MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION Business Analyst Salaries by 4 Employees

3 - 13 years exp.

₹5.5 Lakhs - ₹13.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% more than the average Business Analyst Salary in IT Services & Consulting Companies for 3 - 13 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹11.5 L/yr
Engineering - Software & QA Business Analyst Salary 13 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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IT & Information Security Business Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹11.2 L/yr - ₹13.6 L/yr
Consulting Business Analyst Salary 12 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹14.9 L/yr

Last Updated: 22 Dec 2024

Companies similar to MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION for Business Analyst

Company name	Avg Annual Salary	Open Jobs
Zensar Technologies Business Analyst Salary 2 - 8 years exp. (168 salaries)	₹3.4 L/yr - ₹14.5 L/yr 22% less	3 job openings
BNP Paribas India Solutions Business Analyst Salary 2 - 9 years exp. (132 salaries)	₹5 L/yr - ₹18.3 L/yr At par
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Synechron Business Analyst Salary 8 - 16 years exp. (121 salaries)	₹10 L/yr - ₹38 L/yr 124% more
Cybage Business Analyst Salary 2 - 11 years exp. (120 salaries)	₹5.8 L/yr - ₹25.7 L/yr 37% more
ValueLabs Business Analyst Salary 3 - 9 years exp. (90 salaries)	₹6.5 L/yr - ₹22 L/yr 20% more
Capita Business Analyst Salary 1 - 8 years exp. (79 salaries)	₹2.4 L/yr - ₹12.2 L/yr 31% less
Barclays Shared Services Business Analyst Salary 4 - 10 years exp. (77 salaries)	₹4.3 L/yr - ₹17.9 L/yr 2% more	3 job openings
EPAM Systems Business Analyst Salary 5 - 11 years exp. (74 salaries)	₹8.8 L/yr - ₹26 L/yr 71% more
YASH Technologies Business Analyst Salary 5 - 8 years exp. (67 salaries)	₹6.1 L/yr - ₹15 L/yr 18% more	4 job openings
Orange Business Business Analyst Salary 1 - 10 years exp. (58 salaries)	₹4 L/yr - ₹15.1 L/yr 18% less
Dell EMC Business Analyst Salary 1 - 8 years exp. (49 salaries)	₹2.6 L/yr - ₹11.9 L/yr 28% less
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Infinite Computer Solutions Business Analyst Salary 2 - 7 years exp. (47 salaries)	₹3.8 L/yr - ₹14 L/yr 23% less
Datamatics Global Services Business Analyst Salary 3 - 9 years exp. (38 salaries)	₹5.2 L/yr - ₹16.6 L/yr 6% more	1 job opening
Sopra Steria Business Analyst Salary 2 - 11 years exp. (34 salaries)	₹6.5 L/yr - ₹19.8 L/yr 23% more
Infogain Business Analyst Salary 2 - 9 years exp. (24 salaries)	₹5 L/yr - ₹18.6 L/yr 12% more	1 job opening
SS&C TECHNOLOGIES Business Analyst Salary 1 - 16 years exp. (24 salaries)	₹5.3 L/yr - ₹25.4 L/yr 47% more
Emerson Electric Co. Business Analyst Salary 1 - 8 years exp. (23 salaries)	₹3.7 L/yr - ₹14 L/yr 17% less	2 job openings
NielsenIQ Business Analyst Salary 2 - 10 years exp. (23 salaries)	₹6.2 L/yr - ₹11 L/yr 15% less
NEC Business Analyst Salary 1 - 10 years exp. (20 salaries)	₹5 L/yr - ₹20 L/yr 15% more
Movate Business Analyst Salary 3 - 9 years exp. (19 salaries)	₹4.2 L/yr - ₹14.5 L/yr 14% less

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Business Analyst salary at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION ranges between ₹5.5 Lakhs to ₹13.6 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION.

Experience wise MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION Business Analyst salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
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12 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION

Senior Business Analyst Salary

(4 salaries)

₹12.4 L/yr - ₹14 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Project Manager Salary

(5 salaries)

₹16.5 L/yr - ₹18.45 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Top skills at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION for Business Analyst

IT Information Technology Brd E - governance Business Analysis

Salary related reviews for MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION

Network Manager in Mumbai

Full Time

IT & Information Security Department

3.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

Supportive Bosses, If you are from Private sector lots of new learning as Government Environment. Lots of New Project from Central Government & learning .

Salary - Good

+4 more

Dislikes

No Insurance, no policy. You can not take your own decision for company benefit. Ones RFP done you can not do any changes in it, lots of disadvantages taken care by vendor. Only administrative work.

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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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MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION Business Analyst Salary FAQs

What is the salary of Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION ?

The average salary of a Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in India typically ranges from ₹5.5 Lakhs to ₹13.6 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹13.6 Lakhs per year. Business Analyst Salaries at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION 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 MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION employees in India.

What is the estimated take home salary of a Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in India?

The estimated take-home salary of a Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in India typically ranges from ₹75,318 to ₹77,269 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹13.6 Lakhs per year for employees with experience ranging from 3 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 4 salaries received from various employees of MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION. 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 MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION ?

To be a Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in india, the key skills required include:

- IT
- Information Technology
- Brd
- E - governance
- Business Analysis

These skills are highly valued at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION for Business Analyst in India?

Synechron	₹10.0 Lakhs to ₹38.0 Lakhs per year
EPAM Systems	₹8.8 Lakhs to ₹26.0 Lakhs per year
SS&C TECHNOLOGIES	₹5.3 Lakhs to ₹25.4 Lakhs per year
Cybage	₹5.8 Lakhs to ₹25.7 Lakhs per year
Sopra Steria	₹6.5 Lakhs to ₹19.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION, depending on the role and experience level.

What is the salary of a Business Analyst in companies similar to MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in India?

The salary of a Business Analyst at companies similar to MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ValueLabs	₹6.5 Lakhs to ₹22.0 Lakhs per year
YASH Technologies	₹6.1 Lakhs to ₹15.0 Lakhs per year
NEC	₹5.0 Lakhs to ₹20.0 Lakhs per year
Infogain	₹5.0 Lakhs to ₹18.6 Lakhs per year
Datamatics Global Services	₹5.2 Lakhs to ₹16.6 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 MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION in India?

The salary growth for a Business Analyst at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION:

Experience	Average Salary Range
3 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
7 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
12 years	₹12.2 Lakhs to ₹15.6 Lakhs per year
13 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION Business Analyst Salaries

MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION Business Analyst salary in India ranges between ₹5.5 Lakhs to ₹13.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION latest salaries received from various employees of MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION.

MAHARASHTRA INFORMATION TECHNOLOGY CORPORATION Business Analyst salaries in India