Business Intelligence Analysts are becoming increasingly important members of staff at finance departments. Their job is to transform data into insight, based on which informed business decisions can be made.
They analyze, model, and visualize collected data using state of the art technologies. Using these findings, they identify trends and patterns that drive the universe of business. Managers and executives will then base their decisions on these to make sure they do what is necessary to earn a sustainable profit.
As a business intelligence analyst, you will see the world from an angle only a few people do. The terms and language you use on a daily basis will be foreign to most, even your co-worker business people. Translating between the database and business language will be an important part of your job.
There is more than meets the eye when it comes to being a business intelligence analyst. For example, did you know that they make an average of $35.61 an hour? That's $74,059 a year!
Between 2018 and 2028, the career is expected to grow 21% and produce 284,100 job opportunities across the U.S.
There are certain skills that many business intelligence 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 detail oriented, creativity and interpersonal skills.
When it comes to the most important skills required to be a business intelligence analyst, we found that a lot of resumes listed 17.6% of business intelligence analysts included business process, while 11.9% of resumes included analytics, and 9.7% of resumes included dashboards. 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 intelligence analyst job title. But what industry to start with? Most business intelligence analysts actually find jobs in the technology and finance industries.
If you're interested in becoming a business intelligence analyst, one of the first things to consider is how much education you need. We've determined that 64.7% of business intelligence analysts have a bachelor's degree. In terms of higher education levels, we found that 23.4% of business intelligence analysts have master's degrees. Even though most business intelligence 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 intelligence analyst. When we researched the most common majors for a business intelligence 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 intelligence analyst resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a business intelligence analyst. In fact, many business intelligence analyst jobs require experience in a role such as business analyst. Meanwhile, many business intelligence analysts also have previous career experience in roles such as data analyst or programmer analyst.