Investment Banking in India (2024)

FAQs

Which bank is best for investment banking in India? ›

If money is what you are looking for then the investment banking sector is the perfect choice as they often provide high salaries with bonuses which are extremely attractive for individuals.

Investment banking is a category of financial services that aids businesses and individuals in India with capital raising and portfolio management. Underwriting, mergers and acquisitions, portfolio management, trading in securities, risk management guidance, and other related services are offered by investment banks.

Data shows that Goldman Sachs employees in New York get paid the most, which is where Grand Wall Street and its institutions are located. The most high-paying city regarding investment banking in India is Mumbai. One can earn 86% more than the nationally average salary in investment banking.

Investment Banker salary in India ranges between ₹ 2.0 Lakhs to ₹ 55.0 Lakhs with an average annual salary of ₹ 16.5 Lakhs.

Investment-Banker Salaries in India

The average salary for Investment-Banker is ₹17,00,000 per year in the India. The average additional cash compensation for a Investment-Banker in the India is ₹6,00,000, with a range from ₹1,80,000 - ₹18,50,000.

A mid-level investment banker in India can expect a base salary of 25-35 lakhs per annum with an additional annual bonus of 10-20 lakhs. Senior-level investment banking professionals can even earn a salary of 1 crore or more in India.

Investment banking is a competitive field, with many aspirants vying for a limited number of positions. In India, job opportunities can be found in both domestic and international banks, as well as boutique investment firms.

CAs (Chartered Accountants) – The CA program is selective and well-regarded by professionals in India. Some banks, such as BAML, have recruiting programs specifically for CAs. Non-IIM/IIT Schools – If you're in this category, you'll have to network aggressively and target lower-tier banks that work on smaller deals.

How to get into investment banking in India? ›

To become an investment banker in India, pursuing a bachelor's degree in finance, economics, or a related field is recommended. Additionally, certifications such as CFA or CPA can enhance your qualifications and provide an edge in the competitive job market.

What Are the Big 4 Investment Banks? The big four are JPMorgan, Goldman Sachs, Citigroup, and Morgan Stanley. Some other global giants are treading on their heels, including Deutsche Bank, Barclays, Credit Suisse, and UBS. There are at least 100 highly-regarded global investment banks.

“The prime residential assets continue to be the mainstream investment avenue for ultra-wealthy individuals in the country. Indian ultra wealthy are gravitating towards ESG oriented strategies for investments in commercial real estate.

Most of the affluent keep personal accounts with State Bank of India. Most of the top civil servants are pleased to be with SBI. One reason, is the transparency. And, such law abiding personalities hardly need personal favour or attention because of their position.

A two-year Master of Business Administration (MBA) in financial management is a sought-after postgraduate degree for investment bankers. You can also do a Master of Science (MS) in finance.

Answer: Some of the top financial institutions in India include Bajaj Finance Limited, Tata Capital Financial Services Ltd, Aditya Birla Finance Ltd, L & T Finance Ltd, Muthoot Finance Ltd, Mahindra & Mahindra Financial Services Limited, HDB Financial Services, Power Finance Corporation Limited, Shriram Transport ...

HDFC Bank. One of the biggest banks in India by market capitalisation,² HDFC Bank has a huge network of branches and ATMs across the country. It also has a large number of accounts to choose from, including current accounts for businesses, salary accounts, deposit accounts and investment products.