Average Investment Advisor Salary in Ghaziabad, India for 2024

In this article, we will look at the average Investment Advisor salary for 2024 in Ghaziabad and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.

How Much Does an Investment Advisor Make in Ghaziabad?

An Investment Advisor working in Ghaziabad will typically earn around 692,500 INR per year, and this can range from the lowest average salary of about 340,000 INR to the highest average salary of 1,080,200 INR.

Average Annual Salary
692,500 INR
Average Monthly Salary
57,708 INR
Lowest Annual Salary
340,000 INR
Lowest Monthly Salary
28,333 INR
Highest Annual Salary
1,080,200 INR
Highest Monthly Salary
90,016 INR

These are average salaries for an Investment Advisor in Ghaziabad and include benefits such as housing and transport. It's also possible for an Investment Advisor to earn more or less than the average salaries shown above.

Investment Advisor salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Investment Advisor Salaries in Ghaziabad

So we've looked at the average salaries an Investment Advisor will earn in Ghaziabad. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Investment Advisor can earn between 340,000 INR and 1,080,200 INR on average in Ghaziabad. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Investment Advisor in Ghaziabad is 706,200 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 706,200 INR, and 50% of the population earn more than 706,200 INR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Investment Advisor salary in Ghaziabad, 25% of the population are earning less than 467,700 INR while 75% of the population earn more than 467,700 INR.

75% of the population earn less than 908,200 INR, and 25% of the population earn more than 908,200 INR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Investment Advisor Salary by Experience Level in Ghaziabad

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average investment advisor salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Investment Advisor in Ghaziabad that has less than two years of experience can expect to earn somewhere in the region of 401,300 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Investment Advisor salary would increase to 514,800 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Investment Advisor, the average salary would be 714,600 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 883,500 INR.
  • 15 - 20 Years Experience. An Investment Advisor with 15 to 20 years of experience can earn an average of 946,800 INR.
  • 20+ Years Experience. For an Investment Advisor with more than 20 years, the expected average salary increases to 1,006,300 INR.

Average Salary by Experience Chart

0-2 Years
401,300 INR
2-5 Years +29%
514,800 INR
5-10 Years +38%
714,600 INR
10-15 Years +24%
883,500 INR
15-20 Years +7%
946,800 INR
20+ Years +7%
1,006,300 INR

Investment Advisor Salary by Education Level in Ghaziabad

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Investment Advisor in Ghaziabad based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Investment Advisor in Ghaziabad with a certificate or diploma education can earn an average salary of 514,800 INR.

  • Bachelor's Degree. An Investment Advisor in Ghaziabad with a bachelor's degree education can earn an average salary of 695,200 INR.

  • Master's Degree. An Investment Advisor in Ghaziabad with a master's degree education can earn an average salary of 1,064,100 INR.

Average Salary by Education Chart

Certificate or Diploma
514,800 INR
Bachelor's Degree +34%
695,200 INR
Master's Degree +53%
1,064,100 INR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Investment Advisor Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Ghaziabad, a male investment advisor will earn an average of 767,400 INR, while a female investment advisor will earn around 687,100 INR.

This means that a male investment advisor earns approximately 12% more than a female investment advisor for performing the same job.

Average Salary by Gender Chart in Ghaziabad

Male
767,400 INR
Female -12%
687,100 INR

Investment Advisor Average Pay Raise in Ghaziabad

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Investment Advisor in Ghaziabad is around 13% every 17 months.

The national average pay raise across all professions and industries in India is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 17 ) × 12  = 9%

What this means is that an Investment Advisor in Ghaziabad can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Ghaziabad for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Investment Advisor Bonus and Incentive Rates in Ghaziabad

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Investment Advisor is a moderate bonus based job, with 55% of employees reporting at least one bonus in the last 12 months.

45% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus
55%
No Bonus
45%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in India earn approximately 6% more than private sector employees in the same role.

Public Sector
392,300 INR
Private Sector -6%
371,100 INR

Salaries for Jobs Similar to an Investment Advisor

In the table below, we have salary information for jobs that are similar to an Investment Advisor in Ghaziabad.

