The average salary for a Business Analyst, Finance/Banking in India is ₹639,871.
Business Analyst, Finance/Banking by
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What Do Business Analyst, Finance/Bankings Do?
A business analyst is someone who scrutinizes the financial aspects of the business and determines if there are any changes that could be made to make the business more successful. A successful analyst needs a detailed mind that is able to analyze data and come to conclusions based on this data. Based on these conclusions the analyst makes recommendations and changes to improve the business.
A business analyst requires essentially two overarching goals. One is to be able to gather, analyze and…Read more
Business Analyst, Finance/Banking Tasks
- Coordinate, organize and direct organization of projects and processes related to the financial sector of the business.
- Develop and implement goals and procedures related to management of financial aspects of the business.
- Gather, analyze and interpret data in areas such as budgets, financial planning and forecasting, cash flow projections, etc.
Popular Employer Salaries for Business Analyst, Finance/Banking
The top respondents for the job title Business Analyst, Finance/Banking are from the companies Tata Consultancy Services Limited, HSBC and Axis Bank. Reported salaries are highest at American Express Co. (AMEX) where the average pay is ₹1,100,000. Other companies that offer high salaries for this role include HSBC and J.P. Morgan Chase & Co. (JPMCC), earning around ₹997,056 and ₹756,305, respectively. Genpact pays the lowest at around ₹450,094. Tata Consultancy Services Limited and Wipro also pay on the lower end of the scale, paying ₹568,827 and ₹676,895, respectively.
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Business Analyst, Finance/Banking
Somewhat common (8 - 20%)
Business Analyst, Finance/Banking Job Listings
What Are Popular Skills for Business Analyst, Finance/Bankings?
Skills in Business Analysis and Banking are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office, Financial Analysis and Microsoft Excel.
What is the Pay by Experience Level for Business Analyst, Finance/Bankings?
An entry-level Business Analyst, Finance/Banking with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹413,803 based on 166 salaries. An early career Business Analyst, Finance/Banking with 1-4 years of experience earns an average total compensation of ₹553,539 based on 609 salaries. A mid-career Business Analyst, Finance/Banking with 5-9 years of experience earns an average total compensation of ₹868,671 based on 393 salaries. An experienced Business Analyst, Finance/Banking with 10-19 years of experience earns an average total compensation of ₹1,250,693 based on 153 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹2,398,080.
Pay Difference by Location
Employees with Business Analyst, Finance/Banking in their job title in Pune, Maharashtra earn an average of 28.9% more than the national average. These job titles also find higher than average salaries in Mumbai, Maharashtra (9.2% more) and Chennai, Tamil Nadu (6.7% more). The lowest salaries can be found in Gurgaon, Haryana (18.7% less), New Delhi, Delhi (8.1% less) and Hyderabad, Andhra Pradesh (2.8% less).
Years of Experience
This data is based on 1,329 survey responses.