Average Equity Research Associate Salary in Mumbai, Maharashtra

The line graph shows Equity Research Associate salary in Mumbai, Maharashtra, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Equity Research Associate working less than a year in a company, you notice that their annual salary starts around ₹6,07,268.43.

As the years of experience reaches 1 to 4, there is a significant increase of ₹96,488.91 which would give a total wage of INR703,757.34.

Once the experience reaches 5-9 years Equity Research Associate salary would decrease to a total of ₹5,75,850.00, subtracting ₹1,27,907.34 from the last salary.

The bar graph data indicates the importance of specific skills which can have a direct impact on Equity Research Associate's salary. It clearly highlights the skills needed for a post of Equity Research Associate when hired by an employer.

The most vital skill expected of Equity Research Associate is Financial Modeling which impacts the most than the rest of the skills indicated with a staggering 29% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Modeling.

The skill least likely to affect one’s pay would be Financial Analysis with 10%. It can be said that Financial Analysis skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Equity Research Associate. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹5,99,561.00 whereas the highest earning is ₹7,37,460.00 which clearly shows the salary increases with the level of expertise.

Early Career person will earn the maximum salary of ₹7,37,460.00 at 23%. So to summerize, Entry Level earns 7% more than the average salary, Early Career earns 23% more than the average salary, Mid Carrer earns 0% less than the average salary.