Salary for Entry-level / Junior Business Analyst during 2024

Salary details

The average entry-level / junior Business Analyst salary lies between USD 70,000 and USD 155,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Entry-level / Junior Business Analyst roles

The three most common job tag items assiciated with entry-level / junior Business Analyst job listings are Compliance, Agile and Governance. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Compliance | 28 jobs Agile | 22 jobs Governance | 19 jobs Strategy | 18 jobs Risk management | 17 jobs Computer Science | 16 jobs Analytics | 15 jobs Cloud | 15 jobs Clearance | 12 jobs C | 11 jobs Monitoring | 11 jobs IAM | 11 jobs CISSP | 10 jobs Jira | 10 jobs Scrum | 9 jobs Vulnerabilities | 8 jobs SailPoint | 8 jobs Confluence | 8 jobs Risk assessment | 7 jobs SANS | 7 jobs

Top 20 Job Perks/Benefits for Entry-level / Junior Business Analyst roles

The three most common job benefits and perks assiciated with entry-level / junior Business Analyst job listings are Career development, Health care and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 33 jobs Health care | 22 jobs Flex hours | 15 jobs Conferences | 13 jobs Competitive pay | 10 jobs 401(k) matching | 8 jobs Flex vacation | 8 jobs Equity / stock options | 7 jobs Insurance | 6 jobs Startup environment | 5 jobs Wellness | 3 jobs Medical leave | 3 jobs Parental leave | 2 jobs Transparency | 2 jobs Team events | 2 jobs Salary bonus | 2 jobs Travel | 1 jobs Fitness / gym | 1 jobs Yoga | 1 jobs Home office stipend | 1 jobs

Salary Composition

The salary for an entry-level or junior business analyst in InfoSec/Cyber Security typically consists of a base salary, performance bonuses, and sometimes additional remuneration such as stock options or profit-sharing. The base salary is the fixed component and usually makes up the majority of the total compensation package. Performance bonuses can vary significantly depending on the company’s policies and the individual's performance. Additional remuneration might be more common in larger companies or tech-heavy industries, where stock options or profit-sharing plans are used to attract and retain talent. Regional differences also play a role; for instance, salaries in tech hubs like Silicon Valley or New York City might be higher due to the cost of living and demand for skilled professionals.

Increasing Salary

To increase your salary from an entry-level position, consider gaining more experience and expertise in the field. This can be achieved by taking on more complex projects, seeking mentorship, and continuously updating your skills. Pursuing advanced certifications or a master's degree in a related field can also make you more competitive for higher-paying roles. Networking within the industry and attending relevant conferences can open up opportunities for advancement. Additionally, demonstrating leadership skills and the ability to drive business value through your work can position you for promotions and salary increases.

Educational Requirements

Most entry-level business analyst positions in InfoSec/Cyber Security require at least a bachelor's degree. Common fields of study include computer science, information technology, business administration, or a related discipline. Some employers may also consider candidates with degrees in other fields if they have relevant experience or certifications. A strong foundation in both technical and business concepts is often preferred, as the role involves understanding and bridging the gap between IT and business needs.

Helpful Certifications

Certifications can significantly enhance your qualifications and demonstrate your commitment to the field. Some common and beneficial certifications for a business analyst in InfoSec/Cyber Security include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified Information Systems Auditor (CISA)
• CompTIA Security+
• Certified Business Analysis Professional (CBAP)

These certifications can provide you with a deeper understanding of security principles and business analysis techniques, making you a more valuable asset to potential employers.

Required Experience

For an entry-level position, employers typically look for candidates with some relevant experience, which can be gained through internships, co-op programs, or entry-level roles in related fields. Experience in data analysis, project management, or IT support can be advantageous. Demonstrating familiarity with cybersecurity concepts and tools, as well as an understanding of business processes, can also be beneficial.

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