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HSBC Group Senior Business Analyst salaries in Mumbai

Annual salary range
6 - 13 years exp.
₹13 Lakhs - ₹32 Lakhs
Salary of majority employees
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Fixed (88%)
₹19.2 Lakhs
Variable (12%)
₹2.5 Lakhs
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41% more than the average Senior Business Analyst Salary in Financial Services Companies for 6 - 13 years of experience

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Salaries in different departments

Data Science & Analytics
Senior Business Analyst Salary
12 - 13 years exp. (3 salaries)
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₹20 L/yr - ₹32 L/yr

IT & Information Security
Senior Business Analyst Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹19.3 L/yr - ₹24.9 L/yr

Consulting
Senior Business Analyst Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹28.2 L/yr

Project & Program Management
Senior Business Analyst Salary
6 years exp. (AmbitionBox Estimate)
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₹22 L/yr - ₹30.9 L/yr

Last Updated: 9 May 2024

Companies similar to HSBC Group for Senior Business Analyst in Mumbai

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HSBC Group Senior Business Analyst Salary

6 - 13 years exp. (9 salaries)

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₹13 L/yr - ₹32 L/yr

vs
Company name Avg Annual Salary Open Jobs
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BNP Paribas Senior Business Analyst Salary

7 - 14 years exp. (115 salaries)

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₹10 L/yr - ₹30 L/yr

arrow icon 3% less
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Citicorp Senior Business Analyst Salary

2 - 13 years exp. (33 salaries)

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₹22 L/yr - ₹35 L/yr

arrow icon 17% more
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₹8 L/yr - ₹28 L/yr

arrow icon 16% less
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UBS Senior Business Analyst Salary

3 - 15 years exp. (27 salaries)

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₹8.2 L/yr - ₹33 L/yr

arrow icon 13% less
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Marsh McLennan Senior Business Analyst Salary

6 - 13 years exp. (15 salaries)

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₹10.2 L/yr - ₹25.3 L/yr

arrow icon 12% less
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₹9 L/yr - ₹36.7 L/yr

arrow icon 5% less
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₹9 L/yr - ₹32.8 L/yr

arrow icon 1% more
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BNY Senior Business Analyst Salary

4 - 6 years exp. (3 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 40% less
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₹6.3 L/yr - ₹8 L/yr

arrow icon 68% less
Senior Business Analyst salary at HSBC Group ranges between ₹13 Lakhs to ₹32 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 9 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Senior Business Analyst in Mumbai

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Experience wise HSBC Group Senior Business Analyst salaries in Mumbai

Last Updated: 9 May 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹16.7 L/yr - ₹21.3 L/yr
7 years (AmbitionBox Estimate)

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₹17.6 L/yr - ₹22.5 L/yr
8 years (AmbitionBox Estimate)

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₹18.6 L/yr - ₹23.7 L/yr
9 years (AmbitionBox Estimate)

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₹19.5 L/yr - ₹24.9 L/yr
10 years (AmbitionBox Estimate)

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₹20.5 L/yr - ₹26.1 L/yr
View all
HSBC Group Senior Business Analyst Salary and Career Growth

From

To

Senior Business Analyst

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3 - 15 years exp.

Lead Business Analyst

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9 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HSBC Group

Analyst Salary
(27 salaries)
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₹5.5 L/yr - ₹23.3 L/yr
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₹5.16 L/yr - ₹14.94 L/yr
Data Scientist Salary
(5 salaries)
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₹10.03 L/yr - ₹28.02 L/yr

Top skills at HSBC Group for Senior Business Analyst

Financial Services Agile Coaching Change Management JIRA Analytical Chemistry MS Office Private Banking IT Business Analysis Project Management Scrum Business Analysis Stakeholder Engagement Software Configuration Management Identity Access Management Risk Management

Salary related reviews for HSBC Group

Data Science & Analytics Department

4.0
  •  posted on 28 Aug 2022

3.0
 for  Salary and Benefits

Likes

1. Flexibility in working hours. 2. Plenty Work from home opportunities. 3. Room for grooming and learning. 4. Work Life balance 5. Good policies and many leaves 6. Support , guidance and help from collogues and managers 7. Many Team building activities

read more
  • Skill development - Good
  • +3 more

Dislikes

1. Hikes are not that appropriate 2. Huge difference is salary of same experienced person as lateral hired person gets tremendous hike as compare to existing employee. 3. All leaves need to be utilized 4. Behind in adopting latest technologies as compare to other banks 5. Continuous changes in strategies, leaders, organization and team structure 6. Layoffs after 3-4 years 7. Budgeting issues 8. No onsite opportunities

read more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 26 Feb 2025

2.0
 for  Salary and Benefits

Likes

If you go to right team then plenty of opportunity to do experiments and high end work. And easy team switches

  • Skill development - Excellent
  • +3 more

Dislikes

Promotion and salary growth is too slow. No meritocratic rank ordering. No fairness in pay distribution across band. You might be killing youself at the job and you also might be at low pay but you would never be corrected or even fairly compensated

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 21 Feb 2025

1.0
 for  Salary and Benefits

Dislikes

Salary hike is not based on your year long hardwork but rather on your salary band in comparison to company' average. That means what ever hard work you do it doesn't matter or not cared rather as you are in a higher salary band

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

read more
  • Skill development - Good
  • +5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 26 Apr 2023

3.0
 for  Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

read more
  • Skill development - Good
  • +5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

read more
see more salary related reviews

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HSBC Group Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at HSBC Group in Mumbai?
The average salary of a Senior Business Analyst at HSBC Group in Mumbai typically ranges from ₹13.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Senior Business Analyst in Mumbai at HSBC Group earn more than ₹30.2 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Senior Business Analyst Salaries at HSBC Group 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 9 HSBC Group employees in India.
What is the estimated take home salary of a Senior Business Analyst at HSBC Group in Mumbai?
The estimated take-home salary of a Senior Business Analyst at HSBC Group in Mumbai typically ranges from ₹1,40,730 to ₹1,45,957 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 9 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Business Analyst at HSBC Group in Mumbai?
To be a Senior Business Analyst at HSBC Group in Mumbai, the key skills required include:

  • - Financial Services
  • - Agile Coaching
  • - Change Management
  • - JIRA
  • - Analytical Chemistry

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HSBC Group for Senior Business Analyst in India?
Citicorp ₹22.0 Lakhs to ₹35.0 Lakhs per year
Morgan Stanley ₹9.0 Lakhs to ₹32.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.
What is the salary of a Senior Business Analyst in companies similar to HSBC Group in Mumbai?
The salary of a Senior Business Analyst at companies similar to HSBC Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNP Paribas ₹10.0 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Capital ₹9.0 Lakhs to ₹36.7 Lakhs per year
Marsh McLennan ₹10.2 Lakhs to ₹25.3 Lakhs per year
UBS ₹8.2 Lakhs to ₹33.0 Lakhs per year
JPMorgan Chase & Co. ₹8.0 Lakhs to ₹28.0 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 Senior Business Analyst at HSBC Group in Mumbai?
The salary growth for a Senior Business Analyst at HSBC Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Business Analyst in Mumbai can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
6 years ₹16.7 Lakhs to ₹21.3 Lakhs per year
7 years ₹17.6 Lakhs to ₹22.5 Lakhs per year
8 years ₹18.6 Lakhs to ₹23.7 Lakhs per year
9 years ₹19.5 Lakhs to ₹24.9 Lakhs per year
and so on.

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HSBC Group Senior Business Analyst salary in Mumbai ranges between ₹13 Lakhs to ₹32 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 HSBC Group latest salaries received from various employees of HSBC Group.