Business Intelligence Manager Key Stats | |
---|---|
Education | 4+ Years |
Job Outlook | 9% |
A qualified Business Intelligence Manager can procure a job in a range of industries including: Aerospace and Defense, warehouse or the consumer products industries to name a few.
Business Intelligence Managers are responsible for the management, structure and quality of information and data from within their company and use sophisticated technology to perform their job functions.
All of their work revolves around data: the creation of it, where it goes and who gets to work with it, the structuring of data and improvements made upon it and the presentation of data in order to display it to individuals so they can make use of it.
Business Intelligence Managers must collaborate with colleagues and other data handlers in order for the information to be presentable and deliverable.
They ensure the identification for improved management and delivery of data when they work with others.
In order to become a Business Intelligence Manager , a candidate needs to show they have the ability to be organized, work with complex information and be able to analyze all the data they work with in order for it to be presentable, accurate and comprehensible to other users.
Table of Contents
Education Requirements to Become a Business Intelligence Manager
Someone who wants to become a Business Intelligence Manager needs to plan on completing a Bachelor’s Degree with a focus on Computer Science, Computer Information Systems or any related field.
They need to obtain a Bachelor’s Degree from an accredited institution.
People who want to become a Business Intelligence Manager must also update their skills by attending training sessions.
In addition, Business Intelligence Managers can set themselves apart from other candidates by seeking certification and additional training.
Certification programs specifically help individuals create a background that help define and distinguish them in a professional manner.
Candidates will train for a certification exam during the program.
A total of three exams are required by certain programs.
The first two exams that need to be passed are focused on a Core Exam and the Data Warehousing Exam.
Candidates will need to choose a specialty for their third exam, the available options are:
- Leadership and Management
- Business Analytics
- Data Analysis and Design
- Data Integration
A candidate can only take the third specialty exam once they have completed and passed the first two examinations.
Candidates can choose to become certified in all four specializations.
A candidate who scores a 50 or higher on all three tests is considered at a Practitioner level.
Someone in the Mastery level scored at least 70% or higher on all the exams they took.
Visit: TDWI for more information regarding certification.
Business Intelligence Manager Job Description
The purpose of Business Intelligence is to combine technology, data, logical thinking and human comprehension in order to provide optimization when making business decisions with the strategic goal of creating a successful organization or business.
A potential Business Intelligence Manager candidate can expect to fulfill the following responsibilities and have the following skills:
- Work collaboratively with various departments within the company in order to fulfill any reports made by them
- Be able to use data technology such as Business Objects, Green Plum, Teradata and Netezza
- Create and manage new Reporting Projects
- Coordinate and manage Reporting Projects that have been created simultaneously and being worked on by other colleagues’
- Work with several departments in order to strategize and provide requirements; helps other departments with directing and focusing on certain business strategies
- Audits team reports
- Being capable of providing interface analysis and data mapping
- Have the ability to use open source technologies in order to build business solutions
A Business Intelligence Manger plays a key role in driving and innovating business solutions.
Professionals use various technologies in order to perform their duties and manage solution designs.
They must also make sure that the data descriptions are comprehended across all performances.
Business Intelligence Manager Salary and Career Path
A Business Intelligence Manger can seek a senior position after acquiring several years of experience.
The average national salary is approximately $88,000 annually.
Business Intelligence is considered a growing sector in the business world because of organizations tendency to implement advanced technologies.
There will be a high need for trained and experienced professionals in order for companies to grow and become successful entities.
The below information is based on the 2023 BLS national averages.
