The average business analyst salary across the consulting industry generally ranges from $90,000 to $110,000 for entry-level positions. This average salary can vary depending on factors like the firm, location, and additional bonuses or benefits offered. For example, firms in high-cost cities often offer higher base salaries to account for the increased cost of living. As business analysts gain experience and take on more responsibilities, their salaries can increase significantly, often reaching $140,000 or more with bonuses and performance-based rewards.