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Investment Banking Jobs and Salary in Gurgaon – A Guide

When you look into the field of finance, one of the most rapidly developing fields is Investment Banking because of the services it provides to businesses and the payscale it offers for the workers who are working in the field of Investment Banking. It not only guarantees an exceptional salary package but also as a field it has always remained one of the consistent fields in the finance environment. With the rapid growth in business and emerging new companies in the current economy, the want for professional expertise and advice regarding transactions in finance is significant. It is where the demand for professionals in Investment Banking emerges. This article will look into various Investment Banking Jobs and Salary in Gurgaon.

Investment Banking Jobs and Salary in Gurgaon

In the finance world, Investment Banking is considered one of the most exceptional fields because of its role in carrying out the flow of money and contributing to the growth of the economy. The industry professionals of Investment Banking act as the middleman by bridging companies, business corporations, governments, and other entities that have investors. To become an industry expert, you not only need to possess incredible academic achievements but also should possess skills like excellent communication and networking, the ability to handle a fast-moving setting, presentation skills, and immense knowledge about the finance markets with exceptional insight. What you may hear about the role of an Investment Banker might be the tip of the iceberg. It has lots of depth in it. They have various subsidiary roles under them. This article will help you know about various Investment Banking Jobs and Salary in Gurgaon.

Before we dive into the Investment Banking Jobs and Salary In Gurgaon, let us get to know a bit about Investment Banking.

What is Investment Banking?

When you look into the term Investment Banking you may wonder what it is about. You might even get it mixed with traditional banks. But the function of Investment Banking from traditional banks varies a lot. A traditional bank collects deposits and issues loans to people, whereas an Investment Bank helps in transferring capital between investors and those who want to sell trades. They stick themselves in selling stocks and bonds of companies, and corporations. This process is often regarded as Underwriting. Underwriting involves the process of raising money from investors at the behest of business corporations and governments that offer debt securities.

Investment Banking is otherwise also referred to as I-Banking. The main function of Investment Banking is to act as an intermediary between the buyer and the seller. They offer their assistance to companies, governments, and business firms to raise money(capital) and give financial advice regarding mergers and acquisitions, and complex transactions. We can break Investment Banking into 2 parts i.e. Buy-side and Sell-side.

  • Buy-Side: The Buy-side in Investment Banking involves entities that buy securities. To manage money for funds like pensions, insurance, private equity, and hedge funds they buy large-scale securities.
  • Sell-Side: The sell-side process includes selling securities and promoting, creating, and analyzing them. This involves the process of underwriting securities and delivering them to the market.

Surge of Investment Banking in Gurgaon:

Gurgaon or Guruguram as officially called is one of the most important cities in Haryana. It is Delhi’s one of the main cities and falls under the National Capital Region of India. When it comes to Information Technology, Gurgaon stands as the second-largest city in India and takes up the place of the third-largest banking and financial hub. The economic wealth of Gurgaon is exceptional since it occupies the 8th place in India in terms of total wealth. It is important to note that Gurgaon spots as the nerve centre for many largest companies in India and is the base for many startup companies. With this rapid surge and the development of Industries, it contributes nearly 70% of annual income in the economy of Haryana and holds its place as the leading centre in the industrial platform taking up the highest place in the per capita income in India. All these factors of financial renaissance in Gurgaon have led to the surge of Investment Banking. Gurgaon has become a HubSpot for many multinational corporations, and big companies like Maruti Suzuki, DLF, General Electric, etc… Because of these various companies, the need for financial advisory increased which is provided by Investment Banking.

List of Top Investment Banking Firms in Gurgaon:

Before we jump into the Investment Banking Jobs and Salary in Gurgaon, let us know what are the top Investment Banking Firm in Gurgaon. A few of the most notable firms are:

  • Goldman Sachs
  • JP Morgan Chase
  • Morgan Stanley
  • CitiGroup
  • Barclays
  • Credit Suisse
  • UBS

With the increase in the rise of various companies and entrepreneurship in Gurgaon, the demand for financial services increased which led to the surge of Investment Banking. There is a surplus of job opportunities with an enticing salary.

Let us look into Investment Banking jobs and salaries in Gurgaon.

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Investment Banking Jobs and Salary in Gurgaon:

Gurgaon, as one of the most economically thriving cities in India, has an immense scope in the field of Investment Banking. Before we get into the Investment Banking Jobs and Salary in Gurgaon let us know the significant Investment Banking Jobs. The following five are the most significant jobs in the hierarchy of Investment Banking. They are:

  • Investment Banking Analyst
  • Associate
  • Vice President
  • Senior Vice President
  • Managing Director

Investment Banking Analyst – Investment Banking Jobs and Salary in Gurgaon:

An individual who wants to be an analyst must know how challenging it can be and how important their responsibilities are. But if they equip themselves with the perfect academic, network, and a spotless work ethic they can see themselves securing a career as an Investment Banking Analyst. When these financial services such as Investment Banking look into professionals, they expect them to have certain qualities such as:

  • A Bachelor’s degree holder in Finance or related fields.
  • Profound expertise in Statistics and quantitative analysis.
  • Immense knowledge and ability to catch onto investment risks and analyze securities.

