Mastek Mumbai Business Analyst Salaries by 10+ Employees

1 - 11 years exp.

₹4.4 Lakhs - ₹15 Lakhs

Salary of majority employees

At par with the average Business Analyst Salary in IT Services & Consulting Companies for 1 - 11 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 11 years exp. (16 salaries)	₹4.4 L/yr - ₹15 L/yr
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Engineering - Software & QA Business Analyst Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹13 L/yr

Last Updated: 3 Jun 2023

Companies similar to Mastek for Business Analyst in Mumbai

Mastek Business Analyst Salary

1 - 11 years exp. (18 salaries)

₹4.4 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
NeoSOFT Business Analyst Salary 1 - 8 years exp. (66 salaries)	₹4 L/yr - ₹15.6 L/yr 10% less
3i Infotech Business Analyst Salary 1 - 8 years exp. (45 salaries)	₹3 L/yr - ₹10 L/yr 36% less
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Newgen Software Technologies Business Analyst Salary 1 - 6 years exp. (37 salaries)	₹6 L/yr - ₹11.8 L/yr 9% less
Clover Infotech Business Analyst Salary 2 - 11 years exp. (33 salaries)	₹3.5 L/yr - ₹13 L/yr 20% less	2 job openings
Ugam Solution Business Analyst Salary 1 - 6 years exp. (8 salaries)	₹3 L/yr - ₹7.2 L/yr 45% less
Kellton Business Analyst Salary 1 - 4 years exp. (4 salaries)	₹5.5 L/yr - ₹10 L/yr 19% less	1 job opening
Polaris Consulting Business Analyst Salary 1 - 6 years exp. (4 salaries)	₹4 L/yr - ₹13.8 L/yr 8% less
Lumina Datamatics Business Analyst Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr 54% less
Wipro Digital Business Analyst Salary 1 - 4 years exp. (3 salaries)	₹5.2 L/yr - ₹12.9 L/yr 11% less
Bahwan CyberTek Business Analyst Salary 6 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹13.4 L/yr 5% more	2 job openings

Business Analyst salary at Mastek ranges between ₹4.4 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 18 latest salaries received from various employees of Mastek.

Experience wise Mastek Business Analyst salaries in Mumbai

Last Updated: 3 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.4 L/yr - ₹14 L/yr
2 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.7 L/yr
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.6 L/yr
5 years (5 salaries)	₹6.5 L/yr - ₹13 L/yr
6 years (3 salaries)	₹7.6 L/yr - ₹18.3 L/yr
7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹12 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹14.7 L/yr

View all

Similar Designation salaries in Mastek

Senior Business Analyst Salary

(23 salaries)

₹10.6 L/yr - ₹25 L/yr

Team Lead Salary

(11 salaries)

₹11 L/yr - ₹22.05 L/yr

Project Manager Salary

(7 salaries)

₹8.8 L/yr - ₹27 L/yr

Data Analyst Salary

(4 salaries)

₹3 L/yr - ₹7.06 L/yr

Analyst Salary

(3 salaries)

₹10 L/yr - ₹15 L/yr

Research Analyst Salary

(3 salaries)

₹4 L/yr - ₹14 L/yr

Top skills at Mastek for Business Analyst

Business Analysis Requirement Gathering Agile User Stories Use Cases Documentation Operations ba JIRA System Analysis Reporting Customer Satisfaction Finance Management People Management Skills

Salary related reviews for Mastek

4.0

Rated by 3 employees for salary & benefits

Associate Consultant in Ahmedabad

Full Time

Consulting Department

1.0

• posted on 15 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing, Worst of worst company If you to want to ruin your life, then go ahead n join this beautiful organization.

Dislikes

...basically you will be working hard to keep this job. "There is no job security." and on top of all this, there is 3-5% hike if you are a star performer or no hike at all. Dont know how this company still has a rating of 3+ in all the categories -> Mostly like other struggling companies-seems like even this beautiful organizations HR are busy in giving fake ratings to their wonderful organization. Also, everytime you have to go and beg for projects if you are a fresher and if you dont get any projects they will ask you to put down the papers. To be very frank - getting a project is very competitive as the so called skill is not at all tough to learn or master. it all comes down to how good you are at begging. If you dont believe me - go ahead and attend their interview process - you will understand how unprofessionalistic they are when it comes to the recruitment process.

Salary - Bad

+6 more

Associate Consultant in Ahmedabad

Full Time

Consulting Department

1.0

• posted on 25 Jun 2024

1.0

for Salary and Benefits

Likes

Women Leadership It is a safe place for women

Dislikes

...asked them to fail her which eventually let her getting terminated from the job. About salary - it varies based on your skill set and your profile Hike - 2 to 3 % if your appraisal meeting goes well or no hike at all...XD Promotion - They follow "Up or Out" culture

Salary - Bad

+6 more

Senior Consultant in Ahmedabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 02 Mar 2023

3.0

for Salary and Benefits

Likes

Oracle business AD team is really good, leaders are supportive and friendly. If you want to make your career as Oracle Consultant or Oracle Technical Consultant, it is the best place for you, lots of learning will be there.

Skill development - Good

+1 more

Dislikes

After Mastek acquired Evosys the salary hikes stopped which is the major reason many experienced and knowledgeable employees are leaving the company.

Company culture - Poor

Software Engineer in Navi Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

Dislikes

no growth in Mastek as well as salary management is not good they think t they will be placing you on any role irrespective of the training you got in mastek if you are on bench they will tell you to resign from company worst appraisals

Salary - Bad

+4 more

Associate Consultant in Ahmedabad

Full Time

Consulting Department

3.0

• posted on 05 Oct 2022

4.0

for Salary and Benefits

Likes

Good compensation. Supportive senior management. Training on live project.

Salary - Good

Dislikes

It's mandatory for freshers/new joinee to work from Ahmedabad Office. Fresher can be fired any time based on the availability of project or based on their training review.

Job security - Poor

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mastek Business Analyst Salary FAQs

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

The average salary of a Business Analyst at Mastek in Mumbai typically ranges from ₹4.4 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Business Analyst in Mumbai at Mastek earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Business Analyst Salaries at Mastek 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 10+ Mastek employees in India.

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

The estimated take-home salary of a Business Analyst at Mastek in Mumbai typically ranges from ₹73,252 to ₹75,144 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year to 11 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 10+ salaries received from various employees of Mastek. 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 Mastek in Mumbai?

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

- Business Analysis
- Requirement Gathering
- Agile
- User Stories
- Use Cases

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

Which companies offer higher salaries than Mastek for Business Analyst in India?

Bahwan CyberTek

₹3.4 Lakhs to ₹13.4 Lakhs per year

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

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

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

Polaris Consulting	₹4.0 Lakhs to ₹13.8 Lakhs per year
Newgen Software Technologies	₹6.0 Lakhs to ₹11.8 Lakhs per year
NeoSOFT	₹4.0 Lakhs to ₹15.6 Lakhs per year
Wipro Digital	₹5.2 Lakhs to ₹12.9 Lakhs per year
Kellton	₹5.5 Lakhs to ₹10.0 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 Mastek in Mumbai?

The salary growth for a Business Analyst at Mastek 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 Mastek:

Experience	Average Salary Range
1 year	₹4.4 Lakhs to ₹14.0 Lakhs per year
2 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
3 years	₹8.0 Lakhs to ₹15.7 Lakhs per year
4 years	₹7.0 Lakhs to ₹16.6 Lakhs per year

and so on.

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Mastek Business Analyst Salaries in Mumbai

Mastek Business Analyst salary in Mumbai ranges between ₹4.4 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Mastek latest salaries received from various employees of Mastek.