At a glance
Business analyst salary in Singapore
- Business analyst: S$8,445 median a month. Middle 50% earn S$5,588 to S$11,400.
- Management consultant: S$9,701 median. Business consultant: S$7,000.
- Graduates: S$4,800 (SUSS Business Analytics) to S$6,000 (NUS Information Systems) median, six months after graduating.
- By employer: business analysts earn S$9,528 in finance and insurance and S$6,877 in manufacturing.
- By firm size: S$9,138 at firms with 200 or more staff, S$6,695 at smaller firms.
How does your pay compare?MOM figures, June 2025. Nothing you type leaves your browser.
Part 1 · Pay today
How much do business analysts earn?
A business analyst earns S$8,445 at the median. Management consultants earn S$9,701 and business consultants S$7,000.
Gross monthly wage, June 2025, all industries.
| Occupation, all industries | Basic wage, median | Gross, 25th pct | Gross, median | Gross, 75th pct |
|---|---|---|---|---|
| ICT business process consultant/Business analystFull detail | 8,242 | 5,588 | 8,445 | 11,400 |
| Business consultantFull detail | 6,897 | 5,400 | 7,000 | 10,690 |
| Management consultantFull detail | 9,340 | 7,434 | 9,701 | 15,108 |
Source: MOM Occupational Wages 2025, Table 4. Full-time resident employees, June 2025.
Cell references
T4!C148:I148, T4!C90:I90, T4!C165:I165What it means
- MOM's title is ICT business process consultant/business analyst. It covers analysts who work between business teams and IT systems.
- Management consultants have the widest range: S$7,434 to S$15,108 for the middle 50%.
- Business analysts span S$5,588 to S$11,400, because junior and senior analysts share one title.
Starting salary for business analytics graduates
Business analytics and information systems graduates earn S$4,800 to S$6,000 at the median six months after graduating.
Graduates in full-time permanent jobs, surveyed on 1 November 2025.
| University and programme | Basic, median | Gross, median | Gross, mean | Gross, middle 50% |
|---|---|---|---|---|
| NUS, (Information Systems) | 5,665 | 6,000 | 6,126 | 5,000 to 7,000 |
| NUS, (Business Analytics) | 5,500 | 5,700 | 6,375 | 5,000 to 7,083 |
| SMU, Information Systems | 5,000 | 5,400 | 5,515 | 4,800 to 6,028 |
| SUSS, Business Analytics | 4,600 | 4,800 | 4,990 | 4,200 to 5,439 |
Full-time permanent jobs only, as at 1 November 2025. Source: MOE GES 2025 (NUS, SMU, SUSS).
What it means
- NUS Information Systems: S$6,000, middle 50% S$5,000 to S$7,000. NUS Business Analytics: S$5,700.
- SMU Information Systems: S$5,400, middle 50% S$4,800 to S$6,028.
- SUSS Business Analytics: S$4,800, middle 50% S$4,200 to S$5,439.
Job outcomes for business analytics graduates92.1% of responding NUS Information Systems graduates were in full-time permanent jobs, the highest of the four courses.
92.1% of responding NUS Information Systems graduates were in full-time permanent jobs, the highest of the four courses.
Share of graduates in the labour force.
| Programme | Course response rate | Currently employed | In full-time permanent employment |
|---|---|---|---|
| NUS, (Information Systems) | 69% | 92.1% | 92.1% |
| NUS, (Business Analytics) | 68% | 91.7% | 85.7% |
| SMU, Information Systems | 73% | 90.5% | 83.4% |
| SUSS, Business Analytics | 73% | 80.3% | 69.7% |
Share of graduates in the labour force. Source: MOE GES 2025.
What it means
- Between 69.7% and 92.1% of graduates in these courses were in full-time permanent jobs six months after graduating.
Part 2 · Who earns more
How pay changes with age
Business analyst pay rises from S$5,416 at 25 to 29 to S$10,666 at 50 to 59. Management consultants reach S$16,528.
Median gross monthly wage by age group.
Management consultantBusiness analyst
| Occupation | 25–29 | 30–39 | 40–49 | 50–59 |
|---|---|---|---|---|
| ICT business process consultant/Business analyst | 5,416 | 7,242 | 10,244 | 10,666 |
| Business consultant | 5,737 | 7,276 | 10,238 | 10,019 |
| Management consultant | 6,400 | 8,811 | 13,608 | 16,528 |
Median gross monthly wage, S$. "–" = suppressed by MOM. Source: MOM Occupational Wages 2025, Table 3.
Cell references
T3!C128:K128, T3!C83:K83, T3!C143:K143What it means
- Age 30 to 39: S$7,242 for business analysts, S$1,826 more than in the late twenties.
