Investment Banking Associate
Annual salary range
₹3.6 Lakhs - ₹17 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byInvestment Banking Associate Salary in Gurgaon / Gurugram (Updated 2025)
based on 164
latest salaries
• updated:
24 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Investment Banking Associate Salary in Gurgaon / Gurugram ranges between ₹3.6 Lakhs to ₹17 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 164 latest salaries...
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Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Avendus Investment Banking Associate Salary
2 years exp |  | |
| | ||
 Investment Banking Associate Salary
2 years exp | | |
 Investment Banking Associate Salary
2 years exp | | |
 Investment Banking Associate Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
5
yrs
exp.
.
Gurgaon / Gurugram
(83 salaries)
|
₹6 L/yr - ₹13 L/yr | |
0 -
3
yrs
exp.
.
Gurgaon / Gurugram
(50 salaries)
|
₹3.6 L/yr - ₹6.8 L/yr | 1 job opening |
Login to view exact salary
| ||
1 -
3
yrs
exp.
.
Gurgaon / Gurugram
(6 salaries)
|
₹8.7 L/yr - ₹15 L/yr | |
3 yrs
exp.
.
Gurgaon / Gurugram
(5 salaries)
|
₹12.8 L/yr - ₹16.2 L/yr | |
3 -
5
yrs
exp.
.
Gurgaon / Gurugram
(4 salaries)
|
₹7 L/yr - ₹12 L/yr | |
1 -
2
yrs
exp.
.
Gurgaon / Gurugram
(3 salaries)
|
₹5.7 L/yr - ₹15 L/yr | |
3 -
4
yrs
exp.
.
Gurgaon / Gurugram
(3 salaries)
|
₹5 L/yr - ₹7.8 L/yr | |
1 -
3
yrs
exp.
.
Gurgaon / Gurugram
(3 salaries)
|
₹2.3 L/yr - ₹2.6 L/yr | |
Login to view exact salary
| ||
0 -
5
yrs
exp.
.
Gurgaon / Gurugram
(3 salaries)
|
₹12 L/yr - ₹27.1 L/yr | |
1 -
2
yrs
exp.
.
Gurgaon / Gurugram
(3 salaries)
|
₹15 L/yr - ₹24 L/yr | |
Latest annual salaries shared by Investment Banking Associates
2d ago
State Street Corporation
Investment Banking Associate
2 years exp.
3d ago
Acuity Knowledge Partners
Investment Banking Associate
3 years exp.
3d ago
PwC
Investment Banking Associate
2 years exp.
3d ago
Acuity Knowledge Partners
Investment Banking Associate
2 years exp.
4d ago
JM Financial
Investment Banking Associate
3 years exp.
4d ago
Acuity Knowledge Partners
Investment Banking Associate
2 years exp.
4d ago
Conneqt Business Solutions
Investment Banking Associate
1 year exp.
4d ago
Accenture
Investment Banking Associate
2 years exp.
4d ago
JPMorgan Chase & Co.
Investment Banking Associate
2 years exp.
5d ago
Equirus Capital
Investment Banking Associate
4 years exp.
View all latest salaries
Investment Banking Associate salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(2
salaries)
| ₹4.2 L/yr - ₹8 L/yr |
1
year
(33
salaries)
| ₹3.6 L/yr - ₹15 L/yr |
Login to view exact salary
| |
2
years
(59
salaries)
| ₹4 L/yr - ₹14 L/yr |
3
years
(45
salaries)
| ₹3 L/yr - ₹13 L/yr |
4
years
(20
salaries)
| ₹5.8 L/yr - ₹20 L/yr |
View all salaries by experience
Investment Banking Associate Jobs in Gurgaon / Gurugram
Investment Banking Associate
· 1-5 years
Aliens Group
Investment Banking Associate
· 0-3 years
Incedo
Gurgaon / Gurugram
Investment Banking Associate
· 0-2 years
Nangia & CO LLP
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Financial Associate Salary
0 -
6
years
exp.
