India
Business Analyst Salary in Indore, Madhya Pradesh
₹1,102K
20% Low Band Avg
INR ₹1,574K
Average
₹2,046K
80% High Band Avg
Salaries based on experience level
The Average Entry Level salary of Business Analyst in Indore, Madhya Pradesh is INR ₹299K/yr, this salary increases 29% to ₹389K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 364% from ₹389K/yr to ₹1,810K/yr.
Salary Compared to India National Average Salary
- Business Analyst in Indore, Madhya Pradesh Salary
- vs
- Business Analyst in India Salary
The Average Salary of Business Analyst in Indore, Madhya Pradesh is ₹1,574K/yr. This is +209% higher (₹1,066,341) compared to India national average salary of ₹508K/yr.
Salary Compared to Indore City Average Salary
- Business Analyst in Indore, Madhya Pradesh Salary
- vs
- Indore, Madhya Pradesh City Average Salary
The Average Salary of Business Analyst in Indore, Madhya Pradesh is +276% higher (1,156,237) than the average salary for the city of Indore, Madhya Pradesh ₹418K/yr.
Business Analyst job description
Job Title: Business Analyst
Overview/Summary of the Role:
The business analyst is responsible for reviewing and analyzing a company's financial and operational data to identify trends, opportunities, and areas of improvement. They work closely with other departments to gather information and develop reports that inform strategic decision-making, and they also provide support for the implementation of new processes or technologies.
Responsibilities and Duties:
- Conduct financial and operational analyses of company data to identify trends and opportunities for improvement.
- Collaborate with other departments to gather information and develop reports that inform decision-making.
Business Analyst interview questions
Interviewer: Good morning/afternoon. Can you briefly introduce yourself and tell us why you are interested in the position of Business Analyst?
Candidate: Good afternoon. My name is John Doe, and I am a recent MBA graduate from XYZ University. I am interested in the position of Business Analyst because I am passionate about business strategy and analytics, and I believe my skills and experience align with the requirements of this role.
Interviewer: That sounds great. Can you tell us about a time when you identified a problem in a previous position and what steps did you take to analyze and solve it?
Candidate: Sure. In my previous position as a marketing analyst, I noticed that our sales team was not meeting their targets, despite the quality of our marketing campaigns. After conducting a comprehensive analysis and collaborating with the sales team, I discovered that there was a gap in our sales strategies, and we needed to revamp our sales training and lead management processes. I worked with the sales team to implement these changes, which resulted in a 25% increase in sales within 3 months.
Interviewer: Excellent. The role of a Business Analyst requires you to have excellent analytical and problem-solving skills. Can you describe a situation in which you applied these skills in a previous position?
Candidate: In a previous position, I was tasked with analyzing the success rate of x department’s product releases. I had to collate data from various sources, create a comprehensive report highlighting the major issues, and provide recommendations to management. After conducting a thorough review, I identified the major pain points in the product development life cycle, which we had to adjust. I presented my findings to my team leader and collaborated with cross-functional departments to implement changes that increased our success rate by 25% in the next two quarters.
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