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

0 - 4 years exp.

₹8 Lakhs - ₹15 Lakhs

Salary of majority employees

45% 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: 22 Mar 2025

Companies similar to Crisil for Quantitative Analyst

Company name	Avg Annual Salary	Open Jobs
UBS Quantitative Analyst Salary 0 - 4 years exp. (53 salaries)	₹10 L/yr - ₹29 L/yr 80% more
Morningstar Quantitative Analyst Salary 1 - 5 years exp. (47 salaries)	₹9.3 L/yr - ₹27 L/yr 77% more	2 job openings
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JPMorgan Chase & Co. Quantitative Analyst Salary 1 - 5 years exp. (43 salaries)	₹10.5 L/yr - ₹42 L/yr 140% more
Dolat Capital Market Quantitative Analyst Salary 0 - 4 years exp. (41 salaries)	₹8.6 L/yr - ₹30.4 L/yr 62% more
Wells Fargo Quantitative Analyst Salary 1 - 4 years exp. (24 salaries)	₹8.6 L/yr - ₹35 L/yr 95% 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: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹4.2 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.

63% 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

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(19 salaries)

₹1.5 L/yr - ₹10 L/yr

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MIS Analyst Salary

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₹6 L/yr - ₹7 L/yr

Analyst Salary

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₹3.82 L/yr - ₹15.04 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

(3 salaries)

₹10 L/yr - ₹16.77 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 ?

The average salary of a Quantitative Analyst at Crisil in India typically ranges from ₹8.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Quantitative Analyst at Crisil earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Quantitative Analyst Salaries at Crisil 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 40+ Crisil employees in India.

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 in India typically ranges from ₹75,554 to ₹77,511 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 40+ salaries received from various employees of Crisil. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Quantitative Analyst at Crisil ?

To be a Quantitative Analyst at Crisil in india, the key skills required include:

- Ccar
- Python
- SAS
- SQL
- Machine Learning

These skills are highly valued at Crisil and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Crisil for Quantitative Analyst in India?

JPMorgan Chase & Co.	₹10.5 Lakhs to ₹42.0 Lakhs per year
Wells Fargo	₹8.6 Lakhs to ₹35.0 Lakhs per year
UBS	₹10.0 Lakhs to ₹29.0 Lakhs per year
Morningstar	₹9.3 Lakhs to ₹27.0 Lakhs per year
Dolat Capital Market	₹8.6 Lakhs to ₹30.4 Lakhs per year

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

How the salary growth look like for a Quantitative Analyst at Crisil in India?

The salary growth for a Quantitative Analyst at Crisil depends on factors such as experience, performance, and promotions. On average, a Quantitative Analyst can expect the following growth trajectory at Crisil:

Experience	Average Salary Range
Fresher	₹4.2 Lakhs to ₹11.5 Lakhs per year
1 year	₹8.0 Lakhs to ₹15.0 Lakhs per year
2 years	₹9.0 Lakhs to ₹14.4 Lakhs per year
3 years	₹8.0 Lakhs to ₹13.0 Lakhs per year

and so on.

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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.