Macquarie Group Mumbai Salaries by 90+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Assistant Vice President 12 years exp. · Mumbai (12 salaries)	₹27 L/yr - ₹32 L/yr
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Senior Associate 1 - 5 years exp. · Mumbai (9 salaries)	₹6 L/yr - ₹18 L/yr
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Operations Executive 22 - 28 years exp. · Mumbai (5 salaries)	₹15 L/yr - ₹22 L/yr
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Equity Research Analyst 4 - 8 years exp. · Mumbai (4 salaries)	₹38 L/yr - ₹60 L/yr
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Equity Research Associate 1 - 5 years exp. · Mumbai (4 salaries)	₹22 L/yr - ₹25 L/yr
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Senior Executive - Finance 2 - 4 years exp. · Mumbai (3 salaries)	₹10.5 L/yr - ₹15 L/yr
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Finance Head 22 - 24 years exp. · Mumbai (3 salaries)	₹77.7 L/yr - ₹96 L/yr
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Research Analyst 5 - 10 years exp. · Mumbai (3 salaries)	₹35 L/yr - ₹54 L/yr
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Company Secretary 6 - 8 years exp. · Mumbai (3 salaries)	₹12 L/yr - ₹16 L/yr
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Associate Research Analyst 5 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹25.7 L/yr - ₹32.8 L/yr
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Senior Vice President 11 - 18 years exp. · Mumbai (AmbitionBox Estimate)	₹96.4 L/yr - ₹1.1 Cr/yr
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Associate Analyst 2 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹26.6 L/yr - ₹33.9 L/yr
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Private Equity Analyst 2 years exp. · Mumbai (AmbitionBox Estimate)	₹76 L/yr - ₹84 L/yr
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Research Associate 2 - 4 years exp. · Mumbai (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
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Senior Associate Analyst 7 years exp. · Mumbai (AmbitionBox Estimate)	₹28 L/yr - ₹35.8 L/yr
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Process Associate 5 years exp. · Mumbai (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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Client Service Associate 3 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Senior Manager Finance 20 years exp. · Mumbai (AmbitionBox Estimate)	₹91.2 L/yr - ₹1 Cr/yr
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Head Operations 27 years exp. · Mumbai (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr
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Deputy Manager 7 years exp. · Mumbai (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Macquarie Group

2.7

Rated by 10 employees for salary & benefits

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

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

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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Macquarie Group interview questions by designations

Senior Associate (10)Assistant Manager (5)Manager (4)Executive (4)

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Know more about Macquarie Group Mumbai

Macquarie Group Salary FAQs

How much does Macquarie Group pay to its employees?

The average annual salary at Macquarie Group varies depending on the role, experience, and location. The salary ranges for some popular designations at Macquarie Group, are as follows:

Assistant Vice President	₹27 Lakhs to ₹32 Lakhs per year
Senior Associate	₹6 Lakhs to ₹18 Lakhs per year
Operations Executive	₹15 Lakhs to ₹22 Lakhs per year
Equity Research Analyst	₹38 Lakhs to ₹60 Lakhs per year

The highest-paying role, Associate Director, earns between ₹50 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹40.6 Lakhs per year, and the top 1% earn over ₹80 Lakhs per year. Salaries at Macquarie Group 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 salary estimates are based on data from 97 salaries submitted by Macquarie Group employees. Macquarie Group is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Macquarie Group in Mumbai?

The salary of a fresher at Macquarie Group in Mumbai typically ranges from ₹8 Lakhs to ₹15 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Senior Associate Salary	₹9.1 Lakhs to ₹15 Lakhs per year
Fresher as a Management Trainee Salary	₹8 Lakhs to ₹10 Lakhs per year
Fresher as a Credit Analyst Salary	₹7.6 Lakhs to ₹11 Lakhs per year
Fresher as a Associate Engineer Salary	₹10 Lakhs to ₹12.5 Lakhs per year

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Average annual salary in Macquarie Group , Mumbai is INR . Salary estimates are based on 90+ Macquarie Group latest salaries received from various employees of Macquarie Group.