, PA • Private
3. New York University
New York, NY • Private
4. University of Southern California
Los Angeles, CA • Private
5. George Washington University, The
Washington, DC • Private
6. Pennsylvania State University
University Park, PA • Public
7. Lehigh University
Bethlehem, PA • Private
8. Harvard University
Cambridge, MA • Private
9. University of Georgia
Athens, GA • Public
10. Ball State University
Muncie, IN • Public
Top Skills For a Business Information Analyst
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 19.3% of business information analysts listed data analysis on their resume, but soft skills such as interpersonal skills and problem-solving skills are important as well.
- Data Analysis, 19.3%
- Business Process, 17.2%
- Business Information, 11.7%
- Ad-Hoc Reports, 9.6%
- Tableau, 6.1%
- Other Skills, 36.1% See All Business Information Analyst Skills
Best States For a Business Information Analyst
Some places are better than others when it comes to starting a career as a business information analyst. The best states for people in this position are New Jersey, Connecticut, Maryland, and New York. Business information analysts make the most in New Jersey with an average salary of $92,841. Whereas in Connecticut and Maryland, they would average $87,693 and $84,420, respectively. While business information analysts would only make an average of $84,411 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New Jersey
$92,841
Avg. Salary
2. New York
$84,411
Avg. Salary
3. District of Columbia
$85,094
Avg. Salary