Marwadi Shares & Finance Mumbai Associate Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹8.5 Lakhs - ₹18 Lakhs

Salary of majority employees

72% more than the average Associate Salary in Financial Services Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 3 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr
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Finance & Accounting Associate Salary 4 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 9 Mar 2025

Companies similar to Marwadi Shares & Finance for Associate in Mumbai

Marwadi Shares & Finance Associate Salary

3 - 5 years exp. (4 salaries)

₹8.5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
MSCI Associate Salary 2 - 9 years exp. (299 salaries)	₹8.4 L/yr - ₹35 L/yr 49% more	1 job opening
Edelweiss Associate Salary 0 - 9 years exp. (261 salaries)	₹2.1 L/yr - ₹12 L/yr 49% less
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JM Financial Associate Salary 0 - 14 years exp. (155 salaries)	₹3.9 L/yr - ₹13.8 L/yr 38% less
LKP Securities Associate Salary 1 year exp. (13 salaries)	₹14 L/yr - ₹46.5 L/yr 97% more	1 job opening
ICRA Associate Salary 0 - 9 years exp. (6 salaries)	₹2.1 L/yr - ₹5 L/yr 73% less
Sharekhan Associate Salary 0 - 7 years exp. (4 salaries)	₹7.8 L/yr - ₹18.5 L/yr 22% less

Associate salary at Marwadi Shares & Finance ranges between ₹8.5 Lakhs to ₹18 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Marwadi Shares & Finance.

Experience wise Marwadi Shares & Finance Associate salaries in Mumbai

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
4 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
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5 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in Marwadi Shares & Finance

Derivatives Trader Salary

(8 salaries)

₹2.65 L/yr - ₹12 L/yr

Salary related reviews for Marwadi Shares & Finance

Manager in Rajkot

Full Time

Media Production & Entertainment Department

1.0

• posted on 12 Feb 2025

1.0

for Salary and Benefits

Likes

Promoters are very good and ethical.

Job security - Excellent

+1 more

Dislikes

This company provides job security only. Company Salary avg is 20k. Vision of Expansion of business isn't there. What ever happens people in this org don't want to adapt to new things that are coming in the market. HR does only clerical work. work force in this org is very ordinary and simple minded. they like to stick to their routine years after years. avg tenure in this org is 15 to 20 years.

Salary - Bad

+4 more

Mean Stack Developer in Rajkot

Full Time

Engineering - Software & QA Department

5.0

• posted on 15 Feb 2025

3.0

for Salary and Benefits

Likes

Work life culture, friendly co-employee, skill development, Job security etc. Salary on time, Good Work hours and time.

Skill development - Good

+4 more

Dislikes

They wanted to be flexible in terms of working technologies. They should go with new tech things available in the market.

Quantitative Trader in Mumbai

Finance & Accounting Department

1.0

• posted on 15 Jun 2020

1.0

for Salary and Benefits

Likes

Working at MSFL is great , they have provided the employees with WFH which is very great in these times(COVID-19). Work-Life balance is great over here. One best thing is the team , the unity and team balance is very nice.Every team member supports each other at any point of time.

Job security - Good

+2 more

Dislikes

...h for me . Appraisal is done only if they think you are valuable to the company. I had a very bad experience regarding Appraisal/Bonus. They do not look after their employees especially freshers and less experience employees.

Salary - Bad

+1 more

Assistant Manager in Rajkot

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2023

4.0

for Salary and Benefits

Likes

Strong reputation and for quality service and reliability, Positive work culture, Opportunities for growth and developments etc...............

Salary - Good

+5 more

Dislikes

Micromanagements, Lack of communication, favoritism, workload etc.............

Dealer RM in Ankleshwar

Full Time

Marketing & Communication Department

4.0

• posted on 22 Dec 2020

4.0

for Salary and Benefits

Likes

Very Good company have job security, work culture depends on how you handle your team or seniors. But best for learning and improving your skills.

Salary - Good

+5 more

Dislikes

No overall is good.. But as usual pressure for work.. But it's common in financial jobs

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Marwadi Shares & Finance Associate Salary FAQs

What is the salary of Associate at Marwadi Shares & Finance in Mumbai?

The average salary of a Associate at Marwadi Shares & Finance in Mumbai typically ranges from ₹8.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Associate in Mumbai at Marwadi Shares & Finance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Associate Salaries at Marwadi Shares & Finance 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 4 Marwadi Shares & Finance employees in India.

What is the estimated take home salary of a Associate at Marwadi Shares & Finance in Mumbai?

The estimated take-home salary of a Associate at Marwadi Shares & Finance in Mumbai typically ranges from ₹95,489 to ₹98,064 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Marwadi Shares & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Marwadi Shares & Finance for Associate in India?

LKP Securities	₹14.0 Lakhs to ₹46.5 Lakhs per year
MSCI	₹8.4 Lakhs to ₹35.0 Lakhs per year

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

What is the salary of a Associate in companies similar to Marwadi Shares & Finance in Mumbai?

The salary of a Associate at companies similar to Marwadi Shares & Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sharekhan	₹7.8 Lakhs to ₹18.5 Lakhs per year
JM Financial	₹3.9 Lakhs to ₹13.8 Lakhs per year
Edelweiss	₹2.1 Lakhs to ₹12.0 Lakhs per year
ICRA	₹2.1 Lakhs to ₹5.0 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 Associate at Marwadi Shares & Finance in Mumbai?

The salary growth for a Associate at Marwadi Shares & Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Marwadi Shares & Finance:

Experience	Average Salary Range
3 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
4 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
5 years	₹16.2 Lakhs to ₹20.7 Lakhs per year

and so on.

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Marwadi Shares & Finance Associate Salaries in Mumbai

Marwadi Shares & Finance Associate salary in Mumbai ranges between ₹8.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Marwadi Shares & Finance latest salaries received from various employees of Marwadi Shares & Finance.