Bank of America Securities Associate Salaries by 4 Employees

8 - 10 years exp.

₹27.5 Lakhs - ₹40 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

360% more than the average Associate Salary in Investment Banking / Venture Capital / Private Equity Companies for 8 - 10 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 8 - 10 years exp. (3 salaries)	₹27.5 L/yr - ₹40 L/yr
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Risk Management & Compliance Associate Salary 9 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹44 L/yr

Last Updated: 16 Sep 2024

Companies similar to Bank of America Securities for Associate

Company name	Avg Annual Salary	Open Jobs
STP Investment Services Associate Salary 0 - 2 years exp. (29 salaries)	₹3.8 L/yr - ₹5.1 L/yr 87% less
Jefferies Financial Group Associate Salary 2 - 17 years exp. (25 salaries)	₹11.4 L/yr - ₹25.8 L/yr 37% less
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Equirus Capital Associate Salary 1 - 5 years exp. (18 salaries)	₹10 L/yr - ₹24 L/yr 46% less
Tower Research Capital LLC Associate Salary 0 - 4 years exp. (9 salaries)	₹15 L/yr - ₹36 L/yr 41% less
MNC Group Associate Salary 1 - 10 years exp. (7 salaries)	₹2.1 L/yr - ₹7.5 L/yr 85% less
MENSA Associate Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹3.6 L/yr 91% less
Smallcase Technologies Associate Salary 0 - 2 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr 84% less
TH Global Capital Associate Salary 2 - 8 years exp. (3 salaries)	₹30 L/yr - ₹45 L/yr 5% more

Associate salary at Bank of America Securities ranges between ₹27.5 Lakhs to ₹40 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America Securities.

Experience wise Bank of America Securities Associate salaries

Last Updated: 16 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹40 L/yr
9 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹40 L/yr
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10 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹32.4 L/yr

Similar Designation salaries in Bank of America Securities

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Salary related reviews for Bank of America Securities

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Work life balance is fine. Flexible working hours.

Salary - Good

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Team politics, work environment is toxic Senior members of the team treat new members as subordinate. No interaction, and no help by seniors on understanding the work. You are on your own, learn the work and do it yourself. They belittle and say mean things to juniors for smallest mistake. Take credits for good work and put the blame on juniors for all wrongs.

Work satisfaction - Poor

Team Member in Hyderabad / Secunderabad

Investment banking Department

4.0

• posted on 17 Mar 2019

4.0

for Salary and Benefits

Likes

Fantastic benefits and great leadership and atmosphere to work in ! Great work life balance!

Salary - Good

+6 more

Dislikes

It is great experience working with bank of America, the only reason why i want to quite bank of America is i have got enough experience there and i want to move further in my career with the knowledge i have gained in bank of America, i am sure i will get more opportunities where i can grow and work for the organization development.

Banking Operations Executive in Bangalore / Bengaluru

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3.0

• posted on 03 Sep 2018

2.0

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It's good teammates very well training to work how handling querys in the role it's career growth it's abnormal.

Job security - Excellent

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It's good teammates very well training to work how handling querys in the role it's career growth it's abnormal.

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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 Securities Associate Salary FAQs

What is the salary of Associate at Bank of America Securities ?

The average salary of a Associate at Bank of America Securities in India typically ranges from ₹27.5 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Associate at Bank of America Securities earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Associate Salaries at Bank of America Securities 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 4 Bank of America Securities employees in India.

What is the estimated take home salary of a Associate at Bank of America Securities in India?

The estimated take-home salary of a Associate at Bank of America Securities in India typically ranges from ₹2,11,978 to ₹2,20,426 per month. This is based on the average salary range of ₹27.5 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 8 years to 10 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 4 salaries received from various employees of Bank of America Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America Securities for Associate in India?

TH Global Capital

₹30.0 Lakhs to ₹45.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America Securities, depending on the role and experience level.

What is the salary of a Associate in companies similar to Bank of America Securities in India?

The salary of a Associate at companies similar to Bank of America Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jefferies Financial Group	₹11.4 Lakhs to ₹25.8 Lakhs per year
Tower Research Capital LLC	₹15.0 Lakhs to ₹36.0 Lakhs per year
Equirus Capital	₹10.0 Lakhs to ₹24.0 Lakhs per year
Smallcase Technologies	₹4.5 Lakhs to ₹6.5 Lakhs per year
MNC Group	₹2.1 Lakhs to ₹7.5 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 Bank of America Securities in India?

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

Experience	Average Salary Range
8 years	₹15.5 Lakhs to ₹40.0 Lakhs per year
9 years	₹27.5 Lakhs to ₹40.0 Lakhs per year
10 years	₹12.6 Lakhs to ₹32.4 Lakhs per year

and so on.

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Bank of America Securities Associate Salaries

Bank of America Securities Associate salary in India ranges between ₹27.5 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America Securities latest salaries received from various employees of Bank of America Securities.