Entry-Level Equity Research Associate in Mumbai Salary (India)

The average salary for an Entry-Level Equity Research Associate in Mumbai, Maharashtra is Rs 415,286 per year. A skill in Financial Analysis is associated with high pay for this job.

Rs 186,345 - Rs 893,964
Rs 190K
Rs 490K
Rs 890K
MEDIAN: Rs 494,348
Rs 0Rs 1M
Salary Rs 186,345 - Rs 893,964
Bonus Rs 0.00 - Rs 202,735
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 188,468 - Rs 1,017,863
  • Country: India
  • Currency: INR
  • Updated: 9 Jan 2018
  • Individuals Reporting: 50

Job Description for Equity Research Associate

Equity research associates support senior equity analysts in the research process, generating information, ideas, and reports. They create, distribute, and update financial models, as well as generate reports on companies and other entities of interest. These associates must be able to perform analysis on market events - and other significant events - as required by senior analysts and other managers. This position occasionally involves communicating financially dense material into common language for clients, prospective clients, and other employees. Equity research associates must regularly work with clients (either directly or in providing information to colleagues), answering their questions and responding to their needs.


Equity Research Associate Tasks

  • Conduct grass roots surveys of industry-specific domestic and international players.
  • Analyze macroeconomic and industry data, source, and map market research to assess and describe current and long-term trends.
  • Conduct/compile financial statement analysis and forecasts for use in company updates and recommendations to clients.
  • Prepare and deliver proprietary market research reports on specific industry for distribution to sophisticated institutional money managers.
  • Conduct thorough primary and secondary research and due diligence via SEC filings, company press releases, industry trade publications, Wall Street research notes and quarterly company conference calls.

Equity Research Associate Job Listings

Key Stats for Equity Research Associate


33 %
67 %
Less than 1 year
1-4 years
5-9 years

Skills That Affect Equity Research Associate Salaries

National Average
Rs 526,000

Financial Analysis


Financial Modeling


33 %
67 %

Common Health Benefits

medical benefits
Medical: 45%
dental benefits
Dental: 3%
vision benefits
no benefits
None: 55%