Entry Level Business Data Analyst Salary

Business data analysts are professionals who collect, analyze, and interpret data to help businesses make informed decisions. The demand for business data analysts has been increasing due to the growth of big data and the need for companies to make data-driven decisions. This article will discuss the entry level business data analyst salary, which is an important factor for those who want to start their careers in this field.

What is an Entry Level Business Data Analyst?

An entry level business data analyst is someone who has recently graduated from college and is just starting their career in the field. They work under the supervision of experienced analysts and are responsible for collecting and analyzing data to help businesses make informed decisions.

Entry level business data analysts are also responsible for creating reports and presentations to communicate their findings to stakeholders. They use various data analysis tools and software to analyze data and create visualizations that help stakeholders understand the data.

Source: bing.com

Entry Level Business Data Analyst Salary

The entry level business data analyst salary varies depending on several factors, such as location, industry, and experience. The average salary for an entry level business data analyst in the United States is $58,000 per year.

Entry level business data analysts in major cities such as New York, San Francisco, and Los Angeles can earn higher salaries due to the high cost of living in these cities. According to Glassdoor, the average entry level business data analyst salary in New York City is $67,000 per year, while in San Francisco, it is $70,000 per year.

The industry in which an entry level business data analyst works also affects their salary. The highest paying industries for entry level business data analysts are finance, insurance, and healthcare. According to PayScale, entry level business data analysts in the finance industry earn an average salary of $58,000 per year, while those in the insurance industry earn an average salary of $56,000 per year.

Factors that Affect Entry Level Business Data Analyst Salary

Several factors affect the entry level business data analyst salary, including education, experience, and certifications. Entry level business data analysts with a higher level of education, such as a master's degree, tend to earn higher salaries than those with just a bachelor's degree.

Experience also plays a significant role in determining entry level business data analyst salary. Entry level business data analysts with more experience tend to earn higher salaries than those who are just starting their careers.

Certifications in data analysis and related fields can also increase entry level business data analyst salary. Certifications such as the Certified Business Analysis Professional (CBAP) and the Certified Data Management Professional (CDMP) are highly valued in the industry and can increase an entry level business data analyst's earning potential.

Conclusion

The entry level business data analyst salary is an important factor for those who want to start their careers in this field. The salary varies depending on several factors, such as location, industry, and experience. Entry level business data analysts can earn a decent salary and have the potential to earn more with additional education, experience, and certifications.