India Ratings & Research Mumbai Research Associate Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

19% less than the average Research Associate Salary in Financial Services Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Research Associate Salary Fresher (3 salaries)	₹3 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Research Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 29 Jan 2025

Companies similar to India Ratings & Research for Research Associate in Mumbai

India Ratings & Research Research Associate Salary

0 - 2 years exp. (5 salaries)

₹3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Crisil Research Associate Salary 1 - 6 years exp. (40 salaries)	₹7.7 L/yr - ₹13.6 L/yr 135% more	4 job openings
ICRA Research Associate Salary 2 - 6 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 58% more
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S&P Global Research Associate Salary 0 - 7 years exp. (26 salaries)	₹3.8 L/yr - ₹10 L/yr 46% more
Macleods Pharmaceuticals Research Associate Salary 0 - 7 years exp. (753 salaries)	₹2.1 L/yr - ₹6.1 L/yr 1% more
Morningstar Research Associate Salary 0 - 3 years exp. (345 salaries)	₹3 L/yr - ₹8.2 L/yr 37% more

Research Associate salary at India Ratings & Research ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of India Ratings & Research.

Experience wise India Ratings & Research Research Associate salaries in Mumbai

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.2 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7 L/yr

Similar Designation salaries in India Ratings & Research

Analyst Salary

(43 salaries)

₹6.37 L/yr - ₹18 L/yr

Senior Research Associate Salary

(7 salaries)

₹5.15 L/yr - ₹9.5 L/yr

Salary related reviews for India Ratings & Research

Analyst in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Great work life balance, good opportunities, more learning.

Skill development - Good

+4 more

Dislikes

...negligible. If you want work life balance, then good, but money wise really bad. Getting in with good salary is important. Even director position does not have respect.

Salary - Poor

+1 more

Analyst in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 07 Apr 2022

1.0

for Salary and Benefits

Likes

Good learning opportunities in MC/LC & other teams except Emerging Corp. Very good manager in South Mid Corp analytical. Decent culture. Good insurance policy

Skill development - Good

+5 more

Dislikes

Very less pay scale. Learning curve will depend on individual's ability to reach out

Salary - Bad

Senior Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 12 Apr 2022

2.0

for Salary and Benefits

Likes

Work life balance, Supportive team

Job security - Excellent

+2 more

Dislikes

Poor Hike and bonus%. Both are always in single digit. Join any rating agency and you will get hike in single digit. This is company in not for people who are looking for stability and long term. Technologically not so good.

Salary - Poor

+2 more

Senior Analyst, Commodities And Retail , Large Corporates in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Sep 2023

4.0

for Salary and Benefits

Likes

Excellent work culture with very supportive managers, opportunity for learning, flexibility around work schedules, exposure, and opportunity to interact with c-suite executives.

Salary - Good

+5 more

Dislikes

Pay could be better, along with appraisals. This is the only drawback, otherwise it is one of the best places to work for.

Credit Analyst in Greater Noida

Full Time

Finance & Accounting Department

1.0

• posted on 19 Oct 2023

1.0

for Salary and Benefits

Likes

Only learning through interactions with industry people.

Skill development - Good

+1 more

Dislikes

Culture, compensation, growth, no focus on training and development. Not a very employee friendly company, do not care about personal lives or well-being of employees. High attrition and no effort at team-building. Seniors will ask to reach out for any help but when you do they’ll not respond.

Salary - Bad

+3 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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India Ratings & Research Research Associate Salary FAQs

What is the salary of Research Associate at India Ratings & Research Mumbai?

Research Associate salary at India Ratings & Research in Mumbai ranges between ₹3.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 19% less than the average Research Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of India Ratings & Research Mumbai.

How does the salary of a Research Associate at India Ratings & Research Mumbai compare with the average salary range for this job?

The average salary of a Research Associate at India Ratings & Research is 19% less than the average salary of a Research Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than India Ratings & Research to a Research Associate in Mumbai?

Crisil Research Associate Salary - ₹7.7 Lakhs to ₹13.6 Lakhs per year
ICRA Research Associate Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
S&P Global Research Associate Salary - ₹3.8 Lakhs to ₹10.0 Lakhs per year
Morningstar Research Associate Salary - ₹3.0 Lakhs to ₹8.2 Lakhs per year
Macleods Pharmaceuticals Research Associate Salary - ₹2.1 Lakhs to ₹6.1 Lakhs per year

What is the estimated take home salary of a Research Associate at India Ratings & Research in Mumbai?

The estimated take-home salary of a Research Associate at India Ratings & Research ranges between ₹29,515 per month to ₹30,887 per month in Mumbai. The take-home salary calculation is based on the average India Ratings & Research Research Associate salary in India which ranges between ₹3.0 Lakhs to ₹5.0 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 Research Associate at India Ratings & Research in Mumbai?

According to AmbitionBox, 67% of the India Ratings & Research Research Associates in Mumbai reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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India Ratings & Research Research Associate Salaries in Mumbai

India Ratings & Research Research Associate salary in Mumbai ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 India Ratings & Research latest salaries received from various employees of India Ratings & Research.