Bombay Stock Exchange Mumbai Business Analyst Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹3.1 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

47% less than the average Business Analyst Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 4 years exp. (6 salaries)	₹4.2 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Business Analyst Salary 0 - 3 years exp. (3 salaries)	₹5.8 L/yr - ₹6.1 L/yr
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Finance & Accounting Business Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.8 L/yr
Sales & Business Development Business Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7 L/yr

Last Updated: 30 Mar 2025

Companies similar to Bombay Stock Exchange for Business Analyst in Mumbai

Bombay Stock Exchange Business Analyst Salary

0 - 4 years exp. (13 salaries)

₹3.1 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Business Analyst Salary 2 - 8 years exp. (38 salaries)	₹5 L/yr - ₹16 L/yr 79% more
Kotak Securities Business Analyst Salary 1 - 8 years exp. (24 salaries)	₹4.1 L/yr - ₹16.2 L/yr 73% more
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National Stock Exchange of India Business Analyst Salary 1 - 11 years exp. (20 salaries)	₹5.3 L/yr - ₹14.3 L/yr 84% more
Sharekhan Business Analyst Salary 2 - 11 years exp. (18 salaries)	₹4 L/yr - ₹9.2 L/yr 23% more
Morningstar Business Analyst Salary 1 - 9 years exp. (17 salaries)	₹5 L/yr - ₹16 L/yr 83% more
JM Financial Business Analyst Salary 4 - 10 years exp. (9 salaries)	₹6 L/yr - ₹14.4 L/yr 66% more
TIAA Global Business Services Business Analyst Salary 5 - 8 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 135% more
MSCI Business Analyst Salary 1 - 8 years exp. (5 salaries)	₹10 L/yr - ₹18 L/yr 219% more
Axis Direct Business Analyst Salary 5 - 13 years exp. (5 salaries)	₹6.5 L/yr - ₹13 L/yr 48% more
ICICI Prudential Mutual Fund Business Analyst Salary 2 - 8 years exp. (4 salaries)	₹6 L/yr - ₹11 L/yr 49% more
CSC Business Analyst Salary 5 - 10 years exp. (3 salaries)	₹6 L/yr - ₹13.8 L/yr 44% more	1 job opening
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Business Analyst salary at Bombay Stock Exchange ranges between ₹3.1 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 13 latest salaries received from various employees of Bombay Stock Exchange.

Latest annual salaries shared by Bombay Stock Exchange Business Analyst in Mumbai

1w ago

₹6.1 Lakhs

3 years exp.

1mo ago

₹5 Lakhs

4 years exp.

2mo ago

₹5 Lakhs

1 year exp.

2mo ago

₹5.5 Lakhs

1 year exp.

5mo ago

₹6 Lakhs

2 years exp.

9mo ago

3 years exp.

9mo ago

2 years exp.

11mo ago

3 months exp.

1y ago

3 years exp.

Experience wise Bombay Stock Exchange Business Analyst salaries in Mumbai

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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2 years (5 salaries)	₹3.1 L/yr - ₹7 L/yr
3 years (3 salaries)	₹4.2 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr

Similar Designation salaries in Bombay Stock Exchange

Project Manager Salary

(4 salaries)

₹5.4 L/yr - ₹6.9 L/yr

Team Lead Salary

(4 salaries)

₹4 L/yr - ₹9.6 L/yr

Data Analyst Salary

(4 salaries)

₹4 L/yr - ₹5.5 L/yr

Senior Business Analyst Salary

(3 salaries)

₹5.5 L/yr - ₹7 L/yr

Product Manager Salary

(3 salaries)

₹12 L/yr - ₹12.2 L/yr

Salary related reviews for Bombay Stock Exchange

1.0

Rated by 1 employees for salary & benefits

Senior Manager in Mumbai

Full Time

IT & Information Security Department

2.0

• posted on 01 Apr 2025

1.0

for Salary and Benefits

Likes

If you have no aspirations no expectations from life and ready to work on same salary then it's good place to work

Dislikes

All seniors have no knowledge about daily work, they will bash you without understanding work

Salary - Bad

+5 more

Assistant Manager in Mumbai

Finance & Audit Department

2.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

U will get a double salary if u get out of the company for the same work.

