Equity Research Analyst
Annual salary range
₹3 Lakhs - ₹29 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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All Filters Equity Research Analyst Salary in Bangalore / Bengaluru (Updated 2025)
Based on 276
salaries
• Updated:
30 Jun 2025
Select an experience to get the exact salary
Salary of majority employees
Equity Research Analyst Salary in Bangalore / Bengaluru ranges between ₹3 Lakhs to ₹29 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 276 latest salaries...
Read more
Explore on this page
Top paying companies 
Popular companies 
Latest annual salaries 
Salaries by experience 
Jobs available
Similar designations 
Salary related reviews 
Top interview questions 
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Goldman Sachs Equity Research Analyst Salary
1 year exp |  | |
| | ||
 Equity Research Analyst Salary
1 year exp | | 2 job openings |
 Equity Research Analyst Salary
1 year exp | | |
 Equity Research Analyst Salary
1 year exp | | |
Is this list helpful? | ||
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
1 -
3
yrs
exp.
.
Bangalore / Bengaluru
(42 salaries)
|
₹14.6 L/yr - ₹40 L/yr | |
|
1 -
6
yrs
exp.
.
Bangalore / Bengaluru
(37 salaries)
|
₹8.7 L/yr - ₹28 L/yr | 2 job openings |
Login to view exact salary
| ||
2 -
10
yrs
exp.
.
Bangalore / Bengaluru
(25 salaries)
|
₹15 L/yr - ₹39 L/yr | |
1 -
9
yrs
exp.
.
Bangalore / Bengaluru
(15 salaries)
|
₹5.8 L/yr - ₹24 L/yr | |
1 -
8
yrs
exp.
.
Bangalore / Bengaluru
(12 salaries)
|
₹3 L/yr - ₹6 L/yr | |
|
0 -
4
yrs
exp.
.
Bangalore / Bengaluru
(12 salaries)
|
₹3 L/yr - ₹6 L/yr | |
1 -
2
yrs
exp.
.
Bangalore / Bengaluru
(8 salaries)
|
₹2.7 L/yr - ₹4 L/yr | |
5 -
14
yrs
exp.
.
Bangalore / Bengaluru
(7 salaries)
|
₹24 L/yr - ₹50 L/yr | |
Login to view exact salary
| ||
4 -
8
yrs
exp.
.
Bangalore / Bengaluru
(6 salaries)
|
₹19.6 L/yr - ₹27.7 L/yr | |
|
1 -
7
yrs
exp.
.
Bangalore / Bengaluru
(5 salaries)
|
₹13.5 L/yr - ₹15 L/yr | |
Latest annual salaries shared by Equity Research Analysts
View all latest salaries
Equity Research Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(16
salaries)
| ₹2 L/yr - ₹8 L/yr |
1
year
(79
salaries)
| ₹2 L/yr - ₹28 L/yr |
Login to view exact salary
| |
2
years
(61
salaries)
| ₹3 L/yr - ₹35 L/yr |
3
years
(49
salaries)
| ₹3 L/yr - ₹26 L/yr |
4
years
(26
salaries)
| ₹3.3 L/yr - ₹24 L/yr |
View all salaries by experience
Equity Research Analyst Jobs in Bangalore / Bengaluru
Equity Research Analyst
· 1-2 years
Trade Brains
Bangalore / Bengaluru +2 more
Equity Research Analyst
· 1-5 years
I Cap Financial Services
₹3.5
L/yr
- ₹8.5
L/yr
Bangalore / Bengaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Research Analyst Salary
0 -
5
years
exp.
(2.2k salaries)
| ₹2 L/yr - ₹11 L/yr |
Business Analyst Salary
1 -
9
years
exp.
(28.9k salaries)
| ₹3.5 L/yr - ₹19.8 L/yr |
Login to view exact salary
| |
Financial Analyst Salary
1 -
7
years
exp.
(10.5k salaries)
| ₹2.6 L/yr - ₹14 L/yr |
Senior Financial Analyst Salary
2 -
10
years
exp.
(4.6k salaries)
| ₹3.9 L/yr - ₹20.8 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(37.7k salaries)
| ₹3.5 L/yr - ₹17.1 L/yr |
View more similar designations
Salary related reviews by similar designations like Equity Research Analyst
FactSet
Research Analyst in Hyderabad / Secunderabad
• updated on 01 Jul 2025
Likes
Two way cab facility, subsidised food, can grow within company
- Job security - Excellent
+3 more
Dislikes
Less pay compared to other companies Less increments
JPMorgan Chase & Co.
Analyst in Mumbai
• updated on 19 Sep 2022
Likes
Compensation is great. People are skilled and great to work with.
- Salary - Good
+1 more
Dislikes
Regular In-office policy. Tech Stack is a bit old, but organization is in the process of upgrading Tech Stack
- Skill development - Poor
+3 more
Morningstar
Senior Analyst in Navi Mumbai
• updated on 09 Oct 2023
Likes
Work Life Balance,working culture and job security
- Job security - Good
+2 more
Dislikes
No career growth after a certain extent ,low pay n compensation, politics in appraisal
read moreEvalueserve
Business Analyst in Gurgaon / Gurugram
• updated on 01 Aug 2018
Likes
...eams. People have a very supportive culture here. Management is not pretty good. However salary or appraisal is something the company needs to revise. Other wise fantastic work environment, culture and one of the best companies to start your career with.
read more- Skill development - Good
+4 more
Dislikes
Little politics in teams among higher management. Compensation is something the needs to take care. Rest all is good.
