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JPMorgan Chase & Co. Equity Research Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹12.1 Lakhs - ₹43 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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103% more than the average Equity Research Analyst Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Equity Research Analyst Salary
0 - 4 years exp. (11 salaries)
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₹12 L/yr - ₹43 L/yr

Finance & Accounting
Equity Research Analyst Salary
1 - 2 years exp. (5 salaries)
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₹13 L/yr - ₹30 L/yr

Last Updated: 16 Mar 2025

Companies similar to JPMorgan Chase & Co. for Equity Research Analyst in Mumbai

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JPMorgan Chase & Co. Equity Research Analyst Salary

0 - 4 years exp. (54 salaries)

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₹12.1 L/yr - ₹43 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morningstar Equity Research Analyst Salary

0 - 3 years exp. (46 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 80% less
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₹4 L/yr - ₹15.3 L/yr

arrow icon 68% less
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UBS Equity Research Analyst Salary

0 - 11 years exp. (12 salaries)

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₹9 L/yr - ₹30.8 L/yr

arrow icon 33% less
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Citicorp Equity Research Analyst Salary

8 - 14 years exp. (5 salaries)

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₹40 L/yr - ₹51 L/yr

arrow icon 69% more
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BNP Paribas Equity Research Analyst Salary

0 - 11 years exp. (3 salaries)

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₹33 L/yr - ₹93 L/yr

arrow icon 152% more
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HSBC Group Equity Research Analyst Salary

3 - 10 years exp. (3 salaries)

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₹16 L/yr - ₹39 L/yr

arrow icon 16% less
Equity Research Analyst salary at JPMorgan Chase & Co. ranges between ₹12.1 Lakhs to ₹43 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 54 latest salaries received from various employees of JPMorgan Chase & Co..

Latest annual salaries shared by JPMorgan Chase & Co. Equity Research Analyst in Mumbai

2w ago
₹29 Lakhs
1 year exp.
3w ago
₹30 Lakhs
2 years exp.
4w ago
₹36 Lakhs
3 years exp.
5mo ago
₹25 Lakhs
3 years exp.
5mo ago
₹15.5 Lakhs
1 year exp.
7mo ago
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4 years exp.
7mo ago
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4 years exp.
7mo ago
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1 year exp.
8mo ago
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3 years exp.
9mo ago
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2 years exp.

Experience wise JPMorgan Chase & Co. Equity Research Analyst salaries in Mumbai

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹12 L/yr - ₹30 L/yr
1 year  (25 salaries)

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₹12.5 L/yr - ₹34 L/yr
2 years  (11 salaries)

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₹15 L/yr - ₹35 L/yr
3 years  (10 salaries)

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₹18.5 L/yr - ₹43 L/yr
4 years (AmbitionBox Estimate)

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₹28.9 L/yr - ₹36.9 L/yr

Similar Designation salaries in JPMorgan Chase & Co.

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₹7 L/yr - ₹28 L/yr
Financial Analyst Salary
(339 salaries)
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₹6.52 L/yr - ₹20.78 L/yr
Senior Analyst Salary
(281 salaries)
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₹5.48 L/yr - ₹20 L/yr
Business Analyst Salary
(204 salaries)
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₹6.5 L/yr - ₹26.21 L/yr
Credit Analyst Salary
(44 salaries)
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₹12 L/yr - ₹33 L/yr
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₹4.4 L/yr - ₹17 L/yr
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₹5.5 L/yr - ₹24.5 L/yr
Deputy Manager Salary
(4 salaries)
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₹7 L/yr - ₹21.7 L/yr

Top skills at JPMorgan Chase & Co. for Equity Research Analyst

Equity Research Equity Analysis Financial Modelling Equity Research Equity Analysis Equity Valuation Investment Banking Financial Research Financial Analysis Financial Analysis Valuation Financial Research

Salary related reviews for JPMorgan Chase & Co.

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 01 Mar 2025

5.0
 for  Salary and Benefits

Likes

...balanced, at times one may need to stretch, but organization never encourage it. Salary at par, and great perks given too.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No wfh option available with the recent changes announced by the top management. However flexibility will be given based on personal requirements, fingers crossed.

