Business Analyst Salary in India 2023 [For Freshers & Experienced]

Business Analyst salary in india 2022_9_11zon jaro

Introduction

Business analysts and online business analyst courses are in high demand in India due to the country’s ever-growing economy. The role of a business analyst is to analyse an organisation’s business processes and suggest ways to improve them. If you’re considering a career as a business analyst, you’re probably wondering how much you can expect to earn. Business analyst salaries in India vary depending on experience and location, but the average salary is around Rs. 4,00,000 per year. Keep reading to learn more about business analyst salaries in India and what skills you need to get hired for this in-demand role.

What is a Business Analyst?

A Business Analyst (BA) is someone who analyses an organisation or business domain (real or hypothetical) and documents its business or processes or systems, assessing the business model or its integration with technology.

The median salary for a Business Analyst in India is ₹564,287 per year.

What are the responsibilities of a Business Analyst?

The Business Analyst is responsible for analysing the business needs of an organisation and providing solutions to improve business efficiency. They work with various organisational stakeholders to identify business requirements and recommend solutions that can streamline processes and improve profitability.

In India, Business analysts in India are employed across various industries such as IT, Banking, Financial Services, Manufacturing, etc. The average salary for a Business Analyst in India is INR 4-8 lakhs per annum. Experienced Business Analysts can earn up to INR 12-16 lakhs per annum.

What is the salary of a Business Analyst in India?

Experienced BAs can earn up to ₹12,00,000 to ₹16,00,000 per year. Salaries for fresher BAs are typically lower but can range from ₹250,000 to ₹500,000 per year.

How to become a Business Analyst?

A business analyst is someone who analyses an organisation or business domain and documents its business or processes or systems, assessing the business model or its integration with technology.

To become a business analyst, one must possess strong analytical and communication skills. The job usually requires a bachelor’s degree in business administration, computer science, engineering, or a related field. There are many online business analyst courses that provide all the necessary learning to a beginner. Some jobs may require certification from the International Institute of Business Analysis (IIBA).

What are the skills required to be a Business Analyst?

There is a growing demand for business analytics courses in India. The following are some skills required to be a Business Analyst which is as follows:

1. The ability to understand and analyse business problems:

A business analyst should be able to understand the root cause of a problem and then identify the best solution for it. They should also be able to frame the problem in such a way that it can be easily understood by others.

2.  Strong analytical skills:

A business analyst should have strong analytical skills in order to be able to break down complex problems and understand all the various factors involved. They should also be able to identify relationships between different data points and see trends over time.

3. Good communication skills:

A business analyst needs to have good communication skills in order to communicate effectively with different stakeholders, understand their requirements, and present solutions clearly. They should also be able to build consensus among different parties and get buy-in for their recommendations.

4. Project management skills:

A business analyst should have project management skills in order to manage projects effectively from start to finish. This includes being able to create project plans, track progress, and solve any issues that arise along the way.

Top Business Analyst Companies in India

There are many business analyst companies in India that provide good salary packages and perks to their employees. You can bag a job at one of these companies by applying for the best business analytics courses in India. Some of the top business analyst companies in India are:

1. Infosys:

Infosys is one of the largest business analyst companies in India, with more than 2 lakh employees. The company has a strong presence in all major cities in India and provides good salary packages and perks to its employees.

2. TCS:

TCS is another large business analyst company in India with more than 1.5 lakh employees. The company has a strong presence in all major cities in India and provides good salary packages and perks to its employees.

3. Wipro:

Wipro is another large business analyst company in India with more than 1 lakh employees. The company has a strong presence in all major cities in India and provides good salary packages and perks to its employees.

Conclusion

The business analyst salary in India is expected to continue to rise in the coming years as more and more businesses adopt data-driven decision-making. If you’re considering a career in business analysis, now is a great time to get started. With the right skills and experience, you can command a high salary and enjoy a successful career.

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