Macquarie Group Mumbai Senior Associate Salaries by 9 Employees (Updated 2025)

1 - 5 years exp.

₹6 Lakhs - ₹18 Lakhs

Salary of majority employees

19% more than the average Senior Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr
Risk Management & Compliance Senior Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Senior Associate Salary 4 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹12 L/yr
Finance & Accounting Senior Associate Salary 4 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹12.4 L/yr

Last Updated: 19 Oct 2024

Companies similar to Macquarie Group for Senior Associate in Mumbai

Macquarie Group Senior Associate Salary

1 - 5 years exp. (9 salaries)

₹6 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Senior Associate Salary 1 - 9 years exp. (774 salaries)	₹6.3 L/yr - ₹22 L/yr 11% more
Barclays Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8.5 L/yr 35% less
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Deutsche Bank Senior Associate Salary 4 - 11 years exp. (29 salaries)	₹7.2 L/yr - ₹27 L/yr 32% more
UBS Senior Associate Salary 4 - 9 years exp. (20 salaries)	₹7.3 L/yr - ₹27 L/yr 25% more
HSBC Group Senior Associate Salary 1 - 7 years exp. (12 salaries)	₹5.2 L/yr - ₹13.8 L/yr 4% less
Nomura Holdings Senior Associate Salary 4 - 12 years exp. (58 salaries)	₹12.1 L/yr - ₹42 L/yr 116% more	2 job openings
BNP Paribas Senior Associate Salary 1 - 11 years exp. (845 salaries)	₹4.5 L/yr - ₹17.4 L/yr 17% less
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (566 salaries)	₹15 L/yr - ₹48 L/yr 159% more	11 job openings
State Street Corporation Senior Associate Salary 1 - 11 years exp. (351 salaries)	₹3.1 L/yr - ₹10.8 L/yr 51% less	1 job opening
Marsh McLennan Senior Associate Salary 3 - 9 years exp. (330 salaries)	₹2.9 L/yr - ₹6.6 L/yr 60% less
TIAA Global Business Services Senior Associate Salary 9 - 16 years exp. (100 salaries)	₹14.5 L/yr - ₹42.5 L/yr 149% more	4 job openings
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Apex Group Senior Associate Salary 3 - 13 years exp. (93 salaries)	₹5.4 L/yr - ₹17 L/yr 7% less	7 job openings
Citicorp Senior Associate Salary 2 - 9 years exp. (42 salaries)	₹2.4 L/yr - ₹11.6 L/yr 40% less
Ocwen Financial Solutions Senior Associate Salary 3 - 9 years exp. (20 salaries)	₹3.3 L/yr - ₹5.5 L/yr 64% less
Northern Trust Operating Services Senior Associate Salary 7 - 10 years exp. (4 salaries)	₹17.1 L/yr - ₹28 L/yr 46% more	5 job openings
Motilal Oswal Financial Services Senior Associate Salary 0 - 11 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 69% less

Senior Associate salary at Macquarie Group ranges between ₹6 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Macquarie Group.

Experience wise Macquarie Group Senior Associate salaries in Mumbai

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9.5 L/yr - ₹22 L/yr
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹21.9 L/yr
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3 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.8 L/yr
4 years (4 salaries)	₹6.5 L/yr - ₹18 L/yr
5 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹21.5 L/yr

From

Senior Associate

₹

Lakhs/yr

0 - 5 years exp.

Associate Director

₹

Lakhs/yr

15 - 23 years exp.

Senior Associate 0 - 5 years exp.

Executive 2 - 8 years exp.

31% hike

Assistant Manager 4 - 12 years exp.

33% hike

Similar Designation salaries in Macquarie Group

Assistant Vice President Salary

(12 salaries)

₹27 L/yr - ₹41.51 L/yr

Top skills at Macquarie Group for Senior Associate

Asset Management Wealth Management Commodity Trading Leasing Risk Management Financial Services Finance Analytical Reconciliation Operational Risk Market Risk Balance Sheet MS Office SQL Automation

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Macquarie Group Senior Associate Salary FAQs

What is the salary of Senior Associate at Macquarie Group Mumbai?

Senior Associate salary at Macquarie Group in Mumbai ranges between ₹6.0 Lakhs to ₹18.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 19% more than the average Senior Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Macquarie Group Mumbai.

How does the salary of a Senior Associate at Macquarie Group Mumbai compare with the average salary range for this job?

The average salary of a Senior Associate at Macquarie Group is 19% more than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Associate at Macquarie Group?

Asset Management, Wealth Management, Commodity Trading, Leasing and Risk Management are some of the popular skills required to work as a Senior Associate at Macquarie Group Mumbai.

Which similar companies are paying more than Macquarie Group to a Senior Associate in Mumbai?

JPMorgan Chase & Co. Senior Associate Salary - ₹15.0 Lakhs to ₹48.0 Lakhs per year
TIAA Global Business Services Senior Associate Salary - ₹14.5 Lakhs to ₹42.5 Lakhs per year
Nomura Holdings Senior Associate Salary - ₹12.1 Lakhs to ₹42.0 Lakhs per year
Northern Trust Operating Services Senior Associate Salary - ₹17.1 Lakhs to ₹28.0 Lakhs per year
Deutsche Bank Senior Associate Salary - ₹7.2 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Senior Associate in companies similar to Macquarie Group in Mumbai?

UBS Senior Associate Salary - ₹7.3 Lakhs to ₹27.0 Lakhs per year
Morgan Stanley Senior Associate Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
HSBC Group Senior Associate Salary - ₹5.2 Lakhs to ₹13.8 Lakhs per year
Apex Group Senior Associate Salary - ₹5.4 Lakhs to ₹17.0 Lakhs per year
BNP Paribas Senior Associate Salary - ₹4.5 Lakhs to ₹17.4 Lakhs per year

What is the estimated take home salary of a Senior Associate at Macquarie Group in Mumbai?

The estimated take-home salary of a Senior Associate at Macquarie Group ranges between ₹86,181 per month to ₹88,438 per month in Mumbai. The take-home salary calculation is based on the average Macquarie Group Senior Associate salary in India which ranges between ₹6.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at Macquarie Group in Mumbai?

According to AmbitionBox, 100% of the Macquarie Group Senior Associates in Mumbai reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Macquarie Group Senior Associate Salaries in Mumbai

Macquarie Group Senior Associate salary in Mumbai ranges between ₹6 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Macquarie Group latest salaries received from various employees of Macquarie Group.