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 16 Dec 2024

4.0
 for  Salary and Benefits

Likes

... repetitive work . One can manage and make a balance in personal and work stuff. Salary is good if you negotiate good at the time of joining. Later it becomes stagnant ( bonus is good )

read more
  • Salary - Good
  • +2 more

Dislikes

Work , skill development , self growth is quite difficult as mostly old technologies are running since years . Senior monopoly. Very less scope for new comer to learn , implement new things , gives ideas and growth . Few people sitting since inception at senior level , they do not move resulting impacting your growth .

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 19 Jun 2024

2.0
 for  Salary and Benefits

Likes

Flexibility at work, Latest tech, You can learn development if you are at automation work, Managers are good, but ? Job security if you work good.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary is less, Promotion could be delayed, Work without salary hike and Promotions.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 15 May 2024

5.0
 for  Salary and Benefits

Likes

Salary work-life balance all are a given in this company. If you work here with a great manager you don't need to switch at least for nest 5 year. no day will be mundane.

read more
  • Salary - Excellent
  • +4 more

Dislikes

IJP is now a tool just to retain employees who are leaving, i would want less on the current manager's involvement in movement, as they try to hinder it by influence to ensure only they have a good employee. IJP is intended for learning new skills but unfortunately that is failing.

read more
  • Promotions - Poor

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 27 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary and work Life balance is good. Good opertunity for growth and success

read more
  • Salary - Good
  • +3 more

Dislikes

All are wrapped up and internal frameworks which we can't use anymore outside of organisations. Personal benefits are very poor compared to compitition.

read more
see more salary related reviews

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JPMorgan Chase & Co. Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at JPMorgan Chase & Co. in Mumbai?
The average salary of a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai typically ranges from ₹12.1 Lakhs to ₹43.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Equity Research Analyst in Mumbai at JPMorgan Chase & Co. earn more than ₹36.4 Lakhs per year, and the top 1% earn over ₹42.9 Lakhs per year. Equity Research Analyst Salaries at JPMorgan Chase & Co. can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ JPMorgan Chase & Co. employees in India.
What is the estimated take home salary of a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai?
The estimated take-home salary of a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai typically ranges from ₹1,73,881 to ₹1,80,607 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹43.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of JPMorgan Chase & Co.. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai?
To be a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai, the key skills required include:

  • - Equity Research
  • - Equity Analysis
  • - Financial Modelling
  • - Equity Research
  • - Equity Analysis

These skills are highly valued at JPMorgan Chase & Co. and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than JPMorgan Chase & Co. for Equity Research Analyst in India?
BNP Paribas ₹33.0 Lakhs to ₹93.0 Lakhs per year
Citicorp ₹40.0 Lakhs to ₹51.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by JPMorgan Chase & Co., depending on the role and experience level.
What is the salary of a Equity Research Analyst in companies similar to JPMorgan Chase & Co. in Mumbai?
The salary of a Equity Research Analyst at companies similar to JPMorgan Chase & Co. in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Group ₹16.0 Lakhs to ₹39.0 Lakhs per year
UBS ₹9.0 Lakhs to ₹30.8 Lakhs per year
Motilal Oswal Financial Services ₹4.0 Lakhs to ₹15.3 Lakhs per year
Morningstar ₹3.0 Lakhs to ₹6.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai?
The salary growth for a Equity Research Analyst at JPMorgan Chase & Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Equity Research Analyst in Mumbai can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience Average Salary Range
Fresher ₹12.0 Lakhs to ₹30.0 Lakhs per year
1 year ₹12.5 Lakhs to ₹34.0 Lakhs per year
2 years ₹15.0 Lakhs to ₹35.0 Lakhs per year
3 years ₹18.5 Lakhs to ₹43.0 Lakhs per year
and so on.

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JPMorgan Chase & Co. Equity Research Analyst salary in Mumbai ranges between ₹12.1 Lakhs to ₹43 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 54 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..