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Goldman Sachs Equity Research Analyst salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹15 Lakhs - ₹40 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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88% more than the average Equity Research Analyst Salary in Financial Services Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 29 Dec 2024

Companies similar to Goldman Sachs for Equity Research Analyst in Mumbai

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Goldman Sachs Equity Research Analyst Salary

1 - 3 years exp. (10 salaries)

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₹15 L/yr - ₹40 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹42 L/yr - ₹77 L/yr

arrow icon 148% more
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₹12 L/yr - ₹43 L/yr

arrow icon 6% more
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₹8 L/yr - ₹16 L/yr

arrow icon 58% less
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Morningstar Equity Research Analyst Salary

0 - 3 years exp. (46 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 79% less
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Crisil Equity Research Analyst Salary

0 - 4 years exp. (38 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 59% less
9 job openings
Equity Research Analyst salary at Goldman Sachs ranges between ₹15 Lakhs to ₹40 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 10 latest salaries received from various employees of Goldman Sachs.

Latest annual salaries shared by Goldman Sachs Equity Research Analyst in Mumbai

3mo ago
₹18 Lakhs
3 years exp.
7mo ago
₹20 Lakhs
2 years exp.
7mo ago
₹20 Lakhs
3 years exp.
10mo ago
₹24 Lakhs
3 years exp.
10mo ago
₹40 Lakhs
3 years exp.

Experience wise Goldman Sachs Equity Research Analyst salaries in Mumbai

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹22.6 L/yr - ₹28.9 L/yr
2 years (AmbitionBox Estimate)

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₹23.1 L/yr - ₹29.6 L/yr
3 years  (6 salaries)

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₹18 L/yr - ₹40 L/yr

Similar Designation salaries in Goldman Sachs

Analyst Salary
(56 salaries)
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₹13.42 L/yr - ₹16.63 L/yr
Senior Analyst Salary
(29 salaries)
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₹5.1 L/yr - ₹15.5 L/yr
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₹3.5 L/yr - ₹6 L/yr
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₹4.2 L/yr - ₹12.5 L/yr
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₹15 L/yr - ₹19 L/yr

Salary related reviews for Goldman Sachs

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

read more
  • 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.

read more
  • Job security - Poor
  • +4 more

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

read more
  • Salary - Poor
  • +1 more

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

read more
  • Skill development - Good

Dislikes

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

  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 17 Mar 2023

3.0
 for  Salary and Benefits

Likes

very good in cab facilities and food and new work learning in new tools and technology have lot in Goldman sachs

  • Skill development - Excellent
  • +4 more

Dislikes

... employee treat as low Don’t expect work life balance for contract employee And salary are low for contact employee 30% Change u will get permanent 70% better once’s contract close check another jobs Heavy work time in office Daily office No hybrid

read more
  • Work-life balance - Poor
see more salary related reviews

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Goldman Sachs Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at Goldman Sachs in Mumbai?
The average salary of a Equity Research Analyst at Goldman Sachs in Mumbai typically ranges from ₹15.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Equity Research Analyst in Mumbai at Goldman Sachs earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Equity Research 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 10 Goldman Sachs employees in India.
What is the estimated take home salary of a Equity Research Analyst at Goldman Sachs in Mumbai?
The estimated take-home salary of a Equity Research Analyst at Goldman Sachs in Mumbai typically ranges from ₹1,62,126 to ₹1,68,320 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 10 salaries received from various employees of Goldman Sachs. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Goldman Sachs for Equity Research Analyst in India?
Bank of America ₹42.0 Lakhs to ₹77.0 Lakhs per year
JPMorgan Chase & Co. ₹12.0 Lakhs to ₹43.0 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 Equity Research Analyst in companies similar to Goldman Sachs in Mumbai?
The salary of a Equity Research Analyst at companies similar to Goldman Sachs in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Transparent Value ₹8.0 Lakhs to ₹16.0 Lakhs per year
Crisil ₹5.0 Lakhs to ₹15.0 Lakhs per year
Morningstar ₹3.0 Lakhs to ₹6.5 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 Equity Research Analyst at Goldman Sachs in Mumbai?
The salary growth for a Equity Research Analyst at Goldman Sachs in Mumbai depends on factors such as experience, performance, and promotions. On average, a Equity Research Analyst in Mumbai can expect the following growth trajectory at Goldman Sachs:

Experience Average Salary Range
1 year ₹22.6 Lakhs to ₹28.9 Lakhs per year
2 years ₹23.1 Lakhs to ₹29.6 Lakhs per year
3 years ₹18.0 Lakhs to ₹40.0 Lakhs per year
and so on.

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Goldman Sachs Equity Research Analyst salary in Mumbai ranges between ₹15 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Goldman Sachs latest salaries received from various employees of Goldman Sachs.