MB Fund Administration Assistant Manager Salaries by 6 Employees (Updated 2024)

6 - 13 years exp.

₹5.4 Lakhs - ₹9.5 Lakhs

Salary of majority employees

At par with the average Assistant Manager Salary in Financial Services Companies for 6 - 13 years of experience

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Last Updated: 6 Jul 2023

Companies similar to MB Fund Administration for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Bank of America Assistant Manager Salary 2 - 18 years exp. (1.9k salaries)	₹7 L/yr - ₹26 L/yr 90% more	4 job openings
Bajaj Finance Assistant Manager Salary 0 - 13 years exp. (1.4k salaries)	₹1.5 L/yr - ₹8.5 L/yr 45% less
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Citibank Assistant Manager Salary 1 - 15 years exp. (1.2k salaries)	₹5.3 L/yr - ₹18.8 L/yr 33% more
Barclays Assistant Manager Salary 2 - 15 years exp. (973 salaries)	₹6.7 L/yr - ₹25 L/yr 65% more
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (905 salaries)	₹5.1 L/yr - ₹18 L/yr 34% more	6 job openings
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Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 10 years exp. (388 salaries)	₹1.9 L/yr - ₹6.2 L/yr 51% less
DBS Bank Assistant Manager Salary 3 - 10 years exp. (315 salaries)	₹2.5 L/yr - ₹9.4 L/yr 30% less
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Reliance Nippon Life Insurance Assistant Manager Salary 1 - 11 years exp. (186 salaries)	₹2 L/yr - ₹8 L/yr 56% less
SS&C TECHNOLOGIES Assistant Manager Salary 2 - 12 years exp. (177 salaries)	₹5.2 L/yr - ₹19.3 L/yr 38% more
Thomson Reuters Assistant Manager Salary 7 - 15 years exp. (89 salaries)	₹8 L/yr - ₹28 L/yr 113% more
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Assistant Manager salary at MB Fund Administration ranges between ₹5.4 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of MB Fund Administration.

Experience wise MB Fund Administration Assistant Manager salaries

Last Updated: 6 Jul 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹13.8 L/yr
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹15.4 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.6 L/yr

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Similar Designation salaries in MB Fund Administration

Deputy Manager Salary

(7 salaries)

₹7.5 L/yr - ₹9.53 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Salary related reviews for MB Fund Administration

3.0

Rated by 1 employees for salary & benefits

Assistant Manager - Private Equity in Noida

PMR Team Department

1.0

• posted on 31 Jul 2022

2.0

for Salary and Benefits

Likes

Learning is good

Dislikes

Company culture is very bad, infrastructure very poor, management biased, lack of transparency, salary far below from industry average, unnecessarily pressurising subordinates, company policy not followed by management, company policy keeps changing as per management’s discretion, no appreciation of good work, demotivating subordinates etc.

Fund Accountant in Noida

Full Time

Fund Accounting Department

5.0

• posted on 14 May 2021

2.0

for Salary and Benefits

Likes

You will learn a lot, in private equity domain. When they say they have “END TO END” workflow of private equity fund accounting, they really mean it. So the scope of learning here is tremendous. You won’t find any other company like this in terms of learning. Highly recommended to Start your career with this company to get a experience. Work life balance, you may need to stretch a little but that too on just in month n quarter ends Increments are okay, they will give you enough to beat inflation Gives Indian holidays

Dislikes

Culture is just okay, nothing great. No tissue paper in washroom ( Management!! if you are seeing this post, Please consider to keep at least that available in washroom )

Manager in Noida

Finance & Accounting Department

2.0

• posted on 21 Apr 2022

2.0

for Salary and Benefits

Likes

Few people are good in the company due to which people are still dragging their job

Dislikes

Professionalism is on convenience basis, Comany believes in cost cutting and want to get maximum output from emlpoyees.Even the basic employee benifits are ignored for example medical insurance, EPF and basic requirement like napkins in the washrooms are not available . Please be mindful before joining

Financial Accountant in Noida

Finance & Accounting Department

4.0

• posted on 01 Aug 2021

4.0

for Salary and Benefits

Likes

MB is very good company to start career. I learnt a lot from there. Mine is a US based client and all seniors were very supportive. Overall it is nice company.

Dislikes

Nothing, but sometime work pressure was very high. other wise everything was good.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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MB Fund Administration Assistant Manager Salary FAQs

What is the salary of Assistant Manager at MB Fund Administration?

Assistant Manager salary at MB Fund Administration in India ranges between ₹5.4 Lakhs to ₹9.5 Lakhs for experience between 6 years to 13 years. According to our estimates it is 4% more than the average Assistant Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of MB Fund Administration India.

How does the salary of a Assistant Manager at MB Fund Administration India compare with the average salary range for this job?

The average salary of a Assistant Manager at MB Fund Administration is 4% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MB Fund Administration to a Assistant Manager in India?

Allstate Assistant Manager Salary - ₹11.0 Lakhs to ₹42.0 Lakhs per year
Synechron Assistant Manager Salary - ₹9.4 Lakhs to ₹33.0 Lakhs per year
Thomson Reuters Assistant Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
Bank of America Assistant Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
BA Continuum Assistant Manager Salary - ₹7.2 Lakhs to ₹23.1 Lakhs per year

What is the salary of a Assistant Manager in companies similar to MB Fund Administration in India?

Barclays Assistant Manager Salary - ₹6.7 Lakhs to ₹25.0 Lakhs per year
Incedo Assistant Manager Salary - ₹5.7 Lakhs to ₹21.6 Lakhs per year
PhonePe Assistant Manager Salary - ₹5.5 Lakhs to ₹21.5 Lakhs per year
Temenos Assistant Manager Salary - ₹7.5 Lakhs to ₹18.0 Lakhs per year
SS&C TECHNOLOGIES Assistant Manager Salary - ₹5.2 Lakhs to ₹19.3 Lakhs per year

What is the estimated take home salary of a Assistant Manager at MB Fund Administration in India?

The estimated take-home salary of a Assistant Manager at MB Fund Administration ranges between ₹63,799 per month to ₹65,424 per month in India. The take-home salary calculation is based on the average MB Fund Administration Assistant Manager salary in India which ranges between ₹5.4 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at MB Fund Administration?

According to AmbitionBox, 100% of the MB Fund Administration Assistant Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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MB Fund Administration Assistant Manager Salaries

MB Fund Administration Assistant Manager salary in India ranges between ₹5.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 MB Fund Administration latest salaries received from various employees of MB Fund Administration.