$62,563
Avg. Salary
$24.43
Avg. Hourly Rate

Average additional compensation:

$4,920

Bonus

$2,172

Profit Sharing

$15,100

Commission

What am I worth?
How should I pay?

The average pay for a Business Analyst, Finance/Banking is $24.43 per hour.

The average pay for a Business Analyst, Finance/Banking is $62,563 per year.

10%
$15.65
10%
$24.43
50%
$48.24
90%
90%
MEDIAN $24.43
10%
$43k
10%
$63k
50%
$95k
90%
90%
MEDIAN $62,563
$43,481 - $94,868
$43K
$63K
$95K
MEDIAN: $62,563
10%
50%
90%

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$15.65 - $48.24
$16
$24
$48
MEDIAN: $24.43
10%
50%
90%

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$0$100K
Salary $43,481 - $94,868
Bonus $1,002 - $12,677
Profit Sharing $0.00 - $11,353
Commission $15,100
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).
)
$41,780 - $100,879
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 2,540
Hourly Data $0$54
Hourly Rate $15.65 - $48.24
Hourly Tips $2.85
Overtime $19.87 - $54.33
Annual Data $0$100K
Bonus $1,002 - $12,677
Commission $15,100
Profit Sharing $0.00 - $11,353
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).
)
$41,780 - $100,879
  • Country: United States
  • Currency: USD
  • Updated: 17 Mar 2019
  • Individuals Reporting: 411

Job Description

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.

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.

Common Career Paths


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Finance & Banking Business Analysts who go on to become Management Consultants may see their salaries climb quite a bit. Median pay for Management Consultants is $93K annually. Senior Financial Analysts or Senior Business Analysts are common next-step roles for Finance & Banking Business Analysts moving up in their careers; annual pay for Senior Financial Analysts is $14K higher on average, and it's $23K higher for Senior Business Analysts.

Job Listings

Popular Skills


Survey takers working as Finance & Banking Business Analysts report using a large range of professional skills. Most notably, skills in SAS, Process Improvement, SQL, and Project Management are correlated to pay that is above average, with boosts between 11 percent and 20 percent. Skills that are correlated to lower pay, on the other hand, include Windows Operating System General Use, Document Review and Distribution, and Microsoft Word. Most people familiar with Microsoft Excel also know Microsoft Office and Financial Analysis. Most people familiar with Data Analysis also know Financial Analysis and Microsoft Office.

Pay by Experience Level

Pay by Experience for a Business Analyst, Finance/Banking has a positive trend. An entry-level Business Analyst, Finance/Banking with less than 5 years of experience can expect to earn an average total compensation of $58,000 based on 926 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Analyst, Finance/Banking with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $72,000 based on 379 salaries. An experienced Business Analyst, Finance/Banking which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $79,000 based on 255 salaries. A Business Analyst, Finance/Banking with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $83,000 based on 62 salaries.

Pay Difference by Location

National Average: $63,678

Larger city markers indicate a job is popular in that location.

For Finance & Banking Business Analysts, San Francisco provides a pay rate that is 31 percent greater than the national average. Finance & Banking Business Analysts will also find cushy salaries in New York (+30 percent), Houston (+19 percent), Seattle (+14 percent), and Washington (+10 percent). The lowest-paying market is Buffalo, which sits 32 percent below the national average, proving that location is a significant contributor to overall pay. Employers in Pittsburgh and Columbus also lean toward paying below-median salaries (13 percent lower and 10 percent lower, respectively).

Job Reviews

Q: What is it like working as a Business Analyst, Finance/Banking?

Business Analyst, Finance/Banking in West Des Moines:
"Great to work in WDSM."
Pros: Safe and close to home
Cons: Not much

Business Analyst, Finance/Banking in Buffalo:
"Working in buffalo."
Pros: Less traffic, more parking, good people
Cons: Not considered a place of growth

Business Analyst, Finance/Banking in Little Rock:
"Love working in downtown LR."
Pros: Great lunch spots. Being in the know of events going on.
Cons: Commuting through traffic in the mornings.

Business Analyst, Finance/Banking in San Jose:
"12 years of exp in finance."
Confidence and attention to detail is more important.

Business Analyst, Finance/Banking in Louisville:
"Work flexibility, office conditions."
Pros: Flexibility.
Cons: Stress level, work load.

Business Analyst, Finance/Banking in Troy:
"More techniques of BA skills."
When I started out learning how to be a BA one of the best tools was getting books on different techniques / methods. Know how to diagram and understand logical flows. Be a solid communicator and even better listener, be patient, do not judge.

Business Analyst, Finance/Banking in New York:
"Modernize."
Finance firms are behind the technology curve. Push to modernize data and systems.

Related Job Salaries

Gender

Female
42 %
Male
58 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 499 votes.
Less than 1 year
10%
1-4 years
49%
5-9 years
21%
10-19 years
16%
20 years or more
5%

How Experience Affects Salaries

▲30%

▲25%

▲13%

National Average
$64,000

▼9%

How Skills Affect Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 499 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
10%
1-4 years
49%
5-9 years
21%
10-19 years
16%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
no benefits
None: 12%