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MagicBricks Management Trainee salaries in India

Annual salary range
0 - 2 years exp.
₹5.3 Lakhs - ₹17 Lakhs
Salary of majority employees
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60% more than the average Management Trainee Salary in Internet Companies for 0 - 2 years of experience

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Salaries in different departments

Sales & Business Development
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Marketing & Communication
Management Trainee Salary
Fresher (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 23 Nov 2023

Companies similar to MagicBricks for Management Trainee

Company name Avg Annual Salary Open Jobs
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Square Yards Management Trainee Salary

0 - 1 year exp. (53 salaries)

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₹3 L/yr - ₹5.3 L/yr

arrow icon 66% less
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StoreKing Management Trainee Salary

0 - 1 year exp. (10 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 57% less
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Zolo Management Trainee Salary

0 - 3 years exp. (5 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 29% less
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₹2.3 L/yr - ₹4.3 L/yr

arrow icon 71% less
1 job opening
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Chai Point Management Trainee Salary

0 - 1 year exp. (4 salaries)

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₹11.1 L/yr - ₹11.8 L/yr

arrow icon 2% less
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₹4 L/yr - ₹9 L/yr

arrow icon 51% less
Management Trainee salary at MagicBricks ranges between ₹5.3 Lakhs to ₹17 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of MagicBricks.

Latest annual salaries shared by MagicBricks Management Trainee

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Experience wise MagicBricks Management Trainee salaries

Last Updated: 23 Nov 2023

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹4 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr
2 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹17 L/yr

Similar Designation salaries in MagicBricks

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₹3.5 L/yr - ₹5.1 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Team Lead Salary
(87 salaries)
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₹2.75 L/yr - ₹10.06 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Analyst Salary
(4 salaries)
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₹5.2 L/yr - ₹7 L/yr
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₹2.15 L/yr - ₹8.5 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Deputy Manager Salary
(4 salaries)
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₹6.1 L/yr - ₹10.5 L/yr
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₹1.65 L/yr - ₹4.5 L/yr

Top skills at MagicBricks for Management Trainee

B2B Sales Account Management Corporate Sales Sales Strategy Business Development Direct Sales Sales Account Real Estate

Salary related reviews for MagicBricks

4.4

Rated by 5 employees for salary & benefits

Intern

 · 

Finance & Accounting Department

4.0
  •  posted on 12 Mar 2025

4.0
 for  Salary and Benefits

Likes

There is good thing like able to develop skills working there, salary base is decent for the work as intern , can actually balance the life with work and other things

read more
  • Salary - Good
  • +6 more

Dislikes

There is not lot as in dislike apparently everything is moderate , and there is not such term to dislike!!

Home loan process Department

1.0
  •  posted on 26 Dec 2021

1.0
 for  Salary and Benefits

Likes

It is terrible to work with magicbricks. Seniors are not supportive at all. They are just taking their salary and removing people from the company who genuinely wants to work and HR and CEO doesn't take any interest in hearing from employee side. It is better to stay unemployed while deciding to go to magicbricks.

read more

Dislikes

Nothing is worth liking in magicbricks.It is terrible working there.

  • Salary - Bad
  • +6 more

Other Department

3.0
  •  posted on 23 May 2020

4.0
 for  Salary and Benefits

Likes

The company is good enough to start off your journey as a fresher they offer average salary 6 days working with rotational off, However generating lead pressure is far higher than what you actually can think of seems monotonous after working long period of time salary on time full politics culture no growths will remain the agent for a long time

read more
  • Salary - Good
  • +2 more

Dislikes

Compansation is good

  • Promotions - Poor
  • +1 more

Sales & Business Development Department

1.0
  •  posted on 18 Jun 2020

3.0
 for  Salary and Benefits

Likes

Company kicks many employess in 2nd month of lockdown in april and regullary company want salary into 20 times business .. never expect this from magicbricks times of india

read more

Dislikes

Ur boss is boss .. u even cant give suggession

  • Job security - Bad
  • +2 more

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 14 Feb 2025

1.0
 for  Salary and Benefits

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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MagicBricks Management Trainee Salary FAQs

What is the salary of Management Trainee at MagicBricks ?
The average salary of a Management Trainee at MagicBricks in India typically ranges from ₹5.3 Lakhs to ₹17.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at MagicBricks earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Management Trainee Salaries at MagicBricks 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 MagicBricks employees in India.
What is the estimated take home salary of a Management Trainee at MagicBricks in India?
The estimated take-home salary of a Management Trainee at MagicBricks in India typically ranges from ₹83,172 to ₹85,345 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 MagicBricks. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Management Trainee at MagicBricks ?
To be a Management Trainee at MagicBricks in india, the key skills required include:

  • - B2B Sales
  • - Account Management
  • - Corporate Sales
  • - Sales Strategy
  • - Business Development

These skills are highly valued at MagicBricks and are crucial for successful performance in a Software Engineering role.
What is the salary of a Management Trainee in companies similar to MagicBricks in India?
The salary of a Management Trainee at companies similar to MagicBricks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Chai Point ₹11.1 Lakhs to ₹11.8 Lakhs per year
Zolo ₹3.5 Lakhs to ₹14.0 Lakhs per year
Verse Innovation ₹4.0 Lakhs to ₹9.0 Lakhs per year
StoreKing ₹3.0 Lakhs to ₹8.0 Lakhs per year
Square Yards ₹3.0 Lakhs to ₹5.3 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 Management Trainee at MagicBricks in India?
The salary growth for a Management Trainee at MagicBricks depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at MagicBricks:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹10.0 Lakhs per year
1 year ₹10.5 Lakhs to ₹13.4 Lakhs per year
2 years ₹6.4 Lakhs to ₹17.0 Lakhs per year
and so on.

Tell us how to improve this page.

MagicBricks Management Trainee salary in India ranges between ₹5.3 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 MagicBricks latest salaries received from various employees of MagicBricks.