The role of an Investment Bank Analyst is to analyze every detail that is related to investment and come up with and suggest exceptional investment deals. These Investment Banking Analysts study market fluctuations, and the financial position of business firms and companies and collect data on their future growth. They also involve themselves with mergers and acquisitions and huge transactions that are initiated by the company. One of the many important roles of these Analysts is to research, find, and display stocks and bonds and various securities. They play a vital role in raising money for companies and individuals by giving debt and selling stocks.

Investment Banking Analysts is Seen as an Entry-level Job in the Field of Investment Banking. A Few of the Required Qualifications to Have a Career as an Investment Banking Analyst Are:

  • To have experience with DOD, SQL, EMASS, SIEM, and cloud software.
  • Have experience as a professional writer.
  • Holds experience with banking and derivatives.
  • A Bachelor/Graduate degree in Computer Science, Systems Engineering, Business, and information systems.
  • Time Management.
  • Prioritization skills.
  • Skills like problem-solving and decision-making.

According to Glassdoor, the average base salary of an Investment Banking Analyst ranges from ₹6L- ₹9L/yr in Gurgaon, Haryana. The Salary Range for Investment Banking Analysts in Gurgaon is ₹50,447 – ₹81,793.

The overall Average Salary for an Investment Banking Analyst in Gurgaon, Haryana is ₹7,50,607. They get to have an average extra cash compensation ranging from ₹50,447 – ₹81,793. Individuals should also keep in mind that the average salary depends on the size of the organization they work with and the candidate’s qualifications.

Investment Banking Jobs and Salary in Gurgaon – Investment Banking Associate:

In the Hierarchy of Investment Banking, Associates lie one step ahead of Analysts. These Investment Banking Analysts take up one of the vital roles in the financial field, serving as a link between the analysts and the higher-ups in the management. One of the main roles of an Investment Banking Associate is to create intricate financial planning that can help analyze and test mergers and acquisitions, financial structures, and deals. When a client wants assistance from a financial service, they first reach out to these Investment Banking Associates. Once they get a grip on the the clients and their demands, they work diligently on their goals both short time and long time. They prepare a list of opportunities for Investment by examining the industry data.

It is crucial to know the role played by an Associate in the field of Investment Banking. They help in maintaining the existing connections as well as forming new connections. They build marketing securities, deliver finance information, and simultaneously carry out appraisal analysis, bringing off client’s transactions and proceeding with new transactions that can benefit the company in increasing the economy.

Investment Banking Analyst who has gained experience in the finance industry of two to five years are also qualified to take up the role of Investment Banking Associate.

The qualifications for an Investment Banking Associate are:

  • Bachelor’s degree in Business or an MBA degree.
  • Strong Leadership.
  • Banking Experience.
  • Have experience with statistics, C#.
  • Decision maker.
  • Previous experience as a consultant.
  • Attention to detail.
  • Skills in Time Management.
  • Risk Management
  • Sales

According to Glassdoor, the estimated total salary for an Investment Banking Associate in Gurgaon, Haryana is ₹ 864,418/ year whereas the average pay per year is ₹779,351. Additional or extra pay which is like profit sharing, commissions, cash bonuses, and tips holds an average range of ₹85,067 per year.

Investment Banking Jobs and Salary in Gurgaon – Vice President:

As we dive into the topic of Investment Banking jobs and salaries in Gurgaon, a vice president in the investment banking sector is considered a junior when compared with the other senior bankers. This position is also the one that holds the first recognized title when it comes to higher-ups. The function of an Investment Banking Vice president carries two important roles. They are:

  • Pitch Books (a sales document that holds the main features of the firm that helps the said firm to attract and produce new clients)
  • Managing Client Relationships.

To explain it in simple terms, a Vice President is the one who pulls together the whole team of associates to bring together a pitch and work diligently throughout their work hours speaking with their clients. They don’t involve themselves in many basic activities but rather act as representatives. They are the main reasons for a long-lasting relationship between the senior bankers and the clients.

Investment Banking Associates who have scored themselves with work experience of five to ten years are eligible to get promoted as an Investment Banking Vice President. The change can be quite challenging for these associates because of the sudden transition from the analytical side to the side that requires social interactions.

According to the statistics produced by ambitionbox, the annual salary of an Investment Banking Vice President in Gurgaon, Haryana stretches between ₹20.0 Lakhs to ₹97.0 Lakhs whereas the average salary that an Investment Banking Vice President takes home is estimated as ₹44.0 Lakhs.

Investment Banking Jobs and Salary In Gurgaon – Senior Vice President:

The Senior Vice President is also referred to as a principal or a director of the company. The above-mentioned job roles such as analyst, associate, and Vice President are different when compared with a Senior Vice President. It is the role of these Senior Vice Presidents to build relationships and win over clients. They also involve themselves with duties like project management. No matter what other side roles they do, their main job action is to win over clients.

To acquire the position of Senior Vice President, one should climb the stairs of hierarchy since direct appointment for the role from the outside is unheard of. It is the senior vice president who acts as an intermediate between the teams(i.e. job positions that are lower in rank or hierarchy) and the clients.