Goldman Sachs
Senior Analyst in Bangalore / Bengaluru
• updated on 02 Aug 2023
Likes
Work culture and compensation are decent. But not fully satisfied with the job role.
read more- Salary - Excellent
+2 more
Dislikes
Job roles should be a bit better explained in JD
- Work satisfaction - Poor
Top skills for Equity Research Analyst
Equity Research Analyst Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Equity Research Analyst
0 -
7
years
exp.
| ₹3 L/yr - ₹30 L/yr |
Hyderabad / Secunderabad
Equity Research Analyst
0 -
7
years
exp.
| ₹2.6 L/yr - ₹6 L/yr |
Login to view exact salary
| |
New Delhi
Equity Research Analyst
0 -
7
years
exp.
| ₹2.4 L/yr - ₹15 L/yr |
Pune
Equity Research Analyst
0 -
6
years
exp.
| ₹2.4 L/yr - ₹15 L/yr |
Kolkata
Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹12 L/yr |
View more
Equity Research Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Equity Research Analyst
0 -
7
years
exp.
| ₹2.7 L/yr - ₹30 L/yr |
Internet Equity Research Analyst
0 -
7
years
exp.
| ₹2.6 L/yr - ₹12 L/yr |
Login to view exact salary
| |
Software Product Equity Research Analyst
0 -
5
years
exp.
| ₹2.6 L/yr - ₹5 L/yr |
Analytics & KPO Equity Research Analyst
0 -
7
years
exp.
| ₹3.8 L/yr - ₹16 L/yr |
IT Services & Consulting Equity Research Analyst
0 -
7
years
exp.
| ₹3 L/yr - ₹24 L/yr |
View more
Frequently Asked Questions (FAQS) about Equity Research Analyst Salaries
What is the salary of a Equity Research Analyst in India?
The salary of a Equity Research Analyst in India varies based on experience, location, company & Industry.
On average, Equity Research Analyst salaries ranges from ₹3.0 Lakhs to ₹29.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹29.0 Lakhs per year, with the highest salary reaching ₹10.4 Lakhs to ₹35.0 Lakhs per year. Salary estimates are based on 276 salaries received from various Equity Research Analysts across industries.
The average starting salary is around ₹3.0 Lakhs to ₹29.0 Lakhs per year, with the highest salary reaching ₹10.4 Lakhs to ₹35.0 Lakhs per year. Salary estimates are based on 276 salaries received from various Equity Research Analysts across industries.
What are the top paying companies that employ Equity Research Analysts?
Equity Research Analyst Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Goldman Sachs Equity Research Analyst Salary | ₹10.4 Lakhs to ₹35 Lakhs per year |
| JPMorgan Chase & Co. Equity Research Analyst Salary | ₹12 Lakhs to ₹34 Lakhs per year |
| William O'Neil & Co Equity Research Analyst Salary | ₹11.5 Lakhs to ₹19 Lakhs per year |
| HDFC Securities Equity Research Analyst Salary | ₹5.2 Lakhs to ₹23.3 Lakhs per year |
| ICICI Securities Equity Research Analyst Salary | ₹6 Lakhs to ₹18 Lakhs per year |
What are the top paying cities for Equity Research Analyst in India?
The annual salary for Equity Research Analyst in India varies by location. Top paying cities for Equity Research Analyst are
Salary expectations for Equity Research Analyst may vary based on job roles, experience, and specific employer requirements.
| Equity Research Analyst Salary in Gurgaon / Gurugram | ₹3.0 Lakhs to ₹27.0 Lakhs per year |
| Equity Research Analyst Salary in Mumbai | ₹3.0 Lakhs to ₹30.0 Lakhs per year |
| Equity Research Analyst Salary in Kolkata | ₹2.0 Lakhs to ₹12.0 Lakhs per year |
| Equity Research Analyst Salary in Ahmedabad | ₹3.5 Lakhs to ₹21.0 Lakhs per year |
| Equity Research Analyst Salary in New Delhi | ₹2.4 Lakhs to ₹15.0 Lakhs per year |
What are the top paying industries for Equity Research Analyst in India?
Top 5 paying Industries for Equity Research Analyst in India are:
| Equity Research Analyst Salary in Banking | ₹1.0 Lakhs to ₹55.0 Lakhs per year |
| Equity Research Analyst Salary in Consulting | ₹4.2 Lakhs to ₹35.0 Lakhs per year |
| Equity Research Analyst Salary in Investment Banking / Venture Capital / Private Equity | ₹3.4 Lakhs to ₹31.0 Lakhs per year |
| Equity Research Analyst Salary in Banking / Insurance / Accounting | ₹3.0 Lakhs to ₹31.0 Lakhs per year |
| Equity Research Analyst Salary in IT Services & Consulting | ₹3.0 Lakhs to ₹24.0 Lakhs per year |
What are the fresher salaries as Equity Research Analyst?
Fresher salaries for Equity Research Analyst in India typically range from ₹2 Lakhs to ₹8 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Equity Research Analyst in India?
Experience significantly impacts a Equity Research Analyst salary in India. Salaries increase with experience, as Equity Research Analyst take on more complex tasks, responsibilities, and leadership roles.
Equity Research Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.0 Lakhs to ₹8.0 Lakhs per year |
| 1 year | ₹2.0 Lakhs to ₹28.0 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹35.0 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹26.0 Lakhs per year |
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