Edelweiss Mumbai Associate Manager Salaries by 8 Employees

1 - 10 years exp.

₹5 Lakhs - ₹12 Lakhs

Salary of majority employees

48% less than the average Associate Manager Salary in Financial Services Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting Associate Manager Salary 3 - 10 years exp. (3 salaries)	₹6.3 L/yr - ₹9.1 L/yr
BFSI, Investments & Trading Associate Manager Salary 1 year exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.8 L/yr
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Engineering - Software & QA Associate Manager Salary 9 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹10.5 L/yr

Last Updated: 2 Jun 2024

Companies similar to Edelweiss for Associate Manager in Mumbai

Edelweiss Associate Manager Salary

1 - 10 years exp. (8 salaries)

₹5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Associate Manager Salary 1 - 5 years exp. (14 salaries)	₹3 L/yr - ₹3.7 L/yr 63% less
HDFC Bank Associate Manager Salary 1 - 11 years exp. (10 salaries)	₹3.2 L/yr - ₹6 L/yr 51% less
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ICICI Bank Associate Manager Salary 0 - 6 years exp. (8 salaries)	₹2.2 L/yr - ₹4 L/yr 59% less
L&T Finance Associate Manager Salary 1 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹6.6 L/yr 38% less
JPMorgan Chase & Co. Associate Manager Salary 6 - 16 years exp. (302 salaries)	₹9.1 L/yr - ₹25.3 L/yr 93% more
JM Financial Associate Manager Salary 2 - 13 years exp. (7 salaries)	₹5.5 L/yr - ₹9 L/yr 24% less
MSCI Associate Manager Salary 7 - 11 years exp. (5 salaries)	₹9.5 L/yr - ₹21 L/yr 57% more
Motilal Oswal Financial Services Associate Manager Salary 0 - 14 years exp. (4 salaries)	₹3.9 L/yr - ₹12.5 L/yr 16% less

Associate Manager salary at Edelweiss ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Associate Manager salaries in Mumbai

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹15.1 L/yr
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
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3 years (3 salaries)	₹8 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹15.9 L/yr

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Salary related reviews for Edelweiss

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 28 Jul 2023

3.0

for Salary and Benefits

Likes

Its really good working here. Work life balance you can manage effortlessly Appreciated for your hard work

Skill development - Good

+4 more

Dislikes

Definitely some points are in improvement can provide better payments/salary Not having office amenities like refreshment, not have best food

Senior Associate in Mumbai

Retail Department

3.0

• posted on 16 Apr 2019

3.0

for Salary and Benefits

Likes

Good work life balance. Very employee centric and open door policy. Good bonus

Company culture - Excellent

+1 more

Dislikes

Fixed pay is less as they compensate by giving bonuses. Lot of restructuring. Job insecurity due to closure of many business verticals currently

Skill development - Poor

+2 more

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Credit Associate in Indore

Full Time

Finance & Accounting Department

3.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Good work life balance

Company culture - Good

+1 more

Dislikes

...r further growth , than it is ok , if not than this is not the company for you Also they match the package of those without generating package from the other company , whose vertical is standing at nil business .( Total politics )

Salary - Bad

+3 more

Associate in Nellore

Full Time

Other Department

5.0

• posted on 08 May 2023

3.0

for Salary and Benefits

Likes

Yes I feel very happy to work here

Skill development - Good

+5 more

Dislikes

... is importance for seniors Seniors means people who have faith in the company It will be good if the salary is increased for the working people and they trust the company and work for the company

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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

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Edelweiss Associate Manager Salary FAQs

What is the salary of Associate Manager at Edelweiss in Mumbai?

The average salary of a Associate Manager at Edelweiss in Mumbai typically ranges from ₹5.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Associate Manager in Mumbai at Edelweiss earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Associate Manager Salaries at Edelweiss 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 8 Edelweiss employees in India.

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

The estimated take-home salary of a Associate Manager at Edelweiss in Mumbai typically ranges from ₹63,983 to ₹65,613 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 8 salaries received from various employees of Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss for Associate Manager in India?

JPMorgan Chase & Co.	₹9.1 Lakhs to ₹25.3 Lakhs per year
MSCI	₹9.5 Lakhs to ₹21.0 Lakhs per year

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

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

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

Motilal Oswal Financial Services	₹3.9 Lakhs to ₹12.5 Lakhs per year
JM Financial	₹5.5 Lakhs to ₹9.0 Lakhs per year
L&T Finance	₹3.2 Lakhs to ₹6.6 Lakhs per year
HDFC Bank	₹3.2 Lakhs to ₹6.0 Lakhs per year
ICICI Bank	₹2.2 Lakhs to ₹4.0 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 Associate Manager at Edelweiss in Mumbai?

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

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹15.1 Lakhs per year
2 years	₹6.0 Lakhs to ₹12.0 Lakhs per year
3 years	₹8.0 Lakhs to ₹12.0 Lakhs per year
4 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Edelweiss Associate Manager Salaries in Mumbai

Edelweiss Associate Manager salary in Mumbai ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Edelweiss latest salaries received from various employees of Edelweiss.