Businesses need to change quickly now, and older ways of working do not keep up. Because of this, companies need more business analysts than ever, and their salaries have increased significantly. The average annual salary of a Business Analyst ranges between ₹3 lakhs – ₹30 lakhs or more.
In this blog, we will discuss Business Analysts Salary in India based on experience, location, and industry. Along with that, we will cover their key roles and responsibilities and the factors that influence their salaries.
Table of Contents:
Who is a Business Analyst?
Business analysts are professionals who help companies understand their needs and solve problems. They work between teams, especially business and IT, to improve processes, products, and overall performance.
Watch this YouTube video to learn more about the business analyst role and how you can get started.
What Does a Business Analyst Do?
The primary job of a business analyst is to understand the needs of the company and help teams make better decisions using data. They study processes, identify what is not working well, and suggest practical ways to improve things. They work closely with both business and IT teams, so the solutions are useful and realistic.
Now, let us go through the various roles and responsibilities of these professionals.
Roles and Responsibilities of a Business Analyst
A business analyst typically:
- Studies business processes to identify gaps or issues
- Identifies areas that need improvement
- Suggests solutions and checks if they make sense for the company
- Document requirements clearly
- Works with different teams to understand their needs
- Creates reports and insights from data
- Supports project teams in implementing changes
- Makes sure solutions are cost-effective and efficient
Average Salary of a Business Analyst in India
In India, a fresher Business Analyst earns around ₹3 – ₹7 lakhs per year, while professionals in senior leadership positions can earn around ₹30 lakhs per year or more. A business analyst’s salary depends on experience, skills, industry, and location. Understanding these factors can help you plan your career.
Business Analyst Salary by Experience
Entry-level Business Analysts typically start with lower salaries, but experience and advancement into senior roles can lead to much higher pay. According to AmbitionBox, the annual average salary of a Business Analyst in India is ₹9.9 lakhs per year.
The table below shows how the salary range differs by experience level.
| Experience Level | Salary Range | Average Annual Salary |
| Entry-level (0-2 years) | ₹3 – ₹7 lakhs per year | ₹4.5 lakhs |
| Mid-level (3-7 years) | ₹6 – ₹12 lakhs per year | ₹8.5 lakhs |
| Senior-level (8+ years) | ₹10 – ₹30 lakhs per year or more | ₹13.5 lakhs |
Note: Salary may vary depending on experience, location, skills, industry, and company.
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Business Analyst Salary in India by Location
A business analyst’s compensation in India is significantly influenced by their geographic location, largely due to the concentration of major IT hubs and multinational corporations in specific cities.
Now, we explore the average annual salaries for business analysts across key Indian cities, based on recent industry data.
1. Bangalore
Bengaluru, also called Bangalore, is the IT hub of India. It consistently offers some of the highest salaries for skilled tech professionals, including business analysts. Business analysts in Bangalore typically earn an average annual salary range of ₹3.4 lakhs to ₹19.6 lakhs, depending on specific skills and company size.
2. New Delhi
In New Delhi, business analysts earn competitive salaries. The average annual income for a business analyst in New Delhi generally falls within the range of ₹3 lakhs to ₹15.2 lakhs.
3. Mumbai
The average salary of business analytics professionals in Mumbai is much higher than the salaries they receive in other cities. Business analysts in Mumbai earn between ₹3 lakhs to ₹17 lakhs per year.
4. Chennai
Chennai offers strong opportunities for professionals with technical backgrounds. The average salary for business analytics professionals in Chennai typically ranges from ₹2.6 lakhs to ₹15 lakhs per year.
5. Hyderabad
Hyderabad’s growing IT sector also provides attractive compensation packages for business analysts. Professionals can typically earn a salary range of around ₹3 lakhs to ₹17 lakhs per year on average.
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Business Analyst Salary by Industry
Business analysts are in high demand across manufacturing, IT and software development, banking, healthcare, and other sectors. The industry you work in also impacts compensation levels.
Some of the highest-paying sectors include:
| Industry Type | Average Annual Salary | Top Companies Hiring |
| Banking | ₹12.6 lakhs | IDFC First Bank, Kotak Mahindra Bank, Axis Bank |
| Financial Services | ₹10.3 lakhs | ICICI Bank, HDFC Bank, American Express, Citicorp |
| Software Product | ₹10.1 lakhs | Amazon, HCLTech, Oracle, Capgemini |
| Healthcare | ₹10 lakhs | IQVIA, Medi Assist India, Hindustan Unilever |
| IT Services & Consulting | ₹9.8 lakhs | TCS, Genpact, Accenture, Wipro |
What Influences Business Analyst Salary
A business analyst’s salary is not determined by a single figure but rather by a mix of factors related to the individual’s profile and the broader job market. Understanding these factors is important for negotiating better pay and planning career growth.
The key factors influencing a business analyst’s salary include:
1. Experience Level
Experience plays a major role in deciding salary. Entry-level analysts earn less because they are still building core skills, while senior analysts earn more because they handle strategy, lead projects, and bring deep domain knowledge.
2. Location
Salaries are generally higher in major metropolitan cities and IT hubs like Mumbai, Bangalore, and Hyderabad, which have a higher cost of living and a greater focus of multinational companies.
3. Industry Sector
Some industries pay higher salaries for business analysis expertise due to the complexity and volume of data they manage. Sectors with historically higher salaries include Finance and Banking (BFSI), IT and Consulting, and Healthcare.
4. Skills and Technical Proficiency
A strong mix of technical and soft skills increases your value in the job market. Tools like SQL, Python, R, Tableau, and Power BI help with data analysis and visualization. Communication, problem-solving, negotiation, and stakeholder management matter just as much.
5. Education and Certifications
Advanced degrees like an MBA or professional certifications, show deeper knowledge and a commitment, which often leads to higher pay. Some recognized certifications include Certified Business Analysis Professional (CBAP), Project Management Professional (PMP), and Entry Certificate in Business Analysis (ECBA).
Check out: How to Become a Business Analyst
6. Company Size and Type
Larger, well-established multinational corporations (MNCs) often offer more structured career paths and higher compensation packages compared to smaller startups, although startups might provide other benefits like stock options.
Conclusion
The demand for skilled business analysts in India continues to rise as more companies rely on data and move toward digital workflows. By continuously upskilling and adapting to new technologies like AI and automation, you can build a career that pays well and stays relevant for years.
If you want structured guidance to build these skills, enrol in the Business Analyst course today!
Frequently Asked Questions
Q1. Is business analyst a high-paying job?
Yes, business analysts earn good salaries, and pay increases with experience, skills, and the industry they work in.
Q2. Is a business analyst an IT job?
Not always. Some business analysts work with IT teams, but the job itself is a mix of business and technology. You do not need to be a programmer.
Q3. Do business analysts do a lot of math?
No, business analysts do not do a lot of math. They need basic math and comfort with numbers, but do not need advanced mathematics.
Q4. How many hours do business analysts work?
Most business analysts work around 40-45 hours a week. During busy project phases, the hours may increase a bit.
Q5. How do I become a business analyst?
Start by learning the basics of business and data. Build skills in tools like Excel, SQL, and visualization tools. Get some project experience, and take a business analyst course or certification to boost your chances.