Rand Merchant Bank Quant Analyst Salaries by 4 Employees (Updated 2024)

6 - 9 years exp.

₹26.5 Lakhs - ₹32 Lakhs

Salary of majority employees

73% more than the average Quant Analyst Salary in Financial Services Companies for 6 - 9 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Rand Merchant Bank for Quant Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Quant Analyst Salary 3 - 8 years exp. (26 salaries)	₹10 L/yr - ₹25.5 L/yr 43% less
Futures First info Services Quant Analyst Salary 0 - 5 years exp. (14 salaries)	₹9 L/yr - ₹17.9 L/yr 55% less
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Dolat Capital Market Quant Analyst Salary 0 - 2 years exp. (7 salaries)	₹12 L/yr - ₹18 L/yr 45% less
UBS Quant Analyst Salary 2 - 4 years exp. (5 salaries)	₹16 L/yr - ₹25 L/yr 26% less
Decimal Point Analytics Quant Analyst Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 90% less

Quant Analyst salary at Rand Merchant Bank ranges between ₹26.5 Lakhs to ₹32 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Rand Merchant Bank.

Experience wise Rand Merchant Bank Quant Analyst salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹26.5 L/yr - ₹47.8 L/yr
7 years (AmbitionBox Estimate)	₹28 L/yr - ₹51.5 L/yr
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8 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹32 L/yr
9 years (AmbitionBox Estimate)	₹32 L/yr - ₹32 L/yr

Similar Designation salaries in Rand Merchant Bank

Data Analyst Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Rand Merchant Bank

4.0

Rated by 1 employees for salary & benefits

Quant Analyst in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 18 Apr 2022

4.0

for Salary and Benefits

Likes

Lot of learning opportunities, freedom to get work done in your own way, more than sufficient internal mobility, direct interaction with the management

Dislikes

Lack of exposure to developed markets like New York, Singapore, Tokyo; limited scope of products, though it's improving

see more salary related reviews

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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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Rand Merchant Bank Quant Analyst Salary FAQs

What is the salary of Quant Analyst at Rand Merchant Bank?

Quant Analyst salary at Rand Merchant Bank in India ranges between ₹26.5 Lakhs to ₹32.0 Lakhs for experience between 6 years to 9 years. According to our estimates it is 73% more than the average Quant Analyst Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Rand Merchant Bank India.

How does the salary of a Quant Analyst at Rand Merchant Bank India compare with the average salary range for this job?

The average salary of a Quant Analyst at Rand Merchant Bank is 73% more than the average salary of a Quant Analyst in India. To know exact salary insights, login to view.

What is the salary of a Quant Analyst in companies similar to Rand Merchant Bank in India?

UBS Quant Analyst Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
JPMorgan Chase & Co. Quant Analyst Salary - ₹10.0 Lakhs to ₹25.5 Lakhs per year
Dolat Capital Market Quant Analyst Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Futures First info Services Quant Analyst Salary - ₹9.0 Lakhs to ₹17.9 Lakhs per year
Decimal Point Analytics Quant Analyst Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Quant Analyst at Rand Merchant Bank in India?

The estimated take-home salary of a Quant Analyst at Rand Merchant Bank ranges between ₹1,82,136 per month to ₹1,89,235 per month in India. The take-home salary calculation is based on the average Rand Merchant Bank Quant Analyst salary in India which ranges between ₹26.5 Lakhs to ₹32.0 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Quant Analyst at Rand Merchant Bank?

According to AmbitionBox, 100% of the Rand Merchant Bank Quant Analysts reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Rand Merchant Bank Quant Analyst Salaries

Rand Merchant Bank Quant Analyst salary in India ranges between ₹26.5 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rand Merchant Bank latest salaries received from various employees of Rand Merchant Bank.