Algo IQ Software Solutions Business Analyst Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹2.4 Lakhs - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

63% less than the average Business Analyst Salary for 1 - 2 years of experience

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Salaries in different departments

Project & Program Management Business Analyst Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.3 L/yr
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Product Management Business Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.7 L/yr

Last Updated: 25 Jan 2025

Companies similar to Algo IQ Software Solutions for Business Analyst

Company name	Avg Annual Salary	Open Jobs
TCS Business Analyst Salary 0 - 13 years exp. (9k salaries)	₹4 L/yr - ₹15.1 L/yr 146% more
Genpact Business Analyst Salary 0 - 12 years exp. (5.1k salaries)	₹4 L/yr - ₹12.3 L/yr 119% more	3 job openings
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Accenture Business Analyst Salary 0 - 11 years exp. (3.6k salaries)	₹4.1 L/yr - ₹17.7 L/yr 176% more	64 job openings
Wipro Business Analyst Salary 0 - 13 years exp. (2.9k salaries)	₹4.5 L/yr - ₹18 L/yr 189% more	40 job openings
Cognizant Business Analyst Salary 0 - 13 years exp. (2.6k salaries)	₹5 L/yr - ₹19.1 L/yr 223% more
Deloitte Business Analyst Salary 1 - 8 years exp. (1.4k salaries)	₹4.7 L/yr - ₹19 L/yr 217% more	2 job openings
Capgemini Business Analyst Salary 0 - 12 years exp. (1.5k salaries)	₹4.5 L/yr - ₹18.9 L/yr 207% more	10 job openings
Tech Mahindra Business Analyst Salary 0 - 11 years exp. (1.4k salaries)	₹4 L/yr - ₹17.2 L/yr 173% more	4 job openings
Amazon Business Analyst Salary 0 - 10 years exp. (1.4k salaries)	₹7 L/yr - ₹22.7 L/yr 278% more	42 job openings
IBM Business Analyst Salary 1 - 20 years exp. (1.3k salaries)	₹6.4 L/yr - ₹24.8 L/yr 326% more	2 job openings
Infosys Business Analyst Salary 1 - 10 years exp. (1.3k salaries)	₹4 L/yr - ₹17 L/yr 168% more	4 job openings
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HCLTech Business Analyst Salary 1 - 12 years exp. (1.3k salaries)	₹4.3 L/yr - ₹17.5 L/yr 169% more
ICICI Bank Business Analyst Salary 0 - 12 years exp. (955 salaries)	₹4 L/yr - ₹15 L/yr 151% more
LTIMindtree Business Analyst Salary 1 - 12 years exp. (903 salaries)	₹5.3 L/yr - ₹22 L/yr 253% more	2 job openings
DXC Technology Business Analyst Salary 1 - 10 years exp. (872 salaries)	₹3.6 L/yr - ₹14 L/yr 132% more
HDFC Bank Business Analyst Salary 0 - 13 years exp. (781 salaries)	₹4.3 L/yr - ₹16.1 L/yr 185% more	4 job openings
JPMorgan Chase & Co. Business Analyst Salary 2 - 14 years exp. (531 salaries)	₹7.5 L/yr - ₹28.9 L/yr 350% more
Axis Bank Business Analyst Salary 0 - 10 years exp. (586 salaries)	₹4.5 L/yr - ₹18.2 L/yr 188% more
Ernst & Young Business Analyst Salary 1 - 9 years exp. (344 salaries)	₹5 L/yr - ₹21 L/yr 234% more	5 job openings
Mphasis Business Analyst Salary 1 - 9 years exp. (317 salaries)	₹4.2 L/yr - ₹17 L/yr 173% more

View all

Business Analyst salary at Algo IQ Software Solutions ranges between ₹2.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Algo IQ Software Solutions.

Experience wise Algo IQ Software Solutions Business Analyst salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in Algo IQ Software Solutions

Department Head Salary

(AmbitionBox Estimate)

₹24.8 L/yr - ₹31.6 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Back Office Executive Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Algo IQ Software Solutions Business Analyst Salary FAQs

What is the salary of Business Analyst at Algo IQ Software Solutions ?

The average salary of a Business Analyst at Algo IQ Software Solutions in India typically ranges from ₹2.4 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Business Analyst at Algo IQ Software Solutions earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Business Analyst Salaries at Algo IQ Software Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Algo IQ Software Solutions employees in India.

What is the estimated take home salary of a Business Analyst at Algo IQ Software Solutions in India?

The estimated take-home salary of a Business Analyst at Algo IQ Software Solutions in India typically ranges from ₹26,760 to ₹28,172 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Algo IQ Software Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Algo IQ Software Solutions for Business Analyst in India?

JPMorgan Chase & Co.	₹7.5 Lakhs to ₹28.9 Lakhs per year
IBM	₹6.4 Lakhs to ₹24.8 Lakhs per year
Amazon	₹7.0 Lakhs to ₹22.7 Lakhs per year
LTIMindtree	₹5.3 Lakhs to ₹22.0 Lakhs per year
Reliance Retail	₹5.5 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Algo IQ Software Solutions, depending on the role and experience level.

What is the salary of a Business Analyst in companies similar to Algo IQ Software Solutions in India?

The salary of a Business Analyst at companies similar to Algo IQ Software Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PwC	₹5.1 Lakhs to ₹20.9 Lakhs per year
Ernst & Young	₹5.0 Lakhs to ₹21.0 Lakhs per year
Cognizant	₹5.0 Lakhs to ₹19.1 Lakhs per year
Deloitte	₹4.7 Lakhs to ₹19.0 Lakhs per year
Capgemini	₹4.5 Lakhs to ₹18.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Analyst at Algo IQ Software Solutions in India?

The salary growth for a Business Analyst at Algo IQ Software Solutions depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at Algo IQ Software Solutions:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Algo IQ Software Solutions Business Analyst Salaries

Algo IQ Software Solutions Business Analyst salary in India ranges between ₹2.4 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Algo IQ Software Solutions latest salaries received from various employees of Algo IQ Software Solutions.