Business Analysis Manager, IT Salary
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|Salary||$63,026 - $127,820|
|Bonus||$2,576 - $23,270|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$64,263 - $141,551|
Job Description for Business Analysis Manager, IT
Information technology (IT) business analysis managers are in charge of managing different project analysis tasks for their organization. They are responsible for providing accurate, detailed reports on using IT resources to increase profitability and efficiency within the company. They identify technology-related opportunities, stay on top of current market trends, conduct assessments of processes' impacts on the business, and design solutions. They evaluate the system requirements for development and project management, as well as share key information with other managers. Generally, IT business analysis managers oversee a group of business analysis professionals and direct them to identify crucial business areas that require change or observation.Read More...
The IT business analysis manager's main functions include evaluating operational flows, defining process models, observing business processes, and suggesting changes to improve their current functioning. Generally, these managers report to the business analysis lead or vice president in their organization. They use a personal computer as one of their main tools to create complex algorithms and analysis documentation.
A bachelor's degree in information science, project management, or a related field is required for this job. In addition, previous managerial experience may be preferred. IT business analysis managers must be able to multitask on a variety of projects and have an excellent understanding of business risk and analysis methodology. These managers should also have professional experience with modern computer systems and devices, and they must work well on their own and in a team environment. They must use excellent problem-solving abilities to find effective solution to business problems, as well as possess excellent communication skills.
Business Analysis Manager, IT Tasks
- Hire, review, and fire non-management employees.
- Recommend and report to management schedule, feature, and resource prioritization and status across projects.
- Plan, direct, and coordinate business analysis aspects of an information technology project development.
- Plan, direct and coordinate daily activities of a department/group/team.
Popular Skills for Business Analysis Manager, IT
Just a handful of professional skills are reported by IT Business Analysis Managers who took the survey. Most notably, skills in Requirements Analysis, Business Analysis, Project Management, and Microsoft Office are correlated to pay that is above average. Skills that pay less than market rate include SQL. Most people who know Business Analysis also know Project Management.
Pay by Experience Level for Business Analysis Manager, IT
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Relatively untried employees who have fewer than five years of experience earn around $79K on average. People who have worked for five to 10 years can expect a higher median salary of $93K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $116K. Survey participants with more than twenty years of experience only make around $101K on average, though; this group reports a lower median than the one claimed by mid-career individuals.
Pay Difference by Location
For IT Business Analysis Managers, busy New York offers a higher-than-average pay rate, 17 percent above the national average. IT Business Analysis Managers will also find cushy salaries in Boston (+14 percent) and Columbus (+13 percent). With compensation 11 percent below the national average, Chicago is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Atlanta and Minneapolis earn salaries that trail the national average for those in this profession (10 percent less and 2 percent less, respectively).
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Key Stats for Business Analysis Manager, IT
Rated 5 out of 5
based on 15 votes.