TCS Investment Banking Associate Salaries by 30+ Employees (Updated 2025)

0 - 4 years exp.

₹1.6 Lakh - ₹3.5 Lakhs

Salary of majority employees

83% less than the average Investment Banking Associate Salary in IT Services & Consulting Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Investment Banking Associate Salary 0 - 4 years exp. (26 salaries)	₹1.6 L/yr - ₹3.5 L/yr
Finance & Accounting Investment Banking Associate Salary 1 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹3.2 L/yr
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Customer Success, Service & Operations Investment Banking Associate Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.6 L/yr

Last Updated: 10 Mar 2025

Companies similar to TCS for Investment Banking Associate

Company name	Avg Annual Salary	Open Jobs
Infosys Investment Banking Associate Salary 0 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹4 L/yr 6% less
Wipro Investment Banking Associate Salary 0 - 5 years exp. (14 salaries)	₹1.9 L/yr - ₹5.1 L/yr 23% more
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HCLTech Investment Banking Associate Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 23% less
Tech Mahindra Investment Banking Associate Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 22% more
Mphasis Investment Banking Associate Salary 0 - 3 years exp. (45 salaries)	₹2 L/yr - ₹3 L/yr 7% less
Accenture Investment Banking Associate Salary 0 - 4 years exp. (106 salaries)	₹1.8 L/yr - ₹6.6 L/yr 34% more
Genpact Investment Banking Associate Salary 0 - 5 years exp. (12 salaries)	₹1.5 L/yr - ₹8.1 L/yr 24% more
Cognizant Investment Banking Associate Salary 1 - 12 years exp. (12 salaries)	₹2.5 L/yr - ₹11.3 L/yr 165% more
Societe Generale Global Solution Centre Investment Banking Associate Salary 0 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹6.5 L/yr 113% more
Capgemini Investment Banking Associate Salary 2 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr 55% more

Investment Banking Associate salary at TCS ranges between ₹1.6 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 39 latest salaries received from various employees of TCS.

Experience wise TCS Investment Banking Associate salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.4 L/yr
1 year (20 salaries)	₹1.6 L/yr - ₹3.5 L/yr
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2 years (11 salaries)	₹2 L/yr - ₹3.5 L/yr
3 years (3 salaries)	₹2.6 L/yr - ₹2.9 L/yr
4 years (3 salaries)	₹1.1 L/yr - ₹3.2 L/yr

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Salary related reviews for TCS

4.1

Rated by 3 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Shipping & Maritime Department

3.0

• posted on 18 Jan 2025

2.0

for Salary and Benefits

Likes

Best place to experience person, if you not want work in pressure than this company is your type.

Job security - Excellent

Dislikes

Salary growth is very low as compared other bpo company for freshers and experience employees politics they think that we are the only boss

Salary - Poor

+2 more

Senior Process Associate in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Jan 2025

3.0

for Salary and Benefits

Likes

I likes about the TCS is good work culture, low work pressure, work-life balance, lots of opportunities to learn and the most job security.

Skill development - Good

+4 more

Dislikes

It feels good working at TCS. The work culture is good, with low work pressure and lots to learn but the salary increament as per the seniority and role is low. If the salary is justified as per the seniority or designation, I would never left TCS.

Process Associate in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

work environment, career growth opportunities, and work-life balance:

Skill development - Good

+3 more

Dislikes

low salary compared to market standards, slow career progression, limited learning opportunities, a culture of internal politics, inconsistent project allocations, sometimes repetitive and mundane work, poor work-life balance depending on the project, and a lack of autonomy in decision-making.

Promotions - Poor

Business Analyst in Mumbai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 14 Dec 2024

4.0

for Salary and Benefits

Likes

Work culture at TCS was pretty good for me a lot less stressful with all facilities available inside campus.

Salary - Good

+4 more

Dislikes

Growth is slow in terms of salary and learning. Sometimes you may excellent project opportunities for growth but chances of getting such projects is very low

Promotions - Poor

Process Associate in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Here you can work life balance and learn many things even company providing you multiple learning platform where you upskill your self

Skill development - Excellent

+3 more

Dislikes

Here salary is low in compare to other equivalent MNC and incriminating is also low but other benefits like job security are great

see more salary related reviews

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What people are saying about TCS

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a custom software engineering specialist

2w (edited)

Got Offer from TCS!

Hello, I got 32L CTC offer from TCS as an IAM associate consultant. Is it a good package considering I have 10.9 years of experience and in IAM 3.6 years? Rest of the experience is in dot net. Also, TCS is considering 10.2 experience only as some process on their side. Please share your thoughts on the offered package and the experience part. Thank you in advance.

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TCS Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at TCS ?

The average salary of a Investment Banking Associate at TCS in India typically ranges from ₹1.6 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Investment Banking Associate at TCS earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Investment Banking Associate Salaries at TCS 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 30+ TCS employees in India.

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

The estimated take-home salary of a Investment Banking Associate at TCS in India typically ranges from ₹18,358 to ₹20,045 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 30+ salaries received from various employees of TCS. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Cognizant	₹2.5 Lakhs to ₹11.3 Lakhs per year
Societe Generale Global Solution Centre	₹4.2 Lakhs to ₹6.5 Lakhs per year
Capgemini	₹3.0 Lakhs to ₹4.8 Lakhs per year
Accenture	₹1.8 Lakhs to ₹6.6 Lakhs per year
Genpact	₹1.5 Lakhs to ₹8.1 Lakhs per year

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

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

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

Wipro	₹1.9 Lakhs to ₹5.1 Lakhs per year
Tech Mahindra	₹3.0 Lakhs to ₹3.4 Lakhs per year
Infosys	₹2.1 Lakhs to ₹4.0 Lakhs per year
Mphasis	₹2.0 Lakhs to ₹3.0 Lakhs per year
HCLTech	₹1.8 Lakhs to ₹2.3 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 TCS in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.4 Lakhs per year
1 year	₹1.6 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.6 Lakhs to ₹2.9 Lakhs per year

and so on.

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TCS Investment Banking Associate Salaries

TCS Investment Banking Associate salary in India ranges between ₹1.6 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 TCS latest salaries received from various employees of TCS.

TCS Investment Banking Associate salaries in India (Updated 2025)

Companies similar to TCS for Investment Banking Associate

Latest annual salaries shared by TCS Investment Banking Associate

Experience wise TCS Investment Banking Associate salaries

Similar Designation salaries in TCS

Salary related reviews for TCS

Senior Associate in Mumbai

Senior Process Associate in Kolkata

Process Associate in Kolkata

Business Analyst in Mumbai

Process Associate in Kolkata

TCS Investment Banking Associate Salary FAQs

Tell us how to improve this page.

TCS Investment Banking Associate Salaries by Location