In many cases, business analysts can be very well paid. It’s a respected position and one that companies are always seeking. The best businesses are always looking to push forward and innovate, and business analysts are the people that can facilitate this. As a result, businesses are often willing to pay a premium for the position. This is particularly on the mind of the biggest companies, who unsurprisingly will pay the best salaries for these positions.
This salary is also a marker of experience. More often than not, business analysts earn a respectable salary, and can use their position to grow into a more senior role. So, expectedly, business analysts are likely to become significantly better paid after a good few years in the role.
Junior business analysts can still start on a good salary, however. Roles can be advertised from £25,000, but tend to be more typically around the £30,000 mark. There are only a few sectors where you can guarantee a more secure graduate starting salary than that. Consequently, a career in business analysis is a very smart thing to pursue after graduating.
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