In terms of first year analyst pay, banks bump pay from year to year.
When do these pay bumps happen for analysts? For example for MS- does your pay get bumped from 110 to 125k In January following your half year? (think there's a post somewhere with standard IB salaries)
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It's in July/August at your 1 year
Wait but don't you get promoted to associate in 2.5 years? So you only get Analyst3 pay for half a year?
most firms promote to associate in August, you essentially start the same time as the MBA associates hit the desk
And it's 2 years to associate now
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