Job of an Investment Banker: In India, For Freshers, Government Jobs, Top Recruiters, Vacancies

Ahana Bhaduri's profile photo

Ahana Bhaduri

Content Writer | Updated on - Jul 1, 2025

MBA Finance Latest Updates

06 Aug, 2025 IIT Guwahati will conduct the GATE 2026 exam on February 7, 8, 14, and 15, 2026; registration starts from August 25, 2025, @gate2026.iitg.ac.in. Read News Here

05 Aug, 2025 KMAT registration 2025 is open @kmatindia.com; registration deadline is now extended till August 10, 2025. Apply Here

01 Aug, 2025 NMAT 2025 registration starts @mba.com/exams/nmat; the last date to register is October 10, 2025. Check Here

01 Aug, 2025 CAT 2025 registration starts at 10 AM, at iimcat.ac.in; the last date to register is September 13, 2025. Check Live Updates

10 Jul, 2025 XAT registration 2026 starts @xatonline.in; the last date to register is December 5. Check Live Updates

01 Jul, 2025 IBSAT registration for MBA/PGDM 2026-28 session is open @ibsindia.org; exam will be held on December 27 and 28. Check Here

Investment Banking is a field that attracts a lot of individuals who are passionate about the world of finance and want their decisions to impact the economy. Investment bankers are the professionals who provide their expertise and advice on various financial issues such as raising capital for companies, finding investment opportunities and executing complex financial transactions. They provide expertise and guidance in financial markets and market analysis. They play a vital role in ensuring the proper functioning of the global markets. 

To become an Investment Banker, candidates can pursue undergraduate and postgraduate banking courses such as MBA in Banking and MBA in Finance. Admissions to these colleges are done on the basis of entrance exams such as CAT, XAT and SNAP. Check: How to Become an Investment Banker after 12th 

The average Salary of an Investment Banker is INR 6 LPA – 10 LPA. However, with gradual experience the highest salary of an Invetsment Banker can go upto as much as INR 42 LPA – 50 LPA. 

Investment Banker Jobs

The primary job of an Investment Banker is assisting clients on financial issues such as capital raising, mergers and acquisitions, market analysis and managing financial transactions. Below are the duties and responsibilities of an investment banker:

  • Provide financial advisory services: Assisting clients on financial issues such as capital raising, mergers and acquisitions, and market analysis.
  • Capital raising: Assisting companies in raising capital with methods such as initial public offerings (IPOs), secondary offerings, debt issuances, and private placements.
  • Mergers and acquisitions (M&A): Advising clients over merger and acquisition opportunities.
  • Financial modelling and valuation: Building financial models and managing valuation assessments to assess Investment opportunities.
  • Market research and analysis: Complete market research and analyse competitors' strategies. Research on market conditions and current market scenarios.
  • Client relationship management: Developing genuine and strong relations with clients, understanding their financial needs and providing personalised solutions according to their needs.
  • Risk assessment and management: Analysing the potential risk in a transaction and managing strategies to reduce the risk.
  • Deal negotiation and structuring: Negotiating the terms and conditions of financial transactions, and structuring deals to access favourable outcomes for clients and following the regulations of the authority
  • Industry expertise: Having in-depth knowledge and ground-level expertise of industries to assist clients with valuable advice and guidance 
  • Team collaboration: Work closely with colleagues, including analysts, associates, and senior bankers, to coordinate and execute financial transactions effectively.
  • Client presentations: Prepare and deliver presentations to clients, stakeholders, and potential investors, effectively communicating financial analysis, recommendations, and transaction proposals.

Investment Banker Job Profiles

 In the below table we can see other job profiles that candidates can also look forward to:

Job Profiles Job Description Average Annual Salary (INR)
Analyst Conduct financial analysis and assist in deal execution. 8 L - 15 L
Associate Manage client relationships and assist in deal sourcing. 15 L - 30 L
Vice President (VP) Lead deal teams, manage client relationships and drive business development. 35 L - 70 L
Director Provide strategic guidance, oversee teams, and contribute to business growth. 80 L - 1.50 Crore
Managing Director (MD) Set strategic direction, drive business growth, and manage key client relationships. 2 Crore and above

Investment Banker Jobs for Fresher

There are ample job opportunities for freshers aspiring to become Investment Bankers. Tabulated below are some of the top companies that hire freshers. 