- Business consultants track business analysts closely: S$5,737, S$7,276, S$10,238 and S$10,019 across the four bands.
- How to read it: each age band shows different people in June 2025, not one person's career.
By sex and employer sizeBusiness analysts at firms with 200 or more staff earn S$9,138, against S$6,695 at smaller firms, a 36.5% gap.
Business analysts at firms with 200 or more staff earn S$9,138, against S$6,695 at smaller firms, a 36.5% gap.
| Occupation | All, median gross | Men | Women | Women vs men |
|---|---|---|---|---|
| ICT business process consultant/Business analyst | 8,445 | 8,643 | 8,006 | -7.4% |
| Business consultant | 7,000 | 7,280 | 6,830 | -6.2% |
| Management consultant | 9,701 | 10,568 | 8,811 | -16.6% |
Median gross monthly wage, S$. Two group medians, not an adjusted pay gap. Source: MOM Occupational Wages 2025, Tables 1.1 and 1.2.
Cell references
T1.1!C127:E127, T1.2!C132:E132, T1.1!C83:E83, T1.2!C83:E83, T1.1!C143:E143, T1.2!C145:E145| Occupation | Firms with 25 to 199 employees | Firms with 200 or more | Large vs small |
|---|---|---|---|
| ICT business process consultant/Business analyst | 6,695 | 9,138 | +36.5% |
| Business consultant | 6,800 | 7,084 | +4.2% |
| Management consultant | 7,665 | 10,142 | +32.3% |
Median gross monthly wage, S$. Source: MOM Occupational Wages 2025, Table 2.
Cell references
T2!C146:G146, T2!C91:G91, T2!C161:G161What it means
- Management consultants: S$10,142 at large firms and S$7,665 at smaller ones.
- Men and women: S$8,643 and S$8,006 for business analysts; S$10,568 and S$8,811 for management consultants.
- These compare two groups. They are not an adjusted pay gap.
By employer industry
Business analysts in finance and insurance earn S$9,528 at the median, against S$6,877 in manufacturing.
| Employer industry | Median gross wage | Gross wage, middle 50% |
|---|---|---|
| Financial and Insurance Services | 9,528 | 7,113 to 14,829 |
| Information and Communications | 8,692 | 5,897 to 10,993 |
| Real Estate Services | 8,197 | 6,734 to 9,785 |
| Transportation and Storage | 7,903 | 5,078 to 12,205 |
| Wholesale and Retail Trade | 7,461 | 5,421 to 12,813 |
| Professional Services | 7,303 | 5,278 to 11,400 |
| Manufacturing | 6,877 | 5,410 to 10,471 |
ICT business process consultant/Business analyst (SSOC 25112). Source: MOM Occupational Wages 2025, Tables 4.1 to 4.14. No figure published for the other 7 industries.
Cell references
T4.7!C70:I70, T4.6!C56:I56, T4.8!C27:I27, T4.4!C54:I54, T4.3!C60:I60, T4.9!C75:I75, T4.1!C63:I63What it means
- MOM publishes business analyst pay for 7 of 14 industries. Information and communications is at S$8,692 and professional services, where consultancies sit, at S$7,303.
Part 3 · Over time
Pay over time and 2026 outlook
Business analyst pay rose from S$6,481 in 2023 to S$8,445 in 2025. No title in this guide has a stable enough history to project.
Official medians for the last six years, then a projection for June 2026.
| Occupation | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|---|---|---|
| ICT business process consultant/Business analyst | – | – | – | 6,481 | 8,500 | 8,445 | |
| Business consultant | – | – | – | 6,500 | 8,662 | 7,000 | |
| Management consultant | – | – | – | 8,605 | 10,799 | 9,701 |
Median gross monthly wage, June of each year, S$. "–" = not published, or the job code changed in a way that cannot be linked one-to-one. Earlier years use SSOC 2020 codes, linked to SSOC 2024 with SingStat's official correspondence table. MOM advises that single-year changes are noisy because the survey is a sample; look at the direction over several years. Source: MOM Occupational Wages 2020 to 2025, Table 4.
June 2026 projection Estimate
| Occupation | June 2025 (MOM) | June 2026 projection | 80% range | Range |
|---|---|---|---|---|
| ICT business process consultant/Business analyst | 8,445 | Not projected: too volatile | ||
| Business consultant | 7,000 | Not projected: too volatile | ||
| Management consultant | 9,701 | Not projected: too volatile | ||
Foundific projection v1, not official data. Central estimate = average of the last two MOM medians + economy-wide wage growth (3.73% a year, from MOM median income and the MAS inflation forecast). Tested on 2025: typical error 8.1%; 78.7% of actual values fell inside the 80% range. How the projection works.
