ICICI Securities Associate Manager Salaries by 5 Employees

5 - 8 years exp.

₹4.7 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

69% less than the average Associate Manager Salary in Financial Services Companies for 5 - 8 years of experience

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Salaries in different departments

Sales & Business Development Associate Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Associate Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.4 L/yr

Last Updated: 21 Apr 2024

Companies similar to ICICI Securities for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Associate Manager Salary 7 - 18 years exp. (122 salaries)	₹8 L/yr - ₹32.5 L/yr 297% more	3 job openings
Cholamandalam Investment & Finance Associate Manager Salary 1 - 7 years exp. (78 salaries)	₹1.8 L/yr - ₹3.8 L/yr 44% less
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State Street Corporation Associate Manager Salary 7 - 16 years exp. (75 salaries)	₹7.5 L/yr - ₹19.2 L/yr 144% more
Citicorp Associate Manager Salary 5 - 13 years exp. (52 salaries)	₹7 L/yr - ₹22 L/yr 204% more
BNP Paribas Associate Manager Salary 5 - 15 years exp. (34 salaries)	₹8 L/yr - ₹21.6 L/yr 152% more
Morgan Stanley Associate Manager Salary 5 - 10 years exp. (27 salaries)	₹9 L/yr - ₹15 L/yr 170% more
HSBC Group Associate Manager Salary 3 - 13 years exp. (27 salaries)	₹5 L/yr - ₹19 L/yr 137% more
Morningstar Associate Manager Salary 6 - 12 years exp. (14 salaries)	₹12 L/yr - ₹27 L/yr 289% more
UBS Associate Manager Salary 4 - 12 years exp. (13 salaries)	₹12 L/yr - ₹25 L/yr 265% more
BNY Associate Manager Salary 6 - 20 years exp. (12 salaries)	₹9 L/yr - ₹16 L/yr 150% more
FactSet Associate Manager Salary 3 - 14 years exp. (7 salaries)	₹9 L/yr - ₹15 L/yr 140% more
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London Stock Exchange Group Associate Manager Salary 0 - 14 years exp. (7 salaries)	₹14.6 L/yr - ₹16.5 L/yr 221% more
Aditya Birla Capital Associate Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹8.5 L/yr 26% more
American Express Associate Manager Salary 3 - 6 years exp. (6 salaries)	₹30 L/yr - ₹32.1 L/yr 553% more
Kotak Securities Associate Manager Salary 0 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹4.5 L/yr 23% less
Commonwealth Bank of Australia, India Associate Manager Salary 8 - 10 years exp. (4 salaries)	₹11 L/yr - ₹17.3 L/yr 217% more
HDFC Sales Associate Manager Salary 8 - 18 years exp. (4 salaries)	₹3.6 L/yr - ₹12 L/yr 51% more
Motilal Oswal Financial Services Associate Manager Salary 0 - 14 years exp. (4 salaries)	₹3.9 L/yr - ₹12.5 L/yr 52% more

Associate Manager salary at ICICI Securities ranges between ₹4.7 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Associate Manager salaries

Last Updated: 21 Apr 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹4.7 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.8 L/yr

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Salary related reviews for ICICI Securities

5.0

Rated by 1 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

Salary - Excellent

+6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

AVP in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Nov 2024

4.0

for Salary and Benefits

Likes

-compensation -work/life balance

Salary - Good

+2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

Skill development - Bad

+3 more

Senior Relationship Manager in Chennai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

Salary - Poor

+4 more

Equity Relationship Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 May 2023

3.0

for Salary and Benefits

Likes

Attractive salary Brand name

Dislikes

No job security Heavy job pressure No (0) work life balance (10hrs shift plus frequent over time) Too much tele calling Horrible work culture No learning at all apart from sales Unsupportive seniors and TLs Less holidays Unhealthy work environment No incentives Poor client base and leads At the time of interview it was said that it's a advisory job but it's a pure sales job. It is suggested that only salesperson join this job. For company it is suggested to treat their employees as humans and value customers. They say that they have customer first policy, but all they care is about brokerage and product sales.

Skill development - Bad

+5 more

Assistant Manager MIS in Navi Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Aug 2023

5.0

for Salary and Benefits

Likes

You will get salary/yearly bonus on time. Some time very work pressure and sometimes chills Canteen food very good you get in very chip rate work culture very good sometimes depends on your HOD , management are very supportive.

Salary - Excellent

+3 more

Dislikes

Works culture are quite good and very strict

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ICICI Securities Associate Manager Salary FAQs

What is the salary of Associate Manager at ICICI Securities ?

The average salary of a Associate Manager at ICICI Securities in India typically ranges from ₹4.7 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Associate Manager at ICICI Securities earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Associate Manager Salaries at ICICI Securities 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 5 ICICI Securities employees in India.

What is the estimated take home salary of a Associate Manager at ICICI Securities in India?

The estimated take-home salary of a Associate Manager at ICICI Securities in India typically ranges from ₹36,232 to ₹37,453 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 salaries received from various employees of ICICI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Securities for Associate Manager in India?

American Express	₹30.0 Lakhs to ₹32.1 Lakhs per year
Wells Fargo	₹8.0 Lakhs to ₹32.5 Lakhs per year
Morningstar	₹12.0 Lakhs to ₹27.0 Lakhs per year
UBS	₹12.0 Lakhs to ₹25.0 Lakhs per year
London Stock Exchange Group	₹14.6 Lakhs to ₹16.5 Lakhs per year

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

What is the salary of a Associate Manager in companies similar to ICICI Securities in India?

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

Commonwealth Bank of Australia, India	₹11.0 Lakhs to ₹17.3 Lakhs per year
Citicorp	₹7.0 Lakhs to ₹22.0 Lakhs per year
Morgan Stanley	₹9.0 Lakhs to ₹15.0 Lakhs per year
BNP Paribas	₹8.0 Lakhs to ₹21.6 Lakhs per year
BNY	₹9.0 Lakhs to ₹16.0 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 Associate Manager at ICICI Securities in India?

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

Experience	Average Salary Range
5 years	₹4.7 Lakhs to ₹4.9 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years	₹1.9 Lakhs to ₹5.0 Lakhs per year
8 years	₹4.8 Lakhs to ₹8.8 Lakhs per year

and so on.

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ICICI Securities Associate Manager Salaries

ICICI Securities Associate Manager salary in India ranges between ₹4.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Securities latest salaries received from various employees of ICICI Securities.