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A Rewarding Career: Business Intelligence Analyst Salary Ranges


Diplomacy

Organizations face challenges tracking and analyzing ever-growing amounts of data, commonly referred to as big data. The 2018 Big Data Executive Survey reported that 97.2% of organizations are investing in data analytics and artificial intelligence to improve decision-making. For this reason, the role of business intelligence analysts is becoming increasingly important.

Business intelligence analysts analyze large volumes of data to identify patterns, opportunities and issues. Conclusions drawn from this analysis help provide organizational solutions and strategic direction. Business intelligence analysts play a critical role in a variety of industries including finance and insurance corporations and technical and scientific service companies.

For aspiring business intelligence analysts with a passion for international relations and diplomacy, another potential career path is employment with a global public, private, military, or non-profit organization. In these positions, business intelligence analysts apply problem-solving skills to provide diplomatic solutions for international issues and conflicts.

What Does a Business Intelligence Analyst Do?

Although daily accountabilities vary by position, a business intelligence analyst generally:

  • Creates programs and processes for compiling and analyzing data.
  • Conducts data analysis and develops reports based on the results.
  • Identifies and proposes business intelligence projects and determines what types of data are valuable.
  • Works closely with leadership and business partners to solve problems and identify solutions based on data analysis findings.

Professionals in this field require technical expertise in data management and analytics to transform data into valuable information.  In addition, data analysts require soft business skills including critical thinking and a broad understanding of business strategy and operations to provide thoughtful insight into what information is valuable to the organization. Another skill essential to their success is written and verbal communication to articulate data analysis results in written and oral presentations. 

Diplomacy: A Specialized Opportunity for Business Intelligence Analysts

Diplomacy is the practice of managing conflict, solving problems, and building cooperation at an international level. A master’s degree in diplomacy provides students with an advanced understanding of global affairs. This knowledge is critical to collecting and interpreting sensitive information that supports strategic decision-making.

With international problem-solving skills, graduates with advanced education in diplomacy are well-prepared to work in a variety of sectors, including public, private, military and non-profit. For example, graduates may pursue an intelligence analyst position with a U.S. Agency. Accountabilities assigned to this role include collecting and analyzing information relating to foreign countries to aid policy development and military planning. Or graduates may seek employment with corporate organizations and non-profits with global operations. Business intelligence analysts in these roles analyze information and report on regulators, laws and cultural considerations to inform business ventures into foreign countries.

What Is the Business Intelligence Analyst Salary Range?

PayScale reports that at the time of writing the average business intelligence analyst salary is $67,108 per year. Those in the top 10 percent earn about $94,000, and those in the bottom 10 percent earn about $49,000. The compensation fluctuates greatly based on experience, training and qualifications, and job location. PayScale reports that at the time of writing, the average entry-level business intelligence analyst salary is $58,007 per year. In contrast, PayScale indicates that more experienced business intelligence analysts with between 10 and 19 years of experience may earn a total compensation of $84,057.

When it comes to location, business intelligence analysts employed in San Francisco earn about 27.3% more than the national average. Seattle is another location that provides higher compensation than the national average. The lowest salaries for business intelligence analysts are found in Chicago and Atlanta.

Future Demand for Business Intelligence Analysts

The U.S. Bureau of Labor Statistics, (BLS) projects that demand for management analyst roles, which are similar to business analyst roles, will increase by 14% from 2016 to 2026. This is much higher than the average growth of 7% for all occupations.

The BLS also reports that despite a strong outlook for the management analyst field, professionals in this area should be prepared for intense competition for desirable jobs. For this reason, individuals pursuing this career should consider attaining a graduate degree or other specialized training to stand out from their competitors.  

Explore a Master of Arts in Diplomacy

Are you interested in a career as a business intelligence analyst and want to develop specialized knowledge to stand out from your competition? Learn about Norwich University’s online Master of Arts in Diplomacy program to discover how its curriculum helps advance a career as a business intelligence analyst with global responsibilities.

Students enrolled in the program will enhance their political, governmental or business expertise with a broad knowledge of international relations. With four concentrations, the program provides students the opportunity to tailor their education to meet individual career goals. The International Conflict Management concentration includes courses such as International Security and Military Intervention and Conflict Management to prepare students for careers with a military agency. While the International Commerce concentration includes courses in Global Corporate Diplomacy and Global Commerce to support a career path with a global corporate organization. The other two concentrations are Cyber Diplomacy – Policy or Technical, and International Terrorism, which deepen knowledge in two very important areas in today’s world.

Norwich is the nation’s oldest private military college and has maintained a leadership position in education since 1819. Norwich’s innovative online programs deliver curricula that are relevant and practical, providing graduates with the skills for future success.

Related readings:

8 Books for Students Obtaining a Master of Arts in Diplomacy
An Introduction to America’s Foreign Policy
The Increasing Need for Cyber Diplomacy

Sources

NewVantage Partners Releases Annual Big Data Executive Survey for 2018, Business Wire
What Is a Business Intelligence Analyst? A Role for Driving Business Value with Data, CIO
Five Business Intelligence Predictions for 2019, Forbes
Average Business Intelligence (BI) Analyst Salary, PayScale
Average Entry-Level Business Intelligence (BI) Analyst Salary, PayScale
Management Analysts, U.S. Bureau of Labor Statistics
Foreign Affairs Careers, Chron
Master of Arts in Diplomacy, Norwich University