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Goldman Sachs Investment Banking Associate salaries in India

Annual salary range
1 - 5 years exp.
₹14 Lakhs - ₹54.5 Lakhs
Salary of majority employees
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102% more than the average Investment Banking Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Investment Banking Associate Salary
1 - 5 years exp. (29 salaries)
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₹15 L/yr - ₹50.5 L/yr

Finance & Accounting
Investment Banking Associate Salary
3 - 5 years exp. (8 salaries)
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₹14 L/yr - ₹40 L/yr

Last Updated: 22 Oct 2024

Companies similar to Goldman Sachs for Investment Banking Associate

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹17.6 L/yr

arrow icon 68% less
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₹21 L/yr - ₹80 L/yr

arrow icon 69% more
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₹25 L/yr - ₹70 L/yr

arrow icon 56% more
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UBS Investment Banking Associate Salary

1 - 8 years exp. (5 salaries)

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₹8 L/yr - ₹21.5 L/yr

arrow icon 53% less
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₹29.8 L/yr - ₹65 L/yr

arrow icon 44% more
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₹19.5 L/yr - ₹35 L/yr

arrow icon 5% less
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₹20 L/yr - ₹46.4 L/yr

At par
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₹18.7 L/yr - ₹63 L/yr

arrow icon 19% more
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₹17.8 L/yr - ₹30 L/yr

arrow icon 36% less
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₹23.5 L/yr - ₹63.5 L/yr

arrow icon 32% more
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₹3 L/yr - ₹3.6 L/yr

arrow icon 89% less
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₹62 L/yr - ₹70 L/yr

arrow icon 112% more
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Atos Investment Banking Associate Salary

1 - 4 years exp. (3 salaries)

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₹3 L/yr - ₹3 L/yr

arrow icon 90% less
Investment Banking Associate salary at Goldman Sachs ranges between ₹14 Lakhs to ₹54.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 41 latest salaries received from various employees of Goldman Sachs.

Latest annual salaries shared by Goldman Sachs Investment Banking Associate

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Experience wise Goldman Sachs Investment Banking Associate salaries

Last Updated: 22 Oct 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹15 L/yr - ₹36 L/yr
2 years  (10 salaries)

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₹16 L/yr - ₹50 L/yr
3 years  (11 salaries)

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₹15 L/yr - ₹55.2 L/yr
4 years  (7 salaries)

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₹25 L/yr - ₹47 L/yr
5 years  (9 salaries)

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₹14 L/yr - ₹50 L/yr

Similar Designation salaries in Goldman Sachs

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₹7.1 L/yr - ₹26.09 L/yr
Senior Associate Salary
(337 salaries)
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₹8.24 L/yr - ₹32.82 L/yr
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₹3.3 L/yr - ₹10 L/yr
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₹5.5 L/yr - ₹21.1 L/yr
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₹15 L/yr - ₹60 L/yr
Financial Analyst Salary
(340 salaries)
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₹1 L/yr - ₹8.75 L/yr
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₹3.2 L/yr - ₹12.32 L/yr
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₹5.13 L/yr - ₹18.65 L/yr
Senior Analyst Salary
(1.1k salaries)
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₹5 L/yr - ₹19.5 L/yr
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₹20 L/yr - ₹50 L/yr

Salary related reviews for Goldman Sachs

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 31 Mar 2024

2.0
 for  Salary and Benefits

Likes

Flexible hours 3 times food(Paid) Cab service(Paid)

Dislikes

Some internal language will be disadvantage if you go outside GS Few technologies are very legacy Micromanagement Salary is low as compare to competitors Partiality if you're not from tier 1 college Not much benefit

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Oct 2023

2.0
 for  Salary and Benefits

Likes

...tely not good. It's a myth that Goldman pays bomb. Not at all employee friendly. Overall Goldman performance is poor which is effecting our bonus hike from last 2yrs.pathetic eill never refer any of my friend to join Goldman

read more

Dislikes

Manager, work life balance, overtime money is very less, hike less, politics.

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 11 Jan 2023

2.0
 for  Salary and Benefits

Likes

Not much, the office campus is good, but gets too crowded. People are talented, smart and willing to share knowledge.

