CareEdge Ratings Mumbai Associate Director Salaries by 20+ Employees (Updated 2025)

12 - 16 years exp.

₹27.2 Lakhs - ₹40 Lakhs

Salary of majority employees

18% less than the average Associate Director Salary in Financial Services Companies for 12 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Director Salary 13 - 16 years exp. (7 salaries)	₹27.5 L/yr - ₹38 L/yr
Finance & Accounting Associate Director Salary 12 - 16 years exp. (6 salaries)	₹28 L/yr - ₹40 L/yr
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Human Resources Associate Director Salary 12 - 16 years exp. (4 salaries)	₹27.2 L/yr - ₹36 L/yr
Sales & Business Development Associate Director Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹30.6 L/yr - ₹37 L/yr
Strategic & Top Management Associate Director Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹29 L/yr - ₹32 L/yr

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Last Updated: 9 Mar 2025

Companies similar to CareEdge Ratings for Associate Director in Mumbai

CareEdge Ratings Associate Director Salary

12 - 16 years exp. (27 salaries)

₹27.2 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Associate Director Salary 10 - 22 years exp. (36 salaries)	₹30 L/yr - ₹94 L/yr 74% more	1 job opening
JM Financial Associate Director Salary 15 - 26 years exp. (12 salaries)	₹24 L/yr - ₹52 L/yr 15% more
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UBS Associate Director Salary 6 - 20 years exp. (639 salaries)	₹14.8 L/yr - ₹51.5 L/yr 7% more
PwC Associate Director Salary 7 - 21 years exp. (348 salaries)	₹20 L/yr - ₹60 L/yr 24% more	1 job opening
KPMG India Associate Director Salary 7 - 21 years exp. (315 salaries)	₹22 L/yr - ₹60 L/yr 28% more	6 job openings

Associate Director salary at CareEdge Ratings ranges between ₹27.2 Lakhs to ₹40 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 27 latest salaries received from various employees of CareEdge Ratings.

Experience wise CareEdge Ratings Associate Director salaries in Mumbai

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
12 years (5 salaries)	₹27.2 L/yr - ₹34 L/yr
13 years (5 salaries)	₹27.2 L/yr - ₹36 L/yr
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14 years (7 salaries)	₹27.5 L/yr - ₹40 L/yr
15+ years (10 salaries)	₹28 L/yr - ₹38 L/yr

Similar Designation salaries in CareEdge Ratings

Analyst Salary

(38 salaries)

₹5.5 L/yr - ₹20.9 L/yr

Assistant Director Salary

(37 salaries)

₹10.6 L/yr - ₹30 L/yr

Lead Analyst Salary

(32 salaries)

₹9.3 L/yr - ₹19.26 L/yr

Deputy Manager Salary

(28 salaries)

₹7.5 L/yr - ₹14 L/yr

Business Development Executive Salary

(4 salaries)

₹3.6 L/yr - ₹6.18 L/yr

Associate Analyst Salary

(3 salaries)

₹2.3 L/yr - ₹4 L/yr

Associate Executive Salary

(3 salaries)

₹3.4 L/yr - ₹4.75 L/yr

Salary related reviews for CareEdge Ratings

2.1

Rated by 4 employees for salary & benefits

Analyst in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Jul 2023

1.0

for Salary and Benefits

Likes

Overall culture is average with hybrid option availability.

Dislikes

...Too much low salary in comparison to work load. Low increment at analyst level. No pay parity amongst the employees. Case execution preference over case process and understanding. Immediate senior level does not have the requisite of expertise in handling a team or a case.

Salary - Bad

+4 more

Senior Lead Analyst in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 15 Jun 2023

1.0

for Salary and Benefits

Likes

Learning

Skill development - Good

+1 more

Dislikes

...offered 19lac pa. Tier 2/3 institute got 11lacs pa. Lets see FY24 attrition. If you are joining please negotiate better salary prior joining because once you are in there is no way to increase that unless you join another company. Only join if you can bear the pain of disparity among.

