ICFAI Business School Mumbai Assistant Manager Salaries by 10+ Employees (Updated 2025)

3 - 10 years exp.

₹4 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Assistant Manager Salary in Education & Training Companies for 3 - 10 years of experience

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Salaries in different departments

Sales & Business Development Assistant Manager Salary 3 - 9 years exp. (7 salaries)	₹4 L/yr - ₹6 L/yr
Marketing & Communication Assistant Manager Salary 4 - 8 years exp. (6 salaries)	₹4 L/yr - ₹5.2 L/yr
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Teaching & Training Assistant Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.1 L/yr
Customer Success, Service & Operations Assistant Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr

Last Updated: 8 Mar 2025

Companies similar to ICFAI Business School for Assistant Manager in Mumbai

ICFAI Business School Assistant Manager Salary

3 - 10 years exp. (16 salaries)

₹4 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ITM Group of Institutions Assistant Manager Salary 5 - 11 years exp. (16 salaries)	₹3.5 L/yr - ₹5.6 L/yr 8% less
Frankfinn Institute of Air Hostess Training Assistant Manager Salary 5 - 9 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 12% less
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Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1.5 L/yr - ₹5 L/yr 32% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 21% less	1 job opening
Deloitte Assistant Manager Salary 0 - 13 years exp. (2.3k salaries)	₹7.5 L/yr - ₹27 L/yr 196% more	4 job openings

Assistant Manager salary at ICFAI Business School ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 16 latest salaries received from various employees of ICFAI Business School.

Latest annual salaries shared by ICFAI Business School Assistant Manager in Mumbai

1mo ago

₹5 Lakhs

8 years exp.

7mo ago

₹6 Lakhs

7 years exp.

7mo ago

₹6 Lakhs

8 years exp.

8mo ago

₹5.6 Lakhs

6 years exp.

9mo ago

₹4 Lakhs

8 years exp.

9mo ago

7 years exp.

1y ago

9 years exp.

1y ago

5 years exp.

1y ago

10 years exp.

1y ago

6 years exp.

Experience wise ICFAI Business School Assistant Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
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5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (3 salaries)	₹4.4 L/yr - ₹6 L/yr
8 years (3 salaries)	₹4 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

View all

From

Assistant Manager

3 - 11 years exp.

Deputy Manager

5 - 10 years exp.

From

Assistant Manager

3 - 11 years exp.

Branch Manager

8 - 14 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.

Top skills at ICFAI Business School for Assistant Manager

SAP CO Purchase Complaint Management Customer Care Database Management

Salary related reviews for ICFAI Business School

1.5

Rated by 2 employees for salary & benefits

Assistant Manager in Udaipur

Full Time

Teaching & Training Department

3.0

• posted on 22 Aug 2024

2.0

for Salary and Benefits

Likes

The only benefit working at IBS is that they credit your salary on time

Dislikes

A person can not have their own personal life at IBS . Even the incentive is not being credited on time . There’s no job security at IBS

Salary - Poor

+5 more

Assistant Manager in Noida

Full Time

Admission Cell Department

3.0

• posted on 03 Mar 2022

2.0

for Salary and Benefits

Likes

They only release Salary on Time.

Job security - Good

Dislikes

1. It takes 3 years to take your 1st salary salary growth. 2. You have to be very attentive and focused on your MIS for 24*7 time to check your leads, if you missed to check your leads then you loose your hot or warm prospect. 3. No learning, No Party, If they organized party so they ask money from your pocket.

Salary - Poor

+2 more

Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 08 Sep 2024

1.0

for Salary and Benefits

Likes

On time salary payments

Dislikes

Claims are paid after 3-4 months Irregular DA payments No job security in Probation period No fund allotment No freedom No say in company policies No benefit Outdated university and work ethics

Salary - Bad

+6 more

Senior Marketing Officer in Kanpur

Full Time

Sales & Business Development Department

2.0

• posted on 01 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing as such ,Tier 2 college ,only average student apply to this college

Dislikes

This company is just being run by employees salary as they are are filling the students' from their own salary , by this you will be giving half of your salary every month

Salary - Bad

+4 more

Marketing Officer in Nashik

Full Time

Marketing & Communication Department

2.0

• posted on 13 Dec 2023

2.0

for Salary and Benefits

Likes

Only flexibility

Job security - Good

Dislikes

No salary hikes No clearity in organisation, no hierarchy followed..no one knows about the product and system except marketing officers. Manager have no responsibility no in time no out time only ask for sale sale daily. Too much politics..

Salary - Poor

+3 more

see more salary related reviews

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Top trending discussions

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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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ICFAI Business School Assistant Manager Salary FAQs

What is the salary of Assistant Manager at ICFAI Business School in Mumbai?

The average salary of a Assistant Manager at ICFAI Business School in Mumbai typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Assistant Manager in Mumbai at ICFAI Business School earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant Manager Salaries at ICFAI Business School 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+ ICFAI Business School employees in India.

What is the estimated take home salary of a Assistant Manager at ICFAI Business School in Mumbai?

The estimated take-home salary of a Assistant Manager at ICFAI Business School in Mumbai typically ranges from ₹38,766 to ₹39,950 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 ICFAI Business School. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at ICFAI Business School in Mumbai?

To be a Assistant Manager at ICFAI Business School in Mumbai, the key skills required include:

- SAP CO
- Purchase
- Complaint Management
- Customer Care
- Database Management

These skills are highly valued at ICFAI Business School and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICFAI Business School for Assistant Manager in India?

Deloitte

₹7.5 Lakhs to ₹27.0 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to ICFAI Business School in Mumbai?

The salary of a Assistant Manager at companies similar to ICFAI Business School in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ITM Group of Institutions	₹3.5 Lakhs to ₹5.6 Lakhs per year
Frankfinn Institute of Air Hostess Training	₹4.0 Lakhs to ₹5.0 Lakhs per year
Axis Bank	₹1.8 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹5.0 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 Assistant Manager at ICFAI Business School in Mumbai?

The salary growth for a Assistant Manager at ICFAI Business School in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at ICFAI Business School:

Experience	Average Salary Range
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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ICFAI Business School Assistant Manager Salaries in Mumbai

ICFAI Business School Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 ICFAI Business School latest salaries received from various employees of ICFAI Business School.