Isn’t it true that finance jobs mean BIG BUCKS? But one of the specialized segments in finance - Investment Banking has been crowned the 2nd career path that can make you a millionaire! It is a known fact that the majority of people are drawn to this career path because of the huge paychecks. Even at mid-level positions, you'll be among the top 1% of earners in most states and nations. The appeal of working with the biggest global firms and building a lucrative career in this fast-paced domain clearly makes it a popular career path. But what exactly is the Investment Banker’s salary figure? What does the average Indian working in this industry earn in a year? How much do they earn in the US and the UK? Read on know more about the salary trends in Investment Banking.The following data has been gathered from popular salaries portals like glassdoor, payscale, indeed, ambition box, eFinancial careers & Emolument. Before you get lost in the stats below and make it your life's goal to become an Investment Banker, we think you'd be very interested in AltUni’s Certificate Program in Investment Banking where you get to learn from Experts who’ve worked with Nomura, Deutsche Bank, Goldman Sachs, JM Financial, & More.
Salaries Offered In India By Top Investment Banking Companies For The Role Of Investment Banking Associate | Investment Banking Salaries
Whenever you hear the term “investment banking” the first thing that comes to your mind is top companies like Goldman Sachs, J.P. Morgan, Morgan Stanley, etc. & vice versa. Now we know why! These firms, which hire only the cream of India's talent pool are the best paymasters in the world of Investment Banking, at least in India. No wonder Goldman Sachs is the most favorable company when it comes to this domain with the highest pay of INR 30 LPA for the role of Investment Banking Associate!Read -> Salaries Offered At Goldman Sachs: How Much Do Employees At Goldman Sachs Earn?
Salaries In India For The Role In Investment Banking Based On Hierarchy |
Investment Banking Salaries
These are some huge numbers when compared to other industries, yet again not surprised by them. This is one of the lucrative career paths that does justice to an entry-level professional as well with the average salary being INR 18 LPA! The upper after years of experience, training & skills is not limited to INR 96 LPA; indeed claims that it can go up to INR 102 LPA for an executive director of investment banking.Convinced that this is a lucrative career that’s worth exploring? Bolster your dreams by enrolling in AltUni’s Certificate Program in Investment Banking conducted by experts from top firms like Goldman Dachs, Nomura, Deutsche Bank, JM Financial, etc. Work on live projects & opt for a Dubai Immersion program with the certification!
Salaries Offered In The US By Top Investment Banking Companies
The above table gives an inkling of how much an investment banking professional earns in the top companies in the US. An average base salary of an investment banking professional in the US ranges from USD 85K to USD 3000K+ based on their experience, job role, skills, etc.Read Next -> How Much JPMorgan Chase & Co. Employees Earn? | Check The Salary Report Here!
Salaries Offered In The UK By Top Investment Banking Companies
It is not a secret that the UK is the next biggest center for investment banking. With the demand for professionals, it’s obvious that there will be a raise in salaries. An investment banking professional earns between 60K GBP to 1 million GBP based on their experience, job role, skills, etc.
The Bottom Line
So it's clear: the salary trends in Investment Banking are great. However, there are other factors that draw people to this career path like the thrill of deals and high-stakes discussions with influential people like CEOs and board chairs, stability, opportunities for advancement, consistent demand projections, etc.Now, here comes the ultimate question - How do you get into Investment Banking?What are the skills required and how do you acquire them? What are the interviews like and how do you prepare for them & get into top firms?
Ace Core Topics -Master core Investment Banking concepts like Financial Modelling, Valuation Models, Buy-side and Sell-side Activities, Mergers and Acquisitions, Etc.
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Work On Live Projects & Learn From Experts Who’ve Worked With Nomura, Deutsche Bank, Goldman Sachs, JM Financial, Etc.