A person working as Business Analyst in Bangladesh typically earns around 33,500 BDT. Salaries range from 15,400 BDT (lowest) to 53,200 BDT (highest).
This is the average salary including housing, transport, and other benefits. Business Analyst salaries in Bangladesh vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 15,400 BDT |
Median 32,000 BDT |
Maximum 53,200 BDT |
Salaries for the position Business Analyst in Bangladesh range from 15,400 BDT (starting salary) to 53,200 BDT (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 32,000 BDT, half of the professionals who work as Business Analyst in Bangladesh earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Business Analyst in Bangladesh earn less than 25,800 BDT, while 75% earn more. Similarly, the chart shows that 75% earn less than 36,900 BDT while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Business Analyst in Bangladesh compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 19,200 BDT to 27,800 BDT. About 20% of salaries are below the 19,200 BDT mark, while 10% fall within the range of 27,800 BDT to 31,700 BDT. Only 5% of individuals have salaries exceeding 31,700 BDT.
0 - 2 Years | 17,500 BDT | |
2 - 5 Years | +34% | 23,300 BDT |
5 - 10 Years | +48% | 34,500 BDT |
10 - 15 Years | +22% | 42,100 BDT |
15 - 20 Years | +9% | 45,800 BDT |
20+ Years | +8% | 49,600 BDT |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Business Analyst and this is what we found.
Employees with less than two years of experience earn approximately 17,500 BDT.
While someone with an experience level between two and five years is expected to earn 23,300 BDT, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 34,500 BDT, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 42,100 BDT, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 45,800 BDT, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 49,600 BDT, 8% more than people with fifteen to twenty years of experience.
High School | 21,400 BDT | |
Certificate or Diploma | +18% | 25,200 BDT |
Bachelor's Degree | +45% | 36,600 BDT |
Master's Degree | +31% | 47,900 BDT |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Business Analyst in order to make a comparison.
Employees at this education level have an average salary of 21,400 BDT.
At this level, the average salary becomes 25,200 BDT, 18% more than the previous level.
At this level, the average salary becomes 36,600 BDT, 45% more than the previous level.
At this level, the average salary becomes 47,900 BDT, 31% more than the previous level.
A Master's degree program or any post-graduate program in Bangladesh costs anywhere from 131,000 BDT to 392,000 BDT and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Business Analyst in Bangladesh, the average difference between the salary of male and female employees is 21%.
Male | 36,700 BDT | |
Female | -18% | 30,200 BDT |
Individuals working as Business Analyst in Bangladesh are likely to observe a salary increase of approximately 10% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
33% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 67% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Received Bonus | 67% | |
No Bonus | 33% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs | |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for people working as Business Analyst in Bangladesh is 89 BDT. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Business Planning | -100% | |
Agile Coach | 32,400 BDT | -3% |
Assistant Business Development Manager | 34,200 BDT | +2% |
Assistant Merchandise Planner | 21,300 BDT | -36% |
Business Advisor | 33,300 BDT | -0% |
Business Analyst | 33,500 BDT | +0% |
Business Consultant | 33,200 BDT | -1% |
Business Continuity Associate | 20,400 BDT | -39% |
Business Developer | 20,400 BDT | -39% |
Business Development Analyst | 23,200 BDT | -31% |
Business Development Associate | 18,000 BDT | -46% |
Business Development Coordinator | 17,500 BDT | -48% |
Business Development Director | 46,000 BDT | +37% |
Business Development Engineer | 26,100 BDT | -22% |
Business Development Executive | 34,700 BDT | +4% |
Business Development Manager | 43,300 BDT | +29% |
Business Development Specialist | 29,900 BDT | -11% |
Business Manager | 38,100 BDT | +14% |
Business Operations Specialist | 31,700 BDT | -5% |
Business Process Writer | 18,300 BDT | -45% |
Business Systems Analyst | 31,700 BDT | -5% |
Capacity Planner | 22,300 BDT | -33% |
Capacity Planning Supervisor | 30,400 BDT | -9% |
Change Communications Analyst | 30,100 BDT | -10% |
Change Control Analyst | 31,300 BDT | -6% |
Change Impact Analyst | 32,200 BDT | -4% |
Chief Automation Officer | 40,100 BDT | +20% |
Chief Innovation Officer | 45,000 BDT | +34% |
Contracts Executive | 33,400 BDT | -0% |
Corporate Strategy Analyst | 33,500 BDT | +0% |
Cost Control Engineer | 20,300 BDT | -39% |
Cost Controller | 23,400 BDT | -30% |
Cost Estimator | 20,700 BDT | -38% |
Crisis Management Specialist | 36,600 BDT | +9% |
Data Executive | 17,100 BDT | -49% |
Data Manager | 24,700 BDT | -26% |
Data Processing Manager | 28,700 BDT | -14% |
Development Researcher | 24,800 BDT | -26% |
Digital Strategist | 34,200 BDT | +2% |
Digital Transformation Manager | 33,700 BDT | +1% |
Director of Business Development | 46,000 BDT | +37% |
Director of Production Planning | 39,400 BDT | +18% |
Drop Shipping Consultant | 29,200 BDT | -13% |
Due Diligence Analyst | 35,200 BDT | +5% |
Estimating Manager | 35,600 BDT | +6% |
General Manager | 40,900 BDT | +22% |
Growth Hacker | 24,600 BDT | -26% |
Impact Assessment Specialist | 30,600 BDT | -9% |
Impact Investing Analyst | 31,100 BDT | -7% |
Incident Handler | 23,400 BDT | -30% |
Incident Specialist | 29,200 BDT | -13% |
Lean Consultant | 24,400 BDT | -27% |
Manager | 45,300 BDT | +35% |
Marketing and Business Development Manager | 40,400 BDT | +21% |
Materials Planner | 14,600 BDT | -56% |
Merchandise Assistant | 14,300 BDT | -57% |
Merchandise Controller | 14,500 BDT | -57% |
Merchandise Planner | 14,900 BDT | -55% |
Online Consultant | 28,400 BDT | -15% |
Online Reputation Manager | 24,900 BDT | -26% |
Operations Analyst | 30,900 BDT | -8% |
Operations Manager | 33,800 BDT | +1% |
Operations Research Analyst | 19,700 BDT | -41% |
Planning and Reporting Manager | 36,000 BDT | +8% |
Planning Director | 40,900 BDT | +22% |
Product Designer | 24,800 BDT | -26% |
Product Manager | 26,600 BDT | -21% |
Project Administrator | 21,700 BDT | -35% |
Project Manager | 33,000 BDT | -1% |
Project Planner | 20,600 BDT | -38% |
Research Assistant | 18,100 BDT | -46% |
Research Engineer | 21,000 BDT | -37% |
Research Officer | 16,600 BDT | -50% |
Risk Management Specialist | 30,000 BDT | -10% |
Scholarship Coordinator | 16,600 BDT | -50% |
Store Planner | 16,300 BDT | -51% |
Strategy Director | 46,100 BDT | +38% |
Top Research and Development Executive | 50,400 BDT | +51% |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bangladesh is 25% on average across all career fields.
Private Sector | 23,200 BDT | |
Public Sector | +25% | 29,000 BDT |
A good and competitive compensation would range anywhere between 32,000 BDT and 36,900 BDT. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like Business Analyst in Bangladesh ranges from 15,400 BDT to 25,800 BDT. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary