The average salary for a Research Analyst in India is ₹393,106.
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 Research Analysts Do?
Research analysts must carefully examine data and produce meaningful information for their employer. This can involve not only drawing meaning from the data, but also checking to make sure the data is correct and using it to validate ideas and theories. When not examining or verifying information, a research analyst must work with their superiors to demonstrate what they have learned from their data and how it can be applied in the future for their business.
Research analysts can be found in bo…Read more
Research Analyst Tasks
- Use a variety of sources to research and analyze topics, becoming an expert in a field.
- Collect and analyze quantitative data.
- Present results in written and oral formats.
- Interview clients or team members to identify information needs and deliverables.
Job Satisfaction for Research Analyst
Popular Employer Salaries for Research Analyst
The top respondents for the job title Research Analyst are from the companies Crisil, Frost and Sullivan and Thomson Reuters. Reported salaries are highest at Crisil where the average pay is ₹673,388. Other companies that offer high salaries for this role include EY (Ernst & Young) and MarketsandMarkets, earning around ₹650,000 and ₹510,924, respectively. Factset Research Systems Inc. pays the lowest at around ₹257,000. Thomson Reuters and Frost and Sullivan also pay on the lower end of the scale, paying ₹375,000 and ₹469,787, respectively.
Research Analyst Job Listings
What Are Popular Skills for Research Analysts?
Skills in Research Analysis, Market Research, Microsoft Excel, Data Analysis and Microsoft Office are correlated to pay that is above average.
What is the Pay by Experience Level for Research Analysts?
An entry-level Research Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹305,903 based on 307 salaries. An early career Research Analyst with 1-4 years of experience earns an average total compensation of ₹389,753 based on 911 salaries. A mid-career Research Analyst with 5-9 years of experience earns an average total compensation of ₹631,446 based on 189 salaries. An experienced Research Analyst with 10-19 years of experience earns an average total compensation of ₹800,000 based on 27 salaries.
Pay Difference by Location
Employees with Research Analyst in their job title in Bangalore, Karnataka earn an average of 16.0% more than the national average. These job titles also find higher than average salaries in Gurgaon, Haryana (12.3% more) and Mumbai, Maharashtra (10.7% more). The lowest salaries can be found in Hyderabad, Andhra Pradesh (17.2% less) and Pune, Maharashtra (1.7% less).
Years of Experience
This data is based on 1,434 survey responses.