Investment Banking Salary in India

The key functions of Investment banking professionals or associates are to aid government and companies issue securities and to provide financial advice as and when required. Other responsibilities include helping investors buy securities, identify and forge fresh deals, management of financial assets, dealing with trade securities etc. The page is aimed at providing you with detailed information about the salaries earned by investment banking associates at different stages of their career. Varying costs of living in different cities, sex, skills, degrees earned-everything goes on to determine the pay packet of these individuals. Let us find out more:

Investment Banking Salary in India

On an average investment banking associates pocket around INR 203,501- INR 2,124,050 per year. While the average annual pay stands at INR 164,716 - INR 1,979,722 in private practice, the company wise pay can be something around INR 185,664 - INR 1,631,585. Other specifics are listed below:-

Investment Banking Salaries Based on Experience

The salary ranges head steadily northwards with a person,s growing number of years in the field. A glimpse of the salaries based on experience is provided below so that you can track the gradual progression in this regard:

ExperienceAnnual Average Salaries
Less than a yearINR 116,350 - INR 1,594,659
1-4 yearsINR 171,377 - INR 1,548,942
5-9 yearsINR 358,187 - INR 1,652,876
10-19 yearsINR 546,843 - INR 2,576,050

Salaries based on Cities

The range of salaries is usually directly proportional to the costs of living in the cities:

CityINR 182,618 - INR 1,552,166
Bangalore, KarnatakaINR 181,207 - INR 893,964
Pune, MaharashtraINR 290,874 - INR 1,843,115
Mumbai, MaharashtraINR 163,206 - INR 1,775,386
Gurgaon, HaryanaINR 55,946 - INR 906,036

Salaries based on Skills

Different sets of skills mastered by associates can influence the pay packets as well:

SkillsAverage Annual salaries
Operations Management INR 163,000 - INR 1,032,000
Financial AnalysisINR 201,932 - INR 1,957,535
Microsoft ExcelINR 200,458 - INR 356,078
Financial Modeling INR 982,635 - INR 1,831,257
Java/J2EE INR 398,302 - INR 1,622,091

Salaries based on Gender

The gender based salaries stand something like this:

GenderAnnual Average Salaries
FemaleINR 187,913 - INR 1,378,736
MaleINR 184,934 - INR 1,654,788

Salaries based on Degree or Certification

The kind of degrees or certification earned by the individual is instrumental in determining his wages:

Degree or CertificationAverage Annual salaries
Bachelor’s DegreeINR 163,596 - INR 1,507,769
B ComINR 188,666 - INR 813,892
Master of Business Administration or MBAINR 214,289 - INR 1,700,000
Business Certificate INR 165,199 - INR 1,092,622
Bachelor of Commerce or B.Com, EconomicsINR 127,451 - INR 580,000
CA or Chartered AccountantINR 597,997 - INR 2,908,740
Master of Business Administration, FinanceINR 218,156 - INR 1,658,344
CFA or Chartered Financial AnalystINR 208,342 - INR 1,957,428
CPA or Certified Public AccountantINR 700,000 - INR 1,500,000

Investment Banking Job Benefits

The usual benefits and perks enjoyed by investment banking individuals are

  • Paid Vacation
  • Paid Sick Leave
  • Life Insurance
  • Private Medical Insurance

*Salaries are subject to change with time

Education Required

The minimum preferable qualification would be a bachelor's degree in business, accounting or finance. A Master's degree in finance or business administration is ideal for those who want to pursue higher studies.

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Last Updated: 20/04/2015