Blackrock Mumbai Senior Associate Salaries by 10+ Employees (Updated 2025)

6 - 13 years exp.

₹11.3 Lakhs - ₹32.5 Lakhs

Salary of majority employees

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84% more than the average Senior Associate Salary in Investment Banking / Venture Capital / Private Equity Companies for 6 - 13 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Associate Salary 7 - 11 years exp. (6 salaries)	Unlock ₹22 L/yr - ₹32.5 L/yr
Customer Success, Service & Operations Senior Associate Salary 8 - 13 years exp. (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹16.4 L/yr
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Data Science & Analytics Senior Associate Salary 7 - 9 years exp. (AmbitionBox Estimate)	Unlock ₹11.3 L/yr - ₹14.8 L/yr
Finance & Accounting Senior Associate Salary 6 - 12 years exp. (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹19 L/yr

Last Updated: 9 Feb 2025

Companies similar to Blackrock for Senior Associate in Mumbai

Blackrock Senior Associate Salary

6 - 13 years exp. (15 salaries)

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₹11.3 L/yr - ₹32.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Senior Associate Salary 0 - 10 years exp. (788 salaries)	Unlock ₹7 L/yr - ₹28 L/yr 15% less
HSBC Group Senior Associate Salary 1 - 7 years exp. (12 salaries)	Unlock ₹5.2 L/yr - ₹14.3 L/yr 38% less
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Barclays Senior Associate Salary 3 - 7 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹13 L/yr 53% less
Deutsche Bank Senior Associate Salary 4 - 11 years exp. (29 salaries)	Unlock ₹7.2 L/yr - ₹27 L/yr 12% less
UBS Senior Associate Salary 3 - 9 years exp. (23 salaries)	Unlock ₹6.3 L/yr - ₹24.1 L/yr 22% less
Nomura Holdings Senior Associate Salary 4 - 12 years exp. (58 salaries)	Unlock ₹12 L/yr - ₹42 L/yr 31% more	1 job opening
PwC Senior Associate Salary 0 - 12 years exp. (1.2k salaries)	Unlock ₹8 L/yr - ₹31 L/yr 2% less	871 job openings
Willis Towers Watson Senior Associate Salary 3 - 12 years exp. (371 salaries)	Unlock ₹3 L/yr - ₹8.5 L/yr 70% less
Ernst & Young Senior Associate Salary 0 - 12 years exp. (336 salaries)	Unlock ₹7.5 L/yr - ₹28 L/yr 12% less	41 job openings
BCG Senior Associate Salary 0 - 5 years exp. (105 salaries)	Unlock ₹24 L/yr - ₹49 L/yr 108% more
KPMG India Senior Associate Salary 0 - 8 years exp. (104 salaries)	Unlock ₹8 L/yr - ₹30 L/yr 7% less
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Nexdigm Senior Associate Salary 1 - 7 years exp. (26 salaries)	Unlock ₹2.7 L/yr - ₹6 L/yr 74% less	33 job openings
Deloitte Senior Associate Salary 1 - 9 years exp. (26 salaries)	Unlock ₹6.3 L/yr - ₹26 L/yr 23% less
McKinsey & Company Senior Associate Salary 3 - 10 years exp. (12 salaries)	Unlock ₹24 L/yr - ₹72 L/yr 193% more
Citco Senior Associate Salary 3 - 9 years exp. (11 salaries)	Unlock ₹7 L/yr - ₹13 L/yr 53% less
State Street Global Advisors Senior Associate Salary 2 - 7 years exp. (11 salaries)	Unlock ₹3.3 L/yr - ₹8.6 L/yr 57% less

Senior Associate salary at Blackrock ranges between ₹11.3 Lakhs to ₹32.5 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 15 latest salaries received from various employees of Blackrock.

Latest annual salaries shared by Blackrock Senior Associate in Mumbai

1mo ago

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11 years exp.

6mo ago

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11 years exp.

