If you want to know what the salary is for a Senior Business Systems Analyst, we can help! We’ve gathered all the data for you and put it into one easy-to-read chart. Just scroll down below to find out more about salary ranges, how much current Senior Business Systems Analysts make in various locations, and tips on how to advance your career as a Senior Business Systems Analyst.
The Senior Business Systems Analyst will support the Finance organization by applying best practices to all aspects of financial reporting and analysis, including budgeting and forecasting, controlling, management information systems, reporting and analysis. Responsible for supporting new business initiatives and working directly with business units to improve processes throughout financial planning and accounting functions.
Senior Business Systems Analyst. With a BS or MS degree in business administration, information systems, computer science or another field with a similar level of knowledge. Depending on the candidate’s experience and area of specialization, salary range should be $50,000 – $160,000.”
Salary For Senior Business Systems Analyst Overview
Senior Business Systems Analyst Salary: $80,000
If you’re looking for a job as a senior business systems analyst, you can expect an annual salary of around $80,000. The highest-paid professionals in this field make over $100,000 per year. The lowest-paid professionals make less than $50,000 per year. Senior Business Systems Analyst Salaries by Location San Francisco Bay Area, California
San Francisco Bay Area is one of the most expensive places to live in the United States. It’s also one of the most popular places for senior business systems analysts to work; there are more than 10,000 people employed in this profession here. Senior Business Systems Analysts in San Francisco Bay Area earn an average of $125,000 per year. San Diego County
Another expensive area in California is San Diego County. The median price of a home here is $600,000; it costs about three times as much to buy a house here than it does in other parts of the state. As such, it’s not surprising that senior business systems analysts earn significantly more money here than they do elsewhere—an average salary of just under $100,000 per year. Los Angeles County.
What Is A Senior Business Systems Analyst
Business systems senior analysts are charged with studying, analyzing, generating, and resolving business and functional requirements related to organizational information. Their duties may include determining operational objectives, developing computer programs for the business, and defining project requirements. They improve business systems by designing modifications. They maintain relationships with key business and IT stakeholders, team members, vendors, and other departments involved in the projects. Additionally, they maintain information confidentiality and prepare technical reports. Also, they manage project budgets, documentation, schedules, and deliverables.
For this role, you need at least a bachelor’s degree in a related discipline. You must have five or more years of experience in a related role. You must possess organization, facilitation, analytical, collaboration, communication, and presentation skills. Also, you must have advanced SQL expertise. The average salary of a business system senior analyst is $94,354 per year or $45.36 per hour. This ranges between $75,000 and $118,000.
There is more than meets the eye when it comes to being a Business Systems Senior Analyst. For example, did you know that they make an average of $51.24 an hour? That’s $106,576 a year!
Business Systems Analyst Job Description
Business systems analysts are responsible for introducing and managing organizational changes that impact every facet of modern companies, nonprofits and government agencies. They use their specialized knowledge to help maximize profitability, improve services and streamline the customer experience, usually with a focus on technology. Those in the role often serve as the bridge that can connect information technology with business strategy, as they utilize various tech-driven data systems and software to gather, analyze and interpret data and then provide recommendations and status reports to company leaders, including C-suite executives and shareholders. Of course, each business systems analyst role is highly dependent on the organization, and some positions may call for more computer program design experience. Common job responsibilities include:
- Working with managers and executives to determine IT needs, limitations and improvements
- Researching emerging technologies and the business impact of new deployments
- Analyzing the costs and benefits of IT implementations and upgrades
- Adding increased functionality to existing computer systems
- Designing new business applications and IT controls
- Directing the installation and configuration of business software and hardware
To qualify for a business systems analyst role, candidates should have advanced knowledge of the business field they choose to pursue. They must also have a functional understanding of software systems and at least some experience with coding. This requirement accounts for why many in the field pursue a Master of Science in Business Analytics or other graduate degree. While job seekers may be able to secure an entry-level position with a bachelor’s degree, most midcareer roles call for years of experience in business analysis and a strong grasp of computer system design.
How To Become a Business Systems Senior Analyst
If you’re interested in becoming a Business Systems Senior Analyst, one of the first things to consider is how much education you need. We’ve determined that 68.3% of Business Systems Senior Analysts have a bachelor’s degree. In terms of higher education levels, we found that 21.4% of Business Systems Senior Analysts have master’s degrees. Even though most Business Systems Senior 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 Business Systems Senior Analyst. When we researched the most common majors for a Business Systems Senior Analyst, we found that they most commonly earn Bachelor’s Degree degrees or Master’s Degree degrees. Other degrees that we often see on Business Systems Senior Analyst resumes include Associate Degree degrees or Diploma degrees.
You may find that experience in other jobs will help you become a Business Systems Senior Analyst. In fact, many Business Systems Senior Analyst jobs require experience in a role such as Business Analyst. Meanwhile, many Business Systems Senior Analysts also have previous career experience in roles such as Senior Business Analyst or Systems Analyst.
Entry-Level Business Systems Analyst Salary
Business systems analyst salaries tend to vary based on a candidate’s level of education, work experience and technical skills. According to the U.S. Bureau of Labor Statistics (BLS), the 2020 median annual salary for business systems analysts was $93,730. As with all professions, entry-level analysts earn lower wages than their senior-level counterparts; the BLS reports that the annual salary for the lowest 10% of earners was less than $56,510.
Entry-level business systems analysts with less than one year of experience had a median salary of around $59,000 as of October 2021, according to PayScale. Professionals with between one and four years of experience had a median annual salary of approximately $65,000.
Senior Business Systems Analyst Salary
According to October 2021 PayScale data, midcareer business systems analysts who have spent at least five years in the industry had a median salary of around $77,000, while those with 10-plus years of experience had a median salary of approximately $85,000. Additionally, the BLS reports that the top 10% of earners within the business systems analyst profession made more than $152,060.. However, as more companies prioritize data analytics skills and software coding expertise, wages for business systems analysts are expected to rise.
Much like in other occupations, wage estimates for business systems analysts are heavily tied to the industry and employer. In 2020, the highest-paying industry was information, with a median salary of $96,430, according to the BLS. The lowest-paying industry was government, which had a median wage of $82,560.