Job Title Category Salary
Account Examiner Accounting and Finance 197,600 INR
Account Executive Accounting and Finance 341,400 INR
Accountant Accounting and Finance 263,100 INR
Accounting Analyst Accounting and Finance 330,900 INR
Accounting Assistant Accounting and Finance 204,000 INR
Accounting Associate Accounting and Finance 194,600 INR
Accounting Clerk Accounting and Finance 172,200 INR
Accounting Coordinator Accounting and Finance 239,000 INR
Accounting Head Accounting and Finance 539,700 INR
Accounting Manager Accounting and Finance 568,500 INR
Accounting Officer Accounting and Finance 197,600 INR
Accounting Specialist Accounting and Finance 363,000 INR
Accounting Supervisor Accounting and Finance 369,300 INR
Accounting Technician Accounting and Finance 189,300 INR
Accounting Unit Controller Accounting and Finance 451,000 INR
Accounts Executive Accounting and Finance 341,400 INR
Accounts Officer Accounting and Finance 209,500 INR
Accounts Payable and Receivable Specialist Accounting and Finance 275,200 INR
Accounts Payable Assistant Accounting and Finance 216,800 INR
Accounts Payable Associate Accounting and Finance 245,300 INR
Accounts Payable Clerk Accounting and Finance 197,600 INR
Accounts Payable Manager Accounting and Finance 529,600 INR
Accounts Receivable Administrator Accounting and Finance 394,800 INR
Accounts Receivable Clerk Accounting and Finance 197,600 INR
Accounts Receivable Financial Analyst Accounting and Finance 377,200 INR
Accounts Receivable Manager Accounting and Finance 520,900 INR
Accounts Receivable Team Leader Accounting and Finance 394,800 INR
Assistant Accountant Accounting and Finance 204,000 INR
Assistant Accounting Manager Accounting and Finance 502,200 INR
Assistant Auditor Accounting and Finance 267,100 INR
Assistant Corporate Controller Accounting and Finance 363,000 INR
Assistant Finance Manager Accounting and Finance 558,300 INR
Assistant Financial Controller Accounting and Finance 363,000 INR
Audit Director Accounting and Finance 615,700 INR
Audit Supervisor Accounting and Finance 491,000 INR
Auditing Clerk Accounting and Finance 209,500 INR
Auditing Manager Accounting and Finance 558,300 INR
Billing Clerk Accounting and Finance 204,000 INR
Billing Coordinator Accounting and Finance 245,300 INR
Billing Specialist Accounting and Finance 283,700 INR
Billing Supervisor Accounting and Finance 411,400 INR
Bookkeeper Accounting and Finance 176,800 INR
Bookkeeping Specialist Accounting and Finance 258,400 INR
Budget Analyst Accounting and Finance 462,300 INR
Budget Manager Accounting and Finance 553,800 INR
Business Support Analyst Accounting and Finance 301,600 INR
Capital Markets Associate Accounting and Finance 406,300 INR
Cash Flow Analyst Accounting and Finance 406,300 INR
Cash Management Manager Accounting and Finance 529,600 INR
Cash Management Officer Accounting and Finance 309,800 INR
Cashbook Clerk Accounting and Finance 183,600 INR
Chartered Accountant Accounting and Finance 341,400 INR
Chief Accountant Accounting and Finance 397,900 INR
Collections Clerk Accounting and Finance 164,200 INR
Collections Representative Accounting and Finance 233,600 INR
Collections Specialist Accounting and Finance 275,200 INR
Corporate Controller Accounting and Finance 428,400 INR
Corporate Treasurer Accounting and Finance 514,300 INR
Cost Accountant Accounting and Finance 272,800 INR
Cost Accounting Manager Accounting and Finance 531,700 INR
Cost Accounting Supervisor Accounting and Finance 431,300 INR
Cost Analyst Accounting and Finance 428,400 INR
Credit and Collection Manager Accounting and Finance 537,300 INR
Credit and Collection Staff Accounting and Finance 204,000 INR
Credit and Loans Officer Accounting and Finance 194,600 INR
Credit Controller Accounting and Finance 369,300 INR
Credit Manager Accounting and Finance 558,300 INR
Debt Adviser Accounting and Finance 444,300 INR
Debt Collector Accounting and Finance 216,800 INR
Debtors Clerk Accounting and Finance 185,100 INR
Debtors Controller Accounting and Finance 197,600 INR
Deputy CFO Accounting and Finance 736,700 INR
Deputy Head of Finance Accounting and Finance 736,700 INR
Derivative Trader Accounting and Finance 462,300 INR
Director of Finance Accounting and Finance 790,600 INR
Economist Accounting and Finance 628,000 INR
Equity Analyst Accounting and Finance 478,100 INR
Escrow Assistant Accounting and Finance 239,000 INR
Executive Accountant Accounting and Finance 301,600 INR
External Auditor Accounting and Finance 377,200 INR
Finance Administrator Accounting and Finance 314,500 INR
Finance Analyst Accounting and Finance 485,300 INR
Finance Associate Accounting and Finance 233,600 INR
Finance Director Accounting and Finance 790,600 INR
Finance Executive Accounting and Finance 568,500 INR
Finance Licensing Clerk Accounting and Finance 194,600 INR
Finance Licensing Manager Accounting and Finance 514,300 INR
Finance Licensing Specialist Accounting and Finance 288,700 INR
Finance Manager Accounting and Finance 751,700 INR
Finance Officer Accounting and Finance 258,400 INR
Finance President Accounting and Finance 790,600 INR
Finance Relationship Manager Accounting and Finance 619,800 INR
Finance Release Analyst Accounting and Finance 309,800 INR
Finance Specialist Accounting and Finance 444,300 INR
Finance Team Leader Accounting and Finance 597,800 INR