As we have already seen appointment for the Senior Vice President is through promotions, and the age range to hold the position will be most probably between 32- 45. The average annual salary of a Senior Vice President in Gurgaon, Haryana stretches between ₹51.0 Lakhs to ₹100.0 Lacks where the estimated annual salary will be ₹ 93.0 Lakhs.

Investment Banking Jobs and Salary in Gurgaon – Managing Director:

In the hierarchy of Investment Banking the Managing Director position takes up the topmost position as they are the one who is responsible for the bank’s profitability. To be placed as a Managing Director in Investment Banking, one has to possess the best of the best skills and hold authority. The Managing Director in the Investment Banking field is the one who understands the whole deal progress and the one who should be aware of the political and economic happening around them as it makes an impact on their clients and the operations of the bank. They always actively monitor the progress and only when needed do they jump into an active role. They also observe Vice Presidents and Senior Vice Presidents remove those who are feeble in their work and honour potent VPs and Senior VPs.

A Few Responsibilities That Are Carried by an Investment Banking Managing Director Are:

  • Building Relationships
  • Soliciting new clients
  • To meet potential clients.

Incase of the salary received by an Investment Banking Managing Director in Gurgaon, Haryana, it mostly depends on the skills and experience of the employee. On average a managing director secures a salary of ₹1,15,61,621 or on an hourly basis they take home ₹5,558. The average salary also varies depending on the experience level of the Managing director.

  • An Investment Banking Managing Director who is at his entry-level in his job (i.e. experience of 1 to 3 years) can get hold of an average salary of ₹71, 30,168.
  • An Investment Banking Managing director who holds a senior position from his experience (i.e. more than 6 years of experience), gets to take an average salary of ₹1,97,54,286.

List Of Other Courses in Gurgaon

Skills Needed for Investment Banking

When we get to know about Investment Banking Jobs and Salary In Gurgaon it is also important to note the skills that are required. An individual who wants to get themselves into Investment Banking needs to make sure they have these skills in them as the job demands a lot of validation and financial modeling. To deliver their clients with advice to complete the deals these employees who involve themselves with Underwriting, Mergers, and Acquisition activities, Associates, and Analysts take up most of their time in Excel to build financial models. To perform such activities, certain skills are expected in Investment Banking. They are:

  • Financial Modelling – They are expected to deliver a vast array of financial modeling operations like constructing LBO models, three-statement models, DCF models(discounted cash flow), and other sorts of financial models.
  • Relationship management – As their work involves dealing with clients, they should be social and can help seal deals. They need to make sure that the clients are satisfied with the service offered.
  • Negotiation – Mastering the skill of negotiations is a must as the major role in negotiation tacts is to talk between sellers and the buyers during the transaction that can help improve the value.
  • Business Valuation – An Individual who enters into Investment Banking must use a vast array of valuation methods like DCF analysis. Comparable company analysis, and precedent transactions.
  • Sales and Business Development – To meet up with new clients and deliver them with new ideas and assist them in their work by giving advice that can help them win over new business.
  • Pitchbooks and Presentation – Possess the ability to build pitchbooks and PowerPoint presentations from the ground up to sway ideas to the clients and secure new deals that profit the company.
  • Transaction documents – Should be equipped to be able to prepare documents like:
  • Investment teaser
  • Building data room
  • CIM (Confidential Information Memorandum)
  • Confidentiality agreement
  • Term sheet

In Conclusion

With the increase in the economy of Gurgaon, Haryana which poses as one of the major financial hubs holds a very promising future for individuals, and professionals who want to enter the field of Investment Banking. With the perfect skill sets, experience, and academic knowledge bankers can find their place in Investment Banking. I hope this article can supply you with insight into Investment Banking Jobs and Salary in Gurgaon.

Frequently Asked Questions(FAQs)

1. To get a job in Investment Banking what are the required qualifications in Gurgaon?

To perceive a job in the field of Investment Banking, one should have of strong academic background in business, finance, or a similar field related to it. It is also an advantage if the professional is a degree holder of an MBA. Certifications like Chartered Financial Analyst (CFA) can also befit them in getting a job in Investment Banking in Gurgaon.

2.     Is it tough to get a job in Investment Banking In Gurgaon?

Gurgaon acts as a hotline for various domestic as well as many International companies. To get into the job market of Investment Banking in Gurgaon, the individual should be professionally skilled with strong networking, educational background, and internships.

3.     Are bonuses offered to Investment Bankers in Gurgaon?

Yes, Professionals who work for Investment Banking in Gurgaon are provided with bonuses which are often based on the individual’s performance, and the deal they secure and win over. The range of bonuses differs from one company to another as it solely depends on the financial health and the size of the company.

4.     Are there ample job opportunities in Investment Banking in Gurgaon?

Yes, there are lots of career opportunities in the Investment Banking Sector, in Gurgaon. Even if you start your career from the bottom as an analyst or an associate you can climb up to higher levels as a Vice President or Senior Vice President with the required skills and experience in the field.

 

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