Business Analysts enjoy a rewarding career with competitive salaries. The average yearly salary for a Business Analyst is around $91,527. This figure reflects the demand for their skills in the job market.
The salary range varies significantly based on experience and skills. Starting salaries begin at approximately $47,768 for entry-level positions. As Business Analysts gain more experience, their earnings can increase substantially. For those with several years in the field, salaries can reach around $157,200.
Here is a closer look at the salary distribution:
- 5% earn approximately $47,768
- 10.6% earn about $57,716
- 15.1% earn roughly $67,665
- 17% earn around $77,613
- 15.4% earn about $87,561
- 11.1% earn roughly $97,510
- 7.6% earn around $107,458
- 6.1% earn about $117,407
- 3.5% earn roughly $127,355
- 2.1% earn around $137,303
- 1.4% earn approximately $147,252
- 1.0% earn about $157,200
This salary progression shows a strong potential for career growth. With continued learning and skill development, Business Analysts can expect their earnings to rise as they advance in their careers.
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San Francisco, CA
Average Salary: $117,574
San Francisco offers many opportunities for professionals in analysis roles. The city is home to tech giants like Salesforce and Twitter, which value data-driven insights to drive their business strategies.
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San Jose, CA
Average Salary: $113,381
In San Jose, you can thrive in a vibrant tech landscape that includes companies like Adobe and Cisco. The region focuses on innovation, and your skills can help shape the future of technology.
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Springfield, MA
Average Salary: $106,300
Springfield provides a supportive environment for analysts with its growing businesses and non-profits. Companies in finance and healthcare often seek skilled professionals to help improve their operations.
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Hartford, CT
Average Salary: $105,165
Hartford stands out for those in analytical roles, especially in the insurance and finance sectors. Leading companies like Aetna and The Hartford regularly search for talented individuals to enhance their data strategies.
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Stockton, CA
Average Salary: $101,228
In Stockton, a diverse range of industries offers new opportunities for analytical professionals. The growth in logistics and agriculture creates a demand for skilled individuals to provide insights and improve efficiency.
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Stamford, CT
Average Salary: $100,621
Stamford is a hub for finance and media, with big names such as UBS and NBCUniversal. The city welcomes talented analysts who can contribute to strategic decision-making and data management.
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Albany, NY
Average Salary: $99,144
Albany features a mix of government, education, and healthcare sectors that value analytical skills. Your expertise can greatly impact the effectiveness of local organizations and drive community improvements.
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Springfield, IL
Average Salary: $98,612
Springfield's economy, driven by government and healthcare, offers unique opportunities for analysts. As a key player in these sectors, you can help streamline processes and enhance decision-making.
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Worcester, MA
Average Salary: $98,140
Worcester's developing economy is open to professionals with analytical skills, especially in healthcare and education. Your role can help businesses leverage data for better outcomes.
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Rochester, MN
Average Salary: $97,524
Rochester shines with its focus on healthcare, particularly with the presence of the Mayo Clinic. Analysts play a crucial role in improving patient care and operational efficiency in this vibrant community.
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EY
Average Salary: $186,631
At EY, Business Analysts play a vital role in shaping solutions for clients across various industries. The company operates in major cities like New York and San Francisco.
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PwC
Average Salary: $166,000
PwC offers Business Analysts opportunities to work on diverse projects that impact businesses worldwide. Key locations include Chicago and Los Angeles.
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TikTok
Average Salary: $165,347
TikTok provides a dynamic environment for Business Analysts. They help enhance user experiences on the platform, with significant roles based in Los Angeles.
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Apple
Average Salary: $158,831
At Apple, Business Analysts contribute to innovative product developments and business strategies. The company has a strong presence in Cupertino and Austin.
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Wells Fargo
Average Salary: $155,084
Wells Fargo Business Analysts work to improve financial services and customer experiences. The company operates mainly in San Francisco and Charlotte.
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Global Resources, LLC
Average Salary: $153,500
Global Resources, LLC employs Business Analysts to consult on various projects. They have locations in several key markets across the U.S.
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AES Corporation
Average Salary: $145,831
Business Analysts at AES Corporation focus on energy solutions and sustainability projects. The company has operations in urban areas like Arlington and Indianapolis.
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Intuit
Average Salary: $145,576
At Intuit, Business Analysts are critical in developing financial software solutions. Major offices are located in Mountain View and San Diego.
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Computer Consultants International, Inc. (CCI)
Average Salary: $142,227
CCI employs Business Analysts to provide IT consulting services across various sectors. They operate in multiple locations across the U.S.
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San Francisco Department of Public Health
Average Salary: $140,476
Business Analysts with the San Francisco Department of Public Health work on improving community health programs. They focus on initiatives based in San Francisco.
As a Business Analyst, you have many opportunities to increase your earnings. Focus on the following factors to boost your income:
- Gain Relevant Certifications: Earning certifications, like CBAP or PMI-PBA, enhances your skills and shows employers your commitment.
- Develop Technical Skills: Learning tools like SQL, Tableau, or Python makes you a more valuable candidate. Employers often pay more for candidates with these skills.
- Network Effectively: Build strong relationships with professionals in your industry. Attending conferences and joining online groups can lead to job opportunities and higher salaries.
- Gain Industry Knowledge: Specializing in a specific industry, like finance or healthcare, helps you understand unique challenges. Experts in niche markets often command higher salaries.
- Seek Leadership Roles: Look for opportunities to lead projects or teams. Positions with more responsibility typically offer better pay and career growth.
By focusing on these areas, you can enhance your career as a Business Analyst and earn more in your profession.