Average Business Analyst, Finance/Banking with Business Analysis Skills Salary in India

Annual Base Salary - ₹8,61,521.00/year

The average annual salary of Business Analyst, Finance/Banking is ₹8,61,521.00

₹3,73,870.00
Low
₹8,61,521.00
Average
₹21,20,000.00
High

The starting salary of Business Analyst, Finance/Banking is between ₹3,17,790.00 and ₹3,73,870.00 whereas the maximum salary range is between ₹21,20,000.00 and ₹24,38,000.00.

Minimum Annual PayMaximum Annual Pay
₹3,17,790.00₹24,38,000.00
Average Hourly Pay - ₹624.00/hour

The average hourly pay of Business Analyst, Finance/Banking is ₹624.00.

₹0.00
Low
₹624.00
Average
₹654.00
High

The maximum hourly wage is between ₹654.00 and ₹752.00.

Minimum Hourly PayMaximum Hourly Pay
₹0.00₹752.00
Bonus Range: Tooltip
₹22,890.00 - ₹2,18,160.00
₹22,890.00
₹24,38,000.00
Commission: Tooltip
₹0.00 - ₹78,750.00
₹0.00
₹24,38,000.00
Profit Sharing: Tooltip
₹222.00 - ₹5,12,720.00
₹222.00
₹24,38,000.00
  • Currency : INR
  • Annual Salary : ₹8,61,521.00
  • Hourly Pay : ₹624.00
  • Weekly Pay : ₹15,200.00
  • Fortnightly Salary : ₹30,399.00
  • Monthly Salary : ₹65,866.00

Business Analyst, Finance/Banking Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Business Analyst, Finance/Banking. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Business Analyst, Finance/Banking compared to female. Their involvement is 71% while of female is only 29%.

Salary Distribution Based on Years of Experience

The line graph shows Business Analyst, Finance/Banking salary in India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Business Analyst, Finance/Banking working less than a year in a company, you notice that their annual salary starts around ₹5,21,060.40.

As the years of experience reaches 1 to 4, there is a significant increase of ₹1,17,316.79 which would give a total wage of INR638,377.19.

Once the experience reaches 5-9 years Business Analyst, Finance/Banking salary would increase again to a total of ₹9,98,732.96, adding ₹3,60,355.77 from the last salary increase.

After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of ₹14,79,470.49.

And finally, once the Business Analyst, Finance/Banking gains 20 years of experience or more, their salary would reach ₹22,89,000.00.

Prominent Skills Affecting Business Analyst, Finance/Banking Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Business Analyst, Finance/Banking's salary. It clearly highlights the skills needed for a post of Business Analyst, Finance/Banking when hired by an employer.

The most vital skill expected of Business Analyst, Finance/Banking is Risk Management / Risk Control which impacts the most than the rest of the skills indicated with a staggering 42% comparatively. Therefore, one’s salary would greatly depend on their skills in Risk Management / Risk Control.

The skill least likely to affect one’s pay would be Data Modeling with 1%. It can be said that Data Modeling skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Business Analyst, Finance/Banking. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹5,34,143.00 whereas the highest earning is ₹23,77,798.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of ₹23,77,798.00 at 176%. So to summerize, Entry Level earns 38% less than the average salary, Early Career earns 23% less than the average salary, Mid Carrer earns 20% more than the average salary, Late Career earns 82% more than the average salary, Experienced earns 176% more than the average salary.

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