UBS Mumbai Equity Research Associate Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹10.5 Lakhs - ₹72 Lakhs

Salary of majority employees

125% more than the average Equity Research Associate Salary in Financial Services Companies for 2 - 4 years of experience

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Last Updated: 8 Feb 2025

Companies similar to UBS for Equity Research Associate in Mumbai

UBS Equity Research Associate Salary

2 - 4 years exp. (4 salaries)

₹10.5 L/yr - ₹72 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Equity Research Associate Salary 0 - 7 years exp. (3 salaries)	₹6 L/yr - ₹40 L/yr 42% less
JPMorgan Chase & Co. Equity Research Associate Salary 3 - 7 years exp. (36 salaries)	₹22 L/yr - ₹45 L/yr 27% more
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HSBC Group Equity Research Associate Salary 5 - 9 years exp. (3 salaries)	₹21 L/yr - ₹60 L/yr 14% more
BNP Paribas Equity Research Associate Salary 4 - 5 years exp. (3 salaries)	₹12 L/yr - ₹24 L/yr 36% less
Elara Capital Equity Research Associate Salary 1 - 7 years exp. (21 salaries)	₹8.4 L/yr - ₹19 L/yr 57% less	2 job openings

Equity Research Associate salary at UBS ranges between ₹10.5 Lakhs to ₹72 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of UBS.

Experience wise UBS Equity Research Associate salaries in Mumbai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
3 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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4 years (AmbitionBox Estimate)	₹68.4 L/yr - ₹75.6 L/yr

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Salary related reviews for UBS

Assistant Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 12 Oct 2023

5.0

for Salary and Benefits

Likes

...ected to work as per the deadlines but never will there be a micro management. The additional benefits apart from the salary are amazing, be it cab pick drop from your home, or 40k medical benefits over and above the salary, that includes dental treatment as well which isn’t covered at most places.

Salary - Excellent

+6 more

Dislikes

The only thing I dislike about CS is that it allowed itself to be acquired by UBS

Associate Director in Pune

Full Time

Project & Program Management Department

4.0

• posted on 13 Mar 2023

5.0

for Salary and Benefits

Likes

the package and work life balance is good .

Salary - Excellent

+2 more

Dislikes

UBS india team is underestimated and less appreciated evn though Indian teams are doing fantastic jobs. The UK teams are jealous of indian teams and they dont prefer t share information with india . Lot of bias for India team in UBS which need to looked upon seriously.

Skill development - Bad

+2 more

Associate Director in Pune

Full Time

Investment Banking Department

4.0

• posted on 29 Aug 2022

3.0

for Salary and Benefits

Likes

Flexible working Number of leaves and public holidays Empowered India-teams unlike other banks

Skill development - Good

+4 more

Dislikes

Not many tax-saving options. Promotions are next to impossible. Bonus is avg. or below avg. when compared with other banks. Transport is offered for free but it isn't comfortable.

Promotions - Bad

Assistant Vice President in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Sep 2023

5.0

for Salary and Benefits

Likes

Salary, cab service and medical benefits

Salary - Excellent

Dislikes

Senior and mid level management is worst and manipulative. Whistle blowers are not treated with respect or not get any safety. When i raised long going quality manipulations then got fired in recent RIF activity.

Skill development - Bad

+5 more

Associate Director in Navi Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 25 Feb 2022

4.0

for Salary and Benefits

Likes

Good working culture with a respectful environment. Good in terms of job security. Ample opportunities to learn and develop skills.

Salary - Good

+6 more

Dislikes

Compensation is a bit on the lower side. Variable incentive too can be a lot better.

see more salary related reviews

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Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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UBS Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at UBS Mumbai?

Equity Research Associate salary at UBS in Mumbai ranges between ₹10.5 Lakhs to ₹72.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 125% more than the average Equity Research Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of UBS Mumbai.

How does the salary of a Equity Research Associate at UBS Mumbai compare with the average salary range for this job?

The average salary of a Equity Research Associate at UBS is 125% more than the average salary of a Equity Research Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than UBS to a Equity Research Associate in Mumbai?

JPMorgan Chase & Co. Equity Research Associate Salary - ₹22.0 Lakhs to ₹45.0 Lakhs per year
HSBC Group Equity Research Associate Salary - ₹21.0 Lakhs to ₹60.0 Lakhs per year

What is the salary of a Equity Research Associate in companies similar to UBS in Mumbai?

BNP Paribas Equity Research Associate Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year
Morgan Stanley Equity Research Associate Salary - ₹6.0 Lakhs to ₹40.0 Lakhs per year
Elara Capital Equity Research Associate Salary - ₹8.4 Lakhs to ₹19.0 Lakhs per year

What is the estimated take home salary of a Equity Research Associate at UBS in Mumbai?

The estimated take-home salary of a Equity Research Associate at UBS ranges between ₹1,91,067 per month to ₹1,98,569 per month in Mumbai. The take-home salary calculation is based on the average UBS Equity Research Associate salary in India which ranges between ₹10.5 Lakhs to ₹72.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at UBS in Mumbai?

According to AmbitionBox, 100% of the UBS Equity Research Associates in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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UBS Equity Research Associate Salaries in Mumbai

UBS Equity Research Associate salary in Mumbai ranges between ₹10.5 Lakhs to ₹72 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 UBS latest salaries received from various employees of UBS.