What Can You Do With This Major?
Business Intelligence majors are well-prepared for a variety of positions involving computation or analysis within business environments. Positions like database or data warehouse administrators, developers, or programmers in areas such as banking, marketing, health care are possible, as well as unique areas such as sports, academics, or aerospace consulting.
Some of the jobs that Business Intelligence degree recipients can do are:
- Database administrator
- Data warehouse administrator
- Business intelligence analyst
- Statistical programmer
- Market researcher
Nationwide demand for BI professionals is verified in several prominent business resources:
As indicated by MarketsandMarkets, a market research firm, the global Big Data market will reach $46.34 billion by 2018.
The IT Journal, InformationWeek, wrote a report from Pringle and Company, Company, a technology research firm, that "the market for services provided by business and technology consultancies to develop and implement the systems required to generate data insights, is growing at a compound annual rate of more than 15%. The global market for these services will almost double over the next four years, from an estimated $54.5 billion in 2012 to $96.9 billion in 2016."
A report by McKinsey Global Institute indicates, "There will be a shortage of talent necessary for organizations to take advantage of big data. By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills as well as 1.5 million managers and analysts with the know-how to use the analysis of big data to make effective decisions."
As per the 2012 white paper published by IBM called "Fast Track to the Future," a survey of 1200 technology decision makers indicated that "Across the entire sample, the top barrier blocking the adoption of analytics is having too few people with knowledge that spans a broad range of IT and business disciplines."