Name of the Companies Average Annual Salary (INR)
Goldman Sachs 11 L - 15 L
J.P. Morgan 9 L - 11 L
Morgan Stanley 7 L - 12 L
Bank of America 10 L - 13 L
Citi 10 L - 17 L
Deutsche Bank 10 L - 13 L
Barclays 10 L - 17 L
Standard Chartered 7 L - 13 L

Investment Banker Government Jobs

Being an investment banker doesn’t mean that you are only restricted to Private jobs, even in Government jobs there is an excellent scope for candidates looking to become an Investment Banker. Some of the top Investment Banker Government jobs are presented in the table below:

Job Profiles Name of the Organisation
Financial Advisor Ministry of Finance, Government of India
Investment Banking Officer Public Sector Banks (e.g., State Bank of India)
Financial Analyst Securities and Exchange Board of India (SEBI)
Investment Specialist Insurance Regulatory and Development Authority of India (IRDAI)
Financial Consultant Reserve Bank of India (RBI)
Project Finance Manager National Small Industries Corporation (NSIC)
Investment Manager National Investment and Infrastructure Fund (NIIF) Investment

Investment Banker Jobs in India

Investment banking is known for offering attractive salary packages to its professionals, commensurate with the high demands and responsibilities of the job. Because of this more and more candidates are looking to pursue this field in India. 

The top organisations that offer Investment Banker Jobs in India are presented in the table below:

Name of the Company Average Annual Salary (INR)
Goldman Sachs 20 L - 35 L
J.P. Morgan 18 L - 30 L
Morgan Stanley 16 L - 28 L
Bank of America 14 L - 24 L
Citi 10 L - 22 L
ICICI Bank 7 L - 14 L

Investment Banker Jobs in Bangalore

Below is the table for the top Investment Banker Jobs in Bangalore

Name of the Company Average Annual Salary (INR)
Goldman Sachs 20 L - 35 L
Standard Chartered 8 L - 14 L
Morgan Stanley 16 L - 28 L
Bank of America 14 L - 24 L
Barclays 10 L - 17 L

Investment Banker Jobs in Pune 

Below is the table for the top Investment Banker Jobs in Pune

Name of the Company Average Annual Salary (INR)
Credit Suisse 9 L - 16 L
J.P. Morgan 18 L - 24 L
HSBC 9 L - 16 L
Deutsche Bank 10 L - 16 L
Citi 12 L - 22 L
ICICI Bank 7 L - 12 L

Investment Banker Jobs in Hyderabad 

Below is the table for the top Investment Banker Jobs in Hyderabad

Name of the Company Average Annual Salary (INR)
Barclays 10 L - 18 L
Deutsche Bank 10 L - 20 L
Morgan Stanley 16 L - 22 L
Bank of America 14 L - 24 L
Citi 12 L - 22 L
Kotak Investment Banking 8 L - 14 L

Investment Banker Jobs in Noida

Below is the table for the top Investment Banker Jobs in Noida

Name of the Company Average Annual Salary (INR)
Standard Chartered 8 L - 14 L
HSBC 9 L - 16 L
Morgan Stanley 16 L - 28 L
Bank of America 14 L - 24 L
Citi 12 L - 22 L
ICICI Bank 7 L - 12 L

Investment Banker Jobs in Gurgaon

Below is the table for the top Investment Banker Jobs in Gurgaon

Name of the Company Average Annual Salary (INR)
Standard Chartered 8 L - 14 L
J.P. Morgan 18 L - 28 L
Morgan Stanley 16 L - 28 L
Bank of America 14 L - 24 L
Barclays 10 L - 18 L
ICICI Bank 7 L - 12 L

Investment Banker Jobs Abroad

Investment Banking is so much in demand that it is providing opportunities to candidates not just in India but also in foreign countries. Tabulated below, are the global opportunities an Investment Banker has.

Name of the Company Location Average Annual Salary (INR)
Standard Chartered United Kingdom 51 L - 90 L
HSBC United Kingdom 67 L - 1.16 Crore
UBS Switzerland 67 L - 1.16 Crore
Deutsche Bank Germany 59 L - 1.02 Crore
BNP Paribas France 59 L - 1.02 Crore
Nomura Japan 59 L - 1.02 Crore

Investment Banker Salary

The Investment Banker job is so much aspiring to the candidates because it promises to deliver great salary packages. Tabulated below is the average annual salary of an Investment Banker at various designations. 

Designation Average Annual Salary (INR)
Analyst 8 L - 15 L
Associate 15 L - 30 L
Vice President (VP) 30 L - 75 L
Director 75 L and above
Managing Director (MD) 1.50 Crore and above

Investment Banker Jobs: FAQs

Ques. What are the different divisions within an investment bank?

