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3.5

based on 10k Reviews

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Ernst & Young Investment Banking Associate salaries in Mumbai

Annual salary range
2 - 5 years exp.
₹13 Lakhs - ₹45 Lakhs
Salary of majority employees
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56% more than the average Investment Banking Associate Salary in Management Consulting Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Investment Banking Associate Salary
2 - 5 years exp. (AmbitionBox Estimate)
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₹16 L/yr - ₹30.3 L/yr

Consulting
Investment Banking Associate Salary
5 years exp. (AmbitionBox Estimate)
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₹26.9 L/yr - ₹45 L/yr

Last Updated: 7 Oct 2024

Companies similar to Ernst & Young for Investment Banking Associate in Mumbai

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Ernst & Young Investment Banking Associate Salary

2 - 5 years exp. (8 salaries)

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₹13 L/yr - ₹45 L/yr

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₹7.2 L/yr - ₹14 L/yr

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₹25 L/yr - ₹70 L/yr

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UBS Investment Banking Associate Salary

2 - 8 years exp. (8 salaries)

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₹39.8 L/yr - ₹45.9 L/yr

arrow icon 66% more
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Accenture Investment Banking Associate Salary

0 - 5 years exp. (23 salaries)

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₹2.3 L/yr - ₹6.6 L/yr

arrow icon 86% less
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₹10 L/yr - ₹24 L/yr

arrow icon 23% less
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PwC Investment Banking Associate Salary

1 - 4 years exp. (8 salaries)

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₹10 L/yr - ₹25 L/yr

arrow icon 32% 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 5 years. Salary estimates are based on 8 latest salaries received from various employees of Ernst & Young.

Latest annual salaries shared by Ernst & Young Investment Banking Associate in Mumbai

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Experience wise Ernst & Young Investment Banking Associate salaries in Mumbai

Last Updated: 7 Oct 2024

Experience Avg Annual Salary
2 years  (3 salaries)

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₹13 L/yr - ₹24 L/yr
3 years (AmbitionBox Estimate)

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₹17 L/yr - ₹44.9 L/yr
4 years (AmbitionBox Estimate)

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₹14 L/yr - ₹48 L/yr
5 years  (3 salaries)

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₹16 L/yr - ₹45 L/yr

Similar Designation salaries in Ernst & Young

Senior Associate Salary
(335 salaries)
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₹7 L/yr - ₹27 L/yr
Senior Analyst Salary
(198 salaries)
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₹4 L/yr - ₹13.3 L/yr
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₹15 L/yr - ₹50 L/yr
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₹8.89 L/yr - ₹26 L/yr
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₹3.25 L/yr - ₹9 L/yr
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₹3 L/yr - ₹6.7 L/yr
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₹25 L/yr - ₹40 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

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

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

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

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

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 22 Jul 2024

3.0
 for  Salary and Benefits

Likes

Good pay structure

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

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

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Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 May 2024

4.0
 for  Salary and Benefits

Likes

The only thing good here is salary.

Dislikes

The management is not at all supportive. The expectation of the managers and assistant manager are unrealistic. They start pin pointing your silly mistakes There expectations is that employee should work for 12 hours a day Should take minimum leave, should inform one month prior before taking leaves lots of micro management Very bad work culture

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Ernst & Young Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Ernst & Young Mumbai?
Investment Banking Associate salary at Ernst & Young in Mumbai ranges between ₹13.0 Lakhs to ₹45.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 56% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Ernst & Young Mumbai.
How does the salary of a Investment Banking Associate at Ernst & Young Mumbai compare with the average salary range for this job?
The average salary of a Investment Banking Associate at Ernst & Young is 56% more than the average salary of a Investment Banking Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Investment Banking Associate at Ernst & Young?
Private Equity, Investment Banking, Financial Modelling, MA and Ca are some of the popular skills required to work as a Investment Banking Associate at Ernst & Young Mumbai.
Which similar companies are paying more than Ernst & Young to a Investment Banking Associate in Mumbai?
  • Deutsche Bank Investment Banking Associate Salary - ₹25.0 Lakhs to ₹70.0 Lakhs per year
  • UBS Investment Banking Associate Salary - ₹39.8 Lakhs to ₹45.9 Lakhs per year
What is the salary of a Investment Banking Associate in companies similar to Ernst & Young in Mumbai?
  • KPMG India Investment Banking Associate Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
  • PwC 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
  • Accenture Investment Banking Associate Salary - ₹2.3 Lakhs to ₹6.6 Lakhs per year
What is the estimated take home salary of a Investment Banking Associate at Ernst & Young in Mumbai?
The estimated take-home salary of a Investment Banking Associate at Ernst & Young ranges between ₹1,62,820 per month to ₹1,69,045 per month in Mumbai. The take-home salary calculation is based on the average Ernst & Young Investment Banking Associate salary in India which ranges between ₹13.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Investment Banking Associate at Ernst & Young in Mumbai?
According to AmbitionBox, 100% of the Ernst & Young Investment Banking Associates in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Ernst & Young Investment Banking Associate salary in Mumbai ranges between ₹13 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Ernst & Young latest salaries received from various employees of Ernst & Young.