Management Associate
Annual salary range
₹3.3 Lakhs - ₹24 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byManagement Associate Salary in Mumbai (Updated 2025)
based on 225
latest salaries
• updated:
20 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Management Associate Salary in Mumbai ranges between ₹3.3 Lakhs to ₹24 Lakhs for less than 1 year of experience to 10 years of experience. Salary estimates are based on 225 latest salaries received from Management...
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Popular companies
Latest annual salaries
Salaries by experience
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available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
 | ||
| | ||
 Management Associate Salary
Fresher | | 20 job openings |
 Management Associate Salary
Fresher | | |
 Management Associate Salary
Fresher | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
23 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹96 L/yr - ₹1.1 Cr/yr | |
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
Login to view exact salary
| ||
11 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4.1 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9 L/yr - ₹11.5 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹28.8 L/yr - ₹36.8 L/yr | |
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹10.1 L/yr - ₹12.9 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4.1 L/yr | |
|
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.5 L/yr - ₹4.4 L/yr | |
Login to view exact salary
| ||
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4 L/yr | |
|
16 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4 L/yr | |
Latest annual salaries shared by Management Associates
1d ago
Faze Three
Management Associate
6 months exp.
2d ago
Dainik Bhaskar Group
Management Associate
5 months exp.
3d ago
KAnalysis Consultant
Management Associate
7 years exp.
4d ago
PDS International
Management Associate
8 years exp.
4d ago
Flaviant Network
Management Associate
9 years exp.
5d ago
Annapurna Finance
Management Associate
5 months exp.
1w ago
JPMorgan Chase & Co.
Management Associate
9 years exp.
1w ago
Citicorp
Management Associate
3 years exp.
1w ago
Dainik Bhaskar Group
Management Associate
6 years exp.
1w ago
Bajaj Allianz Life Insurance
Management Associate
1 year exp.
View all latest salaries
Management Associate salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(62
salaries)
| ₹3 L/yr - ₹22 L/yr |
1
year
(73
salaries)
| ₹3 L/yr - ₹22 L/yr |
Login to view exact salary
| |
2
years
(33
salaries)
| ₹4.1 L/yr - ₹24 L/yr |
3
years
(30
salaries)
| ₹3 L/yr - ₹32 L/yr |
4
years
(10
salaries)
| ₹6 L/yr - ₹13 L/yr |
View all salaries by experience
Management Associate Jobs in Mumbai
Management Associate
· 10-13 years
JPMorgan Chase
Bangalore / Bengaluru
Management Associate
· 10-14 years
Accenture Solutions Pvt Ltd
Bangalore / Bengaluru
Management Associate
· 0-1 year
ICICI Prudential Life Insurance co Ltd
Mumbai
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| ₹2 L/yr - ₹7.7 L/yr |
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| |
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| ₹3 L/yr - ₹21.7 L/yr |
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| ₹1.7 L/yr - ₹7.2 L/yr |
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| ₹1 L/yr - ₹5 L/yr |
View more similar designations
Salary related reviews by similar designations like Management Associate
Citicorp
Assistant Manager in Gurgaon / Gurugram
• posted on 22 Dec 2024
Likes
The culture of the company is amazing and the payscale is better than industry standards with hybrid work culture
- Salary - Excellent
+5 more
Dislikes
From past few years they have started cost cutting, so no celebration and office party
read moreSun Pharmaceutical Industries
Maintenance Supervisor in Halol
• posted on 05 Jun 2022
Likes
...osphere and work and culture company policy is good Company policies are good Salary hike and bonus every year
read more- Salary - Good
+4 more
Dislikes
There is a lot of politics managment I am start a big platform and career growth
HDFC Bank
Assistant Manager in Lucknow
• posted on 12 Jan 2025
Likes
Salary on time.
- Work-life balance - Good
Dislikes
Good but,very High pressure for operation staff for sales work with,sales target of casa,fd, insurance,sip, other, In this organization there is nothing in operation work in retail branch banking. If sales pressure trun off from service satff then no job is better of it.
read more- Promotions - Poor
+1 more
Dainik Bhaskar Group
Assistant Manager in Ranchi
• posted on 19 Dec 2024
Likes
Salary is paid on time and company policy is also good
- Skill development - Good
Dislikes
The company's policy is very good but employees face difficulty in getting its benefits because the process is very late on HR's side and complaining about it does not help, instead the employee has to pay a fine for it. Also, some people do as they please, due to which lower level employees face a lot of problems.
read more- Job security - Poor
Annapurna Finance
Management Associate in Bhubaneswar
• posted on 04 Sep 2022
Likes
On time Salary Few good folks at the top management who are easily accessible and helpful. If you get a chance to be the favorite then you will get along with them.