Ans. Investment banks have various divisions such as mergers and acquisitions (M&A), capital markets, sales and trading, equity research, risk management, and corporate finance. Each and every division has specific roles and responsibilities that lead to the overall proper functioning of the bank. 

Ques. How important is networking in the investment banking industry?

Ans. Networking is crucial in the investment banking industry. Building relationships with professionals in the field can lead to valuable connections, mentorship opportunities, and potential job openings. Attending industry events, joining professional associations, and utilising online platforms can help expand your network.

Ques. What are the challenges that an Investment Banker has to face?

Ans. The job of an Investment Banker is extremely stressful and serious. One has to go through long working hours, intense competition and tight deadlines on a daily basis to perform his duty.

Ques. Can investment bankers specialise in specific industries?

Ans. Yes, investment bankers can specialise in specific industries whether it is technology, healthcare or real estate. Industry specialisation gives bankers expertise in a particular sector which further helps them in understanding that sector at the ground level. This leads them to provide genuine and accurate advice to their clients.

Ques. How does regulatory compliance impact investment banking?

Ans: Investment banking is a highly regulated industry in nature. So as an Investment Banker, it is crucial to work according to the regulations. An Investment banker must adhere to various financial regulations, including those related to securities, anti-money laundering, and insider trading, to ensure legal and ethical practices.

Ques. Are there opportunities for international work in investment banking?

Ans: Yes, Investment Banking offers great opportunities for international work as well. As there is a lot of requirement for Investment Bankers in global financial hubs like New York, London, Hong Kong, and Singapore. 

Ques. What is the role of technology in investment banking?

Ans: Technology plays a vital role in investment banking, providing efficient data analysis, financial modelling, algorithmic trading, and automation of critical processes. Investment bankers need to stay updated with technological advancements to leverage tools and systems that enhance their work and provide a competitive edge.

Ques. How can an Investment banker help companies with Initial Public Offerings (IPOs)?

Ans. Investment Banker helps companies in the IPO by providing critical advice on valuation, structuring the offering, coordinating with legal and accounting teams, underwriting the shares, and marketing the IPO to potential investors. They play a key role in guiding companies through the complex IPO process.

Ques. Can investment bankers transition to other career paths?

Ans. Yes, investment bankers often possess valuable skills and knowledge that can be transferable to other career paths. Some common transitions include moving into private equity, venture capital, corporate finance roles, consulting, or starting their own entrepreneurial ventures.

Ques. How do investment bankers stay updated with market trends and developments?

Ans: Investment bankers stay updated with market trends and developments through continuous research, analysis of financial news and reports, attending industry conferences, and leveraging resources provided by their firms. They also collaborate with colleagues and participate in discussions to gain insights into the ever-changing financial landscape.

Master of Business Administration [MBA] (Finance) : 70 answered questions

VIEW ALL

Ques. How good is the department of financial studies MBA (FM), Delhi University?

● Top Answer By Akriti Banerjee on 15 Sept 23

Ans. My brother was a student at this college and so this answer is based on his experience solely. The Department of Financial Studies is a CFA-affiliated college wherein you can get a scholarship for pursuing a CFA degree. Its MBA program is highly coveted. It's the best option for you if you want to pursue a career in Finance and fail to make it to other B Schools. Here are some factors to consider  Fees: The low fees charged by DFS is the USP of the college. You can pursue an MBA at just 26000. IIMs fees on the other end are very high Around 13–24 lakhs. So DFS offers a better ROI than IIMs. Curriculum: Curriculum-wise, DFS cannot be compared to IIMs that have excellent course structure at par with foreign universities. DFS follows the semester pattern, unlike the trimester pattern in IIMs. IIMs conduct case study competitions but this is not the case at DFS. Faculty : DFS has some very well-educated and experienced faculty members much better than at least the new IIMs. Placement: The placements at DFS are at par with new IIMs only and not other top IIMs.  Alumni: The small batch size of DFS has failed to establish an elaborate alumni base in contrast to IIM Ahmedabad. Ultimately, if you don’t want a huge loan to repay at the end of 2 years or the IIM tag, DFS is the best optionRead more
0
0
4 Answer
●●●

Ques. How are the placements in the NL Dalmia College for an MBA in finance?

