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

Likes

Nothing.

Dislikes

... offer whatsoever. Redundant work with close to nothing in terms of improvement. Salary: Pays well. But not enough and nothing is enough to completely dismantle your work-life balance and your private life as well. Company culture: Worst. Plagued with internal politics and favouritism. Kolkata branch especially has deep-rooted nepotism so do make friends with the ones who have familiar connections with the top brass (If you're an unfortunate employee in the Kolkata branch). Job security: Officially EY doesn't believe in the hire-and-fire culture as communicated quite vocally by the HRs, but unofficially and as the truth is about them, if you get on the wrong footing with the seniors, they will make it a personal mission to see you're thrown out of the company. Promotions: Be on the good books of the nepo colleagues and they will have a good word for you with the higher management (their relatives) and viola! You have been promoted! Or, get on their bad books and see yourself getting thrown out the next year or so. Yes, work isn't a qualifying metric for promotions, sadly. Work satisfaction: If you are up for redundant work and looking for a place to exclusively retire yourself having done all the improvements and upskilling that you could in your entire career and finally said to yourself it's time to hang up the boots but still need a moderate source of income, then this is the right place for you to be and you'd be satisfied by how stagnant and redundant the work here is. A great and stable close-to-retirement work-life which competes with the likes of working at TCS.

Likes

Good hikes and bonus with changes of working on upcoming and trending technologies, which again would depend on the kind of project you are alloted with. Flexible working is a plus.

Dislikes

Poor work-life balance, toxic managers, tight deadlines.

Likes

Their is nothing to like about they make you work for over 10-12 hrs a day without any recognition

Dislikes

The culture is very toxic with office politics always taking first place. Even if you outperform your peers you will not get appraisal or bonus because office politics may not allow it

Likes

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

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.

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