Rand Merchant Bank Quantitative Analyst Salaries by 4 Employees

5 - 7 years exp.

₹16.5 Lakhs - ₹36 Lakhs

Salary of majority employees

Fixed (90%)

₹22.5 Lakhs

Variable (10%)

₹2.5 Lakhs

34% more than the average Quantitative Analyst Salary in Financial Services Companies for 5 - 7 years of experience

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Salaries in different departments

Finance & Accounting Quantitative Analyst Salary 5 - 7 years exp. (3 salaries)	₹16.5 L/yr - ₹27.5 L/yr
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BFSI, Investments & Trading Quantitative Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹32.4 L/yr - ₹39.6 L/yr

Last Updated: 15 Aug 2024

Companies similar to Rand Merchant Bank for Quantitative Analyst

Company name	Avg Annual Salary	Open Jobs
UBS Quantitative Analyst Salary 0 - 4 years exp. (53 salaries)	₹10 L/yr - ₹28 L/yr 26% less
Morningstar Quantitative Analyst Salary 1 - 5 years exp. (47 salaries)	₹9.3 L/yr - ₹27 L/yr 25% less	2 job openings
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JPMorgan Chase & Co. Quantitative Analyst Salary 1 - 6 years exp. (45 salaries)	₹9.7 L/yr - ₹42 L/yr 3% less
Crisil Quantitative Analyst Salary 0 - 4 years exp. (43 salaries)	₹8 L/yr - ₹15 L/yr 58% less
Dolat Capital Market Quantitative Analyst Salary 0 - 4 years exp. (41 salaries)	₹8.6 L/yr - ₹30.4 L/yr 32% less

Quantitative Analyst salary at Rand Merchant Bank ranges between ₹16.5 Lakhs to ₹36 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Rand Merchant Bank.

Experience wise Rand Merchant Bank Quantitative Analyst salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹31.9 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹27.5 L/yr
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7 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹36 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

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

Salary - Good

+6 more

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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Shifting from Bangalore to Hyderabad

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Rand Merchant Bank Quantitative Analyst Salary FAQs

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

The average salary of a Quantitative Analyst at Rand Merchant Bank in India typically ranges from ₹16.5 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Quantitative Analyst at Rand Merchant Bank earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Quantitative Analyst Salaries at Rand Merchant Bank 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 4 Rand Merchant Bank employees in India.

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

The estimated take-home salary of a Quantitative Analyst at Rand Merchant Bank in India typically ranges from ₹1,58,653 to ₹1,64,690 per month. This is based on the average salary range of ₹16.5 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 5 years 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 4 salaries received from various employees of Rand Merchant Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Quantitative Analyst at companies similar to Rand Merchant Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co.	₹9.7 Lakhs to ₹42.0 Lakhs per year
Morningstar	₹9.3 Lakhs to ₹27.0 Lakhs per year
UBS	₹10.0 Lakhs to ₹28.0 Lakhs per year
Dolat Capital Market	₹8.6 Lakhs to ₹30.4 Lakhs per year
Crisil	₹8.0 Lakhs to ₹15.0 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 Quantitative Analyst at Rand Merchant Bank in India?

The salary growth for a Quantitative Analyst at Rand Merchant Bank depends on factors such as experience, performance, and promotions. On average, a Quantitative Analyst can expect the following growth trajectory at Rand Merchant Bank:

Experience	Average Salary Range
5 years	₹16.5 Lakhs to ₹31.9 Lakhs per year
6 years	₹10.0 Lakhs to ₹27.5 Lakhs per year
7 years	₹27.5 Lakhs to ₹36.0 Lakhs per year

and so on.

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Rand Merchant Bank Quantitative Analyst Salaries

Rand Merchant Bank Quantitative Analyst salary in India ranges between ₹16.5 Lakhs to ₹36 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.