IIFL Finance Equity Research Associate Salaries by 5 Employees (Updated 2024)

0 - 4 years exp.

₹12 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

20% more than the average Equity Research Associate Salary in NBFC Companies for 0 - 4 years of experience

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Last Updated: 23 Mar 2023

Companies similar to IIFL Finance for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Edelweiss Equity Research Associate Salary 0 - 3 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 5% less
Motilal Oswal Equity Research Associate Salary 0 - 3 years exp. (8 salaries)	₹6 L/yr - ₹10 L/yr 57% less	4 job openings
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Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 78% less
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7 L/yr 57% less
HDFC Securities Equity Research Associate Salary 0 - 5 years exp. (20 salaries)	₹6.8 L/yr - ₹26.5 L/yr 3% less
ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (15 salaries)	₹6 L/yr - ₹20 L/yr 12% less
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹9 L/yr 45% less
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 42% less
Karvy Stock Broking Equity Research Associate Salary 0 - 2 years exp. (5 salaries)	₹2.8 L/yr - ₹4.7 L/yr 74% less

Equity Research Associate salary at IIFL Finance ranges between ₹12 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Equity Research Associate salaries

Last Updated: 23 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹15 L/yr - ₹27.5 L/yr
1 year (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
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2 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹20 L/yr
3 years (AmbitionBox Estimate)	₹12 L/yr - ₹27.8 L/yr
4 years (AmbitionBox Estimate)	₹15 L/yr - ₹28 L/yr

Similar Designation salaries in IIFL Finance

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Equity Research Analyst Salary

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₹2 L/yr - ₹5.66 L/yr

Senior Research Analyst Salary

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₹7 L/yr - ₹17.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Research Analyst Salary

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₹5 L/yr - ₹18 L/yr

Equity Analyst Salary

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Equity Dealer Salary

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Equity Advisor Salary

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₹0.7 L/yr - ₹4.75 L/yr

Equity Trader Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Financial Analyst Salary

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Salary related reviews for IIFL Finance

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Deputy Manager in Koppal

Finance & Accounting Department

5.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment the management support transperent. There is a huge cafeteria and arcade for chilling company policies are good, Appraisal are fair and they give good salary hike and bonus every year.

Dislikes

Coworkers not support

Senior Associate in Mumbai

Product Department

1.0

• posted on 19 Feb 2021

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...ys treated as an outsider despite best efforts one can put in at a senior level. Huge salary cut even before pandemic and during pandemic too. laid off and termination appears to be normal. The assurances or terms agreed at the time of interview were not followed after joining. Lost confidence and mental peace.

Relationship Manager in Pune

Other Department

1.0

• posted on 01 Dec 2020

1.0

for Salary and Benefits

Likes

...am leader staff is leaving the organisation just within a month after joining. Even after leaving the company with all exit policies after 90 days also didn’t got the salary and require documents. After so much follow up’s with HR they are not giving the proper response. Not at all career growth. Pathetic experience overall.

Relationship Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 15 Aug 2020

4.0

for Salary and Benefits

Likes

Company atmosphere good specially thane office good salary hike & bonus loyal higher management Nirmal Jain sir..

Dislikes

SME Insta products was good but most of NPA accounts that reason insta products not growing up.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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IIFL Finance Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at IIFL Finance?

Equity Research Associate salary at IIFL Finance in India ranges between ₹12.0 Lakhs to ₹20.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 20% more than the average Equity Research Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Equity Research Associate at IIFL Finance India compare with the average salary range for this job?

The average salary of a Equity Research Associate at IIFL Finance is 20% more than the average salary of a Equity Research Associate in India. To know exact salary insights, login to view.

What is the salary of a Equity Research Associate in companies similar to IIFL Finance in India?

HDFC Securities Equity Research Associate Salary - ₹6.8 Lakhs to ₹26.5 Lakhs per year
Edelweiss Equity Research Associate Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
ICICI Securities Equity Research Associate Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Equity Research Associate at IIFL Finance ranges between ₹1,05,892 per month to ₹1,08,804 per month in India. The take-home salary calculation is based on the average IIFL Finance Equity Research Associate salary in India which ranges between ₹12.0 Lakhs to ₹20.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at IIFL Finance?

According to AmbitionBox, 100% of the IIFL Finance Equity Research Associates reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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IIFL Finance Equity Research Associate Salaries

IIFL Finance Equity Research Associate salary in India ranges between ₹12 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.