Average Financial Analyst with Research Analysis Skills Salary in Mumbai, Maharashtra

The line graph shows Financial Analyst 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 Financial Analyst working less than a year in a company, you notice that their annual salary starts around ₹3,28,731.82.

As the years of experience reaches 1 to 4, there is a significant increase of ₹78,013.15 which would give a total wage of INR406,744.97.

Once the experience reaches 5-9 years Financial Analyst salary would increase again to a total of ₹12,15,547.73, adding ₹8,08,802.76 from the last salary increase.

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

The most vital skill expected of Financial Analyst is Budgeting which impacts the most than the rest of the skills indicated with a staggering 279% comparatively. Therefore, one’s salary would greatly depend on their skills in Budgeting.

The skill least likely to affect one’s pay would be Reconciliation with 45%. It can be said that Reconciliation skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Financial Analyst. 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 ₹3,36,538.00 whereas the highest earning is ₹12,93,013.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₹12,93,013.00 at 265%. So to summerize, Entry Level earns 5% less than the average salary, Early Career earns 21% more than the average salary, Mid Carrer earns 265% more than the average salary.