TCS Mumbai Financial Business Analyst Salaries by 10+ Employees (Updated 2025)

1 - 15 years exp.

₹5 Lakhs - ₹18.1 Lakhs

Salary of majority employees

At par with the average Financial Business Analyst Salary in IT Services & Consulting Companies for 1 - 15 years of experience

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Salaries in different departments

Finance & Accounting Financial Business Analyst Salary 1 - 15 years exp. (8 salaries)	₹6.5 L/yr - ₹10.8 L/yr
Data Science & Analytics Financial Business Analyst Salary 3 - 11 years exp. (3 salaries)	₹6.4 L/yr - ₹14.6 L/yr
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Strategic & Top Management Financial Business Analyst Salary 6 - 15 years exp. (3 salaries)	₹12.3 L/yr - ₹18.1 L/yr
Customer Success, Service & Operations Financial Business Analyst Salary 13 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹11.7 L/yr

Last Updated: 4 Mar 2025

Companies similar to TCS for Financial Business Analyst in Mumbai

TCS Financial Business Analyst Salary

1 - 15 years exp. (19 salaries)

₹5 L/yr - ₹18.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Financial Business Analyst Salary 5 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹6.7 L/yr 40% less
HDFC Bank Financial Business Analyst Salary 1 - 3 years exp. (6 salaries)	₹12 L/yr - ₹17.3 L/yr 40% more
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Valuefy Solutions Financial Business Analyst Salary 0 - 5 years exp. (6 salaries)	₹5.5 L/yr - ₹7.8 L/yr 33% less
Deutsche Bank Financial Business Analyst Salary 1 - 10 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 14% less	1 job opening
IDFC FIRST Bank Financial Business Analyst Salary 0 - 2 years exp. (4 salaries)	₹10.5 L/yr - ₹15.9 L/yr 19% more

Financial Business Analyst salary at TCS ranges between ₹5 Lakhs to ₹18.1 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 19 latest salaries received from various employees of TCS.

Experience wise TCS Financial Business Analyst salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹16.2 L/yr
2 years (4 salaries)	₹6 L/yr - ₹16.6 L/yr
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3 years (3 salaries)	₹5 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.8 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12.3 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹19.5 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹20.4 L/yr
12 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹21.2 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹18.1 L/yr
15+ years (3 salaries)	₹7.4 L/yr - ₹18.1 L/yr

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From

Financial Business Analyst

1 - 15 years exp.

Strategy Consultant

2 - 16 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.

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Top skills at TCS for Financial Business Analyst

Variance Analysis Excel Forecasting Financial Analytics Budgeting

Salary related reviews for TCS

Associate Consultant in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 06 Mar 2025

1.0

for Salary and Benefits

Likes

Nothing found yet

Dislikes

- variable pay is scam for c3a plus people - toxic environment depends on team member and client (no team work) - zero job security , they will hire you any time and fire you with no reason it's like my bat and my ball if you gave me out then I will take my bat and ball with me no body can play - no salary growth

Salary - Bad

+6 more

Associate Consultant in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 19 Feb 2025

1.0

for Salary and Benefits

Likes

TCS is good for freshers and juniors. its running on brand name thats it.

Dislikes

compensation is pathetic. year on year raise in compensation is very horrible. huge variable pay and its not paid above c2 level associates.

Salary - Bad

+4 more

Associate Consultant in Kolkata

Full Time

Engineering - Software & QA Department

4.0

• posted on 14 Feb 2025

2.0

for Salary and Benefits

Likes

Worklife balance, Kolkata

Job security - Good

+2 more

Dislikes

... No Proper Grievance Forum – Employee concerns are not effectively addressed. 4. Poor Salary - lack value to the loyal employees. 5.

Salary - Poor

Senior Associate in Mumbai

Full Time

Shipping & Maritime Department

3.0

• posted on 18 Jan 2025

2.0

for Salary and Benefits

Likes

Best place to experience person, if you not want work in pressure than this company is your type.

Job security - Excellent

Dislikes

Salary growth is very low as compared other bpo company for freshers and experience employees politics they think that we are the only boss

Salary - Poor

+2 more

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What people are saying about TCS

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a custom software engineering specialist

2w (edited)

Got Offer from TCS!

Hello, I got 32L CTC offer from TCS as an IAM associate consultant. Is it a good package considering I have 10.9 years of experience and in IAM 3.6 years? Rest of the experience is in dot net. Also, TCS is considering 10.2 experience only as some process on their side. Please share your thoughts on the offered package and the experience part. Thank you in advance.

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TCS Financial Business Analyst Salary FAQs

What is the salary of Financial Business Analyst at TCS in Mumbai?

The average salary of a Financial Business Analyst at TCS in Mumbai typically ranges from ₹5.0 Lakhs to ₹18.1 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Financial Business Analyst in Mumbai at TCS earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹18.1 Lakhs per year. Financial Business Analyst Salaries at TCS 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 10+ TCS employees in India.

What is the estimated take home salary of a Financial Business Analyst at TCS in Mumbai?

The estimated take-home salary of a Financial Business Analyst at TCS in Mumbai typically ranges from ₹76,233 to ₹78,209 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹18.1 Lakhs per year for employees with experience ranging from 1 year to 15 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 10+ salaries received from various employees of TCS. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Financial Business Analyst at TCS in Mumbai?

To be a Financial Business Analyst at TCS in Mumbai, the key skills required include:

- Variance Analysis
- Excel
- Forecasting
- Financial Analytics
- Budgeting

These skills are highly valued at TCS and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than TCS for Financial Business Analyst in India?

HDFC Bank	₹12.0 Lakhs to ₹17.3 Lakhs per year
IDFC FIRST Bank	₹10.5 Lakhs to ₹15.9 Lakhs per year

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

What is the salary of a Financial Business Analyst in companies similar to TCS in Mumbai?

The salary of a Financial Business Analyst at companies similar to TCS in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deutsche Bank	₹7.0 Lakhs to ₹11.0 Lakhs per year
Valuefy Solutions	₹5.5 Lakhs to ₹7.8 Lakhs per year
Accenture	₹4.2 Lakhs to ₹6.7 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 Business Analyst at TCS in Mumbai?

The salary growth for a Financial Business Analyst at TCS in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Business Analyst in Mumbai can expect the following growth trajectory at TCS:

Experience	Average Salary Range
1 year	₹8.0 Lakhs to ₹16.2 Lakhs per year
2 years	₹6.0 Lakhs to ₹16.6 Lakhs per year
3 years	₹5.0 Lakhs to ₹17.0 Lakhs per year
4 years	₹3.9 Lakhs to ₹11.0 Lakhs per year

and so on.

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TCS Financial Business Analyst Salaries in Mumbai

TCS Financial Business Analyst salary in Mumbai ranges between ₹5 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 TCS latest salaries received from various employees of TCS.