Crisil Quantitative Analyst Salaries by 40+ Employees (Updated 2025)

0 - 4 years exp.

₹8 Lakhs - ₹15 Lakhs

Salary of majority employees

43% less than the average Quantitative Analyst Salary in Analytics & KPO Companies for 0 - 4 years of experience

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Salaries in different departments

Data Science & Analytics Quantitative Analyst Salary 1 - 4 years exp. (10 salaries)	₹8 L/yr - ₹13 L/yr
Risk Management & Compliance Quantitative Analyst Salary 1 - 4 years exp. (9 salaries)	₹8.5 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Quantitative Analyst Salary 1 - 3 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr
Engineering - Software & QA Quantitative Analyst Salary 1 - 3 years exp. (4 salaries)	₹8 L/yr - ₹10.3 L/yr
Finance & Accounting Quantitative Analyst Salary 1 - 4 years exp. (3 salaries)	₹8.5 L/yr - ₹11.5 L/yr

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Last Updated: 18 Feb 2025

Companies similar to Crisil for Quantitative Analyst

Company name	Avg Annual Salary	Open Jobs
Nomura Holdings Quantitative Analyst Salary 2 - 7 years exp. (6 salaries)	₹9 L/yr - ₹51.6 L/yr 155% more
Goldman Sachs Quantitative Analyst Salary 0 - 5 years exp. (16 salaries)	₹15.6 L/yr - ₹52 L/yr 198% more
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Morgan Stanley Quantitative Analyst Salary 0 - 5 years exp. (6 salaries)	₹15.9 L/yr - ₹52 L/yr 188% more
HSBC Group Quantitative Analyst Salary 1 - 4 years exp. (4 salaries)	₹22.3 L/yr - ₹34 L/yr 143% more
Barclays Quantitative Analyst Salary 0 - 5 years exp. (8 salaries)	₹17 L/yr - ₹32 L/yr 130% more
Deutsche Bank Quantitative Analyst Salary 4 - 6 years exp. (3 salaries)	₹15.1 L/yr - ₹34 L/yr 143% more

Quantitative Analyst salary at Crisil ranges between ₹8 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 43 latest salaries received from various employees of Crisil.

Experience wise Crisil Quantitative Analyst salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹4.1 L/yr - ₹11.5 L/yr
1 year (16 salaries)	₹8 L/yr - ₹15 L/yr
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2 years (10 salaries)	₹9 L/yr - ₹14.4 L/yr
3 years (9 salaries)	₹8 L/yr - ₹13 L/yr
4 years (4 salaries)	₹9 L/yr - ₹13 L/yr

From

Quantitative Analyst

₹

Lakhs/yr

0 - 4 years exp.

Analyst Lead

₹

Lakhs/yr

6 - 7 years exp.

Quantitative Analyst 0 - 4 years exp.

Senior Quantitative Analyst 2 - 6 years exp.

65% hike

Analyst Lead 6 - 7 years exp.

48% 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 Crisil

Associate Analyst Salary

(15 salaries)

₹2.05 L/yr - ₹9.5 L/yr

Data Analyst Salary

(57 salaries)

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Business Analyst Salary

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₹5.7 L/yr - ₹22.3 L/yr

Senior Analyst Salary

(255 salaries)

₹6 L/yr - ₹25 L/yr

Senior Data Analyst Salary

(6 salaries)

₹6 L/yr - ₹13.5 L/yr

MIS Analyst Salary

(3 salaries)

₹6 L/yr - ₹7 L/yr

Analyst Salary

(518 salaries)

₹3.84 L/yr - ₹14 L/yr

Data Scientist Salary

(23 salaries)

₹6 L/yr - ₹16 L/yr

Associate Consultant Salary

(18 salaries)

₹5.7 L/yr - ₹14 L/yr

Data Engineer Salary

(7 salaries)

₹7.5 L/yr - ₹27 L/yr

Top skills at Crisil for Quantitative Analyst

Ccar Python SAS SQL Machine Learning Analytics Python Credit Risk Basel Finance SAS Bloomberg Market Risk Model Validation Advanced Excel

Salary related reviews for Crisil

3.9

Rated by 4 employees for salary & benefits

Business Analyst in Mumbai

Full Time

Data Science & Analytics Department

1.0

• posted on 17 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...Salary/benefits are average. You won't get appraisal as well as per your desire. Most importantly, they keep you on third party pay role which is annoying.

