ICICI Direct Equity Research Associate Salaries by 4 Employees

1 - 3 years exp.

₹4.5 Lakhs - ₹10.9 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Equity Research Associate Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 30 Aug 2023

Companies similar to ICICI Direct for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Zacks Research Equity Research Associate Salary 0 - 3 years exp. (29 salaries)	₹2 L/yr - ₹5 L/yr 32% less
PhillipCapital Equity Research Associate Salary 1 - 9 years exp. (12 salaries)	₹8 L/yr - ₹23 L/yr 172% more
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Purnartha Investment Advisors Equity Research Associate Salary 2 - 4 years exp. (5 salaries)	₹6.4 L/yr - ₹14.8 L/yr 80% more
JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (39 salaries)	₹22 L/yr - ₹49 L/yr 563% more	1 job opening
Evalueserve Equity Research Associate Salary 0 - 3 years exp. (26 salaries)	₹7 L/yr - ₹11.1 L/yr 59% more

Equity Research Associate salary at ICICI Direct ranges between ₹4.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Direct.

Experience wise ICICI Direct Equity Research Associate salaries

Last Updated: 30 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in ICICI Direct

Equity Research Analyst Salary

(AmbitionBox Estimate)

₹29.3 L/yr - ₹37.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Equity Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Equity Dealer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Equity Advisor Salary

(22 salaries)

₹3.8 L/yr - ₹5.5 L/yr

Equity Trader Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Assistant Vice President Salary

(4 salaries)

₹21 L/yr - ₹33 L/yr

Salary related reviews for ICICI Direct

Senior Relationship Manager in Chandigarh

Full Time

Other Department

3.0

• posted on 14 Sep 2024

3.0

for Salary and Benefits

Likes

They work on skill development and takes webinar on regular basis Salary credit timely.

Skill development - Good

+1 more

Dislikes

They involves juniors in Office politics Mukesh kapri zonal head of Chandigarh he is the worst person professionaly and personally you will even met you can't work under him or with him

Promotions - Bad

+3 more

Sales Officer in Thiruvananthapuram

Full Time

Human Resources Department

4.0

• posted on 01 Jul 2022

2.0

for Salary and Benefits

Likes

A person who is really business oriented and is ready to be hardworking in banking field, can find excellent opportunity at ICICI Bank.

Skill development - Good

+3 more

Dislikes

The salary package is really low, salary package and clearance amount should be fully given(including deductions).

Salary - Poor

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Oct 2023

3.0

for Salary and Benefits

Likes

Despite of good salary, I couldn't get good working environment over here as much politics are here as my own boss do not want to help me out in my case. Even all other person knows how unevenly he distinguishes his team members. At the end, I would say that you should not work here on a shop floor level, either you join at one step higher level post.

Dislikes

The worst part of my employment journey was experienced in ICICI where I was forced by my supervisor to leave the company. Such a terrifying situation!!

Skill development - Bad

+4 more

Senior Sales Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

Only one thing SMs just like one man army.SMs are doing everything thing for example sales,sevice,genrate SR,manage bank employee and seniors also just in14000-15000 Rs salary per month

Dislikes

Promotion. Why I dislike promotion because off corporate promote only for target not increase salary ultimately making fool thems employees and that's a masterstrok for corporate side...hahahahahahahaha

Salary - Bad

+6 more

Channel Manager in Vapi

Sales & Business Development Department

5.0

• posted on 26 Jun 2022

5.0

for Salary and Benefits

Likes

...nment and culture . Teammates are supportive and the management is transparent .Company policies are good , appraisals are fair and they give good bonus every year .

Salary - Excellent

+6 more

Dislikes

Poor IT support. Need a proper work place. Need more staff.

see more salary related reviews

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ICICI Direct Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at ICICI Direct ?

The average salary of a Equity Research Associate at ICICI Direct in India typically ranges from ₹4.5 Lakhs to ₹10.9 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Equity Research Associate at ICICI Direct earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹10.9 Lakhs per year. Equity Research Associate Salaries at ICICI Direct 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 4 ICICI Direct employees in India.

What is the estimated take home salary of a Equity Research Associate at ICICI Direct in India?

The estimated take-home salary of a Equity Research Associate at ICICI Direct in India typically ranges from ₹46,300 to ₹47,397 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹10.9 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 4 salaries received from various employees of ICICI Direct. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Direct for Equity Research Associate in India?

JPMorgan Chase & Co.	₹22.0 Lakhs to ₹49.0 Lakhs per year
PhillipCapital	₹8.0 Lakhs to ₹23.0 Lakhs per year
Purnartha Investment Advisors	₹6.4 Lakhs to ₹14.8 Lakhs per year
Evalueserve	₹7.0 Lakhs to ₹11.1 Lakhs per year

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

What is the salary of a Equity Research Associate in companies similar to ICICI Direct in India?

The salary of a Equity Research Associate at companies similar to ICICI Direct in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Zacks Research

₹2.0 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 Equity Research Associate at ICICI Direct in India?

The salary growth for a Equity Research Associate at ICICI Direct depends on factors such as experience, performance, and promotions. On average, a Equity Research Associate can expect the following growth trajectory at ICICI Direct:

Experience	Average Salary Range
1 year	₹6.9 Lakhs to ₹8.8 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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ICICI Direct Equity Research Associate Salaries

ICICI Direct Equity Research Associate salary in India ranges between ₹4.5 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Direct latest salaries received from various employees of ICICI Direct.