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Mphasis Business Analyst salaries in Mumbai (Updated 2025)

Annual salary range
1 - 9 years exp.
₹4.4 Lakhs - ₹16.8 Lakhs
Salary of majority employees
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Fixed (97%)
₹9.6 Lakhs
Variable (3%)
₹0.3 Lakh
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5% less than the average Business Analyst Salary in IT Services & Consulting Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Data Science & Analytics
Business Analyst Salary
1 - 8 years exp. (15 salaries)
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₹4.3 L/yr - ₹18.6 L/yr

Engineering - Software & QA
Business Analyst Salary
5 - 9 years exp. (4 salaries)
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₹4.5 L/yr - ₹16 L/yr

IT & Information Security
Business Analyst Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹13.6 L/yr

BFSI, Investments & Trading
Business Analyst Salary
4 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹16.2 L/yr

Customer Success, Service & Operations
Business Analyst Salary
7 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹10.6 L/yr

View all

Last Updated: 8 Jan 2025

Companies similar to Mphasis for Business Analyst in Mumbai

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Mphasis Business Analyst Salary

1 - 9 years exp. (27 salaries)

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₹4.4 L/yr - ₹16.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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LTIMindtree Business Analyst Salary

1 - 12 years exp. (150 salaries)

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₹5.8 L/yr - ₹22 L/yr

arrow icon 27% more
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Hexaware Technologies Business Analyst Salary

1 - 10 years exp. (36 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 3% less
1 job opening
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DXC Technology Business Analyst Salary

2 - 10 years exp. (26 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 9% less
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eClerx Business Analyst Salary

1 - 6 years exp. (22 salaries)

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₹2 L/yr - ₹7.7 L/yr

arrow icon 56% less
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₹5 L/yr - ₹15 L/yr

arrow icon 23% more
21 job openings
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Persistent Systems Business Analyst Salary

4 - 8 years exp. (13 salaries)

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₹6.5 L/yr - ₹21 L/yr

arrow icon 36% more
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Coforge Business Analyst Salary

6 - 12 years exp. (13 salaries)

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₹7.6 L/yr - ₹25 L/yr

arrow icon 78% more
4 job openings
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CGI Group Business Analyst Salary

2 - 8 years exp. (12 salaries)

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₹5 L/yr - ₹11.5 L/yr

arrow icon 25% less
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Atos Business Analyst Salary

2 - 10 years exp. (6 salaries)

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₹3.4 L/yr - ₹13 L/yr

arrow icon 17% less
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₹4.3 L/yr - ₹10.8 L/yr

arrow icon 24% less
1 job opening
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UST Business Analyst Salary

4 - 10 years exp. (3 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 17% more
1 job opening
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Quest Global Business Analyst Salary

7 - 8 years exp. (3 salaries)

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₹4 L/yr - ₹13.8 L/yr

arrow icon 3% less
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Kyndryl Business Analyst Salary

5 - 7 years exp. (3 salaries)

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₹9.5 L/yr - ₹16 L/yr

arrow icon 19% more
Business Analyst salary at Mphasis ranges between ₹4.4 Lakhs to ₹16.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 27 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Business Analyst in Mumbai

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Experience wise Mphasis Business Analyst salaries in Mumbai

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹9.3 L/yr
2 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
3 years  (4 salaries)

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₹5.5 L/yr - ₹13.6 L/yr
4 years  (3 salaries)

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₹6.5 L/yr - ₹14.3 L/yr
5 years  (3 salaries)

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₹4.5 L/yr - ₹17.9 L/yr
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Mphasis Business Analyst Salary and Career Growth

From

To

Business Analyst

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1 - 9 years exp.

Senior Business Analyst

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3 - 16 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 Mphasis

Project Manager Salary
(46 salaries)
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₹10.4 L/yr - ₹32 L/yr
Team Lead Salary
(27 salaries)
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₹5.3 L/yr - ₹19.8 L/yr
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₹10 L/yr - ₹23 L/yr
Senior Analyst Salary
(8 salaries)
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₹4.8 L/yr - ₹9.25 L/yr
Analyst Salary
(4 salaries)
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₹4 L/yr - ₹7.06 L/yr

Top skills at Mphasis for Business Analyst

Business Analysis Agile Project Management Manual Testing Test Cases UAT data governance Business Objects Business Analysis Verbal Communication Business process Time Management Banking Technical Writing Finance

Salary related reviews for Mphasis

3.1

Rated by 4 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 01 Sep 2022

3.0
 for  Salary and Benefits

Likes

Work life balance while working in HP account.

