Associate - Investment Banking in Mumbai Salary (India)
The average pay for an Associate - Investment Banking in Mumbai, Maharashtra is Rs 1,022,333 per year. Experience has a moderate effect on income for this job. A skill in Java/J2EE is associated with high pay for this job. People in this job generally don't have more than 20 years' experience.
|Range||Rs 0Rs 2M|
|Salary||Rs 331,727 - Rs 1,885,638|
|Bonus||Rs 39,453 - Rs 392,543|
|Profit Sharing||Rs 25,000|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|Rs 356,774 - Rs 2,177,694|
Job Description for Associate - Investment Banking
Associates in investment banking are usually recent MBA graduates. They may also be internal staff, who were promoted after three or more years working experience as financial analysts. They perform extensive investment valuation analyses. They must be consumer-focused. They must have direct investment banking experience.Read More...
Some employers require that associates maintain series 6 and/or 7 certifications, issued by the Financial Industry Regulatory Authority. They must be knowledgeable about Security Exchange Commission rules and regulations that are relevant to investments and security trading. They may also be required to keep their mortgage and insurance licenses current, as required by their states. They must be ethical and honest. They must maintain integrity and avoid conflicts of interest. They must have strong management, analytical, and technical skills. They must have excellent leadership and customer service skills. They must act as experts in industry-specific and/or investment banking products. They must initiate new client relationships and build current business relationships. They must be problem-solvers.
Most employers require that candidates have a bachelor’s degree in marketing, business, finance, or related fields, but they prefer candidates with an MBA. They must keep themselves up to date with new investment banking products and services by reading relevant professional journals and business publications. They may have to attend various conferences relevant to their job. (Copyright 2018 PayScale.com)
Associate - Investment Banking Tasks
- Manage client portfolios, evaluating profitability and conducting financial transactions.
- Attend meetings with clients and prepare presentations providing an overview of clients' investment portfolios.
- Analyze investment strategies, identify potential investments, and conduct risk assessments.
Associate - Investment Banking Job Listings
Key Stats for Associate - Investment Banking
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