What Is A Managing Director (MD)?

Managing Directors (MDs) are the highest-ranking role within an investment bank without becoming a Group Head or C-Level Officer. Their job is to find clients and get deals for the firm, and they get paid according to how successful they are. It is rare to become a Managing Director under the age of 30-35.

To become a Managing Director it is almost essential to have been a Senior Vice President in banking.

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Total Avg Compensation

April 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (34) $348
  • Associates (185) $233
  • 2nd Year Analyst (106) $150
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (391) $132
  • Intern/Summer Analyst (318) $82