The investment banker salary depends upon various factors such as years of experience, acquired skill set, the organization where one is hired, job role, reputation of the organization, etc. The average investment banker salary also varies depending on the company, qualifications, specializations, skills, years of experience, location etc.
The average investment banker salary ranges between INR 6,00,000 -15,00,000 per annum. Individuals who take up entrepreneurship even earn up to INR 20,00,000-22,00,000 per annum. Upon completing an Investment Banking course, candidates get diverse opportunities in various parts of the industry.
The average investment banker salary in India differs depending upon the job profile at which one is hired. Some of the popular career opportunities and their investment banker salary is discussed below:
Job Profile | Average Salary (per annum) |
---|---|
Investment Banker | INR 9,00,000 - INR 15,00,000 |
Financial Planner | INR 6,00,000 - INR 12,00,000 |
Financial Analyst | INR 5,00,000 - INR 10,00,0000 |
Credit Manager | INR 6,00,000 - INR 9,00,000 |
Financial Advisor | INR 8,00,000 - INR 14,00,000 |
Financial Risk Manager | INR 9,00,000 - INR 15,00,000 |
There can be differences in investment banker salary depending upon the level at which the individual is hired. Those who are hired at entry-level or mid level earn less in comparison to individuals who have been hired at senior level and management positions.
Job Level | Average Salary (per annum) |
---|---|
Entry-Level | INR 4,50,000 - INR 6,00,000 |
Mid-Senior Level | INR 6,50,000 - INR 8,00,000 |
Senior Level | INR 7,50,000 - INR 9,00,000 |
Top Management Level | INR 9,00,000 - INR 15,00,000 |
There are various companies that offer high investment banker salary to individuals who have completed the investment banking course from a reputed institution. Most of these companies visit prestigious institutions during placements and provide students with pre-placement offers. Depending upon the company, there might be differences between the investment banker salary offered to individuals. Some of the reputed companies and their investment banker salary details are shared below.
Company Name | Average Salary (per annum) |
---|---|
Wipro | INR 6,20,000 |
ICICI Bank | INR 7,20,000 |
HDFC Bank | INR 8,78,000 |
JP Morgan | INR 21,65,000 |
Morgan Stanley | INR 15,25,000 |
Barclay’s | INR 13,20,000 |
IBM | INR 7,12,000 |
The investment banker salary also varies depending upon the qualification of the candidate. All the individuals who have pursued an MBA with a specialization in investment banking earn higher in comparison to students who have completed other postgraduate or certificate or diploma level investment banking courses. Refer to the table given below to see the salary difference between individuals on the basis of academic qualifications.
Investment Banking Qualification | Average Salary (per annum) |
---|---|
Certificate Courses | INR 3,25,000 |
Diploma & Postgraduate Diploma Courses | INR 5,51,000 |
Undergraduate Degree | INR 8,10,000 |
Postgraduate Degree | INR 15,87,000 |
There are some popular specializations which offer great investment banker salary in comparison to other specialisation. This could be due to the rising demand for some specializations and their job roles. Some of the popular specializations and their average investment banker salary details are provided below.
Specialisation | Average Salary (per annum) |
---|---|
INR 15,25,000 | |
INR 9,20,000 | |
INR 8,00,000 | |
FRM - Financial Risk Management | INR 7,50,000 |
Differences in the salary can also be seen depending upon the skill set of an individual. Students who have acquired the right skills tend to earn higher in comparison to those who have not acquired industry specific skills. The investment banker salary differences can be easily spotted in the table given below.
Skills | Average Salary (per annum) |
---|---|
Investment Banking | INR 7,20,000 |
Private Equity | INR 6,25,000 |
Financial Planning | INR 9,80,000 |
Risk Management | INR 12,20,000 |
Capital Market | INR 10,25,000 |
Mergers & Acquisitions | INR 13,25,000 |
Wealth & Asset Management | INR 13,50,000 |
The investment banker salary also varies depending upon the job position at which the individual is currently hired. Top management positions have great salaries in comparison to entry and mid level positions. Refer to the table given below to understand how the hierarchy can bring significant differences in investment banker salary.
Position | Average Salary (per annum) |
---|---|
Vice President | INR 60,66,000 |
Director | INR 35,20,000 |
Investment Banker Analyst | INR 19,11,000 |
Investment Banker Associate | INR 8,91,000 |
Another factor that can affect the average investment banker salary is the years of experience one has. The journey of an investment banker is not easy and is loaded with challenges at every stage. Only an individual who is able to gain 8-10 years of experience in the industry can secure a future for themselves. Refer to the table below to understand the difference between investment banker salary on the basis of experience.
Experience | Average Salary (per annum) |
---|---|
0-5 Years | INR 7,90,000 |
6-10 Years | INR 14,20,000 |
11-15 Years | INR 18,00,000 |
16-20 Years | INR 30,44,000 |
20 Years & Above | INR 40,00,000 & above |
The city where one has a job decides his or her investment banker salary. Metropolitan cities have better salary packages in comparison to tier 2 and tier 3 cities. Some of the popular cities offering higher investment banker salaries include Delhi, Gurugram, Mumbai, Bangalore and Hyderabad.
City Name | Average Salary (per annum) |
---|---|
Delhi | INR 9,50,000 |
Gurugram | INR 9,20,000 |
Mumbai | INR 8,80,000 |
Hyderabad | INR 8,50,000 |
Bangalore | INR 8,10,000 |
Pune | INR 4,60,000 |
There are numerous recruiters that offer high investment banker salary to individuals who have completed the course from a prestigious institution. The salary differences can also be seen due to the recruiters under whom one is working. Some of the top recruiters with high investment banker salary are listed below.