Business intelligence analysts use data to help businesses navigate decisions. Once you have the necessary skills, you can explore several paths to becoming one.
A business intelligence analyst (BI analyst) uses data and other information to help organisations make sound business decisions.
Though exact job descriptions can vary, a business intelligence analyst’s role broadly breaks down into three parts:
Breaking down key business data: A business intelligence analyst might gather, clean, and analyse data like revenue, sales, market information, or customer engagement metrics of a business. BI analysts may also program tools and data models to help visualise or monitor data.
Interpreting the data: Finding patterns or areas in the data that signal potential improvements in business practices is an essential part of a BI analyst’s job. For example, a BI analyst might analyse market trends to understand how a company might need to adapt its product.
Sharing findings: Sharing findings can include anything from visualising data in graphs and charts to putting reports together and presenting them in front of other teams or clients. Based on their findings, business intelligence analysts will also make recommendations to improve or grow the business.
According to May 2024 data from Glassdoor [1], a business intelligence analyst in the UK makes an average base salary of £39,532, with an average additional cash compensation of £2,865. Compare that to similar roles.
Role | Salary |
---|---|
Data analyst | £36,334 |
Business analyst | £45,381 |
Product analyst | £47,143 |
Business intelligence consultant | £38,021 |
Senior business intelligence analyst | £51,612 |
Business intelligence architect | £49,674 |
Business intelligence manager | £59,670 |
Business intelligence analysts start their careers in analytical roles like data analysts. They can become business intelligence consultants, architects, managers, or senior positions.
Business analysts, not to be confused with BI analysts, also analyse information to make recommendations to improve a business. But whilst BI analysts deal more directly with data to find insights, business analysts typically deal with the practical applications of those insights.
Here are some essential skills a BI analyst typically has and the paths you can take to acquire them.
Database tools: Working with data will be crucial to your job. Knowing how to manage data using common data tools such as Excel and SQL is essential. Familiarity with data analysis tools that offer machine learning solutions has also become an increasingly sought-after skill amongst BI analysts.
Data visualisation: Knowledge of services like Tableau and Power BI often gets cited in job descriptions. Proficiency in data visualisation is among the important skills you’ll need because these tools help create graphs and other data visualisations.
Coding languages: As a BI analyst, you may create systems or processes to help analyse data and monitor key aspects of the business. Potential employers often seek candidates familiar with coding languages like Python, Java, or R.
Financial and business knowledge: A good understanding of business practices and finance will be critical to providing insights on improving the business.
Communication: A business intelligence analyst often speaks to teams or creates written reports to share findings. Having the written and verbal communication skills to synthesise research and recommendations is usually core to the role.
You can explore several paths to becoming a business intelligence analyst.
Professional certificates or online courses: A Professional Certificate, Guided Project, or Course can help you build skills like data analysis or familiarity with Power BI. Often, with no previous related experience, required certificates or online courses can offer the flexibility needed to learn a new field while not disrupting your life. The University of Colorado provides a Data Warehouse Business Intelligence Specialisation on Coursera that can teach you the essentials 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 modelling, systems analysis, or a related field.
You might also consider Google’s Professional Certificate in data analytics.
Bachelor’s degrees: A bachelor’s degree can bring you both the technical and critical thinking skills BI analysts need. Focus your studies on a quantitative field like finance, mathematics, or data science.
Master’s degrees: A master’s degree can build on your previous experience and education to pivot you into a business intelligence analyst role. Consider your expertise when deciding what field is best for your master’s.
If you’ve worked in business for several years and need a more robust background in data, a master’s in data science might suit your needs. If you have a solid understanding of data analysis but need a better business understanding, an MBA program focusing on business analytics might be what you’re looking for.
Business intelligence analysts use their critical thinking and quantitative abilities to help businesses improve and thrive. As data is increasingly important in our everyday lives, BI analysts will likely be crucial to business operations for years.
A bachelor’s degree is a common entry-level qualification for BI analysts. Start developing your skills by choosing modules in statistics, business administration, computer science, or a related field. Some BI analysts might go on to earn a Master of Business Administration (MBA) or a graduate degree in data science.
A path toward a career in business intelligence may begin with an entry-level role as a data analyst or business analyst. As you gain more skills and experience as a BI analyst, you could 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’ll help support your organisation by developing reports, querying and visualisation tools, interactive dashboards, and interfaces.
If you’re interested in business strategy and data analytics technologies, then business intelligence could be an excellent field to consider. BI analysts also tend to make more than other IT professionals. Additionally, you’ll find demand for this role across a range of industries.
Glassdoor. "Business Intelligence Analyst Salaries in United Kingdom, https://www.glassdoor.co.uk/Salaries/uk-business-intelligence-analyst-salary-SRCH_IL.0,2_IN2_KO3,32.htm?clickSource=searchBtn." Accessed May 7, 2024.
Editorial Team
Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact...
This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.