Business Intelligence (BI) Analyst Salary
Business Intelligence Analysts in the United States can expect wages of $66K per year on average. With some bonuses and profit sharing proceeds approaching $10K each, total incomes of Business Intelligence Analysts generally range from $46K to $98K depending on individual performance. The specific employer is the biggest factor affecting pay for this group, followed by experience level and location. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Job satisfaction for Business Intelligence Analysts is high. More than half of Business Intelligence Analysts (68 percent) survey respondents are men. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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.Read More...
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
Business Intelligence Analysts who go on to become Business Intelligence Architects may see their salaries climb quite a bit. Median pay for Business Intelligence Architects is $111K annually. Business Intelligence Analysts typically move into roles as Business Intelligence Developers or Business Intelligence Managers, and those positions pay $13K more and $38K more, respectively.
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Popular Employer Salaries for Business Intelligence (BI) Analyst
Google, Inc. offers the largest salaries in town — $111K on average.
Popular Skills for Business Intelligence (BI) Analyst
Survey results imply that Business Intelligence Analysts deploy a substantial tool kit of skills at work. Most notably, skills in Data Warehouse, Data Modeling, Project Management, and Data Mining / Data Warehouse are correlated to pay that is above average, with boosts between 6 percent and 10 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Office and Microsoft Excel. Most people experienced in Business Analysis also know Data Analysis.
Pay by Experience Level for Business Intelligence (BI) Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Business Intelligence Analysts, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Those in the early stages of their career can expect to make around $63K; however, individuals with five to 10 years of experience bring in $78K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $85K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $93K.
Pay Difference by Location
For Business Intelligence Analysts, busy San Francisco offers a higher-than-average pay rate, 24 percent above the national average. Business Intelligence Analysts will also find cushy salaries in Washington (+22 percent), Seattle (+10 percent), Los Angeles (+7 percent), and Houston (+7 percent). The lowest-paying market is Miami, which sits 12 percent below the national average. A couple other locations with smaller-than-average paychecks include Dallas (8 percent lower) and Chicago (7 percent lower).
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