Business intelligence is the management of data and advanced analytics. The salary for business intelligence is high, but varies greatly depending on the industry you are in and your level of experience.
Business intelligence professionals earned $104,200 on average in 2017.
This is according to the Bureau of Labor Statistics (BLS), which conducts an annual survey of salaries for more than 400 occupations.
The BLS data set includes information from all 50 states and the District of Columbia. For most jobs, it also includes information about geographic location and industry type.
The survey covers all types of employees, including people who are self-employed or work part time. It does not include people who are unemployed or work as unpaid internships.
Business intelligence professionals are those who collect and analyze data in order to make decisions about how an organization will operate its business. It’s a broad field that can include analysts, managers, programmers, researchers and more.
Salary for business intelligence
A person working as a Business Intelligence Analyst in Nigeria typically earns around 338,000 NGN per month. Salaries range from 165,000 NGN (lowest) to 527,000 NGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Business Intelligence Analyst salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Business Intelligence Analyst Salary Distribution in Nigeria
The median, the maximum, the minimum, and the range
- Salary RangeBusiness Intelligence Analyst salaries in Nigeria range from 165,000 NGN per month (minimum salary) to 527,000 NGN per month (maximum salary).
- Median SalaryThe median salary is 344,000 NGN per month, which means that half (50%) of people working as Business Intelligence Analyst(s) are earning less than 344,000 NGN while the other half are earning more than 344,000 NGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Business Intelligence Analyst(s) are earning less than 229,000 NGN while 75% of them are earning more than 229,000 NGN. Also from the diagram, 75% of Business Intelligence Analyst(s) are earning less than 444,000 NGN while 25% are earning more than 444,000 NGN.
Business Intelligence Analyst Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Business Intelligence Analyst salaries by experience level and this is what we found.
A Business Intelligence Analyst with less than two years of experience makes approximately 196,000 NGN per month.
While someone with an experience level between two and five years is expected to earn 252,000 NGN per month, 29% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 348,000 NGN per month, 38% more than someone with two to five years of experience.
Additionally, Business Intelligence Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 431,000 NGN per month, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 462,000 NGN per month, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 492,000 NGN per month, 7% more than people with fifteen to twenty years of experience.
Business Intelligence Analyst average salary change by experience in Nigeria
0 – 2 Years | 196,000 NGN | |
2 – 5 Years | +29% | 252,000 NGN |
5 – 10 Years | +38% | 348,000 NGN |
10 – 15 Years | +24% | 431,000 NGN |
15 – 20 Years | +7% | 462,000 NGN |
20+ Years | +7% | 492,000 NGN |
Percentage increase and decrease are relative to the previous value
Business Intelligence Analyst Salary Comparison By Education
How do education levels affect salaries?
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Business Intelligence Analyst salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Business Intelligence Analyst is 252,000 NGN per month.
While someone with a Bachelor’s Degree gets a salary of 339,000 NGN per month, 34% more than someone having a Certificate or Diploma degree.
A Master’s Degree gets its holder an average salary of 520,000 NGN per month, 53% more than someone with a Bachelor’s Degree.
Business Intelligence Analyst average salary difference by education level in Nigeria
Certificate or Diploma | 252,000 NGN | |
Bachelor’s Degree | +34% | 339,000 NGN |
Master’s Degree | +53% | 520,000 NGN |
Percentage increase and decrease are relative to the previous value