Business Analyst Salary Pennsylvania
Business Analyst Salary Pennsylvania – Business analysts are among the top jobs for recent college graduates in the United States. 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.
Since business analysts are such a popular occupation, we wanted to see where business analysts are best: where there are plenty of jobs to go around, and where people are paid what they deserve at every stage of their career. deserve
Business Analyst Salary Pennsylvania
To that end, we look at numbers from the BLS to find out which states have the best opportunities for business analysts. After all the numbers have been crunched, we’re left with the top picks for US business analysts:
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So there you have it – Virginia is the best when it comes to being a business analyst.
How did it end up here and does it really deserve this rating? Read on to see how we completed our research on the best states for business analysts and the other 10 best states.
Here, we talk to many people from all different backgrounds who are looking for jobs. Our research has concluded that there are two common things people want in a job:
So in order to find the best states for business analysts in the US we need to find out where the jobs are and how well business analysts earn. This led to the following benchmarks taken from the 2015 Bureau of Labor Statistics’ Occupational Employment Statistics:
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To make the total salary numbers more apples to apples across states, we compared the salary data to the state’s cost of living.
Applying this standardization allows us to account for the fact that it costs more to live in some states. For example, the average salary for business analysts in California is $96,550 and the average salary in Oregon is $83,780, but the Illinois salary actually goes further in paying the necessities of life.
For development and overall ranking, we ranked each state from 1 to 50 for each criterion where 1 was the best.
Then we averaged all the rankings for a state into a job score and the state with the lowest job score gets the distinction of being the 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 Veteran Salary: $159,020 Position Size: 2.8 2. Georgia
Total Jobs: 24,750 Average Annual Salary: $92,790 Average Entry Level Salary: $43,770 Average Veteran Salary: $152,190 Position Ratio: 1.35 3. Washington
Total Jobs: 16,040 Average Annual Salary: $102,000 Average Entry Level Salary: $53,380 Average Veteran Salary: $161,250 Position Ratio: 1.21 4. Texas
Total Jobs: 36,090 Average Annual Salary: $96,030 Average Entry Level Salary: $48,420 Average Veteran Salary: $155,260 Position Size: 0.7 5. Illinois
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Total Jobs: 28,510 Average Annual Salary: $91,380 Average Entry Level Salary: $44,450 Average Veteran Salary: $150,880 Position Ratio: 1.09 6. Michigan
Total Jobs: 13,970 Average Annual Salary: $86,780 Average Entry Level Salary: $47,510 Average Veteran Salary: $136,780 Position Ratio: 0.76 7. North Carolina
Total Jobs: 14,430 Average Annual Salary: $88,880 Average Entry Level Salary: $43,420 Average Veteran Salary: $146,860 Position Ratio: 0.79 8. Alabama
Total Jobs: 4,380 Average Annual Salary: $91,020 Average Entry Level Salary: $44,590 Average Veteran Salary: $146,270 Position Size: 0.52 9. Colorado
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Total Jobs: 8,430 Average Annual Salary: $92,070 Average Entry Level Salary: $48,420 Average Veteran Salary: $156,280 Position Ratio: 0.77 10. Kansas
Total Jobs: 3,580 Average Annual Salary: $83,680 Average Entry Level Salary: $44,120 Average Veteran Salary: $137,420 Position Size: 0.59 Looking to start your career. These are the states that should be at the top of your list. You will find high salaries, available jobs, and opportunities for career advancement. If you’re curious, here are the worst states to be a business analyst in America:
About is a career expert site, where recent college graduates can study the paths of former graduates to learn about what career path they want to pursue. Career job data can be found at https:///colleges-and-majors/. A person working as a banking business analyst in the United States usually earns around 107,000 USD per year. Salaries range from 50,400 USD (lowest) to 169,000 USD (highest).
This is the average annual salary including housing, transportation, and other benefits. Banking business analyst salaries vary greatly based on experience, skills, gender or location. Below you will find a detailed analysis based on several different criteria.
Banking Business Analyst Average Salary In United States 2022
Both are indicators. If your salary is higher than both the average and the median, you are doing very well. If your salary is the lower of the two, then many people are earning more than you and there is plenty of room for improvement. If your salary is between average and median, then things can get a little complicated. We have written a guide to explain all 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 your salary is higher. We broke down banking business analyst salaries by experience level and here’s what we found.
While someone with an experience level of two to five years is expected to earn 80, 100 USD per year, 38% more than someone with less than two years of experience.
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Moving forward, those with five to ten years of experience earn $114,000 per year, 42% more than those with two to five years of experience.
On average, a person’s salary doubles their starting salary once they pass the 10 years* experience mark. »
Additionally, banking business analysts who specialize in ten to fifteen years earn the equivalent of USD 139,000 per year, 22% more than those with five to ten years of experience.
If the experience level is between fifteen and twenty years, the expected salary is 147,000 USD 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 earn a salary of USD 160,000 per year, 9% more than those with fifteen to twenty years of experience.
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Banking Business Analyst Salary Comparison by Education How does education level affect salaries? Shown below are the average salary differences between different banking business analysts with similar experience but different levels of education.
We all know that higher education equals bigger salary, but how much money can increase your income? We’ve broken down banking business analyst salaries by education level for comparison.
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When the level of education is a bachelor’s degree, the average salary of a banking business analyst is 80, 100 USD per year.
While someone with a master’s degree earns 147,000 USD per year, 83% more than someone with a bachelor’s degree.
The cost of a master’s degree or any graduate program in the United States ranges from USD 39,500 to USD 118,000 and lasts approximately two years. That’s a lot of investment.
You cannot really expect a salary increase during the study period, assuming you already have a job. In most cases, a salary review is done once education is completed and a degree is earned.
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Many people pursue higher education as a tactic to get into higher paying jobs. The numbers seem to support the theory. The average compensation increase when changing jobs is approximately 10% more than a traditional salary increase.
If you can afford the higher education costs, the return on investment is definitely worth it. You should be able to recoup the costs in about a year.
Although gender should not affect salary, in fact, it does. So who gets paid more: men or women? Male banking business analyst employees in the United States earn an average of 6% more than their female counterparts.
What is the annual salary increase percentage for a banking business analyst in the United States? How often do employee wages increase? Banking Business Analyst
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Banking business analysts in the United States are likely to see a salary increase of approximately 12% every 15 months. The national average annual increase for all occupations is 8%
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