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Bank of America Equity Research Analyst salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹42 Lakhs - ₹70 Lakhs
Salary of majority employees
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300% more than the average Equity Research Analyst Salary in Banking Companies for 1 - 4 years of experience

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Last Updated: 16 Dec 2024

Companies similar to Bank of America for Equity Research Analyst in Mumbai

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Bank of America Equity Research Analyst Salary

1 - 4 years exp. (5 salaries)

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₹42 L/yr - ₹70 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Barclays Equity Research Analyst Salary

2 - 11 years exp. (13 salaries)

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₹14.4 L/yr - ₹29.4 L/yr

arrow icon 61% less
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₹8 L/yr - ₹16 L/yr

arrow icon 81% less
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₹12.1 L/yr - ₹43 L/yr

arrow icon 49% less
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Morningstar Equity Research Analyst Salary

0 - 4 years exp. (46 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 90% less
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Crisil Equity Research Analyst Salary

0 - 5 years exp. (36 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 81% less
11 job openings
Equity Research Analyst salary at Bank of America ranges between ₹42 Lakhs to ₹70 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Equity Research Analyst in Mumbai

3mo ago
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2 years exp.
1y ago
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1 year exp.

Experience wise Bank of America Equity Research Analyst salaries in Mumbai

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹54.1 L/yr - ₹59.8 L/yr
2 years (AmbitionBox Estimate)

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₹53.4 L/yr - ₹59 L/yr
3 years (AmbitionBox Estimate)

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₹52.7 L/yr - ₹58.2 L/yr
4 years (AmbitionBox Estimate)

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₹51.9 L/yr - ₹57.4 L/yr

Similar Designation salaries in Bank of America

Analyst Salary
(179 salaries)
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₹8.76 L/yr - ₹27 L/yr
Senior Analyst Salary
(138 salaries)
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₹12.35 L/yr - ₹38.1 L/yr
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₹8 L/yr - ₹24.31 L/yr
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₹3.8 L/yr - ₹16.14 L/yr
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₹3.6 L/yr - ₹7.4 L/yr
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₹8.65 L/yr - ₹9 L/yr

Salary related reviews for Bank of America

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2.0
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Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

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Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

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Data Science & Analytics Department

4.0
  •  posted on 18 Aug 2023

4.0
 for  Salary and Benefits

Likes

Good Salary, work life balance.

  • Salary - Good
  • +4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

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Full Time

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BFSI, Investments & Trading Department

3.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

read more
  • Job security - Excellent
  • +1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

read more
  • Skill development - Poor
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Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 28 Jan 2022

4.0
 for  Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

read more
  • Salary - Good
  • +6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

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Bank of America Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at Bank of America in Mumbai?
The average salary of a Equity Research Analyst at Bank of America in Mumbai typically ranges from ₹42.0 Lakhs to ₹70.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Equity Research Analyst in Mumbai at Bank of America earn more than ₹70.0 Lakhs per year, and the top 1% earn over ₹70.0 Lakhs per year. Equity Research Analyst Salaries at Bank of America 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 5 Bank of America employees in India.
What is the estimated take home salary of a Equity Research Analyst at Bank of America in Mumbai?
The estimated take-home salary of a Equity Research Analyst at Bank of America in Mumbai typically ranges from ₹3,07,986 to ₹3,20,077 per month. This is based on the average salary range of ₹42.0 Lakhs to ₹70.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Equity Research Analyst in companies similar to Bank of America in Mumbai?
The salary of a Equity Research Analyst at companies similar to Bank of America in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co. ₹12.1 Lakhs to ₹43.0 Lakhs per year
Barclays ₹14.4 Lakhs to ₹29.4 Lakhs per year
Transparent Value ₹8.0 Lakhs to ₹16.0 Lakhs per year
Crisil ₹5.0 Lakhs to ₹15.0 Lakhs per year
Morningstar ₹3.0 Lakhs to ₹6.5 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 Equity Research Analyst at Bank of America in Mumbai?
The salary growth for a Equity Research Analyst at Bank of America in Mumbai depends on factors such as experience, performance, and promotions. On average, a Equity Research Analyst in Mumbai can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
1 year ₹54.1 Lakhs to ₹59.8 Lakhs per year
2 years ₹53.4 Lakhs to ₹59.0 Lakhs per year
3 years ₹52.7 Lakhs to ₹58.2 Lakhs per year
4 years ₹51.9 Lakhs to ₹57.4 Lakhs per year
and so on.

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Bank of America Equity Research Analyst salary in Mumbai ranges between ₹42 Lakhs to ₹70 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.