ICRA Business Development Associate Salaries by 3 Employees (Updated 2024)

3 - 10 years exp.

₹3.2 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Business Development Associate Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

Sales & Business Development Business Development Associate Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.2 L/yr
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BFSI, Investments & Trading Business Development Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to ICRA for Business Development Associate

Company name	Avg Annual Salary	Open Jobs
Crisil Business Development Associate Salary 4 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹6.8 L/yr At par
SMERA Ratings Business Development Associate Salary 0 - 3 years exp. (3 salaries)	₹4 L/yr - ₹6 L/yr 15% less
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Acuité Ratings & Research Business Development Associate Salary 0 - 2 years exp. (5 salaries)	₹3.5 L/yr - ₹9.9 L/yr 41% more
Wells Fargo Business Development Associate Salary 0 - 8 years exp. (4 salaries)	₹7.5 L/yr - ₹20 L/yr 136% more
JPMorgan Chase & Co. Business Development Associate Salary 0 - 19 years exp. (4 salaries)	₹9 L/yr - ₹30 L/yr 216% more
Bajaj Finserv Business Development Associate Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 41% less

Business Development Associate salary at ICRA ranges between ₹3.2 Lakhs to ₹7.2 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of ICRA.

Experience wise ICRA Business Development Associate salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.1 L/yr
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10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹7.2 L/yr

Similar Designation salaries in ICRA

Senior Business Development Associate Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

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Business Development Executive Salary

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Salary related reviews for ICRA

Business Development Manager in Bangalore Rural

Full Time

Sales & Business Development Department

2.0

• posted on 05 Jun 2023

1.0

for Salary and Benefits

Likes

Good learning, but after sometime you do the same repetitive tasks tho

Dislikes

Salary below market standards No employee engagement programs No motivation for employees Most of the employees just wait for next appraisal cycle so that they can leave after

Business Development Manager in Gurgaon / Gurugram

Sales & Business Development Department

2.0

• posted on 27 Aug 2018

2.0

for Salary and Benefits

Likes

Nothing is there to like ICRA limited. You will regret to join such company.

Dislikes

Worst pay master. Sales and marketing don't get good salary appraisals. They love Analyst, Top management is ready to sacrifice for them. ICRA limited is useless company. I have wasted my 8 years, even CRISIL and CARE are good companies and pays better and understand employees needs. Please don't join ICRA Limited.

Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 21 Nov 2023

3.0

for Salary and Benefits

Likes

Salary on time. Reimbursement on time.

Dislikes

Internal politics, Nepotism, partiality and the HR dept is terrible. No one will ever give you any answer/solution. They are good for nothing. Every month people change, you even don't know who to contact. Seniors wont help you achieve your targets nor they are willing to travel for meetings. Unwanted team calls. Whenever your manager is free or not in any mood for meeting, he/she will schedule Virtual team calls.

Icra Analytics in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 10 Jun 2022

3.0

for Salary and Benefits

Likes

This company has excellent culture and job security. Everyone is very polite and humble and the pay is as per industry average but there is very less perks and other benefits.

Dislikes

... as such to dislike but only thing I can say is to give some perks to employees. Like for transport and foods they deduct from your salary.

Senior Associate Analyst in Kolkata

Finance & Accounting Department

5.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

Company has decent work pressure and seniors and Managers are well behaved and helps alot in the work , Policies of this company are very employee friendly and has a strong management system which prevents and unethical working situation prevailing in this company, one can easily Balance work life and personal life while working here.

Dislikes

Career growth is not decent and salary are not upto the market standard .

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ICRA Business Development Associate Salary FAQs

What is the notice period for Business Development Associate at ICRA?

According to AmbitionBox, 100% of the ICRA Business Development Associates reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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ICRA Business Development Associate Salaries

ICRA Business Development Associate salary in India ranges between ₹3.2 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ICRA latest salaries received from various employees of ICRA.