Which Company Gives The Highest Salary To Investment Bankers? (2024)

12-Dec-2022

The excitement and drive for people to pursue an Investment Banking career are further boosted by the high demand in the job market.

Despite the high salaries earned by practically all investment bankers, the best applicants are frequently chosen by the top employers. They ensure that their workers are fairly compensated in exchange. Let us discover and learn about the top companies that pay the highest salary to an investment banker in this post.

Highest Paid Investment Banker: Companies and Salary Pattern

Which Company Gives The Highest Salary To Investment Bankers? (1)

While comparing salary, it is crucial to note that several factors impact the salary pattern including experience, skills, location, and the organization profile. However, let us discover the top leading companies where employees are the highest-paid investment banker.

JP Morgan Chase

With assets over $2.6 trillion and its headquarters in New York City, JP Morgan Chase is a financial services holding firm that lead the world in providing financial services. The American multinational, which operates globally, is a pioneer in the fields of investment banking, asset management, commercial banking, and the processing of financial transactions as well as financial services for people and small businesses. The average annual compensation for an Investment Banking Associate at JP Morgan Chase in India is INR 29 Lakhs. The annual compensation ranges from INR 13.5 to 45 lakh rupees.

Morgan Stanley

Morgan Stanley is one of the top-paying investment banking firms in India. An American global corporation that provides financial and investing services. The corporation which is a leader in financial services globally assists individuals, organizations, and governments in generating and managing revenue to help them achieve their objectives.

The average income of an investment banking associate at Morgan Stanley in India is INR 13.6 lakhs per year and can range from INR 6 lakhs to 51 lakhs per year, making it one of the finest firms for investment bankers to work with.

Goldman Sachs

Goldman Sachs is another one of the biggest Investment banking, management, and securities companies in the world. The company provides services related to banking and financial management services to financial institutions, businesses, governments, and individuals. The investment banking division provides top-notch financial strategies and options for mergers, acquisitions, and other transactions. The average annual compensation for an investment banking analyst at Goldman Sachs in India is INR 21 lakhs, with salaries ranging from INR 10 lakhs to 35 lakhs.

KPGM

The top financial organization for risk analysis, internal audits, tax regulation services, financial and business consultancy, and corporate governance is KPMG, India, one of the major four accounting firms. A few of the services provided by KPMG include:

  • Dispute Resolution

  • Financial Services Tax

  • Worldwide R&D Incentives

  • Mergers & Acquisitions Tax

  • Value Chain Management

Investment bankers might find attractive work prospects at KPMG. In actuality, the annual salary range for an Investment Banking Associate at KPMG is between 10 and 22.4 lakhs, with an average of 14.7 lakhs.

Ernst and Young (EY)

"Ernst and Young" is a top multinational company also known popularly as one of the big four businesses and MNCs which its headquarters in London. EY, a world leader in advisory services, consultancy, taxation, and much more, provides knowledge and services that help its customers forge stronger bonds with other investors. The average Ernst & Young Investment Banker compensation is INR 21.8 Lakhs per year and ranges from INR 10 Lakhs to 27 Lakhs per year, making it one of the highest-paid investment banker jobs or businesses in India for investment bankers.

Deutsche Bank

German bank Deutsche Bank is a pioneer in offering financial services internationally. The bank provides both businesses and individuals with online banking services. The bank provides top-notch services in personal and business banking, foreign exchange, loans, trade services, investments, insurance, and doorstep banking. The bank pays its investment bankers well and is listed on the New York Stock Exchange and Frankfurt Stock Exchange. The average annual compensation for an investment banking analyst at Deutsche Bank in India is INR 16.2 lakhs, with a range of INR 4.3 lakhs to 25 lakhs.

HDFC

The HDFC group of private banks is one of India's top providers of banking and financial services. The first bank from India to make the top 10 list is HDFC Bank, which will soon be listed among the 10 most valuable banks in the world. It is valued at $108 billion. The function of investment bankers changes somewhat as a result of these developments.

According to Ambition Box, an investment banker at HDFC Bank in India makes an average pay of $9.6 lakhs per year, with salaries ranging from INR 2.5 lakhs to INR 23 lakhs.

Axis Bank

Axis bank is a bank run privately with its main office in the city of Mumbai, Maharashtra. The Indian provider of banking and financial services works with SMEs, mid-sized businesses, and large corporations. Axis Bank, one of the top banks in India, provides services like Internet Banking, credit cards, loans, and digital banking, and it pays its investment bankers well. An investment banker at Axis Bank makes an average pay of 23.8 lakhs per year. The same fluctuates from 20 to 28 lakhs per year.

We have discussed in detail the business Moghuls that pay the highest salary to investment bankers in this post and also given brief information on the average salary that the highest-paid investment banker receives in India.

