Choice Equity Broking Equity Research Associate Salaries by 4 Employees

2 - 6 years exp.

₹3 Lakhs - ₹10.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

53% less than the average Equity Research Associate Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Equity Research Associate Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Equity Research Associate Salary 6 years exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹14.6 L/yr

Last Updated: 13 Oct 2023

Companies similar to Choice Equity Broking for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Systematix Shares & Stocks Equity Research Associate Salary 0 - 4 years exp. (13 salaries)	₹4 L/yr - ₹11 L/yr 10% more
Nomura Structured Finance Services Equity Research Associate Salary 2 - 5 years exp. (3 salaries)	₹15 L/yr - ₹18 L/yr 157% more
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JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (39 salaries)	₹22 L/yr - ₹49 L/yr 548% more	3 job openings
Zacks Research Equity Research Associate Salary 0 - 3 years exp. (29 salaries)	₹2 L/yr - ₹5 L/yr 34% less
Evalueserve Equity Research Associate Salary 0 - 3 years exp. (26 salaries)	₹7 L/yr - ₹11.1 L/yr 54% more

Equity Research Associate salary at Choice Equity Broking ranges between ₹3 Lakhs to ₹10.7 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Choice Equity Broking.

Experience wise Choice Equity Broking Equity Research Associate salaries

Last Updated: 13 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹10.5 L/yr
5 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹13.3 L/yr

Similar Designation salaries in Choice Equity Broking

Research Associate Salary

(6 salaries)

₹2.4 L/yr - ₹5 L/yr

Equity Research Analyst Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Senior Research Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Equity Dealer Salary

(9 salaries)

₹2 L/yr - ₹4.5 L/yr

Equity Advisor Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Deputy Manager Salary

(13 salaries)

₹2.34 L/yr - ₹6 L/yr

Team Lead Salary

(5 salaries)

₹2.7 L/yr - ₹6.65 L/yr

Salary related reviews for Choice Equity Broking

Relationship Manager in Nagpur

Full Time

Marketing & Communication Department

4.0

• posted on 15 Sep 2024

4.0

for Salary and Benefits

Likes

Choice company does not put its employees under pressure. The environment is very good.And if any problem arises, the company solve it immediately, whether it is a client or an employee .

Salary - Good

+6 more

Dislikes

There is no salary growth in choice company,rest of the company well and good

Authorised Person in Ranchi

BFSI, Investments & Trading Department

1.0

• posted on 21 Sep 2019

3.0

for Salary and Benefits

Likes

Only one thing in your company is good and that is research reports.

Dislikes

...rrency trading your tips/message comes for trading and you book profit around 0.10 paisa so what client earn if he pay 0.02% brokerage in one side.

Job security - Bad

+4 more

Relationship Manager in Vadodara

Full Time

Sales & Business Development Department

3.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Staffs is very good almost like a family

Dislikes

Very bad language pf SM and also partial to his girlfriend breaking all corporate laws and having relation to junior employees and account handlers are Broking revenue oriented not client’s profit oriented and really a scamster.

Salary - Bad

+5 more

see more salary related reviews

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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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Choice Equity Broking Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Choice Equity Broking ?

The average salary of a Equity Research Associate at Choice Equity Broking in India typically ranges from ₹3.0 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Equity Research Associate at Choice Equity Broking earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹13.3 Lakhs per year. Equity Research Associate Salaries at Choice Equity Broking 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 Choice Equity Broking employees in India.

What is the estimated take home salary of a Equity Research Associate at Choice Equity Broking in India?

The estimated take-home salary of a Equity Research Associate at Choice Equity Broking in India typically ranges from ₹47,399 to ₹48,521 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 2 years to 6 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 Choice Equity Broking. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Choice Equity Broking for Equity Research Associate in India?

JPMorgan Chase & Co.	₹22.0 Lakhs to ₹49.0 Lakhs per year
Nomura Structured Finance Services	₹15.0 Lakhs to ₹18.0 Lakhs per year
Evalueserve	₹7.0 Lakhs to ₹11.1 Lakhs per year
Systematix Shares & Stocks	₹4.0 Lakhs to ₹11.0 Lakhs per year

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

What is the salary of a Equity Research Associate in companies similar to Choice Equity Broking in India?

The salary of a Equity Research Associate at companies similar to Choice Equity Broking in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Zacks Research

₹2.0 Lakhs to ₹5.0 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 Equity Research Associate at Choice Equity Broking in India?

The salary growth for a Equity Research Associate at Choice Equity Broking depends on factors such as experience, performance, and promotions. On average, a Equity Research Associate can expect the following growth trajectory at Choice Equity Broking:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹6.1 Lakhs per year
4 years	₹3.0 Lakhs to ₹10.5 Lakhs per year
5 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.

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Choice Equity Broking Equity Research Associate Salaries

Choice Equity Broking Equity Research Associate salary in India ranges between ₹3 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Choice Equity Broking latest salaries received from various employees of Choice Equity Broking.