Investment Banker vs Management Consultant salary
In India, a investment banker earns about 42% more than a management consultant — $41,679 vs $29,322 per year.
Showing amounts in USD (USD default; source data is INR). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Pays more
Finance & Business
Investment Banker$41,679/yr
- Monthly
- $3,474
- Hourly
- $20
- Range
- $19,172–$69,186
- 10-yr outlook
- +7%
Finance & Business
Management Consultant$29,322/yr
- Monthly
- $2,443
- Hourly
- $14
- Range
- $16,127–$45,448
- 10-yr outlook
- +10%
Pay range, side by side
| Percentile | Investment Banker | Management Consultant |
|---|---|---|
| Entry (10th) | $19,172 | $16,127 |
| 25th | $30,425 | $22,724 |
| Median | $41,679 | $29,322 |
| 75th | $55,432 | $37,385 |
| Senior (90th) | $69,186 | $45,448 |
National India figures in INR. Individual pay varies with experience, employer, and location.
More Finance & Business comparisons
Frequently asked questions
- Does a investment banker or management consultant earn more in India?
- A investment banker earns more, at about ₹39,80,000 per year vs ₹28,00,000 for a management consultant — roughly 42% (₹11,80,000) more.
- What is the salary range for these roles in India?
- A investment banker typically earns ₹18,30,800–₹66,06,800, while a management consultant earns ₹15,40,000–₹43,40,000 per year.
- How much do these jobs pay per month in India?
- On a monthly basis before tax, a investment banker averages about ₹3,31,700 and a management consultant about ₹2,33,300.
- How do entry-level salaries compare?
- At the 10th percentile in India, a investment banker earns about ₹18,30,800 while a management consultant earns about ₹15,40,000 per year.
- How do senior-level salaries compare?
- At the 90th percentile in India, a investment banker earns about ₹66,06,800 while a management consultant earns about ₹43,40,000 per year.
- Are investment banker and management consultant similar careers?
- Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.