FINANCIAL ANALYST / SALARY
MUMBAI

SALARY SURVEYS

33

UPDATED
April 2024
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(based on your career and experience)

AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

1,486,070 INR

$17,864 USD

Bangalore

1,095,752 INR

582,316 INR

$7,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Financial Analyst / Mumbai

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Average salary for Financial Analyst / Mumbai is 1,486,070 INR per year. The most typical earning is 582,316 INR. All data are based on 33 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,422,514 INR. Women receive a salary of 1,156,313 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 2,545,552 INR. The second most paid education level is Masters Degree with salary of 1,597,209 INR.

Different experiences affect earning as well. People with 8-12 Years of experience receive salary of 2,187,844 INR. Employees with 1-2 Years of experience receive 1,738,629 INR.

Levels / Financial Analyst / Mumbai (Gross INR)

Salary Levels (INR) per Year	Surveys	[%]
83,200 INR - 166,299 INR	0	n/a
166,400 INR - 249,499 INR	0	n/a
249,600 INR - 415,899 INR	1	100% 3.03%
THE MOST TYPICAL SALARY
415,900 INR - 831,799 INR	11	96.97% 33.33%
831,900 INR - 1,247,699 INR	4	63.64% 12.12%
1,247,800 INR - 1,663,699 INR	3	51.52% 9.09%
1,663,800 INR - 2,079,599 INR	7	42.42% 21.21%
2,079,700 INR - 2,495,599 INR	2	21.21% 6.06%
2,495,600 INR - 2,911,499 INR	2	15.15% 6.06%
2,911,600 INR - 3,327,399 INR	2	9.09% 6.06%
3,327,500 INR - 3,743,399 INR	0	n/a
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	1	3.03% 3.03%
4,575,300 INR - 4,991,199 INR	0	n/a
4,991,300 INR - 5,407,099 INR	0	n/a
5,407,200 INR - 5,823,099 INR	0	n/a
5,823,200 INR - 6,238,999 INR	0	n/a
6,239,100 INR - 6,654,999 INR	0	n/a
6,655,000 INR - 7,070,899 INR	0	n/a
7,071,000 INR - 7,486,799 INR	0	n/a
7,486,900 INR - 7,902,799 INR	0	n/a
7,902,900 INR - 8,318,699 INR	0	n/a
8,318,800 INR - 8,734,699 INR	0	n/a
8,734,700 INR - 9,150,599 INR	0	n/a
9,150,700 INR - 9,566,499 INR	0	n/a
9,566,600 INR - 9,982,499 INR	0	n/a
9,982,600 INR - 10,398,399 INR	0	n/a
10,398,500 INR - 10,814,399 INR	0	n/a
10,814,400 INR - 11,230,299 INR	0	n/a
11,230,400 INR - 11,646,199 INR	0	n/a
11,646,300 INR - 12,062,199 INR	0	n/a
12,062,300 INR - 12,478,099 INR	0	n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR	0	n/a
13,310,100 INR - 14,141,899 INR	0	n/a
14,142,000 INR - 14,973,799 INR	0	n/a
14,973,800 INR - 15,805,599 INR	0	n/a
15,805,700 INR - 16,637,499 INR	0	n/a
16,637,600 INR - 17,469,399 INR	0	n/a
17,469,500 INR - 18,301,299 INR	0	n/a
18,301,400 INR - 19,133,199 INR	0	n/a
19,133,200 INR - 19,964,999 INR	0	n/a
19,965,100 INR - 20,796,899 INR	0	n/a
20,797,000 INR - 29,115,799 INR	0	n/a

Gender / Financial Analyst / Mumbai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	25	1,422,514 INR
2	Women	6	1,156,313 INR

Education / Financial Analyst / Mumbai (Gross INR)

#		Surveys
1	Doctorate Degree	1	2,545,552 INR
2	Masters Degree	19	1,597,209 INR
3	Bachelors Degree	13	1,239,501 INR

Experience / Financial Analyst / Mumbai (Gross INR)

#		Surveys
1	8-12 Years	3	2,187,844 INR
2	1-2 Years	2	1,738,629 INR
3	4-8 Years	17	1,597,209 INR
4	2-4 Years	8	1,114,719 INR
5	0-1 Year	3	989,937 INR

Age / Financial Analyst / Mumbai (Gross INR)

#		Surveys
1	n/a	2	3,285,926 INR
2	36-40	1	3,094,593 INR
3	31-35	9	1,763,585 INR
4	26-30	16	1,172,950 INR
5	21-25	5	956,662 INR

Work Type / Financial Analyst / Mumbai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	32	1,514,021 INR
2	Contract	1	532,403 INR

People's individual salary examples (surveys)

Analyst

Posted 19 July 2022
Key knowledge and tasks

"Analysis of financial statements."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	0-1 Year	Intermediate	573,400 INR

Senior Research Associate

Posted 11 October 2020
Key knowledge and tasks

"CFA, MBA, sell side equity research."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	1,721,900 INR

Senior Associate

Posted 14 September 2020
Key knowledge and tasks

"Fund Accounting, reconciliation."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	814,400 INR

Assistant Manager Finance

Posted 29 August 2019
Key knowledge and tasks

"Financial Planning and analysis."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	2,790,300 INR

Treasury Dealer

Posted 24 June 2019
Key knowledge and tasks

"Treasury dealing activities from front desk."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	1,976,500 INR

Consultant

Posted 02 May 2019
Key knowledge and tasks

"My skill sets include - Due diliegence, financial analysis, MIS, accounting and microsoft office."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	2-4 Years	n/a	1,685,800 INR

Manager

Posted 01 May 2019
Key knowledge and tasks

"Part of valuations team."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	4-8 Years	n/a	1,395,100 INR

Associate

Posted 14 April 2019
Key knowledge and tasks

"Private equity associate."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	2-4 Years	n/a	2,034,600 INR

Credit Rating Analyst

Posted 07 April 2019
Key knowledge and tasks

"Analyzing financial statements and provide credit rating based on the financial performance of the company."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	4-8 Years	n/a	544,000 INR

Research Analyst

Posted 30 January 2019
Key knowledge and tasks

"Analyze Mutual Fund Industry, Equity Market, Macro & Micro Economic events, report writing, advisory."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	4-8 Years	n/a	813,800 INR

Assistant Manager

Posted 06 November 2018
Key knowledge and tasks

"Risk professional."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	1,684,500 INR

Financial Analyst

Posted 30 September 2018
Key knowledge and tasks

"Researching companies and sharing investment thesis."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	4-8 Years	n/a	3,239,400 INR

Senior Financial Analyst

Posted 26 May 2018
Key knowledge and tasks

"Financial analysis."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	4-8 Years	n/a	829,300 INR

FINANCIAL ANALYST / SALARY MUMBAI

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