What is a Business Analyst Salary?

Last updated on: November 29, 2019

If you are interested in a business analyst salary, you are most likely planning a future career in this area. And no wonder, since this hot topic is the center of many discussions. Since the past 3 years, the demand for business analysts is rising consistently in the labor market. Thus, business analysts are getting paid quite well for their talents and skills. High salaries and perks are explained by better flexibility in thinking, a predisposition to exact sciences and, at the same time, extraordinary communication skills. For additional information check out our latest publication Why Should You Become a Business Analyst.

Below, I’ve broken down the pay evaluation of a business analyst into 5 parts:

  1. Entry-level (0-2yrs)
  2. Intermediate-level (2-4yrs)
  3. Senior-level (4-6yrs)
  4. Expert Level Business Analyst(6-8yrs)
  5. Consultant (8+ yrs)

1. Entry-level Business Analyst Salary

At entry-level, you must be aware of typical business frameworks, techniques, and the technology that allows those methodologies to function. It demands an Associate’s degree along with up to 2 years of experience in the industry. The annual salary for an entry-level business analyst is estimated at $50,264 presently.

2. Intermediate-level Business Analyst Salary

At an intermediate level, a business analyst is expected to progress further than database ideas, and business framework ideas. Also, he/she must have already worked on complex queries, and also had some opportunities to show off their skills. Nonetheless, there’s still a great distance that they’re required to cover to accomplish their future goals. They may report to a department head rather than a team lead. The annual salary at an intermediate is estimated at $75,994 presently.

3. Senior-level Business Analyst Salary

At a senior level, a Bachelor’s degree becomes quite crucial for a business analyst. So, I would highly recommend you to have one. You require 4-6 years of experience in handling business frameworks now, likewise. At a senior level, a business analyst checks, measures and evaluates explicit business arrangements and frameworks and identifies how they impact the organization and its clientele. A business analyst also becomes quite capable of achieving the position of Senior System Analyst at this level. The annual pay scale for a Senior BA is estimated at $102,947 presently.

4. Expert-level Business Analyst Salary

Here, a Bachelor’s degree becomes essential in a specific field. Also, the companies expect a minimum of 6-8 years of involvement in this industry. At the expert level, a BA identifies the goal of a project, characterizes its scope, executes a suitable plan, and instructs everyone who’s involved. The estimated yearly pay scale is presently at $100,312 for an expert level BA in the USA. 

5. Business Analyst Salary as a Consultant

BA’s with more than 8-10 years of experience in this field arrive here. A business analyst consultant checks, measures and surveys explicit business arrangements and frameworks to identify how they impact the organization. The yearly pay scale of a Business Analyst Consultant is currently estimated at $113,202 in the USA.

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What is a Business Analyst Salary?

Last updated on: November 29, 2019

If you are interested in a business analyst salary, you are most likely planning a future career in this area. And no wonder, since this hot topic is the center of many discussions. Since the past 3 years, the demand for business analysts is rising consistently in the labor market. Thus, business analysts are getting paid quite well for their talents and skills. High salaries and perks are explained by better flexibility in thinking, a predisposition to exact sciences and, at the same time, extraordinary communication skills. For additional information check out our latest publication Why Should You Become a Business Analyst.

Below, I’ve broken down the pay evaluation of a business analyst into 5 parts:

  1. Entry-level (0-2yrs)
  2. Intermediate-level (2-4yrs)
  3. Senior-level (4-6yrs)
  4. Expert Level Business Analyst(6-8yrs)
  5. Consultant (8+ yrs)

1. Entry-level Business Analyst Salary

At entry-level, you must be aware of typical business frameworks, techniques, and the technology that allows those methodologies to function. It demands an Associate’s degree along with up to 2 years of experience in the industry. The annual salary for an entry-level business analyst is estimated at $50,264 presently.

2. Intermediate-level Business Analyst Salary

At an intermediate level, a business analyst is expected to progress further than database ideas, and business framework ideas. Also, he/she must have already worked on complex queries, and also had some opportunities to show off their skills. Nonetheless, there’s still a great distance that they’re required to cover to accomplish their future goals. They may report to a department head rather than a team lead. The annual salary at an intermediate is estimated at $75,994 presently.

3. Senior-level Business Analyst Salary

At a senior level, a Bachelor’s degree becomes quite crucial for a business analyst. So, I would highly recommend you to have one. You require 4-6 years of experience in handling business frameworks now, likewise. At a senior level, a business analyst checks, measures and evaluates explicit business arrangements and frameworks and identifies how they impact the organization and its clientele. A business analyst also becomes quite capable of achieving the position of Senior System Analyst at this level. The annual pay scale for a Senior BA is estimated at $102,947 presently.

4. Expert-level Business Analyst Salary

Here, a Bachelor’s degree becomes essential in a specific field. Also, the companies expect a minimum of 6-8 years of involvement in this industry. At the expert level, a BA identifies the goal of a project, characterizes its scope, executes a suitable plan, and instructs everyone who’s involved. The estimated yearly pay scale is presently at $100,312 for an expert level BA in the USA. 

5. Business Analyst Salary as a Consultant

BA’s with more than 8-10 years of experience in this field arrive here. A business analyst consultant checks, measures and surveys explicit business arrangements and frameworks to identify how they impact the organization. The yearly pay scale of a Business Analyst Consultant is currently estimated at $113,202 in the USA.

Next Post
Project Manager’s Job Description
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