Business Intelligence Manager Job Description, Skills, and Salary
Get to know about the duties, responsibilities, qualifications, and skills requirements of a Business intelligence (BI) manager. You can use our job description template in this article to produce your own. We also provide you with information about the salary you can earn as a Business intelligence (BI) manager.
Who is a Business Intelligence Manager?
A Business intelligence (BI) manager is an employee who oversees the creation and maintenance of data-driven insights for an organization’s decision-making. They work with a team of analysts to collect, organize, and analyze enormous amounts of data to produce reports and other visualizations that impact corporate strategy.
Business intelligence managers create and maintain dashboards and reports that managers and executives can use to track essential performance indicators.
Moreso, a business intelligence manager, is responsible for training and managing a team of business intelligence analysts and developing or enhancing the procedures employed by their team to ensure that they are performing effectively and producing high-quality outcomes.
Business Intelligence Manager Job Description
Below are the Business intelligence (BI) manager job description examples you can use to develop your resume or write a job description for your employee. Employers can also use it to sieve out job seekers when choosing candidates for interviews.
The duties and responsibilities of a business intelligence manager include the following:
- Creating data-driven reports and presentations that promote business Intelligence services.
- Using technology suppliers to ensure compatibility of new systems with legacy systems.
- Developing goals, objectives, and plans of action with senior management to use BI tools to improve business performance.
- Recommending changes to current business intelligence procedures or guidelines to increase effectiveness.
- Creating reports to monitor crucial parameters such as inventory levels or client happiness.
- Working with vendors to implement new tools or systems as required.
- Monitoring market trends to identify future issues or business possibilities.
- Gaining knowledge of the needs and goals of the company.
- Designing and implementing data solutions that help the company make better decisions, enhance operations, and maximize performance.
- Working with stakeholders from across the organization to identify possibilities for harnessing data to produce business value,
- Supervising the development and maintenance of data warehouses, ETL processes, and other data infrastructure components to ensure high performance, dependability, and availability.
- Managing a team of engineers and data analysts, providing guidance and support to help them grow their careers and meet company goals.
- Developing and executing reporting and analytics programmes that provide corporate users with insightful data.
- Considering patterns, correlations, and trends when analyzing data to support business decisions.
- Using SQL queries to extract data from databases for reporting and analysis.
- Using data visualizations to communicate complex information easily.
- Maintaining financial control on BI and ensuring that resources are utilized effectively.
- Keeping up with the newest market developments and industry best practices for data management, warehousing, and business intelligence.
Business intelligence Managers have the following qualifications
- Bachelor’s degree in business, computer science, information technology, or a related field.
- In-depth Knowledge and expertise in managing a team of analysts.
- Proficiency in Excel, SQL, and other data analysis tools.
- Superior proficiency in statistical techniques and modeling.
- The ability to develop novel solutions for challenging problems.
- Outstanding communication, presentation, and project management skills.
- Knowledge of data visualization tools like Tableau, QlikView, or Power BI.
- Experience with big data platforms like Hadoop, MapReduce, and NoSQL databases.
- 7 to 10 years of experience or more in data analysis, business intelligence, or a related profession.
To remain relevant in this career path, business intelligence managers require the following skills:
- Data Analysis
Business intelligence managers should be proficient in sifting through enormous amounts of data to identify patterns, trends, and other important information. Furthermore, Business intelligence managers utilize their data analysis skills to review and interpret data from numerous sources, including enormous data sets, to identify information that is helpful to their organization. They also employ data analysis to identify potential growth areas for their firm and make data-driven decisions.
- Effective Communication Skills
Business intelligence managers work with different types of people and organizations, such as employees, clients, and other stakeholders. Therefore, effective communication is essential for a business intelligence manager’s capacity to work together on establishing strategies and solutions. It also gives the business intelligence manager the ability to counsel and direct the team.
- Critical Thinking
Critical thinking entails analyzing a situation and selecting the best course of action. Business intelligence managers use their necessary thinking abilities to decide what information to obtain, how to gather it, and how to convey it to their organization.
- Ability to Resolve problems
Business intelligence managers usually work with other managers and executives to identify issues and provide solutions. For example, a marketing manager and a business intelligence manager may work jointly to determine the reasons for a company’s dwindling sales and devise joint remedies.
- Project Management Skill
Business intelligence managers oversee the execution of a business intelligence project; therefore, project management is an essential skill for all business intelligence managers. Project management skills include creating a project plan, assigning tasks to team members, monitoring the project’s progress, and determining its success.
- ETL Skills
ETL stands for extract, transform, and load. It explains how to extract data from one system, convert it into a format that another system can use, and then load it into the second system.
Business intelligence managers typically utilize ETL tools to prepare data for analysis by other software programs. They also monitor the effectiveness of these methods and address any issues that arise.
- Organization Skills
You can simultaneously keep records for many projects as a business intelligence manager. Excellent organizational skills will help you control files, records, and other information, remain on top of your responsibilities, and ensure that the relevant information is available.
A business intelligence manager needs to be skilled with software such as SAS. This tool allows you to analyze data and generate reports that other corporate departments can use. Understanding the functionality of this software is essential since you might have to instruct others on how to use it.
