Companies across both IT and e-commerce sectors pay excellent compensation to deserving candidates who can add value to their organization. To conclude, Business Analysts have a decent pay scale in India. Noida (8.2% less), Chennai (5.2% less), and Hyderabad (4.2% less) record the lowest level salaries. For instance, Business Analysts in Pune and Bangalore earn around 17.7% and 12.9% more than the national average. Salary packages also differ considerably according to location as well. Going further, the salary increases up to Rs. 8,30,975, a Senior Business Analyst, with over 15 years of experience, can easily make Rs 12,09,787. While a Business Analyst having 5-9 years of industry experience can earn around Rs. The salary level increases as experience increases. However, the Business Analyst salary for those having 1-4 years of experience can earn an annual compensation of Rs 5,27,712. For instance, the average annual Business Analyst salary (including tips, bonus, and overtime pay) at the entry-level in IT with less than 1-year experience is around Rs 3,59,807. Generally, the salary packages for entry-level roles remain anywhere between Rs. 3,28,484 – 17,83,171, with senior-level roles earning the higher end of the salary scale. In India, the average annual salary of a Business Analyst at Amazon ranges anywhere between Rs. Salary packages of reputed e-commerce platforms like Amazon are also great. HCL, Wipro, and CSC fall on the lower end of the salary scale with the average annual salary standing around Rs. 7,04,965, Capgemini and TCS offer around Rs. While the average annual salary at Accenture is Rs. Tata Consultancy Services (TCS), Accenture, Computer Sciences Corporation (CSC), and Capgemini offer the are some of the top companies with the highest salary packages for Business Analysts. Salary scale – Popular companies in India This holds true for work experience as well – the more your experience, the higher will be your market value. Then again candidates hailing from reputed institutes/b-schools earn more than their counterparts. Usually, reputed companies like TCS, Amazon, Accenture, Deloitte, etc., pay higher salaries. The salary of a Business Analyst in India depends upon several factors like company size and reputation, job position, location, education qualifications, and experience. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career. Learn best MBA courses from the World’s top Universities. While for entry-level Business Analyst job roles, a bachelor’s degree in Business Administration/Management/Information Technology is enough, mid-level and senior-level positions often demand a master’s degree in business analytics or any other related fields. Apart from this, it is beneficial to be well-versed with the regulatory and reporting requirements. Prior experience in forecasting, budgeting, and financial analysis are highly commendable. What they need is a strong and in-depth understanding of the business domain. Defining business requirements and reporting them back to stakeholders.Īlthough a Business Analyst need not have an IT background, he/she must have a basic understanding of how IT systems function.Creating detailed business analysis and drafting problems, opportunities, and solutions for a company.They analyze what’s financially and technologically feasible for the company.Īccording to Robert Half Technology, the job description of a Business Analyst includes :.They work in close collaboration with the IT and Financial reporting teams to design and implement new business models to support the proposed business decisions and to establish initiatives/policies to improve productivity and to optimize costs.They interact with both the business partners and users to understand how data-driven changes to business processes, products/services, and software/hardware can enhance efficiencies and add value to the organization.The fundamental job responsibility of a Business Analyst is to elicit, analyze, and validate the change requirements for business processes, information systems, and policies and to communicate them with all stakeholders. What does it take to be a Business Analyst? What do Business Analysts need to know about Information Technology (IT)?.Can a Business Analyst become a Data Scientist?.Can Business Analysts freelance their services?.Salary scale – Popular companies in India.What does it take to be a Business Analyst?.