Rand Merchant Bank Mumbai Quantitative Analyst Salaries by 3 Employees (Updated 2024)

5 - 7 years exp.

₹16.5 Lakhs - ₹27.5 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Quantitative Analyst Salary in Financial Services Companies for 5 - 7 years of experience

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Last Updated: 21 Mar 2024

Companies similar to Rand Merchant Bank for Quantitative Analyst in Mumbai

Rand Merchant Bank Quantitative Analyst Salary

5 - 7 years exp. (3 salaries)

₹16.5 L/yr - ₹27.5 L/yr

Company name	Avg Annual Salary	Open Jobs
UBS Quantitative Analyst Salary 0 - 4 years exp. (36 salaries)	₹10 L/yr - ₹29 L/yr 18% less
Morningstar Quantitative Analyst Salary 1 - 5 years exp. (23 salaries)	₹8 L/yr - ₹26 L/yr 25% less	3 job openings
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Dolat Capital Market Quantitative Analyst Salary 0 - 2 years exp. (23 salaries)	₹8 L/yr - ₹24 L/yr 31% less
JPMorgan Chase & Co. Quantitative Analyst Salary 1 - 6 years exp. (13 salaries)	₹10.5 L/yr - ₹36 L/yr 13% less
Edelweiss Quantitative Analyst Salary 0 - 4 years exp. (5 salaries)	₹10 L/yr - ₹14 L/yr 53% less

Quantitative Analyst salary at Rand Merchant Bank ranges between ₹16.5 Lakhs to ₹27.5 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Rand Merchant Bank.

Experience wise Rand Merchant Bank Quantitative Analyst salaries in Mumbai

Last Updated: 21 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
6 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.6 L/yr
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7 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.6 L/yr

Similar Designation salaries in Rand Merchant Bank

Market Risk Analyst Salary

(3 salaries)

₹15 L/yr - ₹18.5 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

Dislikes

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

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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 Quantitative Analyst Salary FAQs

What is the notice period for Quantitative Analyst at Rand Merchant Bank in Mumbai?

According to AmbitionBox, 100% of the Rand Merchant Bank Quantitative Analysts in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Rand Merchant Bank Quantitative Analyst Salaries in Mumbai

Rand Merchant Bank Quantitative Analyst salary in Mumbai ranges between ₹16.5 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Rand Merchant Bank latest salaries received from various employees of Rand Merchant Bank.