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

3 - 9 years exp.

₹7 Lakhs - ₹13 Lakhs

Salary of majority employees

13% less than the average Senior Associate Salary in Management Consulting Companies for 3 - 9 years of experience

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Salaries in different departments

Finance & Accounting Senior Associate Salary 3 - 9 years exp. (10 salaries)	₹7 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Senior Associate Salary 5 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.2 L/yr

Last Updated: 12 Feb 2025

Companies similar to Citco for Senior Associate in Mumbai

Citco Senior Associate Salary

3 - 9 years exp. (11 salaries)

₹7 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
PwC Senior Associate Salary 0 - 12 years exp. (1.3k salaries)	₹8 L/yr - ₹31 L/yr 107% more	710 job openings
Willis Towers Watson Senior Associate Salary 3 - 12 years exp. (365 salaries)	₹3 L/yr - ₹9.5 L/yr 35% less
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Ernst & Young Senior Associate Salary 0 - 12 years exp. (340 salaries)	₹7.1 L/yr - ₹28 L/yr 85% more	38 job openings
BCG Senior Associate Salary 0 - 6 years exp. (105 salaries)	₹24 L/yr - ₹49 L/yr 340% more
KPMG India Senior Associate Salary 0 - 9 years exp. (93 salaries)	₹8 L/yr - ₹27 L/yr 91% more	1 job opening
Nexdigm Senior Associate Salary 1 - 6 years exp. (26 salaries)	₹2.7 L/yr - ₹6 L/yr 47% less	38 job openings
Deloitte Senior Associate Salary 1 - 9 years exp. (26 salaries)	₹6.3 L/yr - ₹26 L/yr 69% more
McKinsey & Company Senior Associate Salary 3 - 10 years exp. (12 salaries)	₹24 L/yr - ₹72 L/yr 488% more
RSM US in India Senior Associate Salary 2 - 7 years exp. (5 salaries)	₹12 L/yr - ₹19.5 L/yr 59% more	39 job openings
Guidehouse Senior Associate Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹6.3 L/yr 47% less	1 job opening

Senior Associate salary at Citco ranges between ₹7 Lakhs to ₹13 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of Citco.

Experience wise Citco Senior Associate salaries in Mumbai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
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5 years (4 salaries)	₹7 L/yr - ₹13 L/yr
6 years (3 salaries)	₹7.5 L/yr - ₹11.9 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹10 L/yr

View all

From

Senior Associate

₹

Lakhs/yr

3 - 9 years exp.

Vice President

₹

Lakhs/yr

14 - 20 years exp.

Senior Associate

3 - 9 years exp.

Supervisor

2 - 15 years exp.

67% hike

Assistant Vice President

8 - 17 years exp.

65% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Citco

Team Lead Salary

(7 salaries)

₹9 L/yr - ₹18 L/yr

Salary related reviews for Citco

2.2

Rated by 2 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

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Salary Discussions, Hike & Promotions

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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Citco Senior Associate Salary FAQs

What is the salary of Senior Associate at Citco in Mumbai?

The average salary of a Senior Associate at Citco in Mumbai typically ranges from ₹7.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Senior Associate in Mumbai at Citco earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Senior 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 10+ Citco employees in India.

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

The estimated take-home salary of a Senior Associate at Citco in Mumbai typically ranges from ₹65,858 to ₹67,540 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 Citco. Check how we calculate in-hand salary with our in-hand salary calculator.

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

McKinsey & Company	₹24.0 Lakhs to ₹72.0 Lakhs per year
BCG	₹24.0 Lakhs to ₹49.0 Lakhs per year
PwC	₹8.0 Lakhs to ₹31.0 Lakhs per year
KPMG India	₹8.0 Lakhs to ₹27.0 Lakhs per year
Ernst & Young	₹7.1 Lakhs to ₹28.0 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 Senior Associate in companies similar to Citco in Mumbai?

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

Deloitte	₹6.3 Lakhs to ₹26.0 Lakhs per year
RSM US in India	₹12.0 Lakhs to ₹19.5 Lakhs per year
Willis Towers Watson	₹3.0 Lakhs to ₹9.5 Lakhs per year
Nexdigm	₹2.7 Lakhs to ₹6.0 Lakhs per year
Guidehouse	₹3.0 Lakhs to ₹6.3 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 Senior Associate at Citco in Mumbai?

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

Experience	Average Salary Range
3 years	₹8.0 Lakhs to ₹16.0 Lakhs per year
4 years	₹8.0 Lakhs to ₹10.3 Lakhs per year
5 years	₹7.0 Lakhs to ₹13.0 Lakhs per year
6 years	₹7.5 Lakhs to ₹11.9 Lakhs per year

and so on.

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Citco Senior Associate Salaries in Mumbai

Citco Senior Associate salary in Mumbai ranges between ₹7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Citco latest salaries received from various employees of Citco.