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FINANCE & BANKING / SALARY
|
SALARY SURVEYS
208 |
UPDATED July 2024 About salary data? |
CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience) |
AVERAGE SALARY / YEAR | MOST TYPICAL SALARY / YEAR |
Gross income
Net (after tax)
83.36 INR = 1 USD |
||
2,621,058 INR$31,441 USDBangalore 1,996,659 INR |
583,550 INR$7,000 USDIncluding "Bangalore" Excluding "Bangalore" |
Average salary for Finance & Banking / Mumbai is 2,621,058 INR per year. The most typical earning is 583,550 INR. All data are based on 208 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,625,977 INR. Women receive a salary of 1,633,941 INR.
Based on education, the highest salaries receive people with Doctorate Degree with salary of 3,593,003 INR. The second most paid education level is Masters Degree with salary of 2,592,631 INR.
Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 6,752,512 INR. Employees with 20+ Years of experience receive 5,485,374 INR.
Salary Levels (INR) per Year | Surveys | [%] |
---|---|---|
83,400 INR -
166,599 INR
|
0 |
n/a
|
166,700 INR -
249,999 INR
|
0 |
n/a
|
250,100 INR -
416,699 INR
|
8 |
100%
3.85% |
THE MOST TYPICAL SALARY | ||
416,800 INR -
833,599 INR
|
29 |
96.15%
13.94% |
833,600 INR -
1,250,399 INR
|
26 |
82.21%
12.5% |
1,250,500 INR -
1,667,199 INR
|
26 |
69.71%
12.5% |
1,667,300 INR -
2,083,999 INR
|
22 |
57.21%
10.58% |
2,084,100 INR -
2,500,799 INR
|
23 |
46.63%
11.06% |
2,500,900 INR -
2,917,699 INR
|
23 |
35.58%
11.06% |
2,917,800 INR -
3,334,499 INR
|
10 |
24.52%
4.81% |
3,334,600 INR -
3,751,299 INR
|
4 |
19.71%
1.92% |
3,751,400 INR -
4,168,099 INR
|
7 |
17.79%
3.37% |
4,168,200 INR -
4,584,999 INR
|
3 |
14.42%
1.44% |
4,585,000 INR -
5,001,799 INR
|
2 |
12.98%
0.96% |
5,001,900 INR -
5,418,599 INR
|
5 |
12.02%
2.4% |
5,418,700 INR -
5,835,399 INR
|
3 |
9.62%
1.44% |
5,835,500 INR -
6,252,199 INR
|
0 |
n/a
|
6,252,300 INR -
6,669,099 INR
|
3 |
8.17%
1.44% |
6,669,100 INR -
7,085,899 INR
|
2 |
6.73%
0.96% |
7,086,000 INR -
7,502,699 INR
|
0 |
n/a
|
7,502,800 INR -
7,919,499 INR
|
3 |
5.77%
1.44% |
7,919,600 INR -
8,336,399 INR
|
1 |
4.33%
0.48% |
8,336,400 INR -
8,753,199 INR
|
1 |
3.85%
0.48% |
8,753,300 INR -
9,169,999 INR
|
0 |
n/a
|
9,170,100 INR -
9,586,799 INR
|
1 |
3.37%
0.48% |
9,586,900 INR -
10,003,599 INR
|
1 |
2.88%
0.48% |
10,003,700 INR -
10,420,499 INR
|
1 |
2.4%
0.48% |
10,420,500 INR -
10,837,299 INR
|
0 |
n/a
|
10,837,400 INR -
11,254,099 INR
|
0 |
n/a
|
11,254,200 INR -
11,670,899 INR
|
1 |
1.92%
0.48% |
11,671,000 INR -
12,087,699 INR
|
0 |
n/a
|
12,087,800 INR -
12,504,599 INR
|
0 |
n/a
|
HIGH SALARIES | ||
12,504,700 INR -
13,338,199 INR
|
0 |
n/a
|
13,338,300 INR -
14,171,899 INR
|
1 |
1.44%
0.48% |
14,171,900 INR -
15,005,499 INR
|
0 |
n/a
|
15,005,600 INR -
15,839,099 INR
|
1 |
0.96%
0.48% |
15,839,200 INR -
16,672,799 INR
|
0 |
n/a
|
16,672,900 INR -
17,506,399 INR
|
0 |
n/a
|
17,506,500 INR -
18,340,099 INR
|
0 |
n/a
|
18,340,200 INR -
19,173,699 INR
|
0 |
n/a
|
19,173,800 INR -
20,007,399 INR
|
0 |
n/a
|
20,007,400 INR -
20,840,999 INR
|
1 |
0.48%
0.48% |
20,841,100 INR -
29,177,499 INR
|
0 |
n/a
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Doctorate Degree | 9 | 3,593,003 INR |
|
2 | Masters Degree | 144 | 2,592,631 INR |
|
