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3.9

based on 1.9k Reviews

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ICICI Securities Management Trainee salaries in Mumbai

Annual salary range
0 - 2 years exp.
₹4 Lakhs - ₹13.8 Lakhs
Salary of majority employees
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6% less than the average Management Trainee Salary in Financial Services Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Management Trainee Salary
0 - 1 year exp. (5 salaries)
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₹9.9 L/yr - ₹11.4 L/yr

Product Management
Management Trainee Salary
0 - 2 years exp. (3 salaries)
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₹8.3 L/yr - ₹16 L/yr

Consulting
Management Trainee Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹7.8 L/yr

Marketing & Communication
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹8.4 L/yr - ₹11.5 L/yr

Last Updated: 8 Nov 2024

Companies similar to ICICI Securities for Management Trainee in Mumbai

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ICICI Securities Management Trainee Salary

0 - 2 years exp. (20 salaries)

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₹4 L/yr - ₹13.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Securities Management Trainee Salary

0 - 3 years exp. (21 salaries)

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₹4.3 L/yr - ₹13 L/yr

arrow icon 7% less
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₹4 L/yr - ₹10 L/yr

arrow icon 34% less
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₹9.6 L/yr - ₹25 L/yr

arrow icon 91% more
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HDFC Sales Management Trainee Salary

0 - 2 years exp. (5 salaries)

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₹2.1 L/yr - ₹2.5 L/yr

arrow icon 72% less
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HSBC Group Management Trainee Salary

0 - 2 years exp. (4 salaries)

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₹11 L/yr - ₹25 L/yr

arrow icon 144% more
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₹5 L/yr - ₹5.2 L/yr

arrow icon 40% less
Management Trainee salary at ICICI Securities ranges between ₹4 Lakhs to ₹13.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 20 latest salaries received from various employees of ICICI Securities.

Latest annual salaries shared by ICICI Securities Management Trainee in Mumbai

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Experience wise ICICI Securities Management Trainee salaries in Mumbai

Last Updated: 8 Nov 2024

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹4 L/yr - ₹11.5 L/yr
1 year  (6 salaries)

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₹4 L/yr - ₹14.2 L/yr
2 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹15.5 L/yr

Similar Designation salaries in ICICI Securities

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₹2 L/yr - ₹6 L/yr
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₹10.3 L/yr - ₹37 L/yr
Team Lead Salary
(15 salaries)
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₹3 L/yr - ₹12 L/yr
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₹2.75 L/yr - ₹5 L/yr
Deputy Manager Salary
(5 salaries)
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₹5 L/yr - ₹6 L/yr
Analyst Salary
(5 salaries)
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₹9.5 L/yr - ₹11 L/yr
Senior Analyst Salary
(3 salaries)
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₹6 L/yr - ₹18.5 L/yr
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₹2.5 L/yr - ₹4.3 L/yr
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₹5.5 L/yr - ₹5.8 L/yr

Salary related reviews for ICICI Securities

2.3

Rated by 5 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 11 Nov 2021

3.0
 for  Salary and Benefits

Likes

Only positive side about working here is that you will receive your salary on time.

read more

Dislikes

I worked here in Equity Product Group (EPG) department for around 6 months. I didn't at all like working here. There were no scope for learning/skill development, work environment turned toxic after one month of joining and work life balance became terrible. Work satisfaction was zero for me since I didn't like to push sell products to customers, which they don't need or infact won't be beneficial for them, just to achieve my target. Your superior will give you extreme pressure to achieve your target and the targets are so high that one cannot achieve it in honest ways. Even superiors will suggest you to lie to customers but they will never give their consent in writing. So if at anytime a complaint is lodged against you for misconduct to the Regulators (SEBI, RBI, etc.) then GOD help you because you'll be on your own. If you face problem in achieving target, the superiors instead of help solving your problems or giving PROPER TRAINING to you, will insult you in front of your co-workers and tell you to leave the job. They will create the work environment so toxic that you'll be forced to resign from the company. Also you are expected to come office on time but you won't be allowed to leave until you achieve your daily targets. I'll never suggest anyone to join this company, especially EPG department.

read more
  • Skill development - Bad
    +5 more

Sales Department

2.0
  •  posted on 14 Jun 2021

2.0
 for  Salary and Benefits

Likes

... pays less but there's at least mental peace to an extent and work life balance. The only good thing at ICICI Securities is salary for freshers.

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Dislikes

The culture and the bosses. Everyone cares about sales here. If you don't do sales, don't achieve targets then they would treat you like sh"t and take out your work life balance because you will be made to work for like 12 hours a day. Nobody cares except sales in this company.

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  • Salary - Poor
    +6 more

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!

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  • 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.

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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

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  • Skill development - Bad
    +3 more

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.

read more

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.

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  • Salary - Poor
    +4 more
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ICICI Securities Management Trainee Salary FAQs

What is the salary of Management Trainee at ICICI Securities Mumbai?
Management Trainee salary at ICICI Securities in Mumbai ranges between ₹4.0 Lakhs to ₹13.8 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 6% less than the average Management Trainee Salary in India. Salary estimates are based on 20 latest salaries received from various employees of ICICI Securities Mumbai.
How does the salary of a Management Trainee at ICICI Securities Mumbai compare with the average salary range for this job?
The average salary of a Management Trainee at ICICI Securities is 6% less than the average salary of a Management Trainee in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than ICICI Securities to a Management Trainee in Mumbai?
  • HSBC Group Management Trainee Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
  • Aditya Birla Capital Management Trainee Salary - ₹9.6 Lakhs to ₹25.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to ICICI Securities in Mumbai?
  • Kotak Securities Management Trainee Salary - ₹4.3 Lakhs to ₹13.0 Lakhs per year
  • Motilal Oswal Financial Services Management Trainee Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
  • Cholamandalam Investment & Finance Management Trainee Salary - ₹5.0 Lakhs to ₹5.2 Lakhs per year
  • HDFC Sales Management Trainee Salary - ₹2.1 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Management Trainee at ICICI Securities in Mumbai?
The estimated take-home salary of a Management Trainee at ICICI Securities ranges between ₹62,946 per month to ₹64,546 per month in Mumbai. The take-home salary calculation is based on the average ICICI Securities Management Trainee salary in India which ranges between ₹4.0 Lakhs to ₹13.8 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Management Trainee at ICICI Securities in Mumbai?
According to AmbitionBox, 54% of the ICICI Securities Management Trainees in Mumbai reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Securities Management Trainee salary in Mumbai ranges between ₹4 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 ICICI Securities latest salaries received from various employees of ICICI Securities.