● Top Answer By Tanisha Jain on 27 May 22

Ans. NL Dalmia placements are good for MBA in Finance. During 2022 placements Finance was the top sector recruiting students. Students received an average CTC of INR 6.5 LPA. The highest CTC offered in this sector goes up to INR 13 LPA. Some of the major recruiters from the Finance sector are Crisil, HDFC, Amul, City Bank, etc. Read more
0
0
2 Answer
●●●

Ques. How is IMT Ghaziabad if you get a PGDM (finance) here?

● Top Answer By Tanuj Chandra on 16 Feb 23

Ans. IMT Ghaziabad consistently ranks amongst the top 20 MBA colleges in the country. In terms of exposure, you will have the opportunity to interact with good visiting faculty and your batchmates will be people who have ranked amongst the top percentile in CAT. The college also has a vibrant campus life with lots of extra-curricular activities. However, like all private-funded colleges, there are certain seats allotted to the management quota. When considering attending IMT Ghaziabad, it is important to consider your career goals. If you are looking for a pure finance role (PGDM) in front-end Investment banking or PE, IMT Ghaziabad may not be the best fit, as core finance roles are limited. However, there are opportunities for corporate finance jobs and banks visit campus for recruitment.Read more
0
0
2 Answer
●●●

Ques. What is the difference between PGDM BFSI and PGDM Finance at IMT Ghaziabad ?

● Top Answer By Sreetoma Gupta on 04 Jun 23

Ans. The emphasis of the curriculum distinguishes the IMT Ghaziabad PGDM Finance programme from the full-time PGDM program. A general management education, including instruction in marketing, finance, operations, and strategy, is provided via the full-time PGDM programme. The program's participants will enroll in a range of business-related courses. On the other side, the PGDM Finance programme specialises in finance and related fields. With the option to specialise in fields including corporate finance, investment banking, and financial analysis, students in this programme will take courses that are highly focused on accounting and finance.Read more
0
0
1 Answer
●●●

Ques. How good is IMT Hyderabad for MBA in Finance in terms of ROI?

● Top Answer By Nivedita Trivedi on 11 Jul 23

Ans. There is no fixed ROI one can expect after completing MBA in Finance from IMT Hyderabad. It all depends on your academic profile and the way you spent 2 years here. Some students here come just for enjoying campus life while some take academics seriously and give it their all. The ROI directly depends on your skills and performance in the interview and cannot be generalized.Read more
0
0
1 Answer
●●●

Ques. Which is better, IMI Delhi PGDM or IMT-G PGDM Finance?

● Top Answer By Ankit Bhansali on 03 Mar 23

Ans. Both the options you mentioned, IMI Delhi PGDM and IMT G Finance are good in their own individual aspects. So you should rather be asking which is better for you. Now this depends on what you really want from your PGDM. By choosing PGDM Finance you will limit yourself only to the Finance sector, whereas a PGDM core will give you a chance to explore various domains before selecting your specialization. The former is a good option if you are certain about your interest in Finance and want to excel in that sector no matter what while the latter is good if you are open to all options. Talking about IMI Delhi in general, the B School offers an abundance of opportunities through student bodies and other student driven activities. Moreover the additional locational advantage is what makes it a fairly good option. The batch size is also not too big and thus balances the student teacher ratio. Placements are pretty decent at IMI Delhi. The IMI Delhi average package (overall) offered during 2023 placements was INR 17.01 LPA. For PGDM, PGDM (B&FS), and PGDM (HR) the average package stood at INR 17.20 LPA, INR 16.48 LPA, and INR 15.58 LPA, respectively. The primary highlight of the B School is its student exchange program wherein students from foreign universities join the B School for a fixed period while students from IMI Delhi visit a foreign university in exchange. All these factors make IMI Delhi a very good choice in comparison to IMT G.Read more
0
0
1 Answer
●●●

Ques. Which is best -MBA in finance from ISB Hyderabad or top IIMS A/B/C?

● Top Answer By Prakriti Sharma on 30 Jan 23

Ans. ISB Hyderabad is known for its lack of specialization in Finance. It’s a common understanding now that even if one is preferring ISB Hyderabad for admission, they know that they should go for anything but Finance. Studying some aspects will give you a deeper insight as to why MBA in Finance from ISB Hyderabad is not recommended. Faculty: Although the visiting faculty is quite decent, it’s the domestic faculty that has ruined the culture at ISB. They are arrogant, pathetic, and extremely incapable. They insult the students regularly and disturb student-teacher relations. Placements: The roles offered in Finance were below average like Operations, Sales, and BD roles. Such roles were offered in abundance by the banks or start-ups. However, the superior roles like IB/PE/VC/M&A/FP&A/Equity Research/Credit Rating/Asset Management/TAS were offered scarcely. For instance  only 10 FP and A roles were allotted that too only to CAs Only one Investment banking role was offered by Barclays Only 5 PE/bc roles were offered and there was a strong preference for a prior IB/PE/VC experience and IIT undergraduate background. One M and A role was offered only 4 Asset Management and zero Equity Research and Credit Rating roles were offered. So the best roles were offered limitedly while the batch size stood at 900. Most students ended up with unsatisfactory placements. Now you can decide whether or not to join if you are confident to face the placement scenario.Read more
1
1
1 Answer
●●●

