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IT Business System Analyst Salary - As Per Experience, Locations, Top Giants



Introduction

Great businesses are run on great decisions.

And for those decisions, they need robust, cost-effective, highly analytical systems that can help them realize accurate answers to the situations like whether to launch a new product line or not.

With the increasing reliability of businesses on smart, automated enterprise resources planning systems for proper planning, cost control, efficiency, and long-term growth, the need for a Business System Analyst title is shooting through the roof.

The Bureau of Labour Statistics predicts that there will be a 14% increment in Business System Analysts by 2024. This rate is quite faster than other professions as this Business System Analyst job profile helps them:

  • Taking accurate business decisions based on well-calculated insights from data in smart systems
  • Improve the overall business efficiency with smart insights for every team
  • Preventing the surplus outlay by preventing costly actions from happening

Which in turn, helps them elevate with amazing growth. If you are planning to or have already decided to pursue a Business System Analyst career, that’s great. Before applying your candidature, know what salary based on experience level, companies, top global locations, you can expect or confidently should demand.

But before that, let’s underline certain factors that might impact your IT Business System Analyst Salary positively or even negatively.  

Why Your IT Business System Analyst Salary is Less Than You Think? Beware of 4 Factors!

Salary for Business system analysts can vary in reality because there are a variety of underlying factors that are analyzed by hiring managers for deciding your compensation. Want to know what these factors could be, that could level up or level down your system analyst salary in reality?

1. The Job Location

Not every city, country, economy is the same when it comes to imbursing the tech career salary. Business systems analysts demand’s quite different in different global locations. 

Some countries or cities will have good demand and talent supply ratio, while some might have huge gaps between this ratio. It also depends on the types of companies in each location. The higher the data-driven technical companies in a city, the higher will be the scope of lucrative salary. 

What do we suggest? We suggest you move to the best economies of the world where salaries are great & the cost of living is such that it won’t break the bank. You can relocate to amazing posh cities with great IT hubs, in countries like the USA, UK, India, Canada, Australia. In case you are looking for which cities of best locations, you will find them below with salary elaboration.

2. The Experience Level Under Your Hood

We guess it is pretty much the same in every profession. The higher the experience you have under your belt, the higher will be the pay. The Business System Analyst with amazing seniority level gets the amazing pay, only if they expanded their learning curve.

What do we suggest? The Business System Analyst title is very in-demand & even has an amazing salary at fresher or entry-level. So just deep dive into this Business Analyst Career path and you will definitely get there. Keep learning, keep growing, don’t get stagnant.

3. The Business Analyst Certification via Training

The business system analyst role is a very analytical profile. It requires immense technical knowledge and adeptness to help businesses scale their technical systems for meeting their strategic goals. If you are entering this career as a skilled professional by acquiring the accredited Business System Analyst Certification via a formal training program, you will definitely get great preference on the salary front.

What do we suggest? Take formal Business System Analysis training and do sharpen your knowledge curve. Don’t sign up for self-learning, as business system analysis is a specialized role, you need expert help to learn this skill set.

4. Company Type, Size & Industry You are applying for

The IT Business System Analyst salary also depends on the company type, size, and industry. Every company with different investment scope will pay you different paychecks. Suppose if you apply in the small companies, their salary structure might be lesser compared to the big multinational or multi-million dollar companies. 

However, in case you apply in large enterprises funded startups, there you might get paid a high paycheck in comparison to the startups whose capital is quite low or non-sponsored by big labels. Also, different industries have different salary allocations for this role, the most hyped ones are IT, healthcare, and financial for this role. Below we have mentioned other industries too, where you can apply with this role!

What do we suggest? The demand for IT business system analysts is quite similar in small & even big-sized companies. Just work on honing the right business analyst skills & focus on clearing the interviews of big companies. However, if finding it difficult to break into big names, you can start with small companies, who as well pay exceptionally well for this talent.

Other Factors that Could Impact your Salary are:

  • Your resume without a cover letter - Your resume can also make or break your moment. A well-drafted resume also impacts your potential to be paid higher.
  • Your interview performance - Your interview performance can also have an impact on your salary. If you will appear with great skills & confidence, you can bag a higher salary.
  • Your negotiation skills - Companies sometimes make experience level, their budget an exception if the candidate has amazing confidence and negotiation skills. If you can toot your own horn, you can bag a handsome salary at any level or at any location.

IT Business System Analyst Salary with Top Companies

If you wish to know what companies are year around hiring for business system analysts, and at what payscale, continue reading…

How Much is a Business System Analyst Salary for Real?

Business System Analysts are an intrinsic part of any data-driven, product-based organization as their analytical mind has the power to help businesses achieve strategic business goals by designing, developing new systems, or rectifying the old ones for better outcomes.

