If you’re considering a career as a business intelligence analyst, you might be curious about the business analyst salary. A business intelligence analyst, also referred to as a BI analyst, utilizes data and other information to help businesses in making effective business decisions. Hence, The Business Intelligence Analyst Salary ranges from $84,858 to $139,24 in Canada.
Therefore, if you are willing to become a Business Intelligence Analyst in Canada. Then, understanding Business Intelligence Analyst salary is not only important for career planning, but it also provides helpful information about the sector’s pay structure.
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Business Intelligence Analysts: What are They?
A business intelligence analyst conducts data analysis in order to provide financial and market intelligence reports. Hence, these reports identify patterns and trends in a particular sector that could have an impact on an organization’s activities and objectives.
Business Intelligence Analyst Salary
The average Business Intelligence Analyst Salary is around $80,979 per year or $59.13 per hour in Canada. While the senior business intelligence analyst salary is around $85,995 per year or $37.16 per hour.
Canadian’s Cities with The Highest Business Intelligence Analyst Salary
Therefore, here the list of Business Intelligence Analyst Salary by provinces:
| S. No. | Provinces | Average Salary(per year) |
| 1. | Toronto, ON | $108,525 |
| 2. | Edmonton, AB | $88,929 |
| 3. | Mississauga, ON | $84,006 |
| 4. | Greater Napanee, ON | $83,905 |
| 5. | Ottawa, ON | $82,369 |
| 6. | Montreal, QC | $82,295 |
| 7. | Thornhill, ON | $82,000 |
| 8. | Calgary, AB | $75,157 |
| 9. | Vancouver, BC | $60,089 |
Roles & Responsibility of Business Intelligence Analyst
Business Intelligence Analyst salary also depends on how many roles and responsibilities they hold. Hence, the key roles and responsibilities of business intelligence analyst are:
- Gathering and evaluating organizational data, such as financial, employment, expenses, and revenue reports
- Organizing information about reported issues and offering solutions to improve process efficiency and system performance
- Conducting cost-benefit analysis on projects with the objective of improving the organization’s performance
- Creating improvements while working with management and team members
- Evaluating the impact of implemented strategies
- Working with teams to determine the resources, individuals, equipment, and facilities that necessary
- To identify strategic goals, consult with the appropriate stakeholders and management
- Developing interactive reports and presentations to effectively communicate facts to a variety of audiences
Skills Required for a Career as a Business Intelligence Analyst
Individuals who want to be a business intelligence analyst will need a diverse set of skills, including interpersonal skills, analytical skills, and technological skills. Therefore, the following are common skills for business intelligence analysts:
- Understanding of the program and methodology for data collecting
- Knowledge of integrating software and programs into data services
- Knowledge of data modeling principles, data extraction techniques, and data storage layout
- With expertise in SQL, Python, Tableau, and Hadoop
- Knowledge of business administration and database management
- Outstanding problem-solving and critical thinking skills
- Excellent communication skills, both in writing and speaking
- Strong familiarity with data protection and privacy laws
What can we expect in the future for business intelligence analysts?
Future of business intelligence analysts: The demand for business intelligence analysts is rising rapidly. By 2027, the demand for business intelligence analysts is anticipated to increase by 23%.
Therefore, the future of business intelligence analysts is very bright in Canada. If you have the appropriate skills, expertise, and enthusiasm for problem-solving, you will be able to stand out in this competitive yet growing job market.
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Frequently Asked Questions
ANS: Business Intelligence Analysts are in high demand due to the need for good analytical skills in almost all businesses.
ANS: Yes, there are numerous opportunities for improvement in business intelligence analysis. With experience and new skills, you can advance to higher-paying positions.
ANS: Regions with strong demand for Business Analysts, particularly in tech or finance hubs, often pay more. High-cost cities generally offer higher compensation to offset expenses. If you are living or working in high-tech cities, then you will get a hike in salary according to high wages.
ANS: The average salary of business intelligence analysts is around $80,979 per year in Canada.
ANS: A BI analyst evaluating large amounts of data within an organization in order to make suggestions for business growth and improvement.
