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Bank of America Investment Banking Associate salaries in Mumbai

Annual salary range
3 - 11 years exp.
₹25 Lakhs - ₹52 Lakhs
Salary of majority employees
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117% more than the average Investment Banking Associate Salary in Banking Companies for 3 - 11 years of experience

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Last Updated: 25 Jan 2024

Companies similar to Bank of America for Investment Banking Associate in Mumbai

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Bank of America Investment Banking Associate Salary

3 - 11 years exp. (10 salaries)

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₹25 L/yr - ₹52 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7.2 L/yr - ₹14 L/yr

arrow icon 74% less
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₹25 L/yr - ₹65.8 L/yr

arrow icon 7% more
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UBS Investment Banking Associate Salary

2 - 8 years exp. (5 salaries)

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₹29.5 L/yr - ₹80 L/yr

arrow icon 64% more
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₹21 L/yr - ₹65 L/yr

arrow icon 49% more
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₹12.4 L/yr - ₹49 L/yr

arrow icon 14% less
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HDFC Bank Investment Banking Associate Salary

0 - 8 years exp. (19 salaries)

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₹16 L/yr - ₹32 L/yr

arrow icon 38% less
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₹10 L/yr - ₹25 L/yr

arrow icon 44% less
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₹35 L/yr - ₹72.5 L/yr

arrow icon 18% more
Investment Banking Associate salary at Bank of America ranges between ₹25 Lakhs to ₹52 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Investment Banking Associate in Mumbai

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10 years exp.
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11 years exp.
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9 years exp.
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Experience wise Bank of America Investment Banking Associate salaries in Mumbai

Last Updated: 25 Jan 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹52 L/yr
4 years (AmbitionBox Estimate)

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₹31.7 L/yr - ₹40.5 L/yr
5 years (AmbitionBox Estimate)

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₹31.5 L/yr - ₹40.3 L/yr
6 years (AmbitionBox Estimate)

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₹30 L/yr - ₹62.6 L/yr
7 years (AmbitionBox Estimate)

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₹25.5 L/yr - ₹62.2 L/yr
View all

Similar Designation salaries in Bank of America

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₹19 L/yr - ₹55 L/yr
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₹9 L/yr - ₹27.5 L/yr
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₹35 L/yr - ₹48 L/yr
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₹3.5 L/yr - ₹10.61 L/yr
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₹3.6 L/yr - ₹6.6 L/yr
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₹4.5 L/yr - ₹5.2 L/yr

Salary related reviews for Bank of America

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 04 Oct 2024

5.0
 for  Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

read more
  • Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 24 Oct 2023

4.0
 for  Salary and Benefits

Likes

Good salary, Networking is encouraged (too much sometimes!), Volunteering activities.

read more
  • Salary - Good
  • +1 more

Dislikes

Company culture specially the bhai-bandi attitude between old timers, very BPO kind of environment, tenure and connection is more relevant than the skill of a person (specially new joiners)

read more
  • Company culture - Poor

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 18 Aug 2023

4.0
 for  Salary and Benefits

Likes

Good Salary, work life balance.

  • Salary - Good
  • +4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

read more
  • Job security - Excellent
  • +1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 28 Jan 2022

4.0
 for  Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

read more
  • Salary - Good
  • +6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

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Bank of America Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Bank of America Mumbai?
Investment Banking Associate salary at Bank of America in Mumbai ranges between ₹25.0 Lakhs to ₹52.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 117% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bank of America Mumbai.
How does the salary of a Investment Banking Associate at Bank of America Mumbai compare with the average salary range for this job?
The average salary of a Investment Banking Associate at Bank of America is 117% 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 Bank of America 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
  • Standard Chartered Investment Banking Associate Salary - ₹35.0 Lakhs to ₹72.5 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 Bank of America in Mumbai?
  • JPMorgan Chase & Co. Investment Banking Associate Salary - ₹12.4 Lakhs to ₹49.0 Lakhs per year
  • HDFC Bank Investment Banking Associate Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
  • ICICI Bank Investment Banking Associate Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
  • Morgan Stanley Investment Banking Associate Salary - ₹7.2 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Investment Banking Associate at Bank of America in Mumbai?
The estimated take-home salary of a Investment Banking Associate at Bank of America ranges between ₹2,11,221 per month to ₹2,19,634 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Investment Banking Associate salary in India which ranges between ₹25.0 Lakhs to ₹52.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Investment Banking Associate at Bank of America in Mumbai?
According to AmbitionBox, 80% of the Bank of America Investment Banking Associates in Mumbai reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America Investment Banking Associate salary in Mumbai ranges between ₹25 Lakhs to ₹52 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Bank of America latest salaries received from various employees of Bank of America.