Narnolia Financial Advisors Equity Research Associate Salaries by 8 Employees (Updated 2024)

1 - 5 years exp.

₹4.8 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

55% less than the average Equity Research Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 15 Sep 2023

Companies similar to Narnolia Financial Advisors for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 54% more
Edelweiss Equity Research Associate Salary 0 - 3 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 150% more
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IIFL Finance Equity Research Associate Salary 0 - 4 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 164% more
HDFC Securities Equity Research Associate Salary 0 - 5 years exp. (20 salaries)	₹6.8 L/yr - ₹26.5 L/yr 157% more
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 41% less
ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (15 salaries)	₹6 L/yr - ₹20 L/yr 131% more
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7 L/yr 15% more
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹9 L/yr 46% more
PhillipCapital Equity Research Associate Salary 1 - 9 years exp. (12 salaries)	₹8 L/yr - ₹23 L/yr 184% more

Equity Research Associate salary at Narnolia Financial Advisors ranges between ₹4.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Narnolia Financial Advisors.

Experience wise Narnolia Financial Advisors Equity Research Associate salaries

Last Updated: 15 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹10.3 L/yr
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.4 L/yr
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3 years (3 salaries)	₹5.5 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr

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Salary related reviews for Narnolia Financial Advisors

Cluster Product Manager in Mumbai

Product Management Department

3.0

• posted on 27 May 2022

3.0

for Salary and Benefits

Likes

U can learn new things in this company and as per job security is average and company policy is also average not so high.

Dislikes

Management Pay scale Senior management Travelling policy If employees are doing good then also u will not make any increase in pay then how can employees will retain.

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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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Narnolia Financial Advisors Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Narnolia Financial Advisors?

Equity Research Associate salary at Narnolia Financial Advisors in India ranges between ₹4.8 Lakhs to ₹6.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 55% less than the average Equity Research Associate Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Narnolia Financial Advisors India.

How does the salary of a Equity Research Associate at Narnolia Financial Advisors India compare with the average salary range for this job?

The average salary of a Equity Research Associate at Narnolia Financial Advisors is 55% less than the average salary of a Equity Research Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Narnolia Financial Advisors to a Equity Research Associate in India?

PhillipCapital Equity Research Associate Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
IIFL Finance Equity Research Associate Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
HDFC Securities Equity Research Associate Salary - ₹6.8 Lakhs to ₹26.5 Lakhs per year
Edelweiss Equity Research Associate Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
ICICI Securities Equity Research Associate Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Equity Research Associate in companies similar to Narnolia Financial Advisors in India?

Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year
Axis Direct Equity Research Associate Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
Kotak Securities Equity Research Associate Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year

What is the estimated take home salary of a Equity Research Associate at Narnolia Financial Advisors in India?

The estimated take-home salary of a Equity Research Associate at Narnolia Financial Advisors ranges between ₹44,260 per month to ₹45,362 per month in India. The take-home salary calculation is based on the average Narnolia Financial Advisors Equity Research Associate salary in India which ranges between ₹4.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at Narnolia Financial Advisors?

According to AmbitionBox, 100% of the Narnolia Financial Advisors Equity Research Associates reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Narnolia Financial Advisors Equity Research Associate Salaries

Narnolia Financial Advisors Equity Research Associate salary in India ranges between ₹4.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Narnolia Financial Advisors latest salaries received from various employees of Narnolia Financial Advisors.