IBM Mumbai Business Analyst Salaries by 40+ Employees (Updated 2025)

1 - 12 years exp.

₹4.8 Lakhs - ₹23.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% more than the average Business Analyst Salary in IT Services & Consulting Companies for 1 - 12 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Data Science & Analytics Business Analyst Salary 3 - 12 years exp. (14 salaries)	₹5.2 L/yr - ₹23.6 L/yr
BFSI, Investments & Trading Business Analyst Salary 7 years exp. (3 salaries)	₹7.5 L/yr - ₹15.9 L/yr
Login to view exact salary
Engineering - Software & QA Business Analyst Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹14.6 L/yr
Project & Program Management Business Analyst Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹21.2 L/yr
Consulting Business Analyst Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹16.5 L/yr

View all

Last Updated: 2 Apr 2025

Companies similar to IBM for Business Analyst in Mumbai

IBM Business Analyst Salary

1 - 12 years exp. (42 salaries)

₹4.8 L/yr - ₹23.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Business Analyst Salary 0 - 13 years exp. (1.1k salaries)	₹3.8 L/yr - ₹15 L/yr 32% less
Accenture Business Analyst Salary 0 - 11 years exp. (376 salaries)	₹4.5 L/yr - ₹17 L/yr 25% less	114 job openings
Login to view exact salary
Wipro Business Analyst Salary 0 - 13 years exp. (281 salaries)	₹3.4 L/yr - ₹16 L/yr 29% less	41 job openings
Capgemini Business Analyst Salary 0 - 12 years exp. (187 salaries)	₹4.2 L/yr - ₹18.5 L/yr 19% less	12 job openings
Cognizant Business Analyst Salary 0 - 13 years exp. (121 salaries)	₹5.8 L/yr - ₹18.7 L/yr 4% less
Infosys Business Analyst Salary 1 - 10 years exp. (76 salaries)	₹4 L/yr - ₹14.8 L/yr 28% less	4 job openings
Tech Mahindra Business Analyst Salary 0 - 10 years exp. (74 salaries)	₹4 L/yr - ₹16.5 L/yr 29% less	4 job openings
HCLTech Business Analyst Salary 1 - 10 years exp. (30 salaries)	₹4.3 L/yr - ₹16 L/yr 23% less
DXC Technology Business Analyst Salary 2 - 10 years exp. (26 salaries)	₹4 L/yr - ₹15 L/yr 31% less
Atos Business Analyst Salary 2 - 10 years exp. (6 salaries)	₹3.4 L/yr - ₹13 L/yr 38% less
UST Business Analyst Salary 4 - 10 years exp. (3 salaries)	₹9 L/yr - ₹15 L/yr 12% less	19 job openings
Login to view exact salary

Business Analyst salary at IBM ranges between ₹4.8 Lakhs to ₹23.2 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 42 latest salaries received from various employees of IBM.

Latest annual salaries shared by IBM Business Analyst in Mumbai

2d ago

₹27 Lakhs

12 years exp.

3w ago

₹12 Lakhs

3 years exp.

1mo ago

₹23 Lakhs

10 years exp.

2mo ago

₹14.9 Lakhs

11 years exp.

4mo ago

₹16.5 Lakhs

8 years exp.

5mo ago

3 years exp.

5mo ago

3 years exp.

5mo ago

3 years exp.

8mo ago

5 years exp.

9mo ago

7 years exp.

Experience wise IBM Business Analyst salaries in Mumbai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
Login to view exact salary
3 years (6 salaries)	₹7.5 L/yr - ₹12 L/yr
4 years (3 salaries)	₹3.8 L/yr - ₹12.2 L/yr
5 years (6 salaries)	₹4.5 L/yr - ₹16.1 L/yr
6 years (3 salaries)	₹4.9 L/yr - ₹16.5 L/yr
7 years (5 salaries)	₹7.5 L/yr - ₹19.7 L/yr
8 years (4 salaries)	₹6.1 L/yr - ₹21 L/yr
9 years (4 salaries)	₹13.7 L/yr - ₹22 L/yr
10 years (5 salaries)	₹13 L/yr - ₹23 L/yr
11 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
12 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.7 L/yr

View all

Similar Designation salaries in IBM

Project Manager Salary

(81 salaries)

₹12 L/yr - ₹38.16 L/yr

Team Lead Salary

(55 salaries)

₹7.21 L/yr - ₹25.5 L/yr

Data Scientist Salary

(27 salaries)

₹11.81 L/yr - ₹27.5 L/yr

Senior Business Analyst Salary

(22 salaries)

₹10 L/yr - ₹28 L/yr

Lead Consultant Salary

(4 salaries)

₹19 L/yr - ₹26.58 L/yr

Top skills at IBM for Business Analyst

Business Analysis Data Analysis Agile Problem Management Operational Risk Financial Services OTC Process Improvement Back Office Consulting Regulatory Reporting Business Process Re - engineering Derivatives Finance SQL

Salary related reviews for IBM

4.6

Rated by 3 employees for salary & benefits

Business Analyst in Bangalore / Bengaluru

Full Time

Product Management Department

5.0

• posted on 25 Mar 2025

5.0

for Salary and Benefits

Likes

Work life balance, salary and benefits, no pressure. My sincere advise, don’t leave IBM until it is so much necessary you to move out. IBM is far better than any company outside.

