Bank of America Research Analyst Salaries by 6 Employees (Updated 2025)

1 - 4 years exp.

₹2.8 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

34% more than the average Research Analyst Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Research Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.1 L/yr
Finance & Accounting Research Analyst Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.7 L/yr
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Research & Development Research Analyst Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9 L/yr

Last Updated: 16 Aug 2023

Companies similar to Bank of America for Research Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Research Analyst Salary 3 - 8 years exp. (88 salaries)	₹10 L/yr - ₹15.9 L/yr 55% more	1 job opening
Wells Fargo Research Analyst Salary 0 - 4 years exp. (58 salaries)	₹2.3 L/yr - ₹5.2 L/yr 43% less
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Goldman Sachs Research Analyst Salary 0 - 6 years exp. (8 salaries)	₹9 L/yr - ₹25 L/yr 187% more
Morgan Stanley Research Analyst Salary 1 - 5 years exp. (10 salaries)	₹5.4 L/yr - ₹7.7 L/yr 10% less
HSBC Group Research Analyst Salary 1 - 14 years exp. (5 salaries)	₹11.1 L/yr - ₹48 L/yr 336% more
UBS Research Analyst Salary 3 - 6 years exp. (7 salaries)	₹8.1 L/yr - ₹23 L/yr 139% more
HDFC Bank Research Analyst Salary 0 - 8 years exp. (12 salaries)	₹4.2 L/yr - ₹13 L/yr 18% more
Barclays Research Analyst Salary 0 - 2 years exp. (7 salaries)	₹3.2 L/yr - ₹14 L/yr 23% more
NatWest Group Research Analyst Salary 3 - 10 years exp. (7 salaries)	₹3.8 L/yr - ₹7.6 L/yr 29% less
ICICI Bank Research Analyst Salary 0 - 3 years exp. (6 salaries)	₹9.5 L/yr - ₹18 L/yr 120% more
State Bank of India Research Analyst Salary 2 - 6 years exp. (5 salaries)	₹10 L/yr - ₹14.5 L/yr 75% more
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Deutsche Bank Research Analyst Salary 2 - 7 years exp. (5 salaries)	₹9.5 L/yr - ₹22 L/yr 96% more
ANZ Banking Group Research Analyst Salary 2 - 9 years exp. (3 salaries)	₹10 L/yr - ₹22 L/yr 113% more
HSBC Bank Research Analyst Salary 0 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹9 L/yr 18% less

Research Analyst salary at Bank of America ranges between ₹2.8 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Research Analyst salaries

Last Updated: 16 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹9 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹12.1 L/yr
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3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
4 years (3 salaries)	₹3.9 L/yr - ₹9 L/yr

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Top skills at Bank of America for Research Analyst

Finance Consulting Risk Management Talent Acquisition Investment Banking Financial Services Banking Equity Research Pharmacy Management Consulting

Salary related reviews for Bank of America

5.0

Rated by 2 employees for salary & benefits

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Salary - Excellent

+1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Analyst in Gurgaon / Gurugram

Full Time

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.

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.

Skill development - Poor

+2 more

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of America Research Analyst Salary FAQs

What is the salary of Research Analyst at Bank of America?

Research Analyst salary at Bank of America in India ranges between ₹2.8 Lakhs to ₹9.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 34% more than the average Research Analyst Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of America India.

How does the salary of a Research Analyst at Bank of America India compare with the average salary range for this job?

The average salary of a Research Analyst at Bank of America is 34% more than the average salary of a Research Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Research Analyst at Bank of America?

Finance, Consulting, Risk Management, Talent Acquisition and Investment Banking are some of the popular skills required to work as a Research Analyst at Bank of America India.

Which similar companies are paying more than Bank of America to a Research Analyst in India?

HSBC Group Research Analyst Salary - ₹11.1 Lakhs to ₹48.0 Lakhs per year
Goldman Sachs Research Analyst Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
UBS Research Analyst Salary - ₹8.1 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Research Analyst Salary - ₹9.5 Lakhs to ₹18.0 Lakhs per year
ANZ Banking Group Research Analyst Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Research Analyst in companies similar to Bank of America in India?

Deutsche Bank Research Analyst Salary - ₹9.5 Lakhs to ₹22.0 Lakhs per year
State Bank of India Research Analyst Salary - ₹10.0 Lakhs to ₹14.5 Lakhs per year
JPMorgan Chase & Co. Research Analyst Salary - ₹10.0 Lakhs to ₹15.9 Lakhs per year
Barclays Research Analyst Salary - ₹3.2 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Research Analyst Salary - ₹4.2 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Research Analyst at Bank of America in India?

The estimated take-home salary of a Research Analyst at Bank of America ranges between ₹51,115 per month to ₹52,320 per month in India. The take-home salary calculation is based on the average Bank of America Research Analyst salary in India which ranges between ₹2.8 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Research Analyst at Bank of America?

According to AmbitionBox, 33% of the Bank of America Research Analysts reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of America Research Analyst Salaries

Bank of America Research Analyst salary in India ranges between ₹2.8 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bank of America latest salaries received from various employees of Bank of America.