S&P Global Mumbai Research Associate Salaries by 20+ Employees (Updated 2025)

1 - 5 years exp.

₹4.6 Lakhs - ₹8 Lakhs

Salary of majority employees

12% more than the average Research Associate Salary in Analytics & KPO Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Research Associate Salary 1 - 5 years exp. (9 salaries)	₹5.5 L/yr - ₹7.5 L/yr
Finance & Accounting Research Associate Salary 2 - 3 years exp. (9 salaries)	₹4.6 L/yr - ₹6.7 L/yr
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Data Science & Analytics Research Associate Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹7.2 L/yr
Customer Success, Service & Operations Research Associate Salary 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹6 L/yr

Last Updated: 29 Mar 2025

Companies similar to S&P Global for Research Associate in Mumbai

S&P Global Research Associate Salary

1 - 5 years exp. (28 salaries)

₹4.6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Science and Technology Company Research Associate Salary 3 - 11 years exp. (10 salaries)	₹4 L/yr - ₹7.8 L/yr 3% less
Nielsen Research Associate Salary 0 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹5 L/yr 34% less
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Macleods Pharmaceuticals Research Associate Salary 0 - 7 years exp. (759 salaries)	₹2.1 L/yr - ₹7 L/yr 26% less	1 job opening
Morningstar Research Associate Salary 0 - 5 years exp. (349 salaries)	₹3 L/yr - ₹7.5 L/yr 2% more
Ajanta Pharma Research Associate Salary 2 - 8 years exp. (319 salaries)	₹2.4 L/yr - ₹6.6 L/yr 23% less	4 job openings

Research Associate salary at S&P Global ranges between ₹4.6 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 28 latest salaries received from various employees of S&P Global.

Experience wise S&P Global Research Associate salaries in Mumbai

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹1.9 L/yr - ₹6.3 L/yr
2 years (15 salaries)	₹4.6 L/yr - ₹7.5 L/yr
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3 years (4 salaries)	₹5 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

From

Research Associate

1 - 5 years exp.

Senior Research Associate

4 - 12 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 S&P Global

Senior Research Associate Salary

(9 salaries)

₹4.5 L/yr - ₹11 L/yr

Research Analyst Salary

(8 salaries)

₹3 L/yr - ₹8.75 L/yr

Analyst Salary

(3 salaries)

₹5 L/yr - ₹7.11 L/yr

Salary related reviews for S&P Global

3.3

Rated by 3 employees for salary & benefits

Research Associate in Gurgaon / Gurugram

CRP Department

1.0

• posted on 30 Jul 2021

3.0

for Salary and Benefits

Likes

I must say only Pay factor!

Dislikes

Pathetic management skill. Least concern about employees growth and carrier. Pathetic work balance in simple word no work balance life. no effort made on L&D. Managers giving more preference to senior rather than skilled candidate .

Skill development - Bad

+4 more

Research Associate in Hyderabad / Secunderabad

Earnings & Estimate Department

4.0

• posted on 14 May 2018

4.0

for Salary and Benefits

Likes

It was a good experience of working and the team mates were co-operative. To me, work environment is good, salary is comparatively good for Freshers.

Salary - Good

+1 more

Dislikes

Poor English Communication. People usually speak Telugu. No formal dressing. Even though the HR tried to make a formal culture, people do not follow that.

Analyst in Ahmedabad

Full Time

Data Science & Analytics Department

3.0

• posted on 19 Jun 2023

2.0

for Salary and Benefits

Likes

S&P as an organisation is entirely people centric. Except salary, all other perks, benifits, allowances ranging from well being allowances to the leaves structure are exceptional and above par. Working alongside different teams on the same floor gives a great level of exposure to mix and know more about the happening world. Many teams are still following wfh culture which is indeed the great and the ultimate need of hour.

Job security - Good

+2 more

Dislikes

In the past few months, the company has done excessive cost cutting which has resulted in high no. of individuals leaving the organisation. The team structure is highly dependent on the team leads. So, all appraisal and other improvements are handed by the TLs itself which ultimately leads to partiality and incompetencies. Ahmedabad location is a bit unhealthy for outstation candidates. All the projects and important assignments are assigned only to Gujarati people, ignoring the rest.

Salary - Poor

+2 more

Software Engineer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

3.0

• posted on 03 Apr 2022

4.0

for Salary and Benefits

Likes

Work life balance and job is very safe there, And Leaves and other policies are very good for employee.

Salary - Good

+4 more

Dislikes

Salary hike is very low and Promotion is done only when you are good in upper management. To be level up they can took 4-5 years When your performance is good.

Work satisfaction - Poor

Software Developer in Ahmedabad

Full Time

Engineering - Software & QA Department

4.0

• posted on 18 Oct 2021

4.0

for Salary and Benefits

Likes

- Excellent work culture - Many opportunities to pursue different career paths - Great colleagues - HR policies are great and constantly improving

Salary - Good

+3 more

Dislikes

- Recent mass layoffs were concerning and have scared a lot of people - Pay for performance policy has been severely undermined in last two years

see more salary related reviews

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What people are saying about S&P Global

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wealthyslug

6d (edited)

currently not working

Need help

Hello, everyone. Does anyone know how the training period is at S&P Global? How many exams are there, and do they fire throughout training? Any details? Please assist. .

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S&P Global Research Associate Salary FAQs

What is the salary of Research Associate at S&P Global in Mumbai?

The average salary of a Research Associate at S&P Global in Mumbai typically ranges from ₹4.6 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Research Associate in Mumbai at S&P Global earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Research Associate Salaries at S&P Global 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 20+ S&P Global employees in India.

What is the estimated take home salary of a Research Associate at S&P Global in Mumbai?

The estimated take-home salary of a Research Associate at S&P Global in Mumbai typically ranges from ₹42,040 to ₹43,175 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ salaries received from various employees of S&P Global. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than S&P Global for Research Associate in India?

Morningstar

₹3.0 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by S&P Global, depending on the role and experience level.

What is the salary of a Research Associate in companies similar to S&P Global in Mumbai?

The salary of a Research Associate at companies similar to S&P Global in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Science and Technology Company	₹4.0 Lakhs to ₹7.8 Lakhs per year
Ajanta Pharma	₹2.4 Lakhs to ₹6.6 Lakhs per year
Macleods Pharmaceuticals	₹2.1 Lakhs to ₹7.0 Lakhs per year
Nielsen	₹2.6 Lakhs to ₹5.0 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 Research Associate at S&P Global in Mumbai?

The salary growth for a Research Associate at S&P Global in Mumbai depends on factors such as experience, performance, and promotions. On average, a Research Associate in Mumbai can expect the following growth trajectory at S&P Global:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹6.3 Lakhs per year
2 years	₹4.6 Lakhs to ₹7.5 Lakhs per year
3 years	₹5.0 Lakhs to ₹8.0 Lakhs per year
4 years	₹5.4 Lakhs to ₹6.8 Lakhs per year

and so on.

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S&P Global Research Associate Salaries in Mumbai

S&P Global Research Associate salary in Mumbai ranges between ₹4.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 S&P Global latest salaries received from various employees of S&P Global.