The average salary for a Financial Analyst in India is ₹405,783.
Tell us about your job and pay factors like skills and education Find your market worth with a report tailored to you Negotiate your pay with confidence
What Do Financial Analysts Do?
Corporations and businesses typically have a responsibility to shareholders and owners to use earned income in a way that builds company wealth. A financial analyst carefully studies marketplace trends, demographics and microeconomic factors to help the company make smart investments. The financial analyst may also provide advice to companies on issuing their own bonds, splitting stock and other areas of concern.
One of the most important roles for a financial analyst is to fully understand how…Read more
Financial Analyst Tasks
- Provide financial analysis support to various areas of the company.
- Prepare detailed annual financial budget and monthly financial forecasts.
- Assist with preparation of weekly, monthly and quarterly financial analysis schedules of actual vs. budget variances.
Popular Employer Salaries for Financial Analyst
The top respondents for the job title Financial Analyst are from the companies Accenture, EY (Ernst & Young) and eClerx. Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is ₹750,000. Other companies that offer high salaries for this role include Accenture and EY (Ernst & Young), earning around ₹458,840 and ₹414,473, respectively. eClerx pays the lowest at around ₹221,014. The Northern Trust Company and Deutsche Bank also pay on the lower end of the scale, paying ₹250,897 and ₹343,000, respectively.
Financial Analyst Job Listings
What Are Popular Skills for Financial Analysts?
Skills in Financial Analysis, Financial Reporting and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Accounting and Microsoft Excel.
What is the Pay by Experience Level for Financial Analysts?
An entry-level Financial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹319,938 based on 676 salaries. An early career Financial Analyst with 1-4 years of experience earns an average total compensation of ₹373,796 based on 1,822 salaries. A mid-career Financial Analyst with 5-9 years of experience earns an average total compensation of ₹582,301 based on 689 salaries. An experienced Financial Analyst with 10-19 years of experience earns an average total compensation of ₹891,661 based on 135 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹1,100,000.
Pay Difference by Location
Employees with Financial Analyst in their job title in Gurgaon, Haryana earn an average of 13.1% more than the national average. These job titles also find higher than average salaries in New Delhi, Delhi (10.1% more) and Mumbai, Maharashtra (7.6% more). The lowest salaries can be found in Pune, Maharashtra (13.1% less), Hyderabad, Andhra Pradesh (3.3% less) and Bangalore, Karnataka (0.0% less).
Years of Experience
This data is based on 3,332 survey responses.