Salary for Business Analyst (System)
 

Hi,

Just to find out if anyone knows what's the salary like for a business analyst (system) in Associate level 2 ?

Should be around $5.5k

Hi, thanks for your prompt reply. 5.5k !?!

I am 29 and asking for 2.3k..is that way below the market rate ?My education level is just a diploma certificate in engineering and i have no prior experience in this field. I was serving as a civil servant and subseuqently went into the private sector 1 year ago therefore i am really clueless what the salary scale like.. Can anyone enlighten me more on this ?

When you mention Associate Level 2 means what exactly? I assumed its something similar to Senior Associate / Senior Business Analyst. Usually this a Assistant Manager position in most MNCs, so why are you applying for something like that with no relevant experience and degree?

Which company is it btw?

Oh.. In the first place, diploma holders are rarely given executive titled jobs... Not sure if the position offered to you in the organisation is really an executive "Analyst" job... On the salary you are asking for, typically diploma holders with roughly 5 years experience earns abt 2.2k - 2.4k... The sad fact for diploma holders is that their starting salary 10 years ago and today still hovers around 1.8k - 2k.. This is likely due to an abundance of degree holders as well as foreign workers with higher qualifications flooding the job market.... Better go and upgrade while you still can... Congratulations on leaving the civil service though, there's no hope for a diploma holder in there unless you want to be a support staff for you entire life......

Hi, not really convenient to reveal which company though but what i can say is that its in the insurance industry. Anyway level 1 referring to fresh entry graduates and level 2 is referring to personnel with some working experiences. This is what i was told. I was offered the vacancy but i was thinking if i could negotiate abit more and i was wondering if there will be adverse effect as i indicated the expected salary in my resume.

The job title can also be called a system analyst after some clarification. They did a benchmark on how much i was drawing previously and increased accordingly. My question is based on my scenario, is this the range of salary for this role that i should be drawing ?

TBH I think the company is smoking you. There is no way that a L2 Associate Analyst can be offered only 2.3k, even junior business analyst roles in most companies for fresh degree grads or very experience poly grads are paying about 3k. Your co. is finance industry some more should be higher still

Only 2 possible explanations:

1) They are trying to hammer your wages down in an attempt to cut cost or keep within some super tight budget. Maybe the previous person got short change with low wages and now the dept does not have additional budget for anything higher than status quo.

2) This isn’t really a Business Analyst Senior Associate role, it’s probably some junior admin non-executive job with a fancy title

Judging by the fact they are offering to people with no relevant experience and no degree, I think most likely is #2.

IMO w/o any relevant experience or degree, it’s hard to ask for >$2.3k anyway as they are essentially paying for a diploma freshie. The choice is yours, if you really want to tryout or keen to enter finance industry, can consider taking up.

But just walk in with open eyes that the job you will be doing for the next 2 years is not Business Analyst, but most likely something along the lines of System/Network/Platform Administrator.

Hi, I would like to ask... is $2800 enough for business analyst fresh grad?

Fresh grad is 3-3.4k now.

Can anyone please tell me what should be the expected salary of a Business Analyst having 5+yrs in banking domain.

I was asked to give my expected salary? Please help

5+ yrs is AVP or early VP, 8-9k

obviously not reading the news... thats bottom 10 percentile..

should be 4K - 4.5K for fresh

4-4.5k for fresh? So all those earning below this shud quit their job and reapply as fresh grad?

Can business analyst transit into banking line?
 

Fresh grad, currently seeking and considering my career path. At first, my plan is to try out for foreign banking back end roles, to climb from the start with quite a low pay of (2.3 - 2.8k) as analyst > associate > avp and etc. (I am aiming for fields with better prospect such as KYC, compliance or risk management fields.)

However, I happened to got a job offer for business analyst in a printer company and I do see some prospect as a business analyst. I am considering much and trying to compare the career path for both industry and versatility as a business analyst .

I am wondering if I were to accept my job offer, can my current job exp be transit into banking sector when I attain certain yrs of exp as a business analyst for my scenario. Will they level the salary and position with the yrs of exp that I have attain.

Let me quote a similar eg.

I got 5 yrs of exp as a business analyst/consultant in this printer company. One day, I wish to transit into banking industry, are these experience relevant and considered for a matched pay or senior banking roles such as avp or equivalent roles? (which means I no need to start from the scratch)

If is possible, what kind of field I should be looking at if i were to transit to banking industry as reference from the above eg. i quoted.

anyone could share urs expertise on the above post?

any idea if currently any company hiring business analyst (fresh grad)?

Prospect of a business analyst
 

Hi,

Currently fresh grad working as a business analyst for abt 6 mths, have intention for a switch due to some unhappiness events in this company. Currently, my workplace career progression, is business analyst for one year(subjective) den move on to consultant(work like hell) role.

Can anyone advise or share, the prospect of a business analyst and what are the other position, roles and industry I can be looking at with my little exp as a business analyst? As I wish to leave some option for myself other than being a business analyst in future.

what industry? real consulting or some product company?