2024 Salary Trends for Business Analysts

1

Business Analyst

Salary: ₹6L - ₹12L (2-4 years experience) Responsibilities: – Conduct data analysis and reporting – Improve business processes – Collaborate with stakeholders to understand business needs – Translate business requirements into actionable insights – Support project teams with data-driven recommendations

2

Lead Business Analyst / Team Lead Business Analyst

Salary: ₹9L - ₹15L (5-7 years experience) Responsibilities: – Oversee a team of business analysts – Guide data interpretation and analysis – Manage projects and timelines – Develop and implement strategic plans – Ensure alignment with organizational goals – Facilitate communication between teams and stakeholders

3

Principal Business Analyst

Salary: ₹14L - ₹27L (8+ years experience) Responsibilities: – Lead large-scale projects – Develop business strategies and solutions – Provide high-level insights to senior management – Conduct in-depth industry analysis – Mentor and train junior analysts – Utilize advanced business analysis methodologies

4

Director of Business / Head Business Analyst

Salary: ₹18L - ₹30L (8+ years experience) Responsibilities: – Oversee the entire business analysis function – Drive strategic initiatives and projects – Manage cross-functional teams – Ensure business goals align with corporate objectives – Develop and implement business policies – Foster innovation and process improvement

5

Chief Business Analyst

Salary: ₹17L - ₹30L (8+ years experience) Responsibilities: – Lead the business analysis department – Collaborate with C-suite executives – Shape and drive business strategies – Analyze market trends and data – Support organizational growth with insights – Ensure departmental goals align with corporate strategy

6

Senior Director of Business

Salary: ₹25L - ₹30L (8+ years experience) Responsibilities: – Oversee multiple departments related to business analysis – Ensure alignment with corporate goals and objectives – Set strategic priorities for the organization – Drive business performance through data-driven decisions – Lead strategic planning and execution – Facilitate cross-departmental collaboration and innovation

Join the ranks of successful professionals who have chosen Great Learning's PG courses to master the skills required  to become Business Analyst

– Learn anytime, anywhere. – Access weekly online mentorship by experts. – Receive dedicated program support.

Enroll today and take your first step towards a successful future as a Business Analyst.