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Ernst & Young Investment Banking Associate salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹13 Lakhs - ₹45 Lakhs
Salary of majority employees
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98% more than the average Investment Banking Associate Salary in Management Consulting Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Investment Banking Associate Salary
2 - 5 years exp. (6 salaries)
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₹16 L/yr - ₹40.5 L/yr

Strategic & Top Management
Investment Banking Associate Salary
2 - 6 years exp. (4 salaries)
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₹14 L/yr - ₹35 L/yr

Consulting
Investment Banking Associate Salary
3 - 5 years exp. (3 salaries)
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₹30.5 L/yr - ₹45 L/yr

Last Updated: 9 Mar 2025

Companies similar to Ernst & Young for Investment Banking Associate

Company name Avg Annual Salary Open Jobs
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PwC Investment Banking Associate Salary

1 - 4 years exp. (21 salaries)

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₹11 L/yr - ₹25 L/yr

arrow icon 39% less
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₹12 L/yr - ₹32.7 L/yr

arrow icon 25% less
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Deloitte Investment Banking Associate Salary

0 - 5 years exp. (4 salaries)

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₹12.5 L/yr - ₹15 L/yr

arrow icon 53% less
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₹26 L/yr - ₹38 L/yr

arrow icon 5% more
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₹18 L/yr - ₹30 L/yr

arrow icon 26% less
Investment Banking Associate salary at Ernst & Young ranges between ₹13 Lakhs to ₹45 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 26 latest salaries received from various employees of Ernst & Young.

Latest annual salaries shared by Ernst & Young Investment Banking Associate

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Experience wise Ernst & Young Investment Banking Associate salaries

Last Updated: 9 Mar 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹13 L/yr - ₹33 L/yr
3 years  (7 salaries)

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₹17 L/yr - ₹40.5 L/yr
4 years  (7 salaries)

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₹14 L/yr - ₹40 L/yr
5 years  (5 salaries)

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₹13 L/yr - ₹45 L/yr
6 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹35 L/yr

Similar Designation salaries in Ernst & Young

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₹3.6 L/yr - ₹8 L/yr
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₹2 L/yr - ₹7.63 L/yr
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₹23 L/yr - ₹40 L/yr
Financial Analyst Salary
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₹4.5 L/yr - ₹13.91 L/yr
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₹4.88 L/yr - ₹20.85 L/yr
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₹4.5 L/yr - ₹16.67 L/yr
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₹15 L/yr - ₹55 L/yr

Top skills at Ernst & Young for Investment Banking Associate

Private Equity Investment Banking Financial Modelling MA Ca Due Diligence Strategy consulting Fund Raising Financial Analysis Financial Consultancy Venture Capital Corporate Finance Valuation

Salary related reviews for Ernst & Young

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 11 Dec 2024

4.0
 for  Salary and Benefits

Likes

The manager was very supportive and the work life balance was good.

  • Salary - Good
  • +4 more

Dislikes

...sary pressure to work from office and the unsupportive rude behaviour of the HR. There was nothing given above and beyond the salary not even box of sweets on small occasions. All the team outings and activities were self sponsored.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 25 Sep 2024

3.0
 for  Salary and Benefits

Likes

Appraisals and pay scale amongst the other big 4s are ok

  • Job security - Good

Dislikes

It has terrible work-life balance and toxic work culture. You are forced to work on Saturday by creating undue pressure although there is no deadline

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 21 Sep 2024

2.0
 for  Salary and Benefits

Likes

They provide hybrid mode but whenever you need work from home even for medical emergency they ask so much evidence and validate from their doctor team. And make it so much complex so that you stop asking for.

read more
  • Skill development - Good
  • +2 more

Dislikes

Company asks for 11 hours of works on official note in busy season without paying any extra compensation and benefits. That 11 hours of works takes 14 -15 hrs.Apart from busy season you have to work 11 hrs No travel allowance No food allowance,also high charges in cafeteria

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 22 Jul 2024

3.0
 for  Salary and Benefits

Likes

Good pay structure

  • Skill development - Good
  • +1 more

Dislikes

Very toxic culture and filthy people who always utter bad things and humiliates their juniors. They're qualified professional holding professional certification but they don't have any etiquettes.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 16 Jul 2024

2.0
 for  Salary and Benefits

Likes

Looks good on CV Company environment & culture looks ideal during Inductions Office at prime locations

Dislikes

...make you scapegoats when you're not butliking and they've target to fire people. They'll make your life hell, like if you're offline for 45mins from Teams for lunch, they'll call you, scold you in front of their bosses When I complaint to Exit HR, she said she cannot note it as exit reason, really wow Cannot change counsellors without their approvals which defeats the purpose of having that option Managers know everyone's contributions but will only support their favourites No professionalism No software licenses for project work(I've to use trial versions using different accounts after it expires), No standard templates for documentation or project management Unnecessary trainings pops up every now & then, sometimes same trainings with revised syllabus that you've to pass every quarter with 80% and un-skippable videos Below average hike, they told everyone gets full variable pay but that's only for favourites You'll see most bad behaviour - low skill one's promoted & defended by Seniors. They must have some off-office understandings going on. First I applied for early release which they denied & just before a week got email-approvals on my early request of early release. so called supportive culture gives you a week to find another job

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Ernst & Young Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Ernst & Young ?
The average salary of a Investment Banking Associate at Ernst & Young in India typically ranges from ₹13.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Investment Banking Associate at Ernst & Young earn more than ₹39.5 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Investment Banking Associate Salaries at Ernst & Young can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Ernst & Young employees in India.
What is the estimated take home salary of a Investment Banking Associate at Ernst & Young in India?
The estimated take-home salary of a Investment Banking Associate at Ernst & Young in India typically ranges from ₹1,83,856 to ₹1,91,032 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Ernst & Young. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Investment Banking Associate at Ernst & Young ?
To be a Investment Banking Associate at Ernst & Young in india, the key skills required include:

  • - Private Equity
  • - Investment Banking
  • - Financial Modelling
  • - MA
  • - Ca

These skills are highly valued at Ernst & Young and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Ernst & Young for Investment Banking Associate in India?
Bain & Company ₹26.0 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ernst & Young, depending on the role and experience level.
What is the salary of a Investment Banking Associate in companies similar to Ernst & Young in India?
The salary of a Investment Banking Associate at companies similar to Ernst & Young in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

KPMG India ₹12.0 Lakhs to ₹32.7 Lakhs per year
Alvarez & Marsal ₹18.0 Lakhs to ₹30.0 Lakhs per year
PwC ₹11.0 Lakhs to ₹25.0 Lakhs per year
Deloitte ₹12.5 Lakhs to ₹15.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Investment Banking Associate at Ernst & Young in India?
The salary growth for a Investment Banking Associate at Ernst & Young depends on factors such as experience, performance, and promotions. On average, a Investment Banking Associate can expect the following growth trajectory at Ernst & Young:

Experience Average Salary Range
2 years ₹13.0 Lakhs to ₹33.0 Lakhs per year
3 years ₹17.0 Lakhs to ₹40.5 Lakhs per year
4 years ₹14.0 Lakhs to ₹40.0 Lakhs per year
5 years ₹13.0 Lakhs to ₹45.0 Lakhs per year
and so on.

Tell us how to improve this page.

Ernst & Young Investment Banking Associate salary in India ranges between ₹13 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 Ernst & Young latest salaries received from various employees of Ernst & Young.