KPMG India Mumbai Investment Banking Associate Salaries by 9 Employees

2 - 6 years exp.

₹19 Lakhs - ₹24 Lakhs

Salary of majority employees

27% 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

Strategic & Top Management Investment Banking Associate Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹24 L/yr
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BFSI, Investments & Trading Investment Banking Associate Salary 3 years exp. (AmbitionBox Estimate)	₹15.4 L/yr - ₹20 L/yr

Last Updated: 2 Jun 2024

Companies similar to KPMG India for Investment Banking Associate in Mumbai

KPMG India Investment Banking Associate Salary

2 - 6 years exp. (9 salaries)

₹19 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
Ernst & Young Investment Banking Associate Salary 2 - 5 years exp. (8 salaries)	₹13 L/yr - ₹45 L/yr 28% more
PwC Investment Banking Associate Salary 1 - 4 years exp. (8 salaries)	₹11 L/yr - ₹25 L/yr 11% less
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JPMorgan Chase & Co. Investment Banking Associate Salary 2 - 7 years exp. (89 salaries)	₹13.6 L/yr - ₹49 L/yr 48% more
SBI Capital Markets Investment Banking Associate Salary 0 - 5 years exp. (28 salaries)	₹12 L/yr - ₹18.4 L/yr 26% less
Accenture Investment Banking Associate Salary 0 - 5 years exp. (22 salaries)	₹2.6 L/yr - ₹6.6 L/yr 82% less

Investment Banking Associate salary at KPMG India ranges between ₹19 Lakhs to ₹24 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of KPMG India.

Experience wise KPMG India Investment Banking Associate salaries in Mumbai

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.7 L/yr
3 years (4 salaries)	₹20 L/yr - ₹22.4 L/yr
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4 years (3 salaries)	₹19 L/yr - ₹24 L/yr
5 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.2 L/yr
6 years (AmbitionBox Estimate)	₹21.4 L/yr - ₹27.4 L/yr

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Salary related reviews for KPMG India

Analyst in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Jan 2025

1.0

for Salary and Benefits

Likes

The convenient bus service, the free lunches, and the amazing co-workers.

Dislikes

The workload is heavy, the hours are long and the salary is low. They do not care about employees, only about their work and targets. They even ask employees to postpone and reduce their lunch breaks.

Salary - Bad

+5 more

Analyst in Bangalore / Bengaluru

Full Time

IT & Information Security Department

3.0

• posted on 27 Nov 2024

3.0

for Salary and Benefits

Likes

The Salary which you get is good.

Job security - Good

Dislikes

The work life balance and the services like cab and over time benefits are not there, and they may plot you to any kind of work which may be totally different from your background.

Skill development - Poor

+2 more

Analyst in Gurgaon / Gurugram

Full Time

Advisory function Department

3.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

... all types of courses, travels and stays depending on the budget obviously. 5. Good hikes but make sure your base pay is satisfactory to really enjoy the two-digit hikes.

Skill development - Excellent

+2 more

Dislikes

1. Average in terms of perks and benefits. 2. Forget about work-life balance, depends entirely on the project, in consulting it is usually hard to maintain work life balance. 3. Lots of politics but it will keep you sharp! 4. Unrealistic expectations and never-ending work.

Work satisfaction - Poor

+1 more

Analyst in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 05 Sep 2023

2.0

for Salary and Benefits

Likes

Good Brand name to start your career Job security and learning programs You'll also get a lot of exposure depending on the department you work in

Job security - Excellent

Dislikes

Low salary, negligible benefits without CA you don't have much scope to grow

Salary - Poor

+2 more

Senior Associate in San Francisco

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

Likes

They offered a good package relatively

Salary - Good

Dislikes

There is a long list... The Management in KPMG San Francisco office is pathetic, which leads to stressful work. Bad work culture. NO JOB security, you can be fired anytime.

Skill development - Bad

+5 more

see more salary related reviews

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slimshady5917

works at

IBM

IBM to KPMG, Should i make a switch

I am currently working as a delivery consultant in IBM(1YOE), which is a technical role and i want to make a switch into a non-tech Consulting centric role and have an offer from KPMG as an analyst, the salary hike is not significant but I want to make a strong profile for making it into management consulting firm later on in my life, should I be making a switch, or wait for any better opportunity as the growth in IBM is very slow and takes time.

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KPMG India Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at KPMG India in Mumbai?

The average salary of a Investment Banking Associate at KPMG India in Mumbai typically ranges from ₹19.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Investment Banking Associate in Mumbai at KPMG India earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Investment Banking Associate Salaries at KPMG India 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 9 KPMG India employees in India.

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

The estimated take-home salary of a Investment Banking Associate at KPMG India in Mumbai typically ranges from ₹1,35,621 to ₹1,40,616 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹24.0 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 9 salaries received from various employees of KPMG India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than KPMG India for Investment Banking Associate in India?

JPMorgan Chase & Co.	₹13.6 Lakhs to ₹49.0 Lakhs per year
Ernst & Young	₹13.0 Lakhs to ₹45.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by KPMG India, depending on the role and experience level.

What is the salary of a Investment Banking Associate in companies similar to KPMG India in Mumbai?

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

PwC	₹11.0 Lakhs to ₹25.0 Lakhs per year
SBI Capital Markets	₹12.0 Lakhs to ₹18.4 Lakhs per year
Accenture	₹2.6 Lakhs to ₹6.6 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 KPMG India in Mumbai?

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

Experience	Average Salary Range
2 years	₹17.7 Lakhs to ₹22.7 Lakhs per year
3 years	₹20.0 Lakhs to ₹22.4 Lakhs per year
4 years	₹19.0 Lakhs to ₹24.0 Lakhs per year
5 years	₹20.5 Lakhs to ₹26.2 Lakhs per year

and so on.

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KPMG India Investment Banking Associate Salaries in Mumbai

KPMG India Investment Banking Associate salary in Mumbai ranges between ₹19 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 KPMG India latest salaries received from various employees of KPMG India.