Average Business Analytics Specialist Salary in Mexico for 2024

In this article, we will look at the average Business Analytics Specialist salary for 2024 in Mexico and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Business Analytics Specialist Make in Mexico?

A Business Analytics Specialist working in Mexico will typically earn around 325,800 MXN per year, and this can range from the lowest average salary of about 167,100 MXN to the highest average salary of 492,700 MXN.

Average Annual Salary
325,800 MXN
Average Monthly Salary
27,150 MXN
Lowest Annual Salary
167,100 MXN
Lowest Monthly Salary
13,925 MXN
Highest Annual Salary
492,700 MXN
Highest Monthly Salary
41,058 MXN

These are average salaries for a Business Analytics Specialist in Mexico and include benefits such as housing and transport. It's also possible for a Business Analytics Specialist to earn more or less than the average salaries shown above.

Business Analytics Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Analytics Specialist Salaries in Mexico

So we've looked at the average salaries a Business Analytics Specialist will earn in Mexico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Analytics Specialist can earn between 167,100 MXN and 492,700 MXN on average in Mexico. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Analytics Specialist in Mexico is 312,400 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 312,400 MXN, and 50% of the population earn more than 312,400 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Analytics Specialist salary in Mexico, 25% of the population are earning less than 214,000 MXN while 75% of the population earn more than 214,000 MXN.

75% of the population earn less than 385,300 MXN, and 25% of the population earn more than 385,300 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Business Analytics Specialist Salary by Experience Level in Mexico

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average business analytics specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Business Analytics Specialist in Mexico that has less than two years of experience can expect to earn somewhere in the region of 192,000 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Analytics Specialist salary would increase to 258,400 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Analytics Specialist, the average salary would be 332,100 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 403,100 MXN.
  • 15 - 20 Years Experience. A Business Analytics Specialist with 15 to 20 years of experience can earn an average of 442,200 MXN.
  • 20+ Years Experience. For a Business Analytics Specialist with more than 20 years, the expected average salary increases to 464,400 MXN.

Average Salary by Experience Chart

0-2 Years
192,000 MXN
2-5 Years +34%
258,400 MXN
5-10 Years +30%
332,100 MXN
10-15 Years +21%
403,100 MXN
15-20 Years +9%
442,200 MXN
20+ Years +5%
464,400 MXN

Business Analytics Specialist Salary by Education Level in Mexico

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Analytics Specialist in Mexico based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Analytics Specialist in Mexico with a high school education can earn an average salary of 231,000 MXN.

  • Certificate or Diploma. A Business Analytics Specialist in Mexico with a certificate or diploma education can earn an average salary of 263,100 MXN.

  • Bachelor's Degree. A Business Analytics Specialist in Mexico with a bachelor's degree education can earn an average salary of 369,300 MXN.

  • Master's Degree. A Business Analytics Specialist in Mexico with a master's degree education can earn an average salary of 447,700 MXN.

Average Salary by Education Chart

High School
231,000 MXN
Certificate or Diploma +14%
263,100 MXN
Bachelor's Degree +41%
369,300 MXN
Master's Degree +21%
447,700 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Business Analytics Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Mexico, a male business analytics specialist will earn an average of 341,400 MXN, while a female business analytics specialist will earn around 312,400 MXN.

This means that a male business analytics specialist earns approximately 9% more than a female business analytics specialist for performing the same job.

Average Salary by Gender Chart in Mexico

Male
341,400 MXN
Female -9%
312,400 MXN

Business Analytics Specialist Average Pay Raise in Mexico

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Analytics Specialist in Mexico is around 11% every 18 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 18 ) × 12  = 7%

What this means is that a Business Analytics Specialist in Mexico can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Business Analytics Specialist Bonus and Incentive Rates in Mexico

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Analytics Specialist is a moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus
52%
No Bonus
48%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector
415,900 MXN
Private Sector -8%
384,200 MXN

Salaries for Jobs Similar to a Business Analytics Specialist

In the table below, we have salary information for jobs that are similar to a Business Analytics Specialist in Mexico.