Dislikes

Bekar company to work with. Seniors Don't have professionalism while talking. No 1to1 management. They talk bad about ur personal life behind u. Files pending for last 3 yrs,still they don't want to hire more ppl. They dont know how to retain employees. No bonus.

Salary - Bad

+6 more

Assistant Manager in Mumbai

Surveillance Department

4.0

• posted on 30 Mar 2018

3.0

for Salary and Benefits

Likes

Good platforms for freshers as it is a great stepping stone, Working environment is fine but depends on your department & Job security is almost 100% untill you goof up something real big with stocks or data.

Skill development - Good

+1 more

Dislikes

Working hours are so stretched that you don't have a work life balance. Salary policy is poorly managed.

Student Relationship Executive in Mumbai

Administration & Facilities Department

4.0

• posted on 09 Oct 2017

5.0

for Salary and Benefits

Likes

My team mates was good salary was also good environment also was good

Salary - Excellent

+3 more

Dislikes

My profile was student relationship executive and it was like keep on calling per day there was 150 calls so i don't think it will make growth so i am looking for some other field back office job

Executive Assistant in Mumbai

Finance & Accounting Department

4.0

• posted on 26 Jan 2018

4.0

for Salary and Benefits

Likes

...many teams. So sometimes employees get different department of not their choice. Salary is quite low comparatively NSE for same post.

Salary - Good

+6 more

Dislikes

Nothing

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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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Bombay Stock Exchange Business Analyst Salary FAQs

What is the salary of Business Analyst at Bombay Stock Exchange in Mumbai?

The average salary of a Business Analyst at Bombay Stock Exchange in Mumbai typically ranges from ₹3.1 Lakhs to ₹7.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Business Analyst in Mumbai at Bombay Stock Exchange earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Business Analyst Salaries at Bombay Stock Exchange 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 10+ Bombay Stock Exchange employees in India.

What is the estimated take home salary of a Business Analyst at Bombay Stock Exchange in Mumbai?

The estimated take-home salary of a Business Analyst at Bombay Stock Exchange in Mumbai typically ranges from ₹42,601 to ₹43,728 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ salaries received from various employees of Bombay Stock Exchange. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bombay Stock Exchange for Business Analyst in India?

MSCI	₹10.0 Lakhs to ₹18.0 Lakhs per year
TIAA Global Business Services	₹8.0 Lakhs to ₹15.0 Lakhs per year
National Stock Exchange of India	₹5.3 Lakhs to ₹14.3 Lakhs per year
Morningstar	₹5.0 Lakhs to ₹16.0 Lakhs per year
Edelweiss	₹5.0 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bombay Stock Exchange, depending on the role and experience level.

What is the salary of a Business Analyst in companies similar to Bombay Stock Exchange in Mumbai?

The salary of a Business Analyst at companies similar to Bombay Stock Exchange in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities	₹4.1 Lakhs to ₹16.2 Lakhs per year
JM Financial	₹6.0 Lakhs to ₹14.4 Lakhs per year
ICICI Prudential Mutual Fund	₹6.0 Lakhs to ₹11.0 Lakhs per year
Axis Direct	₹6.5 Lakhs to ₹13.0 Lakhs per year
CSC	₹6.0 Lakhs to ₹13.8 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 Business Analyst at Bombay Stock Exchange in Mumbai?

The salary growth for a Business Analyst at Bombay Stock Exchange in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Mumbai can expect the following growth trajectory at Bombay Stock Exchange:

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹6.4 Lakhs per year
1 year	₹5.0 Lakhs to ₹6.4 Lakhs per year
2 years	₹3.1 Lakhs to ₹7.0 Lakhs per year
3 years	₹4.2 Lakhs to ₹7.5 Lakhs per year

and so on.

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Bombay Stock Exchange Business Analyst Salaries in Mumbai

Bombay Stock Exchange Business Analyst salary in Mumbai ranges between ₹3.1 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bombay Stock Exchange latest salaries received from various employees of Bombay Stock Exchange.