Business intelligence managers can use a software programme like tableau to visualize data. These experts need to be knowledgeable about Tableau to analyze and understand data successfully. Additionally, being able to do this will be helpful if they need to instruct other staff members on how to utilize the tool.
- Database Management Skill
Data warehousing is the process of organizing and storing data for later use. Business intelligence managers need to know how to collect, store, and retrieve data from a data warehouse to analyze it efficiently. In addition, data warehousing is creating a database that enables quick searches for particular information.
Python is a programming language that allows for the automation of operations and scripts. For example, business intelligence managers can use Python to build automated systems for data analysis, which will speed up and improve the quality of their work. Business intelligence managers may also use Python when creating or modifying machine learning models, which require coding.
- Decision-making skill
Business intelligence managers must choose how to use the needed data. For example, they may select the most critical data sources, valuable analyses, and the types of data required. They must also choose how to convey their findings so that others would be able to comprehend them. For example, a business intelligence manager may decide between writing a report, creating an infographic, or creating a film.
Business intelligence analysts should be able to motivate and guide a team of individuals working with them. Business intelligence managers often have a strong sense of leadership because they control teams of data analysts. Effective business intelligence managers may delegate tasks, establish goals, and motivate staff to produce their best work. In addition, they know when to offer honest criticism and praise.
SQL is a programming language used for database management. Business intelligence managers typically use SQL to query data from their organization’s database to analyze the data they get. Understanding SQL help business intelligence managers understand how businesses use their data and what types of reports they should request from the IT staff.
How to Become a Business Intelligence Manager
To become a business intelligence manager, follow the steps:
- Step 1: Get your bachelor’s degree in business administration, computer science, or a similar subject.
The first step toward becoming a business intelligence analyst is obtaining a degree. A bachelor’s degree is the minimum educational requirement for business intelligence analyst positions. These degrees include computer science, information systems, data analytics, and business administration.
As you pursue your degree, consider enrolling in electives to help you expand your knowledge and abilities in statistics, database management, software development, and project management. This might help you comprehend the methodologies and tools used by business intelligence managers.
- Step 2: Gain familiarity with databases and data analysis
Although a bachelor’s degree is the minimum required for this profession, many employers favor applicants with database and data analytic experience. Consider volunteering or an internship at a company that uses business intelligence software to obtain experience utilizing it in the real world. You can also volunteer or take a part-time job at a database management or analytics department to learn more about how databases are managed.
- Step 3: Be knowledgeable with statistical methods for data analysis
Business intelligence managers use statistical methods to analyze data and identify trends. The ability to comprehend the results of your research, choose the course of action a company should take in light of those results, and successfully communicate your conclusions to others can all be aided by having a solid understanding of statistics.
Some basic statistical concepts that business intelligence managers may need to be aware of include descriptive statistics, inferential statistics, regression analysis, forecasting, and sampling. Consider enrolling in an online course or reading a book to learn about these concepts.
- Step 4: Learn how to use business intelligence tools.
Business intelligence managers use various software programs in their work. They have more experience with standard business intelligence software products like reporting and data visualization. Business intelligence managers with experience using a particular piece of software are more likely to be hired by employees in any organization.
Knowing the most popular business intelligence software programmes, including Tableau, Microstrategy, Microsoft Power BI, IBM Cognos, and SAS, can be helpful. In addition, consider reading books or enrolling in online classes to learn how to use these technologies.
- Step 5: Develop communication skills
Business intelligence managers communicate with various people at work, including managers, executives, and other IT professionals. Strong communication skills help Business intelligence managers to communicate information to each of these groups efficiently. Your presentation skill is a further area where experience can assist you in becoming a business intelligence manager because you regularly present data findings at conferences or meetings
- Step 6: Consider earning an MBA with an information systems concentration
Even though a master’s degree in this field is not required for this employment, many business intelligence managers hold an MBA with an information systems concentration. An MBA can help you gain the skills necessary to work with enormous amounts of data and understand how it connects to a company’s broader strategy and goals.
An MBA program will give you more in-depth knowledge of accounting, marketing, economics, and organizational behavior.
- Step 7: Stay current with technological and industry developments
Business intelligence managers must keep up with new advances because technology is constantly developing. For instance, new tools and features are routinely added to databases and data analysis software.
Business intelligence managers should be aware of any changes in market trends that could impact how they execute their duties. For instance, if a company’s revenues have been falling over the past few years, business intelligence managers may need to adjust their reports to reflect this.
Where to Work as a Business Intelligence Manager
Business intelligence managers are employed by various organizations, including businesses, governmental organizations, and consultancy firms. They frequently work full-time and occasionally put in extra hours when required to meet deadlines, attend meetings, or participate in training sessions. Business intelligence managers sometimes travel to conferences or clients’ offices. Large organizations may offer business intelligence managers more opportunities to travel than can smaller ones.
Business Intelligence Manager Salary Scale
Business intelligence managers with 1-4 years of experience can expect an average yearly income of $90,621 in their early career. An experienced business intelligence manager makes, on average, $105,220 per year in their mid-career. A business intelligence manager with 10 to 19 years of experience can expect an average income of $115,663. In addition, business intelligence managers are paid differently depending on their level of education, years of experience, company size, and industry.