Job Title Category Salary
Account Handler Marketing 315,700 MXN
Affiliate Manager Marketing 447,300 MXN
Analytics Specialist Marketing 327,800 MXN
Assistant Brand Manager Marketing 454,300 MXN
Assistant Product Manager Marketing 480,300 MXN
Associate Marketing Manager Marketing 487,600 MXN
Associate Product Manager Marketing 485,300 MXN
Brand Ambassador Marketing 614,600 MXN
Brand Director Marketing 778,900 MXN
Brand Executive Marketing 643,800 MXN
Brand Manager Marketing 664,500 MXN
Business Channel Manager Marketing 450,300 MXN
Business Intelligence Team Leader Marketing 480,300 MXN
Campaign Specialist Marketing 409,000 MXN
Chief Marketing Officer Marketing 683,800 MXN
Chief Product Officer Marketing 680,100 MXN
Communications Officer Marketing 207,700 MXN
Content Manager Marketing 382,600 MXN
Content Marketing Strategist Marketing 445,100 MXN
Copy Editer Marketing 266,000 MXN
Copy Writer Marketing 275,500 MXN
Creative Marketing Lead Marketing 425,100 MXN
Creative Writer Marketing 273,000 MXN
Digital Marketer Marketing 394,500 MXN
Digital Marketing Manager Marketing 547,800 MXN
Digital Marketing Strategist Marketing 529,600 MXN
Digital Media Specialist Marketing 454,300 MXN
Director of Marketing Marketing 689,900 MXN
Director of Research Marketing 502,200 MXN
eMarketing Manager Marketing 582,700 MXN
Event Marketing Marketing 514,800 MXN
Head of Executive Search Marketing 606,400 MXN
Key Affiliate Manager Marketing 500,100 MXN
Localization Manager Marketing 475,700 MXN
Market Development Executive Marketing 572,200 MXN
Market Development Manager Marketing 572,200 MXN
Market Research Analyst Marketing 485,300 MXN
Market Research Manager Marketing 496,100 MXN
Market Segmentation Director Marketing 518,300 MXN
Marketing Account Supervisor Marketing 420,800 MXN
Marketing Administrator Marketing 367,200 MXN
Marketing Advisor Marketing 401,300 MXN
Marketing Analyst Marketing 431,300 MXN
Marketing and Communications Officer Marketing 258,400 MXN
Marketing and Sales Head Marketing 691,200 MXN
Marketing Assistant Marketing 225,700 MXN
Marketing Associate Marketing 228,000 MXN
Marketing Communications Manager Marketing 472,100 MXN
Marketing Consultant Marketing 504,400 MXN
Marketing Coordinator Marketing 227,600 MXN
Marketing Director Marketing 696,700 MXN
Marketing Distribution Executive Marketing 551,200 MXN
Marketing Executive Marketing 565,100 MXN
Marketing Manager Marketing 719,100 MXN
Marketing Officer Marketing 232,400 MXN
Marketing Segment Manager Marketing 520,900 MXN
Marketing Specialist Marketing 362,200 MXN
Marketing Supervisor Marketing 404,600 MXN
Marketing Vice President Marketing 563,300 MXN
Marketing Writer Marketing 266,000 MXN
Online Marketing Analyst Marketing 399,900 MXN
Online Marketing Manager Marketing 467,700 MXN
Optimization Manager Marketing 447,700 MXN
Outbound Sales Marketing 314,500 MXN
Outreach Coordinator Marketing 305,600 MXN
Outreach Specialist Marketing 371,100 MXN
Product Development Marketing 489,600 MXN
Product Manager Marketing 545,300 MXN
Product Marketing Engineer Marketing 301,800 MXN
Product Marketing Executive Marketing 535,800 MXN
Product Marketing Manager Marketing 548,500 MXN
Product Researcher Marketing 301,800 MXN
Product Strategist Marketing 431,300 MXN
Product Strategy Researcher Marketing 384,200 MXN
Product Training Specialist Marketing 351,200 MXN
Project Manager Marketing 426,700 MXN
Publications Coordinator Marketing 263,100 MXN
Research Executive Marketing 489,600 MXN
Sales and Marketing Assistant Marketing 208,600 MXN