3 | Bachelors Degree | 55 | 2,542,612 INR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | 16-20 Years | 15 | 6,752,512 INR |
|
2 | 20+ Years | 7 | 5,485,374 INR |
|
3 | 12-16 Years | 21 | 4,143,208 INR |
|
4 | 8-12 Years | 37 | 2,517,603 INR |
|
5 | 4-8 Years | 64 | 1,884,034 INR |
|
6 | 1-2 Years | 9 | 1,842,352 INR |
|
7 | 2-4 Years | 42 | 1,792,333 INR |
|
8 | 0-1 Year | 13 | 975,362 INR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Self Employed | 3 | 3,643,022 INR |
|
2 | Permanent | 194 | 2,650,986 INR |
|
3 | Contract | 11 | 1,817,342 INR |
|
# | Surveys | AVERAGE SALARY / YEAR | ||
---|---|---|---|---|
1 | Bank Manager | 6 | 7,002,605 INR |
|
2 | Economist | 3 | 5,527,056 INR |
|
3 | Hedge Fund Manager | 2 | 4,426,646 INR |
|
4 | Other Finance Career | 19 | 3,601,339 INR |
|
5 | Risk Manager | 18 | 3,593,003 INR |
|
6 | Investment Manager | 12 | 3,167,845 INR |
|
7 | Financial Adviser | 10 | 3,042,798 INR |
|
8 | Finance Manager | 32 | 2,701,004 INR |
|
9 | Financial Accountant | 7 | 2,317,528 INR |
|
10 | Banks | 11 | 2,259,173 INR |
|
11 | MBA | 29 | 1,984,071 INR |
|
12 | Tax Manager | 2 | 1,942,389 INR |
|
13 | Risk Analyst | 15 | 1,925,716 INR |
|
14 | Chartered Financial Analyst | 3 | 1,558,913 INR |
|
15 | Financial Analyst | 33 | 1,492,221 INR |
|
16 | Mortgage Underwriter | 1 | 1,075,400 INR |
|
17 | Stock Broker | 2 | 858,652 INR |
|
18 | Fund Manager | 2 | 625,232 INR |
|
19 | Bank Cashier | 1 | 516,858 INR |
|
What I do?
"Macro."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 12-16 Years | Advanced | 7,616,100 INR |
What I do?
"Basic research."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 0-1 Year | Basic | 448,900 INR |
What I do?
"AML research."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 0-1 Year | Basic | 448,900 INR |
What I do?
"Top Management, P&L."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 16-20 Years | Expert | 5,220,600 INR |
What I do?
"Analysis of financial statements."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 0-1 Year | Intermediate | 574,600 INR |
What I do?
"Banking."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 2-4 Years | Advanced | 1,075,200 INR |
What I do?
"Innovator, MBA, Product Knowledge, Analytics, Client Relationship Management."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 1-2 Years | Expert | 7,526,200 INR |
What I do?
"Machine Learning."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Doctorate Degree | 0-1 Year | Intermediate | 2,133,800 INR |
What I do?
"Analysis."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | Advanced | 746,200 INR |
What I do?
"Risk model development."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | Expert | 3,112,400 INR |
What I do?
"Investment banking."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | Advanced | 4,133,000 INR |
What I do?
"NAV calculation, corporate action management, collateral management."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | n/a | 1,947,000 INR |
What I do?
"Rating analyst, corporate finance certificate."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 2-4 Years | n/a | 553,800 INR |
What I do?
"MBA finance, Relationship management."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 20+ Years | n/a | 6,995,600 INR |
What I do?
