FactSet Functional Consultant Salaries by 7 Employees

4 - 12 years exp.

₹5.6 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Functional Consultant Salary in Financial Services Companies for 4 - 12 years of experience

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Salaries in different departments

Consulting Functional Consultant Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.5 L/yr
Engineering - Software & QA Functional Consultant Salary 10 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
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Finance & Accounting Functional Consultant Salary 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr
IT & Information Security Functional Consultant Salary 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 30 Mar 2024

Companies similar to FactSet for Functional Consultant

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Functional Consultant Salary 2 - 4 years exp. (6 salaries)	₹3.2 L/yr - ₹5.2 L/yr 48% less
BNY Functional Consultant Salary 2 - 5 years exp. (5 salaries)	₹4 L/yr - ₹6.5 L/yr 29% less
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UBS Functional Consultant Salary 5 - 6 years exp. (5 salaries)	₹6.8 L/yr - ₹15.6 L/yr 42% more
JPMorgan Chase & Co. Functional Consultant Salary 0 - 10 years exp. (5 salaries)	₹5 L/yr - ₹14 L/yr 10% more
State Street Corporation Functional Consultant Salary 4 - 14 years exp. (3 salaries)	₹7.5 L/yr - ₹24 L/yr 98% more
Citicorp Functional Consultant Salary 5 - 9 years exp. (3 salaries)	₹10 L/yr - ₹15.4 L/yr 50% more
HSBC Group Functional Consultant Salary 4 - 15 years exp. (3 salaries)	₹9 L/yr - ₹20 L/yr 75% more

Functional Consultant salary at FactSet ranges between ₹5.6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of FactSet.

Experience wise FactSet Functional Consultant salaries

Last Updated: 30 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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6 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
10 years (3 salaries)	₹5.6 L/yr - ₹14.4 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr

View all

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Salary related reviews for FactSet

4.0

Rated by 2 employees for salary & benefits

Business Analyst in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 20 May 2022

1.0

for Salary and Benefits

Likes

Happy to share that FACTSET will provides below benifits to all the employees. Health insurance Food subsidy Transportation

Dislikes

Compensation is very poor in FACTSET across all the roles.It is not my opinion instead internal survey conducted by organisation through Glint.As you know that same role people are getting 5 times more in other companies. Work load also increased alot compare to last three to four years.It is ok to have workload but there would certain limits. All we know if company failed to do so additional burden to the employees.

Salary - Bad

+5 more

Team Lead in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Jan 2022

2.0

for Salary and Benefits

Likes

Work environment and collaboration at work is good

Job security - Excellent

+1 more

Dislikes

Poor career progression, No skill improvement Poor management Poor salary improvement. Company always looking for cost benefit and no employee additional benefits

Salary - Poor

+3 more

Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 21 Apr 2021

4.0

for Salary and Benefits

Likes

Job security is good. Pay is good with fair amount of increment. Good management with less hierarchical dependency. Company policies are also beneficial and supportive. Good place to work for a long period of time.

Salary - Good

+1 more

Dislikes

Team could work more systematically. Usefulness of employees can be increased.

Senior Research Analyst in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

3.0

• posted on 16 Feb 2025

2.0

for Salary and Benefits

Likes

Friendly Environment

Job security - Good

Dislikes

Salary No flexibility regarding work we need to show 8hrs production and they will hire for one process and along with they give multiple trainings for other process as well and it's difficult to manage and will not get the work satisfaction

Salary - Poor

+2 more

Vendor Management Executive in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

1.0

• posted on 03 Sep 2024

5.0

for Salary and Benefits

Likes

...hey directly removed me from job and I never saw this kind of company in life... lastly people who are joining factset for salary please don't go... no job security 0% trust worthy.. I would say reject directly..

Salary - Excellent

Dislikes

No security for job... which is 100% more important for everyone please don't resign job from your precious company if get offer from factset.

Skill development - Poor

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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FactSet Functional Consultant Salary FAQs

What is the salary of Functional Consultant at FactSet ?

The average salary of a Functional Consultant at FactSet in India typically ranges from ₹5.6 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Functional Consultant at FactSet earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Functional Consultant Salaries at FactSet 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 7 FactSet employees in India.

What is the estimated take home salary of a Functional Consultant at FactSet in India?

The estimated take-home salary of a Functional Consultant at FactSet in India typically ranges from ₹58,171 to ₹59,636 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 4 years to 12 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 7 salaries received from various employees of FactSet. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than FactSet for Functional Consultant in India?

State Street Corporation	₹7.5 Lakhs to ₹24.0 Lakhs per year
HSBC Group	₹9.0 Lakhs to ₹20.0 Lakhs per year
Citicorp	₹10.0 Lakhs to ₹15.4 Lakhs per year
UBS	₹6.8 Lakhs to ₹15.6 Lakhs per year
JPMorgan Chase & Co.	₹5.0 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Functional Consultant in companies similar to FactSet in India?

The salary of a Functional Consultant at companies similar to FactSet in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY	₹4.0 Lakhs to ₹6.5 Lakhs per year
Wells Fargo	₹3.2 Lakhs to ₹5.2 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 Functional Consultant at FactSet in India?

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

Experience	Average Salary Range
4 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
5 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
6 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
7 years	₹7.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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FactSet Functional Consultant Salaries

FactSet Functional Consultant salary in India ranges between ₹5.6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 FactSet latest salaries received from various employees of FactSet.