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Novartis Financial Analyst salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹5.8 Lakhs - ₹13 Lakhs
Salary of majority employees
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69% more than the average Financial Analyst Salary in Pharma Companies for 1 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Financial Analyst Salary
1 - 7 years exp. (71 salaries)
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₹5.8 L/yr - ₹13 L/yr

Data Science & Analytics
Financial Analyst Salary
4 - 7 years exp. (3 salaries)
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₹10.4 L/yr - ₹12 L/yr

Last Updated: 28 Feb 2025

Companies similar to Novartis for Financial Analyst

Company name Avg Annual Salary Open Jobs
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Agilent Technologies Financial Analyst Salary

3 - 10 years exp. (37 salaries)

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₹5.9 L/yr - ₹18.6 L/yr

arrow icon 15% more
2 job openings
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Teva Pharmaceuticals Financial Analyst Salary

1 - 9 years exp. (36 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 30% less
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Abbott Financial Analyst Salary

2 - 7 years exp. (14 salaries)

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₹5.5 L/yr - ₹19.2 L/yr

arrow icon 5% more
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Dr. Reddy's Financial Analyst Salary

0 - 3 years exp. (10 salaries)

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₹3.5 L/yr - ₹10.6 L/yr

arrow icon 18% less
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Novo Nordisk Financial Analyst Salary

6 - 17 years exp. (8 salaries)

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₹12 L/yr - ₹14 L/yr

arrow icon 28% more
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₹10 L/yr - ₹25 L/yr

arrow icon 63% more
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Danaher Financial Analyst Salary

11 - 13 years exp. (4 salaries)

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₹26 L/yr - ₹32.2 L/yr

arrow icon 180% more
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Cipla Financial Analyst Salary

2 - 3 years exp. (3 salaries)

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₹5.7 L/yr - ₹11.3 L/yr

arrow icon 15% less
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Merck Financial Analyst Salary

3 - 5 years exp. (3 salaries)

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₹4.3 L/yr - ₹6.1 L/yr

arrow icon 51% less
Financial Analyst salary at Novartis ranges between ₹5.8 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 92 latest salaries received from various employees of Novartis.

Latest annual salaries shared by Novartis Financial Analyst

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Experience wise Novartis Financial Analyst salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
1 year  (10 salaries)

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₹6.5 L/yr - ₹12.5 L/yr
2 years  (14 salaries)

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₹5.8 L/yr - ₹12.5 L/yr
3 years  (18 salaries)

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₹6 L/yr - ₹13 L/yr
4 years  (17 salaries)

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₹7 L/yr - ₹13 L/yr
5 years  (16 salaries)

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₹6.2 L/yr - ₹12 L/yr
View all
Novartis Financial Analyst Salary and Career Growth

From

To

Financial Analyst

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1 - 7 years exp.

Senior Manager

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8 - 19 years exp.

Financial Analyst

1 - 7 years exp.
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Senior Financial Analyst

4 - 11 years exp.
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arrow icon 55% hike

Manager

6 - 14 years exp.
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arrow icon 65% hike

From

To

Financial Analyst

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1 - 7 years exp.

Group Leader

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10 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Novartis

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₹8.4 L/yr - ₹24 L/yr
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₹6.05 L/yr - ₹15.23 L/yr
Senior Analyst Salary
(359 salaries)
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₹8.5 L/yr - ₹24 L/yr
Business Analyst Salary
(105 salaries)
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₹6.5 L/yr - ₹20 L/yr
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₹3.75 L/yr - ₹12.6 L/yr
Analyst Salary
(341 salaries)
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₹5.8 L/yr - ₹18.05 L/yr
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₹1.95 L/yr - ₹3.8 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Team Lead Salary
(58 salaries)
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₹18.7 L/yr - ₹48 L/yr
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₹7 L/yr - ₹12 L/yr

Top skills at Novartis for Financial Analyst

Forecasting Operations Financial Analysis Pharma Risk Management Business process Resource Allocation Auditing Claims Analytical Business Planning Financial Analytics Budgeting Administration Recruitment

Salary related reviews for Novartis

3.2

Rated by 13 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 21 Feb 2023

2.0
 for  Salary and Benefits

Likes

Only office campus

  • Company culture - Good

Dislikes

It's been 4 months since i joined this company. And i am already fed up. They demand you to work like machine on less salary. You have your own work but manager passes on his work also to you. There is nothing like work life balance here. Only work is all that you have here even after office hours you only have work to think about. So much pressure they put upon you. You are also responsible for the things that are not under your control. If your only life goal is to work like machine with no personal life then you can go for this company. And if you are the type of person who prefers peace over money then please stay away from this.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 18 Jan 2025

4.0
 for  Salary and Benefits

Likes

Work life balance is good for most of the teams. Good perks like pat leave is 6month, relaxed leave policy.

