Magic Edtech Executive Accountant Salaries by 5 Employees

1 - 3 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% less than the average Executive Accountant Salary in IT Services & Consulting Companies for 1 - 3 years of experience

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Last Updated: 15 Mar 2023

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Brillio Executive Accountant Salary 2 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹4.1 L/yr 62% more
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Executive Accountant salary at Magic Edtech ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Magic Edtech.

Experience wise Magic Edtech Executive Accountant salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr

Similar Designation salaries in Magic Edtech

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₹5.4 L/yr - ₹6.3 L/yr

Accounts & Finance Manager Salary

(4 salaries)

₹9 L/yr - ₹30 L/yr

Accounts Payable Analyst Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Accountant Salary

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₹4 L/yr - ₹5.2 L/yr

Accounts Payable Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Accounts & Finance Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Manager-F&A Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Accounts cum Admin Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Data Researcher Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Magic Edtech

Associate QA Lead in Noida

Full Time

Engineering - Software & QA Department

2.0

• posted on 01 Sep 2024

1.0

for Salary and Benefits

Likes

1. Flexible working hours 2. Hybrid working 3. Salary on time

Work-life balance - Excellent

Dislikes

1. Extremely low salary. Salary below market standard 2. Poor appraisal and hr policies 3. Appraisals never happen on time 4. Low appraisals. If you are being promoted to next level then max appraisal will be 50k a year. Avg appraisals are like 3-4 percent. 5. No learning at all.

Salary - Bad

+4 more

Business Development Manager in New Delhi

Full Time

Other Department

1.0

• posted on 14 Feb 2025

1.0

for Salary and Benefits

Likes

Hybrid work only

Dislikes

...o not understand their employees needs and emergency. Make you work on holidays. Do not provide salary slip or experience

Salary - Bad

+5 more

Senior Software Engineer in Noida

Full Time

Engineering - Software & QA Department

1.0

• posted on 10 Oct 2023

4.0

for Salary and Benefits

Likes

There is nothing much to write for this company. While salary is good & above industry standard, this is the only good point.

Salary - Good

Dislikes

Lot of politics. Many things are happening behind back that impacts moral & job security. These back stabbers fill ears of management. Unfortunately I felt that management supported such back stabbers and listened to them without verifying facts. I would strongly recommend if you have other options take those option than to sabotage your career here.

Skill development - Bad

+5 more

Lead Developer in Pune

Full Time

Project & Program Management Department

1.0

• posted on 07 Jul 2023

5.0

for Salary and Benefits

Likes

I believe they were hiring keeping some future project in mind , hence they were open to any salary . They did offer me a nice salary .

Salary - Excellent

Dislikes

1. They have a tracking tool in place , which tracks all your activities . And they need 8 hours of productivity . And they have a list of productive tools / websites which are only considered productive . For example , they dont consider UDEMY as productive , so if u plan on learning new things for the project via udemy , thats not productivity . Like wise for many useful sites , blogs etc . So completing 8 hours is a pain . 2. The upper management will talk nicely , and say we are always there , but when the time comes , u r not the priority , the client is . 3. Please do not get into pearson projects , they are all shit . They will make you do the BAKWASS work , and the pearson team will do all the smart work . 4. At the end i would say , just take the offer and make a counter somewhere else , dont join Magic . 5. Just another bol baccan company 6. Also they dont have a probabtion period , so u r on a 3 month notice period from day 1 . Thats a trap , please dont join Magic

Skill development - Bad

+5 more

Software Engineer in New Delhi

Full Time

UX, Design & Architecture Department

1.0

• posted on 24 Sep 2023

1.0

for Salary and Benefits

Likes

Some leads are good

Dislikes

...job security HR department just don’t bother for employees No good projects They try to replace you with some fresher who has a low package to maintain profitability Definitely terrible company

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Magic Edtech Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Magic Edtech ?

The average salary of a Executive Accountant at Magic Edtech in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Executive Accountant at Magic Edtech earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Executive Accountant Salaries at Magic Edtech 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 5 Magic Edtech employees in India.

What is the estimated take home salary of a Executive Accountant at Magic Edtech in India?

The estimated take-home salary of a Executive Accountant at Magic Edtech in India typically ranges from ₹15,991 to ₹17,644 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 salaries received from various employees of Magic Edtech. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magic Edtech for Executive Accountant in India?

Photon Interactive	₹22.2 Lakhs to ₹45.0 Lakhs per year
HERE Technologies	₹9.3 Lakhs to ₹14.0 Lakhs per year
Evalueserve	₹5.7 Lakhs to ₹6.0 Lakhs per year
CitiusTech	₹3.6 Lakhs to ₹7.0 Lakhs per year
Xoriant	₹4.8 Lakhs to ₹5.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magic Edtech, depending on the role and experience level.

What is the salary of a Executive Accountant in companies similar to Magic Edtech in India?

The salary of a Executive Accountant at companies similar to Magic Edtech in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Encora	₹3.4 Lakhs to ₹5.5 Lakhs per year
HTC Global Services	₹2.7 Lakhs to ₹5.9 Lakhs per year
Bristlecone	₹3.6 Lakhs to ₹5.2 Lakhs per year
Iris Software	₹3.2 Lakhs to ₹4.5 Lakhs per year
Apexon	₹3.3 Lakhs to ₹4.3 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 Executive Accountant at Magic Edtech in India?

The salary growth for a Executive Accountant at Magic Edtech depends on factors such as experience, performance, and promotions. On average, a Executive Accountant can expect the following growth trajectory at Magic Edtech:

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.3 Lakhs per year

and so on.

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Magic Edtech Executive Accountant Salaries

Magic Edtech Executive Accountant salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magic Edtech latest salaries received from various employees of Magic Edtech.