Salary - Excellent

+6 more

Dislikes

No, I don’t think of negatives and dislikes about it.

Business Analyst in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Oct 2023

1.0

for Salary and Benefits

Likes

There are no such policies available in IBM to like anything.

Dislikes

They don't paid salary as per the work. Less job security with zero skills development. no work culture even they force employees to come on Saturday and Sunday when there is no such a requirement in project. employees when there is no requirement in project. work culture is very poor and they don't allow their employees to educate on various skills development programmes.

Salary - Bad

+6 more

Business Analyst in Bangalore / Bengaluru

Full Time

Consulting Department

4.0

• posted on 24 Mar 2022

4.0

for Salary and Benefits

Likes

... pressure or even make you struggle. Any time work from home., unlimited leaves., good compensation and perfect work life balance

Salary - Good

+5 more

Dislikes

Being in such a big org., you don't get to learn much or develop much unless your manager hand holds you at each step

Business Analyst in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

5.0

• posted on 18 Aug 2018

3.0

for Salary and Benefits

Likes

IBM is an awesome place to work. There is a lot of opportunities to learn, enhance yourself. Managers are very helpful, they help you in finding a project as well.

Skill development - Excellent

+5 more

Dislikes

Package is less compared with other companies.

Project Manager in Gurgaon / Gurugram

Full Time

Consulting Department

1.0

• posted on 25 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing, old employees staying in the company in their comfort zone 14-15 years with big ego.

Dislikes

Ibm policy No salary increase Nothing good No work life balance No good projects all are clean up activity No job roles peoples are out anywhere One of the worst workforce/resource management team i have seen in my exp. Even though you get client appreciation you won't get notified or awarded by ibm Worst project mangers and program mangers

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about IBM

View All

Tech lead - Tech Mahindra or IBM

I have 2 offers in same location : Need guidance to choose one 1) Tech Mahindra (U4) Fixed 23.9 Variable 2.6=26.5 No joining bonus Project details informed already 2)IBM(7B) Fixed 21.37 + Variable 0-10% Joining bonus is 1 lakh Your Responses and thoughts will be appreciated. Thank you

Got a question about IBM?

Ask anonymously on communities.

IBM Business Analyst Salary FAQs

What is the salary of Business Analyst at IBM in Mumbai?

The average salary of a Business Analyst at IBM in Mumbai typically ranges from ₹4.8 Lakhs to ₹23.2 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Business Analyst in Mumbai at IBM earn more than ₹21.1 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Business Analyst Salaries at IBM 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 40+ IBM employees in India.

What is the estimated take home salary of a Business Analyst at IBM in Mumbai?

The estimated take-home salary of a Business Analyst at IBM in Mumbai typically ranges from ₹93,586 to ₹96,100 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹23.2 Lakhs per year for employees with experience ranging from 1 year to 12 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 40+ salaries received from various employees of IBM. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Analyst at IBM in Mumbai?

To be a Business Analyst at IBM in Mumbai, the key skills required include:

- Business Analysis
- Data Analysis
- Agile
- Problem Management
- Operational Risk

These skills are highly valued at IBM and are crucial for successful performance in a Software Engineering role.

What is the salary of a Business Analyst in companies similar to IBM in Mumbai?

The salary of a Business Analyst at companies similar to IBM in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant	₹5.8 Lakhs to ₹18.7 Lakhs per year
UST	₹9.0 Lakhs to ₹15.0 Lakhs per year
Capgemini	₹4.2 Lakhs to ₹18.5 Lakhs per year
HCLTech	₹4.3 Lakhs to ₹16.0 Lakhs per year
Accenture	₹4.5 Lakhs to ₹17.0 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 Business Analyst at IBM in Mumbai?

The salary growth for a Business Analyst at IBM in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Mumbai can expect the following growth trajectory at IBM:

Experience	Average Salary Range
1 year	₹5.3 Lakhs to ₹6.8 Lakhs per year
2 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
3 years	₹7.5 Lakhs to ₹12.0 Lakhs per year
4 years	₹3.8 Lakhs to ₹12.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
IBM Salaries >
IBM Business Analyst Salaries >
IBM Business Analyst Salaries in Mumbai

IBM Business Analyst salary in Mumbai ranges between ₹4.8 Lakhs to ₹23.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 IBM latest salaries received from various employees of IBM.