  • Salary - Good
  • +3 more

Dislikes

No scope to learn something new or ground breaking. Pay is below industry standards. Every 2-3 years they keep changing the process or team structures.

read more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 17 Jun 2023

2.0
 for  Salary and Benefits

Likes

Unbossed culture (mostly) Flexible Timing (most of the teams)

  • Job security - Good
  • +2 more

Dislikes

1. TFG - Heavy cost-cutting. Clearly visible in various aspects 2. Sandoz division spin-off 3. Too much hiring from some orgs (ZS, IQVIA). People from those places bring & spread their toxic servicing client mentality (especially for IQVIA). Eventually this led to some sort of micro-management. 4. No free food. Paid food is overpriced and has no taste No cab for regular shift people. 5. SNOW - pathetic project creation tool. 6. Productivity goes for a toss as there are so many formalities 7. Promotion can be biased. have seen people climbing the ladder by organizing events.

read more
  • Salary - Poor
  • +3 more

Contractual

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 07 Dec 2023

1.0
 for  Salary and Benefits

Likes

only learning i liked about Novartis.

Dislikes

... even bother to look after employee complains. absolutely extinct department. 7. managers will call personally and ask employees to work on saturday and sundays without any extra pay. 8. they retaliate against external/ contractual employee if not listening to them. 9. raising against management with valid issues is not taken seriously. Overall -SCM is the worst department to work.

read more
  • Salary - Bad
  • +5 more

Data Science & Analytics Department

4.0
  •  posted on 12 May 2021

4.0
 for  Salary and Benefits

Likes

...earn a lot about the pharma industry but you might not grow technically so much. Hikes and bonus are decent

read more
  • Salary - Good
  • +5 more

Dislikes

If your managers and TL are not good, they will not want you to develop and take credit for your work. You might feel level of comfort and but there is fear of being obsolete, since you might not be learning new technical skills

read more
see more salary related reviews

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Novartis Financial Analyst Salary FAQs

What is the salary of Financial Analyst at Novartis ?
The average salary of a Financial Analyst at Novartis in India typically ranges from ₹5.8 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Financial Analyst at Novartis earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Financial Analyst Salaries at Novartis 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 90+ Novartis employees in India.
What is the estimated take home salary of a Financial Analyst at Novartis in India?
The estimated take-home salary of a Financial Analyst at Novartis in India typically ranges from ₹74,855 to ₹76,792 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 90+ salaries received from various employees of Novartis. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Financial Analyst at Novartis ?
To be a Financial Analyst at Novartis in india, the key skills required include:

  • - Forecasting
  • - Operations
  • - Financial Analysis
  • - Pharma
  • - Risk Management

These skills are highly valued at Novartis and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Novartis for Financial Analyst in India?
Danaher ₹26.0 Lakhs to ₹32.2 Lakhs per year
GlaxoSmithKline Pharmaceuticals ₹10.0 Lakhs to ₹25.0 Lakhs per year
Novo Nordisk ₹12.0 Lakhs to ₹14.0 Lakhs per year
Agilent Technologies ₹5.9 Lakhs to ₹18.6 Lakhs per year
Abbott ₹5.5 Lakhs to ₹19.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Novartis, depending on the role and experience level.
What is the salary of a Financial Analyst in companies similar to Novartis in India?
The salary of a Financial Analyst at companies similar to Novartis in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cipla ₹5.7 Lakhs to ₹11.3 Lakhs per year
Dr. Reddy's ₹3.5 Lakhs to ₹10.6 Lakhs per year
Teva Pharmaceuticals ₹3.5 Lakhs to ₹13.0 Lakhs per year
Merck ₹4.3 Lakhs to ₹6.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Financial Analyst at Novartis in India?
The salary growth for a Financial Analyst at Novartis depends on factors such as experience, performance, and promotions. On average, a Financial Analyst can expect the following growth trajectory at Novartis:

Experience Average Salary Range
1 year ₹6.5 Lakhs to ₹12.5 Lakhs per year
2 years ₹5.8 Lakhs to ₹12.5 Lakhs per year
3 years ₹6.0 Lakhs to ₹13.0 Lakhs per year
4 years ₹7.0 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

Novartis Financial Analyst salary in India ranges between ₹5.8 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 92 Novartis latest salaries received from various employees of Novartis.