Business Analyst Nyc Salary
Business Analyst Nyc Salary – Business analysts are the driving force behind new ventures that practice decision-making and problem-solving. Essentially, the role of the business analyst is to bridge the gap between IT and the organization’s business operations. They use data analysis to identify business requirements, evaluate processes, and provide recommendations and reports to relevant stakeholders.
Ideally, Business Analysts collaborate with business leaders to understand how data-driven decisions can improve performance. These variables can be applied to processes, products and services, software, and hardware to add value. Finally, they carry out technical and economic feasibility studies.
Business Analyst Nyc Salary
Business analysts generally report to project managers. Key responsibilities include requirements analysis, implementation and documentation, and acceptance-testing. A natural analytical mind and the ability to explain technical concepts to technical users are the keys to success as a business analyst.
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Like any other job role, the salary of a business analyst depends on many factors such as company size, reputation, location, work experience, and educational background. Companies like TCS, Amazon, Accenture, or Deloitte pay high salaries. The more work experience you have, the better your market will be. Keep in mind that due to these changes, there is a possibility of salary adjustment.
The average salary of a business analyst in India is ₹12,612,656 per year. The average salary for a business analyst in the United States is $70,489 per year.
If you would like to learn more about salary trends as a business analyst in the next 5-10 years and compare your salary to your peers, check out Salary Builder and gain valuable insight.
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Depending on your years of experience, the average salary of a business analyst may be between 3, 50, 000-5, 00, 000. The lower end is the entry level salary with less than one year of work experience. , and at the top end is the salary for those with 1-4 years of experience.
As your experience increases over time, your income increases. A business analyst with 5-9 years of industry experience can earn up to 8 Thousand per year. As a Senior Business Analyst with 15 years of experience earning around 12 Million per year.
Consider TCS, Accenture, Computer Science Corporation, and Capgemini as some of the top companies that offer high salaries for business analysts.
HCL, Wipro, and CSC are at the lower end of the salary spectrum and offer similar packages.
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Companies like Amazon are also a great place to work, the average salary is between INR 3, 28, 484- 17, 83, 171 depending on your experience and background.
The companies mentioned above are some of the top companies that offer the highest salaries for business analysts in the United States.
The companies mentioned above are some of the companies that are in the lowest salary range and offer a similar package.
Your location plays a big role in compensation. A business analyst in Bangalore or Pune earns about 12.9% and 17.7% more than the national average. Hyderabad (4.2% down), Noida (8.2% down), Chennai (5.2% down).
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A typical day in the life of a business analyst can have many different tasks based on many factors such as the stage of the project they are working on. Again, some days focus more on research, some days include more meetings and interactions, and some go into action and implement changes in processes, products, etc.
To become a business analyst the primary educational qualification is a degree, and post-graduation is an added benefit. Professionals with strong analytical, problem solving, communication, people, and team management skills should definitely consider a career as a business analyst. Technical skills vary based on user and industry, basic computer skills a business analyst should have are C#, .Net, Oracle, PL/SQL, and Microsoft Office. There are three steps to becoming a Business Analyst:
Critical Learning is a technology company that provides programs that are relevant to industries related to high growth. With a global presence, we have empowered 10,000,000 learners from over 50 countries to achieve success in their careers. Find out that Business Analytics is one of the best jobs in America for recent college graduates. Additionally, a large number of college graduates work as business analysts in every state of the union – not all of them seem to be concentrated in California or the South.
Since Business Analysts are such a great profession, we wanted to see where business analysts have the best: where there is a lot of work to go around, and people get paid what they deserve at every stage of their career.
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To that end, we run statistics from the BLS to determine which states have the best opportunities for business analysts. After all the numbers have been crunched, we’re left with a list of the best deals for business analysts in the United States:
So there you have it – Virginia is the best when it comes to being a business analyst.
How did it end up and is it really worth the list? Read on and see how we completed our survey of the best states for business analysts and more on the top ten states.
Here at, we talk to many people of all ages who are looking for work. Our research has concluded that there are two common things people are looking for in a job:
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So in order to find out the best state for business analysts in the US we needed to know where the jobs are and how business analysts are paid. This resulted in the following statistics taken from the Bureau of Labor Statistics’ 2015 Employment Statistics:
To make the total salary figures more apples-to-apples for all states, we compared the average salary figures by state.
Applying the criteria allows us to calculate what it takes to live in certain states. For example, the average salary for a business analyst in California is $96,550 and the average salary in Oregon is $83,780, but the salary in Illinois is actually going to cover the basics of life.
In order to improve and aggregate the overall score, we ranked each state on each criterion from 1 to 50 where 1 was the best.
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We then compared the entire list by state in job scores and the state with the lowest overall job score that earns the distinction of being the best state for business analysts in the United States.
Total Occupation: 45,960 Average Annual Salary: $102,810 Average Entry Level Salary: $55,110 Average Experience Salary: $159,020 Location: 2.8 2. Georgia
Total Occupation: 24,750 Average Annual Salary: $92,790 Average Entry Level Salary: $43,770 Average Experience Salary: $152,190 Location: 1.35 3. Washington
Total Occupation: 16,040 Average Annual Salary: $102,000 Average Entry Level Salary: $53,380 Average Experience Salary: $161,250 Location: 1.21 4. Texas
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Total Occupation: 36,090 Average Annual Salary: $96,030 Average Entry Level Salary: $48,420 Experienced Salary: $155,260 Location: 0.7 5. Illinois
Total Occupation: 28,510 Average Annual Salary: $91,380 Average Entry Level Salary: $44,450 Experience Salary: $150,880 Location: 1.09 6. Michigan
Total Occupation: 13,970 Average Annual Salary: $86,780 Average Entry Level Salary: $47,510 Experienced Salary: $136,780 Location: 0.76 7. North Carolina
Total Occupation: 14,430 Average Annual Salary: $88,880 Average Entry Level Salary: $43,420 Average Experienced Salary: $146,860 Location: 0.79 8. Alabama
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Total Occupation: 4,380 Average Annual Salary: $91,020 Average Entry Level Salary: $44,590 Average Salary: $146,270 Location: 0.52 9. Colorado
Total Occupation: 8,430 Average Annual Salary: $92,070 Average Earnings: $48,420 Average Earnings: $156,280 Location: 0.77 10. Kansas
Total Occupation: 3,580 Average Annual Salary: $83,680 Average Entry Level Salary: $44,120 Average Salary: $137,420 Starting Location: 0.59 Where You Are If you’re looking for a career as a business analyst these are the top states to visit of your list. You’ll find great pay, job opportunities, and career development opportunities. If you’re curious, here are the worst states to do business in the US:
Near the career expert website, where recent college graduates can study the career paths of former graduates to determine the career paths they want to pursue. Careers can be found at https:///colleges-and-majors/. At McKinsey, the salaries of senior consultants (Analysts) range from $90,000,000 to $110,000 per year, and figures MBA-level/Experienced Associates can earn up to $233,000. Associates typically earn $250,000,000, while Associates and Directors can earn
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