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Did you know... Jan 2014
January 28, 2014

 

Business Analyst Salary Survey – The Results Are In!


The results of the 2013 Business Analyst Salary Survey, recently conducted by the International Institute of Business Analysts, (IIBA), have now been published.

 

This survey was completed by over 2,000 business analyst professionals, from more than 60 countries.

 

There were several overall trends found throughout the countries: 

 

  • Years of experience had a strong correlation to income levels – income increased as years of experience increased
  • Education also had a correlation to income levels, but this varied based on country

  • Age had a strong correlation to income levels – income increased as age increased, until 55 – 65 years and above

  • Certification holders seem to receive higher levels of income, on average

  • Male respondents generally earn more than female respondents with few exceptions.

  • Average salary has increased from the last salary survey and in some countries at a higher rate than the cost of living increase

     

A detailed income analysis was completed for the top seven responding countries: United States, Canada, Australia, India, United Kingdom, New Zealand and South Africa, with the findings as follows: 

 

  • In Australia, business analysts professionals reported an average salary of $111,949, in 2012, which is more than thirty percent higher than the average Australian salary

  • In the United States, business analyst professionals reported an average salary of $91,512, in 2012, which is more than double the average US salary

  • In Canada, business analyst professionals reported an average salary of $88,985, in 2012

  • In the United Kingdom, business analyst professionals reported an average salary of $88,745, in 2012

  • In New Zealand, business analyst professionals reported an average salary of $85,059, in 2012.

  • In South Africa, business analyst professionals reported an average salary of $57,893, in 2012

  • In India, business analyst professionals reported an average salary of $18,086, in 2012

     

Of course any survey will not account for natural regional variations, but this survey, by its very nature, serves as a good benchmark, to check the pulse of how the industry is maturing and valued.

 

For more details on how to learn more about becoming a professional Business Analyst or earning industry recognised international credentials, in Business Analysis, please visit www.peakperformancepm.com.au or contact us directly on customercare@peakperformancepm.com.au for assistance.