Avendus Mumbai Investment Banking Associate Salaries by 20+ Employees (Updated 2025)

1 - 3 years exp.

₹20 Lakhs - ₹54 Lakhs

Salary of majority employees

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123% more than the average Investment Banking Associate Salary in Financial Services Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Investment Banking Associate Salary 1 - 2 years exp. (3 salaries)	Unlock ₹25 L/yr - ₹40 L/yr
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Finance & Accounting Investment Banking Associate Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹23 L/yr - ₹36.9 L/yr

Last Updated: 13 Jan 2025

Companies similar to Avendus for Investment Banking Associate in Mumbai

Avendus Investment Banking Associate Salary

1 - 3 years exp. (21 salaries)

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₹20 L/yr - ₹54 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Investment Banking Associate Salary 1 - 8 years exp. (4 salaries)	Unlock ₹7.2 L/yr - ₹14 L/yr 76% less
JPMorgan Chase & Co. Investment Banking Associate Salary 2 - 7 years exp. (88 salaries)	Unlock ₹20 L/yr - ₹49 L/yr 12% less
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Deutsche Bank Investment Banking Associate Salary 1 - 6 years exp. (11 salaries)	Unlock ₹25 L/yr - ₹65.8 L/yr 2% more
UBS Investment Banking Associate Salary 2 - 8 years exp. (5 salaries)	Unlock ₹29.5 L/yr - ₹80 L/yr 57% more
Nomura Holdings Investment Banking Associate Salary 2 - 5 years exp. (4 salaries)	Unlock ₹21 L/yr - ₹65 L/yr 42% more
HDFC Bank Investment Banking Associate Salary 0 - 8 years exp. (20 salaries)	Unlock ₹16 L/yr - ₹30 L/yr 42% less
ICICI Bank Investment Banking Associate Salary 3 - 7 years exp. (5 salaries)	Unlock ₹10 L/yr - ₹25 L/yr 46% less
Kotak Mahindra Bank Investment Banking Associate Salary 1 - 4 years exp. (5 salaries)	Unlock ₹20 L/yr - ₹38.8 L/yr 23% less
Anand Rathi Global Finance Investment Banking Associate Salary 2 - 6 years exp. (3 salaries)	Unlock ₹11.5 L/yr - ₹12.4 L/yr 67% less

Investment Banking Associate salary at Avendus ranges between ₹20 Lakhs to ₹54 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 21 latest salaries received from various employees of Avendus.

Latest annual salaries shared by Avendus Investment Banking Associate in Mumbai

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Experience wise Avendus Investment Banking Associate salaries in Mumbai

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
1 year (10 salaries)	Unlock ₹20 L/yr - ₹54 L/yr
2 years (6 salaries)	Unlock ₹25 L/yr - ₹40 L/yr
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3 years (5 salaries)	Unlock ₹20 L/yr - ₹50 L/yr

Similar Designation salaries in Avendus

Associate Vice President Salary

(27 salaries)

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₹22.68 L/yr - ₹64.9 L/yr

Analyst Salary

(4 salaries)

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₹9.2 L/yr - ₹14 L/yr

Salary related reviews for Avendus

4.1

Rated by 3 employees for salary & benefits

Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Jun 2023

4.0

for Salary and Benefits

Likes

The learning curve is steep in Avendus for most of the employees. The office is also very cool and there is a lot of emphasis on employee welfare and satisfaction.

Salary - Good

+5 more

Dislikes

Appraisals have been extremely disappointing. The work culture can be better - though it depends on which team you work with. Better to get feedback of your manager from the current/past employees before joining.

Promotions - Poor

Investment Banking Associate in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing. Most toxic place on earth to work for. MD will suck the life out of you shout at you in every conversation.

Dislikes

Already mentioned above. Hell organization! Everyone is same the same and politics stays at the maximum

Salary - Bad

+6 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Nov 2023

4.0

for Salary and Benefits

Likes

Learning opportunities are good along with being offered a lot of responsibility

Salary - Good

+1 more

Dislikes

Apart from 1-2 teams, team culture is largely a problem with a lot of toxicity, office politics, and a general treatment of juniors as a replaceable resource.

Job security - Bad

+3 more

Executive Assistant To 5 Executive Directors And The Delhi Team in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Dec 2023

4.0

for Salary and Benefits

Likes

The work atmosphere is OK if you know how to handle people.

Salary - Good

+3 more

Dislikes

In the absence of a proper HR personnel in Delhi office, everything is managed by 1 person who is very biased towards her group of 3 people and adds unnecessary pressure in others, forcing them to quit.

Promotions - Bad

+1 more

Associate Vice President - Product Management - Tech in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Feb 2023

3.0

for Salary and Benefits

Likes

Founders are still playing an important role in company's growth, International offsites every alternate year, 5 days a week,

Dislikes

Work life balance, Biased policies towards employees, Company Culture (though they boast they have the best), Leadership skills in CXOs,

Promotions - Poor

+2 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Avendus Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Avendus Mumbai?

Investment Banking Associate salary at Avendus in Mumbai ranges between ₹20.0 Lakhs to ₹54.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 123% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Avendus Mumbai.

How does the salary of a Investment Banking Associate at Avendus Mumbai compare with the average salary range for this job?

The average salary of a Investment Banking Associate at Avendus is 123% more than the average salary of a Investment Banking Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Avendus to a Investment Banking Associate in Mumbai?

UBS Investment Banking Associate Salary - ₹29.5 Lakhs to ₹80.0 Lakhs per year
Nomura Holdings Investment Banking Associate Salary - ₹21.0 Lakhs to ₹65.0 Lakhs per year
Deutsche Bank Investment Banking Associate Salary - ₹25.0 Lakhs to ₹65.8 Lakhs per year

What is the salary of a Investment Banking Associate in companies similar to Avendus in Mumbai?

JPMorgan Chase & Co. Investment Banking Associate Salary - ₹20.0 Lakhs to ₹49.0 Lakhs per year
Kotak Mahindra Bank Investment Banking Associate Salary - ₹20.0 Lakhs to ₹38.8 Lakhs per year
HDFC Bank Investment Banking Associate Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Investment Banking Associate Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Anand Rathi Global Finance Investment Banking Associate Salary - ₹11.5 Lakhs to ₹12.4 Lakhs per year

What is the estimated take home salary of a Investment Banking Associate at Avendus in Mumbai?

The estimated take-home salary of a Investment Banking Associate at Avendus ranges between ₹2,19,632 per month to ₹2,28,426 per month in Mumbai. The take-home salary calculation is based on the average Avendus Investment Banking Associate salary in India which ranges between ₹20.0 Lakhs to ₹54.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Investment Banking Associate at Avendus in Mumbai?

According to AmbitionBox, 33% of the Avendus Investment Banking Associates in Mumbai reported a notice period of 15 days or less, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Avendus Investment Banking Associate Salaries in Mumbai

Avendus Investment Banking Associate salary in Mumbai ranges between ₹20 Lakhs to ₹54 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Avendus latest salaries received from various employees of Avendus.