Research Analyst
Annual salary range
₹2 Lakhs - ₹13.3 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 byResearch Analyst Salary in Mumbai (Updated 2025)
based on 2.8k
latest salaries
• updated:
1 Apr 2025
Select an experience to get the exact salary
Salary of majority employees
Research Analyst Salary in Mumbai ranges between ₹2 Lakhs to ₹13.3 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 2.8k latest salaries received from Research...
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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 |
|---|---|---|
McKinsey & Company Research Analyst Salary
2 years exp |  | |
B&K Securities Research Analyst Salary
2 years exp | | |
 Research Analyst Salary
2 years exp | | |
 Research Analyst Salary
2 years exp | | 26 job openings |
 Research Analyst Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
0 -
7
yrs
exp.
.
Mumbai
(477 salaries)
|
₹5 L/yr - ₹16 L/yr | 26 job openings |
0 -
4
yrs
exp.
.
Mumbai
(112 salaries)
|
₹2.7 L/yr - ₹7 L/yr | |
Login to view exact salary
| ||
0 -
4
yrs
exp.
.
Mumbai
(96 salaries)
|
₹2 L/yr - ₹6 L/yr | |
0 -
3
yrs
exp.
.
Mumbai
(74 salaries)
|
₹4 L/yr - ₹11.2 L/yr | 2 job openings |
0 -
5
yrs
exp.
.
Mumbai
(46 salaries)
|
₹3 L/yr - ₹6 L/yr | |
0 -
6
yrs
exp.
.
Mumbai
(45 salaries)
|
₹4.3 L/yr - ₹8 L/yr | |
|
0 -
2
yrs
exp.
.
Mumbai
(43 salaries)
|
₹1 L/yr - ₹3 L/yr | |
2 -
8
yrs
exp.
.
Mumbai
(43 salaries)
|
₹3.6 L/yr - ₹7.8 L/yr | 1 job opening |
Login to view exact salary
| ||
0 -
6
yrs
exp.
.
Mumbai
(42 salaries)
|
₹2.8 L/yr - ₹4.8 L/yr | |
0 -
6
yrs
exp.
.
Mumbai
(42 salaries)
|
₹4 L/yr - ₹9 L/yr | |
Latest annual salaries shared by Research Analysts
1d ago
Decimal Point Analytics
Research Analyst
2 years exp.
1d ago
FactSet
Research Analyst
2 years exp.
1d ago
FactSet
Research Analyst
2 years exp.
1d ago
Leadque
Research Analyst
3 years exp.
1d ago
FactSet
Research Analyst
2 years exp.
1d ago
FactSet
Research Analyst
2 years exp.
1d ago
SSEI
Research Analyst
2 years exp.
1d ago
Crisil
Research Analyst
2 years exp.
1d ago
CONTEXiO
Research Analyst
2 years exp.
1d ago
FactSet
Research Analyst
1 year exp.
View all latest salaries
Research Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(339
salaries)
| ₹1.6 L/yr - ₹10 L/yr |
1
year
(739
salaries)
| ₹1.8 L/yr - ₹12 L/yr |
Login to view exact salary
| |
2
years
(689
salaries)
| ₹2 L/yr - ₹13 L/yr |
3
years
(555
salaries)
| ₹2 L/yr - ₹15 L/yr |
4
years
(370
salaries)
| ₹2.1 L/yr - ₹15 L/yr |
View all salaries by experience
Research Analyst Jobs in Mumbai
Research Analyst
· 0-4 years
NielsenIQ
Kolkata
Research Analyst
· 5-7 years
SP Capital IQ (India) Pvt. Ltd
Bangalore / Bengaluru
Research Analyst
· 2-5 years
Barclays
₹10
L/yr
- ₹15
L/yr
Noida
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Research Scientist Salary
1 -
13
years
exp.
(878 salaries)
| ₹3 L/yr - ₹15.3 L/yr |
Research Assistant Salary
0 -
6
years
exp.
(303 salaries)
| ₹1 L/yr - ₹9.6 L/yr |
Login to view exact salary
| |
Research Associate Salary
0 -
6
years
exp.
(4.5k salaries)
| ₹2 L/yr - ₹10 L/yr |
Research Scholar Salary
0 -
6
years
exp.
(107 salaries)
| ₹2 L/yr - ₹10.6 L/yr |
Analyst Salary
0 -
6
years
exp.
(14.8k salaries)
| ₹2.3 L/yr - ₹17.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Research Analyst
Wipro
Senior Manager in Gurgaon / Gurugram
• posted on 26 Feb 2025
Likes
Salary and Job security
- Salary - Excellent
+2 more
Dislikes
Work culture is pathetic. I was associated with Meta as a project leading training and there is no strong leadership setting expectation with the client about their approach with our teams.
read more- Promotions - Poor
+2 more
Deloitte
Analyst in Bangalore / Bengaluru
• posted on 12 Mar 2025
Likes
The culture is amazing with lots of employee benefits. The leadership is also very inclusive and understanding.
- Salary - Good
+4 more
Dislikes
Hikes and promotions are a little less than what should be expected. It's great for an experienced professional but for freshers it's not a good start from the salary side.
read moreErnst & Young
Manager in Bangalore / Bengaluru
• posted on 18 Mar 2025
Likes
Bonus, work life balance and skill advancement
- Salary - Good
+5 more
Dislikes
Higher management doesn't bother what you do and how are you feeling. No skip level meeting and team synergy. Promotions also way to slow and favoritism is there
read more- Promotions - Bad
JPMorgan Chase & Co.
