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FINANCIAL PLANNING & ANALYSIS

Corporations and businesses typically have a responsibility to shareholders and owners to use earned income in a way that builds company wealth. A financial analyst carefully studies marketplace trends, demographics and microeconomic factors to help the company make smart investments. The financial analyst may also provide advice to companies on issuing their own bonds, splitting stock and other areas of concern. One of the most important roles for a financial analyst is to fully understand how…Read more

Financial Analyst Tasks

  • Provide financial analysis support to various areas of the company.
  • Prepare detailed annual financial budget and monthly financial forecasts.
  • Assist with preparation of weekly, monthly and quarterly financial analysis schedules of actual vs. budget variances.

Average Financial Analyst Salary in India

₹402,458

Avg. SalaryShow Hourly Rate

₹42,649

BONUS

₹58,669

COMMISSION

₹10,196

PROFIT SHARING

kills That Affect Financial Analyst Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Forecasting

▲63%

Financial Modeling

▲27%

Financial Reporting

▲17%

Data Analysis

▲12%

Research Analysis

▲7%

Financial Analysis

▲6%

Reconciliation

▲1%

Microsoft Excel

▼2%

Microsoft Office

▼2%

Accounting

▼3%

Financial Analyst

Skills That Affect Financial Analyst Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Forecasting

▲63%

Financial Modeling

▲27%

Financial Reporting

▲17%

Data Analysis

▲12%

Research Analysis

▲7%

Financial Analysis

▲6%

Reconciliation

▲1%

Microsoft Excel

▼2%

Microsoft Office

▼2%

Accounting

▼3%

Pay Difference by Location

Learn more about cost of living by city.

Gurgaon, Haryana

▲10%

New Delhi, Delhi

▲10%

Mumbai, Maharashtra

▲5%

Bangalore, Karnataka

▲2%

Chennai, Tamil Nadu

▲2%

Hyderabad, Andhra Pradesh

▼2%

Pune, Maharashtra

▼12%

Employees with Financial Analyst in their job title in Gurgaon, Haryana earn an average of 9.6% more than the national average. These job titles also find higher than average salaries in New Delhi, Delhi (9.6% more) and Mumbai, Maharashtra (5.4% more). The lowest salaries can be found in Pune, Maharashtra (12.4% less) and Hyderabad, Andhra Pradesh (1.8% less).

Popular Employer Salaries for Financial Analyst

Accenture

₹454k

EY (Ernst & Young)

₹427k

The Northern Trust Company

₹256k

J.P. Morgan Chase & Co. (JPMCC)

₹706k

eClerx

₹221k

Deutsche Bank

₹322k

Deloitte

₹389k

Genpact

₹350k

The top respondents for the job title Financial Analyst are from the companies Accenture, EY (Ernst & Young) and The Northern Trust Company. Reported salaries are highest at J.P. Morgan Chase & Co. (JPMCC) where the average pay is ₹706,342. Other companies that offer high salaries for this role include Accenture and EY (Ernst & Young), earning around ₹453,760 and ₹426,922, respectively. eClerx pays the lowest at around ₹221,246. The Northern Trust Company and Deutsche Bank also pay on the lower end of the scale, paying ₹255,834 and ₹321,500, respectively.

Popular Skills for Financial Analyst

Avg. Salary

Popularity

Financial Analysis

₹425,668

1,950 responses

Microsoft Excel

₹396,134

1,025 responses

Financial Reporting

₹469,442

852 responses

Accounting

₹390,195

697 responses

Data Analysis

₹451,066

644 responses

Skills in Financial Analysis, Financial Reporting and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Accounting and Microsoft Excel.

Pay by Experience Level for Financial Analyst

₹310k₹551k₹793k₹1m₹1m₹2m< 1 yr1-4 yrs5-9 yrs10-19 yrs20+ yrs

₹313k

₹367k

₹574k

₹982k

₹2m

An entry-level Financial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹313,149 based on 727 salaries. An early career Financial Analyst with 1-4 years of experience earns an average total compensation of ₹367,184 based on 1,978 salaries. A mid-career Financial Analyst with 5-9 years of experience earns an average total compensation of ₹574,432 based on 705 salaries. An experienced Financial Analyst with 10-19 years of experience earns an average total compensation of ₹981,857 based on 145 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹1,502,000.