Salary - Poor

+5 more

Analyst in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 21 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

+1 more

Dislikes

Biasness in everything whether its pay, promotions, or rewards. I joined Crisil in 2021 and even after having an MBA I joined here, and they provided me with lowest designation (JRA) ~ THE HR took the advantage of covid. Even though the people who graduated with me had RA/MT designation (9-10A). Now, three years after that they still paying me less than what a fresher earns. I was still at 9A level, and the pay was much less around. Plus, if there is any opening in the team where you think to move, they will offer that role to their favorite colleagues. Some people here who are sitting here in CRISIL think they have a Sarkari Naukri. The so-called great place to work is just very depressing. No at all worth it. What are they offering 3.5 LPA to freshers are you seriously in 2024? and then you say we also started with the same pay? You started in 2012 that was a freaking 12 years ago now its 2024. Its so bad that a company publishing all financial data is itself not paying its employees as per market standards.

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 23 Jan 2023

1.0

for Salary and Benefits

Likes

Has a mix of mnc and start up cultures

Job security - Good

Dislikes

...ey will give so much work that every day atleast 1-2 hours should be extended They constantly put the work burden on the ones who work sincerely leaving them completely drained for very less salaries and for very less career development time.

Salary - Bad

+5 more

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 29 Nov 2022

2.0

for Salary and Benefits

Likes

OverAll Work experience was great i got to learn new things for first year. Managers and other Team Members are very helpful Job Security

Job security - Excellent

+2 more

Dislikes

After Few Years Nothing new to learn, it is same repetitive Tasks Salary is less than Market standards even after Appraaisal and promotion is also less If you do trading you have to take approval from compliance team before Trading in Shares and IPO etc

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Jul 2023

5.0

for Salary and Benefits

Likes

1. Pay & package 2. Good infrastructure 3.Fixed seat allocation 4.Proper transport facility 5.Free evening snacks for every employee 6.Best management people, operation manager were very cooperative and always ready to listen from their subordinates 7.Always appreciate for new ideas and initiatives

Salary - Excellent

+6 more

Dislikes

I was unfortunate to continue with this company.Now trying get back there but failed.

see more salary related reviews

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What people are saying about Crisil

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a research analyst

Golden Path (Private Credit)

I’m a CFA charter holder with about 4.5 years of experience mostly in credit analysis & valuations, currently working in private credit valuations (for a KPO, client is a massive PC fund). Recently got promoted to Senior level (der aye durust aye) I’m trying to find the golden path now. Following is my current plan: 1. Highlight due diligence and underwriting experience and transition to a deal team (either a global fund like Ares/Apollo or an Indian fund (even try my shot at venture debt) 2. Pursue an MBA from a decent uni (i have a 90 percentile score in GMAT). Targeting ISB, INSEAD, ESADE, IE, HEC Paris, a few Unis in US located in Boston/Chicago /NY. Post which I can perhaps continue in a tier 1 private credit fund like KKR, Carlyle, Blackstone? Considering my age and trajectory I only have this Sept Round 1 to pick out an MBA and go in Fall’26 Does this path seem golden given my profile? Can I improve it? Is MBA worth it? 😂

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Crisil Quantitative Analyst Salary FAQs

What is the salary of Quantitative Analyst at Crisil?

Quantitative Analyst salary at Crisil in India ranges between ₹8.0 Lakhs to ₹15.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 43% less than the average Quantitative Analyst Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Crisil India.

How does the salary of a Quantitative Analyst at Crisil India compare with the average salary range for this job?

The average salary of a Quantitative Analyst at Crisil is 43% less than the average salary of a Quantitative Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Quantitative Analyst at Crisil?

Ccar, Python, SAS, SQL and Machine Learning are some of the popular skills required to work as a Quantitative Analyst at Crisil India.

Which similar companies are paying more than Crisil to a Quantitative Analyst in India?

Goldman Sachs Quantitative Analyst Salary - ₹15.6 Lakhs to ₹52.0 Lakhs per year
Morgan Stanley Quantitative Analyst Salary - ₹15.9 Lakhs to ₹52.0 Lakhs per year
Nomura Holdings Quantitative Analyst Salary - ₹9.0 Lakhs to ₹51.6 Lakhs per year
Deutsche Bank Quantitative Analyst Salary - ₹15.1 Lakhs to ₹34.0 Lakhs per year
HSBC Group Quantitative Analyst Salary - ₹22.3 Lakhs to ₹34.0 Lakhs per year

What is the salary of a Quantitative Analyst in companies similar to Crisil in India?

Barclays Quantitative Analyst Salary - ₹17.0 Lakhs to ₹32.0 Lakhs per year

What is the estimated take home salary of a Quantitative Analyst at Crisil in India?

The estimated take-home salary of a Quantitative Analyst at Crisil ranges between ₹74,763 per month to ₹76,697 per month in India. The take-home salary calculation is based on the average Crisil Quantitative Analyst salary in India which ranges between ₹8.0 Lakhs to ₹15.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Quantitative Analyst at Crisil?

According to AmbitionBox, 50% of the Crisil Quantitative Analysts reported a notice period of 3 Months, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Crisil Quantitative Analyst Salaries

Crisil Quantitative Analyst salary in India ranges between ₹8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 Crisil latest salaries received from various employees of Crisil.