Ques. Which college would you go for if you were interested in an MBA in finance among new IIMs and IIT Madras?

● Top Answer By Lovish Bajaj on 21 Jun 24

Ans. Almost all of the colleges listed here are in the top 20 list of MBA colleges in India for Finance. Among the new IIMs, the ones good for Finance are IIM Ranchi, IIM Rohtak, IIM Raipur, IIM Udaipur, and IIM Kashipur.  The table below draws a comparison of the MBA programs offered by the institutes. Institute Fees Average CTC New IIMs IIM Ranchi- 17.5 Lakh IIM Ranchi- 18.37 LPA IIM Rohtak- 17.6 Lakh IIM Rohtak- 19.27 LPA IIM Raipur- 16.1 Lakh IIM Raipur- 19.7 LPA IIM Udaipur- 19 Lakh IIM Udaipur- 20.3 LPA IIM Kashipur- 17.3 Lakh IIM Kashipur- 18.10 LPA IIM Shillong 22.71 Lakh 26.1 LPA XIMB 21.3 lakh 15.12 LPA IMT Ghaziabad 21.5 lakhs 16.56 LPA IIT Madras 10.9 lakhs 16.93 LPA IMI Delhi 22.25 LPA 17.20 LPA TAPMI  19.45 LPA 13.84 LPA Top recruiters at these institutes include Tata Steel, Cognizant, Capgemini, Accenture, Apollo Munich, Godrej, Emami, Nestle, Titan, Maruti Suzuki, PCBL, HDFC Bank, Mu Sigma, Larsen & Toubro, GMR, Tata Steel, Godrej & Boyce, and Vedanta and many more.  All of the mentioned institutes are good for MBA in Finance. However I would recommend IIT Madras as it has the lowest fees and a good average package.Read more
0
0
2 Answer
●●●

Ques. How good is NL Dalmia for MBA in finance? My other options are SIES (MMS) & Welingkar (PGDM). Any help will be appreciated?

● Top Answer By Akash Roychowdhury on 08 Jun 21

Ans. Before joining any college it's better to perform some research on it. The foremost thing is you need to know all the placement details from alumni or the students who are currently studying in that college. Don’t choose a college based only on their advertisement. Dalmia NL, SIES (MMS), and Welingker(PGDM) all these colleges are well-reputed institutions in Mumbai for management studies. I have friends pursuing their studies at these colleges. Based on what I heard, I will say N L Dalmia is the best college among these three. It has better placement records, ranking, and reputation. For Finance specialization, N L Dalmia has a limited student intake, i.e. 60 seats. Additionally, the institute has Mumbai's first Bloomberg Finance Lab. It has a placement average of 100%. The average package for placement in the finance stream is around 6.5 lacs, while the highest package offered is above 13 lacs. So, N L Dalmia is definitely a better choice. But before making a decision, do your own research first.Read more
0
0
1 Answer
●●●

Ques. What is the cutoff of NL Dalmia for a PGDM in finance?

● Top Answer By Tithi Aggrawal on 05 Sept 23

Ans. NL Dalmia does not follow the exact cutoff criteria. The cutoff ranges from 92 to 95% for the general category. The admission process is based on your score in the entrance examination and the interview conducted by the institute. This institute accepts various entrance examinations like XAT, CAT, CMAT, ATMA, etc. for a PGDM program. Read more
0
0
1 Answer
●●●

Comments


No Comments To Show

Master of Business Administration [MBA] (Finance) Colleges IN INDIA

View All
Amrita Vishwa Vidyapeetham
Coimbatore, Tamil Nadu
AICTE
12 L Total fees
VIEW ALL COURSES & FEES
3.94 L first year fees
VIEW ALL COURSES & FEES
10.5 L first year fees
VIEW ALL COURSES & FEES
3.48 L first year fees
VIEW ALL COURSES & FEES