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Business intelligence analysts use data to help businesses make informed decisions. Once you have the necessary skills, there are several paths you can take to become one.
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A business intelligence analyst, also known as a BI analyst, uses data and other information to help organizations make sound business decisions.
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Although the exact job descriptions vary, the role of a business intelligence analyst can be broadly divided into three parts:
According to June 2021 data from Glassdoor [1], a business intelligence analyst in the United States makes an average salary of $84,635. Compare it with similar roles.
Business intelligence analysts may begin their careers in analytical roles as data analysts. They can go on to become business intelligence consultants, business intelligence architects, managers, or other senior positions.
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Business analysts, not to be confused with BI analysts, also analyze information to make recommendations for business improvement. But while BI analysts deal directly with data to find insights, business analysts often deal with practical applications of those insights.
Professional certifications or online courses: A professional certification or course is a good way to acquire necessary skills such as data analysis or familiarity with Power BI. Often without prior relevant experience, certificates or online courses can offer the confidence needed to learn a new field without disrupting your life. The University of Colorado offers a Data Science Business Major that can teach you the basics of business intelligence analysis.
You can also become a Certified Business Intelligence Professional (CBIP) if you have two or more years of experience in computer information systems, data modeling, systems analysis, or a related field.
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Read through a list of SQL and database documents. You may also consider Google’s professional certification in data analytics.
Bachelor’s Degrees: A bachelor’s degree can give you the technical and critical thinking skills needed to become a BI analyst. Complete your studies in a quantitative field such as finance, mathematics, or data science.
Master’s degrees: A master’s degree can build on your previous experience and education to move you into the role of a business intelligence analyst. It’s a good idea to take your previous experience into consideration when deciding which field is best for your master’s degree.
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If you’ve worked in business for a few years and need a stronger background in data, a master’s degree in data science may suit your needs. If you have a solid understanding of data analysis but need a better understanding of business, an MBA program that focuses on business analytics may be what you are looking for.
Business intelligence analysts use their critical thinking skills and quantitative skills to help businesses grow and develop. As data plays an increasingly important role in our daily lives, BI analysts are likely to be essential to business operations in the coming years.
A bachelor’s degree is the most common entry-level requirement for BI analysts. Start developing the skills you’ll need on the job by focusing on statistics, business administration, computer science, or a related field. Some BI analysts may obtain a Master of Business Administration (MBA) or graduate degree in data science.
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A path to a career in business intelligence can start with an entry-level role as a data analyst or business analyst. As you gain more skills and experience as a BI analyst, you may choose to pursue a career in leadership and management or focus more on data by becoming a data scientist or data engineer.
If you’re interested in the technical side of business intelligence, consider a career as a BI developer. In this role, you will support your organization by developing reports, query and visualization tools, interactive dashboards, and interfaces.
If you are interested in business strategy and data analytics technologies, then business intelligence might be a good field to consider. BI analysts also tend to make more than other IT professionals, and are needed across a variety of industries.
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Business intelligence (BI) analysts play an important role in any business, working to take advantage of data and turn it into insights for the company to make informed decisions. We spoke to two Business Intelligence Consultants to learn about their experiences working in BI and what they’ve learned along the way.
The Business Intelligence Analyst is responsible for helping businesses use data and identify opportunities for improvement, identify trends, as well as identify potential problems and recommend solutions. The goal of their work is to improve efficiency, increase productivity, and drive profitability for the business.
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Traditionally, to become a Business Intelligence Analyst, you would first need a bachelor’s degree in a related subject; this can be in Business Information Systems, Computer Science or Data Science, for example. You will then need to acquire the appropriate skills and experience before starting your career.
However, at FDM, we offer you the opportunity to start your career as a BI Analyst without requiring any previous work experience or technical skills. The Business Intelligence graduate program is open to all graduate students with a passion for IT. FDM will provide you with specialist training, giving you all the skills you need, followed by a two-year work placement with our renowned clients as a Business Intelligence Consultant.
Have you ever wondered what Business Intelligence professionals do? Learn from two of our FDM Consultants who share their experience on the site and tell us how their careers have progressed after training on the FDM Business Graduate Program.
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Kieran: My current role on the site is Business Intelligence Developer and I’m part of a three person developer team. My main responsibilities are related to reporting, especially with PowerBI and SSRS. My daily activities include project work, reporting and maintenance and understanding user needs. To do this, I need to communicate with business users about our data warehouse and identify how we can use it to meet their reporting needs. In addition, my role includes some business analysis work, which has helped to expand my skills.
Izhan: I currently work as a Business Analyst in a global bank as part of their ‘Cloud Finance’ program and my role focuses on compliance testing. I am responsible for coordinating the data transferred to the Cloud with the appropriate authorities and I also manage several tables on the side.
Kieran: My role requires me to work on a variety of projects and interact with stakeholders in different roles and departments every day, which I really enjoy. I now run the PowerBI training company for users who want to implement this technology in their role and it feels great to have this responsibility. I also have time to focus on my professional development and be responsible for my future.
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Izhan: A big part of my role is working with the development team, which is based in India. My favorite thing is connecting with different teams around the world and talking to new and inspiring people on a daily basis.
Kieran: I was recently involved in a project focused on implementing a new system to support engineers and everyone working on the site during our summer project. We are operating under tight deadlines and on top of that, one of our team members who was critical to this project has left, making our jobs much more difficult. As a team we had to adapt quickly and share the work between us. However, despite the challenges, we will be able to start the system in time for the demolition to begin.
Izhan: The biggest challenge for me was starting this role from home during the pandemic. The new virtual server process was a new experience for both the client and me. However, good communication, regular video calls with the rest of the team and support from my colleagues really helped me through this challenge.
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Kieran: I have completed a bachelor’s degree in Geology and I am interested in working with a client in the energy sector. Researching the field and especially the long-term goals of the organizations helped me a lot during the interview process and allowed me to secure a role with the right company.
Izhan: I studied Financial Economics at City, University of London. Although I had no previous experience in BI, I was always interested in a career in this field, as it would allow me to combine my data and analysis skills learned at university with my passion for IT. I will meet you.
Kieran: Vocational skills module
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