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Motilal Oswal Financial Services Associate salaries in Mumbai

Annual salary range
0 - 3 years exp.
₹2.5 Lakhs - ₹3.7 Lakhs
Salary of majority employees
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58% less than the average Associate Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
0 - 1 year exp. (5 salaries)
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₹2.6 L/yr - ₹3.5 L/yr

Finance & Accounting
Associate Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.7 L/yr

Consulting
Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.8 L/yr

Last Updated: 18 Dec 2024

Companies similar to Motilal Oswal Financial Services for Associate in Mumbai

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Motilal Oswal Financial Services Associate Salary

0 - 3 years exp. (8 salaries)

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₹2.5 L/yr - ₹3.7 L/yr

vs
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IIFL Securities Associate Salary

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MSCI Associate Salary

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JM Financial Associate Salary

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₹3.6 L/yr - ₹13.2 L/yr

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Aditya Birla Capital Associate Salary

0 - 6 years exp. (13 salaries)

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₹2.1 L/yr - ₹6 L/yr

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Bajaj Finserv Associate Salary

1 - 2 years exp. (4 salaries)

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₹1.2 L/yr - ₹2.9 L/yr

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Motilal Oswal Associate Salary

1 - 7 years exp. (3 salaries)

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₹5 L/yr - ₹40 L/yr

arrow icon 475% more
Associate salary at Motilal Oswal Financial Services ranges between ₹2.5 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Motilal Oswal Financial Services.

Latest annual salaries shared by Motilal Oswal Financial Services Associate in Mumbai

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Experience wise Motilal Oswal Financial Services Associate salaries in Mumbai

Last Updated: 18 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.6 L/yr - ₹3.5 L/yr
1 year  (4 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹6.7 L/yr

Similar Designation salaries in Motilal Oswal Financial Services

Team Lead Salary
(88 salaries)
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₹2.25 L/yr - ₹9 L/yr
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₹3.25 L/yr - ₹11.86 L/yr
Technical Lead Salary
(3 salaries)
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₹15 L/yr - ₹22 L/yr
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₹5.5 L/yr - ₹12.31 L/yr
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₹3.75 L/yr - ₹4.8 L/yr

Top skills at Motilal Oswal Financial Services for Associate

Financial Modelling Equity Research Report Writing Investor relations

Salary related reviews for Motilal Oswal Financial Services

1.7

Rated by 3 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Dec 2024

3.0
 for  Salary and Benefits

Likes

The team are very good.

Dislikes

...way of talking and words are delivered by Reporting Managers are very dessarter. At the time of appraisal don't hiked the salary as the targets are overachieved.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 12 Dec 2024

3.0
 for  Salary and Benefits

Likes

1. Best learning environment 2. Supporting team members & reporting managers. 3. Growth mindset for business & in personal level 4. Work satisfaction & key focus on work life balance

read more
  • Skill development - Excellent
  • +4 more

Dislikes

1. Base salary structure should be improved. 2. More dependent on variable pay/incentive 3. 2 years waiting period to get the promotion/role change.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Nov 2024

2.0
 for  Salary and Benefits

Likes

Nothing is there to like except timely salary credit

Dislikes

Its a fraud company who is recruiting employees just to acquire customer base by doing mis commitment and false promises. Mingy Management will never listen us. worst HR I have ever seen in corporates. Do not recommend to join under the leadership of Manish Saluja or navnit bagri. After 6 months they will threat you by saying if you are not acquiring new customers then leave this company immediately

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Nov 2024

5.0
 for  Salary and Benefits

Likes

Employees often appreciate Motilal Oswal Financial Services for its excellent learning opportunities, supportive work environment, career growth prospects, comprehensive training programs, and recognition of performance. You don't have to get ur own Client base and work on them where elsewhere u have to source clients and trade brokrage on them. Hr priya yadav and sayli unni are super professional and helpful in all cases , Motilal Oswal is employee oriented they think about employees but TLS think about their incentive hence pressure is there , likewise. People are friendly supportive