Financial Accountant Accounting and Finance 267,100 INR
Financial Actuary Accounting and Finance 411,400 INR
Financial Administrator Accounting and Finance 444,300 INR
Financial Advisor Accounting and Finance 487,600 INR
Financial Analyst Accounting and Finance 485,300 INR
Financial Applications Specialist Accounting and Finance 335,800 INR
Financial Assistant Accounting and Finance 216,800 INR
Financial Associate Accounting and Finance 216,800 INR
Financial Associate Accounting and Finance 258,400 INR
Financial Claims Analyst Accounting and Finance 361,500 INR
Financial Claims Manager Accounting and Finance 478,000 INR
Financial Claims Supervisor Accounting and Finance 444,300 INR
Financial Clerk Accounting and Finance 204,000 INR
Financial Commercial Analyst Accounting and Finance 386,400 INR
Financial Compliance Analyst Accounting and Finance 431,300 INR
Financial Consultant Accounting and Finance 359,900 INR
Financial Controller Accounting and Finance 428,400 INR
Financial Coordinator Accounting and Finance 246,200 INR
Financial Customer Service Manager Accounting and Finance 491,000 INR
Financial Dealer and Broker Accounting and Finance 288,700 INR
Financial Director Accounting and Finance 790,600 INR
Financial Encoder Accounting and Finance 227,600 INR
Financial Manager Accounting and Finance 751,700 INR
Financial Operations Manager Accounting and Finance 684,900 INR
Financial Policy Analyst Accounting and Finance 417,200 INR
Financial Project Manager Accounting and Finance 553,800 INR
Financial Quantitative Analyst Accounting and Finance 462,300 INR
Financial Reporting Consultant Accounting and Finance 386,400 INR
Financial Reporting Manager Accounting and Finance 514,300 INR
Financial Section Head Accounting and Finance 514,300 INR
Financial Services Manager Accounting and Finance 684,900 INR
Financial Services Sales Agent Accounting and Finance 296,000 INR
Fixed Assets Administrator Accounting and Finance 279,400 INR
Forensic Accountant Accounting and Finance 314,500 INR
Fraud Detection Supervisor Accounting and Finance 330,900 INR
Fraud Prevention Manager Accounting and Finance 548,800 INR
Fund Accountant Accounting and Finance 258,400 INR
Grants Coordinator Accounting and Finance 197,600 INR
Group Financial Manager Accounting and Finance 768,900 INR
Internal Auditor Accounting and Finance 359,900 INR
Internal Control Adviser Accounting and Finance 420,800 INR
Internal Control Officer Accounting and Finance 233,600 INR
International Tax Director Accounting and Finance 649,700 INR
Inventory Accountant Accounting and Finance 279,400 INR
Investment Analyst Accounting and Finance 529,600 INR
Investment Associate Accounting and Finance 451,000 INR
Investment Broker Accounting and Finance 451,000 INR
Investment Fund Manager Accounting and Finance 597,800 INR
Investment Operations Manager Accounting and Finance 597,800 INR
Investment Underwriter Accounting and Finance 227,600 INR
Investor Accounting and Finance 349,300 INR
Investor Relations Manager Accounting and Finance 539,700 INR
KYC Team Leader Accounting and Finance 519,300 INR
Loan Processor Accounting and Finance 222,300 INR
Management Accountant Accounting and Finance 297,000 INR
Management Economist Accounting and Finance 628,000 INR
Paymaster Accounting and Finance 216,800 INR
Payroll Administrator Accounting and Finance 353,600 INR
Payroll Benefits Coordinator Accounting and Finance 296,000 INR
Payroll Billing Manager Accounting and Finance 491,000 INR
Payroll Clerk Accounting and Finance 233,600 INR
Payroll Manager Accounting and Finance 491,000 INR
Payroll Officer Accounting and Finance 233,600 INR
Payroll Specialist Accounting and Finance 279,400 INR
Payroll Supervisor Accounting and Finance 341,400 INR
Pensions Administrator Accounting and Finance 283,700 INR
Personal Financial Advisor Accounting and Finance 397,900 INR
Pricing Analyst Accounting and Finance 444,300 INR
Private Equity Analyst Accounting and Finance 478,100 INR
Project Accountant Accounting and Finance 283,700 INR
Proposal Development Coordinator Accounting and Finance 239,000 INR
Receivables Accountant Accounting and Finance 247,800 INR
Regulatory Accountant Accounting and Finance 294,300 INR
Retirement Plan Analyst Accounting and Finance 428,400 INR
Revenue Management Specialist Accounting and Finance 444,300 INR
Revenue Recognition Analyst Accounting and Finance 496,100 INR
Risk Management Director Accounting and Finance 643,800 INR
Risk Management Supervisor Accounting and Finance 529,600 INR
Staff Accountant Accounting and Finance 258,400 INR
Tax Accountant Accounting and Finance 252,300 INR
Tax Administrator Accounting and Finance 288,700 INR
Tax Advisor Accounting and Finance 411,400 INR
Tax Analyst Accounting and Finance 411,400 INR
Tax Associate Accounting and Finance 227,600 INR
Tax Consultant Accounting and Finance 428,400 INR
Tax Director Accounting and Finance 619,800 INR
Tax Examiner Accounting and Finance 283,700 INR
Tax Manager Accounting and Finance 548,800 INR
Tax Research Manager Accounting and Finance 548,800 INR
Teller Accounting and Finance 159,400 INR
Treasury Accountant Accounting and Finance 294,700 INR
Treasury Analyst Accounting and Finance 444,300 INR
Underwriter Accounting and Finance 189,300 INR
Underwriting Assistant Accounting and Finance 176,800 INR
Vice President of Finance Accounting and Finance 736,700 INR