What it means
- Management consultants: S$8,605 in 2023, S$10,799 in 2024, S$9,701 in 2025.
- Business consultants: S$6,500, S$8,662, then S$7,000.
- Why no projection: three years of data with large swings. MOM's June 2026 figures are due around mid-2027.
Part 4 · AI impact
Is business analysis affected by AI?
The ILO rates business analysts and consultants Moderate.
Based on the International Labour Organization's 2025 index, which scores every core task of a job from 0 (AI cannot help) to 1 (AI could do nearly all of it).
ICT business process consultant/Business analyst
ModerateAI exposure
Not exposedVery high
AI can speed up a fair share of the work, so the job is likely to change.
- Most exposed taskDeveloping functional specifications
- Least exposed taskExpanding or modifying systems
- In numbersAI could do a large part of 2 of its 7 main tasks.
Business consultant
ModerateAI exposure
Not exposedVery high
AI can speed up a fair share of the work, so the job is likely to change.
- Most exposed taskAssisting in implementing approved recommendations
- Least exposed taskDiscussing current systems
- In numbersAI could do a large part of 3 of its 9 main tasks.
Management consultant
ModerateAI exposure
Not exposedVery high
AI can speed up a fair share of the work, so the job is likely to change.
- Most exposed taskAssisting in implementing approved recommendations
- Least exposed taskDiscussing current systems
- In numbersAI could do a large part of 3 of its 9 main tasks.
ICT business process consultant/Business analystSSOC 25112
Moderateexposure to generative AI
- Not exposed
- Minimal
- Some
- Moderate
- High
- Very high
Scored as ILO group 2511 Systems analysts. Average task score 0.49, higher than 87% of the 427 jobs the ILO scored.
Business consultantSSOC 24212
Moderateexposure to generative AI
- Not exposed
- Minimal
- Some
- Moderate
- High
- Very high
Scored as ILO group 2421 Management and organization analysts. Average task score 0.46, higher than 84% of the 427 jobs the ILO scored.
Management consultantSSOC 24211
Moderateexposure to generative AI
- Not exposed
- Minimal
- Some
- Moderate
- High
- Very high
Scored as ILO group 2421 Management and organization analysts. Average task score 0.46, higher than 84% of the 427 jobs the ILO scored.
Eight factors, role by role
| Factor | ICT business process consultant/Business analyst | Business consultant | Management consultant |
|---|---|---|---|
| 1Exposure levelThe ILO's rating for the whole job, from not exposed up to very high. | Moderate | Moderate | Moderate |
| 2Average task scoreHow much of each core task generative AI could do, averaged. 0 means none, 1 means nearly all. | 0.49 higher than 87% of jobs | 0.46 higher than 84% of jobs | 0.46 higher than 84% of jobs |
| 3Tasks AI could do much ofTasks scoring 0.5 or more. These are the parts of the job most likely to change. | 2 of 7 | 3 of 9 | 3 of 9 |
| 4Hands-on or people tasksTasks scoring under 0.25: physical, in-person or judgement work that AI barely touches. | 0 of 7 | 0 of 9 | 0 of 9 |
| 5How even the exposure isEven means AI touches most tasks a little. Uneven means a few tasks are exposed and the rest are not. | Even (0.04) | Mixed (0.10) | Mixed (0.10) |
| 6Most exposed taskWhere AI tools are likely to show up first. | Developing functional specifications for use by systems… 0.56 | Assisting in implementing approved recommendations, issuing… 0.61 | Assisting in implementing approved recommendations, issuing… 0.61 |
| 7Least exposed taskThe task AI can help with least. | Expanding or modifying systems to improve workflow or serve… 0.43 | Discussing current systems with staff and observing systems… 0.28 | Discussing current systems with staff and observing systems… 0.28 |
| 8Pay trend so farChange in the MOM median since the first year on record. Any AI effect would show here in later years. | +30% S$6,481 (2023) to S$8,445 (2025) | +8% S$6,500 (2023) to S$7,000 (2025) | +13% S$8,605 (2023) to S$9,701 (2025) |
Most and least exposed tasks
ICT business process consultant/Business analyst
Most exposed tasks
- 0.56Developing functional specifications for use by systems developers
- 0.55Coordinating and linking the computer systems within an organization to…
- 0.49Consulting with users to formulate and document requirements and with…
Least exposed tasks
- 0.43Expanding or modifying systems to improve workflow or serve new purposes
- 0.45Taking responsibility for deploying functional solutions, such as creating…
- 0.46Identifying and analysing business processes, procedures and work practices
Business consultant
Most exposed tasks
- 0.61Assisting in implementing approved recommendations, issuing revised…
- 0.58Recording and analysing organizations’ workflow charts, records, reports…
- 0.54Undertaking and reviewing work studies by analysing existing and proposed…
Least exposed tasks
- 0.28Discussing current systems with staff and observing systems at all levels of…
- 0.39Assisting and encouraging the development of objectives, strategies and plans…
- 0.41Analysing and evaluating current systems and structures
Management consultant
Most exposed tasks
- 0.61Assisting in implementing approved recommendations, issuing revised…
- 0.58Recording and analysing organizations’ workflow charts, records, reports…
- 0.54Undertaking and reviewing work studies by analysing existing and proposed…
Least exposed tasks
- 0.28Discussing current systems with staff and observing systems at all levels of…
- 0.39Assisting and encouraging the development of objectives, strategies and plans…
- 0.41Analysing and evaluating current systems and structures
Compared with our other guides
Source: ILO Working Paper 140, Generative AI and Jobs: A Refined Global Index of Occupational Exposure (Gmyrek et al., 2025), CC BY 4.0. Singapore jobs matched to ILO groups with the SingStat SSOC 2024 to ISCO-08 correspondence table. Pay: MOM Occupational Wages. The ILO scores international job groups, not Singapore titles. How we read the AI scores.
