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Salaries for Business Analysts in 2014
The following are official results of exclusive Business Analysis (BA) Practitioners Salary Survey - the first salary survey for the BA profession owned and maintained exclusively by International Institute of Business Analysis (IIBA) for the benefit of BA practitioners. It is designed to gather information from all classes of BA practitioners.

The 2013 survey went out to an international audience and responses were received from 62 countries. We received 2,111 responses and were able to analyze data from 2,085 completed responses. Some entries were excluded for data integrity (e.g. salary information not included).

  • Business analysis professionals reported an average salary of $91,512 in 2012 which is more than double the average US salary (as reported by the Social Security Administration).

  • The average salary increased almost 10% from the 2010 survey from $82,493 to $91,512. This was almost three times the cost of living increase (3.6%) in the same time period.

  • The percentage of male respondents increased from 40.8% in 2010 to 43.6% in this year’s survey

  • More than 80% of respondents hold at least a Bachelor of Arts or Bachelor of Science degree

You can download the complete report here.

Trends found out in this Salary Survey:
  • 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 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 but more than half of the respondents did not indicate any response to this question so detailed income analysis was not performed based on certification

  • Male respondents generally earn more than female respondents with few exceptions. This trend should continue to be followed – there was some slight indication that the gender bias may be reducing in the newest entrants to the field, especially in the United States

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

  • The Finance and Insurance industry was the most popular industry in which respondents are working, followed by Information Technology

  • We have discovered several factors that may have an impact on your salary including years of experience, education, age, and industry.

Brief content of BA course: BA Fundamentals, Overview on CMMI, IIBA, BABOK, CBAP, CCBA, Software Development Life Cycle, SDLC Methodologies – Waterfall, Agile, Scrum, RUP, Iterative, Incremental, Lean, Extreme Programming (XP), etc, Enterprise Analysis, Business Architecture, Project Scope, Project Charter, Requirements Process, Planning, Management, Analysis, RACI Matrix, Work Efforts & Estimations, Requirements - Business, User, System, Functional, Non-Functional, Implementation and UI Requirements, Elicitation Techniques - Data Analysis, Models, Scenarios, Context Diagrams, Surveys, Questionnaire, Interviewing, Brainstorming, Reverse Engineering, Prototyping, Wire Frames, JAD – Joint Application Development, Requirements Validation, Review, Walkthrough, Sign Off, Unified Modeling Language (UML), Overview of UML2.x, Use Case diagrams, activity diagrams, UML tools, UI tools, Object-Oriented Approach, RTM - Requirements Traceability Matrix, Change Management, Risk Management, Impact Analysis, Gap Analysis, Versioning, Approvals, and UAT (User Acceptance Testing). Please download our BA Course Curriculum for complete details.

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