In addition to experience in a job, your education plays an important role in how much you can earn. Many higher-paying positions require a high level of education, but how much can a degree increase your salary? In our research, we compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each level of education. “Average salary of business analysts in Nigeria for 2022”. World wages. Retrieved 20 October 2022. worldsalaries.com/average-business-analyst-salary-in-nigeria/. A business analyst working in Nigeria typically earns around NGN 5,221,800 per year, which can range from the lowest average salary of around NGN 2,508,300 to the highest average salary of NGN 8,195,200. That`s why we looked at the average salaries a business analyst will earn in Nigeria. The next interesting data point is the distribution of wages. Another part of your total compensation in a job is the amount of bonus you receive.
Some roles are more likely to pay a bonus than others and are also more likely to have higher bonus rates. The salary you can earn based on your education is very specific to your location and the career path you choose. Today, we know that there should never be a gender wage gap. Unfortunately, in many occupations, there is still a significant difference between the salaries of men and women in the same job. If you want to calculate the amount of tax you pay on your salary, you can use the calculators below, which are updated to the last tax brackets each year. Average salary of a Business Analyst in Nigeria for 2022 High school. A business analyst in Nigeria with a high school diploma can earn an average salary of NGN 3,648,200. As you can see above, there are financial benefits to earning the master`s degree, but don`t expect a big raise until you`ve completed the degree. A business analyst, IT, focuses on improving operations that involve information technology in an organization. The business analyst advises management to help the company become more efficient. The IT business analyst analyzes the hardware, software, and IT services used in a business.
Analyses should be carried out to identify areas for improvement. It is also important to have strong research skills in order to. Read More It`s common for people to pursue an MBA or other postgraduate program to move to a job that pays more. On average, you can expect to earn about 10% more when you move to a new business. If you earn more than the median salary, it`s a good indicator that you`re getting paid well. In Nigeria, a male economic analyst earns an average of NGN 5,555,200, while a female economic analyst earns about NGN 5,063,200. As a business analyst with 1-4 years of experience, IT with 1-4 years of experience earns an average total compensation (including tips, bonuses and overtime pay) of ₦2,274,000, based on 23 salaries. As a mid-career business analyst, IT earns an average total compensation of ₦3,900,000 based on 10 salaries with 5-9 years of experience. For the average salary of a business analyst in Nigeria, 25% of the population earns less than NGN 3,564,300, while 75% of the population earns more than NGN 3,564,300. This means that a male business analyst earns about 10% more for the same job as a business analyst. We`ve looked at the average salary of business analysts based on years of experience to give you an idea of how the average changes if you`ve worked for a while. This means that about 50% of the population earns less than NGN 5,423,100 and 50% of the population earns more than NGN 5,423,100.
We already know that a business analyst in Nigeria can earn between NGN 2,508,300 and NGN 8,195,200 on average. This is called a range in statistics. If you don`t earn more than the median salary, your goal should be to increase your income at least as high as the median salary (which you can do by asking for a raise, looking for a higher-paying job, etc.). The difference between the maximum and minimum values is a good indicator of salary variability and can be used by employers to determine how much they can expect and so that employees know how much they can earn. These are average salaries for a business analyst in Nigeria and include benefits such as housing and transportation. It is also possible for a business analyst to earn more or less than the average salaries mentioned above. Public sector employees in Nigeria earn about 6% more than private sector employees in the same position.