Goldman Sachs Mumbai Analyst Salaries by 50+ Employees (Updated 2025)

0 - 5 years exp.

₹13.3 Lakhs - ₹16.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

100% more than the average Analyst Salary in Financial Services Companies for 0 - 5 years of experience

Interested in this particular role? 26 job openings

Salaries in different departments

Finance & Accounting Analyst Salary 0 - 3 years exp. (12 salaries)	₹4.3 L/yr - ₹12.1 L/yr
BFSI, Investments & Trading Analyst Salary 0 - 3 years exp. (9 salaries)	₹8.3 L/yr - ₹13.8 L/yr
Login to view exact salary
Engineering - Software & QA Analyst Salary 2 - 3 years exp. (3 salaries)	₹19 L/yr - ₹33 L/yr
Data Science & Analytics Analyst Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹13.9 L/yr

Last Updated: 31 Mar 2025

Companies similar to Goldman Sachs for Analyst in Mumbai

Goldman Sachs Analyst Salary

0 - 5 years exp. (56 salaries)

₹13.3 L/yr - ₹16.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Willis Towers Watson Analyst Salary 2 - 12 years exp. (410 salaries)	₹3.9 L/yr - ₹15 L/yr 43% less
Blackrock Analyst Salary 0 - 8 years exp. (394 salaries)	₹4 L/yr - ₹15 L/yr 37% less
Login to view exact salary
Deutsche Bank Analyst Salary 0 - 10 years exp. (335 salaries)	₹5 L/yr - ₹15 L/yr 35% less	22 job openings
Bank of America Analyst Salary 1 - 11 years exp. (180 salaries)	₹8.3 L/yr - ₹27 L/yr 18% more
WNS Analyst Salary 1 - 10 years exp. (117 salaries)	₹3 L/yr - ₹10.8 L/yr 59% less	2 job openings
Standard Chartered Analyst Salary 1 - 6 years exp. (28 salaries)	₹2 L/yr - ₹7.1 L/yr 65% less
IQVIA Analyst Salary 0 - 4 years exp. (28 salaries)	₹6 L/yr - ₹14 L/yr 34% less
SS&C TECHNOLOGIES Analyst Salary 0 - 6 years exp. (25 salaries)	₹2.5 L/yr - ₹9.3 L/yr 70% less
Gallagher Analyst Salary 2 - 7 years exp. (11 salaries)	₹2.6 L/yr - ₹9.6 L/yr 65% less	1 job opening
MasterCard Analyst Salary 0 - 7 years exp. (7 salaries)	₹9 L/yr - ₹26 L/yr 5% more
Atos Analyst Salary 2 - 5 years exp. (5 salaries)	₹3 L/yr - ₹4.2 L/yr 73% less	2 job openings
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Bain & Company Analyst Salary 0 - 1 year exp. (3 salaries)	₹10 L/yr - ₹14 L/yr 20% less
Mercer Analyst Salary 1 - 2 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 46% less
S&P Global Analyst Salary 2 - 5 years exp. (3 salaries)	₹5 L/yr - ₹7.2 L/yr 57% less	1 job opening

Analyst salary at Goldman Sachs ranges between ₹13.3 Lakhs to ₹16.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 56 latest salaries received from various employees of Goldman Sachs.

Latest annual salaries shared by Goldman Sachs Analyst in Mumbai

3d ago

₹11.1 Lakhs

2 years exp.

3d ago

₹11.1 Lakhs

2 years exp.

3d ago

₹11.1 Lakhs

2 years exp.

1w ago

₹3.6 Lakhs

1 year exp.

1w ago

₹6.4 Lakhs

1 year exp.

3w ago

1 year exp.

1mo ago

3 years exp.

1mo ago

5 months exp.

1mo ago

5 years exp.

2mo ago

1 year exp.

Experience wise Goldman Sachs Analyst salaries in Mumbai

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
Fresher (13 salaries)	₹5.3 L/yr - ₹24 L/yr
1 year (12 salaries)	₹5.6 L/yr - ₹23 L/yr
Login to view exact salary
2 years (16 salaries)	₹10.5 L/yr - ₹25.3 L/yr
3 years (12 salaries)	₹6.2 L/yr - ₹27.8 L/yr
4 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
5 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr

View all

From

Analyst

₹

Lakhs/yr

0 - 5 years exp.

Vice President

₹

Lakhs/yr

4 - 18 years exp.

Analyst 0 - 5 years exp.

Associate 1 - 9 years exp.

78% hike

Vice President 4 - 18 years exp.

80% 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 Goldman Sachs

Senior Analyst Salary

(27 salaries)

₹5.1 L/yr - ₹17.67 L/yr

Financial Analyst Salary

(8 salaries)

₹3.5 L/yr - ₹6 L/yr

Senior Associate Salary

(6 salaries)

₹12.2 L/yr - ₹25.5 L/yr

Associate Analyst Salary

(4 salaries)

₹15 L/yr - ₹19 L/yr

Top skills at Goldman Sachs for Analyst

Investment Banking Investment Management Risk Management Software Asset Management HTML Wealth Management Financial Services CCTV Monitoring Reconciliation SQL Analytical Chemistry Portfolio Management Training and Development OTC Fixed Income

Salary related reviews for Goldman Sachs

2.0

Rated by 2 employees for salary & benefits

Analyst in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 31 Mar 2024

2.0

for Salary and Benefits

Likes

Flexible hours 3 times food(Paid) Cab service(Paid)

Dislikes

Some internal language will be disadvantage if you go outside GS Few technologies are very legacy Micromanagement Salary is low as compare to competitors Partiality if you're not from tier 1 college Not much benefit

Salary - Poor

+1 more

Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 11 Jan 2023

2.0

for Salary and Benefits

Likes

Not much, the office campus is good, but gets too crowded. People are talented, smart and willing to share knowledge.

