Citco Mumbai Associate Salaries by 4 Employees

1 - 3 years exp.

₹4 Lakhs - ₹5.4 Lakhs

Salary of majority employees

33% less than the average Associate Salary in Management Consulting Companies for 1 - 3 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.4 L/yr
Login to view exact salary
Finance & Accounting Associate Salary 3 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.4 L/yr

Last Updated: 14 Mar 2023

Companies similar to Citco for Associate in Mumbai

Citco Associate Salary

1 - 3 years exp. (4 salaries)

₹4 L/yr - ₹5.4 L/yr

Company name	Avg Annual Salary	Open Jobs
State Street Corporation Associate Salary 0 - 6 years exp. (176 salaries)	₹2 L/yr - ₹6 L/yr 31% less
BNY Associate Salary 2 - 10 years exp. (24 salaries)	₹4 L/yr - ₹16.1 L/yr 70% more	9 job openings
Login to view exact salary
SS&C TECHNOLOGIES Associate Salary 0 - 5 years exp. (940 salaries)	₹2.3 L/yr - ₹8.8 L/yr 5% less	4 job openings
Blackrock Associate Salary 2 - 12 years exp. (243 salaries)	₹8.1 L/yr - ₹33.5 L/yr 270% more
PwC Associate Salary 0 - 8 years exp. (1.7k salaries)	₹5.8 L/yr - ₹19 L/yr 129% more	157 job openings
Ernst & Young Associate Salary 0 - 7 years exp. (315 salaries)	₹4.8 L/yr - ₹20 L/yr 117% more	30 job openings
Willis Towers Watson Associate Salary 0 - 6 years exp. (76 salaries)	₹2 L/yr - ₹6 L/yr 29% less
KPMG India Associate Salary 0 - 5 years exp. (74 salaries)	₹5 L/yr - ₹20 L/yr 117% more	1 job opening
McKinsey & Company Associate Salary 1 - 9 years exp. (48 salaries)	₹20.5 L/yr - ₹80.6 L/yr 863% more
Deloitte Associate Salary 0 - 5 years exp. (37 salaries)	₹6.4 L/yr - ₹12 L/yr 68% more
Nexdigm Associate Salary 0 - 4 years exp. (23 salaries)	₹2 L/yr - ₹4 L/yr 46% less	28 job openings
Login to view exact salary
BCG Associate Salary 0 - 4 years exp. (22 salaries)	₹7 L/yr - ₹29 L/yr 215% more
Bain & Company Associate Salary 0 - 5 years exp. (13 salaries)	₹13 L/yr - ₹25 L/yr 234% more	5 job openings
ZS Associate Salary 0 - 4 years exp. (12 salaries)	₹8 L/yr - ₹14.9 L/yr 157% more
Datamatics Business Solutions Associate Salary 0 - 3 years exp. (7 salaries)	₹1.9 L/yr - ₹4.5 L/yr 46% less
Mercer Associate Salary 9 - 12 years exp. (6 salaries)	₹17 L/yr - ₹40 L/yr 511% more
Guidehouse Associate Salary 2 - 5 years exp. (3 salaries)	₹3.7 L/yr - ₹4 L/yr 28% less

Associate salary at Citco ranges between ₹4 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Citco.

Experience wise Citco Associate salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹9.5 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.3 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹5.3 L/yr

Similar Designation salaries in Citco

Senior Associate Salary

(11 salaries)

₹7 L/yr - ₹13 L/yr

Team Lead Salary

(7 salaries)

₹9 L/yr - ₹18 L/yr

Salary related reviews for Citco

4.0

Rated by 1 employees for salary & benefits

Assistant Vice President in Kolkata

Full Time

Finance & Accounting Department

2.0

• posted on 01 Nov 2024

2.0

for Salary and Benefits

Likes

We do end to end work here, with minimum support, and crunch of staffing, thereby a lot to learn, take it pressure, knowledge and management.

