Elara Capital Associate Salaries by 10+ Employees (Updated 2024)

2 - 6 years exp.

₹9 Lakhs - ₹18 Lakhs

Salary of majority employees

83% more than the average Associate Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

Legal & Regulatory Associate Salary 2 - 4 years exp. (3 salaries)	₹10 L/yr - ₹13.9 L/yr
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BFSI, Investments & Trading Associate Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹15 L/yr

Last Updated: 11 Nov 2024

Companies similar to Elara Capital for Associate

Company name	Avg Annual Salary	Open Jobs
Edelweiss Associate Salary 0 - 8 years exp. (323 salaries)	₹2.1 L/yr - ₹11.1 L/yr 54% less	1 job opening
Motilal Oswal Financial Services Associate Salary 0 - 3 years exp. (7 salaries)	₹2.6 L/yr - ₹4.8 L/yr 70% less
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IIFL Finance Associate Salary 0 - 4 years exp. (17 salaries)	₹3 L/yr - ₹8.4 L/yr 73% less
JM Financial Associate Salary 0 - 11 years exp. (190 salaries)	₹3 L/yr - ₹11.7 L/yr 46% less
HDFC Securities Associate Salary 0 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹4 L/yr 79% less
Kotak Securities Associate Salary 0 - 3 years exp. (11 salaries)	₹1.4 L/yr - ₹3.5 L/yr 80% less
ICICI Securities Associate Salary 0 - 15 years exp. (32 salaries)	₹3.8 L/yr - ₹10.3 L/yr 33% less
Axis Direct Associate Salary 1 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 85% less
Angel One Associate Salary 1 - 4 years exp. (19 salaries)	₹2 L/yr - ₹4.4 L/yr 77% less
Link Group Associate Salary 0 - 7 years exp. (165 salaries)	₹2 L/yr - ₹5.1 L/yr 72% less	1 job opening
Sumitomo Mitsui Banking Corporation Associate Salary 0 - 11 years exp. (11 salaries)	₹7 L/yr - ₹14 L/yr 31% less
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Karvy Financial Services Associate Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹2.8 L/yr 83% less
Aaa Capital Services Associate Salary 3 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹25.5 L/yr 9% more
Duff & Phelps Associate Salary 3 - 5 years exp. (5 salaries)	₹12 L/yr - ₹17 L/yr 8% more
Invesco Asset Management Associate Salary 2 - 4 years exp. (5 salaries)	₹5.2 L/yr - ₹7.5 L/yr 54% less
Transaction Solution International India Associate Salary 3 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹3.5 L/yr 84% less
NASDAQ Associate Salary 5 - 8 years exp. (3 salaries)	₹23 L/yr - ₹36 L/yr 130% more

Associate salary at Elara Capital ranges between ₹9 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 13 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Associate salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹24.3 L/yr
3 years (4 salaries)	₹12 L/yr - ₹17 L/yr
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4 years (3 salaries)	₹13 L/yr - ₹18 L/yr
5 years (3 salaries)	₹13 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15 L/yr

Similar Designation salaries in Elara Capital

Senior Associate Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹23.5 L/yr - ₹30 L/yr

Top skills at Elara Capital for Associate

CA Due Diligence Financial Research Equity Analysis CFA

Salary related reviews for Elara Capital

3.0

Rated by 1 employees for salary & benefits

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Elara Capital Associate Salary FAQs

What is the salary of Associate at Elara Capital?

Associate salary at Elara Capital in India ranges between ₹9.0 Lakhs to ₹18.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 83% more than the average Associate Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Elara Capital India.

How does the salary of a Associate at Elara Capital India compare with the average salary range for this job?

The average salary of a Associate at Elara Capital is 83% more than the average salary of a Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at Elara Capital?

CA, Due Diligence, Financial Research, Equity Analysis and CFA are some of the popular skills required to work as a Associate at Elara Capital India.

Which similar companies are paying more than Elara Capital to a Associate in India?

NASDAQ Associate Salary - ₹23.0 Lakhs to ₹36.0 Lakhs per year
Aaa Capital Services Associate Salary - ₹4.5 Lakhs to ₹25.5 Lakhs per year
Duff & Phelps Associate Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Associate in companies similar to Elara Capital in India?

Sumitomo Mitsui Banking Corporation Associate Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
ICICI Securities Associate Salary - ₹3.8 Lakhs to ₹10.3 Lakhs per year
JM Financial Associate Salary - ₹3.0 Lakhs to ₹11.7 Lakhs per year
Invesco Asset Management Associate Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
Edelweiss Associate Salary - ₹2.1 Lakhs to ₹11.1 Lakhs per year

What is the estimated take home salary of a Associate at Elara Capital in India?

The estimated take-home salary of a Associate at Elara Capital ranges between ₹96,489 per month to ₹99,097 per month in India. The take-home salary calculation is based on the average Elara Capital Associate salary in India which ranges between ₹9.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate at Elara Capital?

According to AmbitionBox, 80% of the Elara Capital Associates reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Elara Capital Associate Salaries

Elara Capital Associate salary in India ranges between ₹9 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Elara Capital latest salaries received from various employees of Elara Capital.