Dislikes

The office cublicle spacing allows no privacy or personal space. Employees are expected to toll 12+ hours everyday, sometimes even on weekends for no extra pay. Work-life balance is non-existent. The office politics is just mind-numbing, where no importance is given to talent, merit, skills or work-ethics. What matters for appraisals and promotion is just how much of a bootlicker. Company culture makes GS a toxic place. Beware of the false marketing.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 17 Mar 2023

3.0
 for  Salary and Benefits

Likes

very good in cab facilities and food and new work learning in new tools and technology have lot in Goldman sachs

Dislikes

... employee treat as low Don’t expect work life balance for contract employee And salary are low for contact employee 30% Change u will get permanent 70% better once’s contract close check another jobs Heavy work time in office Daily office No hybrid

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 25 Jun 2023

1.0
 for  Salary and Benefits

Likes

Except for a small handful of people who were suffering equally, practically nothing.

Dislikes

Almost everything. Destroyed both my mental AND physical health. Didn't even get the GS typical high salary because so much depends on politics and buttering up to seniors that I came under the bottom wrungs although I worked well. Was way too stressed daily feeling like just another eaisoy replaceable cog in the machine. Not at all people-feiendly, nobody cares for you, managers don't root for you. Some managers in fact actively suppress you and tell you not to highlight ypur academic achievements because others in the team including the manager are from substandard universities and it was giving them an inferiority complex, making them actively isolate you. Some roles even require unpaid work on weekends quite regularly.

read more
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Goldman Sachs Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Goldman Sachs?
Investment Banking Associate salary at Goldman Sachs in India ranges between ₹14.0 Lakhs to ₹54.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 102% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 41 latest salaries received from various employees of Goldman Sachs India.
How does the salary of a Investment Banking Associate at Goldman Sachs India compare with the average salary range for this job?
The average salary of a Investment Banking Associate at Goldman Sachs is 102% more than the average salary of a Investment Banking Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Goldman Sachs to a Investment Banking Associate in India?
  • Citigroup Investment Banking Associate Salary - ₹62.0 Lakhs to ₹70.0 Lakhs per year
  • Credit Suisse Investment Banking Associate Salary - ₹21.0 Lakhs to ₹80.0 Lakhs per year
  • Deutsche Bank Investment Banking Associate Salary - ₹25.0 Lakhs to ₹70.0 Lakhs per year
  • Nomura Holdings Investment Banking Associate Salary - ₹29.8 Lakhs to ₹65.0 Lakhs per year
  • Standard Chartered Investment Banking Associate Salary - ₹23.5 Lakhs to ₹63.5 Lakhs per year
What is the salary of a Investment Banking Associate in companies similar to Goldman Sachs in India?
  • Bank of America Investment Banking Associate Salary - ₹18.7 Lakhs to ₹63.0 Lakhs per year
  • JPMorgan Chase & Co. Investment Banking Associate Salary - ₹20.0 Lakhs to ₹46.4 Lakhs per year
  • HSBC Group Investment Banking Associate Salary - ₹19.5 Lakhs to ₹35.0 Lakhs per year
  • Wells Fargo Investment Banking Associate Salary - ₹17.8 Lakhs to ₹30.0 Lakhs per year
  • UBS Investment Banking Associate Salary - ₹8.0 Lakhs to ₹21.5 Lakhs per year
What is the estimated take home salary of a Investment Banking Associate at Goldman Sachs in India?
The estimated take-home salary of a Investment Banking Associate at Goldman Sachs ranges between ₹1,88,670 per month to ₹1,96,065 per month in India. The take-home salary calculation is based on the average Goldman Sachs Investment Banking Associate salary in India which ranges between ₹14.0 Lakhs to ₹54.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Investment Banking Associate at Goldman Sachs?
According to AmbitionBox, 92% of the Goldman Sachs Investment Banking Associates reported a notice period of 1 Month, 8% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

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Goldman Sachs Investment Banking Associate salary in India ranges between ₹14 Lakhs to ₹54.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 41 Goldman Sachs latest salaries received from various employees of Goldman Sachs.