Cell references
SSOC 25112 to ISCO 2511 (SSOC2024-ISCO08!B322); SSOC 24212 to ISCO 2421 (SSOC2024-ISCO08!B284); SSOC 24211 to ISCO 2421 (SSOC2024-ISCO08!B283)What it means for analysis and consulting
- Business analysts: average task score 0.49, higher than 87% of the 427 jobs the ILO scored. Developing functional specifications is the most exposed task; expanding or modifying systems the least.
- Consultants: 0.46, higher than 84% of jobs. Assisting in implementing recommendations is most exposed; discussing current systems with staff is least.
- Pay so far: business analyst pay rose 30% from 2023 to 2025. Any AI effect would show in later years.
- What exposure measures: how much of the work AI could do or speed up. It does not measure job cuts. Employers decide how to use AI.
Part 5 · Using the figures
Which figure should you compare with?
Match your title first, then your age band and your employer's industry and size.
| You are | Compare with | Figure |
|---|---|---|
| Choosing an analytics course | Business analytics and information systems degrees | S$4,800 to S$6,000 |
| Business analyst, early career | Business analyst, age 25 to 29 | S$5,416 |
| Business analyst in your thirties | Business analyst, age 30 to 39 | S$7,242 |
| Business analyst at a bank or insurer | Finance and insurance figure | S$9,528 |
| Business analyst at a large firm | Firms with 200 or more staff | S$9,138 |
| Strategy or management consultant | Management consultant row | S$9,701 |
About these figures
What the pay figures includeMonthly gross pay with allowances and overtime, without bonuses or employer CPF
Every figure is monthly, includes allowances and overtime, and excludes bonuses and employer CPF.
| Measure | Includes | Excludes |
|---|---|---|
| Basic wage | Basic pay | Allowances, overtime, bonus, employer CPF |
| Gross wage | Basic + allowances + overtime + commissions | Bonus, employer CPF, lump sums |
| Graduate salary | Same as gross, full-time permanent jobs only | Bonus, employer CPF |
- S$8,445 × 12 = S$101,340 a year before bonus. It is not a total package.
What this data does not coverBonuses are excluded, and the business analyst title covers both IT-facing and business-facing roles.
Bonuses are excluded, and the business analyst title covers both IT-facing and business-facing roles.
- Titles vary: MOM records the title the employer reports. Product owners, process analysts and functional consultants may be coded here or elsewhere.
- Bonuses: excluded from every figure. Consulting bonuses can be a large part of pay.
- Residents only: figures cover full-time Singapore citizens and permanent residents. Staff on work passes are not included.
- Small firms with fewer than 25 staff are outside the survey.
- Private sector: MOM surveys private-sector employers with 25 or more staff. Government ministries are not included.
Related guides
Sources
MOM Occupational Wages 2025 and MOE Graduate Employment Survey 2025
- MOM, Occupational Wages 2025, Tables 1 to 4. June 2025, released 30 June 2026. SSOC 25112, 24212, 24211. Exact cells are listed under each table.
- MOE, NUS GES 2025. Bachelor of Computing (Information Systems); Bachelor of Science (Business Analytics).
- MOE, SMU GES 2025. Information Systems.
- MOE, SUSS GES 2025. Bachelor of Science in Business Analytics.
- MOM, Coverage and Methodology 2025.
- ILO generative AI exposure index 2025, matched to SSOC through the SingStat correspondence table.