National Average Salary
$129,330Average Salary by State
State | Avg. Annual Salary |
---|---|
Alabama | $129,310 |
Alaska | $120,820 |
Arizona | $113,800 |
Arkansas | $87,790 |
California | $155,170 |
Colorado | $156,210 |
Connecticut | $155,870 |
Delaware | $169,020 |
District of Columbia | $174,250 |
Florida | $130,720 |
Georgia | $123,900 |
Hawaii | $124,640 |
Idaho | $85,750 |
Illinois | $129,590 |
Indiana | $129,530 |
Iowa | $95,160 |
Kansas | $108,470 |
Kentucky | $97,500 |
Louisiana | $122,050 |
Maine | $107,810 |
Maryland | $126,410 |
Massachusetts | $149,870 |
Michigan | $118,150 |
Minnesota | $114,490 |
Mississippi | $101,150 |
Missouri | $98,520 |
Montana | $100,320 |
Nebraska | $99,080 |
Nevada | $125,990 |
New Hampshire | $139,120 |
New Jersey | $180,890 |
New Mexico | $120,760 |
New York | $165,000 |
North Carolina | $132,590 |
North Dakota | $112,780 |
Ohio | $115,950 |
Oklahoma | $103,270 |
Oregon | $113,080 |
Pennsylvania | $121,610 |
Rhode Island | $145,620 |
South Carolina | $108,710 |
South Dakota | $144,880 |
Tennessee | $121,270 |
Texas | $122,650 |
Utah | $106,910 |
Vermont | $106,070 |
Virginia | $138,980 |
Washington | $144,420 |
West Virginia | $94,150 |
Wisconsin | $141,910 |
Wyoming | $117,030 |
Guam | $73,870 |
Puerto Rico | $93,730 |
Virgin Islands | $95,290 |
The top earning state in the field is New Jersey, where the average salary is $180,890.
These are the top 5 highest-paying states in the field:
* Employment conditions in your area may vary.
Frequently Asked Questions
What does a business intelligence manager do?
Business intelligence managers study markets and related products, to be able to analyze market strategies.
Experts have to always stay in touch with current trends.
Business intelligence managers spend a lot of time gathering business data to reach informed conclusions and ensure that the business stays up-to-date according to the latest changes in the industry.
The managers might be responsible for future product development or their main aim may be to simply increase the sales of current products.
Of course, business intelligence managers communicate with customers, suppliers, and even competitors to acquire more information on the current trends.
The experts have to know exactly how to use the new information for future decision-making and problem-solving within the company (or business).
How much do business intelligence managers make?
On average, business intelligence managers earn around $102.000 per year in the United States.
In case you decide to choose this career path, you can expect to earn anywhere between $73.000 and $135.000 annually.
The salary would depend on your level of education, your experience, the employer, and the industry.
Business intelligence managers that work for Amazon.com, for example, make $122.00 per year (on average).
If you are just getting started, you will be paid around $87.000; business intelligence managers that have been in the industry for 5-9 years can make over $103.000, while the experts that have been working for over 10 years can expect to earn $112.000.
How much does it cost to become a business intelligence manager?
The absolute majority of business intelligence managers have a bachelor’s degree in a business-related sphere.
It will cost you anywhere between $8.000 and $30.000 for a year in a university; however, be prepared to spend more as the books, supplies, and accommodation expenses are not included.
Some companies require their future business intelligence managers to have a master’s degree.
It will cost you $30.000 and more to obtain one.
Later on, you can get certified by the Institute of Management Consultants USA and become a Certified Management Consultant ($350-$550).
What is the demand for business intelligence managers?
Between 2016 and 2026, the business intelligence manager job market is expected to grow by 9%, which is close to the national average in the USA.
Those experts that have skills in big data analytics, data mining, and Cognos will be in high demand and might get picked for the highest-paid jobs.
In case your skills are limited to Microsoft Excel and data analysis, you should consider advancing your knowledge, in order to get hired.
How long does it take to become a business intelligence manager?
It will take you 4 years to earn a bachelor’s degree in a business-related field.
In case you decide to go for the master’s degree, you should be prepared to spend 1-2 years on obtaining one.
To become a Certified Management Consultant, you would have to have at least 3 years of on-job experience in the field.