Business Analyst Salaries

Business Analysts play a crucial role in helping organizations understand their data and make informed decisions. Their salary reflects the importance of their work and the skills they bring to the table. The average yearly salary for a Business Analyst is around $92,718. However, salaries can vary based on experience and location.

Entry-level positions start at approximately $48,000. As professionals gain experience, they can expect their salaries to increase steadily. For example, someone with a few years of experience might earn around $58,273, while those with more expertise can make $68,545.

Experienced Business Analysts can earn even more. Salaries can reach $78,818 or higher for those who have established themselves in the field. Senior Business Analysts can earn upwards of $99,364, and top earners can make as much as $161,000. This wide salary range shows the potential for growth and advancement within this career.

Overall, pursuing a career as a Business Analyst offers not only a competitive salary but also opportunities for professional development and advancement within the industry.

1. San Francisco, CA
   Average Salary: $118,339
   Working as an analyst in San Francisco offers exciting opportunities in tech and finance. Companies like Salesforce and Wells Fargo constantly seek skilled professionals to help drive their business strategies.
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2. San Jose, CA
   Average Salary: $114,876
   In San Jose, you will find yourself at the heart of Silicon Valley. Leading tech firms like Cisco and Adobe look for talented individuals to analyze data and improve processes.
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3. Hartford, CT
   Average Salary: $107,257
   Hartford is an excellent place for analysts, especially in the insurance and healthcare sectors. Top companies like Aetna and Travelers Insurance are always on the lookout for individuals who can help them make data-driven decisions.
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4. Tucson, AZ
   Average Salary: $105,086
   Tucson offers a growing market for analysts with a mix of industries such as education and technology. Companies like Raytheon are open to hiring those who can strategically assess data to enhance their projects.
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5. Stockton, CA
   Average Salary: $104,328
   In Stockton, you can find diverse opportunities across various sectors, including shipping and agriculture. Local businesses appreciate analysts who can offer insights to optimize operations.
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6. Springfield, MA
   Average Salary: $102,944
   Springfield has a range of businesses, from education to health services. Analysts in this city play a vital role in helping organizations improve efficiency and make better decisions.
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7. Stamford, CT
   Average Salary: $102,738
   Stamford hosts numerous financial firms and media companies that seek analysts to navigate complex data landscapes. You can grow your career with industry leaders like UBS and NBC Sports.
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8. Worcester, MA
   Average Salary: $99,845
   Worcester offers analysts opportunities in healthcare, education, and manufacturing. Companies like UMass Memorial Healthcare value professionals who can analyze trends to improve their services.
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9. Springfield, IL
   Average Salary: $99,688
   Springfield's job market is vibrant, especially for those in the public sector and healthcare. Analysts help local government and healthcare providers make informed decisions based on data.
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10. Rochester, MN
    Average Salary: $98,566
    Rochester is home to the renowned Mayo Clinic, making it an excellent place for healthcare analysts. You will work on meaningful projects that impact patient care and health outcomes.
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1. EY
   Average Salary: $186,631
   EY offers competitive salaries for Business Analysts, averaging $186,631. They operate in various locations, including major cities like New York, Chicago, and San Francisco. Analysts work with diverse clients, tackling complex business challenges.
   




2. PwC
   Average Salary: $166,000
   Business Analysts at PwC can expect to earn around $166,000 on average. This global firm operates in many cities, enabling Analysts to engage in exciting projects across industries in places like Boston, Los Angeles, and Washington D.C.
   




3. TikTok
   Average Salary: $163,151
   At TikTok, Business Analysts earn an average salary of $163,151. The company focuses on innovation and rapid growth, with opportunities available in tech hubs like San Francisco and Los Angeles.
   




4. Apple
   Average Salary: $159,600
   Apple pays its Business Analysts an average of $159,600. Analysts contribute to projects in a creative environment and can work at their headquarters in Cupertino, California, or other locations around the world.
   




5. Intuit
   Average Salary: $157,267
   Intuit offers Business Analysts an average salary of $157,267. The company, known for its financial software, has offices in cities like Mountain View and San Diego, providing a dynamic setting for Analysts.
   




6. Wells Fargo
   Average Salary: $155,155
   Wells Fargo provides Business Analysts with an average salary of $155,155. Analysts work in a well-established banking environment, with opportunities in locations such as Charlotte, Minneapolis, and San Francisco.
   




7. McKesson
   Average Salary: $147,891
   Business Analysts at McKesson earn about $147,891. The company, which plays a key role in healthcare supply chains, has offices in various locations including San Francisco and Richmond, making a direct impact on health services.
   




8. AES Corporation
   Average Salary: $145,831
   AES Corporation offers an average salary of $145,831 for Business Analysts. The firm operates in the energy sector, with locations around the globe, allowing Analysts to work on vital sustainability projects.
   




9. Pacific Gas and Electric
   Average Salary: $140,190
   At Pacific Gas and Electric, Business Analysts receive an average salary of $140,190. The company focuses on providing energy to millions in Northern and Central California, offering a meaningful role for Analysts.
   




10. Citi
    Average Salary: $139,965
    Citi pays Business Analysts an average of $139,965. Analysts work in the finance industry, with opportunities in major cities like New York and London, contributing to the firm's global strategies.
    

To increase your earnings as a Business Analyst, focus on these key factors:

1. Gain Relevant Certifications: Obtain certifications like Certified Business Analysis Professional (CBAP) or Agile Analysis Certification (IIBA-AAC). These can make you more attractive to employers and lead to higher pay.
2. Enhance Your Skills: Learn new tools and techniques in data analysis, project management, or software development. Skills in popular programming languages like SQL or Python can boost your value.
3. Network Effectively: Connect with professionals in your field. Attend industry events and engage in online communities. Networking can lead to job opportunities that offer better salaries.
4. Seek Advanced Job Roles: Aim for positions like Senior Business Analyst or Product Owner. These roles often bring higher pay and more responsibilities.
5. Negotiate Your Salary: When receiving job offers, don’t hesitate to negotiate. Research salary ranges for your role and location to ensure you receive fair compensation.