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Goldman Sachs Senior Associate salaries in India (Updated 2025)

Annual salary range
4 - 9 years exp.
₹7.8 Lakhs - ₹28.7 Lakhs
Salary of majority employees
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91% more than the average Senior Associate Salary in Financial Services Companies for 4 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Senior Associate Salary
4 - 9 years exp. (78 salaries)
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₹7.8 L/yr - ₹30 L/yr

BFSI, Investments & Trading
Senior Associate Salary
4 - 9 years exp. (56 salaries)
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₹10.9 L/yr - ₹29 L/yr

Customer Success, Service & Operations
Senior Associate Salary
5 - 9 years exp. (21 salaries)
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₹9.5 L/yr - ₹28 L/yr

Data Science & Analytics
Senior Associate Salary
5 - 9 years exp. (14 salaries)
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₹13 L/yr - ₹23 L/yr

Engineering - Software & QA
Senior Associate Salary
5 - 9 years exp. (10 salaries)
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₹11.1 L/yr - ₹26.5 L/yr

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Last Updated: 16 Mar 2025

Companies similar to Goldman Sachs for Senior Associate

Company name Avg Annual Salary Open Jobs
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Morgan Stanley Senior Associate Salary

0 - 8 years exp. (1.6k salaries)

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₹7.1 L/yr - ₹26.7 L/yr

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₹17.5 L/yr - ₹32 L/yr

arrow icon 35% more
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Deutsche Bank Senior Associate Salary

4 - 10 years exp. (175 salaries)

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₹7 L/yr - ₹29.6 L/yr

arrow icon 5% less
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Barclays Senior Associate Salary

1 - 11 years exp. (91 salaries)

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₹3.6 L/yr - ₹10.6 L/yr

arrow icon 52% less
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UBS Senior Associate Salary

3 - 10 years exp. (74 salaries)

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₹6 L/yr - ₹24 L/yr

arrow icon 24% less
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Nomura Holdings Senior Associate Salary

4 - 12 years exp. (69 salaries)

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₹12 L/yr - ₹42 L/yr

arrow icon 35% more
1 job opening
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HSBC Group Senior Associate Salary

1 - 8 years exp. (407 salaries)

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₹8.3 L/yr - ₹20 L/yr

arrow icon 38% less
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BNP Paribas Senior Associate Salary

1 - 11 years exp. (2.1k salaries)

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₹3.6 L/yr - ₹14 L/yr

arrow icon 52% less
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SS&C TECHNOLOGIES Senior Associate Salary

0 - 8 years exp. (3.4k salaries)

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₹2.4 L/yr - ₹10 L/yr

arrow icon 64% less
16 job openings
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JPMorgan Chase & Co. Senior Associate Salary

4 - 18 years exp. (2.4k salaries)

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₹13 L/yr - ₹52 L/yr

arrow icon 77% more
17 job openings
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Senior Associate salary at Goldman Sachs ranges between ₹7.8 Lakhs to ₹28.7 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 317 latest salaries received from various employees of Goldman Sachs.

Latest annual salaries shared by Goldman Sachs Senior Associate

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Experience wise Goldman Sachs Senior Associate salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
4 years  (27 salaries)

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₹7.8 L/yr - ₹25.5 L/yr
5 years  (49 salaries)

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₹9 L/yr - ₹29.2 L/yr
6 years  (65 salaries)

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₹9.2 L/yr - ₹30 L/yr
7 years  (67 salaries)

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₹9.4 L/yr - ₹31 L/yr
8 years  (67 salaries)

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₹10 L/yr - ₹29 L/yr
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Goldman Sachs Senior Associate Salary and Career Growth

From

To

Senior Associate

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4 - 9 years exp.

Vice President

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4 - 18 years exp.

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

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₹11 L/yr - ₹31.5 L/yr
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Lead Engineer Salary
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₹3.5 L/yr - ₹6.5 L/yr
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₹13.4 L/yr - ₹40 L/yr
Technical Lead Salary
(18 salaries)
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₹23.9 L/yr - ₹55 L/yr
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₹13 L/yr - ₹30.1 L/yr
Software Engineer Salary
(230 salaries)
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₹11.55 L/yr - ₹39.8 L/yr

Top skills at Goldman Sachs for Senior Associate

Risk Management Investment Banking Software Asset Management Wealth Management Investment Management Analytical Chemistry HTML Relationship Management Anti Money Laundering Financial Due Diligence Collateral Management Operations Fixed Income Swaps Money Market

Salary related reviews for Goldman Sachs

3.5

Rated by 28 employees for salary & benefits

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

 · 

Engineering - Software & QA Department

1.0
  •  posted on 08 Sep 2024

1.0
 for  Salary and Benefits

Likes

Nothing worth mentioning

Dislikes

Poor compensation, they won't give any hike upon promotions as well No benefits to junior employees, leadership takes all the money and benefits Mandatory work from office policy Leadership will try to justify their decision choices even if they are not logical Work quality is mediocre Long work hours

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  • Salary - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 15 Feb 2023

4.0
 for  Salary and Benefits

Likes

if you are only concerned about package then GS pays off good fortune, but for work ethics, learning, work life balance and work satisfactions it is a disappointment. lots and lots of internal politics no well defined structure of work, its all about working in a fashion to get in eyes of upper management, no matter you actually work or not. Also, no job security, your performance does not matter when it comes to retaining, its all about how highly you are paid.

