IBM Mumbai Senior Business Analyst Salaries by 20+ Employees (Updated 2025)

4 - 13 years exp.

₹10 Lakhs - ₹28 Lakhs

Salary of majority employees

35% more than the average Senior Business Analyst Salary in IT Services & Consulting Companies for 4 - 13 years of experience

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Salaries in different departments

Data Science & Analytics Senior Business Analyst Salary 5 - 13 years exp. (8 salaries)	₹10 L/yr - ₹25.7 L/yr
Product Management Senior Business Analyst Salary 9 - 13 years exp. (6 salaries)	₹22 L/yr - ₹25.5 L/yr
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Consulting Senior Business Analyst Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹20.4 L/yr - ₹28 L/yr
BFSI, Investments & Trading Senior Business Analyst Salary 9 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹23.3 L/yr
Customer Success, Service & Operations Senior Business Analyst Salary 9 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹25.5 L/yr

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Last Updated: 5 Mar 2025

Companies similar to IBM for Senior Business Analyst in Mumbai

IBM Senior Business Analyst Salary

4 - 13 years exp. (21 salaries)

₹10 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Senior Business Analyst Salary 0 - 11 years exp. (274 salaries)	₹6.8 L/yr - ₹21 L/yr 38% less
TCS Senior Business Analyst Salary 3 - 16 years exp. (207 salaries)	₹5.1 L/yr - ₹19.4 L/yr 44% less
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Tech Mahindra Senior Business Analyst Salary 3 - 13 years exp. (87 salaries)	₹6.9 L/yr - ₹26 L/yr 25% less	1 job opening
Cognizant Senior Business Analyst Salary 0 - 12 years exp. (83 salaries)	₹10 L/yr - ₹26 L/yr 17% less
Wipro Senior Business Analyst Salary 3 - 14 years exp. (75 salaries)	₹7.5 L/yr - ₹24 L/yr 27% less	1 job opening
Capgemini Senior Business Analyst Salary 4 - 12 years exp. (46 salaries)	₹7.1 L/yr - ₹25.1 L/yr 26% less
HCLTech Senior Business Analyst Salary 3 - 13 years exp. (22 salaries)	₹9.6 L/yr - ₹31 L/yr 14% less
Infosys Senior Business Analyst Salary 3 - 12 years exp. (14 salaries)	₹10.5 L/yr - ₹24 L/yr 26% less	1 job opening
DXC Technology Senior Business Analyst Salary 5 - 13 years exp. (12 salaries)	₹7.4 L/yr - ₹23 L/yr 34% less
Atos Senior Business Analyst Salary 7 - 17 years exp. (6 salaries)	₹9 L/yr - ₹32 L/yr 3% less
HCL Group Senior Business Analyst Salary 4 - 9 years exp. (4 salaries)	₹16.5 L/yr - ₹17 L/yr 20% less
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Senior Business Analyst salary at IBM ranges between ₹10 Lakhs to ₹28 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 21 latest salaries received from various employees of IBM.

Experience wise IBM Senior Business Analyst salaries in Mumbai

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
5 years (3 salaries)	₹10 L/yr - ₹22 L/yr
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6 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹21.3 L/yr
7 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
8 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
9 years (4 salaries)	₹15 L/yr - ₹25.5 L/yr
10 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹25.5 L/yr
11 years (3 salaries)	₹10 L/yr - ₹41.5 L/yr
12 years (3 salaries)	₹19.5 L/yr - ₹28 L/yr
13 years (3 salaries)	₹20.5 L/yr - ₹28 L/yr

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Similar Designation salaries in IBM

Senior Consultant Salary

(109 salaries)

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Senior Software Engineer Salary

(101 salaries)

₹7.44 L/yr - ₹28.5 L/yr

Business Analyst Salary

(42 salaries)

₹6.33 L/yr - ₹23 L/yr

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₹12.37 L/yr - ₹27.5 L/yr

Top skills at IBM for Senior Business Analyst

Project Management Data Analysis Business Analysis Data Modeling SQL Queries QlikView Agile Teradata Strategy consulting TOGAF SQL PMO Hive Interpersonal Skills ITIL

Salary related reviews for IBM

4.7

Rated by 2 employees for salary & benefits

Senior Business Analyst in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 25 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Company changed working hours plolicy without employee constent or salary hike. Earlier we use to do 9 hour plolicy including break now we are advised to do 10 hour including intervals. cafeteria food price and quality manager behaviour

Salary - Bad

+6 more

Senior Business Analyst in Navi Mumbai

Data Science & Analytics Department

4.0

• posted on 27 May 2021

2.0

for Salary and Benefits

Likes

There is option to work from home. Work life balance is good. People are gpod to work with. Expertise is versatile

Skill development - Excellent

+5 more

Dislikes

Salary is not upto the market. Once you get in there will be very less increments that will eventually lead to lowering the employee 's for financial stability.

Salary - Poor

Senior Business Analyst in Gurgaon / Gurugram

Finance & Accounting Department

5.0

• posted on 05 Jan 2020

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the Singapore and Malaysia . But on-site travel is completely dependent on your project and client’s location. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

Skill development - Excellent

+5 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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.

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

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What people are saying about IBM

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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 2=23.37 Joining bonus is 1 lakh Tech M pays almost variable pay every month whereas IBM at year end. ( we get 80% variable pay in Tech M ,less than 50% in IBM) Your Responses and thoughts will be appreciated. Thank you

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IBM Senior Business Analyst Salary FAQs

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

The average salary of a Senior Business Analyst at IBM in Mumbai typically ranges from ₹10.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Senior Business Analyst in Mumbai at IBM earn more than ₹26.5 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Senior 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 20+ IBM employees in India.

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

The estimated take-home salary of a Senior Business Analyst at IBM in Mumbai typically ranges from ₹1,35,939 to ₹1,40,949 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 4 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 20+ 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 Senior Business Analyst at IBM in Mumbai?

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

- Project Management
- Data Analysis
- Business Analysis
- Data Modeling
- SQL Queries

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

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

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

Atos	₹9.0 Lakhs to ₹32.0 Lakhs per year
HCLTech	₹9.6 Lakhs to ₹31.0 Lakhs per year
Cognizant	₹10.0 Lakhs to ₹26.0 Lakhs per year
HCL Group	₹16.5 Lakhs to ₹17.0 Lakhs per year
Tech Mahindra	₹6.9 Lakhs to ₹26.0 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 IBM in Mumbai?

The salary growth for a Senior Business Analyst at IBM 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 IBM:

Experience	Average Salary Range
4 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
5 years	₹10.0 Lakhs to ₹22.0 Lakhs per year
6 years	₹16.6 Lakhs to ₹21.3 Lakhs per year
7 years	₹17.5 Lakhs to ₹22.3 Lakhs per year

and so on.

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IBM Senior Business Analyst Salaries in Mumbai

IBM Senior Business Analyst salary in Mumbai ranges between ₹10 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 IBM latest salaries received from various employees of IBM.