Mumbai-2026 ASBS MBA Placement News Update:
Ashika Group is a financial services company with operations in capital markets, wealth management, and investment advisory. Ashika has selected an MBA student from ASBS (Akademia School of Business Studies).
Ashika hired a finance student for the Equity Research Associate position. He is expected to do stock market analysis, financial modelling, and investment research. This placement is a strong testimony of the high trust that the industry has in ASBS MBA students specializing in Finance. Development: How much exposure do you get to capital markets and financial analysis while pursuing a course at ASBS?
Ashika’s engagement in campus recruitment indicates the increasing trust in ASBS MBA graduates as finance professionals. ASBS MBA students provide significant contributions to equity research and investment advisory functions.
Actual Hiring Details
| ASBS MBA Student Hired by Ashika in 2026 | ASBS MBA Program with Finance Specialisation | Employee Role at Ashika |
| Nitesh Nagesh Pai | PGDM Finance | Equity Research Associate |
The student manifested strong knowledge in financial modelling, equity research, and market analytics in the process of the recruitment interview.
About Ashika
Ashika Group is a diversified financial services conglomerate. They provide services ranging from equity trading, investment banking, and portfolio management to wealth advisory. The firm focuses on research-driven investment strategies across capital markets and financial services.
Equity Research Associate’s Role
The ASBS student hired by Ashika as an equity research associate would require adequate knowledge to perform the following core finance functions.
- Must be able to carry out company financial analysis
- Stock market research
- Industry trend evaluation
- Preparing equity research reports
Equity Research Skills
- Must know about Financial modelling
- Must be able to do Equity market research
- Must be strong in Analytical reasoning
- Must be adept at Data interpretation
- Must have great communication and reporting skills
ASBS MBA’s finance-focused curriculum develops core finance skills in students. It offers an industry-expert-led learning. It helps MBA finance students develop these capabilities.
Career Growth From Entry Level to Senior Roles
Entry-level positions like Equity Research Associate usually lead to:
- Next career progression: Senior Equity Analyst
- Senior-level Investment Analyst
- Lead positions as Portfolio Manager
- Specialised role at senior level: Investment Banking Analyst
Salary Projection from Entry Level to Senior Roles
| Experience Level | Entry to senior-level roles | Estimated CTC Range Growth (INR 2026) |
| Entry Level from 0 to 2 years | Start as a Junior Analyst / Management Trainee | Start at ₹5 LPA to ₹10 LPA |
| Mid-level from 3 to 6 years | Grow into an equity research analyst position | Grow to ₹10 LPA to ₹20 LPA |
| Senior level with 5-8 years of experience | Start as a Senior Analyst / Associate | Senior-level remuneration: ₹15 LPA to ₹30 LPA |
| Lead positions from 8+ yrs | Reach the level of VP / Head of Research / Buy-Side Lead | You can earn from ₹25LPA to ₹50 LPA+ (MD level > ₹1 Cr LPA) |
About ASBS MBA (Akademia School of Business Studies)
ASBS MBA is India’s No. 1 1-Chain B-School platform supporting PGDM approved by AICTE and MMS degree approved by UGC at partner institutions.
- No. 1 in Core Finance placements for freshers, and equally excellent performance in Marketing & HR.
- 100%+ ROI, ₹6 to 8 lakh avg. fees, 8 LPA + average. Placements, Maximum CTC 12 LPA, with ~15 months payback time.
- Trusted by industry (250+ recruiters), with 100% expert faculty from the industry, an alumni network of over 10,000 students, academic excellence of more than 15 years, and a presence in Mumbai, Goa, Bangalore, and Pune across 12 campuses
- India’s sole CEEMAN institutional member of 200+ global B-schools.
