Business Analyst Salary Ohio
Business Analyst Salary Ohio – Business analysts are one of the best jobs in America for recent college graduates. Additionally, a significant number of people out of college work as business analysts in every state in the union—it’s not like they’re all concentrated in California or the South.
Because business analysts are such a prominent profession, we wanted to take a look at where business analysts do best: where jobs are abundant and people are paid what they deserve at every stage of their careers.
Business Analyst Salary Ohio
To that end, we dug into the numbers from the BLS to find out which states have the best opportunities for business analysts. After crunching all the numbers, we’re left with this list of the best of the best for US business analysts:
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So there you have it – Virginia is the best of the best when it comes to business analytics.
How did it end up here and does it really deserve this ranking? Read on to find out how we completed our research on the best states for business analysts and more about the top ten states.
Here at the address, we talk to many people from different backgrounds who are looking for work. Our research has concluded that there are two common things people want at work:
So to find the best states for business analysts in America, we needed to find out where the jobs are and how well business analysts are paid. This resulted in the following criteria, taken from the Bureau of Labor Statistics’ 2015 employment statistics:
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To make all salary numbers more than apples to apples by state, we compared salary data relative to the state’s cost of living.
Applying this standardization allows us to take into account the fact that living in some states costs more. For example, the average salary for business analysts in California is $96,550 and the average salary in Oregon is $83,780, but the salary in Illinois actually goes further in paying for the basics.
For development and overall ranking, we ranked each state for each criterion from 1 to 50, with 1 being the best.
We then averaged all the ratings for the state into a job score, with the state with the lowest overall job score earning the award for Best State for Business Analysts in America.
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Total Jobs: 45,960 Average Annual Salary: $102,810 Average Entry Level Salary: $55,110 Average Experienced Worker Salary: $159,020 Share: 2.8 2. Georgia
Total Jobs: 24,750 Average Annual Salary: $92,790 Average Entry Level Salary: $43,770 Average Experienced Salary: $152,190 Location: 1.35 3. Washington
Total Jobs: 16,040 Average Annual Salary: $102,000 Average Entry Level Salary: $53,380 Average Experienced Worker Salary: $161,250 Share: 1.21 4. Texas
Total Jobs: 36,090 Average Annual Salary: $96,030 Average Entry-Level Salary: $48,420 Average Experienced Salary: $155,260 Share: 0.7 5. Illinois
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Total Jobs: 28,510 Average Annual Salary: $91,380 Average Entry Level Salary: $44,450 Average Experienced Salary: $150,880 Share: 1.09 6. Michigan
Total Jobs: 13,970 Average Annual Salary: $86,780 Average Entry Level Salary: 47,510 Average Experienced Salary: $136,780 Share: 0.76 7. North Carolina
Total Jobs: 14,430 Average Annual Salary: $88,880 Average Entry Level Salary: $43,420 Average Experienced Salary: $146,860 Location: 0.79 8. Alabama
Total Jobs: 4,380 Average Annual Salary: $91,020 Average Entry Level Salary: $44,590 Average Experienced Worker Salary: $146,270 Share: 0.52 9. Colorado
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Total Jobs: 8,430 Average Annual Salary: $92,070 Average Entry-Level Salary: $48,420 Average Experienced Worker Salary: $156,280 Share: 0.77 10. Kansas
Total Jobs: 3,580 Average Annual Salary: $83,680 Average Entry Level Salary: $44,120 Average Experienced Salary: $137,420 Share Place: 0.59 There you have It If you want to start your career as a business analyst, these are states that should be at the top of your list. Here you will find a high salary, available jobs and chances for career advancement. In case you’re curious, here are the worst states in America for business analysts:
About is a career expert site where recent college graduates can study the journeys of previous graduates to learn what career paths they want to take. See https:///colleges-and-majors/ for career data. A person working as a bank business analyst in the United States typically earns around $107,000 per year. Salaries range from $50,400 (lowest) to $169,000 (highest).
This is the average annual salary, including accommodation, transport and other benefits. Bank business analyst salaries vary widely based on experience, skills, gender or location. Below you will find a detailed breakdown based on many different criteria.
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Both are indicators. If your salary is higher than both the average and the median, then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is a lot of room for improvement. If your salary is between the average and the median, things can get a little complicated. We’ve written a guide that explains everything about the different scenarios. How to compare your salary
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Experience level is the most important factor in determining salary. Naturally, the more years of experience, the higher your salary. We broke down bank business analyst salaries by experience level and found out.
While someone with an experience level between two and five years is expected to earn $80,100 per year, 38% more than someone with less than two years of experience.
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Moving forward, an experience level between five and ten years brings a salary of $114,000 per year, which is 42% more than someone with two to five years of experience.
” On average, a person’s salary doubles their starting salary before they exceed 10 years* of experience. “
Additionally, bank business analysts with ten to fifteen years of experience are paid the equivalent of $139,000 per year, which is 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, the expected salary is $147,000 per year, 6% more than someone with ten to fifteen years of experience.
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Finally, employees with more than twenty years of professional experience are paid $160,000 per year, 9% more than those with fifteen to twenty years of experience.
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Bank Analyst Salary Comparison by Education How does education level affect salaries? Below is the average salary gap between different banking analysts who have the same experience but different education levels.
We all know that higher education equals higher salary, but how much more money can a degree add to your income? To help you compare, we’ve broken down bank business analyst salaries by education level.
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If the education level is a bachelor’s degree, the average salary of a bank business analyst is $80,100 per year.
While someone with a master’s degree gets paid $147,000 a year, 83% more than someone with a bachelor’s degree.
A master’s degree program or any graduate program in the United States costs anywhere from $39,500 to $118,000 and takes about two years. That’s quite an investment.
You cannot expect any salary increase during your studies if you already have a job. In most cases, the salary review is carried out after the completion of education and attainment of the degree.
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Many people pursue higher education as a transition tactic to a higher paying job. The numbers seem to support thoery. The average bonus increase when changing jobs is about 10% higher than a regular salary increase.
If you can afford the cost of a college education, the return on investment is definitely worth it. You should be able to recoup the cost in about a year.
Although gender should not affect salary, it actually does. So who gets more money: men or women? Male bank business analysts in the United States earn 6% more than their female counterparts, on average.
Bank Business Analyst Average Annual Percentage Salary Increase in United States What is the annual salary increase in United States for Bank Business Analyst? How often do employees get paid? Bank business analyst
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Bank business analysts in the United States are likely to see a salary increase of about 12% every 15 months. National average annual increase for
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