It Business Analyst Manager salary in Iceland

Average Yearly Salary of It Business Analyst Manager in Iceland is approximately 15,553,411 ISK (108,867 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does It Business Analyst Manager do?

An IT Business Analyst Manager is responsible for overseeing a team of business analysts who bridge the gap between IT systems and business objectives. They collaborate with stakeholders to gather requirements, analyze business processes, and recommend technology solutions to improve efficiency and productivity. The IT Business Analyst Manager leads the team in conducting feasibility studies, creating business cases, and developing project plans. They also ensure that projects are delivered on time, within budget, and meet quality standards. Additionally, they provide guidance and support to their team members, foster stakeholder relationships, and stay updated with industry trends and best practices.

Skills: IT Business Analyst, Manager, Stakeholder Collaboration, Requirements Gathering, Technology Solutions, Project Management
Job industry: Technology

How much does It Business Analyst Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is It Business Analyst Manager a well paid job?

Yes, our data shows that It Business Analyst Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for It Business Analyst Manager?

High salary for It Business Analyst Manager would be somewhere between 17,108,752 ISK and 22,552,446 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as It Business Analyst Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 15,553,411 ISK
Estimated Monthly Salary: 1,296,118 ISK
Estimated Weekly Salary: 299,104 ISK per week
Estimated Hourly Salary: 7,478 ISK per hour
By working as It Business Analyst Manager a person can save up to 6,343 USD per month or 76,121 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for It Business Analyst Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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