Macquarie Group Mumbai Equity Research Analyst Salaries by 4 Employees (Updated 2025)

4 - 8 years exp.

₹38 Lakhs - ₹60 Lakhs

Salary of majority employees

238% more than the average Equity Research Analyst Salary in Financial Services Companies for 4 - 8 years of experience

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Last Updated: 16 Nov 2023

Companies similar to Macquarie Group for Equity Research Analyst in Mumbai

Macquarie Group Equity Research Analyst Salary

4 - 8 years exp. (4 salaries)

₹38 L/yr - ₹60 L/yr

Company name	Avg Annual Salary	Open Jobs
Goldman Sachs Equity Research Analyst Salary 1 - 4 years exp. (10 salaries)	₹15 L/yr - ₹40 L/yr 49% less
JPMorgan Chase & Co. Equity Research Analyst Salary 0 - 5 years exp. (59 salaries)	₹12.7 L/yr - ₹43 L/yr 41% less
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UBS Equity Research Analyst Salary 0 - 11 years exp. (12 salaries)	₹9 L/yr - ₹30.8 L/yr 60% less
Barclays Equity Research Analyst Salary 2 - 12 years exp. (13 salaries)	₹14.4 L/yr - ₹35.2 L/yr 52% less
HSBC Group Equity Research Analyst Salary 3 - 10 years exp. (3 salaries)	₹16 L/yr - ₹39 L/yr 48% less
BNP Paribas Equity Research Analyst Salary 0 - 11 years exp. (3 salaries)	₹33 L/yr - ₹93 L/yr 51% more
Morningstar Equity Research Analyst Salary 1 - 4 years exp. (37 salaries)	₹3.6 L/yr - ₹7.2 L/yr 88% less
Motilal Oswal Financial Services Equity Research Analyst Salary 1 - 7 years exp. (22 salaries)	₹4 L/yr - ₹15.3 L/yr 81% less
Axis Direct Equity Research Analyst Salary 1 - 13 years exp. (8 salaries)	₹9.2 L/yr - ₹23 L/yr 61% less
Citicorp Equity Research Analyst Salary 8 - 14 years exp. (5 salaries)	₹40 L/yr - ₹51 L/yr 2% more

Equity Research Analyst salary at Macquarie Group ranges between ₹38 Lakhs to ₹60 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Macquarie Group.

Experience wise Macquarie Group Equity Research Analyst salaries in Mumbai

Last Updated: 16 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
5 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
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6 years (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr
8 years (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr

Similar Designation salaries in Macquarie Group

Senior Associate Salary

(8 salaries)

₹6 L/yr - ₹18 L/yr

Research Analyst Salary

(3 salaries)

₹35 L/yr - ₹54 L/yr

Top skills at Macquarie Group for Equity Research Analyst

Finance Wealth Management Market Analysis Research Analysis Leasing Commodity Trading Business Banking Accounting Client Presentations Financial Modelling Equity MA Asset Management Trading

Salary related reviews for Macquarie Group

Senior Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 14 Feb 2023

4.0

for Salary and Benefits

Likes

Good Pay/bonuses, Culture, Amazing function-wide events

Salary - Good

+3 more

Dislikes

Zero work life balance, Extended shift hours, Monotonous work, Very less focus to enhance technical skills, Very process oriented work, Poor cab service. Great as a first job to do for a year or so, nothing more.

Skill development - Poor

+2 more

Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

2.0

• posted on 14 Jan 2025

2.0

for Salary and Benefits

Likes

Work timings are great

Company culture - Good

+1 more

Dislikes

... to book a day advance , sometimes you get sometimes not. Appraisal is not good. Bonus is too little. Appraisal Plus Bonus does not make difference. Appraisal Amt gets credited very late around in 4-5 months. Lifts take hell lot of time. Leadership keep on revolving whether it is good or bad. Good Leadership should stay but after period of time they also move in some other group. Which makes group unstable.

Salary - Poor

+4 more

Senior Manager in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 02 May 2024

2.0

for Salary and Benefits

Likes

Salary on time. Trying to follow MNC culture

Dislikes

Job Security is not there Really bad Business scenario Turbulent and unstable HR and Strategic decision making Typical qualities of sledging and extensive pressure for meeting illogical deadlines

Salary - Poor

+6 more

Assistant Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

Free lunch.

Dislikes

...oining is resolved. - No transport and even parking not available for employees. They take approx 50k from your salary for year if you opt for parking and that too have waiting. - Special advisory for graduate hires please do not ruin your career starting with Macquarie there is nothing to learn here.

Salary - Poor

+6 more

Access Management in Gurgaon / Gurugram

Full Time

IT & Information Security Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...tunity ,teammates are supportive and the management free meal facility @3 time .increment and good salary growth .

Salary - Excellent

+6 more

Dislikes

I dislike less interaction, and communication gap between team also not provide cab benefit for contractor

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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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Macquarie Group Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at Macquarie Group Mumbai?

Equity Research Analyst salary at Macquarie Group in Mumbai ranges between ₹38.0 Lakhs to ₹60.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 238% more than the average Equity Research Analyst Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Macquarie Group Mumbai.

How does the salary of a Equity Research Analyst at Macquarie Group Mumbai compare with the average salary range for this job?

The average salary of a Equity Research Analyst at Macquarie Group is 238% more than the average salary of a Equity Research Analyst in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Equity Research Analyst at Macquarie Group?

Finance, Wealth Management, Market Analysis, Research Analysis and Leasing are some of the popular skills required to work as a Equity Research Analyst at Macquarie Group Mumbai.

Which similar companies are paying more than Macquarie Group to a Equity Research Analyst in Mumbai?

BNP Paribas Equity Research Analyst Salary - ₹33.0 Lakhs to ₹93.0 Lakhs per year
Citicorp Equity Research Analyst Salary - ₹40.0 Lakhs to ₹51.0 Lakhs per year

What is the salary of a Equity Research Analyst in companies similar to Macquarie Group in Mumbai?

JPMorgan Chase & Co. Equity Research Analyst Salary - ₹12.7 Lakhs to ₹43.0 Lakhs per year
HSBC Group Equity Research Analyst Salary - ₹16.0 Lakhs to ₹39.0 Lakhs per year
Goldman Sachs Equity Research Analyst Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
Barclays Equity Research Analyst Salary - ₹14.4 Lakhs to ₹35.2 Lakhs per year
UBS Equity Research Analyst Salary - ₹9.0 Lakhs to ₹30.8 Lakhs per year

What is the estimated take home salary of a Equity Research Analyst at Macquarie Group in Mumbai?

The estimated take-home salary of a Equity Research Analyst at Macquarie Group ranges between ₹2,73,040 per month to ₹2,84,249 per month in Mumbai. The take-home salary calculation is based on the average Macquarie Group Equity Research Analyst salary in India which ranges between ₹38.0 Lakhs to ₹60.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Analyst at Macquarie Group in Mumbai?

According to AmbitionBox, 100% of the Macquarie Group Equity Research Analysts in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Macquarie Group Equity Research Analyst Salaries in Mumbai

Macquarie Group Equity Research Analyst salary in Mumbai ranges between ₹38 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Macquarie Group latest salaries received from various employees of Macquarie Group.