What Is a Business Intelligence Analyst? Making Data-Driven Business Decisions (2024)

Written by Coursera Staff • Updated on

Business intelligence analysts use data to help businesses navigate decisions. Once you have the necessary skills, there are several paths you can take to become one.

What Is a Business Intelligence Analyst? Making Data-Driven Business Decisions (1)

What does a business intelligence analyst do?

A business intelligence analyst, also known as a BI analyst, uses data and other information to help organizations make sound business decisions.

Though exact job descriptions can vary, a business intelligence analyst’s role can be broadly broken down into three parts:

  • Breaking down key business data: A business intelligence analyst might gather, clean, and analyze data like revenue, sales, market information, or customer engagement metrics of a business. BI analysts can also be asked to program tools and data models to help visualize or monitor data.

  • Interpreting the data: Finding patterns or seeing areas in the data that signal a potential for improvement in business practices is a key part of a BI analyst’s job. For example, a BI analyst might analyze market trends to understand how a company might need to adapt its product.

  • Sharing findings: Sharing findings can include anything from visualizing data in graphs and charts, to putting reports together and presenting in front of other teams or clients. Business intelligence analysts will also make recommendations to improve or grow the business based on their findings.

Start advancing your business intelligence skills today

Ready to explore a career as a business intelligence analyst? Consider enrolling in the IBM Business Intelligence (BI) Analyst Professional Certificate—no degree or experience is required to start learning today.

What Is a Business Intelligence Analyst? Making Data-Driven Business Decisions (2)

A business intelligence analyst in the US makes an average salary of $98,970, according to Glassdoor [1]. This figure combines base pay with additional compensation such as tips, commissions, cash bonuses, and profit sharing.

Compare the business intelligence analyst salary to that of similar roles:

RoleSalary
Data analyst$89,313
Business analyst$97,944
Product analyst$99,880
Business intelligence consultant$134,810
Senior business intelligence analyst$123,950
Business intelligence architect$154,867
Business intelligence manager$164,794

Business intelligence analysts can get their careers started in analytical roles like data analyst. They can go on to become business intelligence consultants, business intelligence architects, managers, or other senior positions.

Read more: Data Analyst vs. Business Analyst: What’s the Difference?

Business intelligence analysts vs. business analysts: What’s the difference?

Business analysts, not to be confused with BI analysts, also analyze information to make recommendations to improve a business. But while BI analysts deal more directly with data to find insights, business analysts typically deal with the practical applications of those insights.

What Is a Business Intelligence Analyst? Making Data-Driven Business Decisions (3)

How to become a business intelligence analyst

Here are skills a BI analyst typically has and the paths you can take to acquire them.

  • Database tools: Working with data will be a key part of your job. Knowing how to manage data using common data tools such as Excel and SQL are essential. Familiarity with data analysis tools that offer machine learning solutions has also become an increasingly sought-after skill among BI analysts.

Read more: 5 SQL Certifications for Your Data Career

  • Data visualization: Knowledge of services like Tableau and Power BI are often cited in job descriptions as important skills to have. These tools help create graphs and other visualizations of data.

  • Coding languages: As a BI analyst, you can be asked to create systems or processes to help analyze data and monitor key aspects of the business. Familiarity with coding languages like Python, Java, or R is often sought after in job listings.

  • 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 in front of teams or creates written reports in order to share findings. Having the written and verbal communication skills to synthesize research and recommendations is often core to the role.

Watch the video to understand the data analyst ecosystem and preview the IBM certificate:

Becoming a business intelligence analyst

There are several paths you can take to become a business intelligence analyst.

Professional certificates or online courses: A professional certificate or course are good ways to build needed 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 offers a Data Warehouse Business Intelligence Specialization 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 modeling, systems analysis, or a related field.

Interested in certifications but don’t know where to start?

Read through a list of SQL and database certifications. 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 needed of a BI analyst. 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. It’s a good idea to take your past experience into consideration in deciding what field is best for your master’s.

If you’ve worked in business for several years and need a stronger background in data, a master’s in data science might suit your needs. If you have a solid understanding of data analysis but need better business understanding, an MBA program with a focus on business analytics might be what you’re looking for.

Start advancing your business intelligence skills today

To launch your business intelligence career, consider building foundational data analytics skills with the IBM Business Intelligence Analyst Professional Certificate. You'll gain a comprehensive skill building experience by learning data visualization and dashboards, using Excel for data analysis, and applying SQL to query databases.

