Business Analyst Salary In India
Here we have discussed the updated Business Analyst Salary In India and Starting Pay Scale for freshers as well as experienced candidates. As per the current statistics, a Business Analyst in India earns an average of ₹ 7.1 Lakhs in a year based on the Business Analyst Pay Scale range which lies between ₹ 3.0 Lakhs and ₹ 16.0 Lakhs.
Individuals who are keen to become a Business Analyst must know about the latest Business Analyst Salary in India 2023 and extra perquisites also. The organization offers a lot of avenues to candidates having higher skills and experience.
Business Analyst Freshers/Exp Salary In India
A business analyst improves the operation which includes information technology within a company. It also offers consultation to management to help the firm in becoming more effective and efficient.
Further details about Business Analyst Salary In India 2023 is well mentioned in the below section of this page which is well created by the team members of www.recruitmentinboxx.com. Have a look…
Business Analyst Salary
Business Analyst Salary in India 2023:
| Salary Per Month | Rs.410k – Rs.1m |
| Bonus | Rs.20k – Rs.442k |
| Profit Sharing | Rs.0 – Rs.186k |
| Total Pay | Rs.468k – Rs.1m |
Business Analyst Salaries based on Experience:
| Entry level – with less than 1 year experience (Fresher Business Analyst Salary in India) | Rs.354,627 |
| with 1-4 years of experience | Rs.512,833 |
| with 5-9 years of experience (Junior Salary of Business Analyst in India) | Rs.836,269 |
| with 10-19 years of experience | Rs.1,232,216 |
| 20 years and higher | Rs.1,709,173 |
Business Analyst Salary in Top Companies:
The average Business Analyst Pay Scale in some of the leading companies of India is tabulated as follows:
| Company Name | Salary Range | Average Annual Salary |
| TCS | ₹ 3.0L – ₹ 12.0L | ₹ 6.9L |
| Accenture | ₹ 2.6L – ₹ 14.5L | ₹ 6.9L |
| Genpact | ₹ 4.5L – ₹ 8.6L | ₹ 6.3L |
| Wipro | ₹ 4.1L – ₹ 15.0L | ₹ 8.4L |
| Cognizant | ₹ 4.8L – ₹ 14.0L | ₹ 8.7L |
| Deloitte | ₹ 5.0L – ₹ 11.6L | ₹ 7.6L |
| HCL Technologies | ₹ 2.2L – ₹ 14.0L | ₹ 6.4L |
| Evalueserve | ₹ 4.5L – ₹ 8.3L | ₹ 6.4L |
| Infosys | ₹ 4.3L – ₹ 16.6L | ₹ 8.9L |
| IBM | ₹ 3.9L – ₹ 15.6L | ₹ 8.0L |
| DXC Technology | ₹ 4.1L – ₹ 12.6L | ₹ 7.6L |
| Tech Mahindra | ₹ 3.8L – ₹ 15.0L | ₹ 7.4L |
| American Express | ₹ 3.0L – ₹ 18.8L | ₹ 8.0L |
| Societe Generale | ₹ 7.5L – ₹ 20.5L | ₹ 13.2L |
| Capgemini | ₹ 4.2L – ₹ 15.0L | ₹ 8.9L |
| EXL Service | ₹ 4.5L – ₹ 8.5L | ₹ 6.1L |
| Amazon | ₹ 4.7L – ₹ 20.0L | ₹ 11.1L |
| HSBC | ₹ 5.0L – ₹ 20.5L | ₹ 11.7L |
| JP Morgan Chase | ₹ 5.7L – ₹ 21.6L | ₹ 12.2L |
| ICICI Bank | ₹ 4.1L – ₹ 12.0L | ₹ 6.9L |
| Larsen & Toubro Infotech | ₹ 4.5L – ₹ 16.5L | ₹ 9.7L |
| Shell | ₹ 12.0L – ₹ 30.0L | ₹ 19.2L |
| Barclays | ₹ 5.3L – ₹ 19.0L | ₹ 12.1L |
| Cgi Group | ₹ 4.7L – ₹ 12.0L | ₹ 6.8L |
| Amdocs | ₹ 7.1L – ₹ 20.0L | ₹ 12.2L |
| Oracle | ₹ 3.4L – ₹ 9.5L | ₹ 5.4L |
| Zomato | ₹ 8.5L – ₹ 12.0L | ₹ 10.7L |
| Conduent | ₹ 3.9L – ₹ 9.4L | ₹ 6.1L |
| Fidelity National Information Services |
₹ 5.4L – ₹ 17.6L | ₹ 10.5L |
| Novo Nordisk | ₹ 8.0L – ₹ 15.0L | ₹ 11.3L |
Popular Skills for Business Analyst:
| Skills | Average Salary |
| Business Analysis | Rs.623,756 |
| Project Management | Rs.593,142 |
| SQL | Rs.617,584 |
| Requirements Analysis | Rs.636,523 |
| Microsoft Excel | Rs.544,863 |
Career Prospects for Analysts
Business Analyst is the most demanding profession in today’s time requiring top desired skills by tech companies. Large business houses, IT sectors, financial institutes, insurance companies, banking sectors, etc demand people from this field.
Certification Required for a Profession as an Analyst
A certified Business Analysis Professional recognized by all over the world is required in this field and is offered by the International Institute of Business Analysis.
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Business Analyst, IT Tasks
- Create project plans for information technology development and testing.
- Translate requirements into new information technology project specifications.
- Identify, communicate, and manage risks associated with projects.
- Identify business or customer requirements and information technology alternatives.
Frequently Asked Questions (FAQ)
Ques 1: What is the monthly salary of a business analyst in India?
Ans1: Business Analyst salary in India ranges between Rs. 3.0 Lakhs to Rs. 15.0 Lakhs.
Ques 2: What is TCS business analyst salary?
Ans 2:Rs. 6.7 Lakhs per year.
Ques 3: Do Business Analysts Pay Well?
Ans 3: An entry-level business analyst gets between Rs. 350,000 p.a. to Rs. 400,000/-.
Ques 4: What is the eligibility for a business analyst?
Ans 4: Graduation Degree is mandatory.
Ques 5: Do Business Analysts use Python?
Ans 5: Yes! Python is useful to Business Analysts.
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