10mo ago

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6 years exp.

1y ago

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10 years exp.

1y ago

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9 years exp.

1y ago

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12 years exp.

1y ago

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12 years exp.

1y ago

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7 years exp.

1y ago

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8 years exp.

2y ago

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7 years exp.

Experience wise Blackrock Senior Associate salaries in Mumbai

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹19 L/yr - ₹25.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹11.3 L/yr - ₹26.5 L/yr
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8 years (3 salaries)	Unlock ₹14 L/yr - ₹31.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹11.3 L/yr - ₹32.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹30 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹20 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹32.5 L/yr

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Similar Designation salaries in Blackrock

Software Engineer Salary

(9 salaries)

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₹10 L/yr - ₹16.34 L/yr

Senior Software Engineer Salary

(5 salaries)

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₹18 L/yr - ₹30 L/yr

Salary related reviews for Blackrock

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

Analyst in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Amazing culture within the firm, seniors and higher management are very supportive and approachable. Work life balance is good. Company provides lots of employee benefits- insurance, cab facility, enough leaves etc.

Salary - Good

+6 more

Dislikes

Pay sometimes is not upto the market standards.

Financial Analyst in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Jul 2024

1.0

for Salary and Benefits

Likes

Company Culture & work life balance is very good. You will get encouragement for creating connections inside & outside firm. Provide free food (negligible charges) for 4 star kind of food 3 times in day. Transportation facility is also good.

Skill development - Good

+3 more

Dislikes

... so i was always in fear in my mind & because of this i didnt have mental peace. You need to pay more salary if you have extreme workload condition. Not suggested to join under any GIO team in BLK. Favoritism is stands tall than talent in GIO teams. HR & management needs to look into these issues that why lots of people left from BlackRock in very short span of time. Need to queried Asset & Cash team VP & directors that manager's not doing that job properly. You don't put all pressure on you last level employee, As a manager you need to take stands against other stake holders & you as manager need to absorb pressure rather than pointing out fingers to their own employee. I quit job solely because of managers & their favoritism. Overall organization is great but need to reformative & structural changes in GIO. These OFS culture is not at all matching with BLACKROCK culture. These teams are not align with BlackRock's culture. Simple words I can say in Hindi 'Name bade Darshan chote'

Salary - Bad

+2 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Blackrock Senior Associate Salary FAQs

What is the salary of Senior Associate at Blackrock Mumbai?

Senior Associate salary at Blackrock in Mumbai ranges between ₹11.3 Lakhs to ₹32.5 Lakhs for experience between 6 years to 13 years. According to our estimates it is 84% more than the average Senior Associate Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Blackrock Mumbai.

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

The average salary of a Senior Associate at Blackrock is 84% more than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

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

McKinsey & Company Senior Associate Salary - ₹24.0 Lakhs to ₹72.0 Lakhs per year
BCG Senior Associate Salary - ₹24.0 Lakhs to ₹49.0 Lakhs per year
Nomura Holdings Senior Associate Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year

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

PwC Senior Associate Salary - ₹8.0 Lakhs to ₹31.0 Lakhs per year
KPMG India Senior Associate Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Deutsche Bank Senior Associate Salary - ₹7.2 Lakhs to ₹27.0 Lakhs per year
Ernst & Young Senior Associate Salary - ₹7.5 Lakhs to ₹28.0 Lakhs per year
Morgan Stanley Senior Associate Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate at Blackrock ranges between ₹1,26,506 per month to ₹1,30,628 per month in Mumbai. The take-home salary calculation is based on the average Blackrock Senior Associate salary in India which ranges between ₹11.3 Lakhs to ₹32.5 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Blackrock Senior Associates in Mumbai reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Blackrock Senior Associate Salaries in Mumbai

Blackrock Senior Associate salary in Mumbai ranges between ₹11.3 Lakhs to ₹32.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Blackrock latest salaries received from various employees of Blackrock.