PwC Mumbai Investment Banking Associate Salaries by 8 Employees (Updated 2025)

1 - 4 years exp.

₹10 Lakhs - ₹25 Lakhs

Salary of majority employees

7% more than the average Investment Banking Associate Salary in Management Consulting Companies for 1 - 4 years of experience

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Last Updated: 13 Aug 2024

Companies similar to PwC for Investment Banking Associate in Mumbai

PwC Investment Banking Associate Salary

1 - 4 years exp. (8 salaries)

₹10 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Investment Banking Associate Salary 1 - 8 years exp. (4 salaries)	₹7.2 L/yr - ₹14 L/yr 48% less
Deutsche Bank Investment Banking Associate Salary 1 - 7 years exp. (11 salaries)	₹25 L/yr - ₹65.8 L/yr 116% more
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UBS Investment Banking Associate Salary 2 - 8 years exp. (5 salaries)	₹29.5 L/yr - ₹80 L/yr 232% more
Nomura Holdings Investment Banking Associate Salary 2 - 5 years exp. (4 salaries)	₹21 L/yr - ₹65 L/yr 201% more
KPMG India Investment Banking Associate Salary 2 - 6 years exp. (9 salaries)	₹19 L/yr - ₹24 L/yr 24% more
Ernst & Young Investment Banking Associate Salary 2 - 6 years exp. (8 salaries)	₹13 L/yr - ₹45 L/yr 49% more

Investment Banking Associate salary at PwC ranges between ₹10 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 8 latest salaries received from various employees of PwC.

Experience wise PwC Investment Banking Associate salaries in Mumbai

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹11.9 L/yr - ₹24 L/yr
2 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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3 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹25 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹27.2 L/yr

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Top skills at PwC for Investment Banking Associate

Investment Banking Corporate Finance Data Analysis Hospital Administration Client Management Industry Research Forecasting Cash Flow Ca Analytical Chemistry CA MA Private Equity Big4 Financial Analysis

Salary related reviews for PwC

Senior Associate in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

The likes and dislikes may vary based on the project you are in within each stream in PwC. I work in payments transformation in Advisory , here the work like balance is good and the team is supportive, for me.

Job security - Good

+1 more

Dislikes

... discussions are a bit frustrating since the hr wont budge to your negotiations. Hence the salary wont be what is expected when moving companies.

Senior Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 07 Jan 2025

4.0

for Salary and Benefits

Likes

...e is enough potential for growth if you like to work in the offshore segment. 2. The salary is good. 3. Good experience if you want to move out of India in other AC's or Onshore teams. Although there have been less opportunity to move to the onshore team recently.

Salary - Good

Dislikes

1. There is no concept of work life balance. There seems to be busy season all around the year specially in EUM and TMT Industry. 2. If your manager has a habbit of micromanagement then it is going to be very difficult to grow in your job. 3. Minimal to no client facing audit experience.

Work-life balance - Poor

Senior Associate in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

Unfortunately I was so troubled there is nothing good about pec in my case

Dislikes

Worst work life balance is a myth in pwc, management is toxic. They do not treat employee with respect , less pay, more work, no pay for extra time worked , managers will force employee to work from home

Salary - Bad

+6 more

Senior Associate in Kolkata

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Nov 2024

4.0

for Salary and Benefits

Likes

It has been great experience working in PwC India for last 2 years. Overall work culture, job satisfaction and quality of work is really good. Also everyone is very supportive whenever needed. Medical Insurance policy is great though copay is raised to 15% from this year. Hybrid work policy is another key aspects here.

Salary - Good

+6 more

Dislikes

...s for learn things as work pressure remains constant and high most of the times. Also compensation wise, PwC is renowned but unfortunately last year hike percentage was very bad. Hope this will improve from the coming years.

Senior Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

2.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Competitive Salary Working experience with clients from developed countries like European countries and the USA. Frequent technology updates

Dislikes

Poor work-Life Salary hikes are stopped for small reasons or no reasons Employees are fired for no reason High performance does not matter when considering promotions and employee retention

Job security - Bad

+4 more

see more salary related reviews

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What people are saying about PwC

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Confused about Salary negotiations

CTC - 8 LPA Loc - Bengaluru, India I have been working in the same company for the last 5 years. My salary went from 3.6 LPA to 8 LPA over the years. I recently put papers, and, started giving interviews. I got an offer from TCS for 15 LPA(12.8 fixed). For more than a month, I've been giving interviews, asking for 18 LPA and many HRs are rejecting straight away, citing it is more than 100% hike from my current CTC. I kept trying and now I am selected for 5 companies - Iris Software, Capgemini, Quantzig Analytics, PwC, HCL, Infinite. Salary discussions are about to start and I'm confused. I'm not good at this. Can anyone suggest?

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PwC Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at PwC Mumbai?

Investment Banking Associate salary at PwC in Mumbai ranges between ₹10.0 Lakhs to ₹25.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 7% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 8 latest salaries received from various employees of PwC Mumbai.

How does the salary of a Investment Banking Associate at PwC Mumbai compare with the average salary range for this job?

The average salary of a Investment Banking Associate at PwC is 7% 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 PwC?

Investment Banking, Corporate Finance, Data Analysis, Hospital Administration and Client Management are some of the popular skills required to work as a Investment Banking Associate at PwC Mumbai.

Which similar companies are paying more than PwC to a Investment Banking Associate in Mumbai?

UBS Investment Banking Associate Salary - ₹29.5 Lakhs to ₹80.0 Lakhs per year
Nomura Holdings Investment Banking Associate Salary - ₹21.0 Lakhs to ₹65.0 Lakhs per year
Deutsche Bank Investment Banking Associate Salary - ₹25.0 Lakhs to ₹65.8 Lakhs per year
Ernst & Young Investment Banking Associate Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year
KPMG India Investment Banking Associate Salary - ₹19.0 Lakhs to ₹24.0 Lakhs per year

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

Morgan Stanley Investment Banking Associate Salary - ₹7.2 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Investment Banking Associate at PwC ranges between ₹1,16,825 per month to ₹1,20,090 per month in Mumbai. The take-home salary calculation is based on the average PwC Investment Banking Associate salary in India which ranges between ₹10.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Investment Banking Associate at PwC in Mumbai?

According to AmbitionBox, 100% of the PwC Investment Banking Associates in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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PwC Investment Banking Associate Salaries in Mumbai

PwC Investment Banking Associate salary in Mumbai ranges between ₹10 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 PwC latest salaries received from various employees of PwC.