"Manage key account in a life insurance company."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 16-20 Years | n/a | 6,412,600 INR |
What I do?
"Data extraction and aggregation. Perform data analysis and present allowance numbers to regulators."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 4-8 Years | n/a | 9,910,500 INR |
What I do?
"Analysis, cfa, data."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 2-4 Years | n/a | 2,215,200 INR |
What I do?
"CFA, MBA, sell side equity research."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 4-8 Years | n/a | 1,725,600 INR |
What I do?
"Fund Accounting, reconciliation."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 4-8 Years | n/a | 816,100 INR |
What I do?
"Cfe certified fraud examiner frsud investigation."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 20+ Years | n/a | 4,080,800 INR |
What I do?
"Finance, Taxation Audit, Bank finance, Corporate finance budgeting."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Doctorate Degree | 20+ Years | n/a | 2,635,000 INR |
What I do?
"Forecast, Macro research, fixed income analytics."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 12-16 Years | n/a | 7,811,800 INR |
What I do?
"Investment portfolio management."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Doctorate Degree | 20+ Years | n/a | 11,659,400 INR |
What I do?
"Sales of EDC machines."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 1-2 Years | n/a | 699,500 INR |
What I do?
"Product manager."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 2-4 Years | n/a | 2,390,100 INR |
What I do?
"Financial analyst."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 0-1 Year | n/a | 699,500 INR |
What I do?
"Reporting, control, budgeting & planning."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Doctorate Degree | 16-20 Years | n/a | 8,744,600 INR |
What I do?
"Equity Research."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Doctorate Degree | 4-8 Years | n/a | 1,107,600 INR |
What I do?
"Porcess management, Project Management, Business Analyt."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 4-8 Years | n/a | 2,157,000 INR |
What I do?
"Hhhhhhhhhhhhhhhhhh."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Doctorate Degree | 4-8 Years | n/a | 583,000 INR |
What I do?
"I am bechlor in commerce, working in stock broking industry from past 15 years, sales, marketing, dealing, client service and helping client with their financial planning with mutual fund and other financial product."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 12-16 Years | n/a | 384,700 INR |
What I do?
"Excel modeling and valuation."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 2-4 Years | n/a | 8,161,600 INR |
What I do?
"Market risk analyst."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 2-4 Years | n/a | 1,399,100 INR |
What I do?
"Risk Management."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 4-8 Years | n/a | 326,500 INR |
What I do?
"I am risk analyst."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 0-1 Year | n/a | 815,600 INR |
What I do?
"Equity Research."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 1-2 Years | n/a | 1,048,600 INR |
What I do?
"Manager work on computer."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 0-1 Year | n/a | 349,500 INR |
What I do?
"Advising on investment."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 12-16 Years | n/a | 1,398,100 INR |
What I do?
"Credit analyst in insurance."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 4-8 Years | n/a | 2,504,900 INR |
What I do?
"Ernst & young - Forensics."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 4-8 Years | n/a | 1,595,000 INR |
What I do?
"Acquisition of new customers for working capital facilities. Managing existing portfolio as well."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | n/a | 2,737,900 INR |
What I do?
"I handle the complete lending business for a particular zone."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | n/a | 2,155,400 INR |
What I do?
"Cad post sanction activities."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 12-16 Years | n/a | 5,126,500 INR |
What I do?
"Risk model development and Analysis."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | n/a | 2,330,200 INR |
What I do?
"Financial sales."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 2-4 Years | n/a | 873,800 INR |
What I do?
"Financial Planning and Analysis Pricing and Contract Modelling Contract Negotiations."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 8-12 Years | n/a | 4,136,100 INR |
What I do?
"I do all the exciting stuff in my team."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 4-8 Years | n/a | 1,165,100 INR |
What I do?
"Financial Planning and analysis."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 8-12 Years | n/a | 2,796,200 INR |
What I do?
"M&A advisory, commercial due diligence."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Masters Degree | 8-12 Years | n/a | 4,893,400 INR |
What I do?
"Reconciliation, invoices, expenses."
City | Education | Experience | Knowledge | Gross salary / year |
Mumbai | Bachelors Degree | 4-8 Years | n/a | 1,165,100 INR |