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Which Company Gives The Highest Salary To Investment Bankers? (2024)

FAQs

Which Company Gives The Highest Salary To Investment Bankers? ›

1. Goldman Sachs is the highest paying bank overall - $398k in combined salaries and bonuses, on average. Goldman Sachs, which paid average salaries of $200k and average bonuses of $199k for 2023, was the highest paying bank we polled. It took top position by virtue a leap in bonus payments.

What company pays investment bankers the most? ›

Investment Banking Firms Ranked by Pay
  • Lazard.
  • Rothschild.
  • Guggenheim.
  • Bank of America.
  • Citi.
  • Goldman Sachs.
  • JP Morgan.
  • Morgan Stanley.

What is the highest paid job in investment banking? ›

10 high-paying investment banking jobs
  • Portfolio manager. ...
  • Investment banker. ...
  • Asset manager. ...
  • Wealth manager. ...
  • Equity trader. ...
  • Equity analyst. ...
  • Hedge fund analyst. ...
  • Foreign exchange trader.

Who are the top 3 employers in investment banking? ›

Global Investment Banking Companies in India
Investment Bank NameKey ServicesHeadquarters
Goldman SachsM&A, Capital Markets, Asset ManagementNew York, U.S.A
Morgan StanleyM&A, Capital Markets, Wealth ManagementNew York, U.S.A
Bank of America Merrill LynchM&A, Capital Markets, Wealth ManagementNorth Carolina, U.S.A
7 more rows
Jan 2, 2024

Can investment bankers make 500K? ›

Sure, anybody can make a good living being a doctor or a lawyer or an investment banker where you can make ~$200-500K per year a few years after you finish with your studies, but you hit a ceiling very quickly unless you start your own practice (aka start your own business).

Who are the Big 4 investment bankers? ›

In the U.S., the top investment banking companies include the Big Four Banks — JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.

What is the number 1 investment banking company? ›

Goldman Sachs is widely known as the most prestigious investment bank on Wall Street. The bank's interns receive phenomenal training, hands-on experience, and the opportunity to rotate across many groups and desks.

What are the top 5 investment banking firms? ›

The biggest investment banks in the USA include J.P. Morgan Chase, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, and Citigroup. These banks lead in terms of deal volume, global presence, and financial services offered.

What type of banker makes the most money? ›

High Paying Banker Jobs
  • Commercial Banker. Salary range: $110,000-$179,000 per year. ...
  • Banking Consultant. Salary range: $154,000-$171,500 per year. ...
  • Investment Banker. Salary range: $107,500-$123,500 per year. ...
  • Banking Services Advisor. ...
  • Bank Secrecy Act Officer. ...
  • Bank Examiner. ...
  • Business Banker. ...
  • Merchant Banker.

Can you be a millionaire as an investment banker? ›

It is fairly common for front-office investment bankers to be earning over US$1m after 8 years in the industry. But it caps out at around US$20m, which is how much a top-performing investment banking CEO gets.

What is the hardest bank to get into? ›

Which is the hardest investment bank to get into? Goldman Sachs is notoriously difficult to get into. One statistics recently rolled out was that it received 100,000 applications for just 2,300 global internship positions. This means that it received 24 applications for every job it posted.

What school does Goldman Sachs hire? ›

Other schools with strong representation at Goldman include MIT, Stanford, NYU, Michigan, Georgetown, and Duke.

Why are investment bankers so rich? ›

Investment bankers make money through the fees charged to their clients. As discussed above, this includes underwriting fees for arranging the sale of securities and advisory fees for providing strategic guidance.

How to make 300K a year? ›

If you want to earn a high salary, look at some of the jobs that pay $300,000 a year to the top earners.
  1. Radiologist. ...
  2. Chief executive officer (CEO) ...
  3. Chief financial officer (CFO) ...
  4. Principal software architect. ...
  5. Obstetrics and gynecology physician. ...
  6. Emergency medicine physician. ...
  7. Psychiatrist. ...
  8. Physician.

Can you make 7 figures as an investment banker? ›

Investment Banking Managing Director Salary + Bonus: Base salaries are in the mid-six-figure range, with total compensation in the high six figures to low seven figures. An MD doing decently should earn between $1 and $3 million per year, and sometimes a low multiple of that (as of 2022).

Do investment bankers make 7 figures? ›

Investment Banking Managing Director Salary + Bonus: Base salaries are in the mid-six-figure range, with total compensation in the high six figures to low seven figures.

Which bank CEO has the highest salary? ›

Sashidhar Jagdishan, HDFC Bank's Managing Director and Chief Executive, has emerged as the highest-paid bank chief executive in FY23, with a significant increase of more than 62% in his remuneration in fiscal year 2023, reaching ₹10.55 crore.

What is the most prestigious investment bank to work for? ›

The Top 10 Most Prestigious Investment Banks for 2024:
  • Goldman Sachs & Co.
  • Morgan Stanley.
  • J.P. Morgan.
  • Centerview Partners.
  • Evercore.
  • Lazard.
  • PJT Partners.
  • Moelis & Company.
Jan 24, 2024

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