TJM BI consultant: Complete guide to determine it
BI consultants play a crucial role in helping businesses make decisions based on data analysis and providing strategic feedback. We will highlight the parameters to take into account to calculate your TMR, as well as the average daily rates in this field.
Parameters to take into account to calculate the TMR of a BI consultant
The consultant's experience
One of the main factors in fixing one is the experience. The more years of experience and successful missions under your belt, the more you can justify a high TMR. Junior consultants usually start at a lower rate (around 350 euros per day), while senior consultants can ask for much higher rates thanks to their expertise and in-depth industry knowledge.
The consultant's level
Skill level also plays a role in defining one's TJM. A BI consultant can be a beginner, experienced, or senior. Each level has its own compensation expectations. Experienced and senior consultants, thanks to their mastery of BI tools and techniques, can charge higher rates than junior consultants.
The specificities of the mission
Each mission has its particularities that can influence your TJM. The complexity of the project, the duration, the specific skills required, and the expectations of the client are all factors that must be taken into account. The more complex the mission, the more you will be able to increase your TMR.
The certifications
Certifications in the field of business intelligence can also increase allow you to increase your TJM. Certifications from BI software providers, such as Microsoft, Oracle, or Tableau, prove your expertise and can help you negotiate a better price.
The geographical location
Geographical location plays an important role in determining the TJM. In general, consultants based in Île-de-France may require higher rates than those based in Lille or Marseille. There may be several reasons for this, the cost of living and the higher demand. In addition, businesses in large cities often have larger budgets and increased demand for this type of expert.
Average TJM for BI consultants
The most important part concerns the average TJM of BI consultants. Here is a detailed estimate based on the experience and the specificities of the mission:
- Junior consultant : The TJM for a junior BI consultant is generally around 350 euros per day. These consultants are often at the beginning of their careers, with limited experience but solid academic foundations.
- Confirmed consultant : A confirmed consultant, with several years of experience (between 2 and 5 years) and successful missions under his belt, can expect a gross salary of around 600 euros per day. They have a good command of BI tools and a good ability to manage relatively complex projects.
- Senior consultant : Senior consultants, with their extensive expertise and significant experience, can ask for a TJM of up to 900 euros per day, or even more. They are often responsible for complex and strategic projects for the company.
In general, the TJM for a BI consultant is around 600 euros per day. In terms of annual gross salary, this can be equivalent to an income of between 40,000 euros for juniors and more than 80,000 euros for the most experienced consultants.
What is a BI consultant?
A BI consultant specializes in data analysis and the implementation of solutions to help businesses make the right decisions. Their work involves collecting, processing, and analyzing data from a variety of sources to provide feedback.
The missions of a BI consultant
The missions of a BI consultant vary according to the needs of the client company, but generally include:
- Data collection and analysis : You will need to gather data from various sources, internal or external to the company. This includes extracting data from databases, ERP, CRM, or other information systems. Once the data is collected, you will need to clean it up and prepare it for analysis. This involves correcting errors, dealing with missing data, and transforming raw data into usable formats.
- The design and implementation of dashboards and reports : You will need to create interactive dashboards and detailed reports that allow decision makers to have an overview of business performance. So you'll need to use BI tools like Tableau, Power BI, or QlikView to design data visualizations that are both informative and easy to interpret so they can be shared.
- Optimizing decision-making processes : You will also need to analyze the company's decision-making processes and propose improvements based on your data analyses. The aim is to make these processes more efficient and accurate, by ensuring that decisions are based on reliable and up-to-date data.
- Training users in BI tools : It will also be necessary to train company employees in the use of BI tools. This includes creating user guides, conducting training sessions, and providing ongoing support to ensure that users can take advantage of the BI solutions put in place.
- Strategic advice based on analyzed data : Finally, you will have to give strategic recommendations based on your data analyses. This may include suggestions for improving business performance, identifying new market opportunities, optimizing costs, or other strategic actions that can have a positive impact on business results.
Training and skills to become a BI consultant
To become a BI consultant, solid training is essential.
- Bac +5 : A business, engineering, or computer science degree is often required. Specialties in project management or data analysis are particularly appreciated.
- Skills : Technical skills in data manipulation, knowledge of BI tools (such as Tableau, Power BI, QlikView), and the ability to understand and analyze business needs are essential.