Investment Banker Salary in India: Freshers & Experienced

Investment Banker Salary in India – The entry-level salary for an Investment Banker with less than 2 years of experience is around INR 9.12 LPA, while those with over 10 years of experience can expect a higher salary, exceeding INR 17 LPA. Various factors influence an Investment Banker’s salary, including skills, experience, location, and the company’s profile.

To pursue a career as an investment banker, individuals can pursue undergraduate and postgraduate courses specializing in investment banking. Options include a BBA in Finance and Investment, a B.Com(Hons), an MBA in Finance, or an MBA in Investment Banking.

Additionally, Chartered Accountants or those pursuing Chartered Accountancy can also transition into the role of Investment Bankers. In India, professionals in Banking, Investment Banking, and Chartered Accountancy are highly sought after.

Average Salary of Investment Banker in India

The compensation package for an investment banker varies significantly based on factors such as the financial institution they work for, their location, and their level of experience and expertise.

The average salary of an investment banker in India can expect to earn anywhere from ₹8 lakhs to ₹40 lakhs or more annually. The incentives typically range from ₹1 lakh to ₹10 lakhs per year. However, it’s important to note that these figures can vary greatly depending on factors such as the individual’s performance, the performance of their team, and prevailing market conditions.

For instance, a senior investment banker with extensive experience and a successful track record at a top-tier investment bank in a major financial hub like Mumbai or Delhi may command a significantly higher salary than a junior banker at a smaller firm in a less competitive market.

Investment Banker Salary in India 2024

Investment banking stands out as a highly profitable and fulfilling career choice in India. The salary for investment bankers has consistently risen over time, making it an enticing field for both newcomers and experienced individuals.

Here is a list of an investment banker salary depending on their profile and work experience.

Profile	Starting Salary	Mid-Range Salary	Senior Position Salary
Investment Banker Analyst (Fresh Graduate)	4 L – 6 L	8 L – 12 L	–
Investment Banking Associate (1-3 years)	8 L – 12 L	12 L – 18 L	–
Investment Banking Associate (4-6 years)	15 L – 20 L	18 L – 25 L	–
Investment Banking Vice President (7+ years)	25 L – 35 L	30 L – 40 L	50 L – 75 L
Investment Banking Director (10+ years)	40 L – 50 L	50 L – 75 L	1 Cr – 2 Cr
Investment Banking Managing Director (15+ years)	75 L – 1 Cr	1 Cr – 2 Cr	2 Cr – 5 Cr

Investment Banker Salary in India per month(Fresher /Mid-level / Experienced)

Investment Banker Salary in India per month: Fresher

• Entry-level salaries for investment bankers in India typically range from INR 30,000 to INR 60,000 per month in smaller firms or local branches.
• In larger investment banks or multinational financial institutions, fresher salaries can range from INR 50,000 to INR 1,00,000 per month.
• Salaries in the finance sector increase substantially with experience, performance, and promotions over time.

Investment Banker Salary in India per month: Intermediate

• Mid-level investment banker salaries in India typically range from INR 1,00,000 to INR 2,50,000 per month, reflecting increased responsibilities and experience.
• Experienced mid-level investment bankers may earn INR 2,50,000 to INR 5,00,000 monthly, depending on their performance, track record, and the size and prestige of the firm.
• In multinational investment banks or top-tier financial institutions, mid-level professionals could command salaries as high as INR 5,00,000 to INR 10,00,000 per month, alongside performance bonuses and benefits.

Investment Banker Salary in India per month: Experienced

• Experienced investment bankers in India enjoy lucrative monthly salaries, typically ranging from INR 3,00,000 to INR 8,00,000.
• Top-tier professionals with extensive industry expertise and a proven track record can command salaries exceeding INR 10,00,000 per month, coupled with generous performance bonuses and additional perks.
• Seasoned investment bankers may also explore leadership roles such as managing directors or partners, where compensation can soar into the seven-figure range, reflecting their strategic impact and contributions to the firm.

Major companies like Wipro, IBM, Morgan Stanley, Barclays, among others, are prominent recruiters of Investment Bankers. Morgan Stanley and Goldman Sachs lead the pack as the highest-paying firms for Investment Bankers, offering an average salary between INR 14.00 LPA and 15.50 LPA. The highest earners in this field can potentially reach an impressive salary range of INR 27.20 LPA to 30 LPA.

Roles & Responsibility of Investment Banker

The roles and responsibilities of an Investment Banker are:

• Assessing Financial Health: They evaluate the financial well-being of a company and devise strategies to assist the organization in achieving its goals.
• Providing Financial Advice: Investment bankers offer financial and investment advice to help the company raise capital.
• Coordinating Mergers and Acquisitions: They coordinate any merger or acquisition that the company wishes to pursue.
• Ensuring Regulatory Compliance: Investment bankers ensure ongoing compliance with all financial regulatory institutions.
• Stock Price Management: They are responsible for determining the company’s stock price and providing guidance on when to issue stocks or bonds.
• IPO Process Management: Investment bankers manage and coordinate the Initial Public Offering (IPO) process, creating the necessary documentation for the company’s public debut.