  • Job security - Good
  • +1 more

Dislikes

...imation from HR about it although appraisal rating process completed in time. 3. Decided not to pay the quarterly variable pay without informing the reason.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 28 Dec 2024

1.0
 for  Salary and Benefits

Likes

Literally nothing, can't even give tissue paper, to take some office supplies u need to go to different building, wifi doesn't work in the office

read more

Dislikes

No promotion, will make u work long hours, no perks, no salary hike, got acquired from another company, didn't wanted to join but no choice had to serve the notice period, no promotion for 2 years

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 10 Aug 2024

3.0
 for  Salary and Benefits

Likes

Complete work from home or hybrid options available in quite few projects

  • Skill development - Good
  • +1 more

Dislikes

No salary revision for 3 years in a row making employees unhappy. Shift allowance policy is bad compared to industry standards. Bench policy worst with sabattucal from 2nd month onwards on bench.

read more
  • Promotions - Poor

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 16 Feb 2025

1.0
 for  Salary and Benefits

Likes

Work life balance is good but no salary hike from 3.5 yrs no recognition also

read more
  • Job security - Good
  • +1 more

Dislikes

Such a worst company I have ever seen in my life no hikes from 3.5 yrs and also gave permission with zero hikes which will make very discussing don't join this company ever

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 31 Jan 2025

3.0
 for  Salary and Benefits

Likes

Good work life balance , Working on good projects, Helpful management

Dislikes

No Promotions, same salary for 3 years and variable was cut off completely for 2 quarters and for other quarters it's not full variable pay

read more
  • Promotions - Bad
  • +1 more
see more salary related reviews

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Mphasis Business Analyst Salary FAQs

What is the salary of Business Analyst at Mphasis in Mumbai?
The average salary of a Business Analyst at Mphasis in Mumbai typically ranges from ₹4.4 Lakhs to ₹16.8 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Business Analyst in Mumbai at Mphasis earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. Business Analyst Salaries at Mphasis 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+ Mphasis employees in India.
What is the estimated take home salary of a Business Analyst at Mphasis in Mumbai?
The estimated take-home salary of a Business Analyst at Mphasis in Mumbai typically ranges from ₹71,769 to ₹73,619 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹16.8 Lakhs per year for employees with experience ranging from 1 year to 9 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 Mphasis. 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 Mphasis in Mumbai?
To be a Business Analyst at Mphasis in Mumbai, the key skills required include:

  • - Business Analysis
  • - Agile
  • - Project Management
  • - Manual Testing
  • - Test Cases

These skills are highly valued at Mphasis and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mphasis for Business Analyst in India?
Coforge ₹7.6 Lakhs to ₹25.0 Lakhs per year
Persistent Systems ₹6.5 Lakhs to ₹21.0 Lakhs per year
LTIMindtree ₹5.8 Lakhs to ₹22.0 Lakhs per year
Virtusa Consulting Services ₹5.0 Lakhs to ₹15.0 Lakhs per year
Kyndryl ₹9.5 Lakhs to ₹16.0 Lakhs per year

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

UST ₹9.0 Lakhs to ₹15.0 Lakhs per year
Quest Global ₹4.0 Lakhs to ₹13.8 Lakhs per year
Hexaware Technologies ₹4.0 Lakhs to ₹14.0 Lakhs per year
DXC Technology ₹4.0 Lakhs to ₹15.0 Lakhs per year
Atos ₹3.4 Lakhs to ₹13.0 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 Mphasis in Mumbai?
The salary growth for a Business Analyst at Mphasis 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 Mphasis:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹9.3 Lakhs per year
2 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
3 years ₹5.5 Lakhs to ₹13.6 Lakhs per year
4 years ₹6.5 Lakhs to ₹14.3 Lakhs per year
and so on.

Tell us how to improve this page.

Mphasis Business Analyst salary in Mumbai ranges between ₹4.4 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 Mphasis latest salaries received from various employees of Mphasis.