read more- Job security - Excellent
Dislikes
Forcefully imposing their culture on their employees Toxic Culture at times staying till late is considered a virtue unorganized way of doing things pathetic infrastructure orthodox hierarchy
read more- Skill development - Bad
+4 more
Top skills for Management Associate
Management Associate Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Management Associate
0 -
9
years
exp.
| ₹2.4 L/yr - ₹24 L/yr |
Bangalore / Bengaluru
Management Associate
0 -
10
years
exp.
| ₹2 L/yr - ₹24.5 L/yr |
Login to view exact salary
| |
Vadodara
Management Associate
0 -
8
years
exp.
| ₹2 L/yr - ₹5.9 L/yr |
Gurgaon / Gurugram
Management Associate
0 -
9
years
exp.
| ₹3.6 L/yr - ₹24 L/yr |
Hyderabad / Secunderabad
Management Associate
0 -
9
years
exp.
| ₹2.4 L/yr - ₹24 L/yr |
View More
Management Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Management Associate
0 -
10
years
exp.
| ₹4.9 L/yr - ₹24 L/yr |
Manufacturing Management Associate
0 -
9
years
exp.
| ₹2.1 L/yr - ₹7 L/yr |
Login to view exact salary
| |
Media & Entertainment / Publishing Management Associate
0 -
8
years
exp.
| ₹1.9 L/yr - ₹22 L/yr |
Pharma Management Associate
0 -
9
years
exp.
| ₹2.1 L/yr - ₹5.5 L/yr |
Analytics & KPO Management Associate
0 -
9
years
exp.
| ₹2.1 L/yr - ₹5.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Management Associate Salaries
What is the salary of a Management Associate in India?
The salary of a Management Associate in India varies based on experience, location, company & Industry.
On average, Management Associate salaries ranges from ₹3.3 Lakhs to ₹24.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.3 Lakhs to ₹24.0 Lakhs per year, with the highest salary reaching ₹16.0 Lakhs to ₹23.0 Lakhs per year. Salary estimates are based on 225 salaries received from various Management Associates across industries.
The average starting salary is around ₹3.3 Lakhs to ₹24.0 Lakhs per year, with the highest salary reaching ₹16.0 Lakhs to ₹23.0 Lakhs per year. Salary estimates are based on 225 salaries received from various Management Associates across industries.
What are the top paying companies that employ Management Associates?
Management Associate Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| HDFC Bank Management Associate Salary | ₹16 Lakhs to ₹23 Lakhs per year |
| Citicorp Management Associate Salary | ₹17.5 Lakhs to ₹20 Lakhs per year |
| ICICI Prudential Life Insurance Management Associate Salary | ₹7.3 Lakhs to ₹10.5 Lakhs per year |
| Annapurna Finance Management Associate Salary | ₹5 Lakhs to ₹9.2 Lakhs per year |
| Apex Group Management Associate Salary | ₹4.5 Lakhs to ₹5 Lakhs per year |
What are the top paying cities for Management Associate in India?
The annual salary for Management Associate in India varies by location. Top paying cities for Management Associate are
Salary expectations for Management Associate may vary based on job roles, experience, and specific employer requirements.
| Management Associate Salary in New Delhi | ₹2.4 Lakhs to ₹24.0 Lakhs per year |
| Management Associate Salary in Bangalore / Bengaluru | ₹2.0 Lakhs to ₹24.5 Lakhs per year |
| Management Associate Salary in Vadodara | ₹2.0 Lakhs to ₹5.9 Lakhs per year |
| Management Associate Salary in Gurgaon / Gurugram | ₹3.6 Lakhs to ₹24.0 Lakhs per year |
| Management Associate Salary in Hyderabad / Secunderabad | ₹2.4 Lakhs to ₹24.0 Lakhs per year |
What are the top paying industries for Management Associate in India?
Top 5 paying Industries for Management Associate in India are:
| Management Associate Salary in Financial Services | ₹4.9 Lakhs to ₹24.0 Lakhs per year |
| Management Associate Salary in Manufacturing | ₹2.1 Lakhs to ₹7.0 Lakhs per year |
| Management Associate Salary in Media & Entertainment / Publishing | ₹1.9 Lakhs to ₹22.0 Lakhs per year |
| Management Associate Salary in Pharma | ₹2.1 Lakhs to ₹5.5 Lakhs per year |
| Management Associate Salary in Analytics & KPO | ₹2.1 Lakhs to ₹5.5 Lakhs per year |
What are the fresher salaries as Management Associate?
Fresher salaries for Management Associate in India typically range from ₹3 Lakhs to ₹22 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 Management Associate in India?
Experience significantly impacts a Management Associate salary in India. Salaries increase with experience, as Management Associate take on more complex tasks, responsibilities, and leadership roles.
Management Associate salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.0 Lakhs to ₹22.0 Lakhs per year |
| 1 year | ₹3.0 Lakhs to ₹22.0 Lakhs per year |
| 2 years | ₹4.1 Lakhs to ₹24.0 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹32.0 Lakhs per year |
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