Typically 40l to 65l including base + bonus. Only a handful of bulge brackets or investment banks in general hire undergrads though. 
  
 I would personally look to hire a CA as an analyst instead of a top 20 university grad just from a longevity perspective. 
  
 Not many have a structured hiring program for undergrads. So networking is usually the way.

What's the base? And I noticed there's no structured hiring program in India, unlike the US!

Founder

Base and bonus % varies wildly. Base can be between 18 to 40l. But in all these setups you can potentially make 50-60l. A couple of places with the base around 18, avg bonuses are close to 180%

Executive Director

For Context: I hold offers from multiple top 20 unis in the world and here confused between staying in India or abroad  Ergo, please share insights into an entrylevel job at MBB / bulge bracket inv...

Welcome to Business Roles's Private Community

For Context: I hold offers from multiple top 20 unis in the world and here confused between staying in India or abroad

Ergo, please share insights into an entry-level job at MBB / bulge bracket investment banks here

Moreover, how are recruitment landscape? Do they hire UG students here?

What's the avg salary of an analyst in the MBB/bulge bracket investment banks?

What's the avg salary of an analyst in the MBB/bulge bracket investment banks?- Grapevine

Please give the reality check for IB salaries in India of both Domestic IBs like Avendus, Ambit, etc. vs. JP Morgan, Goldman, Deutsche etc? And how to get into these roles right after your undergraduation?

IB Salary India| Domestic/Boutique vs Bulge bracket

With the news about McK also offering severance based voluntary attrition, wanted to get a sense of how are things across MBB in India?

The hiring has been over optimised, the batch of 2024 and the summer intern batch, count of new hires should go back to 2019 levels

How is the promotion scene looking like? Are you hearing of headcount rationalization in the India offices? 

Folks were expecting natural attrition will help with HC nos, I don't think it has really played out that way

How is your MBB/ mgmt consulting looking right now

Hey everyone, seeking some career advice here. So, I've been grinding away in the risk domain at a big financial services MNC for about 2 years now ( have total experience of 5 years from similar companies), pulling in around 30 lakhs INR. Recently, I got a bit curious about what else is out there, so I started poking around. But here's the kicker – every HR rep I chat with says my pay is cool, but they're eyeing up MBA grads from fancy schools for the budget I'm looking out for. 

Thing is, I know my stuff. I've snagged awards, jumped up the ladder faster. But now I'm starting to sweat about whether my lack of an MBA is gonna bite me in the rear down the line. Plus, with all the chatter about layoffs, I'm low-key freaking about whether my gig here is as solid as I thought. 

Any advice on how to navigate this maze? Should I bite the bullet and go for that MBA, or stick to my guns and trust that my track record speaks for itself? Appreciate any wisdom y'all can drop!

Confused on if I should get an MBA

Consultant

Welcome to Indian Startups's Private Community

Is IIT IIM tag worth it? I hear it works in the matrimony market if not in the job market

Software Engineer

Want the know for a fresh graduate from an IIM

What's the entry level salary for a consultant at MBB?

Consulting Associate

I am very fascinated by Management Consulting and been speaking with ex consultants. All of them are critical of it, but agree the money is good 🤤

Need advice 

- Do these companies take lateral hires? I have seen only IIM candidates freshly graduated being taken in
I'm not IIM, but MBA with 6 years of work ex

- MBB have shittiest WLB and highest money. Which comes down as per tier. Which is the best tier to get into, so I have best of both worlds (less shitty WLB with lesser money)

Getting into Management Consulting

I've seen many placement statistics that report IIMA grads getting nearly a crore packages in domestic placements.

I'm curious about what these jobs are, and which companies offer these jobs. 

Also, what is the profile of someone who gets such a job? Splendid Academics? Extracurriculars? Amazing work experience pre MBA?

Any insights would be much appreciated. 

Thank you.

What are the jobs and companies that offer domestic ~1Cr packages for IIMA grads?

