What is the scope of a career as a business analyst in India?

Hi Career Path of a Business Analyst A Senior Business Analyst can become a Lead Business Analyst within 4-8 years and earn between 7.32 lacs INR to 30 lacs INR, with an average salary of 14 lacs INR, according to data from 356 Lead Business Analysts working in India, as mentioned by Payscale. The demand for business analysts is very high among companies, small-scale options, and enterprises. Study estimates reveal that the job market for business analytics will grow at a CAGR of 14.3% by 2026. Companies are willing to pay higher salaries to analysts, especially certified expert-level professionals Once a Business Analyst gain's knowledge he/she can become a Project manager, Functional consultant, a product owner/analyst, Pre-sales consultant, or can even become IT PMO in the organisation since the exposure is more across SDLC.

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The business analyst's work is to analyze the business requirements and design solutions to specific business issues. It is one of the most popular fields in India's job market, specifically for commerce graduates. A business analyst joins a company as an intern or associate and, later, with experience, can reach the position of senior manager. According to multiple studies, the job market for business analytics is expected to grow at a rate of 14.3% by 2026. The entry-level salary for a business analyst can be up to Rs. 3.4 LPA in India. The companies hiring Business analyst includes TCS, IBM, GATE Global solutions ltd. , etc.

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The demand for business analysts is very high among companies, small-scale options, and enterprises. Being a business analyst is a good career choice and provides an opportunity for life-long learning and addressing challenges to provide solutions to business problems. You have the opportunity to work in different sectors and industries to apply your skills. You can get a job in business as well as other sectors like IT, Healthcare etc. That need time to time analysis.

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