Sales and Marketing Coordinator Marketing 228,000 MXN
Sales and Marketing Director Marketing 746,600 MXN
Sales Director Marketing 675,100 MXN
Sales Management Support Marketing 243,000 MXN
Sales Manager Marketing 648,200 MXN
Search Marketing Strategist Marketing 605,700 MXN
Social Media Administrator Marketing 407,100 MXN
Social Media Specialist Marketing 377,200 MXN
Spaceman Analyst Marketing 225,700 MXN
Sponsorship Consultant Marketing 367,200 MXN
Team Leader Marketing 411,400 MXN
Telemarketer Marketing 215,100 MXN
Trade Marketing Executive Marketing 535,800 MXN
Trade Marketing Manager Marketing 543,200 MXN
Trade Marketing Professional Marketing 420,800 MXN
Trade Marketing Specialist Marketing 320,500 MXN
Web Analytics Manager Marketing 454,300 MXN
Web Content Manager Marketing 420,800 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Acapulco 375,200 MXN
Acuna 301,600 MXN
Aguascalientes 378,800 MXN
Boca del Rio 266,000 MXN
Buenavista 308,900 MXN
Campeche 311,700 MXN
Cancun 378,300 MXN
Celaya 325,900 MXN
Chalco 288,100 MXN
Chetumal 271,300 MXN
Chicoloapan 282,300 MXN
Chihuahua 397,900 MXN
Chilpancingo 309,800 MXN
Chimalhuacan 394,500 MXN
Cholula de Rivadabia 282,500 MXN
Ciudad Apodaca 353,600 MXN
Ciudad del Carmen 288,100 MXN
Ciudad Juarez 272,800 MXN
Ciudad Lopez Mateos 369,900 MXN
Ciudad Obregon 345,100 MXN
Ciudad Santa Catarina 320,500 MXN
Ciudad Valles 263,100 MXN
Ciudad Victoria 325,800 MXN
Coacalco 335,800 MXN
Coatzacoalcos 311,700 MXN
Colima 277,400 MXN
Cordoba 275,800 MXN
Cuautitlan Izcalli 367,900 MXN
Cuautla 263,100 MXN
Cuernavaca 357,300 MXN
Culiacan 388,100 MXN
Delicias 249,600 MXN
Durango 375,200 MXN
Ecatepec de Morelos 397,900 MXN
Ensenada 340,400 MXN
Fresnillo 245,300 MXN
General Escobedo 352,000 MXN
Gomez Palacio 339,100 MXN
Guadalajara 417,100 MXN
Guadalupe 385,300 MXN
Guaymas 240,500 MXN
Hermosillo 378,800 MXN
Hidalgo del Parral 252,300 MXN
Iguala 246,200 MXN
Irapuato 367,900 MXN
Ixtapaluca 325,600 MXN
Jiutepec 283,700 MXN
La Paz 318,800 MXN
Leon 399,900 MXN
Los Mochis 325,900 MXN
Los Reyes la Paz 307,400 MXN
Manzanillo 263,900 MXN
Matamoros 367,900 MXN
Mazatlan 362,200 MXN
Merida 375,200 MXN
Metepec 301,800 MXN
Mexicali 394,800 MXN
Mexico City 417,100 MXN
Minatitlan 252,300 MXN
Monclova 294,300 MXN
Monterrey 417,200 MXN
Morelia 384,500 MXN
Naucalpan 415,900 MXN
Navojoa 249,600 MXN
Nezahualcoyotl 417,200 MXN
Nogales 292,000 MXN
Nuevo Laredo 344,600 MXN
Oaxaca 327,300 MXN
Ojo de Agua 325,900 MXN
Orizaba 239,000 MXN
Pachuca 312,400 MXN
Piedras Negras 266,000 MXN
Playa del Carmen 266,000 MXN
Poza Rica 301,800 MXN
Puebla 397,900 MXN
Puerto Vallarta 294,300 MXN
Queretaro 390,000 MXN
Reynosa 369,300 MXN
Salamanca 271,300 MXN
Saltillo 397,900 MXN
San Cristobal de las Casas 294,700 MXN
San Juan del Rio 263,900 MXN
San Luis Potosi 369,300 MXN
San Luis Rio Colorado 288,100 MXN
San Nicolas de los Garza 345,100 MXN
San Pablo de las Salinas 279,400 MXN
San Pedro Garza Garcia 263,900 MXN
Soledad de Graciano Sanchez 301,600 MXN
Tampico 335,800 MXN
Tapachula 301,600 MXN
Tehuacan 330,700 MXN
Tepic 325,900 MXN
Tijuana 419,400 MXN
Tlalnepantla de Baz 384,500 MXN
Tlaquepaque 385,300 MXN
Toluca 348,300 MXN
Tonala 345,700 MXN
Torreon 369,900 MXN
Tuxtla Gutierrez 352,000 MXN
Uruapan 317,700 MXN
Veracruz 344,600 MXN
Villa Nicolas Romero 325,800 MXN
Villahermosa 345,100 MXN
Xalapa 366,200 MXN
Xico 341,900 MXN
Zacatecas 258,400 MXN
Zamora de Hidalgo 275,200 MXN
Zapopan 399,900 MXN

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