Bank of America Research Analyst Salaries by 3 Employees

1 - 4 years exp.

₹6.7 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% more than the average Research Analyst Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

Research & Development Research Analyst Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9 L/yr
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Finance & Accounting Research Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹8.7 L/yr

Last Updated: 5 Apr 2023

Companies similar to Bank of America for Research Analyst

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Research Analyst Salary 0 - 8 years exp. (12 salaries)	₹4.2 L/yr - ₹13 L/yr 11% more
Barclays Research Analyst Salary 0 - 3 years exp. (11 salaries)	₹11.2 L/yr - ₹18.5 L/yr 109% more
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ICICI Bank Research Analyst Salary 0 - 3 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 110% more
NatWest Group Research Analyst Salary 3 - 10 years exp. (7 salaries)	₹3.8 L/yr - ₹7.6 L/yr 33% less
State Bank of India Research Analyst Salary 2 - 6 years exp. (5 salaries)	₹10 L/yr - ₹14.5 L/yr 65% more
HSBC Electronic Data Processing Research Analyst Salary 3 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹5.3 L/yr 37% less
Deutsche Bank Research Analyst Salary 2 - 7 years exp. (5 salaries)	₹3 L/yr - ₹18.6 L/yr 43% more
HSBC Global Banking and Markets Research Analyst Salary 1 - 3 years exp. (3 salaries)	₹4 L/yr - ₹7.4 L/yr 28% less
ANZ Banking Group Research Analyst Salary 2 - 9 years exp. (3 salaries)	₹10 L/yr - ₹22 L/yr 101% more
HSBC Bank Research Analyst Salary 0 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹9 L/yr 23% less

Research Analyst salary at Bank of America ranges between ₹6.7 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Research Analyst salaries

Last Updated: 5 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Research Analyst Salary FAQs

How the salary growth look like for a Research Analyst at Bank of America in India?

The salary growth for a Research Analyst at Bank of America depends on factors such as experience, performance, and promotions. On average, a Research Analyst can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
1 year	₹6.0 Lakhs to ₹7.7 Lakhs per year
2 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
3 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
4 years	₹6.7 Lakhs to ₹8.6 Lakhs per year

and so on.

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Bank of America Research Analyst Salaries

Bank of America Research Analyst salary in India ranges between ₹6.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.