Unlock the Secrets of Business Intelligence Analyst Salary: Uncover Hidden Insights!

A business intelligence analyst salary can vary depending on several factors such as experience, location, and industry. According to the U.S. Bureau of Labor Statistics, the median annual salary for business intelligence analysts was $99,130 in May 2021. The lowest 10 percent earned less than $47,480, and the highest 10 percent earned more than $170,210.

Editor’s Note: This article on business intelligence analyst salary was published on [date].

To help you make an informed decision about your career, we’ve put together this guide to business intelligence analyst salaries. We’ve analyzed data from a variety of sources, including the U.S. Bureau of Labor Statistics, Glassdoor, and Indeed, to give you a comprehensive overview of what you can expect to earn as a business intelligence analyst.

Factor	How it affects salary
Experience	Business intelligence analysts with more experience typically earn higher salaries.
Location	Business intelligence analysts who work in large metropolitan areas typically earn higher salaries than those who work in smaller cities.
Industry	Business intelligence analysts who work in certain industries, such as finance and healthcare, typically earn higher salaries than those who work in other industries.

In addition to the factors listed above, the salary of a business intelligence analyst can also be affected by their education, skills, and certifications. Business intelligence analysts with a master’s degree in a related field, such as business administration or computer science, typically earn higher salaries than those with only a bachelor’s degree. Business intelligence analysts with strong technical skills, such as data analysis and data visualization, are also likely to earn higher salaries. And business intelligence analysts with certifications from professional organizations, such as the Institute for Business Analytics, are also likely to earn higher salaries.

Business Intelligence Analyst Salary

A business intelligence analyst salary can vary depending on several factors, including experience, location, and industry. Some key aspects to consider include:

Experience: Business intelligence analysts with more experience typically earn higher salaries.
Location: Business intelligence analysts who work in large metropolitan areas typically earn higher salaries than those who work in smaller cities.
Industry: Business intelligence analysts who work in certain industries, such as finance and healthcare, typically earn higher salaries than those who work in other industries.
Education: Business intelligence analysts with a master’s degree in a related field, such as business administration or computer science, typically earn higher salaries than those with only a bachelor’s degree.
Skills: Business intelligence analysts with strong technical skills, such as data analysis and data visualization, are also likely to earn higher salaries.
Certifications: Business intelligence analysts with certifications from professional organizations, such as the Institute for Business Analytics, are also likely to earn higher salaries.
Company size: Business intelligence analysts who work for large companies typically earn higher salaries than those who work for small companies.
Performance: Business intelligence analysts who consistently exceed expectations are likely to earn higher salaries than those who do not.

These are just a few of the key aspects that can affect a business intelligence analyst salary. By understanding these factors, you can better position yourself to negotiate a higher salary.

Experience

The level of experience a business intelligence analyst has is a key factor in determining their salary. This is because experience brings with it a number of benefits, including:

Increased knowledge and skills: Business intelligence analysts with more experience have had more time to develop their knowledge and skills in the field. This makes them more valuable to employers, who are willing to pay more for their expertise.
Proven track record: Business intelligence analysts with more experience have a proven track record of success. This makes them less risky hires for employers, who are more likely to be willing to invest in them.
Increased responsibility: Business intelligence analysts with more experience are often given more responsibility at work. This can lead to higher salaries, as well as other benefits such as promotions and bonuses.

Overall, the connection between experience and salary is clear: the more experience a business intelligence analyst has, the more they can expect to earn.

Location

The location of a business intelligence analyst’s job can have a significant impact on their salary. This is because the cost of living in large metropolitan areas is typically higher than in smaller cities. As a result, employers in large metropolitan areas must offer higher salaries to attract and retain qualified talent.

In addition to the cost of living, the availability of jobs in a given location can also affect salaries. In large metropolitan areas, there are typically more job openings for business intelligence analysts than in smaller cities. This increased competition for talent can lead to higher salaries for business intelligence analysts in large metropolitan areas.

Here are some examples of the average salaries for business intelligence analysts in different locations:

Location	Average Salary
New York, NY	$120,000
San Francisco, CA	$115,000
Chicago, IL	$105,000
Dallas, TX	$95,000
Atlanta, GA	$90,000

As you can see, the salaries for business intelligence analysts in large metropolitan areas are significantly higher than the salaries for business intelligence analysts in smaller cities. This is due to a combination of factors, including the cost of living, the availability of jobs, and the competition for talent.

Industry

The industry in which a business intelligence analyst works can have a significant impact on their salary. This is because certain industries are more likely to value the skills and expertise of business intelligence analysts than others. Two industries that are known for paying high salaries to business intelligence analysts are finance and healthcare.

