Blackrock Mumbai Associate Salaries by 200+ Employees (Updated 2025)

3 - 12 years exp.

₹8 Lakhs - ₹33.7 Lakhs

Salary of majority employees

146% more than the average Associate Salary in Management Consulting Companies for 3 - 12 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 3 - 12 years exp. (109 salaries)	₹7 L/yr - ₹30.7 L/yr
BFSI, Investments & Trading Associate Salary 3 - 12 years exp. (33 salaries)	₹7.8 L/yr - ₹31.2 L/yr
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Engineering - Software & QA Associate Salary 3 - 11 years exp. (17 salaries)	₹14.5 L/yr - ₹34 L/yr
Data Science & Analytics Associate Salary 3 - 12 years exp. (14 salaries)	₹10 L/yr - ₹28 L/yr
Customer Success, Service & Operations Associate Salary 8 - 12 years exp. (12 salaries)	₹10 L/yr - ₹17 L/yr

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Last Updated: 26 Feb 2025

Companies similar to Blackrock for Associate in Mumbai

Blackrock Associate Salary

3 - 12 years exp. (233 salaries)

₹8 L/yr - ₹33.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Goldman Sachs Associate Salary 2 - 9 years exp. (43 salaries)	₹10 L/yr - ₹38.8 L/yr 15% more	27 job openings
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (3k salaries)	₹10 L/yr - ₹36 L/yr 23% more	51 job openings
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Morgan Stanley Associate Salary 0 - 11 years exp. (2.1k salaries)	₹5 L/yr - ₹21 L/yr 39% less	1 job opening
UBS Associate Salary 1 - 10 years exp. (32 salaries)	₹6.7 L/yr - ₹25.7 L/yr 27% less
Barclays Associate Salary 2 - 8 years exp. (12 salaries)	₹7.2 L/yr - ₹23 L/yr 10% less
Deutsche Bank Associate Salary 2 - 15 years exp. (1k salaries)	₹9.9 L/yr - ₹33 L/yr 5% more	30 job openings
HSBC Group Associate Salary 1 - 10 years exp. (13 salaries)	₹4.4 L/yr - ₹16.9 L/yr 48% less
Nomura Holdings Associate Salary 4 - 15 years exp. (334 salaries)	₹10.1 L/yr - ₹39 L/yr 28% more	15 job openings
State Street Corporation Associate Salary 0 - 6 years exp. (170 salaries)	₹2 L/yr - ₹6 L/yr 81% less
BNP Paribas Associate Salary 0 - 5 years exp. (291 salaries)	₹2 L/yr - ₹8.5 L/yr 75% less

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Associate salary at Blackrock ranges between ₹8 Lakhs to ₹33.7 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 233 latest salaries received from various employees of Blackrock.

Experience wise Blackrock Associate salaries in Mumbai

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
3 years (14 salaries)	₹10 L/yr - ₹25.3 L/yr
4 years (20 salaries)	₹9.5 L/yr - ₹29.9 L/yr
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5 years (28 salaries)	₹7.9 L/yr - ₹34.3 L/yr
6 years (31 salaries)	₹7.9 L/yr - ₹32 L/yr
7 years (31 salaries)	₹8.4 L/yr - ₹31 L/yr
8 years (30 salaries)	₹8 L/yr - ₹28.5 L/yr
9 years (22 salaries)	₹9.9 L/yr - ₹31 L/yr
10 years (24 salaries)	₹10.1 L/yr - ₹33 L/yr
11 years (20 salaries)	₹9.3 L/yr - ₹33 L/yr
12 years (13 salaries)	₹11.2 L/yr - ₹27 L/yr

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From

Associate

₹

Lakhs/yr

3 - 12 years exp.

Director

₹

Lakhs/yr

13 - 25 years exp.

Associate 3 - 12 years exp.

Vice President 9 - 17 years exp.

83% hike

Director 13 - 25 years exp.

79% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Blackrock

Senior Associate Salary

(15 salaries)

₹11.3 L/yr - ₹32.5 L/yr

Top skills at Blackrock for Associate

Presentation Skills Interpersonal Skills Analytical Chemistry Investment Banking Civil Engineering

Salary related reviews for Blackrock

3.2

Rated by 25 employees for salary & benefits

Associate in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Apr 2021

3.0

for Salary and Benefits

Likes

Excellent opportunity to learn and company does support you a lot if you wish to expand your knowledge. Work culture is really good and people are very friendly and helpful. Really a great company to start your career with.

