ICRA Mumbai Business Development Manager Salaries by 4 Employees (Updated 2024)

2 - 4 years exp.

₹8 Lakhs - ₹14 Lakhs

Salary of majority employees

63% more than the average Business Development Manager Salary in Financial Services Companies for 2 - 4 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 2 - 4 years exp. (3 salaries)	₹8 L/yr - ₹12.5 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 2 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹14 L/yr

Last Updated: 6 Dec 2023

Companies similar to ICRA for Business Development Manager in Mumbai

ICRA Business Development Manager Salary

2 - 4 years exp. (4 salaries)

₹8 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Crisil Business Development Manager Salary 0 - 12 years exp. (11 salaries)	₹3 L/yr - ₹12 L/yr 43% less	3 job openings
Acuité Ratings & Research Business Development Manager Salary 1 - 10 years exp. (7 salaries)	₹4 L/yr - ₹10.5 L/yr 30% less	1 job opening
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LKP Securities Business Development Manager Salary 5 - 11 years exp. (4 salaries)	₹3.6 L/yr - ₹7.2 L/yr 51% less
DKSH Business Development Manager Salary 4 - 13 years exp. (4 salaries)	₹12 L/yr - ₹17.8 L/yr 33% more
5paisa Capital Ltd. Business Development Manager Salary 0 - 11 years exp. (3 salaries)	₹8 L/yr - ₹10.5 L/yr 26% less

Business Development Manager salary at ICRA ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of ICRA.

Experience wise ICRA Business Development Manager salaries in Mumbai

Last Updated: 6 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹14 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹20.4 L/yr
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4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.5 L/yr

Similar Designation salaries in ICRA

Deputy Manager Salary

(6 salaries)

₹6 L/yr - ₹11 L/yr

Top skills at ICRA for Business Development Manager

B2B Sales Sales Corporate Sales Relationship Finance Mining Coo Corporate Research Lead Generation

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.

Deputy Manager in Chennai

Business Development Department

4.0

• posted on 19 Jun 2019

4.0

for Salary and Benefits

Likes

Teammates are good, encouraging manner, helping in work. Training was not adequate. Job security can't assured. Salary & benefits are reasonable. Growth opportunities are less. In appraisal process, they are doing politics. Learning is less. Work environment quiet monotonous. Work life balance is very good, as 5 day work culture. No work after 6PM

Dislikes

In recruitment itself, depending upon candidate's background and education institution they fix salary and position. it's not fair. Carreer growth opportunities are limited. In appraisal, they are showing partiallity. Work is too monotonous. Complex product to sell. No good reputation in market. No support from Manager in job.

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.

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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 Manager Salary FAQs

What is the salary of Business Development Manager at ICRA Mumbai?

Business Development Manager salary at ICRA in Mumbai ranges between ₹8.0 Lakhs to ₹14.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 63% more than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICRA Mumbai.

How does the salary of a Business Development Manager at ICRA Mumbai compare with the average salary range for this job?

The average salary of a Business Development Manager at ICRA is 63% more than the average salary of a Business Development Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at ICRA?

B2B Sales, Sales, Corporate Sales, Relationship and Finance are some of the popular skills required to work as a Business Development Manager at ICRA Mumbai.

Which similar companies are paying more than ICRA to a Business Development Manager in Mumbai?

DKSH Business Development Manager Salary - ₹12.0 Lakhs to ₹17.8 Lakhs per year

What is the salary of a Business Development Manager in companies similar to ICRA in Mumbai?

5paisa Capital Ltd. Business Development Manager Salary - ₹8.0 Lakhs to ₹10.5 Lakhs per year
Acuité Ratings & Research Business Development Manager Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
Crisil Business Development Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
LKP Securities Business Development Manager Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year

What is the estimated take home salary of a Business Development Manager at ICRA in Mumbai?

The estimated take-home salary of a Business Development Manager at ICRA ranges between ₹85,211 per month to ₹87,441 per month in Mumbai. The take-home salary calculation is based on the average ICRA Business Development Manager salary in India which ranges between ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at ICRA in Mumbai?

According to AmbitionBox, 50% of the ICRA Business Development Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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ICRA Business Development Manager Salaries in Mumbai

ICRA Business Development Manager salary in Mumbai ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICRA latest salaries received from various employees of ICRA.