MSTC Cost Trainee Salaries by 7 Employees

0 - 2 years exp.

₹1.2 Lakh - ₹1.8 Lakh

Salary of majority employees

37% less than the average Cost Trainee Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 19 May 2023

Companies similar to MSTC for Cost Trainee

Company name	Avg Annual Salary	Open Jobs
Indian Oil Corporation Cost Trainee Salary 0 - 6 years exp. (36 salaries)	₹2 L/yr - ₹3 L/yr 79% more
Colgate Palmolive Cost Trainee Salary 0 - 3 years exp. (22 salaries)	₹3 L/yr - ₹5.5 L/yr 184% more
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Mazagon Dock Cost Trainee Salary 0 - 3 years exp. (18 salaries)	₹1.8 L/yr - ₹2.5 L/yr 40% more
Food Corporation of India Cost Trainee Salary 0 - 4 years exp. (17 salaries)	₹1.2 L/yr - ₹2.2 L/yr 20% more
Garden Reach Shipbuilders & Engineers Cost Trainee Salary 0 - 3 years exp. (16 salaries)	₹1.2 L/yr - ₹2 L/yr 8% more

Cost Trainee salary at MSTC ranges between ₹1.2 Lakh to ₹1.8 Lakh per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of MSTC.

Experience wise MSTC Cost Trainee salaries

Last Updated: 19 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.6 L/yr
1 year (3 salaries)	₹1.2 L/yr - ₹1.6 L/yr
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2 years (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr

Similar Designation salaries in MSTC

Management Trainee Salary

(6 salaries)

₹14.32 L/yr - ₹14.35 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Costing Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Deputy Manager Salary

(13 salaries)

₹14 L/yr - ₹18 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹37.8 L/yr - ₹48.3 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for MSTC

5.0

Rated by 1 employees for salary & benefits

ANONYMOUS in Chennai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 05 Aug 2023

5.0

for Salary and Benefits

Likes

LIKES: SALARY, DOMICILIARY AS WELL AS IP MEDICAL BENEFITS, INTERNET AND MOBILE BILL REIMBURSEMENT, OFFICE IN MAJOR CITY AND GOOD LOCATION.

Salary - Excellent

+2 more

Dislikes

SMALL ORGANIZATION WITH A FEW STAFFS, OLD AND UNSUSTAINABLE BUSINESS MODEL WITH HEAVY COMPETITION FROM GOVERNMENT ITSELF.

Skill development - Poor

Management Trainee in Kolkata

Full Time

Human Resources Department

4.0

• posted on 07 Apr 2022

3.0

for Salary and Benefits

Likes

Good work environment and cuture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

Skill development - Good

+4 more

Dislikes

There is a lot of politics and the management doesn't address for Trainee's issues. Stipend is decent.

CMA Trainee in Kolkata

Intern

Finance & Accounting Department

4.0

• posted on 01 Dec 2023

4.0

for Salary and Benefits

Likes

Seniors behaviour with trainee is very friendly. Trainees even can study at office in their free time. Work culture is great for the trainees.

Salary - Good

+4 more

Dislikes

Nothing as such as a trainee, but the learning scope is not huge. In the full time employment level, the workload is not distributed to everyone appropriately. Office politics are present in many cases.

Junior Computer Assistant in Kolkata

Finance & Accounting Department

3.0

• posted on 03 May 2018

3.0

for Salary and Benefits

Likes

It's a Government of India PSU under Ministry of Steel so very comfortable secure job with very lesser job responsibilities.

Job security - Excellent

+1 more

Dislikes

Being a Government Company, job responsibilities, career growth, opportunities etc will be based on seniority which actually takes a long time and your performance hardly takes you anywhere

Skill development - Poor

+2 more

General Manager Finance in Kolkata

Procurement & Supply Chain Department

4.0

• posted on 06 Dec 2017

5.0

for Salary and Benefits

Likes

THE COMPANY HAS CURRENTLY GIVEN EMPHASIS ON E-COMMERCE BUSINESS AND IS OPEN TO DEVELOP THE E-COMMERCE PLATFORM IN HOUSE. MARKETING DEPARTMENT HAS ALSO DEVELOPED INNOVATIVE IDEAS TO DO BUSINESS BASED ON RISK MANAGEMENT POLICY OF THE COMPANY.

Salary - Excellent

+6 more

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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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MSTC Cost Trainee Salary FAQs

What is the salary of Cost Trainee at MSTC ?

The average salary of a Cost Trainee at MSTC in India typically ranges from ₹1.2 Lakhs to ₹1.8 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Cost Trainee at MSTC earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Cost Trainee Salaries at MSTC 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 7 MSTC employees in India.

What is the estimated take home salary of a Cost Trainee at MSTC in India?

The estimated take-home salary of a Cost Trainee at MSTC in India typically ranges from ₹10,182 to ₹11,278 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹1.8 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 7 salaries received from various employees of MSTC. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MSTC for Cost Trainee in India?

Colgate Palmolive	₹3.0 Lakhs to ₹5.5 Lakhs per year
Indian Oil Corporation	₹2.0 Lakhs to ₹3.0 Lakhs per year
Mazagon Dock	₹1.8 Lakhs to ₹2.5 Lakhs per year
Food Corporation of India	₹1.2 Lakhs to ₹2.2 Lakhs per year
Garden Reach Shipbuilders & Engineers	₹1.2 Lakhs to ₹2.0 Lakhs per year

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

How the salary growth look like for a Cost Trainee at MSTC in India?

The salary growth for a Cost Trainee at MSTC depends on factors such as experience, performance, and promotions. On average, a Cost Trainee can expect the following growth trajectory at MSTC:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹2.6 Lakhs per year
1 year	₹1.2 Lakhs to ₹1.6 Lakhs per year
2 years	₹1.4 Lakhs to ₹1.8 Lakhs per year

and so on.

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MSTC Cost Trainee Salaries

MSTC Cost Trainee salary in India ranges between ₹1.2 Lakh to ₹1.8 Lakh with an average annual salary of ₹. Salary estimates are based on 7 MSTC latest salaries received from various employees of MSTC.