JM Financial Mumbai Senior Research Associate Salaries by 5 Employees (Updated 2025)

2 - 4 years exp.

₹15 Lakhs - ₹20 Lakhs

Salary of majority employees

123% more than the average Senior Research Associate Salary in Financial Services Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Research Associate Salary 3 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
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Finance & Accounting Senior Research Associate Salary 3 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 4 Sep 2024

Companies similar to JM Financial for Senior Research Associate in Mumbai

JM Financial Senior Research Associate Salary

2 - 4 years exp. (5 salaries)

₹15 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Senior Research Associate Salary 2 - 9 years exp. (12 salaries)	₹2.9 L/yr - ₹8.5 L/yr 67% less
Hindustan Unilever Senior Research Associate Salary 5 - 12 years exp. (30 salaries)	₹10 L/yr - ₹17 L/yr 15% less
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Macleods Pharmaceuticals Senior Research Associate Salary 4 - 11 years exp. (336 salaries)	₹3 L/yr - ₹8.9 L/yr 63% less
Morningstar Senior Research Associate Salary 1 - 6 years exp. (205 salaries)	₹3.9 L/yr - ₹9.8 L/yr 59% less
Ajanta Pharma Senior Research Associate Salary 6 - 11 years exp. (178 salaries)	₹4 L/yr - ₹7.8 L/yr 62% less

Senior Research Associate salary at JM Financial ranges between ₹15 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Senior Research Associate salaries in Mumbai

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
3 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
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4 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

Similar Designation salaries in JM Financial

Software Developer Salary

(25 salaries)

₹3 L/yr - ₹13 L/yr

Analyst Salary

(12 salaries)

₹6 L/yr - ₹22 L/yr

Senior Software Engineer Salary

(5 salaries)

₹6.5 L/yr - ₹7 L/yr

Software Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹6.48 L/yr

Research Analyst Salary

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₹12 L/yr - ₹28 L/yr

Salary related reviews for JM Financial

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

Skill development - Bad

+4 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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JM Financial Senior Research Associate Salary FAQs

What is the salary of Senior Research Associate at JM Financial Mumbai?

Senior Research Associate salary at JM Financial in Mumbai ranges between ₹15.0 Lakhs to ₹20.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 123% more than the average Senior Research Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of JM Financial Mumbai.

How does the salary of a Senior Research Associate at JM Financial Mumbai compare with the average salary range for this job?

The average salary of a Senior Research Associate at JM Financial is 123% more than the average salary of a Senior Research Associate in Mumbai. To know exact salary insights, login to view.

What is the salary of a Senior Research Associate in companies similar to JM Financial in Mumbai?

Hindustan Unilever Senior Research Associate Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Morningstar Senior Research Associate Salary - ₹3.9 Lakhs to ₹9.8 Lakhs per year
Ajanta Pharma Senior Research Associate Salary - ₹4.0 Lakhs to ₹7.8 Lakhs per year
Macleods Pharmaceuticals Senior Research Associate Salary - ₹3.0 Lakhs to ₹8.9 Lakhs per year
TCS Senior Research Associate Salary - ₹2.9 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Senior Research Associate at JM Financial in Mumbai?

The estimated take-home salary of a Senior Research Associate at JM Financial ranges between ₹1,10,557 per month to ₹1,13,619 per month in Mumbai. The take-home salary calculation is based on the average JM Financial Senior Research Associate salary in India which ranges between ₹15.0 Lakhs to ₹20.0 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 Senior Research Associate at JM Financial in Mumbai?

According to AmbitionBox, 100% of the JM Financial Senior Research Associates in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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JM Financial Senior Research Associate Salaries in Mumbai

JM Financial Senior Research Associate salary in Mumbai ranges between ₹15 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 JM Financial latest salaries received from various employees of JM Financial.