Average Market Research Analyst Salary in Mumbai, Maharashtra

Annual Base Salary - ₹4,00,575.00/year

The average annual salary of Market Research Analyst is ₹4,00,575.00

₹1,71,720.00
Low
₹4,00,575.00
Average
₹7,46,650.00
High

The starting salary of Market Research Analyst is between ₹1,45,962.00 and ₹1,71,720.00 whereas the maximum salary range is between ₹7,46,650.00 and ₹8,58,648.00.

Minimum Annual PayMaximum Annual Pay
₹1,45,962.00₹8,58,648.00
Bonus Range: Tooltip
₹6,540.00 - ₹1,05,000.00
₹6,540.00
₹8,58,648.00
promotional offer
  • Currency : INR
  • Annual Salary : ₹4,00,575.00
  • Weekly Pay : ₹7,067.00
  • Fortnightly Salary : ₹14,135.00
  • Monthly Salary : ₹30,625.00

Market Research Analyst Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Market Research Analyst. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Market Research Analyst compared to female. Their involvement is 76% while of female is only 24%.

Salary Distribution Based on Years of Experience

The line graph shows Market Research 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 Market Research Analyst working less than a year in a company, you notice that their annual salary starts around ₹4,90,500.00.

As the years of experience reaches 1 to 4, there is a decrease of ₹1,85,980.90 which would decline total wage to ₹3,04,519.10.

Prominent Skills Affecting Market Research Analyst Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Market Research Analyst's salary. It clearly highlights the skills needed for a post of Market Research Analyst when hired by an employer. The skill that is required for Market Research Analyst is Data Analysis that affects the salary by 2%.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Market Research 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 ₹3,16,454.00 whereas the highest earning is ₹4,88,702.00 which clearly shows the salary increases with the level of expertise.

Entry Level person will earn the maximum salary of ₹4,88,702.00 at 22%. So to summerize, Entry Level earns 22% more than the average salary, Early Career earns 21% less than the average salary.

Job hunters also viewed these Salaries