Business Advisor Salary in Indianapolis, Indiana

How much does a Business Advisor make in Indianapolis, IN?

As of March 01, 2025, the average annual salary for a Business Advisor in Indianapolis, IN is $101,225. Salary.com reports that pay typically ranges from $90,420 to $114,417, with most professionals earning between $80,582 and $126,428.

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Salary range for a Business Advisor

$90,420 to $114,417

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Business Advisor

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Job Openings for Business Advisor in Indianapolis, IN

What does a Business Advisor do?

Common responsibilities of a Business Advisor

Collaborate with all levels of stakeholder, customer and project team to ensure technical solutiosn align to the full-scope of user needs.

October 25, 2022

Manage internal activities of Asset Optimization that include responsibilities of gathering data, providing analysis, preparing reports, making recommendations, driving productivity initiatives and corrective actions.

November 20, 2022

Build and maintain positive relationships with business units and help the team work with users to shape the application in a collaborative and engaging fashion, striving at all times to deliver an amazing product.

February 08, 2023

Demonstrated ability to work effectively with diverse populations, including multicultural experience and cross-cultural communication skills.

February 23, 2023

Assist clients with developing business, financing and marketing plans, as well as a full range of management issues that include personnel issues and understanding the state and regional business climate.

March 02, 2023

Develop and maintain detailed action plans and provide material support to correct operational deficiencies that may be adversely affecting the sales/profitability of our retail partners.

March 11, 2023

Leads the development of post-implementation reviews for projects to determine if the outcomes of the project are consistent with the assumptions used in the pre-decision analysis.

March 19, 2023

Support the leadership team through deployment of robust change management strategies and communication plans as the organizations grow and evolve.

March 27, 2023

Understanding of managed care business processes, data, systems, and applications for claims payment, enrollment, benefit design, and utilization management.

April 09, 2023

Provides cost/benefit analysis, return on investment, present value analysis and various other types of financial analysis of proposed projects, as well as the measurement / impact on current processes, to assist management in making informed decisions on divisional projects.

May 02, 2023

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Business Advisor Salary By Experience Levels in Indianapolis, IN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Business Advisor Salary By Level of Education in Indianapolis, IN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Business Advisor in Indianapolis, IN

Average Base Salary

Core compensation

90420

114417

101225

Average Total Cash Compensation

Includes base and annual incentives

94128

122423

106003

What is the average salary for Business Advisor in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Advisor in Indianapolis, IN. The base salary for Business Advisor ranges from $90,420 to $114,417 with the average base salary of $101,225. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $94,128 to $122,423 with the average total cash compensation of $106,003.

View Average Salary for Business Advisor as table

	Average Salary	Average Salary Range
Base Salary	$101,225	$90,420 - $114,417
Bonus	$4,778	$3,709 - $8,006
Total Pay	$106,003	$94,128 - $122,423

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Business Advisor Salary Near Indianapolis, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Indianapolis, IN
CITY, STATE Fishers, IN	AVERAGE SALARY RANGE $88,790 - $112,356	COMPARE TO Indianapolis, IN
CITY, STATE Greenwood, IN	AVERAGE SALARY RANGE $90,382 - $114,370	COMPARE TO Indianapolis, IN
CITY, STATE Carmel, IN	AVERAGE SALARY RANGE $90,308 - $114,276	COMPARE TO Indianapolis, IN
CITY, STATE Anderson, IN	AVERAGE SALARY RANGE $86,052 - $108,890	COMPARE TO Indianapolis, IN
CITY, STATE Bloomington, IN	AVERAGE SALARY RANGE $85,600 - $108,319	COMPARE TO Indianapolis, IN
CITY, STATE Muncie, IN	AVERAGE SALARY RANGE $85,717 - $108,467	COMPARE TO Indianapolis, IN

See salaries for Business Advisor in locations close to Indianapolis, IN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Indianapolis, Indiana

Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indianapolis (balance) encompasses a total area of 368.2 square miles (954 km2), of which 361.5 square miles (936 km2) is land and 6.7 square miles (17 km2) is water. The consolidated city boundaries are coterminous with Marion County, with the exception of the autonomous municipalities of Beech Grove, Lawrence, Southport, and Speedway. Indianapolis is the 16th largest city by land area in the U.S. Indianapolis is within the Tipton Till Plain, a flat to...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Business Advisor job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Indianapolis, IN that might be a good fit for the type of job and salary you are looking for.

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