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Avendus Associate salaries in Mumbai (Updated 2025)

Annual salary range
0 - 6 years exp.
₹20 Lakhs - ₹60 Lakhs
Salary of majority employees
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392% more than the average Associate Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
1 - 6 years exp. (8 salaries)
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₹23 L/yr - ₹42 L/yr

Finance & Accounting
Associate Salary
0 - 4 years exp. (AmbitionBox Estimate)
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₹20 L/yr - ₹38.1 L/yr

Last Updated: 4 Jan 2025

Companies similar to Avendus for Associate in Mumbai

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Avendus Associate Salary

0 - 6 years exp. (39 salaries)

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₹20 L/yr - ₹60 L/yr

vs
Company name Avg Annual Salary Open Jobs
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InSync Analytics Associate Salary

1 - 6 years exp. (39 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 88% less
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (3k salaries)

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₹10 L/yr - ₹36 L/yr

arrow icon 44% less
57 job openings
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Morgan Stanley Associate Salary

0 - 11 years exp. (2.2k salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 68% less
1 job opening
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PwC Associate Salary

0 - 8 years exp. (1.7k salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 71% less
163 job openings
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Wipro Associate Salary

0 - 5 years exp. (1.3k salaries)

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₹0.9 L/yr - ₹4.5 L/yr

arrow icon 93% less
52 job openings
Associate salary at Avendus ranges between ₹20 Lakhs to ₹60 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 39 latest salaries received from various employees of Avendus.

Latest annual salaries shared by Avendus Associate in Mumbai

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Experience wise Avendus Associate salaries in Mumbai

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹25 L/yr - ₹50 L/yr
1 year  (5 salaries)

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₹20 L/yr - ₹58 L/yr
2 years  (9 salaries)

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₹20 L/yr - ₹60 L/yr
3 years  (9 salaries)

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₹20 L/yr - ₹40 L/yr
4 years  (4 salaries)

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₹20 L/yr - ₹40 L/yr
View all

Similar Designation salaries in Avendus

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₹22.68 L/yr - ₹64.9 L/yr
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₹9 L/yr - ₹17.96 L/yr
Analyst Salary
(4 salaries)
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₹9.2 L/yr - ₹14 L/yr
Director Salary
(3 salaries)
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₹50 L/yr - ₹101 L/yr
Data Analyst Salary
(3 salaries)
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₹2 L/yr - ₹2.4 L/yr

Top skills at Avendus for Associate

Financial Research Due Diligence CA Investment Banking Equity Research

Salary related reviews for Avendus

4.1

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Jun 2023

4.0
 for  Salary and Benefits

Likes

The learning curve is steep in Avendus for most of the employees. The office is also very cool and there is a lot of emphasis on employee welfare and satisfaction.

read more
  • Salary - Good
  • +5 more

Dislikes

Appraisals have been extremely disappointing. The work culture can be better - though it depends on which team you work with. Better to get feedback of your manager from the current/past employees before joining.

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Aug 2023

1.0
 for  Salary and Benefits

Likes

Nothing. Most toxic place on earth to work for. MD will suck the life out of you shout at you in every conversation.

Dislikes

Already mentioned above. Hell organization! Everyone is same the same and politics stays at the maximum

  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Nov 2023

4.0
 for  Salary and Benefits

Likes

Learning opportunities are good along with being offered a lot of responsibility

  • Salary - Good
  • +1 more

Dislikes

Apart from 1-2 teams, team culture is largely a problem with a lot of toxicity, office politics, and a general treatment of juniors as a replaceable resource.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 13 Dec 2023

4.0
 for  Salary and Benefits

Likes

The work atmosphere is OK if you know how to handle people.

  • Salary - Good
  • +3 more

Dislikes

In the absence of a proper HR personnel in Delhi office, everything is managed by 1 person who is very biased towards her group of 3 people and adds unnecessary pressure in others, forcing them to quit.

read more
  • Promotions - Bad
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 01 Feb 2023

3.0
 for  Salary and Benefits

Likes

Founders are still playing an important role in company's growth, International offsites every alternate year, 5 days a week,

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Dislikes

Work life balance, Biased policies towards employees, Company Culture (though they boast they have the best), Leadership skills in CXOs,

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  • Promotions - Poor
  • +2 more
see more salary related reviews

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Avendus Associate Salary FAQs

What is the salary of Associate at Avendus in Mumbai?
The average salary of a Associate at Avendus in Mumbai typically ranges from ₹20.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Associate in Mumbai at Avendus earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Associate Salaries at Avendus can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Avendus employees in India.
What is the estimated take home salary of a Associate at Avendus in Mumbai?
The estimated take-home salary of a Associate at Avendus in Mumbai typically ranges from ₹2,33,276 to ₹2,42,687 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Avendus. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at Avendus in Mumbai?
To be a Associate at Avendus in Mumbai, the key skills required include:

  • - Financial Research
  • - Due Diligence
  • - CA
  • - Investment Banking
  • - Equity Research

These skills are highly valued at Avendus and are crucial for successful performance in a Software Engineering role.
What is the salary of a Associate in companies similar to Avendus in Mumbai?
The salary of a Associate at companies similar to Avendus in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co. ₹10.0 Lakhs to ₹36.0 Lakhs per year
Morgan Stanley ₹5.0 Lakhs to ₹21.0 Lakhs per year
PwC ₹5.3 Lakhs to ₹20.0 Lakhs per year
InSync Analytics ₹3.8 Lakhs to ₹6.5 Lakhs per year
Wipro ₹0.9 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Associate at Avendus in Mumbai?
The salary growth for a Associate at Avendus in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Avendus:

Experience Average Salary Range
Fresher ₹25.0 Lakhs to ₹50.0 Lakhs per year
1 year ₹20.0 Lakhs to ₹58.0 Lakhs per year
2 years ₹20.0 Lakhs to ₹60.0 Lakhs per year
3 years ₹20.0 Lakhs to ₹40.0 Lakhs per year
and so on.

Tell us how to improve this page.

Avendus Associate salary in Mumbai ranges between ₹20 Lakhs to ₹60 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Avendus latest salaries received from various employees of Avendus.