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: 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.