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Organizations today are looking for more interesting ways to compete and stand out, BI analysts can help them to enjoy these benefits with meaningful business data insights.
The job market for BI analysts is expected to grow by 21 percent from 2014 to 2024. Here is the essential information about the profile you should know.
|Education Requirement||Bachelor degree in computer science or information technology|
|Projected Growth (2014 to 2024)||21% for business system analysts|
|Average Salary for business system analyst at the Entry-level||$66,762 per year in the United States|
|Average Salary for business system analyst at the Mid-level||$92,406 per year in the United States.
|Average Salary for business system analyst at the Senior-level||$137K per year in the United States|
Professionals usually earn $50K to $90K annually at the entry-level or junior level. The average salary of an entry-level business intelligence analyst is $66,762 per year in the United States.
The average salary of an average business intelligence analyst is $92,406 per year in the United States.
Business Intelligence Analyst has the best average compensation in Oregon with an average salary rate of $82,290 approximately. Professionals working in this domain have the best average pay in Information and Manufacturing sector with an average pay rate of $75,010 and $72,900 per year. BI analysts are required in almost every department today from healthcare to education and finance etc.
BI analysts tend to make the most in the following industries.
|Management of Companies and Enterprise||$69,950|
|Mining, Quarrying, and Oil and Gas Extraction||$68,940|
|Professional, Scientific, and Technical Services||$68,590|
The annual salaries for BI analysts in different sectors are given below.
The hourly rate for BI analysts in different sectors like the private sector, Local government, State Government, and Federal government is given below.
Senior Business Intelligence Analyst Salary
The average salary of a senior BI analyst professional in the United States is $101,303 per year as of April 18, 2019. The salary of a BI analyst can be as high as $137,500 per year or as low as $60K per year. The average salary for a senior BI analyst professional currently ranges between $87K to $137K per year across the United States.
Role and Responsibilities of a Business Intelligence (BI) Analyst
An individual with 1-2 years of experience in an administrative or supervisory role considered more suitable for the BI analyst position. Here are some roles and responsibilities generally performed by every BI analyst within an organization, you should know.
Business Intelligence (BI) Analyst Tasks:
Pay by experience for BI Analysts
The most common skills to become a BI analyst include Data warehouse, data modeling, data mining, business intelligence, etc. The other skills may include Microsoft apps like Excel, Word, Oracle, SAP, etc. With an increase in experience, skillset will expand and domain expertize will also improve. Here is the salary range for BI professionals at different levels of experience.
Pay by location will vary for BI analyst professionals. For example, BI analysts will get an impressive pay rate at Oregon and San Francisco while Dallas offers lower pay rate as compared to other cities in the USA.
Skills required to become a Business Intelligence Analyst
How to become a successful Business Intelligence Analyst?
A BI analyst helps the Company to put the data in use collected from different sources and helps to maximize profits and efficiency. He can query databases effectively, generates reports. And derives meaningful insights to make important business decisions. To become successful in this field, an individual should have an in-depth knowledge of big data tools and terminologies with a keen business understanding.
Here are the five steps to launch a successful business analyst career.
BI analysts help improve and guide the way how business management staff collaborate within departments. The minimum education requirements to become a BI analyst is a bachelor degree in computer science, information technology, business administration or any other similar discipline.
The research report by experts shows that BI analysts have not many opportunities for increased pay even after years of experience except location. India and the United States are two most active and popular job markets for senior BI analysts worldwide.
A million jobs are posted every year for BI analyst professionals across the USA. The best idea is you should apply for different BI analyst roles after years of experience and expand the chances of success for you.
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