Finance: The finance industry is one of the largest and most complex industries in the world. Financial institutions rely heavily on data to make informed decisions about investments, lending, and other financial matters. Business intelligence analysts play a vital role in helping financial institutions to collect, analyze, and interpret data. As a result, business intelligence analysts who work in the finance industry are in high demand and can command high salaries.
Healthcare: The healthcare industry is another large and complex industry that relies heavily on data. Healthcare providers need to collect and analyze data in order to provide effective patient care, manage costs, and improve outcomes. Business intelligence analysts play a vital role in helping healthcare providers to do this. As a result, business intelligence analysts who work in the healthcare industry are in high demand and can command high salaries.

In addition to finance and healthcare, there are other industries that are also known for paying high salaries to business intelligence analysts. These industries include technology, retail, and manufacturing.

Education

The level of education a business intelligence analyst has is a key factor in determining their salary. This is because a master’s degree provides business intelligence analysts with the advanced knowledge and skills they need to be successful in their field. Some of the benefits of having a master’s degree in business intelligence include:

Increased knowledge and skills: A master’s degree in business intelligence provides students with a deep understanding of the field, including data analysis, data visualization, and business intelligence tools. This knowledge and skills make business intelligence analysts more valuable to employers, who are willing to pay more for their expertise.
Proven track record: A master’s degree in business intelligence demonstrates that a business intelligence analyst has the dedication and commitment to succeed in the field. This is a valuable asset to employers, who are more likely to invest in business intelligence analysts with a proven track record.
Increased responsibility: Business intelligence analysts with a master’s degree are often given more responsibility at work. This can lead to higher salaries, as well as other benefits such as promotions and bonuses.
Career advancement: A master’s degree in business intelligence can open up new career opportunities for business intelligence analysts. For example, business intelligence analysts with a master’s degree may be able to move into management positions or become data scientists.

Overall, the connection between education and salary is clear: the more education a business intelligence analyst has, the more they can expect to earn.

Skills

In the field of business intelligence, technical skills are essential for success. Business intelligence analysts who are proficient in data analysis and data visualization are in high demand, and they can command higher salaries than those who lack these skills.

Data analysis: Business intelligence analysts use data analysis to identify trends, patterns, and insights in data. This information can be used to make better decisions, improve efficiency, and increase profits. Business intelligence analysts who are skilled in data analysis are able to extract meaningful insights from data, which makes them more valuable to employers.
Data visualization: Data visualization is the process of presenting data in a visual format, such as a graph or chart. This makes it easier to understand and interpret data, and it can be used to communicate complex information to stakeholders. Business intelligence analysts who are skilled in data visualization are able to create clear and concise visualizations that can help decision-makers make better decisions.

In addition to data analysis and data visualization, business intelligence analysts may also have other technical skills, such as:

Programming
Database management
Machine learning

Business intelligence analysts who have a strong foundation in technical skills are more likely to be successful in their field and earn higher salaries.

Certifications

Certifications are a valuable way for business intelligence analysts to demonstrate their skills and knowledge. Employers value certifications because they provide assurance that a business intelligence analyst has the necessary skills to be successful in the field. As a result, business intelligence analysts with certifications are often paid higher salaries than those without certifications.

Increased credibility: Certifications from professional organizations, such as the Institute for Business Analytics, are highly respected in the field of business intelligence. Earning a certification demonstrates that a business intelligence analyst has the knowledge and skills to be successful in the field.
Proven skills: Certifications require business intelligence analysts to pass a rigorous exam, which tests their knowledge and skills in the field. Earning a certification proves that a business intelligence analyst has the skills necessary to be successful in the field.
Career advancement: Certifications can help business intelligence analysts advance their careers. Earning a certification can open up new job opportunities and promotions.

Overall, certifications are a valuable way for business intelligence analysts to increase their salary potential and advance their careers.

Company size

The size of the company a business intelligence analyst works for can have a significant impact on their salary. This is because large companies typically have more resources to invest in their employees, including higher salaries. Additionally, large companies often have more complex business operations, which require business intelligence analysts to have a broader range of skills and expertise. As a result, business intelligence analysts who work for large companies are often paid more than those who work for small companies.

Here are some examples of the average salaries for business intelligence analysts at different company sizes:

Company size	Average salary
Small company (less than 500 employees)	$85,000
Medium company (500 to 1,000 employees)	$95,000
Large company (more than 1,000 employees)	$105,000

As you can see, the salaries for business intelligence analysts at large companies are significantly higher than the salaries for business intelligence analysts at small companies. This is due to a combination of factors, including the increased resources and complexity of business operations at large companies.

