The demand for investment bankers is always high, and the excitement of people wishing to pursue the field is no less. Ideal for people trying to find a high-demand-high income job, investment banking has a lot to offer in terms of salary, experience, and thrill.
While almost all investment bankers make great money, top companies often get the cream candidates. In return, they make sure that they compensate their employees well.
In this blog, we discuss the top 8 high-paying investment banking companies in India that offer some of the highest salaries.
1. JP Morgan Chase
JP Morgan Chase is a financial services holding company headquartered in New York City and is a leading provider of financial services globally, with assets valued at $2.6 trillion.
The American multinational has operations worldwide and is a leader in providing financial services for individuals and small businesses, investment banking, asset management, commercial banking services, and financial transaction processing.
The investment banking company in India that offers high compensation to its investment bankers. An Investment Banking Associate at JP Morgan Chase earns an average salary of ₹ 29 Lakhs per annum in India. The salary ranges from ₹ 13.5 Lakhs to ₹ 45 Lakhs per year.
Browse JP Morgan Chase jobs here
2. Morgan Stanley
One of the high-paying investment banking companies in India is Morgan Stanley. It is an American multinational company that offers investment and financial services.
A global leader in financial services, the company helps people, businesses and governments generate and manage revenue to help them achieve their end goals.
One of the best companies for investment bankers to work with, the average salary of an investment banking associate at Morgan Stanley is ₹ 13.6 Lakhs per annum and can range anywhere between ₹ 6 Lakhs to ₹ 51 Lakhs per year.
Browse Morgan Stanley jobs here.
3. Goldman Sachs
Goldman Sachs is one of the world's largest investment banking, management, and securities firms. The firm offers banking and financial management services to corporations, governments, banks, and people.
The investment banking unit offers high-quality strategies and finance solutions for acquisitions, mergers, etc.
An investment banking analyst at Goldman Sachs makes an average of ₹ 21 Lakhs per year, and their salary ranges between ₹ 10 Lakhs to ₹ 35 Lakhs per year.
4. KPMG
One of the big four accounting organizations, KPMG, India is the leading financial organization for risk analysis, internal audits, tax regulation services, financial and business advisory, and corporate governance.
The services KPMG offers include but are not limited to dispute resolution, financial services tax, global R&D incentives, mergers, acquisitions tax, value chain management, etc.
KPMG offers lucrative employment opportunities for investment bankers. In fact, the average salary of an Investment Banking Associate at KPMG is ₹ 14.7 Lakhs per annum and ranges from ₹ 10 Lakhs to ₹ 22.4 Lakhs per year.
5. Ernst & Young
Ernst and Young (EY) is a multinational company headquartered in London and is one of the big four companies.
A global leader in advisory services, consultancy, taxation, and much more, EY offers insights and services that allow its clients to build better, stronger relationships in the capital market.
One of the highest paying companies for investment bankers in India, the average Ernst & Young Investment Banker salary is ₹ 21.8 Lakhs per annum and ranges from ₹ 10 Lakhs to ₹ 27 Lakhs per annum. .
Browse Ernst and Young jobs here.
6. Deutsche Bank
Deutsche Bank is a German bank that is a leader in providing financial services globally. The bank offers online banking services for corporates and individuals. The bank offers high-quality services in private banking, business banking, forex, loans, trade services, investment, insurance, and doorstep banking.
The bank is listed on both Frankfurt Stock Exchange and New York Stock Exchange and offers high salaries to investment bankers.
Browse Deutsche Bank jobs here.
7. HDFC
One of India's leading banking and financial services providers, HDFC is a group of private banks in the country.
Soon to join the list of the world's top 10 most valuable banks, HDFC Bank, valued at $108 billion, is India's first to join the top 10 list. With these developments in play, the role of investment bankers becomes relatively more significant.
As per AmbitionBox, the average salary of an investment banker at HDFC Bank in India is ₹ 9.6 Lakhs per year, and the salary ranges anywhere from ₹ 2.5 Lakhs to ₹ 23 Lakhs per year
8. Axis Bank
Axis Bank is a private bank headquartered in Mumbai, Maharashtra. The Indian banking and financial services provider offers services to mid-sized and large companies and SMEs.
With services like Internet Banking, credit cards, loans, and digital banking, Axis Bank is one of the best banks in India and offers handsome compensation to its investment bankers.
Conclusion
Investment banking is a lot more than what it appears on the surface. If this is your calling, or if you are someone who has decided to make a career as an investment banker, make sure you know about the companies that pay the best in the market.
In the list, we discussed 8 companies that offer competitive salaries to investment bankers in India. If your dream company is not on the list, do not worry! Check out salary insights on AmbitionBox to get a better idea of the remuneration offered.
Tip: Prepare to land an investment banker job with the top Investment banking interview questions.
