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How much can I earn in next five years as a Business Analyst ?

I am confused , can you help me out


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RE: How much can I earn in next five years as a Business Analyst ?

Dr Aparna
Dr Aparna
Verified Career Expert
PhD Organizational Psychology
  • Hosur

Hello!


Thank you for choosing Meracareerguide and writing to us. I understand you are asking about job and salary prospects of a Business Analyst in five years time frame. To be honest, any career will take you through the right growth if you are a person who could develop personal and technical skills, identify suitable opportunities for you and make effective use of them. I would first give you a big picture of the career path a Business Analyst would go through in 0-5 years.

As you will see from the above picture, you have three options to mark your career as a Business Analyst. This first phase will take any where between zero to three/four years to help you acquire and master the essential skills and then move into the next level of your career. Ideally as the three options, you can start as a Business Analyst as a fresh MBA graduate and their annual pay could start anywhere between 3lakh to 7lakh. Well established MNC's are the highest with their starting pay and you could easily expect a pay of 6-7 lakh with them. In case you are working with a growing/start up company, they could offer a fresher any where between 3.0 to 3.5 lakh. The above salaries could be expected for someone with an MBA degree from a reputed B-School. In case, you don't have an MBA, but hold a Masters in IT/ Computer science, MNC's and startups would offer you entry level roles like a Developer, Quality Analyst, Industry Analyst and Domain Analyst. WIth a Masters degree, a fresher could expect a pay between 4.5 to 6 lakh with MNC's and a startup could offer you anywhere between 2.8-3.5lakh initially.


You have to master your analyst skills and it takes minimum two years or a maximum four years to go to the next level, 'IT Business Analyst' position. You could expect a minimum 15-30% hike (largely depends on the company where you work) from your basic salary on which you initially started as a fresher. You will again spend minimum a year or two in this role and depending on your performance you could be moved on to the next level, Senior/Lead Business Analyst or Sales/Business development. If you are at a startup, you could expect your salary range between 4.5-6.0 lakh and if at an MNC you could expect 8.5 to 10.0. There are very few MNC's who have a high pay scale like these but it is nominal to see a range of 6-7.5lakh. AT the end of five years you will be an SME, getting a pay of 10+ at MNC or a pay of 7.5+ with startups. Hope this picture helps you.

Good luck.
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Caching Date: 3/3/2026 10:14:26 AM