Frequently asked questions (FAQ)

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 majoring 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 might choose to pursue a career in leadership and management or focus more on data by becoming a data scientist or data engineer.‎

A BI developer is someone who supports an organization by developing reports, querying and visualization tools, interactive dashboards, and interfaces. If you’re interested in the technical side of business intelligence, consider a career as a BI developer. ‎

If you’re interested in both business strategy and the technologies of data analytics, then business intelligence could be a good field to consider. BI analysts also tend to make more than other IT professionals, and they’re needed across a range of industries.‎

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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.

What Is a Business Intelligence Analyst? Making Data-Driven Business Decisions (2024)

FAQs

What Is a Business Intelligence Analyst? Making Data-Driven Business Decisions? ›

A data-driven decision-making model in business intelligence refers to a method where insights and conclusions are drawn from data analysis to guide organizational strategies and decisions. It involves collecting, analyzing, and interpreting data to inform choices rather than relying solely on intuition or experience.

What is the role of business analyst in data-driven decisions? ›

Business data analysts use the data analysis process to advance their company's business goals. Business data analysts use the data analysis process to understand, interpret, and predict patterns in business, and then use those data-driven insights to enhance their business practices.

What does a business intelligence data analyst do? ›

Breaking down key business data: A business intelligence analyst might gather, clean, and analyze data like revenue, sales, market information, or customer engagement metrics of a business. BI analysts can also be asked to program tools and data models to help visualize or monitor data.

How does business intelligence help organizations make informed and data-driven decisions? ›

Business intelligence plays a crucial role in decision-making processes by providing valuable insights for informed choices. By leveraging technologies, strategies, and practices to collect, analyze, and present data, organizations can gain a competitive edge and drive growth.

How business analytics is helpful in data-driven decision-making? ›

The three primary components of business analytics—descriptive, predictive, and prescriptive analytics—each play a distinct role in enhancing decision-making processes. Descriptive analytics involves the analysis of historical data to gain an understanding of past trends and patterns.

What is the role of business intelligence? ›

Overall, the role of business intelligence is to improve an organization's business operations through the use of relevant data. Companies that effectively employ BI tools and techniques can translate their collected data into valuable insights about their business processes and strategies.

What does business intelligence do? ›

Business intelligence is a broad term that encompasses data mining, process analysis, performance benchmarking, and descriptive analytics. BI parses all the data generated by a business and presents easy-to-digest reports, performance measures, and trends that inform management decisions.

What is the difference between a data analyst and a business intelligence analyst? ›

If you want to forecast future trends based on past data, data analytics reporting is best. In contrast, business intelligence is best if you want to pull large amounts of current data to generate a report.

What are the benefits of business intelligence? ›

BI makes it possible for organizations to predict demand and keep track of its changes over time. By maximizing inventory size to meet customer demand, BI assists the retail sector. Additionally, it aids businesses understanding customer behavior and improving customer satisfaction.

Are an important part of data-driven decision-making? ›

There are at least two key factors to consider when using data-driven decision-making: The data is accurate and relevant. The data encourages others to think critically.

What are the 4 steps of data-driven decision making? ›

How to Become More Data-Driven in 5 Steps
  • Step 1: Strategy. Data-driven decision making starts with the all-important strategy. ...
  • Step 2: Identify key areas. ...
  • Step 3: Data targeting. ...
  • Step 4: Collecting and analyzing data. ...
  • Step 5: Turning insights into action.

What do you mean by data-driven decision making? ›

Data-driven decision-making (DDDM) is defined as using facts, metrics, and data to guide strategic business decisions that align with your goals, objectives, and initiatives.

Which analytics is an example of data-driven decision making? ›

Specific Types of Data Analytics For Decision-Making

Text analytics techniques involve sentiment analysis, topic modeling, and named entity recognition, among others. Businesses can use text analytics to gain insights into customer feedback, social media sentiment, or trends in market research reports.

What is the salary of a business intelligence data analyst? ›

Business Intelligence Analyst Salaries in India

The average salary for Business Intelligence Analyst is ₹10,80,801 per year in the India. The average additional cash compensation for a Business Intelligence Analyst in the India is ₹2,87,686, with a range from ₹2,76,417 - ₹2,98,956.

Is business intelligence and data analytics a good career? ›

While there are many reasons to consider a career as a BI analyst, there are three that especially stand out: Exciting career opportunities. Good salaries and job security. Job satisfaction through professional development and problem solving.

What qualifications do you need to be a business intelligence analyst? ›

To receive certification, individuals must have a bachelor's degree, two years of full-time work experience, and pass three exams. Certification is offered in four specialty areas: business analytics, leadership and management, data integration, and data analysis and design.

Does business intelligence analyst need coding? ›

Business Intelligence (BI) jobs often require some level of coding. The specific coding requirements depend on the complexity of the tasks and the job role.

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