What does a Principal Business Analyst do?

Business analysts collect and analyze data for potential business expansion. They identify specific business opportunities and influence shareholders to support business projects, to lead projects, and to coordinate with other teams to produce better results and outcomes. They also test out the business processes and recommend relevant improvements. Specialists in the business analyst field include inventory control, company reorganization, healthcare, and in telecom industries.

As natural problem solvers on the hunt for better ways to do business, business analysts discover issues, and help come up with solutions that deliver better value to the customer. They rely on data and analytics, research, and recommend improvement measures and protocol to impact and improve a company’s logistics more efficiently or directly. They strive to make their organization more profitable through reduced costs and increased revenues. Business analysts need a minimum bachelor's degree in business, economics, or related fields.

EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.6 ★
Avg. Experience2-4 years

Principal Business Analyst Salaries

Average Base Pay

$74,813 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
$53K
Median: $75K
$106K
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Glassdoor Estimated Salary

Principal Business Analyst Career Path

Learn how to become a Principal Business Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L5
Principal Business Analyst
$74,813/yr
L6
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Principal Business Analyst Insights

Read what Principal Business Analyst professionals have to say about their job experiences and view top companies for this career.
AIGAIG
Business Systems Analyst
Feb. 24, 2020

“Knowledge base and excellent performance is not appreciated until desperate or rewarded with salary increase or promotion.”

Highgate HotelsHighgate Hotels
Business Analyst
Aug. 19, 2021

“Great career advancement if you are good at what you doing and are willing to learn by taking additional responsibilities.”

Alicorn Digital
Business Analyst
Jan. 9, 2020

“Each day was different and exciting and I really felt my contribution was really valued by the team.”

Nordea BankNordea Bank
Business Analyst
Aug. 10, 2021

“I had a wonderful manager who was great at coaching and helped me further in my career.”

NOW: PensionsNOW: Pensions
Business Analyst
Apr. 26, 2021

“though the top management is good but management you interact with on daily basis to work is good for nothing”

AdeccoAdecco
Business Analyst
Feb. 16, 2020

“Yearly reviews are not done professionally and you don't have a good strategy for your career”

Planet DDSPlanet DDS
Virtual Business Services
Oct. 16, 2019

“I get to work from home and I work with a great group of people!”

AccentureAccenture
Senior Business Analyst
May 18, 2021

“I was fortunate enough to work at a project where you get a great exposure and learning experience”

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Principal Business Analyst Interviews

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