And for such an intrinsic role, the compensation is quite desirable, even from the start level. Let’s look into the business system analyst salary based on different job portals, panning across in popularity.

  • As per Indeed, the average Business System Analyst salary can be between $89,378 to $131,000 per year.
  • As per Glassdoor, the average Business System Analyst salary can be between $82,201 to $144,000 per year.
  • As per Payscale, the average Business System Analyst salary can be between $89,807 to $128,000 per year.
  • As per Dice, the average Business system analyst salary can be $80,000 per year.

IT Business System Analyst Salary --- Based on Experience Level

A business system analyst's salary can vary based on experience level. The higher you are in your experience level, the higher will be your salary imbursed. Look at the entry-level, intermediate level, and senior business system analyst salary.

  • As per Payscale, the business analyst salary for freshers with less than one year of experience can be around $58,780 on an average per year.
  • As per Payscale, the entry-level business system analyst salary on average can range between $58,780 to $65,056 per year, with an experience level between less than 1 year to 4 years.
  • While if you are little up from 4 years in experience, say somewhere between 5-9 years, as per Payscale, your average business system analyst salary could be between $76,997 to $84,761 yearly, on an average.
  • A senior business system analyst salary with experience of more than 10 years or so can range between $89, 807 to $145,268 on average per year.

Business System Analyst Salary in Top Global Locations

Business system analysts are needed globally. If you are up for adventure or relocation, we would recommend moving your foot to the following top locations, on prior consideration --- as everything here, from pay to work-life balance to lifestyle is quite good.

Business System Analyst Salary in the USA

How much does a Business System Analyst Make in the USA?

As per Indeed, the average business system analyst salary in the USA is $89,378, and you get $5000 as an additional cash bonus.

Is it good for the cost of living in the USA?

  • 72% of Business System analysts are satisfied with their salaries to meet the cost of living.
  • The cost of living in cities like New York for one person is $13,200 per year and $48, 540 for a person with a family.

Top Paying Locations of the USA for Business System Analyst

You can expect to get paid the highest average yearly salary, in cities like:

  • New York, NY - $93,891
  • Seattle, WA - $103,353
  • Chicago, IL - $91,888
  • Atlanta, GA - $894,724
  • Austin, TX - $90,151
  • Tampa, FL - $80,728
  • Houston, TX - $94,365

Business System Analyst Salary in the UK

How much does a Business System Analyst Make in the UK?

As per Indeed, the average salary of a Business system analyst in the UK can range on average between £39,430 to £51,539 per year.

Is it good for the cost of living in the UK?

The UK may be one of the expensive areas to live in. To live here comfortably, including housing, regular expenses, or any leisure you can live with £30,000 per year.

Top Paying Locations of UK for Business System Analyst

Here are the top-paying areas in the UK with average annual salary:

  • Birmingham - £37,360
  • London - £51,000 
  • Bristol - £36,139
  • Edinburg - £36,035
  • Sheffield - £38,947
  • Manchester - £33,150
  • Glasgow - £37,860

Business System Analyst Salary Canada

How much does a Business System Analyst Make in Canada?

As per Glassdoor, the average business system analyst salary is 

CA$77,000 per year.

Is it good for the cost of living in Canada?

The cost of living in Canada varies from city to city & family size. If you live solo, you might have to bear $32,760 dollar a year, while if living with a family of 4, you will have to bear $61,896 per year on average.

Top Paying Locations of Canada for Business System Analyst

Here are few highest paying Canadian cities for Business System Analyst role, with average annual salary:

  • Toronto, ON - $80,842
  • Edmonton, AB - $82,324
  • North York, Ontario - $82,181
  • Mississauga, ON - $85,050
  • Calgary, AB - $83,132
  • Winnipeg, MB - $84,090
  • Ottawa, ON - $74,728
  • Waterloo, ON - $82,876

Business System Analyst Salary in India

How much does a Business System Analyst Make in India?

As per Indeed, the average business system analyst salary in India can be between INR 6,00,000 to INR 9,72,266 plus per year.

Is it good for the cost of living in India?

The cost of living for a solo being and a family of 4 can cost on average INR 40,000+ and INR 110,000+ respectively.

Top Paying Locations of India for Business System Analyst

Highest paying Indian cities for Business System Analysts are:

  • Mumbai, Maharashtra - INR 9,14,000
  • Bengaluru, Karnataka - INR 912, 762
  • Pune, Maharashtra - INR 10,15,221
  • Chennai, Tamil Nadu - INR 11, 28, 260
  • Hyderabad, Telangana - INR 12,20,324
  • Delhi, Delhi - INR 572,656
  • Ahmedabad, Gujarat - INR 303,000
  • Noida, UP - INR 10,08,922

Business System Analyst in Australia

How much does a Business System Analyst Make in Australia?

The average business system analyst salary in Australia is AU$83652 per year.

Is it good for the cost of living in Australia?

