• Sharebar

How much bonus can I expect to earn in London at a BB as a:
- 1st year analyst
- 2nd year analyst
- 3rd year analyst

I searched a little bit, but there was little relevant information.
Thanks a lot!

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation + Learn More.

IB Interview Prep Pack

30,000+ sold & REAL questions Learn More.

Resume Help from Actual IB Pros

Land More IB Interviews. Learn More.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews. Learn More.

Comments (23)

  • Matrick's picture

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • Matrick's picture

    For the lazy people:


    Uploaded with ImageShack.us


    Uploaded with ImageShack.us


    Uploaded with ImageShack.us

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • SeaUrchinCeviche's picture

    Thanks! That is perfect!

  • Matrick's picture

    ;) No problem, glad to help

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • SonnyZH's picture

    This makes me want to cry.

    The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation + Learn More.

IB Interview Prep Pack

30,000+ sold & REAL questions Learn More.

Resume Help from Actual IB Pros

Land More IB Interviews. Learn More.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews. Learn More.

  • Matrick's picture

    I believe there is a similiar PE Compensation Report somewhere, but I forgot who published it.

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • In reply to SonnyZH
    Matrick's picture

    SonnyZH:
    This makes me want to cry.

    Well, it's not as great as it used to be, but still better than most other jobs for grads, no?

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • In reply to Matrick
    prospie's picture

    Matrick:
    SonnyZH:
    This makes me want to cry.

    Well, it's not as great as it used to be, but still better than most other jobs for grads, no?


    uh, yeah, this is not worth crying over. How about bonus = 0?
  • Matrick's picture

    Yup, that basically hits the nail on the head.

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • SeaUrchinCeviche's picture

    It's still the best-paying job out there - at least that I know of.
    Consulting, Big4, law-firms etc.: They make less. The difference becomes bigger after a couple of years. Analyst 3 numbers are much higher than a consultant can expect to make after that time. Plus hours worked decrease with seniority. So long term it's not bad at all. Especially if you make top bucket.

  • Matrick's picture

    One of the issues I have seen though is that people, especially first and second years, complain about the bonus and then leave. One guy once told me "I work twice as much as my friend at Consultancy XYZ, and after-tax we almost make the same". I guess 10k difference is not large enough for many to sacrifice twice the time almost.

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • SeaUrchinCeviche's picture

    That's short sigthed. Such people are better off in consulting anyway. I interned in both management consulting and investment banking at top firms. I used to be naive and think: 10k difference for much better hours...consulting is the real deal...
    After the internships I can tell you: After six years in consulting you will be some kind of project manager and still work the exact same hours as a new hire...you are both working at the client's site and no one leaves earlier. Now, after six years in IB you are a VP and WORK LESS than in consulting, but MAKE TWICE AS MUCH or more. If you are short-sighted go for consulting, if you can look past year 1, choose investment banking.

  • yeahright's picture

    Maybe complainers should go into PR. Make like 30k a year BEFORE taxes and work like 70 hours. Bunch of whiners, jesus

    Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."

  • SeaUrchinCeviche's picture

    Exactly...the argument I love the most is: Living expenses are so high that as an analyst in London/NY you will barely break even...
    Do you realize that the average salary in these cities is way below an analyst's? How are all these teachers, journalists, marketing types, baristas and waiters supposed to survive? When calculating break-even they include luxuries like expensive clubbing, clothes, watches, you name it. That's a nice lifestyle, but far from necessary. I hate all this whining.

  • In reply to SeaUrchinCeviche
    Black Jack's picture

    SeaUrchinCeviche:
    That's short sigthed. Such people are better off in consulting anyway. I interned in both management consulting and investment banking at top firms. I used to be naive and think: 10k difference for much better hours...consulting is the real deal...
    After the internships I can tell you: After six years in consulting you will be some kind of project manager and still work the exact same hours as a new hire...you are both working at the client's site and no one leaves earlier. Now, after six years in IB you are a VP and WORK LESS than in consulting, but MAKE TWICE AS MUCH or more. If you are short-sighted go for consulting, if you can look past year 1, choose investment banking.

    VPs are still working pretty brutal hours and I would guess more than most consultants. Sure, not pulling many all nighters anymore, but still consistently in the office until 7 or 8 and working (though maybe from home) most weekends. It is no walk in the park.

  • In reply to Black Jack
    oreos's picture

    Black Jack:
    SeaUrchinCeviche:
    That's short sigthed. Such people are better off in consulting anyway. I interned in both management consulting and investment banking at top firms. I used to be naive and think: 10k difference for much better hours...consulting is the real deal...
    After the internships I can tell you: After six years in consulting you will be some kind of project manager and still work the exact same hours as a new hire...you are both working at the client's site and no one leaves earlier. Now, after six years in IB you are a VP and WORK LESS than in consulting, but MAKE TWICE AS MUCH or more. If you are short-sighted go for consulting, if you can look past year 1, choose investment banking.

    VPs are still working pretty brutal hours and I would guess more than most consultants. Sure, not pulling many all nighters anymore, but still consistently in the office until 7 or 8 and working (though maybe from home) most weekends. It is no walk in the park.


    you're joking right? 8, brutal? get da fuck out.

    "After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper

  • Matrick's picture

    I think that the high years (2007 etc.) really spoiled everyone looking to get into banking. I remember one Associate (3rd year, about to be promoted) tell me how when he was a first year analyst, all his colleagues went out with their bonuses and bought Porsche 911s. Ah well, I guess these times are really over. But then again: IN what industry are they not?

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • SeaUrchinCeviche's picture

    To unlock this content for free, please login / register below.

    Connecting helps us build a vibrant community. We'll never share your info without your permission. Sign up with email or if you are already a member, login here Bonus: Also get 6 free financial modeling lessons for free ($200+ value) when you register!
  • Matrick's picture

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

    See my Blog & AMA

  • PlusMinus's picture