JPMorgan Chase & Co. Associate salaries in Mumbai (Updated 2025)

Likes

Salary is decent compared to industry average. Also, You don’t need to worry about the job security unless you are really bad. Work life balance depends on which line of business and what team are you working.

Dislikes

Promotions are too slow compared to your peers in US or UK. A person will stay as an Analyst or Associate for years and your peer will become a Vice President or even an Executive Director within the same timelines. Your promotions are hardly based on your performance and mostly based on how much good relationship you have with your manager and how much the management has endorsed you as a brand.

Likes

Job security, policies, enviornment work life balance(depend on manager)

Dislikes

If you want dynamic growth and promotion JP is not right place. Ijp is option to choose and explore other country but bit difficult to get good pay compare to switch organisation.

Likes

1) Technical Growth Opportunities 2) Good Work Life Balance (Depending on Project) 3) Good Work Culture. 4) Other Employee Related Benefits

Dislikes

1) Biased Decision on existing Employee Appraisal/Promotion 2) Negotiate well before Joining because Internal Salary Hike is very less.

Likes

...lture, Helpful Colleagues, Good work life balance and an Excellent Brand name. 2) Good pay. The pay is at par and in some cases higher than other Investment Banks 3) Management listens and fosters feedback in most cases 4) Lots of Internal Mobility options which helps from career growth and switching if u dont want to stay in a particular profile 5) Promotion will happen as long as you perform well espcially till you get promoted to Sr. Assoc. Post that (to become VP and above), there are a lot of factors and not just work that determine your promotion All these points have some reverse example which I will cover in dislikes

Dislikes

...orporate Department) and almost No work life Balance (Controllers Department). 2) Pay - Like any other Org, pay differs from Department to Department. FP&A (Either Expense or Revenue in any Lob) has good pay. Technology has great pay. Controllers, Projects, Coporate have less pay. Similar for Bonus 3) Mangement sometimes dont care for certain issues even if you raise it. You/Your team may have raised an issue for 1 year non stop (and that it could be anything and relevant), if the senior stakeholders (Onshore or India) dont want to resolve it, then they wont. (Saying from a Personal Experience) 4) Promotions in Controllers and AWM are less. Whereas in Tech and CIB, its good. 5) Onshore Opportunity - Again from a personal experience. Even if u perform well, get recommended by Onshore clients for work etc. and there might be even a relevant opening, on shore opportunity may not get approved. (Technology being an exception). 6) Lack of Learning - For the first 3/4 years, you will learn a lot. Work, Hierarchy, What your/different Teams do, but then Work will become boring and not everytime your role will grow/expand to have steep learning. So either take Internal Mobility or Switch Companies

Likes

1. Work life balance 2. Pay 3. Facilities

Dislikes

1. Lots of politics 2. Upper management isn’t approachable 3. Poor leadership 4. Upper management runs parallel policies of their own compared to company policies (eg. Managers would ask you to come more than 3 days compulsory even if company policy says 3 days of office and 2 days wfh and more)