Business & Finance Indianapolis, IN Pop. 887,642

Investment Banker Salary in Indianapolis, Indiana

The median investment banker salary in Indianapolis, IN is $120,900 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$120,900
vs State Avg
+$3,900
vs National
$-9,100
Cost of Living
93%

Investment Banker Salary in Indianapolis by Experience

In Indianapolis, an entry-level investment banker earns around $74,400, while experienced professionals earn up to $279,000 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$74,400
$-5,600 vs national
Mid Level (3-7 yrs)
$125,550
$-9,450 vs national
Senior Level (8+ yrs)
$279,000
$-21,000 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $69,750
25th Percentile $88,350
Median (50th) $120,900
75th Percentile $195,300
90th Percentile $297,600

Investment Banker Salary in Other Indiana Cities

Carmel, IN
$136,500
Pop. 99,757
Fort Wayne, IN
$110,500
Pop. 263,886
Evansville, IN
$109,200
Pop. 117,429
South Bend, IN
$107,900
Pop. 103,453

How to Become a Investment Banker in Indianapolis

Education

Most investment banker positions require a bachelor's degree. Indianapolis and the surrounding Indiana area have institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Indianapolis may vary based on local industry and population growth.