(502 salaries)
| ₹2.6 L/yr - ₹11 L/yr |
Senior Associate Salary
2 -
10
years
exp.
(11.8k salaries)
| ₹3.1 L/yr - ₹23.8 L/yr |
Login to view exact salary
| |
Senior Process Associate Salary
2 -
7
years
exp.
(1.2k salaries)
| ₹2.1 L/yr - ₹6 L/yr |
Process Associate Salary
0 -
4
years
exp.
(3.7k salaries)
| ₹1.8 L/yr - ₹4.8 L/yr |
Associate Salary
0 -
8
years
exp.
(8.6k salaries)
| ₹2.1 L/yr - ₹20 L/yr |
View more similar designations
Salary reviews by Investment Banking Associate and similar roles
Accenture
Financial Analyst in New Delhi
• posted on 03 Feb 2025
Likes
If some one want to join for increment salary hike , any thing else which is related to money so u can join company is awesome .
read more- Salary - Excellent
+3 more
Dislikes
High level politics , partiality.
- Company culture - Poor
JPMorgan Chase & Co.
Associate in Mumbai
• posted on 24 Jan 2025
Likes
Salary is decent compared to industry average. Also, You don’t need to worry about the job security unless you are really bad. Work life balance depends on which line of business and what team are you working.
read more- Salary - Good
+5 more
Dislikes
Promotions are too slow compared to your peers in US or UK. A person will stay as an Analyst or Associate for years and your peer will become a Vice President or even an Executive Director within the same timelines. Your promotions are hardly based on your performance and mostly based on how much good relationship you have with your manager and how much the management has endorsed you as a brand.
read moreTCS
Process Associate in Gurgaon / Gurugram
• posted on 04 Dec 2024
Likes
TCS is best no other company beat TCS work culture and security especially for girls is very good
- Skill development - Excellent
+4 more
Dislikes
TCS is best but when we talk about promotion and salary expectation it's not worthy.for freshers very less salary
read moreIncedo
Investment Banking Associate in Gurgaon / Gurugram
• posted on 15 Jan 2025
Likes
Things are fine if you're just starting off in your carrier
- Skill development - Good
+1 more
Dislikes
You're stuck with low pay, micro management, and their three months non negotiable notice period
read moreAcuity Knowledge Partners
Associate in Mumbai
• posted on 02 Dec 2024
Likes
Good work life balance Lot to learn Good exposure
- Salary - Good
+5 more
Dislikes
Low salary compared to the industry Lower salary hime and growth as compared to the industry
read more- Promotions - Poor
Top skills for Investment Banking Associate
Investment Banking Associate Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Investment Banking Associate
0 -
5
years
exp.
| ₹3 L/yr - ₹44 L/yr |
Bangalore / Bengaluru
Investment Banking Associate
0 -
5
years
exp.
| ₹2.4 L/yr - ₹35 L/yr |
Login to view exact salary
| |
New Delhi
Investment Banking Associate
0 -
5
years
exp.
| ₹4 L/yr - ₹25 L/yr |
Hyderabad / Secunderabad
Investment Banking Associate
0 -
5
years
exp.
| ₹2.2 L/yr - ₹19 L/yr |
Chennai
Investment Banking Associate
0 -
5
years
exp.
| ₹1.9 L/yr - ₹5.8 L/yr |
View More
Investment Banking Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Investment Banking Associate
0 -
5
years
exp.
| ₹2.4 L/yr - ₹45 L/yr |
IT Services & Consulting Investment Banking Associate
0 -
5
years
exp.
| ₹2.1 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Analytics & KPO Investment Banking Associate
0 -
5
years
exp.
| ₹2.4 L/yr - ₹13 L/yr |
Investment Banking / Venture Capital / Private Equity Investment Banking Associate
0 -
5
years
exp.
| ₹7.8 L/yr - ₹34 L/yr |
Advertising / PR / Events Investment Banking Associate
1 -
5
years
exp.
| ₹5.1 L/yr - ₹16 L/yr |
View More
Frequently Asked Questions (FAQS) about Investment Banking Associate Salaries
What is the salary of a Investment Banking Associate in India?
