Business Architect Salary
A business architect salary can vary greatly based on location and employer. In Brisbane, the average salary is $130,000. A business architect with this designation has proven themselves to be highly qualified in their chosen field. In addition to their education, a business architect will typically have a wealth of industry experience, including experience in project management, business intelligence, and business analysis.
Business architects are often involved in the design and creation of a company’s overall strategy. This role requires them to coordinate with other disciplines and augment different components of the organization. People with a background in business analysis, technology, or project management can easily make the transition to this role. Even technical architects can make a successful transition.
A Business Architect salary may range from $101,000 to $169,000 per year, with the highest paid earning around $173,500 a year. However, the average salary range is higher than the national average. Business Architect salaries may also vary significantly depending on experience and location. If you’re interested in becoming a Business Architect, make sure to check out the details below.
Those with a background in quantitative fields should first consider becoming a business analyst. A business analyst’s role in business architecture consists of proposing detailed models and data that support business decisions. They typically describe problems, opportunities, and solutions. They also provide budgets, variables, and other details. In contrast, a business architect works on high-level strategies and end-to-end systems.
The salary of a Business Architect varies widely, depending on their experience, education, and certifications. According to PayScale.com, entry-level enterprise architects make an average of $82,000 annually, while those with more experience can make up to $152,000. The national average salary for a Business Architect is $128,061 per year, depending on location and education.
Business architects can go from a simple role in the company as business managers, overseeing the end-to-end lifecycle of products and services, to a more senior IT leadership position or becoming CEOs. Learning and development are essential to be successful in this field, and a formal TOGAF certification is a great way to get started.
As a business architect, you will be responsible for bridging the gap between business and technology. You’ll develop strategies and capabilities to match business strategy to IT processes. A good business architect will also be able to integrate strategy with execution. The job description of a business architect will include delivering key deliverables, such as an operating and business model analysis, business entities, and a system footprint analysis.