Salary of a Business Analyst

A Business Analyst is a Data Science professional who analyzes and forecasts business trends, understands and analyzes business strategies, and performs budgeting and financial analysis of the business. If you are aiming for the role of a Business Analyst and want to know how much you can earn as a Business Analyst, this article is for you. In this article, I will take you through the salary of a Business Analyst in India and the United States based on experience.

Salary of a Business Analyst

Work Experience: Less than 1 Year

When your work experience is less than a year, you work as a junior Business Analyst. Some companies can afford to pay you a high salary, but most companies pay low to freshers.

Here’s the salary of a Business Analyst in India with a working experience of less than a year:

1. Average of all salaries reported: ₹5,00,000/yr
2. Highest salary reported: ₹10,00,000/yr

Now here’s the salary of a Business Analyst in the United States with a working experience of less than a year:

1. Average of all salaries reported: $71,800/yr
2. Highest salary reported: $89,000/yr

Work Experience: 1 to 5 Years

When you have a working experience of more than a year, you become ready to solve the actual business problems of a company with your skills and experience as a Business Analyst.

Here’s the salary of a Business Analyst in India with a working experience of 1 to 5 years:

1. Average of all salaries reported: ₹6,00,000/yr
2. Highest salary reported: ₹11,50,000/yr

Now, here’s the salary of a Business Analyst in the United States with a working experience of 1 to 5 years:

1. Average of all salaries reported: $75,000/yr
2. Highest salary reported: $1,00,000/yr

Work Experience: 6 to 14 Years

At this stage, you become an experienced professional. Your responsibilities increase, and you also get responsibilities to guide and manage junior analysts.

Here’s the salary of a Business Analyst in India with a working experience of 6 to 14 years:

1. Average of all salaries reported: ₹9,60,000/yr
2. Highest salary reported: ₹18,00,000/yr

Now, here’s the salary of a Business Analyst in the United States with a working experience of 6 to 14 years:

1. Average of all salaries reported: $85,000/yr
2. Highest salary reported: $1,15,000/yr

Summary

So these were the salary insights of Business Analysts working in India and the United States. The information about the salaries is collected from LinkedIn. I hope you liked this article on the salary of a Business Analyst in India and the United States based on working experience. Feel free to ask valuable questions in the comments section below.