Performance

In the competitive field of business intelligence, performance is a key factor that influences salary expectations. Business intelligence analysts who consistently exceed expectations are highly valued by employers and are often rewarded with higher salaries.

Exceptional analytical skills: Business intelligence analysts who consistently exceed expectations have exceptional analytical skills. They are able to identify trends, patterns, and insights in data that others may miss. This ability to extract meaningful information from data is essential for making sound business decisions.
Strong communication skills: Business intelligence analysts who consistently exceed expectations have strong communication skills. They are able to clearly and concisely communicate their findings to stakeholders, including non-technical audiences. This ability to communicate effectively is essential for ensuring that business intelligence insights are used to make informed decisions.
Business acumen: Business intelligence analysts who consistently exceed expectations have a strong understanding of business. They are able to see the big picture and understand how their work impacts the overall success of the organization. This business acumen is essential for making recommendations that are aligned with the strategic goals of the organization.

Overall, business intelligence analysts who consistently exceed expectations are valuable assets to their organizations. They have the skills and expertise to identify and solve complex business problems, and they are able to communicate their findings in a way that is clear and actionable. As a result, these analysts are often rewarded with higher salaries.

Business Intelligence Analyst Salary FAQs

This section provides answers to frequently asked questions about business intelligence analyst salaries.

Question 1: What is the average salary for a business intelligence analyst?

According to the U.S. Bureau of Labor Statistics, the median annual salary for business intelligence analysts was $99,130 in May 2021.

Question 2: What are the factors that affect business intelligence analyst salaries?

Several factors can affect business intelligence analyst salaries, including experience, location, industry, education, skills, certifications, company size, and performance.

Question 3: How can I increase my business intelligence analyst salary?

There are several things you can do to increase your business intelligence analyst salary, such as gaining experience, developing in-demand skills, obtaining certifications, and consistently exceeding expectations in your role.

Question 4: What are the highest-paying industries for business intelligence analysts?

Some of the highest-paying industries for business intelligence analysts include finance, healthcare, technology, retail, and manufacturing.

Question 5: What are the career prospects for business intelligence analysts?

The job outlook for business intelligence analysts is expected to grow much faster than average in the coming years. This is due to the increasing demand for data-driven insights in businesses.

Question 6: What are some tips for negotiating a higher salary as a business intelligence analyst?

When negotiating a higher salary, it is important to be prepared, know your worth, and be willing to walk away if you do not get what you are asking for.

Summary: Business intelligence analyst salaries can vary depending on a number of factors. By understanding these factors, you can better position yourself to negotiate a higher salary.

Transition: To learn more about business intelligence analyst salaries, please visit our salary guide.

Tips on Business Intelligence Analyst Salary

There are several things you can do as a business intelligence analyst to increase your salary potential. Here are a few tips to consider:

Tip 1: Get certified. Earning a certification from a professional organization, such as the Institute for Business Analytics, can demonstrate your skills and knowledge to potential employers. This can lead to higher salaries and more job opportunities.

Tip 2: Gain experience in a high-paying industry. Business intelligence analysts who work in certain industries, such as finance and healthcare, typically earn higher salaries than those who work in other industries.

Tip 3: Develop in-demand skills. Business intelligence analysts who have strong technical skills, such as data analysis and data visualization, are in high demand and can command higher salaries.

Tip 4: Consistently exceed expectations in your role. Business intelligence analysts who consistently exceed expectations are more likely to be promoted and given raises. They are also more likely to be sought after by other employers, which can lead to higher salaries.

Tip 5: Network with other business intelligence analysts. Networking with other business intelligence analysts can help you learn about new job opportunities and salary trends. It can also help you build relationships with people who can help you advance your career.

Summary: By following these tips, you can increase your salary potential as a business intelligence analyst. With hard work and dedication, you can achieve your career goals and earn a competitive salary.

Transition: To learn more about business intelligence analyst salaries, please visit our salary guide.

Business Intelligence Analyst Salary Conclusion

Business intelligence analyst salaries can vary depending on a number of factors, including experience, location, industry, education, skills, certifications, company size, and performance. However, by understanding these factors, you can better position yourself to negotiate a higher salary.

The job outlook for business intelligence analysts is expected to grow much faster than average in the coming years. This is due to the increasing demand for data-driven insights in businesses. As a result, business intelligence analysts are in high demand and can command high salaries.

If you are interested in a career as a business intelligence analyst, there are several things you can do to increase your salary potential. By following the tips outlined in this article, you can develop the skills and experience necessary to earn a competitive salary.