How Much Do Business Analysts Make?

Business analysts are in high demand, and their salaries reflect that. The average business analyst salary in the United States is $81,712 as of 2023. However, salaries can vary depending on experience, location, and industry.

Factors Affecting Business Analyst Salary

The following factors can affect a business analyst’s salary:

  • Experience: Business analysts with more experience typically earn higher salaries.
  • Location: Business analysts in high-cost areas, such as San Francisco or New York City, typically earn higher salaries than those in lower-cost areas.
  • Industry: Business analysts in certain industries, such as financial services or healthcare, typically earn higher salaries than those in other industries.
  • Certifications: Business analysts with certifications may earn higher salaries than those without certifications.

Highest Paying Business Analyst Jobs

The following are some of the highest paying business analyst jobs:

  • SAP Business Analyst: $101,000-$150,500 per year
  • Senior Business Process Analyst: $88,000-$148,000 per year
  • Functional Analyst: $90,000-$135,000 per year
  • Business Technology Analyst: $85,000-$130,000 per year
  • Clinical Business Analyst: $95,000-$140,000 per year
  • Technical Business Analyst: $92,000-$137,000 per year
  • Business Solutions Analyst: $87,000-$132,000 per year
  • Business Systems Analyst: $83,000-$128,000 per year

How to Increase Your Business Analyst Salary

There are a number of things you can do to increase your business analyst salary, including:

  • Gain more experience: The more experience you have, the more you will likely earn.
  • Get certified: Certifications can demonstrate your skills and knowledge to potential employers and can lead to higher salaries.
  • Network with other business analysts: Networking can help you learn about new opportunities and connect with people who can help you advance your career.
  • Stay up-to-date on the latest trends: The business analyst field is constantly evolving, so it is important to stay up-to-date on the latest trends. This will help you be more marketable to potential employers.