Salary for Senior Business Analyst. Knowledge of business analyst practices, methodologies and tools; knowledge of project management processes and tools; Testing experience in business analysis/software testing; Good financial industry knowledge Excellent communication skills
A Senior Business Analyst is a position that requires a mix of business oriented, technical and analytical skills. In order to work as a senior business analyst, you will need to be highly adept at creating end user training. As well as creating solid documentation and technical support for your company’s products.
The average salary for Senior Business Analyst is $95,000 per year. Most people with this job move on to other positions after 20 years in this field. This company employs approximately 26,000 people across the U.S., with their headquarters located in Clemson, SC.
Salary For Senior Business Analyst Overview
Senior Business Analyst Salary
As a senior business analyst, you’re the go-to person in your company. You lead the analysis and design of systems and processes, as well as all related documentation. Your role is crucial to your company’s success, so it goes without saying that you should be compensated accordingly.
In fact, according to Glassdoor, senior business analysts make an average of $95K per year—which is more than double the national average for all occupations.
You can also expect to earn a higher salary if you have more experience or certifications under your belt. For example, Senior Business Analyst at Deloitte earns an average annual salary of $115K per year while Senior Business Analyst at UnitedHealth Group earns an average annual salary of $106K per year—both significantly higher than the national average!
Senior business analysts make an average salary of $86,000 per year. The median annual pay for senior business analysts is $79,000. Senior business analysts with one to four years of experience can expect to earn an average salary of $53,000 per year and those with five to nine years of experience can expect an average salary of $70,000 per year. Senior business analysts who have been in the field for 10 to 19 years can expect to earn $87,000 per year and those who have been working for 20 years or more will make an average salary of $109,000 each year.
What Is A Senior Business Analyst
A senior business analyst is a busy person. That’s not necessarily a bad thing either. We’d rather be busy than watching the time tick away. From improving business processes to accessing any risks the company is taking, you’ll have plenty on your plate to get you through the day.
You probably already know that being a senior associate is not for a newbie in the career field. That means you’ll have some experience under your belt. From some leadership experience to just some experience as a business analyst, your employer will be looking for a little bit of both.
Senior business analysts are highly needed in almost every industry. So you’ll have no problem finding a job, we’re sure of it.
There is more than meets the eye when it comes to being a Senior Business Analyst. For example, did you know that they make an average of $46.67 an hour? That’s $97,084 a year!
How To Become a Senior Business Analyst
If you’re interested in becoming a Senior Business Analyst, one of the first things to consider is how much education you need. We’ve determined that 68.4% of Senior Business Analysts have a bachelor’s degree. In terms of higher education levels, we found that 22.6% of Senior Business Analysts have master’s degrees. Even though most Senior Business Analysts have a college degree, it’s impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Senior Business Analyst. When we researched the most common majors for a Senior Business Analyst, we found that they most commonly earn Bachelor’s Degree degrees or Master’s Degree degrees. Other degrees that we often see on Senior Business Analyst resumes include Associate Degree degrees or Diploma degrees.
You may find that experience in other jobs will help you become a Senior Business Analyst. In fact, many Senior Business Analyst jobs require experience in a role such as Business Analyst. Meanwhile, many Senior Business Analysts also have previous career experience in roles such as Project Manager or Consultant.
What is a business analyst salary?
Now talking about the remuneration of business analysts, this depends upon which path of business analysis career you choose to be. To give a picture of how profitable this job can be, you may likely take a look at the following:
Job Title Average Salary
Executive Sales Representative———————————- ₦160,000
Management Consulting Business Analyst————————– ₦109,000
SAP ——————————————————– ₦101,000
Solutions Architect Sales Representative————————- ₦92,000
Senior Business Systems Analyst——————————— ₦89,000
Systems Business Analyst —————————————-₦87,000
Senior Business Analyst—————————————— ₦86,000
Executive ——————————————————–₦83,000
Business Systems Analyst——————————————- ₦81,000
Business Intelligence Analyst———————————– ₦80,000
Technical Business Analyst —————————————-₦79,000
Business Analyst ————————————————₦76,000
Senior Credit Analyst ————————————————₦65,000
Associate Analyst ————————————————₦55,000
Administrative Analyst—————————————— ₦53,000