Associate in Mumbai
• posted on 24 Jan 2025
Likes
Salary is decent compared to industry average. Also, You don’t need to worry about the job security unless you are really bad. Work life balance depends on which line of business and what team are you working.
read more- Salary - Good
+5 more
Dislikes
Promotions are too slow compared to your peers in US or UK. A person will stay as an Analyst or Associate for years and your peer will become a Vice President or even an Executive Director within the same timelines. Your promotions are hardly based on your performance and mostly based on how much good relationship you have with your manager and how much the management has endorsed you as a brand.
read moreAccenture
Analyst in New Delhi
• posted on 25 Jan 2025
Likes
Company is good for salary but work life balance is too bad working hours is too long no fixed time daily working hours should be more than 12 hours.
read more- Salary - Good
+1 more
Dislikes
Work life balance , no social Indian culture festivals celebration on any occasions this is too bad
- Work satisfaction - Bad
+2 more
Top skills for Research Analyst
Research Analyst Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Hyderabad / Secunderabad
Research Analyst
0 -
5
years
exp.
| ₹2 L/yr - ₹6.6 L/yr |
Pune
Research Analyst
0 -
5
years
exp.
| ₹1.8 L/yr - ₹9 L/yr |
Login to view exact salary
| |
New Delhi
Research Analyst
0 -
5
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Bangalore / Bengaluru
Research Analyst
0 -
5
years
exp.
| ₹2 L/yr - ₹10.7 L/yr |
Gurgaon / Gurugram
Research Analyst
0 -
5
years
exp.
| ₹2.4 L/yr - ₹12.9 L/yr |
View More
Research Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Internet Research Analyst
0 -
5
years
exp.
| ₹2.3 L/yr - ₹11 L/yr |
Financial Services Research Analyst
0 -
5
years
exp.
| ₹2.3 L/yr - ₹9 L/yr |
Login to view exact salary
| |
Analytics & KPO Research Analyst
0 -
5
years
exp.
| ₹2.3 L/yr - ₹11.1 L/yr |
Software Product Research Analyst
0 -
5
years
exp.
| ₹2.1 L/yr - ₹7 L/yr |
IT Services & Consulting Research Analyst
0 -
5
years
exp.
| ₹1.8 L/yr - ₹9 L/yr |
View More
Frequently Asked Questions (FAQS) about Research Analyst Salaries
What is the salary of a Research Analyst in India?
The salary of a Research Analyst in India varies based on experience, location, company & Industry.
On average, Research Analyst salaries ranges from ₹2.0 Lakhs to ₹13.3 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.0 Lakhs to ₹13.3 Lakhs per year, with the highest salary reaching ₹8.0 Lakhs to ₹21.0 Lakhs per year. Salary estimates are based on 2.8k salaries received from various Research Analysts across industries.
The average starting salary is around ₹2.0 Lakhs to ₹13.3 Lakhs per year, with the highest salary reaching ₹8.0 Lakhs to ₹21.0 Lakhs per year. Salary estimates are based on 2.8k salaries received from various Research Analysts across industries.
What are the top paying companies that employ Research Analysts?
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.
| McKinsey & Company Research Analyst Salary | ₹8 Lakhs to ₹21 Lakhs per year |
| B&K Securities Research Analyst Salary | ₹10.5 Lakhs to ₹18 Lakhs per year |
| BCG Research Analyst Salary | ₹7.5 Lakhs to ₹15 Lakhs per year |
| Crisil Research Analyst Salary | ₹4.6 Lakhs to ₹17.5 Lakhs per year |
| Kearney Research Analyst Salary | ₹6 Lakhs to ₹12 Lakhs per year |
What are the top paying cities for Research Analyst in India?
The annual salary for Research Analyst in India varies by location. Top paying cities for Research Analyst are
Salary expectations for Research Analyst may vary based on job roles, experience, and specific employer requirements.
| Research Analyst Salary in Gurgaon / Gurugram | ₹2.4 Lakhs to ₹12.9 Lakhs per year |
| Research Analyst Salary in Bangalore / Bengaluru | ₹2.0 Lakhs to ₹10.7 Lakhs per year |
| Research Analyst Salary in Chennai | ₹1.8 Lakhs to ₹9.3 Lakhs per year |
| Research Analyst Salary in New Delhi | ₹2.0 Lakhs to ₹10.0 Lakhs per year |
| Research Analyst Salary in Kolkata | ₹1.4 Lakhs to ₹7.5 Lakhs per year |
What are the top paying industries for Research Analyst in India?
Top 5 paying Industries for Research Analyst in India are:
| Research Analyst Salary in Management Consulting | ₹2.3 Lakhs to ₹13.6 Lakhs per year |
| Research Analyst Salary in Analytics & KPO | ₹2.3 Lakhs to ₹11.1 Lakhs per year |
| Research Analyst Salary in Consulting | ₹2.1 Lakhs to ₹11.2 Lakhs per year |
| Research Analyst Salary in Internet | ₹2.3 Lakhs to ₹11.0 Lakhs per year |
| Research Analyst Salary in Hardware & Networking | ₹1.8 Lakhs to ₹10.0 Lakhs per year |
What are the fresher salaries as Research Analyst?
Fresher salaries for Research Analyst in India typically range from ₹1.6 Lakhs to ₹10 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 Research Analyst in India?
Experience significantly impacts a Research Analyst salary in India. Salaries increase with experience, as Research Analyst take on more complex tasks, responsibilities, and leadership roles.
Research Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹1.6 Lakhs to ₹10.0 Lakhs per year |
| 1 year | ₹1.8 Lakhs to ₹12.0 Lakhs per year |
| 2 years | ₹2.0 Lakhs to ₹13.0 Lakhs per year |
| 3 years | ₹2.0 Lakhs to ₹15.0 Lakhs per year |
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