Salary Comparison by City

If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
agra 695,200 INR
Ahmadabad 824,800 INR
Bangalore 839,500 INR
Bhopal 692,500 INR
Chennai 807,900 INR
Coimbatore 672,600 INR
Delhi 791,200 INR
Hyderabad 836,800 INR
Indore 744,700 INR
Jaipur 780,700 INR
Kanpur 722,100 INR
Kolkata 778,200 INR
Lucknow 758,700 INR
Ludhiana 692,500 INR
Madurai 652,200 INR
Mumbai 807,900 INR
Nagpur 773,400 INR
Patna 714,600 INR
Pimpri-Chinchwad 718,000 INR
Pune 778,500 INR
Surat 752,600 INR
Vadodara 677,100 INR
Visakhapatnam 683,800 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

City Average Salary
Andaman & Nicobar Islands 605,700 INR
Andhra Pradesh 814,100 INR
Arunachal Pradesh 709,600 INR
Assam 762,400 INR
Bihar 887,100 INR
Chandigarh 619,800 INR
Chhatisgarh 756,700 INR
Dadra & Nagar Haveli 656,800 INR
Daman & Diu 600,000 INR
Delhi 745,000 INR
Goa 704,300 INR
Gujarat 805,900 INR
Haryana 765,100 INR
Himachal Pradesh 691,200 INR
Jammu & Kashmir 731,700 INR
Jharkhand 823,900 INR
Karnataka 802,400 INR
Kerala 794,900 INR
Lakshadweep 581,000 INR
Madhya Pradesh 836,500 INR
Maharashtra 884,700 INR
Manipur 679,200 INR
Meghalaya 696,700 INR
Mizoram 684,900 INR
Nagaland 674,100 INR
Orissa 812,900 INR
Pondicherry 633,300 INR
Punjab 765,100 INR
Rajasthan 862,400 INR
Sikkim 619,800 INR
Tamil Nadu 836,500 INR
Tripura 743,300 INR
Uttar Pradesh 895,900 INR
Uttaranchal 714,600 INR
West Bengal 816,900 INR

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