Accenture Senior Business Analyst Salary
Accenture Senior Business Analyst Salary – Accenture is a global professional services firm that provides strategic consulting, operational consulting, interactive digital consulting, and technology consulting across more than 40 industries.
They primarily compete with the Big 4 consulting firms, such as Deloitte, PwC, EY, and KPMG. And, although they are traditionally strong in technology consulting, over the past 10 years they have successfully branched into other areas of consulting.
Accenture Senior Business Analyst Salary
Accenture matches or surpasses the Big 4 consulting firms in terms of headcount and revenue. By 2021, Accenture will generate $50 billion in revenue and employ approximately 675,000 people worldwide.
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Accenture began its life as the consulting arm of accounting firm Arthur Andersen. At that time, it was called Andersen Consulting.
In fact, before collapsing in 2002 due to the Enron scandal, Arthur Anderson was considered one of the Big 5 consulting firms, alongside the Big 4 today.
In the late 1990s, Andersen Consulting sued Arthur Andersen for breach of contract and offered to sever all ties with Arthur Andersen.
And in 2000, Andersen Consulting separated from Arthur Andersen and renamed itself Accenture (a play on the word “Accent on the future”).
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They are responsible for research, analysis, Excel modeling, and building slides. They will usually work in a core team of 3-5 analysts, consultants and managers.
At Accenture, the consultant is responsible for owning the work flow within the project. They are expected to work independently and may lead one or more analysts.
A consultant role is where you start to move from “working” to “managing work”. Therefore, this role becomes a combination of both doing and reviewing.
They are responsible for managing a team of analysts and consultants, reviewing their work, and ensuring the work meets the client’s needs.
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They often manage a team that includes managers, consultants and analysts. They work closely with the MD engagement and the client to ensure that the engagement is meeting the client’s needs.
At this level, you will also be expected to play an active role in recruiting, internal training, and supporting Associate Directors and Executive Directors with business development efforts.
At Accenture, Associate Directors are involved in complex and high-profile engagements. But more than that, they spend a lot of time in customer management and business development.
Deputy director is the first level that you will have business development goals. Because of this, many co-directors begin to specialize and network in an industry or functional area.
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Accenture’s managing director is equivalent to other corporate partners. As a Managing Director, you will build deep relationships with clients and work across multiple engagements.
There are many different components that make up Accenture’s salary, depending on the role and level. The most common elements include:
If you want to compare Accenture salaries with other consulting firms, you can check our McKinsey salary database and our Deloitte salary database.
Please note, these salaries are calculated from public sources. They may be slightly outdated and only represent salaries in the United States. Through data analysis, business analysts assist companies in improving processes, products, services, and software. These agile personnel act as a bridge between IT and business, bridging gaps and improving productivity. You should always try to start a job when you know how much you will earn. According to Herzberg’s theory, a basic salary is necessary to ensure survival. As of December 29, 2021, the average business analyst salary in the United States is $78,803, however, the salary range is usually between $70,762 and $88,043. Salary ranges can vary greatly depending on many factors, including schooling, certifications, additional talents, and the number of years you have worked in your field. In this article, we’ll look at the average entry-level to senior-level salaries for business analysts in the United States, United Kingdom, and its territories.
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The amount of money you can make as a business analyst is determined by many things. These range from your previous experience with data to your business level or domain expertise, as well as more practical considerations such as your location.
We’ve used data from several salary comparison websites, including Glassdoor, Indeed, Salary.com, Salary Expert, and Payscale, to give you an estimate.
According to employment sites Glassdoor and Indeed, the average business analyst salary in the United States is $75,976 and $76,676, respectively. Meanwhile, Salary.com has it at $77,434, Payscale has it at a more conservative $61,741, and Salary Expert has it at $94,773.
While these values vary slightly, we can conclude that the average business analyst salary in the United States is around $77,000 by taking the average of these data. Note that this does not include bonuses or other employment benefits. So it is not shy! Naturally, this estimate is a broad average and does not take into account characteristics such as experience and geography. So let’s see these things next.
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If you’re an experienced business person with a background in commercial work (such as sales, IT, or management), moving into business analytics may be a natural progression. Even if you lack significant data analytics experience, your unique understanding of how companies operate will give you an advantage, potentially leading to a higher salary. Similarly, business analysts with a strong data background, such as software engineers or IT managers, should expect to earn more salaries in entry-level positions.
In this section, we look at the average salary of business analysts with different experience levels. Payscale’s salary estimates are generally conservative, so we’ll stick with them for that reason. It is better to sell less than to oversell! Just remember that if you are in the middle of salary negotiations, you may be able to go higher than these estimates.
You don’t need commercial experience or a lot of proven ability working with data to secure entry-level employment. However, you will need at least a bachelor’s degree. If your degree is not in data or statistics, you will almost certainly need certification to demonstrate that you have basic data analysis skills, such as knowledge of Python SQL, advanced Excel skills, basic statistical knowledge, and possibly an understanding of general enterprise IT. System.
According to Payscale, the first level business analyst in the United States salary is between $ 41, 000 and $ 57, 000. According to the estimates in the previous section, it may not be much. To put this in context, this is still higher than the US median personal income (about $36,000).
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At this point, you will learn big data analysis and Python, as well as polish your presentation skills. You will also hone your project management skills and learn how to become a change agent within your company.
According to Payscale, mid-level business analysts in the United States can earn between $50,000 and $67,500. At this point in your career, you will be comfortable performing tasks related to information, being thorough. Understanding of data engineering and tools such as machine learning techniques.
On the business side, you will hone your communication skills, as well as incorporate strategic planning and financial modeling into your work. You should also be very involved in the practical aspects of process engineering. Of course, specifics always depend on the job description. However, at this point, you should be able to carve out your work depending on your interests and talents. It is possible to learn for free!
Finally, Payscale estimates that experienced US business analysts can earn between $71K and $97K. You may earn a lot more if you remember that these are conservative estimates. And just adding senior at the end of that job title brings the average business analyst salary to $86K per year.
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At this time, you should have more than five years of experience and should explore into another data-related field, either by focusing on a specific business domain (such as IT or finance) or by stepping forward into it. Other data roles, such as data science. The earning potential is greater there.
Business analysts in Wyoming can expect to earn an annual salary of $111,180. Average salaries range from $49,010 to $200,000,349. In Wyoming, business analysts earn more than 96% of similar occupations. Here is a screenshot from Sokanu’s website that reflects the situation in Wyoming-
People with the business analyst job title earn an average annual salary of $102, 815. The average salary ranges from $48, 315 to $174, 899. Business analysts in Wyoming earn 64% more than professionals in similar fields.
Business analysts can expect to receive an annual salary of $ 101, 860 on average. Salary starts at $ 64, 650 and may reach $ 144, 010. Business analysts at Columbia earn more than 60% of professionals in.
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