Research Analyst

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Research Analyst Salary in Mumbai

based on 2.7k latest salaries

Average Annual Salary

6.3 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

37,564 - ₹ 38,765

Research Analyst salary in Mumbai ranges between ₹ 2.0 Lakhs to ₹ 13.0 Lakhs with an average annual salary of ₹ 6.3 Lakhs. Salary estimates are based on 2.7k latest salaries received from Research Analysts.

Last Updated: 14 Sept, 2024

Salaries in different departments

Finance & Accounting
Research Analyst Salary
0 - 5 years exp. (620 salaries)
6.7 Lakhs

₹2 L/yr - ₹13 L/yr

Data Science & Analytics
Research Analyst Salary
0 - 5 years exp. (287 salaries)
6.4 Lakhs

₹2 L/yr - ₹12.8 L/yr

BFSI, Investments & Trading
Research Analyst Salary
0 - 5 years exp. (261 salaries)
7.9 Lakhs

₹2 L/yr - ₹13 L/yr

Research & Development
Research Analyst Salary
0 - 5 years exp. (250 salaries)
6.7 Lakhs

₹2 L/yr - ₹13 L/yr

Marketing & Communication
Research Analyst Salary
0 - 5 years exp. (148 salaries)
7.6 Lakhs

₹2 L/yr - ₹12.8 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
info icon
Very High Confidence means the data is based on a large number of latest salaries.

Research Analyst salary in Mumbai with less than 1 year of experience to 5 years ranges from ₹ 2.0 Lakhs to ₹ 13.0 Lakhs with an average annual salary of ₹ 6.3 Lakhs based on 2.7k latest salaries.

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Top Paying Companies for Research Analyst Select an experience to unlock

Company name Avg Annual Salary
15.8 Lakhs
12.5 Lakhs
12.4 Lakhs
12.4 Lakhs
10.4 Lakhs
View more companies

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5.4 Lakhs
₹2.3 L/yr - ₹9.9 L/yr
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4.5 Lakhs
₹1.7 L/yr - ₹9 L/yr
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(2.9k salaries)
3.8 Lakhs
₹1.7 L/yr - ₹5.1 L/yr
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(7k salaries)
5.9 Lakhs
₹2.7 L/yr - ₹8 L/yr
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(6.7k salaries)
5.8 Lakhs
₹2.1 L/yr - ₹8.5 L/yr
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₹2 L/yr - ₹11 L/yr
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(5.2k salaries)
5.7 Lakhs
₹1.8 L/yr - ₹8.2 L/yr
6.5 Lakhs
₹1.9 L/yr - ₹12.3 L/yr
2.8 Lakhs
₹1.5 L/yr - ₹4.5 L/yr

Top Skills for Research Analysts

based on 3,343 jobs

Skills

Jobs demanding the skill

1

Research Analysis

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2

Market Research

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3

Research

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4

Secondary Research

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5

Primary Research

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Popular Companies for Research Analyst in Mumbai

Company Name Avg Annual Salary
0 - 8 yrs exp.  .  Mumbai (466 salaries)

10.7 Lakhs

₹5 L/yr - ₹18 L/yr

0 - 3 yrs exp.  .  Mumbai (112 salaries)

4.1 Lakhs

₹2 L/yr - ₹6 L/yr

0 - 4 yrs exp.  .  Mumbai (103 salaries)

5.6 Lakhs

₹2.7 L/yr - ₹7 L/yr

0 - 4 yrs exp.  .  Mumbai (69 salaries)

8 Lakhs

₹6.5 L/yr - ₹11.2 L/yr

0 - 5 yrs exp.  .  Mumbai (57 salaries)

7.5 Lakhs

₹4 L/yr - ₹9 L/yr

0 - 6 yrs exp.  .  Mumbai (54 salaries)

6.5 Lakhs

₹4.3 L/yr - ₹8 L/yr

0 - 3 yrs exp.  .  Mumbai (50 salaries)

