Salary

I searched the forum but did not find fresh info on consulting salaries in London.
What kind of money can be made at M/B/Bin the UK?

-analyst:
-assoicate:

Thanks a lot!

Why do people who have just started or never done banking always say private equity is the next step. Is it just the easiest answer? Is the pay and lifestyle really that much better? Also, doesn't it suck that you no longer have a large group of people your age to hang out and bitch to? What are the actual pros and cons of each for people that have actually done it?

Hi,

Can a company that you are interviewing with actually call up your previous internship employers and ask them how much they paid you for the internship?

Thanks.

Like it or not, it seems some variant of the proposed "Financial Overhaul" Bill is going to pass? How do we feel about this? Any notable effects on particular industries? Are there really any positives from this from the perspective of an investment banking employee?

Hi,

I'm fairly advanced in the interview process with 2 banks (non BB) based in London for research associate positions. I've looked at salary surveys and they suggest the base salary range is £45k - £60k.

Does this sound about right to anyone in a similar position? It seems like quite a big range.

Also, I've read a lot about base pay being put up in a lot of front office areas to get around the bonus legislation. As these salary surveys were probably conducted a little while back are these base salaries now too low? I've gone direct in both cases so don't have a recruitment consultant to do the negotiating for me.

Any advice much appreciated

Do 2nd years get salary bump in the summer if they got a stub S&T bonus in February? Or will it be next Feb?

Hello folks,

Please help me out with a salary question! I move into investment banking sector from scientific software development background. So I have no idea how the salary in investment bank gets decides. Please help!

People say that banks pay the same in the US and abroad... but is this the same for consulting firms (MBB)?

And what about for all levels? How do business school programs look upon analysts from MBB that are housed in the US compared to ones house abroad in Asia and Europe?

Thanks

I want to understand some of the differences between prop shop trading and trading at a BB, in particular what are the salary differences? I know you'll probably start out with more at a BB (prob 70k vs 55k at a prop shop), how do the salaries change as you go up the ladder?

Thanks!

I am curious about the base and bonus generally offered at middle market banks in London for 1st year associate position...from what I know BB are between 60-65k GBP, what about middle market banks, is thit the same ? What about the bonus ?

How do analyst salaries & bonuses in Toronto BB (RBC CM, TD Securities, etc.) compare to American BB at major cities (ex. GS NY)?

Entering junior year and trying to decide a general career path geographically.

very much appreciated, and thanks in advance!

Hi guys,

Currently trying to gauge an offer in structuring for fund derivatives in UK @ Credit Suisse.
I have 3 years exp and based in the US.
What would be the base pay/sign-on/relocation cost package you think about?

I was thinking about 60k/15k/5k in GBP.

Any advice?
Thx!
D.

Hello, i am strongly considering becoming an investment banker (i live in Canada and will be attending the Queens commerce program); However i do have a few questions.
1) Are 100 hour work weeks REALLLLY common, or are they just during the "busier" weeks of the year?
2) Is it incredibly difficult to find a job as an IB (Toronto Financial district)
3) Is it as stressful as people say it is?

If anyone is able to answer a few of these questions i would be incredibly grateful!
Also, if you work as an investment banker anywhere in North America, please message me.
I have been trying for a long time now to contact an actual ivestment banker ><

So after doing my own research and reading this site I have realized the Asset management is a solid career choice. So I wanted to know what is the usual career path to become a portfolio manger at a asset management firm like Blackrock, Pimco and wellington. Also what is the salary like for a portfolio manger at these places?