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  • Salary - Good

Dislikes

politics, bios-ness, no structure of work , restriction of growth.

  • Skill development - Bad
  • +4 more

Engineering - Software & QA Department

5.0
  •  posted on 23 Mar 2022

3.0
 for  Salary and Benefits

Likes

Everything about Goldman is amazing!

  • Skill development - Excellent
  • +5 more

Dislikes

The differentiation that they have in their compensation between Tier 1 and Tier 2 colleges. It’s maintained even after joining and in promotions. Tier1 get better bonuses simply because they are from a Tier1 college.

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Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 22 Nov 2023

3.0
 for  Salary and Benefits

Likes

Goldman Sachs offers a very conducive work environment and will help any individual build a strong professional network of smart and highly thoughtful people. As for job security, there was recently a round of layoffs in the Bengaluru and Hyderabad offices, but the Risk division remained largely unimpacted by it, as this is a more federation mid/back office role.

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  • Job security - Excellent
  • +2 more

Dislikes

The compensation is not very competitive anymore. Gone are the days (roughly 5 years ago or older) when Goldman Sachs was ranked among the top paymasters in IITs and other engineering colleges. This can also be felt in how the firm treats its employees, they are aggressively looking to cut costs with perks and other basic office facilities. Work at Goldman Sachs can also be very monotonous in that daily deliverables are simply regulatory reports that are submitted daily, with only the data being refreshed every day. Not too relevant to the analytics & reporting roles, but Goldman Sachs has often been criticized for the age-old tech stacks and infrastructure in place, which hindered progress many times. As others have opined, do agree with the statement that promotions do not hold a lot of value at Goldman Sachs.

read more
  • Skill development - Poor
  • +1 more
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Goldman Sachs Senior Associate Salary FAQs

What is the salary of Senior Associate at Goldman Sachs ?
The average salary of a Senior Associate at Goldman Sachs in India typically ranges from ₹7.8 Lakhs to ₹28.7 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Senior Associate at Goldman Sachs earn more than ₹25.5 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Senior Associate 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 300+ Goldman Sachs employees in India.
What is the estimated take home salary of a Senior Associate at Goldman Sachs in India?
The estimated take-home salary of a Senior Associate at Goldman Sachs in India typically ranges from ₹1,21,957 to ₹1,25,475 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹28.7 Lakhs per year for employees with experience ranging from 4 years to 9 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 300+ 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 Senior Associate at Goldman Sachs ?
To be a Senior Associate at Goldman Sachs in india, the key skills required include:

  • - Risk Management
  • - Investment Banking
  • - Software Asset Management
  • - Wealth Management
  • - Investment Management

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 Senior Associate in India?
BCG ₹24.0 Lakhs to ₹50.0 Lakhs per year
JPMorgan Chase & Co. ₹13.0 Lakhs to ₹52.0 Lakhs per year
Nomura Holdings ₹12.0 Lakhs to ₹42.0 Lakhs per year
Joannou & Paraskevaides ₹17.5 Lakhs to ₹32.0 Lakhs per year
Blackrock ₹11.0 Lakhs to ₹32.8 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 Senior Associate in companies similar to Goldman Sachs in India?
The salary of a Senior Associate at companies similar to Goldman Sachs in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MasterCard ₹7.8 Lakhs to ₹29.4 Lakhs per year
Synechron ₹8.1 Lakhs to ₹27.0 Lakhs per year
Deutsche Bank ₹7.0 Lakhs to ₹29.6 Lakhs per year
Morgan Stanley ₹7.1 Lakhs to ₹26.7 Lakhs per year
S&P Global ₹6.8 Lakhs to ₹25.8 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 Senior Associate at Goldman Sachs in India?
The salary growth for a Senior Associate at Goldman Sachs depends on factors such as experience, performance, and promotions. On average, a Senior Associate can expect the following growth trajectory at Goldman Sachs:

Experience Average Salary Range
4 years ₹7.8 Lakhs to ₹25.5 Lakhs per year
5 years ₹9.0 Lakhs to ₹29.2 Lakhs per year
6 years ₹9.2 Lakhs to ₹30.0 Lakhs per year
7 years ₹9.4 Lakhs to ₹31.0 Lakhs per year
and so on.

Tell us how to improve this page.

Goldman Sachs Senior Associate salary in India ranges between ₹7.8 Lakhs to ₹28.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 317 Goldman Sachs latest salaries received from various employees of Goldman Sachs.