Business Analyst

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Business Analyst Salary in Mumbai

based on 11.4k latest salaries

Average Annual Salary

10.3 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

52,441 - ₹ 53,744

Business Analyst salary in Mumbai ranges between ₹ 3.0 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 10.3 Lakhs. Salary estimates are based on 11.4k latest salaries received from Business Analysts.

Last Updated: 13 July, 2024

Salaries in different departments

Data Science & Analytics
Business Analyst Salary
1 - 8 years exp. (5.2k salaries)
10.4 Lakhs

₹3 L/yr - ₹16 L/yr

Engineering - Software & QA
Business Analyst Salary
1 - 8 years exp. (659 salaries)
10.5 Lakhs

₹3 L/yr - ₹16 L/yr

BFSI, Investments & Trading
Business Analyst Salary
1 - 8 years exp. (589 salaries)
10.6 Lakhs

₹3 L/yr - ₹16 L/yr

Finance & Accounting
Business Analyst Salary
1 - 8 years exp. (418 salaries)
10.6 Lakhs

₹3 L/yr - ₹16 L/yr

Project & Program Management
Business Analyst Salary
1 - 8 years exp. (377 salaries)
10.1 Lakhs

₹3 L/yr - ₹16 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Business Analyst salary in Mumbai with less than 1 year of experience to 9 years ranges from ₹ 3.0 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 10.3 Lakhs based on 11.4k latest salaries.

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Top Paying Companies for Business Analyst Select an experience to unlock

Company name Avg Annual Salary
26.1 Lakhs
24.3 Lakhs
24.1 Lakhs
23.2 Lakhs
23 Lakhs
View more companies

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(13.2k salaries)
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₹3.2 L/yr - ₹9 L/yr
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28.2 Lakhs
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4 Lakhs
₹1.8 L/yr - ₹7.2 L/yr
13.7 Lakhs
₹5 L/yr - ₹21.2 L/yr

Top Skills for Business Analysts

based on 37,943 jobs

Skills

Jobs demanding the skill

1

Business Analysis

View jobs

4

Project Management

View jobs

5

Data Analysis

View jobs

Popular Companies for Business Analyst in Mumbai

Company Name Avg Annual Salary
0 - 13 yrs exp.  .  Mumbai (1.1k salaries)

9 Lakhs

₹3.7 L/yr - ₹14 L/yr

0 - 11 yrs exp.  .  Mumbai (383 salaries)

10 Lakhs

₹4.1 L/yr - ₹16.5 L/yr

0 - 13 yrs exp.  .  Mumbai (316 salaries)

10.8 Lakhs

₹4.6 L/yr - ₹17 L/yr

0 - 13 yrs exp.  .  Mumbai (237 salaries)

9.4 Lakhs

₹4 L/yr - ₹16 L/yr

1 - 10 yrs exp.  .  Mumbai (218 salaries)

10.5 Lakhs

₹5 L/yr - ₹16.5 L/yr

1 - 15 yrs exp.  .  Mumbai (218 salaries)

15.6 Lakhs

₹6.9 L/yr - ₹25.6 L/yr

1 - 12 yrs exp.  .  Mumbai (180 salaries)

11.3 Lakhs

₹5.4 L/yr - ₹18.8 L/yr

1 - 10 yrs exp.  .  Mumbai (140 salaries)

10 Lakhs

₹4 L/yr - ₹15.5 L/yr

1 - 12 yrs exp.  .  Mumbai (137 salaries)

13.6 Lakhs

₹7.4 L/yr - ₹21.5 L/yr

2 - 11 yrs exp.  .  Mumbai (134 salaries)

13 Lakhs

₹6.1 L/yr - ₹22.8 L/yr

Salary related reviews by similar designations like Business Analyst

HSBC Group

Business Analyst in Kolkata

5.0
posted on 05 Jul 2024

4.0 for Salary and Benefits

Likes

Almost everything, good work life balance, achievable targets, freedom to experiment around with the work itself, ESG programs. It is a all you need in one place kind of job. +1 to the leaders of company, they actually teach you a lot. Really happy to be here.

read more

Dislikes

Not very competitive Salary :,)

Accenture

Team Lead in Kolkata

4.0
posted on 28 Jun 2024

3.0 for Salary and Benefits

Likes

Work life balance and respect for the individual is the great thing we follow here. Everyone is heard. You will never feel wrongly judged or any kind of demeaning politics inside teams.

read more

Dislikes

...ent salary not matching market value, people are frustrated and leaving company. Even the variable pay also didn't happen as per outcome.

read more

HCLTech

Senior Software Engineer in Pune

3.0
posted on 24 Apr 2024

3.0 for Salary and Benefits

Likes

Offers good career growth opportunities. You get to learn new technologies, which is great for freshers starting their careers.

read more

Dislikes

When it comes to incremental and appraisal are don’t like. They are usually small even when you work hard, the increase in salary isn’t much.

read more

TCS

Associate in Chennai

5.0
posted on 12 May 2024

4.0 for Salary and Benefits

Likes

work life balance and friendly environment

Dislikes

HIkes . salary package is not good for freshers. it will increase with 8% of basic salary which is very less. if u have experience u can come up with good package

read more

Wipro

Deputy Manager in Pune

4.0
posted on 15 Jul 2024

4.0 for Salary and Benefits

Likes

Salary is a perk if you are in right process.

Dislikes

Office politics even if your team size is as tiny as 3 still you can face office politics, people on higher post doesn't have time to address problems of the associates. If you are in wipro then you are on your own..if you win, you win if you lose you lose nobody is there for backup. Huge gap between CTC and In hand.

read more

Frequently Asked Questions about Business Analyst Salaries

What is the salary of a Business Analyst in India?
Average salary for a Business Analyst in India is 10.3 Lakhs per year (₹86.0k per month). Salary estimates are based on 11.4k latest salaries received from various Business Analysts across industries.
What are the top paying companies that employ Business Analysts?
What is the starting salary for a Business Analyst in India?
Average starting Salary for Business Analyst in India is around ₹3.0 Lakhs per year (₹25.0k per month). 1 year of minimum experience is required to be a Business Analyst.
What is the highest salary for a Business Analyst in India?
Highest salary that a Business Analyst can earn is ₹16.0 Lakhs per year (₹1.3L per month).
How does Business Analyst Salary in India change with experience?
An Entry Level Business Analyst with less than three years of experience earns an average salary of ₹6.2 Lakhs per year. A mid-career Business Analyst with 4-9 years of experience earns an average salary of ₹9.3 Lakhs per year, while an experienced Business Analyst with 10-20 years of experience earns an average salary of ₹13.3 Lakhs per year.
What are the top paying industries for Business Analyst in India?
What are the top paying cities for Business Analyst in India?
What are the popular/top skills required to become a Business Analyst?
These are the top skills of a Business Analyst based on 37.9k jobs posted by employers.
  • Business Analysis
  • SQL
  • Agile
  • Project Management
  • Data Analysis