Investment Banker Salary in India (Beginners & Experienced)
Investment Banking remains one of the most sought-after jobs in the finance industry. Even with the increase of uncertainties in businesses and financial markets, the demand and growth of the investment banking profession continue to rise, especially in India.
These professionals are a key element in helping companies raise money, manage investments, and plan for major financial deals. With tremendous growth, a career as Investment Banker has become one of the highest-paid professions in the world, as an entry-level investment banker salary in India often reaches six figures per month.
Who is an Investment Banker?
An Investment Banker is a banking professional whose role involves facilitating large and complicated transactions such as acquisitions, mergers, or company sales. An Investment Banker saves plenty of clients’ time and money by structuring deals and assessing the risks in every project. As experts in the banking industry, they are perceived to have a finger on the pulse of the current investing climate.
The primary role of an Investment Banker is to provide the necessary support to organisations and government agencies in raising capital gains by providing them with investment or financial consultation. With their skills and knowledge, these professionals demand higher packages, which is reflected in the Investment Banker Salary in India.
Investment Banker Skills
Aspirants who want to become Investment Bankers are required to acquire relevant skill sets to pursue a full-time Investment Banker career. Employers seek these skills while recruiting candidates. Therefore, it is important for aspirants to acquire these skills to remain competitive in the fast-paced work environment. With the right skills, fresh graduates can secure a rewarding position. The Investment Banker Salary in India per month for freshers can be considerably high even at the entry level.
1. Analytical Skills
An Investment Banker must possess the ability to quickly understand and apply complex pieces of information. His or her role involves intellectual curiosity and agility. The role of an Investment Banker involves absorbing new data, managing the project, and meeting new clients.
2. Communication Skills
The role of an Investment Banker involves explaining financial information to groups. It includes IPOs or intricate details of the stock market. Strong professional communication skills are crucial for the role. It sets you apart from other candidates applying for the role.
3. Resilience
A career as an Investment Banker demands strong personal resilience. It is important to bounce back when things get tough for a successful career in Investment Banking. Resilience brings a strong sense of self that helps to understand how to balance competing demands.
4. Numerical Skills
Besides analytical skills, having a strong financial literacy and confidence with numbers is mandatory to make it into Investment Banking. You need to spend time on yourself to be confident with the numbers before applying for the Investment Banker job.
Investment Banker Qualifications
Employers prefer candidates who have completed an MBA in finance course, investment banking course, banking and insurance course, business management course, or other relevant specialisations.
Aspirants can also consider the other side of the lucrative, high-paying Investment Banker career. It is quite stressful in nature, and it involves unrelenting work hours. One has to follow strict hierarchical standards to succeed in their respective undertakings. If you are interested in finance but are looking for a less intense career path, a Career as Financial Planner can be a good choice for you.
Investment Banker Career Hierarchy
The hierarchical position in the investment banking career from a junior to senior level includes Analyst, Associate, Vice President, Senior Vice President, and Managing Director.
Investment Banker Salary in India
The Investment Banker Salary in India varies from organisation to organisation. The average Investment Banker Salary in India is Rs. 3 Lakhs - 60 Lakhs per annum. Also, Investment Banker Salary in India per month for freshers is around Rs 1.3 Lakh - 1.4 Lakh.
Experience | Annual Salary |
1 year | Rs. 2.4 Lakhs - 54 Lakhs |
2 years | Rs. 2.6 Lakhs - 62 Lakhs |
3 years | Rs. 3.5 Lakhs - 87 Lakhs |
4 years | Rs. 3 Lakhs - 45 Lakhs |
5 years | Rs. 4 Lakhs - 30 Lakhs |
(Salary source: Ambition box)
The Investment Banker Salary in India per month is also affected by the geographical location of the employing organisation. Investment Bankers employed in Kolkata and West Bengal earn 112.2 per cent higher salaries than the national average. Investment Bankers employed in Mumbai and Maharashtra earn 94.3 per cent higher salaries than the national average.
The Investment Banker salary per month in India may not be equivalent to their annual CTC. It may include several deductions based on the services provided by the employing organisation, as well as the addition of bonuses and profit sharing may also include.
(Source: jobted.in)
The Top Employers of Investment Bankers are:
Goldman Sachs
Morgan Stanley
JP Morgan Chase
Bank of America Merrill Lynch
Deutsche Bank
Investment Banker Salary in India at Top Companies
The Investment Banker Salary in India highest is mainly offered by the top recruiters and global investment banks. These organisations provide highly attractive salaries to skilled professionals who can handle complex financial transactions. The Investment Banker Salary in India can vary significantly depending on the company size, reputation and location.
Companies | Investment Banker Salary Per Month |
Goldman Sachs | Rs 17 Lakhs - 28 Lakhs |
Morgan Stanley | Rs 15.4 Lakhs - 27 Lakhs |
JP Morgan Chase | Rs 19 Lakhs - 32.6 Lakhs |
Bank of America Merrill Lynch | Rs 15.9 Lakhs - 28 Lakhs |
Deutsche Bank | Rs 5.6 Lakhs - 10 Lakhs |
Conclusion
A career as Investment Banker is the most sought-after career in the Indian financial industry. It offers lucrative pay packages. New professionals entering this field can expect a six-figure, impressive monthly salary. Over the years, the Investment Banking job opportunities have significantly grown. However, the career is considered stressful in nature; one has to work unrelenting hours. Still, the high Investment Banker Salary in India per month makes the hard work worthwhile.
Frequently Asked Questions (FAQs)
To become an investment banker, start by completing a degree in finance, economics, or business. Pursue an MBA or a specialised investment banking course. After education, gain practical experience through internships. Develop strong analytical skills and gain certifications like CFA to enhance your career prospects
Investment Banker Salary in India per month for freshers is around Rs 1.3 Lakh - 1.4 Lakh. This can vary depending on the location, size and reputation of the company.
The Investment Banker Salary in India for professionals with 11 years of experience in the industry is around Rs 32.8 Lakhs - 35.5 Lakhs.
Questions related to
On Question asked by student community
Hi,
An investment banker in India can earn anywhere from 10 to 50 lakhs, depending upon their skills, the college they pass out from, the company they are working with. If you are good in finance, maths, economics, accounting, and you continuously show that passion during your studies, you will definitely get a good paying job.
Hi,
Essentially, for an investment banker you must have knowledge about finance, economics, maths, accounting. If you are an engineering student, you can become an investment banker by pursuing BTech in Mathematic and Computing, given that your financial knowledge is very very strong.
There is no specific degree to become an investment banker, with investment banks hiring graduates from most subject areas. However, degrees like economics, business, mathematics and finance can give you an advantage. Financial literacy and confidence with numbers is a prerequisite to be successful in this career. Combination of spreadsheet, accounting and legal skills.
Hello,
Essentially, investment bankers are financial advisors to corporations and, in some cases, to governments. They help their clients raise money. That may mean issuing stock, floating a bond, negotiating the acquisition of a rival company, or arranging the sale of the company itself.
- There is no specific degree to become an investment banker, with investment banks hiring graduates from most subject areas. However, transferable skills from degrees like economics, business, mathematics and finance can give you an advantage.
- Financial literacy and confidence with numbers is a prerequisite to be successful in this career
- A person taking up a career in this field should have high resilience and the ability to face the consequences when things get tough
- Combination of spreadsheet, accounting and legal skills.
- Strong, professional communication ability is an important characteristic of an investment banker
- Good numerical skills
- Excellent team leadership and teamwork skills are required for a successful investment banker.
Hope this helps!!!