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  • Salary - Excellent
  • +6 more

Dislikes

Employees often dislike the high work pressure, aggressive sales targets, below-industry-average compensation for some roles, and limited work-life balance. It's purely sales sales sales sales like insurance, tgs , sip , pms , and brokerage pressure is very much , like fno and brokerage is very high , client definitely goes in loss and end up losing hard earned money , that's where I felt i should leave because charging so high brokerage it gets hard to provide service to client and profits too , market is uncertain no guarantee client will trade or not still we employee have immense pressure to work and get business, sometimes TLS also pressure alot , salary when I joined was less , and they hire everyone like freshers with no market experience and no interest in this field in this case the client suffers.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Nov 2024

1.0
 for  Salary and Benefits

Likes

Nothing is good here in this organisation If you want your life to be a hell then only join this organisation you will regret every second of your life this is a fraud company for employees. Country sales head Rishi Cobra is such a bu gger. This fraud company just want to get sales done from employees even at the cost of their lives

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Dislikes

... any notice and you would have to worry about feeding your family from next day. - There is a strict attendance policy and if you reach late hy even a sec you would not get salary for that day - There is a strict rule of doing 2 client visits everyday without any leads being provided and you would be left on your own on the road to do sales and if you miss to to do two client visits any given day your salary will be deducted. Afte the client visits call will be made to the client to check if the manager had visited them and even they will check which color they were wearing. Such kind of cheap tactics is done by them to micromanage their employees. - my two cents for anyone looking to change their jobs don’t even consider joining this company and leaving your stable job. - I used to watch Mr agrawal and used to watch him on news channels and used to think that the company would be ethical but I was wrong and this company would go to any extent to do illegal things.

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

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Motilal Oswal Financial Services Associate Salary FAQs

What is the salary of Associate at Motilal Oswal Financial Services Mumbai?
Associate salary at Motilal Oswal Financial Services in Mumbai ranges between ₹2.5 Lakhs to ₹3.7 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 58% less than the average Associate Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Motilal Oswal Financial Services Mumbai.
How does the salary of a Associate at Motilal Oswal Financial Services Mumbai compare with the average salary range for this job?
The average salary of a Associate at Motilal Oswal Financial Services is 58% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at Motilal Oswal Financial Services?
Financial Modelling, Equity Research, Report Writing and Investor relations are some of the popular skills required to work as a Associate at Motilal Oswal Financial Services Mumbai.
Which similar companies are paying more than Motilal Oswal Financial Services to a Associate in Mumbai?
  • JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹36.0 Lakhs per year
  • Motilal Oswal Associate Salary - ₹5.0 Lakhs to ₹40.0 Lakhs per year
  • MSCI Associate Salary - ₹8.5 Lakhs to ₹32.3 Lakhs per year
  • IIFL Securities Associate Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
  • ICICI Securities Associate Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year
What is the salary of a Associate in companies similar to Motilal Oswal Financial Services in Mumbai?
  • JM Financial Associate Salary - ₹3.6 Lakhs to ₹13.2 Lakhs per year
  • Sharekhan Associate Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year
  • Edelweiss Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
  • Aditya Birla Capital Associate Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
  • Angel One Associate Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Associate at Motilal Oswal Financial Services in Mumbai?
The estimated take-home salary of a Associate at Motilal Oswal Financial Services ranges between ₹25,799 per month to ₹27,226 per month in Mumbai. The take-home salary calculation is based on the average Motilal Oswal Financial Services Associate salary in India which ranges between ₹2.5 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Associate at Motilal Oswal Financial Services in Mumbai?
According to AmbitionBox, 75% of the Motilal Oswal Financial Services Associates in Mumbai reported a notice period of 15 days or less, 25% reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Motilal Oswal Financial Services Associate salary in Mumbai ranges between ₹2.5 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.