MB Fund Administration Entry Level Salaries by Employees (Updated 2024)

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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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Salary related reviews for MB Fund Administration

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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