Job security - Good

Dislikes

Unorganised in terms of staffing, may be the policy is to overutilize people. No Salary rectification, baised management decisions, HR has no control over anything.

Salary - Poor

+3 more

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 08 Oct 2024

4.0

for Salary and Benefits

Likes

...er management look at you as Rec! 2. Not employee friendly org to work with. 3. They really pay well.

Salary - Good

Dislikes

1.No work life balance. 2.Canadian CITCO employee thinks themselves as God, they dominate so much. 3. SVPs and VPs act according to Canadian CITCO team. 4. They make you submit timesheet for 8hours and you need to spend at least 14 hours. 5. No one shares knowledge in team. 6. No proper communication with in team. 7. Vintage employees stab back at their own AVPs by adding more masala to Canada teams. 8. SVPs - Depends under who. You are working , but often seen them dominating under level peers.

Job security - Poor

+4 more

Operations Analyst in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 30 Sep 2024

4.0

for Salary and Benefits

Likes

The Pay for Freshers is good.

Salary - Good

+2 more

Dislikes

Micro Management Favouritism Pathetic Management and Managers Managers with no adequate Knowledge of the Department Process. Managers not wanting to take new task in order to avoid responsibilities. Management cutting cost by Cutting on basic Amenities like Toilet Paper, Canteen Paper Cups and Cup Plates.

Skill development - Bad

+3 more

Supervisor in Hyderabad / Secunderabad

Full Time

Other Department

3.0

• posted on 04 May 2024

3.0

for Salary and Benefits

Likes

Transportation, good salary

Dislikes

There is new policy called my flex for hybrid model which is not at all clear and micro management, no work life balance at all. If we tell the same to managers they will tell work life balance is a mind set

Job security - Poor

+3 more

Fund Accountant in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Nov 2023

2.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

... are expected to know everything on their own on Day 1 Terrible place to work... in case you have a choice or another offer (even with lesser pay) please avoid Citco... Because there is no concept of work life balance in this company ... you will end up working 365 days for more than 13 to 15 hours and that too without overtime... wonder whether labour laws are applicable for Citco, doesn't look like it does.. unfortunately

Salary - Poor

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

Got a question about Citco?

Ask anonymously on communities.

Citco Associate Salary FAQs

What is the salary of Associate at Citco in Mumbai?

The average salary of a Associate at Citco in Mumbai typically ranges from ₹4.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Associate in Mumbai at Citco earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Associate Salaries at Citco 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 Citco employees in India.

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

The estimated take-home salary of a Associate at Citco in Mumbai typically ranges from ₹40,040 to ₹41,205 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 1 year to 3 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 Citco. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Citco for Associate in India?

McKinsey & Company	₹20.5 Lakhs to ₹80.6 Lakhs per year
Mercer	₹17.0 Lakhs to ₹40.0 Lakhs per year
Blackrock	₹8.1 Lakhs to ₹33.5 Lakhs per year
Bain & Company	₹13.0 Lakhs to ₹25.0 Lakhs per year
BCG	₹7.0 Lakhs to ₹29.0 Lakhs per year

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

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

The salary of a Associate at companies similar to Citco in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ZS	₹8.0 Lakhs to ₹14.9 Lakhs per year
PwC	₹5.8 Lakhs to ₹19.0 Lakhs per year
KPMG India	₹5.0 Lakhs to ₹20.0 Lakhs per year
Ernst & Young	₹4.8 Lakhs to ₹20.0 Lakhs per year
BNY	₹4.0 Lakhs to ₹16.1 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 Associate at Citco in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹9.5 Lakhs per year
2 years	₹2.1 Lakhs to ₹5.3 Lakhs per year
3 years	₹5.3 Lakhs to ₹5.3 Lakhs per year

and so on.

Tell us how to improve this page.

Citco Associate salary in Mumbai ranges between ₹4 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Citco latest salaries received from various employees of Citco.