Home > Salary > Singapore > Business Analyst Financebanking
The occupation of a Business Analyst in the finance and banking industry involves analyzing financial data, identifying trends, and providing insights to support decision-making processes. They work closely with stakeholders such as managers, executives, and clients to understand their requirements and goals. Business Analysts in this field also conduct market research, assess risk factors, and develop strategies to optimize financial performance. They use various tools and techniques to analyze financial statements, evaluate investment opportunities, and create financial models. Additionally, they collaborate with cross-functional teams to implement process improvements, streamline operations, and ensure regulatory compliance. The role requires strong analytical skills, proficiency in financial software and tools, and excellent communication abilities to effectively present findings and recommendations.
Estimated Yearly Salary: 178,335 SGD
Estimated Monthly Salary: 14,861 SGD
Estimated Weekly Salary: 3,430 SGD per week
Estimated Hourly Salary: 86 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,406 SGD
Estimated Weekly Salary: 3,324 SGD per week
Estimated Hourly Salary: 83 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 89,431 USD
Estimated Monthly Salary: 7,453 USD
Estimated Weekly Salary: 1,720 USD per week
Estimated Hourly Salary: 43 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 178,335 SGD
Estimated Monthly Salary: 14,861 SGD
Estimated Weekly Salary: 3,430 SGD per week
Estimated Hourly Salary: 86 SGD per hour
By working as Business Analyst Financebanking a person can save up to 4,765 USD per month or 57,175 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Business Analyst Financebanking
Last revision of data: 2025-01-04
Data as of 2025
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Business Analyst Financebanking salary in Singapore
Average Yearly Salary of Business Analyst Financebanking in Singapore is approximately 178,335 SGD (89,431 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 Business Analyst Financebanking do?
The occupation of a Business Analyst in the finance and banking industry involves analyzing financial data, identifying trends, and providing insights to support decision-making processes. They work closely with stakeholders such as managers, executives, and clients to understand their requirements and goals. Business Analysts in this field also conduct market research, assess risk factors, and develop strategies to optimize financial performance. They use various tools and techniques to analyze financial statements, evaluate investment opportunities, and create financial models. Additionally, they collaborate with cross-functional teams to implement process improvements, streamline operations, and ensure regulatory compliance. The role requires strong analytical skills, proficiency in financial software and tools, and excellent communication abilities to effectively present findings and recommendations.
Skills: Business Analyst, Finance, Banking, Financial Analysis, Risk Assessment, Data Analysis
Job industry: Finance
Job industry: Finance
How much does Business Analyst Financebanking make?
Salary details
How much does Business Analyst Financebanking make?Estimated Yearly Salary: 178,335 SGD
Estimated Monthly Salary: 14,861 SGD
Estimated Weekly Salary: 3,430 SGD per week
Estimated Hourly Salary: 86 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 172,866 SGDEstimated Monthly Salary: 14,406 SGD
Estimated Weekly Salary: 3,324 SGD per week
Estimated Hourly Salary: 83 SGD per hour
Last revision of data: 2024-01-03Business Analyst Financebanking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 89,431 USD
Estimated Monthly Salary: 7,453 USD
Estimated Weekly Salary: 1,720 USD per week
Estimated Hourly Salary: 43 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Business Analyst Financebanking job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Analyst Financebanking in Singapore earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Business Analyst Financebanking job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Analyst Financebanking in Singapore earns on average:
1.87 times the average salary (or 187% of average salary).
Is Business Analyst Financebanking a well paid job?
Yes, our data shows that Business Analyst Financebanking 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 Business Analyst Financebanking?
High salary for Business Analyst Financebanking would be somewhere between 196,169 SGD and 258,586 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Analyst Financebanking in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 178,335 SGD
Estimated Monthly Salary: 14,861 SGD
Estimated Weekly Salary: 3,430 SGD per week
Estimated Hourly Salary: 86 SGD per hour
By working as Business Analyst Financebanking a person can save up to 4,765 USD per month or 57,175 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Analyst Financebanking
Malaysia is 23,597 USD
Indonesia is 14,116 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Special assets manager (127,255 SGD per year, pre-tax.)
Professor of mechanical engineering (228,235 SGD per year, pre-tax.)
Marketing coordinator (77,255 SGD per year, pre-tax.)
Data control clerk (55,622 SGD per year, pre-tax.)
Regional vice president (rvp), sales (222,228 SGD per year, pre-tax.)
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