Upload Button Icon Add office photos
filter salariesFilter salaries by

Multi Commodity Exchange of India Business Analyst salaries in Mumbai

Annual salary range
2 - 10 years exp.
₹6.9 Lakhs - ₹9.5 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

24% less than the average Business Analyst Salary in Financial Services Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Data Science & Analytics
Business Analyst Salary
2 - 10 years exp. (5 salaries)
unlock-blur

₹6.9 L/yr - ₹9.5 L/yr

Product Management
Business Analyst Salary
7 years exp. (AmbitionBox Estimate)
unlock-blur

₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 4 Apr 2024

Companies similar to Multi Commodity Exchange of India for Business Analyst in Mumbai

Logo
Multi Commodity Exchange of India Business Analyst Salary

2 - 10 years exp. (6 salaries)

unlock blur

₹6.9 L/yr - ₹9.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
5paisa Capital Ltd. Business Analyst Salary

0 - 6 years exp. (9 salaries)

unlock blur

₹5 L/yr - ₹12 L/yr

arrow icon 12% more
Logo
ICRA Business Analyst Salary

9 - 14 years exp. (5 salaries)

unlock blur

₹15.5 L/yr - ₹30 L/yr

arrow icon 146% more
unlock blur

₹4 L/yr - ₹11 L/yr

arrow icon 8% more
Logo
TCS Business Analyst Salary

0 - 13 years exp. (1.1k salaries)

unlock blur

₹3.8 L/yr - ₹15 L/yr

arrow icon 13% more
Logo
Accenture Business Analyst Salary

0 - 11 years exp. (377 salaries)

unlock blur

₹4.5 L/yr - ₹17 L/yr

arrow icon 26% more
63 job openings
Business Analyst salary at Multi Commodity Exchange of India ranges between ₹6.9 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Multi Commodity Exchange of India.

Latest annual salaries shared by Multi Commodity Exchange of India Business Analyst in Mumbai

1y ago
₹9 Lakhs
7 years exp.

Experience wise Multi Commodity Exchange of India Business Analyst salaries in Mumbai

Last Updated: 4 Apr 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹6.1 L/yr - ₹7.8 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹6.2 L/yr - ₹7.9 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹6.5 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹6.8 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹7.2 L/yr - ₹9.2 L/yr
View all

Similar Designation salaries in Multi Commodity Exchange of India

unlock blur
₹15 L/yr - ₹18 L/yr
unlock blur
₹7.5 L/yr - ₹16 L/yr
unlock blur
₹6 L/yr - ₹7.8 L/yr

Top skills at Multi Commodity Exchange of India for Business Analyst

Project Delivery MS Office bfsi Production Support IT Business Analysis Capital Markets System Design Operations Trade Development Business Analysis SDLC

Salary related reviews for Multi Commodity Exchange of India

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 11 Mar 2025

5.0
 for  Salary and Benefits

Likes

Job security is very good and the salary is flat one here. Work life balance is also good if you live nearby. Generous in giving holidays.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Most of the core work is outsourced to TCS and hence only mindless mediocre DS work is there.

  • Work satisfaction - Poor

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 24 Dec 2024

1.0
 for  Salary and Benefits

Likes

With 100% job security, you'll often find unskilled individuals who have remained in their positions for a long time. Being on higher position they don't have any knowledge a part from their current role.

read more
  • Job security - Excellent

Dislikes

Qualified people will be sidelined. They will recruit people from outside with higher salary whome people working at lower position will train. But people working from long time with good qualification will not be promoted in name of Policy issue. Because of that you will see in every department skillful people leaving in a tenure of 1-3 years.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Other Department

4.0
  •  posted on 28 Jul 2023

2.0
 for  Salary and Benefits

Likes

Good Work Life Balance. If you want to feel like Government Employee then this is the right company for you.

  • Job security - Excellent
  • +1 more

Dislikes

... them. No innovative ideas are exchanged or entertained by senior management. People work here only because salary gets credited on time. They have no motive of doing anything. Whole company is full of people who has attained the age of retirement so you won't find enthusiastic people who are focused in their career. Company is spending crores of rupees for development of the project but none of the employees is willing to make that project go live. Even if someone finds you working on that project then they'll do everything in their hands to stop you from working on that project.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 03 May 2023

1.0
 for  Salary and Benefits

Likes

For people who have drive to learn and become something, there is a lot of domain knowledge to absorb.

  • Skill development - Good
  • +1 more

Dislikes

...r professional misconduct about these senior VPs is first intimated to them😂 Dev team is sacrificial lamb working 12-13 hours a day at hilarious salary. Although the dev management recently had upgraded for better now.

read more
  • Salary - Bad
  • +4 more

BFSI, Investments & Trading Department

4.0
  •  posted on 19 Jun 2019

4.0
 for  Salary and Benefits

Likes

... extensive travel and enjoying it. Learning is great. Work life balance is good. Salary is satisfactory but not up to the mark as per job responsibilities. Higher level package is unnecessaryly high. But overall is wonderful experience.

read more
  • Salary - Good
  • +6 more

Dislikes

Promotion policy is not good, that's like govt sector.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Multi Commodity Exchange of India Business Analyst Salary FAQs

What is the salary of Business Analyst at Multi Commodity Exchange of India in Mumbai?
The average salary of a Business Analyst at Multi Commodity Exchange of India in Mumbai typically ranges from ₹6.9 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Business Analyst in Mumbai at Multi Commodity Exchange of India earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Business Analyst Salaries at Multi Commodity Exchange of India 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 6 Multi Commodity Exchange of India employees in India.
What is the estimated take home salary of a Business Analyst at Multi Commodity Exchange of India in Mumbai?
The estimated take-home salary of a Business Analyst at Multi Commodity Exchange of India in Mumbai typically ranges from ₹59,045 to ₹60,534 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 6 salaries received from various employees of Multi Commodity Exchange of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at Multi Commodity Exchange of India in Mumbai?
To be a Business Analyst at Multi Commodity Exchange of India in Mumbai, the key skills required include:

  • - Project Delivery
  • - MS Office
  • - bfsi
  • - Production Support
  • - IT Business Analysis

These skills are highly valued at Multi Commodity Exchange of India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Multi Commodity Exchange of India for Business Analyst in India?
ICRA ₹15.5 Lakhs to ₹30.0 Lakhs per year
Accenture ₹4.5 Lakhs to ₹17.0 Lakhs per year
TCS ₹3.8 Lakhs to ₹15.0 Lakhs per year
5paisa Capital Ltd. ₹5.0 Lakhs to ₹12.0 Lakhs per year
Emkay Global Financial Services ₹4.0 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Multi Commodity Exchange of India, depending on the role and experience level.
How the salary growth look like for a Business Analyst at Multi Commodity Exchange of India in Mumbai?
The salary growth for a Business Analyst at Multi Commodity Exchange of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Mumbai can expect the following growth trajectory at Multi Commodity Exchange of India:

Experience Average Salary Range
2 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
3 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
4 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
5 years ₹6.8 Lakhs to ₹8.7 Lakhs per year
and so on.

Tell us how to improve this page.

Multi Commodity Exchange of India Business Analyst salary in Mumbai ranges between ₹6.9 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Multi Commodity Exchange of India latest salaries received from various employees of Multi Commodity Exchange of India.