Skill development - Excellent

+3 more

Dislikes

The only place BlackRock lacks is compensation. There is no difference between a good and hardworking employee and a non performing employee. This demotivates a serious employee and frustrates them to a point where they want to move to other organization.

Associate in Gurgaon / Gurugram

IAG Department

1.0

• posted on 03 Jun 2021

3.0

for Salary and Benefits

Likes

Only thing I liked about the benefits they provided during Covid times.

Dislikes

Don't get attracted to the compensation they offer, they will make you 3 times more than normal work. Zero work life balance, you yourself will not look for your career growth here. You will just wait for the opportunity from other companies and will surely jump to better one. Let me tell you even you would not get sufficient time to even apply for other jobs.

Skill development - Poor

+5 more

Software Developer in Mumbai

Engineering - Software & QA Department

4.0

• posted on 16 Mar 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are good.

Job security - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary and annual increment is bit on the lower side than its competitors. Career growth is slow.

Salary - Poor

Financial Analyst in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

There's Job security and you learn a lot.

Skill development - Excellent

+1 more

Dislikes

...s of seniority rather than the work that is being done and there is favouritism. Salary is below market standards as well.

Salary - Bad

+3 more

Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

...ll work life balance is good in company. Helpful people and environment to work. Pays salary on time.

Work-life balance - Good

Dislikes

Employee performance matters a lot and based on the performance review and ratings, one gets promotion or appraisal on year ends. Little bit of bureaucratic structure within the organization. Knowledge wise, growth is limited for an individual as each process is distributed to different teams. Job security is not guaranteed as senior management won't think twice before laying off from work. Even the best folks are fired if they failed to meet performance expectations.

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Blackrock Associate Salary FAQs

What is the salary of Associate at Blackrock Mumbai?

Associate salary at Blackrock in Mumbai ranges between ₹8.0 Lakhs to ₹33.7 Lakhs for experience between 3 years to 12 years. According to our estimates it is 146% more than the average Associate Salary in India. Salary estimates are based on 233 latest salaries received from various employees of Blackrock Mumbai.

How does the salary of a Associate at Blackrock Mumbai compare with the average salary range for this job?

The average salary of a Associate at Blackrock is 146% more than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at Blackrock?

Presentation Skills, Interpersonal Skills, Analytical Chemistry, Investment Banking and Civil Engineering are some of the popular skills required to work as a Associate at Blackrock Mumbai.

Which similar companies are paying more than Blackrock to a Associate in Mumbai?

McKinsey & Company Associate Salary - ₹22.1 Lakhs to ₹66.0 Lakhs per year
Bank of America Securities Associate Salary - ₹27.5 Lakhs to ₹40.0 Lakhs per year
Mercer Associate Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
Nomura Holdings Associate Salary - ₹10.1 Lakhs to ₹39.0 Lakhs per year
JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹36.0 Lakhs per year

What is the salary of a Associate in companies similar to Blackrock in Mumbai?

Goldman Sachs Associate Salary - ₹10.0 Lakhs to ₹38.8 Lakhs per year
Deutsche Bank Associate Salary - ₹9.9 Lakhs to ₹33.0 Lakhs per year
Standard Chartered Associate Salary - ₹10.2 Lakhs to ₹34.8 Lakhs per year
Bain & Company Associate Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Barclays Associate Salary - ₹7.2 Lakhs to ₹23.0 Lakhs per year

What is the estimated take home salary of a Associate at Blackrock in Mumbai?

The estimated take-home salary of a Associate at Blackrock ranges between ₹1,30,324 per month to ₹1,34,955 per month in Mumbai. The take-home salary calculation is based on the average Blackrock Associate salary in India which ranges between ₹8.0 Lakhs to ₹33.7 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Associate at Blackrock in Mumbai?

According to AmbitionBox, 93% of the Blackrock Associates in Mumbai reported a notice period of 2 Months, 3% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 180 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Blackrock Associate salary in Mumbai ranges between ₹8 Lakhs to ₹33.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 233 Blackrock latest salaries received from various employees of Blackrock.