Ugam Solution Mumbai Business Analyst Salaries by 8 Employees

1 - 5 years exp.

₹3 Lakhs - ₹7.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

47% less than the average Business Analyst Salary in IT Services & Consulting Companies for 1 - 5 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹7.3 L/yr
Engineering - Software & QA Business Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
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Project & Program Management Business Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr

Last Updated: 27 Dec 2024

Companies similar to Ugam Solution for Business Analyst in Mumbai

Ugam Solution Business Analyst Salary

1 - 5 years exp. (8 salaries)

₹3 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
NeoSOFT Business Analyst Salary 1 - 8 years exp. (64 salaries)	₹4 L/yr - ₹15.9 L/yr 67% more
3i Infotech Business Analyst Salary 1 - 8 years exp. (46 salaries)	₹3 L/yr - ₹10 L/yr 16% more
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Newgen Software Technologies Business Analyst Salary 1 - 6 years exp. (37 salaries)	₹6 L/yr - ₹11.8 L/yr 66% more
Clover Infotech Business Analyst Salary 2 - 11 years exp. (33 salaries)	₹3.5 L/yr - ₹13 L/yr 47% more	2 job openings
Mastek Business Analyst Salary 1 - 11 years exp. (18 salaries)	₹4.4 L/yr - ₹15 L/yr 83% more
Polaris Consulting Business Analyst Salary 1 - 5 years exp. (4 salaries)	₹4 L/yr - ₹13.8 L/yr 68% more
KGISL Business Analyst Salary 3 - 7 years exp. (4 salaries)	₹6.7 L/yr - ₹9 L/yr 28% more
Lumina Datamatics Business Analyst Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr 16% less
Wipro Digital Business Analyst Salary 1 - 4 years exp. (3 salaries)	₹5.2 L/yr - ₹12.9 L/yr 63% more
Kellton Business Analyst Salary 1 - 4 years exp. (3 salaries)	₹5.5 L/yr - ₹10 L/yr 46% more
Bahwan CyberTek Business Analyst Salary 6 - 7 years exp. (3 salaries)	₹7.7 L/yr - ₹13.4 L/yr 92% more	2 job openings
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Business Analyst salary at Ugam Solution ranges between ₹3 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Ugam Solution.

Experience wise Ugam Solution Business Analyst salaries in Mumbai

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (3 salaries)	₹1.8 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for Ugam Solution

Senior Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 16 Sep 2023

3.0

for Salary and Benefits

Likes

Flexible working hours with unlimited leaves. Highly knowledgeable folks with higher work experience.

Skill development - Good

+3 more

Dislikes

Slow growth in career in terms of work as well as salary. Lesser/ minimal communication across different functional teams. Senior management comprises of very few younger folks Promotions are mainly based on experience by years, rather than work quality and improvements.

Team Lead in Coimbatore

Full Time

Market Research Department

2.0

• posted on 13 Jul 2022

2.0

for Salary and Benefits

Likes

The good thing that i have seen is higher feeling of job security.

Job security - Excellent

+1 more

Dislikes

...ple and except these 17 to stretch and work over weekends to complete the work.. They would pay you less that ur daily salary in the name of SPA.

Salary - Poor

+4 more

Analyst in Mumbai

Full Time

Data Science & Analytics Department

4.0

• posted on 29 May 2022

3.0

for Salary and Benefits

Likes

Ugam is best place to start your career . Good international client exposure, Good culture , flexiblity, good managers and folks

Job security - Excellent

+2 more

Dislikes

Salary is less than market standards foe experienced, learning gets stucked after a period

Senior Analyst in Coimbatore

Survey Programming Department

3.0

• posted on 23 Mar 2022

2.0

for Salary and Benefits

Likes

Oppertunity to work on industry standard tools.

Dislikes

...s is a difficult task. Ugam treat client like a king and employees like a slave. More deduction from salary towards health insurance and gratuity.

Salary - Poor

+5 more

Senior Software Engineer in Mumbai

Engineering - Software & QA Department

5.0

• posted on 19 Sep 2021

3.0

for Salary and Benefits

Likes

Work culture is great - you get credits for the work you do, your inputs are taken seriously. Skill development is taken care of. Direct access to heads (open culture)

Skill development - Excellent

+5 more

Dislikes

No dislikes other than compensation, i feel the compensation is less according to market, But its a trade off with learning's so its ok

see more salary related reviews

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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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Ugam Solution Business Analyst Salary FAQs

What is the salary of Business Analyst at Ugam Solution in Mumbai?

The average salary of a Business Analyst at Ugam Solution in Mumbai typically ranges from ₹3.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Analyst in Mumbai at Ugam Solution earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹11.8 Lakhs per year. Business Analyst Salaries at Ugam Solution 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 8 Ugam Solution employees in India.

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

The estimated take-home salary of a Business Analyst at Ugam Solution in Mumbai typically ranges from ₹42,068 to ₹43,203 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 1 year to 5 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 8 salaries received from various employees of Ugam Solution. 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 Ugam Solution in Mumbai?

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

- Business Analysis
- Project Planning
- Use Cases
- FRD
- Requirement Gathering

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

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

Bahwan CyberTek	₹7.7 Lakhs to ₹13.4 Lakhs per year
Mastek	₹4.4 Lakhs to ₹15.0 Lakhs per year
Polaris Consulting	₹4.0 Lakhs to ₹13.8 Lakhs per year
NeoSOFT	₹4.0 Lakhs to ₹15.9 Lakhs per year
Newgen Software Technologies	₹6.0 Lakhs to ₹11.8 Lakhs per year

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

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

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

Wipro Digital	₹5.2 Lakhs to ₹12.9 Lakhs per year
Clover Infotech	₹3.5 Lakhs to ₹13.0 Lakhs per year
Kellton	₹5.5 Lakhs to ₹10.0 Lakhs per year
KGISL	₹6.7 Lakhs to ₹9.0 Lakhs per year
3i Infotech	₹3.0 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 Ugam Solution in Mumbai?

The salary growth for a Business Analyst at Ugam Solution 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 Ugam Solution:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹1.8 Lakhs to ₹8.0 Lakhs per year
3 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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Ugam Solution Business Analyst Salaries in Mumbai

Ugam Solution Business Analyst salary in Mumbai ranges between ₹3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Ugam Solution latest salaries received from various employees of Ugam Solution.