Average Business Analyst, Finance/Banking with Financial Analysis Skills Salary in South Africa

The line graph shows Business Analyst, Finance/Banking salary in South Africa 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 R 289,120.32.

As the years of experience reaches 1 to 4, there is a significant increase of R 115,659.39 which would give a total wage of ZAR404,779.71.

Once the experience reaches 5-9 years Business Analyst, Finance/Banking salary would increase again to a total of R 516,866.54, adding R 112,086.83 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of R 740,557.83.

And finally, once the Business Analyst, Finance/Banking gains 20 years of experience or more, their salary would reach R 717,185.00.

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 Requirements Analysis which impacts the most than the rest of the skills indicated with a staggering 13% comparatively. Therefore, one’s salary would greatly depend on their skills in Requirements Analysis.

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

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 R 278,733.00 whereas the highest earning is R 755,885.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of R 755,885.00 at 60%. So to summerize, Entry Level earns 41% less than the average salary, Early Career earns 13% less than the average salary, Mid Carrer earns 11% more than the average salary, Late Career earns 60% more than the average salary, Experienced earns 51% more than the average salary.