4.8 Lakhs

₹2 L/yr - ₹7.2 L/yr

0 - 4 yrs exp.  .  Mumbai (40 salaries)

3.8 Lakhs

₹2 L/yr - ₹6 L/yr

2 - 6 yrs exp.  .  Mumbai (39 salaries)

6.2 Lakhs

₹3.6 L/yr - ₹7.5 L/yr

5 - 11 yrs exp.  .  Mumbai (36 salaries)

6.6 Lakhs

₹4.1 L/yr - ₹9 L/yr

Salary related reviews by similar designations like Research Analyst

Evalueserve

Analyst in Gurgaon / Gurugram

4.0
posted on 05 Jun 2024

3.0 for Salary and Benefits

Likes

Work culture is great overall. Peers are helpful and management is approachable.

Dislikes

Compensation is below par in some areas. Sometimes there are uncertainties with projects, which can lead you to be moved around to different teams which badly impacts year end performance reviews,

read more

Wipro

Project Engineer in Noida

5.0
posted on 27 Jun 2024

4.0 for Salary and Benefits

Likes

Love the work culture, work lif balance, personal and technical growth initiatives taken by organisation.Really a good place to work

read more

Dislikes

Don't ask about appraisal and salary hike anything except that you will get here.

read more

Wells Fargo

Senior Software Engineer in Bangalore / Bengaluru

3.0
posted on 04 Aug 2024

4.0 for Salary and Benefits

Likes

Good Work life balance with very good Salary.

Dislikes

Tech stack is very old. Politics at high level. Learning is very poor. Now a days cost cutting in all area. It was very good company few years back but it no more.

read more

Amazon

Associate in Gurgaon / Gurugram

5.0
posted on 26 Jul 2024

5.0 for Salary and Benefits

Likes

Wfh and advance salary options. They are given other benefits that boosts the moral of employees

read more

Dislikes

Not 100% job security, if they focus on providing permanent job then there is no competition for Amazon

TCS

System Engineer in Chennai

5.0
posted on 01 Aug 2024

4.0 for Salary and Benefits

Likes

The most one I likes is the learning and development, TCS gives various opportunities to learn new technologies or current trending technologies. They have tried up with other organisations to continuously training the employee. And the other one is work life balance. Being woman in TCS, having good work life balance, no pressure on works. Good work culture for women candidates

read more

Dislikes

This is not a dislike, I would say. If anybody join as a fresher, TCS would be good opportunity to start there carrier with new learnings and innovation technologies, until they didn't worried about the salary package. At the same time, for the experience personnel they would have great life at TCS. If there performance is well, they would have good package and the role at TCS

read more

Frequently Asked Questions about Research Analyst Salaries

What is the salary of a Research Analyst in India?
Average salary for a Research Analyst in India is 6.3 Lakhs per year (₹52.1k per month). Salary estimates are based on 2.7k latest salaries received from various Research Analysts across industries.
What are the top paying companies that employ Research Analysts?
What is the starting salary for a Research Analyst in India?
Average starting Salary for Research Analyst in India is around ₹2.0 Lakhs per year (₹16.7k per month). No prior experience is required to be a Research Analyst.
What is the highest salary for a Research Analyst in India?
Highest salary that a Research Analyst can earn is ₹13.0 Lakhs per year (₹1.1L per month).
How does Research Analyst Salary in India change with experience?
An Entry Level Research Analyst with less than three years of experience earns an average salary of ₹5.2 Lakhs per year. A mid-career Research Analyst with 4-9 years of experience earns an average salary of ₹8.2 Lakhs per year, while an experienced Research Analyst with 10-20 years of experience earns an average salary of ₹18.0 Lakhs per year.
What are the top paying industries for Research Analyst in India?
What are the top paying cities for Research Analyst in India?
What are the popular/top skills required to become a Research Analyst?
These are the top skills of a Research Analyst based on 3.3k jobs posted by employers.
  • Research Analysis
  • Market Research
  • Research
  • Secondary Research
  • Primary Research