Welcome to Personal Finance's Private Community

Why are there so many VP at Black Rock  on LinkedIn with comparatively lesser YOE than it usually requires to be VP. Almost every one is 28-32 y.o. and there are 20-30 atleast in the NCR.  Very less from IIMs,IITs so we can't discount that.
Anyone have any idea? Other than fake profile?
Any1 working there have any clue please could you comment on hierarchy or workflow .thanks.

VP at blackrock

I remember reading about this. The explanation was that people or HNI prefer talking to people in higher positions. So these investment banks just give fancy titles to make it seem like the investors are talking to someone high up.

Analyst

Hi Guys,
I  am working as a software developer in Oracle( btech from old IIT) . Its been 2 years and I now want to switch to management consulting (preferable in MBB) to experience it so want to give MBA.

1. I did some research but I want to gain some information on the salary aspect of it. I heard that the salaries are not that high they would probably be in the same range that I am getting now. BUT, I want to know in the long run do consultants get more hikes compared to tech roles? 

2. I heard the wlb is pretty bad so is there some resource that I can study to know if thats the right suit for me since its a big risk I’ll be taking moving on to a different field. There are some good exit opportunities also I believe after MBB can someone tell more about it.

Would really appreciate some answers on this. Its on my head for a long time. Cheers!

MBB roles salaries in long run/ worth taking risk

Software Developer

Any idea on domestic/global IB salary in India

Considering a fresher who will need to do a masters abroad (MiM/Masters not MBA as it needs work ex) with a loan vs a fresher who will start working right after UG in Consulting or Finance
Considering the PPP, and also considering that it is a golden decade for India
How will it look for these two different routes? Would love to hear your opinion/suggestions

Where can one earn the most? India vs Abroad

I'm a 28-year-old guy currently employed as a data scientist at a Fortune 500 company, earning a respectable annual salary of 24 lakhs. Lately, I've been contemplating pursuing an MBA, but I haven't initiated my GMAT preparation yet. I'm wondering if it's a wise move to transition my career in this direction. I've heard that individuals with a tech background who graduate from IIM/ISB might need to begin their careers anew, typically with a salary in the range of 27 to 28 lakhs. Can you confirm if this is accurate?

Data scientist —> MBA? Grass greener on the other side ?

Welcome to Data Scientists's Private Community

I have awork ex of 5 years and work with one of the best consumer tech startups in India making 32LPA and stocks. Lately, I feel that no matter how much you make here, the quality of life isn't all that great in Bangalore with the roads, pollution and what not.

At this stage, I can't lose 2 years of my time to a masters degree and start afresh in the USA.   At the same time, I'm not sure how to find  job opportunities in US, EU or even SE Asia.

Can anyone guide me on this?

ML opportunities abroad?

Data Scientist

Welcome to Product Managers's Private Community

Very confused and have very less time to finalize

Should going to IIMA/B worth it to someone who is IIT passout with 3 years of work experience and have ~50L CTC? Very confused in deciding!!

Product Manager

What all companies come to a T-1 MBA institute and what is the pay like ?

How's the pay for analysts in banks like Citi, HSBC, IDFC etc? 

My "assumption" is they have a better work life balance compared to start-ups (I work in one - CTC being 28lpa - almost 4 YOE). 

Why am I asking? 
Looking at how things are going on at BLR, I'm planning to someday switch to company with work from home and  better work life balance.

Analytics' Pay in Banks

Data Analyst

Should I go for MBA in top 10 b schools india like IIMs, XLRI, SPJAIN, etc

So a little background about myself. 

I graduated in 2023 from a tier college and managed to get an off-campus job in an investment bank as an SDE. 

My current salary is 24LPA.

Would it be beneficial for me to do MBA from the above mentioned colleges

Like would the placements there be better than what I have currently? 

Also if I can save enough money in 2 years would a MBA in US in a top 20 uni be better than MBA in IIM? 

I will be going for further studies sometime in 2025 or 2026.

My main goal is to improve my salary and build a network. 

I have also managed my own dev agency and did freelance projects in the past 4 years. 

If anybody has gone through the same please let me know your experience. 

This also applies to MTech/MS as well

Thank you.

What's the avg salary of an analyst in the MBB/bulge bracket investment banks?

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