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Nikita Parmar

Updated on 23rd March, 2023 , 5 min read

Investment Banker Salary: In India, Starting Salary, Per Month, Pay Scale

Investment Banker Salary in India Overview

Investment banking, one of the fastest-growing industries in the nation due to a rise in demand, attracts attention due to its competitive compensation and benefits. Young aspirants sometimes refer to this field as "investment banking" because of the high level of professionalism and alluring benefits it provides. In India, the pay scale for investment bankers is higher. Investment banking has not only stayed steady over time, but also demonstrated encouraging growth. The need for expert help, guidance, and administration of significant financial transactions is now more than ever due to the daily emergence of new organisations and institutions, which explains the exploding need for investment bankers in India and throughout the world.

Investment Banker Salary in India

Investment bankers' salaries vary depending on their expertise and profile, however it has been noted that the average banker income in India is around INR 9.61 lakh per year. This figure can range from INR 2.46 lakh to INR 70 lakh per year, including bonuses and shared profits. These experts function as mergers, capital marketers, sales representatives, and they base their work on the objectives and demands of their clients' finances. To manage a company's money, they can work in the banking industry or as a private consultant. Marketing and communication specialists, business analysts, relationship managers, and financial research analysts are other job titles that are comparable to those in the banking industry.

The Investment Banking structure and hierarchy, along with the average salary are tabulated here-

Job Role

Average Salary Offered (Per Annum)

Investment Banking Analyst


Business Analyst


Investment Banking Associate


Finance Manager


Finance Director


Investment Banking is a challenging job at start but after a little time as experience increases the package they are proportionate to each other. As with experience you will get to know more about the changing market.

  • Fresher Salary

The average total salary for freshmen with less than one year of experience or no experience working as an investment banker is INR 7,00,000 PA (which includes tips, bonus, and overtime pay).

  • Mid Level Salary

Investment Bankers with 1-4 years of experience receive an average total salary of INR 712,155 PA. The typical total salary for a mid-level investment banker with 5 to 9 years of experience is INR15,50,000 PA.

  • Senior Level Salary

An Investment Banker with 10 to 19 years of experience makes an average annual total salary of INR 29,47,906 PA. Employees make an average total salary of INR 41,50,000 PA in their late careers (20 years and above).

Read more about How to Become a Bank Manager in India.

Investment Banking Salary Location wise

The following variables influence the salary scale:

  1. Skills a person possesses
  2. Professional history
  3. Acquired training and certifications
  4. Job description
  5. Types of businesses
  6. The location of the sector

The average salary for investment bankers in India, broken down by company, is shown below:

Name of the Bank

Work Experience

Average Annual Salary Package


0-5 Years


Axis Bank

0-3 Years


Kotak Mahindra Bank

0-2 Years


Induslnd Bank

0-5 Years


Yes Bank

1-9 Years

INR 18.5 LPA

Federal Bank Ltd

0-4 Years


IDFC First Bank Ltd

0-2 Years


Goldman Sachs

1-10 Years


J P Morgan

0-9 Years


The Big 4 Investment Banks What Are They?

JP Morgan, Goldman Sachs, Citigroup, and Morgan Stanley constitute the "big four." Other global goliaths like Deutsche Bank, Barclays, Credit Suisse, and UBS are also big in the game. Apart from these banks, several banks offer businesses and extremely wealthy people a comprehensive range of financial services. 

Also read more about CA Salary in India.

Investment Banking Eligibility Criteria

In India, there is no particular stream or education needed to work as an investment banker. As a result, anyone with an analytical mindset and an interest in financial assets and investing has a good chance of becoming a future investment banker.

These are some of the fundamental requirements for a career in investment banking-

  1. Must have received at least 50% on the 10+2 exam from an accredited board.
  2. Must have earned a diploma or postgraduate degree in the relevant discipline.

Investment Banking Courses

MBA is the most common course chosen by students who want to work in investment banking. The Chartered Financial Analyst Institute, however, offers professionals a variety of financial certification programmes.

  • MBA

MBA Finance is the recommended course employers look for in an applicant's profile since it teaches students all the disciplines necessary for investment banking, including finance, accounting, business, marketing, management, accounting, and leadership abilities. A candidate would find it easy to get into the investment banking industry with an MBA from a prestigious university.

Also read more about How to Become Investment Banker in India and Salary of Investment Banker in India.

  • CFA

Prospects for the CFA (Chartered Financial Analyst) programme receive training in investments and finances, making CFAs among the top candidates in the industry. Most prestigious hiring firms favour this training.

  • CA

A CA is qualified and preferred for the profession of investment banking due to their expertise in valuations, mergers and acquisitions, initial public offerings, equity, debt, and capital markets.

Check out the Salary Breakdown of Different Courses in the section below - 

Investment Banking Scope in India

Because business wits are so crucial to every organisation, the financial industry never drowns. Therefore, the area of investment banking has a vast reach both today and in the future. These bankers are required by almost all businesses to manage their accounts. They either put their money in a viable platform or educate themselves about the state of the financial industry before investing in any other venture.

Also Read: CMA Salary In India.

What Does the Future Have in Store for an Investment Banker?

One of the innovative careers in the finance sector right now is "investment banking." Being an investment banker is a common fantasy. Unfortunately, while being one of the most profitable and well-paying positions in the world, it is also one of the most difficult. The few available positions in the field force recruiters to choose only the most exceptional and gifted candidates. As a result, it is challenging for a newcomer to enter this industry. More aspirants are drawn in due to the rising popularity and demand. However, you may find your way there if you have an analytical mindset, the necessary job-related abilities, and a strong passion for investment banking.

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Frequently Asked Questions

What is the starting Investment Banker Salary in India?

Ans. Investment Banker Salary in India is roughly INR 3,62,400 per annum.

What is the highest Investment Banker Salary in India?

Ans. The highest Investment Banker Salary in India is around INR 50,00,000 per annum.

Should I gain knowledge from certificate courses?

Ans. Internships and Certifications provide a variety of learning possibilities. Your knowledge will deepen, and internships will enable you to apply it to actual circumstances.

Which courses should I do to become an Investment Banker?

Ans. The most popular course opted by the students to pursue an investment banking career is MBA. However, there are other roads like CA and CFA that help you reach the destination of Investment Banker.

What do I need to become an Investment Banker in India?

Ans. Investment Banking is a professional career and that’s why companies look for somebody with MBA in Finance and relevant experience in the industry. You can even pursue MBA in Finance in the online mode from universities like NMIMS, Symbiosis, Chandigarh University, and others.

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