Salary - Bad

+4 more

Senior Analyst in Mumbai

Full Time

Other Department

1.0

• posted on 02 Oct 2023

1.0

for Salary and Benefits

Likes

Initial learning phase

Dislikes

No value of the existing employees, bad pay No work life balance No leisure or fun activities (participation not allowed even if they're organised), only work No appreciation for work done No rest even on weekends or holidays applied for months back No freedom to take leaves when required, you can only fall sick when your manager permits you to No WFH allowed in some teams No flexibility of reporting time Micromanagement at its peak Not much learning once trained, cases are just executed to complete before deadlines

Salary - Bad

+6 more

Analyst in Ahmedabad

Full Time

Energy & Mining Department

4.0

• posted on 05 Jun 2023

3.0

for Salary and Benefits

Likes

There are a lot of opportunities to learn and grow at this company. It's a client-facing role where you get to interact with mid- to large-corporate senior-level management and get to understand their business on a deep level.

Job security - Good

+2 more

Dislikes

The salary disparity between different employees working at the same position is high. Plus the increments offered are way below industry standards.

Promotions - Poor

+1 more

Senior Lead Analyst in Noida

Full Time

Finance & Accounting Department

1.0

• posted on 17 Jun 2023

3.0

for Salary and Benefits

Likes

Saturday Sunday off

Dislikes

... It is very tough to live in this culture. HR did very smart job in negotiating. But haha what happened people coming from tier 2-3 college are getting 11 lac salary and those coming from IIM Kashipur/ IMT G are getting 19 lac (many of them are those who couldn't clear even CA inter) Those who are CAs and are lead analyst working in this company for 3 years are getting lower than new joiners. If you are CA and are joining CARE RATINGS, Ask for 14 lac minimum. Also avoid joining Noida at any cost.

Skill development - Poor

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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CareEdge Ratings Associate Director Salary FAQs

What is the salary of Associate Director at CareEdge Ratings in Mumbai?

The average salary of a Associate Director at CareEdge Ratings in Mumbai typically ranges from ₹27.2 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Associate Director in Mumbai at CareEdge Ratings earn more than ₹37.8 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Associate Director Salaries at CareEdge Ratings 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 20+ CareEdge Ratings employees in India.

What is the estimated take home salary of a Associate Director at CareEdge Ratings in Mumbai?

The estimated take-home salary of a Associate Director at CareEdge Ratings in Mumbai typically ranges from ₹1,96,765 to ₹2,04,525 per month. This is based on the average salary range of ₹27.2 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 12 years to 16 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 20+ salaries received from various employees of CareEdge Ratings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than CareEdge Ratings for Associate Director in India?

Edelweiss	₹30.0 Lakhs to ₹94.0 Lakhs per year
KPMG India	₹22.0 Lakhs to ₹60.0 Lakhs per year
PwC	₹20.0 Lakhs to ₹60.0 Lakhs per year
JM Financial	₹24.0 Lakhs to ₹52.0 Lakhs per year
UBS	₹14.8 Lakhs to ₹51.5 Lakhs per year

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

How the salary growth look like for a Associate Director at CareEdge Ratings in Mumbai?

The salary growth for a Associate Director at CareEdge Ratings in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Director in Mumbai can expect the following growth trajectory at CareEdge Ratings:

Experience	Average Salary Range
12 years	₹27.2 Lakhs to ₹34.0 Lakhs per year
13 years	₹27.2 Lakhs to ₹36.0 Lakhs per year
14 years	₹27.5 Lakhs to ₹40.0 Lakhs per year
15 years	₹28.0 Lakhs to ₹38.0 Lakhs per year

and so on.

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CareEdge Ratings Associate Director Salaries in Mumbai

CareEdge Ratings Associate Director salary in Mumbai ranges between ₹27.2 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 CareEdge Ratings latest salaries received from various employees of CareEdge Ratings.

CareEdge Ratings Associate Director salaries in Mumbai (Updated 2025)

Companies similar to CareEdge Ratings for Associate Director in Mumbai

Latest annual salaries shared by CareEdge Ratings Associate Director in Mumbai

Experience wise CareEdge Ratings Associate Director salaries in Mumbai

Similar Designation salaries in CareEdge Ratings

Salary related reviews for CareEdge Ratings

Analyst in Mumbai

Senior Lead Analyst in Mumbai

Senior Analyst in Mumbai

Analyst in Ahmedabad

Senior Lead Analyst in Noida

CareEdge Ratings Associate Director Salary FAQs

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