The cost of living in Australia solo could be $34,020 per year, and with a family of 4, it could be $64,536 per year.

Top Paying Locations of Australia for Business System Analyst

The highest paying Australian cities could be:

  • Melbourne city centre - $90,888
  • Leongatha, VIC - $94,719
  • Dubbo, NSW - $88,465
  • Wendouree VIC - $95,132
  • Melbourne VIC - $118, 097
  • Sydney, NSW - $115,350
  • Canberra, ACT - $116,888
  • Perth, WA - $108,147

Business System Analyst Jobs Are Posted in Great Numbers!

Worrying about the Business System Analyst jobs demand? Well, they are posted in quite an abundance daily over any of your preferred job portals!

At the time of writing this article, there are 13,000+ Business System Analyst jobs.

At the time of writing of this article, there are 22,000+ Business System Analyst jobs posted on Glassdoor.

At the time of writing this article, there are 7000+ Business System Analyst jobs on Linkedin.

At the time of writing of this article, there are 50,000+ Business System Analyst Jobs posted on Dice.

Business System Analysts & Their Need in Different Industries

The highly analytical IT Business System Analysts are demanded in literally every industry. If you just don’t want to limit yourself in a particular industry, here are your options:

  • Software & hardware industry
  • Healthcare - Clinical Research, Pharmaceutical, Fitness & nutrition
  • Financial - Banking, Investment, Insurance
  • Human Resource or Talent Acquisition
  • eCommerce, Retailing
  • FMCG, Consumer packaged goods, durables
  • Supply chain management, Logistics
  • Telecommunications
  • Real Estate 
  • Legal Services

Skills Recruiters Expects in Your Business System Analyst Resume

Here are few popular skills Business System Analysts should have inscribed on their resume to earn amazing paycheck opportunities.

Professions With Pay Similar to IT Business System Analyst Role!

In case you are not willing to go for just a Business System Analyst role, here are the similar professions or titles with similar salaries you can explore, right after completing the Business Analyst Training!

  • Business Analyst with an average pay of $80,000 per year
  • Data Analyst with an average pay of $72,518 per year
  • IT Analyst with an average pay of $76,604 per year
  • An analyst with an average pay of $70,115 per year
  • Operations Analysts with an average pay of $77,542 per year

Final Thoughts on Business System Analyst Salary!

Business System Analyst is a soaring profile. With businesses needing accurate data-driven insights from smart resource planning systems, these technical, analytical IT business system analyst folks are much of a savior for the small to even big corporate companies. 

The Business System Analyst salary ranging between $89, 807 to $145,268 per year on average is another motivation that makes this profile worth exploring. We helped you navigate the Business system analyst salary based on different factors so that you would know what to expect or demand while heading out and making that career possible.

To enter this career, you can be a technical or non-technical prodigy. With little upskilling via formal training, learning real-time Business system analyst skills is possible & worth it.

Frequently Asked Questions on Business System Analyst Salary

Q 1. How much Business System Analyst Salary is?

Ans:- The actual business system analyst salary can range between $89,378 to $131,000 per year.

Q 2. How much is the senior business system analyst salary?

Ans:- The Sr. business system analyst salary with years of experience between 4-8 years can be between $86,635 to $145,268 per year. 

Q 3. How much is a business analyst salary with 2 years experience?

Ans:- A Business System Analyst salary with 1-2 years of experience can be $72,534 on average yearly.

Q 4. How much is a business analyst salary with 3 years experience?

Ans:- The business system analyst with 3-4 years of experience can earn somewhere between $72,534 to $100,000 per year on average.

Q 5. How much is a business analyst salary with 10 years of experience?

Ans:- A business analyst with 10+ years of experience can earn more than $106,789  on average.

Q 6. How much is the business analyst salary hourly?

Ans:- The business analyst salary hourly can range between $26 to $33 on average.

Q 7. How much entery-level business analyst salary is?

Ans:- The average entry-level business analyst salary can be $32K per year on average.

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    Nandita

    With fact-finding market research & solicitous words, Nandita helps our digital learners globally navigate their way to profound career possibilities in IT and Management.


Comments

  • C

    Cruz Peterson

    What is the exact certification fee for a Business System Analyst? Would they release a specific examination date?

     Reply
  • K

    Kairo Gray

    The business system Analyst Salary information is quite helpful but can you tell me how many times a candidate can pursue for the exam?

     Reply
  • D

    Dante Ramirez

    What is the salary package I would get if I cleared the exam for Business System Analyst?

     Reply
  • H

    Hendrix Howard

    I am preparing for Business System Analyst, looking for sample questions. Can anyone help me with some sample paper links regarding this?

     Reply
  • D

    Derek Ward

    I am confused, whether choosing a Business System analyst a good choice for my career or not? Can Anyone help me with this?

     Reply

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