The salary of a Investment Banking Associate in India varies based on experience, location, company & Industry.
On average, Investment Banking Associate salaries ranges from ₹3.6 Lakhs to ₹17.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.6 Lakhs to ₹17.0 Lakhs per year, with the highest salary reaching ₹25.0 Lakhs to ₹50.0 Lakhs per year. Salary estimates are based on 164 salaries received from various Investment Banking Associates across industries.
The average starting salary is around ₹3.6 Lakhs to ₹17.0 Lakhs per year, with the highest salary reaching ₹25.0 Lakhs to ₹50.0 Lakhs per year. Salary estimates are based on 164 salaries received from various Investment Banking Associates across industries.
What are the top paying companies that employ Investment Banking Associates?
Investment Banking Associate Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Avendus Investment Banking Associate Salary | ₹25 Lakhs to ₹50 Lakhs per year |
| Goldman Sachs Investment Banking Associate Salary | ₹16 Lakhs to ₹36 Lakhs per year |
| JPMorgan Chase & Co. Investment Banking Associate Salary | ₹10.9 Lakhs to ₹45 Lakhs per year |
| Ernst & Young Investment Banking Associate Salary | ₹13 Lakhs to ₹33 Lakhs per year |
| HDFC Bank Investment Banking Associate Salary | ₹19 Lakhs to ₹25 Lakhs per year |
What are the top paying cities for Investment Banking Associate in India?
The annual salary for Investment Banking Associate in India varies by location. Top paying cities for Investment Banking Associate are
Salary expectations for Investment Banking Associate may vary based on job roles, experience, and specific employer requirements.
| Investment Banking Associate Salary in Mumbai | ₹3.0 Lakhs to ₹44.0 Lakhs per year |
| Investment Banking Associate Salary in Bangalore / Bengaluru | ₹2.4 Lakhs to ₹35.0 Lakhs per year |
| Investment Banking Associate Salary in New Delhi | ₹4.0 Lakhs to ₹25.0 Lakhs per year |
| Investment Banking Associate Salary in Hyderabad / Secunderabad | ₹2.2 Lakhs to ₹19.0 Lakhs per year |
| Investment Banking Associate Salary in Chennai | ₹1.9 Lakhs to ₹5.8 Lakhs per year |
What are the top paying industries for Investment Banking Associate in India?
Top 5 paying Industries for Investment Banking Associate in India are:
| Investment Banking Associate Salary in Financial Services | ₹2.4 Lakhs to ₹45.0 Lakhs per year |
| Investment Banking Associate Salary in IT Services & Consulting | ₹2.1 Lakhs to ₹15.0 Lakhs per year |
| Investment Banking Associate Salary in Analytics & KPO | ₹2.4 Lakhs to ₹13.0 Lakhs per year |
| Investment Banking Associate Salary in Investment Banking / Venture Capital / Private Equity | ₹7.8 Lakhs to ₹34.0 Lakhs per year |
| Investment Banking Associate Salary in Advertising / PR / Events | ₹5.1 Lakhs to ₹16.0 Lakhs per year |
What are the fresher salaries as Investment Banking Associate?
Fresher salaries for Investment Banking Associate in India typically range from ₹4.2 Lakhs to ₹8 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Investment Banking Associate in India?
Experience significantly impacts a Investment Banking Associate salary in India. Salaries increase with experience, as Investment Banking Associate take on more complex tasks, responsibilities, and leadership roles.
Investment Banking Associate salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹4.2 Lakhs to ₹8.0 Lakhs per year |
| 1 year | ₹3.6 Lakhs to ₹15.0 Lakhs per year |
| 2 years | ₹4.0 Lakhs to ₹14.0 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹13.0 Lakhs per year |
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