JM Financial Investment Banking Associate Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹14 Lakhs - ₹44 Lakhs

Salary of majority employees

Fixed (50%)

₹15.2 Lakhs

Variable (50%)

₹15.1 Lakhs

102% more than the average Investment Banking Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 19 Feb 2025

Companies similar to JM Financial for Investment Banking Associate

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Investment Banking Associate Salary 1 - 6 years exp. (107 salaries)	₹13.4 L/yr - ₹49 L/yr 4% less
Wells Fargo Investment Banking Associate Salary 0 - 7 years exp. (24 salaries)	₹16.1 L/yr - ₹31 L/yr 27% less
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ICICI Securities Investment Banking Associate Salary 1 - 3 years exp. (14 salaries)	₹10 L/yr - ₹25 L/yr 44% less
Motilal Oswal Financial Services Investment Banking Associate Salary 1 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4.8 L/yr 89% less
ICE Data Services Investment Banking Associate Salary 2 - 3 years exp. (4 salaries)	₹4.6 L/yr - ₹6 L/yr 83% less
Edelweiss Investment Banking Associate Salary 3 - 4 years exp. (3 salaries)	₹8 L/yr - ₹20 L/yr 48% less
Bajaj Capital Investment Banking Associate Salary 0 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹37.5 L/yr 42% less
Motilal Oswal Investment Banking Associate Salary 2 - 3 years exp. (3 salaries)	₹6 L/yr - ₹20 L/yr 57% less

Investment Banking Associate salary at JM Financial ranges between ₹14 Lakhs to ₹44 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 19 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Investment Banking Associate salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹25 L/yr - ₹58.2 L/yr
2 years (5 salaries)	₹14 L/yr - ₹44 L/yr
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3 years (5 salaries)	₹19.5 L/yr - ₹44 L/yr
4 years (6 salaries)	₹14 L/yr - ₹42 L/yr
5 years (AmbitionBox Estimate)	₹21 L/yr - ₹51 L/yr

Similar Designation salaries in JM Financial

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Senior Process Associate Salary

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₹12.2 L/yr - ₹15.5 L/yr

Assistant Vice President Salary

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Financial Analyst Salary

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Senior Analyst Salary

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Associate Vice President Salary

(19 salaries)

₹11 L/yr - ₹32 L/yr

Process Specialist Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Associate Analyst Salary

(4 salaries)

₹5.5 L/yr - ₹12.5 L/yr

Top skills at JM Financial for Investment Banking Associate

Investment Banking Loan Origination Private Equity Monitoring and Evaluation IPO Private Banking

Salary related reviews for JM Financial

3.9

Rated by 2 employees for salary & benefits

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

Skill development - Bad

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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JM Financial Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at JM Financial ?

The average salary of a Investment Banking Associate at JM Financial in India typically ranges from ₹14.0 Lakhs to ₹44.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Investment Banking Associate at JM Financial earn more than ₹43.2 Lakhs per year, and the top 1% earn over ₹44.0 Lakhs per year. Investment Banking Associate Salaries at JM Financial 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 10+ JM Financial employees in India.

What is the estimated take home salary of a Investment Banking Associate at JM Financial in India?

The estimated take-home salary of a Investment Banking Associate at JM Financial in India typically ranges from ₹1,86,871 to ₹1,94,184 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹44.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ salaries received from various employees of JM Financial. 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 JM Financial ?

To be a Investment Banking Associate at JM Financial in india, the key skills required include:

- Investment Banking
- Loan Origination
- Private Equity
- Monitoring and Evaluation
- IPO

These skills are highly valued at JM Financial and are crucial for successful performance in a Software Engineering role.

What is the salary of a Investment Banking Associate in companies similar to JM Financial in India?

The salary of a Investment Banking Associate at companies similar to JM Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co.	₹13.4 Lakhs to ₹49.0 Lakhs per year
Wells Fargo	₹16.1 Lakhs to ₹31.0 Lakhs per year
Bajaj Capital	₹4.5 Lakhs to ₹37.5 Lakhs per year
ICICI Securities	₹10.0 Lakhs to ₹25.0 Lakhs per year
Edelweiss	₹8.0 Lakhs to ₹20.0 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 JM Financial in India?

The salary growth for a Investment Banking Associate at JM Financial depends on factors such as experience, performance, and promotions. On average, a Investment Banking Associate can expect the following growth trajectory at JM Financial:

Experience	Average Salary Range
1 year	₹25.0 Lakhs to ₹58.2 Lakhs per year
2 years	₹14.0 Lakhs to ₹44.0 Lakhs per year
3 years	₹19.5 Lakhs to ₹44.0 Lakhs per year
4 years	₹14.0 Lakhs to ₹42.0 Lakhs per year

and so on.

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JM Financial Investment Banking Associate Salaries

JM Financial Investment Banking Associate salary in India ranges between ₹14 Lakhs to ₹44 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 JM Financial latest salaries received from various employees of JM Financial.