In many cases, business analysts are very well paid. The best businesses are always looking to push forward and innovate, and business analysts are the people that can facilitate this. It’s a respected position and one that companies are always seeking.
As a result, businesses are often willing to offer a premium salary when advertising a business analyst job vacancy. This is particularly on the mind of the biggest companies, who will unsurprisingly pay higher business analyst wages in order to recruit the best in the field. So, a business analyst average salary is usually around the £50,000+ mark.
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 for a graduate Business Analyst job. 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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