The following article discusses the career path of Business Intelligence Manager. Learn about how to become one, education requirements, job duties, traits and qualities, national salary outlook as well as top national employers of Business Intelligence Managers.
Business intelligence managers hold responsibility for the provision of data solutions that are linked to the organization’s business strategies. They manage business analysts within their department, who each use different statistical methodologies in order to resolve quantitative issues as they relate to the organization in an effort to make it more profitable.
These professionals conduct risk analysis and assessments regularly. They gather intelligence data to prepare complex reports, through which they draw strategic conclusions. They then present their findings to executives within the organization. They also ensure that company resources are deployed in an efficient manner, ensuring that all performance is at peak. They often also link closely with the HR department in relation to the recruitment, training, and retention of analytical staff.
Other job duties of business intelligence managers are:
- Working with various data sources from across the organization and beyond to draw strategic conclusions
- Auditing data and putting remedial solutions in place, while also training end users on how to use it properly.
- Manage, design, and code developers in order to ensure tools, dashboards, and end user data are logical
- Gather, analyze, and report on financial and analytical data for various projects
Where We Work
According to the U.S. Bureau of Labor Statistics, there were 806,400 management analysts, which is a role similar to that of the business intelligence manager, in 2016. The largest employers of these professionals are:
- Professional, scientific, and technical services: 30%
- Self-employed workers: 17%
- Government: 17%
- Finance and insurance: 11%
- Management of companies and enterprises: 5%
How to Become
Experience is of the greatest importance for business intelligence managers. They must also be able to demonstrate past experience in management and leadership. Furthermore, a graduate degree is commonly required, preferably in a field relating to business. Proven management and leadership skills are of the utmost importance, however.
While the majority of business intelligence managers have a bachelor’s degree at least, it is now increasingly common for a master’s to be required, particularly MBA or MS degree designation. Some also hold additional certifications, such as Certified Management Consultant (CMC). Of importance is that the degree includes courses in subjects, such as computer and information science, psychology, marketing, finance, accounting, economics, management, and business.
The CMC certification can be obtained through the Institute of Management Consultants USA (IMC USA). To obtain this, candidates must have sufficient education and experience, present reviews from clients, and pass a written examination and an interview. The examination focuses on the code of ethics as set by the IMC USA. Re-certification is required every three years.
Generally, a business intelligence manager will start at the entry level position, growing into consultancy. Some work as auditors, accountants, market research analysts, or computer systems analysts, for instance. Eventually, they then grow through internal and external promotions into the position of business intelligence manager.
Traits & Qualities
The most effective business intelligence managers have the following traits to some degree or other:
- Advanced problem solving skills
- Advanced analytical skills
- Strong knowledge of modern industry practices, such as the different measured profitability approaches
- Excellent team working skills
- Great communication skills, both oral and written
- Networking skills
The national average salary estimate for Business Intelligence Manager was $109,552. This number is estimated from over 908,624 employees, users past and present job advertisements from Indeed.com. This equates to an hourly salary of $57.06 and monthly of $9,129.
- Most Reported
Salary by State
The following section lists Business Intelligence Manager salaries in each state around the country. The figures are based on the total number of job postings through Indeed.com. For example, Hawaii had the largest quoted salary of $156,000 while South Dakota had the smallest quoted salary of $66,100.
Top 20 National Employers
According to Indeed.com, the following states had employers looking to hire a Business Intelligence Manager. The quoted salary figure represents the average salary from all job postings by this employer.
|Employer Name||Location||Average Salary|
|Gables Search Group||California||$266,714|
|Phillips Staffing Solutions||California||$237,086|
|PMG Employment Consultants||California||$237,086|
|The Pursell Group||California||$237,086|
|The Hastings Group||California||$237,086|
|Pelham Berkeley Search||Massachusetts||$202,911|
|Huxley Banking and Financial Services||Illinois||$200,000|
|RM Dayton Analytics, Ltd. Co.||New York||$196,441|
|Huxley Associates||New Jersey||$178,710|
|Generis Tek Inc.||Wisconsin||$170,000|
|Red Sky Consulting||Wisconsin||$161,986|
|Career Name||Average Salary|
|Chief Information Officer||$121,573|
|IT Security Specialist||$113,452|
|Data Warehouse Engineer||$111,007|
|Director of Sales||$108,014|