Investment Banking Associate

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Investment Banking Associate Salary in India (Updated 2025)

based on 1.8k latest salaries • updated: 18 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2.4 Lakhs - ₹37.5 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Investment Banking Associate Salary in India ranges between ₹2.4 Lakhs to ₹37.5 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 1.8k latest salaries received from... Read More
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Top Paying Companies for Investment Banking Associate with 2 years exp

Company name Avg. annual salary Open Jobs
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Latest annual salaries shared by Investment Banking Associates

2d ago

State Street Corporation

Investment Banking Associate

2 years exp.

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3d ago

Acuity Knowledge Partners

Investment Banking Associate

3 years exp.

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3d ago

PwC

Investment Banking Associate

2 years exp.

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3d ago

Acuity Knowledge Partners

Investment Banking Associate

2 years exp.

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4d ago

JM Financial

Investment Banking Associate

3 years exp.

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4d ago

Acuity Knowledge Partners

Investment Banking Associate

2 years exp.

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4d ago

Conneqt Business Solutions

Investment Banking Associate

1 year exp.

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4d ago

Accenture

Investment Banking Associate

2 years exp.

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4d ago

JPMorgan Chase & Co.

Investment Banking Associate

2 years exp.

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5d ago

Equirus Capital

Investment Banking Associate

4 years exp.

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View all latest salaries

Investment Banking Associate salaries by

Years of experience Avg. annual salary
Fresher
(98 salaries)
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₹2 L/yr - ₹40 L/yr

1 year
(420 salaries)
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₹2 L/yr - ₹25 L/yr

2 years
(511 salaries)
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₹2.5 L/yr - ₹32 L/yr

3 years
(422 salaries)
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₹2.8 L/yr - ₹40 L/yr

4 years
(254 salaries)
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₹3 L/yr - ₹40 L/yr

View all salaries by experience

Investment Banking Associate Jobs in India

Investment Banking Associate

· 1-5 years

Aliens Group

·
3.2

Investment Banking Associate

· 0-3 years

Incedo

·
3.1

Gurgaon / Gurugram

Investment Banking Associate

· 0-2 years

Nangia & CO LLP

·
3.8

View all Investment Banking Associate jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Financial Associate Salary
0 - 6 years exp.
(9k salaries)
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₹2 L/yr - ₹11 L/yr

Senior Associate Salary
2 - 10 years exp.
(2.3L salaries)
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₹2.3 L/yr - ₹23 L/yr

Senior Process Associate Salary
2 - 7 years exp.
(50.4k salaries)
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₹2.1 L/yr - ₹6 L/yr

Process Associate Salary
0 - 5 years exp.
(1L salaries)
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₹1.6 L/yr - ₹4.4 L/yr

Associate Salary
0 - 8 years exp.
(2.3L salaries)
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₹1.9 L/yr - ₹16.7 L/yr

View more similar designations

Investment Banking Associate Salary By Locations

Locations Avg. annual salary
Mumbai
Investment Banking Associate
0 - 5 years exp.
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₹3 L/yr - ₹42 L/yr

Bangalore / Bengaluru
Investment Banking Associate
0 - 5 years exp.
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₹2.3 L/yr - ₹35 L/yr

New Delhi
Investment Banking Associate
0 - 5 years exp.
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₹3.8 L/yr - ₹27 L/yr

Hyderabad / Secunderabad
Investment Banking Associate
0 - 5 years exp.
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₹2.2 L/yr - ₹19 L/yr

Gurgaon / Gurugram
Investment Banking Associate
0 - 5 years exp.
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₹3.6 L/yr - ₹17 L/yr

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Investment Banking Associate Salary By Industries

Industries Avg. annual salary

Financial Services

Investment Banking Associate
0 - 5 years exp.
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₹2.4 L/yr - ₹45 L/yr

IT Services & Consulting

Investment Banking Associate
0 - 5 years exp.
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₹2.1 L/yr - ₹15 L/yr

Analytics & KPO

Investment Banking Associate
0 - 5 years exp.
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₹2.4 L/yr - ₹13 L/yr

Investment Banking / Venture Capital / Private Equity

Investment Banking Associate
0 - 5 years exp.
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₹8 L/yr - ₹34 L/yr

Advertising / PR / Events

Investment Banking Associate
1 - 5 years exp.
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₹5.1 L/yr - ₹16 L/yr

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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 ₹2.4 Lakhs to ₹37.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.4 Lakhs to ₹37.5 Lakhs per year, with the highest salary reaching ₹25.0 Lakhs to ₹50.0 Lakhs per year. Salary estimates are based on 1.8k 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
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 ₹13.3 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
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
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
Investment Banking Associate Salary in Mumbai ₹3.0 Lakhs to ₹42.0 Lakhs per year
Investment Banking Associate Salary in Bangalore / Bengaluru ₹2.3 Lakhs to ₹35.0 Lakhs per year
Investment Banking Associate Salary in New Delhi ₹3.8 Lakhs to ₹27.0 Lakhs per year
Investment Banking Associate Salary in Hyderabad / Secunderabad ₹2.2 Lakhs to ₹19.0 Lakhs per year
Investment Banking Associate Salary in Gurgaon / Gurugram ₹3.6 Lakhs to ₹17.0 Lakhs per year
Salary expectations for Investment Banking Associate may vary based on job roles, experience, and specific employer requirements.
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 ₹8.0 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 ₹2 Lakhs to ₹40 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:
Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹40.0 Lakhs per year
1 year ₹2.0 Lakhs to ₹25.0 Lakhs per year
2 years ₹2.5 Lakhs to ₹32.0 Lakhs per year
3 years ₹2.8 Lakhs to ₹40.0 Lakhs per year
and so on.

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