Business analysts are professionals who play a critical role in helping organizations improve their operations, processes, and outcomes. They work across industries and can have various job titles, such as business systems analyst, data analyst, or product manager. One of the most common questions asked by those considering a career in business analysis is how much they can expect to earn.
The Average Tech Business Analyst Salary In The United States
According to data from the Bureau of Labor Statistics, the median annual wage for management analysts, which includes business analysts, was $87,660 as of May 2020. However, the salary range can vary depending on several factors, such as the industry, job title, location, and years of experience.
For example, according to Glassdoor, the average base pay for a business analyst in the United States is $71,087 per year, with a salary range of $49,000 to $97,000 per year. However, the average base pay for a senior business analyst is $93,367 per year, with a salary range of $73,000 to $123,000 per year.
Business Analysis Wages By The Industry
In general, business analysts who work in industries such as finance, healthcare, and IT tend to earn higher salaries than those who work in retail or hospitality. Business analysts who have specialized skills, such as data analytics or project management, may also earn higher salaries than those who have general business analysis skills.
Overall, a career in business analysis can be financially rewarding, and the salary range can vary depending on several factors. Those who are interested in pursuing a career in business analysis may want to research the salary range in their desired industry and location, as well as invest in certifications and training to enhance their skills and earning potential.
Considering A Business Analyst Career Path?
Being a good business analyst requires a combination of technical, analytical, communication, and problem-solving skills, as well as business acumen and adaptability. Those who are interested in pursuing a business analysis career path may want to develop and enhance these skills through training, certifications, and practical experience.
Stride Academy trains motivated professionals who either want to shift their career to a more fulfilling path, or are set on adding a business analyst skill set to their resume to advance their career. Stride Academy is an integrative program specifically designed to equip you with the core skills and mindsets to succeed professionally as a business analyst. Along with real-world practice and implementation to hone your skills prior to graduation. By the end of the program you will be fully prepared, qualified, and confident to enter the job market as a business analyst and find the right opportunity for you.
Our highly active post-graduate program will ensure you have ongoing support as you interview, accept offers, and begin working in your new position. We offer 12 weeks of ongoing support as you train to become a highly valued member of your new team.
Considering a business analyst career path? Join us for a free live info session to get all the details for our program and have your questions answered in real time. Then you can decide if Stride is the right next step for you. Sign up for our next free info session by clicking here.
Curious what the actual responsibilities look like for a highly valued business analyst? Check out our article, What Are The Responsibilities Of A Business Analyst.
Wondering what are the required skills & qualities to be a good business analyst? Check out our article, What Are The Skills And Qualities Required To Be A Good Business Analyst.
Not sure if this is the right path for you? Get a little more clarity from our article, 3 Reasons Why A Business Analyst Career Path Might Be Right For You.
