Now is a great time to look into business intelligence degrees. Why are we so sure? For one thing, the number of job openings is skyrocketing. There were over 4,524 job openings listed at the start of 2018 alone.
Oh, and the pay is nothing to scoff at. Glassdoor calculated the median base salary for data scientists at $110,000 last year. And they listed “data scientist” as the best job in America by Glassdoor for three years in a row.
The future for professionals with business intelligence degrees is looking bright.
Today, businesses gather large amounts of data through technology and the internet. They are often faced with endless amounts of information to sort through and analyze.
Without data analysts, all that information goes to waste. Businesses can’t fill their analyst positions fast enough. Not only are their plenty of job opportunities in the field, but they’re paid well. If you enjoy sift through and analyzing loads of data, then consider starting one of the many business intelligence programs out there.
We’ve searched through business intelligence schools to find you the top 5 online business intelligence degrees. The best part is they’re all available online and so you can get your degree anywhere.
So put your analytical thinking cap on and join us for some data mining!
Business Intelligence Degrees: The Basics
Before we dive into the many business intelligence programs, let’s cover some basics, such as what is business intelligence?
It’s difficult to cover business intelligence in detail here. In short, business intelligence analysts use computer software to gather a business’ internal and external data to create useful reports. These are used by the company’s employees for decision-making purposes.
Business intelligence and business analytics are sometimes used interchangeably. Both are part of the process of analyzing data, but there are major differences.
Business intelligence creates a clear summary of historical data and determines the source of an issue while business analytics uses predictive modeling to make future predictions and then offers a solution.
Both are vital to becoming a successful data scientist.
So what are the best business intelligence degrees? Let’s dive in!
1. Data Science
A career as a data scientist is the most common business intelligence job title and it boasts a wide range of duties and responsibilities related to the business intelligence field.
Data scientists can have many specializations including in the tech sector or financial consulting. Either way, a degree in data science will set you up for a career with some of the highest salaries in the field.
At business intelligence schools, you’ll be able to study statistics, computer sciences, and mathematical modeling extensively, with additional knowledge in engineering and economics.
Be prepared to combine these skills with translating raw data into ways to apply your findings in real life.
2. Business Information Management Systems
Having a career as a business intelligence analyst isn’t all about crunching numbers. You’ll take data and use it to draw a strategic plan, which requires a business mindset.
Your career in business intelligence may lead to managing teams and projects. This uses skills outside the study of statistics and mathematical equations.
A well-rounded degree like Business Information Management Systems leaves room for growth and promotion as a business intelligence developer or analyst.
This degree can offer a focus on the intelligence analysis of terrorism and counterterrorism, with career opportunities and skills in military intelligence as well as cyberintelligence.
3. Business Intelligence Analytics or Data Analytics
Data Analytic majors are one of the most sought after of all the technical fields, with many starting salaries in the six-figure range.
Similar to a data science degree, data analytics programs offer courses in computer science and statistics. Students learn how to manage large datasets by collecting, organizing, and analyzing information.
The final key component to data analytics, or any of the business intelligence degrees, is its additional focus on communication. Presenting your findings to others in a clear way is an important skill to have in this career.
After all, your goal as a data scientist or business intelligence analyst is to help businesses make smarter decisions.
4. Applied Data Analytics and Visualization
Analyzing data can be a challenge when there is a ton of information and no simple way to understand it all.
A degree like Applied Data Analytics and Visualization teaches you how to make a plan using software and business intelligence tools.
As a business intelligence analyst, you will put systems in place that can process large amounts of data. This degree shows students how to put these systems in place using software. Then you will learn how to “clean” the data to find the helpful information within.
You’ll gain a big picture view of working with tons of data in a smart way. This will help you get a career in areas such as consulting firms, government agencies, and a wide range of other corporations.
5. Computer Information Systems
Many of people working as business intelligence developers today have degrees in computer science and statistics. This is because business intelligence positions rely on computer software to work well.
A degree in Computer Information Systems, or a similar major, takes a data analytics approach with an IT angle. This degree focuses more on businesses’ computer software and systems.
This degree includes coursework in data analytics as well as information security and assurance or health information systems. This combination is a great option in a technology-driven corporate world that continues to grow.
The Next Level of Business Intelligence Degrees
Earning your Bachelors of Science in one of these business intelligence degrees is just the start of your career. Many business intelligence schools offer graduate programs in similar fields.
Many business majors who hold one of these degrees at the graduate level earn $20,000 to $32,000 more than those at the undergraduate level.
Don’t stop there.
Ready to dive into the business intelligence field? Then we’ve got a mountain of information that sorted just for you.
Discover your successful career in business intelligence today!