I Banking Comp Ranges by Rank

Depends on location and so on...

here are what i think the ranges are...my best guess...these can obvioulsy fluctuate

1st yr associate? base: $80-$120, bonus: $100-$200 3rd yr associate? base: $100-$140, bonus: $140-$280 1st yr VP? base: $130-$180, bonus: $220-$600 3rd yr VP? base: $160-$220, bonus: $280-$1,000 Junior MD? base: $180-$350, bonus: $400-$2,000 MD that's been at the job for 5 years at top bank?

base: $300-$800, bonus: $800-$10,000+

i'm sure people will disagree with my ranges, but that is what i've heard.

Anyone know how I can take a peek at this?

Makes 60+10 + year end of like 40-90k... Something like $65,000 is the median. That pushes total comp to at least $60+65.

That's a huge fluctuation from 800k to 10 million.

What are the numbers for bulge bracket, New York?

Oh,,,never mind.

hey do i get bannas

haha

blah

Please stop crapping threads just to earn bananas. You diminish the quality of the forum with your shameful behavior.

need more moderators to police the post whores...i vote for anyone but dan bush

Hey Banking that survey was from the year 1999 so that data is really old and of no value now...most of the salaries have changed since then.

DO most bankers attempt to reach the level of managing director, i know everyone cant get there and would assume it would require a large amount of networking as well a pretty good resume and other things also, there pay is really amazing

Anyone wish they weren't doing iBanking? That they had a more regular job?

Living in NY, don't you feel like everyone is an i-banker sometimes?

Yeah I know what you mean!

middle market banks compensation??

yeah what is the difference for boutiques?

can someone explain what's the typical route for an ibanker? analyst 1-3, mba and then associate?

does anyone know of an analyst or associate getting 0 bonus (but not fired)??

Associate-1: 280-360 Associate-2: 325-450 Associate-3: 425-600 VP-1: 575-725

I left out one firm's #'s who had serious outliers on both ends of spectrum. The rest are pretty consistent.

The Associate #s look good but I don't know about the VP. I worked at a BB for a while, and there was never a time when the VP's lowest comp was lower than the Associate's highest comp. If this was ever going to happen, it would be in a major down year (since most VPs are paid based on bank revenue while Associates are paid based on a strict bonus pool) so it's hard to imagine this happening in a year when most banks set records for earnings.

Most firm's high for Associate-3 (3 of 4)was 550. With VP1-low at 575(3 of 4). I'm only comparing 4 firms as thats the only info i have.