Equity Research Associate in Mumbai Salary

The average pay for an Equity Research Associate in Mumbai, Maharashtra is Rs 466,019 per year. A skill in Financial Modeling is associated with high pay for this job. Most people move on to other jobs if they have more than 10 years' experience in this field.

Rs 185,634 - Rs 1,579,622
Rs 190K
Rs 470K
Rs 2M
MEDIAN: Rs 466,018

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Local Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
Rs 0Rs 700KRs 1.4MRs 2.1M
Rs 185,634 - Rs 1,579,622  
Rs 8,125 - Rs 503,353  
Profit Sharing
Rs 0.00  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
Rs 198,442 - Rs 1,923,964  
Country: India | Currency: INR | Updated: 19 Sep 2015 | Individuals Reporting: 62
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Experience Affects Equity Research Associate Salaries

up arrow 245%

National Average
Rs 540,000

Skills That Affect Equity Research Associate Salaries

Financial Modeling
up arrow 16%

Financial Analysis
up arrow 8%

up arrow 4%

National Average
Rs 540,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.


7 %
93 %

Years of Experience

Less than 1 year
1-4 years
5-9 years

Common Health Benefits

medical benefits
Medical: 52%
dental benefits
Dental: 4%
medical benefits
dental benefits
None: 48%