Eligibility and Skills Required to Become an Investment Banker

Eligibility Criteria:

• Bachelor’s degree in finance, business, or related field.
• Advanced degrees like MBA are often preferred.

Skills Required:

• Strong analytical and quantitative skills.
• Financial acumen and market knowledge.
• Effective communication and negotiation abilities.
• Attention to detail and problem-solving skills.
• Ability to work under pressure and meet deadlines.

Investment Banker Salary in India: Company Wise

The Investment Banker Salary Company Wise is given in the table below:

Company’s Name	Average Annual Salary (INR)
Wipro	₹ 6.02 LPA
ICICI Bank	₹ 7.20 L
UBS Investment Bank	₹ 13.60 L
JP Morgan	₹ 21.63 L
IBM	₹ 7.11 L
HSBC	₹ 11.05 L
Barclays	₹ 13.20 L
Kotak Mahindra	₹ 7.39 L
Morgan Stanley	₹ 15.22 L

Investment Banker Salary in India: Qualification-Wise

The Investment Banker Salary in India Qualification Wise is given in the table below:

Qualification	Average Annual Salary (INR)
Certificate Courses	₹ 3.26 LPA
Diploma & PG Diploma Degree	₹ 5.51 LPA
Undergraduate Degree	₹ 8.10 LPA
Postgraduate Degree	₹ 15.87 LPA

Investment Banker Salary in India: Hierarchy Wise

The Investment Banker Salary in India Hierarchy Wise is given in the table below:

Specialization	Average Annual Salary (INR)
Vice President	₹ 60.66 LPA
Director	₹ 35.02 LPA
Investment Banker Analyst	₹ 19.11 LPA
Investment Banker Associate	₹ 8.91 LPA

Investment Banker Salary in India: Skill-Wise

The Investment Banker Salary in India Skill Wise is given in the table below:

Skills	Average Annual Salary (INR)
Investment Banking	₹ 7.10 L
Private Equity	₹ 6.22 L
CFA	₹ 10.00 L
Due Diligence	₹ 9.51 LPA
Financial Planning	₹ 9.77 LPA
Risk management	₹ 12.20 L

Investment Banker Salary in India: Experience Wise

The Investment Banker Salary in India Experience Wise is given in the table below:

Experience	Average Annual Salary (INR)
0 – 5 years	₹ 7.90 LPA
6 – 10 years	₹ 14.20 LPA
11 – 15 years	₹ 18 LPA
16 – 20 years	₹ 30.44 LPA
20 years & above	₹ 40 LPA & above

Investment Banker Salary in India: City-Wise

The Investment Banker Salary in India City Wise is given in the table below:

Name of the City	Average Annual Salary (INR)
Delhi	₹ 9.50 LPA
Gurugram	₹ 9.20 LPA
Mumbai	₹ 8.80 LPA
Hyderabad	₹ 8.50 LPA
Ahmedabad	₹ 8.10 LPA
Bangalore	₹ 6.30 LPA
Pune	₹ 4.60 LPA

Investment Banker Salary in India: Country Wise

The Investment Banker Salary in India Country Wise is given in the table below:

Country	Average Annual Salary (INR)
USA	₹ 58.62 LPA
UK	₹ 65.76 LPA
Australia	₹ 52.26 LPA
Canada	₹ 57.91 LPA
Germany	₹ 78.39 LPA
Japan	₹ 42.11 LPA

Investment Banker Top Recruiter

The Investment Banker Top Recruiter is given in the table below:

Morgan Stanley	Barclays	ICICI Bank
Accenture	Ernst & Young	Tata Consultancy Services
UBM Bank	HSBC	Axis Bank

Conclusion

In conclusion, Investment Banking in India offers a lucrative career, with salaries ranging from INR 3.8 LPA for entry-level roles to INR 30 LPA for experienced professionals. Factors like skills, experience, and company profile significantly influence earnings. Top recruiters include Morgan Stanley, Barclays, and ICICI Bank.

Investment Banker Salary in India – FAQs

How much do investment bankers earn in India?

Investment bankers in India typically earn between INR 30,000 to INR 10,00,000 per month, with entry-level salaries starting lower and experienced professionals and senior executives commanding higher figures, often in the seven-figure range.

Who earns more CA or Investment Banker?

 The average salary of a CA is 6-11 lakhs per annum whereas that of an Investment Banker is 13-15 lakhs per annum.

What is the highest paid job in investment banking?

Managing Director (MD) and Head of Investment Banking are one of the highest paid job in investment banking.

Is investment banking a good career in India?

Those with a keen interest in finance and monetary services may find investment banking to be a fulfilling career.

What is the fresher salary in bank?

Freshers in banks typically earn salaries ranging from INR 15,000 to INR 40,000 per month.

What is the salary of IIM Investment Banker?

IIM graduates entering investment banking can command high salaries, ranging from INR 20.50 LPA for those with 5-9 years of experience to potentially INR 30 LPA or more for top earners.