Are you looking for a career change? Are you looking for a new challenge? If so, consider a career in business analysis. A business analyst is a role that requires skills in math, economics, and business. A business analyst typically works in a company that provides products or services to customers. A business analyst typically earns a salary between $40,000 and $60,000.
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2019 Business Analyst Salary Information
Business Analyst Salary: How Much Do They Make?
The average annual salary for a business analyst is $86,000. The most common job titles for business analysts are business analyst, project manager, and systems analyst.
The average business analyst is a skilled problem solver who can identify and solve problems with business processes. They often work with clients to identify and resolve problems with their products or services.
Business analysts may also work in marketing, product development, or engineering. They must have a high level of skills in math and statistics, as well as knowledge of business concepts.
The top employers of business analysts include Google, Amazon, and Microsoft.
Business Analyst Salary by State
In the US, the average salary for a business analyst is $77,000. However, salaries vary significantly based on location. In the northeast, the average salary is $82,000, while in the southwest, it’s only $66,000.
Now that you know how much the average business analyst earns, it’s time to look at the salary breakdown by state. In the Northeast, the highest paid business analysts earn an average of $101,000. In the West, the lowest earners make an average of $66,000.
So what do you think? Is your state in the top or bottom earners for business analysts? Let us know in the comments!
Business Analyst Salary by City
The average business analyst salary by city is as follows:
Los Angeles: $92,000
New York: $92,000
San Francisco: $92,000
Washington, D.C.: $92,000
Business Analyst Salary by Industry
As a business analyst, you will likely work in many different industries. Take a look at the various salaries for business analysts in various industries below.
In the technology industry, business analysts typically earn a salary of around $100,000. This is because the industry is one of the most rapidly growing and lucrative in the world.
In the financial services industry, business analysts typically earn a salary of around $100,000. This is because the industry is one of the most highly regulated and profitable in the world.
In the healthcare industry, business analysts typically earn a salary of around $103,000. This is because the industry is one of the most rapidly growing and lucrative in the world.
In the retail industry, business analysts typically earn a salary of around $87,000. This is because the industry is one of the most rapidly growing and lucrative in the world.
Business Analyst Salary by Company Size
If you’re looking for a concise, up-to-date list of what business analysts make by company size, check out PayScale’s business analyst salary database.
As you can see, the median business analyst salary ranges from $68,000 to $107,000, but the highest paid business analysts make an average of $101,000.
Generally speaking, the largest companies pay their business analysts the most, while smaller companies often pay their analysts more than the median salary.
In addition, though business analysts generally make more money in larger companies, there are a number of factors that can affect their salary, including experience, skills, and location.
So, before you begin your job search, be sure to calculate your estimated market salary and compare it to what is currently being paid in your preferred field.
Salaries for business analysts vary depending on experience, location, and company size. However, most business analysts earn around $60,000 per year.