How much does a business analyst earn?
Posted: Thu Jan 30, 2025 8:37 am
If you are considering a career as a business analyst, you probably want to know if you can earn a lot. Spoiler: maybe not right away, but the prospects are quite good! In this section, we will figure out what financial horizons you can count on when choosing this profession.
So, imagine that your career is a computer game, where with each level, the rewards grow. Here's what it looks like in reality:
Level "Newbie" (experience up to 1 year) : Here you are just starting your journey, and your salary can be up to 70,000 rubles per month. Not much, you say? But remember, you are only at the beginning of your exciting quest!
Middle level : Once you gain norway email list experience and improve your skills, you can expect a salary of 90,000 rubles. That's better, right?
Guru Level (Senior) : This is where things get interesting. Senior business analysts can earn from 140,000 rubles and up.
On average, business analysts in Russia earn between 59,000 and 98,000 rubles per month. Moreover, almost a third of vacancies indicate a salary of over 74,000 rubles.
How much does a business analyst earn
Source: shutterstock.com
But, as in any good RPG, a lot depends on the "location" you play on. In our case, on the city. The leaders in salary levels are predictably Moscow and St. Petersburg. In the capital, the average salary of a business analyst can reach 150,000 rubles, and in the Northern capital - about 146,778 rubles. Yekaterinburg and Izhevsk are also not far behind, offering salaries from 60,000 rubles.
In Novy Urengoy or Salekhard, you can buy as many as five standard consumer sets for a business analyst's salary. True, you'll have to get used to the cold winters!
Now let's look at salaries abroad.
In the US, for example, entry-level business analysts earn an average of $58,000 per year. And experienced professionals can expect an annual income of about $94,000. Not bad, huh?
But remember, salary is not a fixed number, but rather a range of possibilities. It is influenced by many factors:
Experience : The more, the better (and more expensive).
Education : A good theoretical background is always valuable.
Additional skills: Know Python or SQL? Your stock is rising!
Certificates : They are like medals in your professional "iconostasis".
Region : Geography still matters.
Company Size : Large corporations typically pay more, but also demand more.
In general, if you think that a career as a business analyst is your path to financial well-being, then you are on the right track. Of course, right after university you are unlikely to be able to earn a good income. But as your experience and skills grow, your financial prospects become more and more rosy.
So, imagine that your career is a computer game, where with each level, the rewards grow. Here's what it looks like in reality:
Level "Newbie" (experience up to 1 year) : Here you are just starting your journey, and your salary can be up to 70,000 rubles per month. Not much, you say? But remember, you are only at the beginning of your exciting quest!
Middle level : Once you gain norway email list experience and improve your skills, you can expect a salary of 90,000 rubles. That's better, right?
Guru Level (Senior) : This is where things get interesting. Senior business analysts can earn from 140,000 rubles and up.
On average, business analysts in Russia earn between 59,000 and 98,000 rubles per month. Moreover, almost a third of vacancies indicate a salary of over 74,000 rubles.
How much does a business analyst earn
Source: shutterstock.com
But, as in any good RPG, a lot depends on the "location" you play on. In our case, on the city. The leaders in salary levels are predictably Moscow and St. Petersburg. In the capital, the average salary of a business analyst can reach 150,000 rubles, and in the Northern capital - about 146,778 rubles. Yekaterinburg and Izhevsk are also not far behind, offering salaries from 60,000 rubles.
In Novy Urengoy or Salekhard, you can buy as many as five standard consumer sets for a business analyst's salary. True, you'll have to get used to the cold winters!
Now let's look at salaries abroad.
In the US, for example, entry-level business analysts earn an average of $58,000 per year. And experienced professionals can expect an annual income of about $94,000. Not bad, huh?
But remember, salary is not a fixed number, but rather a range of possibilities. It is influenced by many factors:
Experience : The more, the better (and more expensive).
Education : A good theoretical background is always valuable.
Additional skills: Know Python or SQL? Your stock is rising!
Certificates : They are like medals in your professional "iconostasis".
Region : Geography still matters.
Company Size : Large corporations typically pay more, but also demand more.
In general, if you think that a career as a business analyst is your path to financial well-being, then you are on the right track. Of course, right after university you are unlikely to be able to earn a good income. But as your experience and skills grow, your financial prospects become more and more rosy.