Dislikes

The office cublicle spacing allows no privacy or personal space. Employees are expected to toll 12+ hours everyday, sometimes even on weekends for no extra pay. Work-life balance is non-existent. The office politics is just mind-numbing, where no importance is given to talent, merit, skills or work-ethics. What matters for appraisals and promotion is just how much of a bootlicker. Company culture makes GS a toxic place. Beware of the false marketing.

Salary - Poor

+5 more

Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 25 Jun 2023

1.0

for Salary and Benefits

Likes

Except for a small handful of people who were suffering equally, practically nothing.

Dislikes

Almost everything. Destroyed both my mental AND physical health. Didn't even get the GS typical high salary because so much depends on politics and buttering up to seniors that I came under the bottom wrungs although I worked well. Was way too stressed daily feeling like just another eaisoy replaceable cog in the machine. Not at all people-feiendly, nobody cares for you, managers don't root for you. Some managers in fact actively suppress you and tell you not to highlight ypur academic achievements because others in the team including the manager are from substandard universities and it was giving them an inferiority complex, making them actively isolate you. Some roles even require unpaid work on weekends quite regularly.

Salary - Bad

+6 more

Senior Associate in Hyderabad / Secunderabad

Full Time

Risk Management & Compliance Department

2.0

• posted on 14 Feb 2025

5.0

for Salary and Benefits

Likes

...S makes you feel like you’re staying 5 star hotel very supportive staff members. Gym reimbursement Bonus Insurance etc

Salary - Excellent

+1 more

Dislikes

Toxic work culture Promotion is based on favouritism of Team manager. Floor is divided in two parts Bangalore and Hyderabad. Bangalore people who are staying in Hyderabad yet hate Telangana people. Lot of micro management.

Job security - Poor

+4 more

Senior Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Oct 2023

2.0

for Salary and Benefits

Likes

...tely not good. It's a myth that Goldman pays bomb. Not at all employee friendly. Overall Goldman performance is poor which is effecting our bonus hike from last 2yrs.pathetic eill never refer any of my friend to join Goldman

Skill development - Good

Dislikes

Manager, work life balance, overtime money is very less, hike less, politics.

Salary - Poor

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Goldman Sachs

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a software engineer

1w (edited)

Looking for Support in Getting Referral and My Resume Shortlisted

Hello everyone, For the past two months, I’ve been actively applying for SDE and Data Engineer roles at companies like Goldman Sachs, JPMorgan, American Express, MasterCard, Morgan Stanley, BNY Mellon, CITCO, and several others. Despite regularly updating my resume, practicing on LeetCode, and staying consistent with my efforts, I haven’t received any callbacks from recruiters. If any of you could assist me with a referral to the companies mentioned above, it would be incredibly helpful. I am confident in my ability to excel in the interview process, but I would greatly appreciate your support in getting my resume shortlisted. I am open to all roles involving technology, particularly those related to Python, Java, and their respective frameworks.

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Goldman Sachs Analyst Salary FAQs

What is the salary of Analyst at Goldman Sachs in Mumbai?

The average salary of a Analyst at Goldman Sachs in Mumbai typically ranges from ₹13.3 Lakhs to ₹16.8 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Analyst in Mumbai at Goldman Sachs earn more than ₹32.8 Lakhs per year, and the top 1% earn over ₹50.1 Lakhs per year. Analyst Salaries at Goldman Sachs 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 50+ Goldman Sachs employees in India.

What is the estimated take home salary of a Analyst at Goldman Sachs in Mumbai?

The estimated take-home salary of a Analyst at Goldman Sachs in Mumbai typically ranges from ₹1,03,946 to ₹1,06,795 per month. This is based on the average salary range of ₹13.3 Lakhs to ₹16.8 Lakhs per year for employees with experience ranging from Fresher to 5 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 50+ salaries received from various employees of Goldman Sachs. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Analyst at Goldman Sachs in Mumbai?

To be a Analyst at Goldman Sachs in Mumbai, the key skills required include:

- Investment Banking
- Investment Management
- Risk Management
- Software Asset Management
- HTML

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

Which companies offer higher salaries than Goldman Sachs for Analyst in India?

Bank of America	₹8.3 Lakhs to ₹27.0 Lakhs per year
MasterCard	₹9.0 Lakhs to ₹26.0 Lakhs per year

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

What is the salary of a Analyst in companies similar to Goldman Sachs in Mumbai?

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

Bain & Company	₹10.0 Lakhs to ₹14.0 Lakhs per year
IQVIA	₹6.0 Lakhs to ₹14.0 Lakhs per year
Deutsche Bank	₹5.0 Lakhs to ₹15.0 Lakhs per year
Blackrock	₹4.0 Lakhs to ₹15.0 Lakhs per year
Willis Towers Watson	₹3.9 Lakhs to ₹15.0 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 Analyst at Goldman Sachs in Mumbai?

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

Experience	Average Salary Range
Fresher	₹5.3 Lakhs to ₹24.0 Lakhs per year
1 year	₹5.6 Lakhs to ₹23.0 Lakhs per year
2 years	₹10.5 Lakhs to ₹25.3 Lakhs per year
3 years	₹6.2 Lakhs to ₹27.8 Lakhs per year

and so on.

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Goldman Sachs Analyst Salaries in Mumbai

Goldman Sachs Analyst salary in Mumbai ranges between ₹13.3 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 56 Goldman Sachs latest salaries received from various employees of Goldman Sachs.