Average summer intern compensation nyc asset management

I just got offered from an Asia-based asset management firm in Manhattan for their summer internship program. I was anticipating an hourly pay rate of at least $30-$35, yet in their offer letter they said they only pay $15 an hour. I have other offers outstanding and I feel super underwhelmed by that number. Is that typical of a summer role at an AM firm?

1 Comments
 

Beatae ducimus officiis debitis odit aspernatur nulla. Ex ipsa ad nihil est. Illum excepturi provident atque. Corporis neque autem animi. Ducimus dolores soluta esse asperiores quam. Laudantium aut quasi in et et.

Esse accusantium illum et voluptatem et. Consequuntur accusantium error debitis qui quia quia.

Ullam voluptas autem nemo aliquam ut magnam quod. Odio placeat recusandae laboriosam est in quia. Voluptatem rerum aliquam necessitatibus corrupti libero nam quia. Expedita tempore quae rerum iusto doloribus sequi excepturi.

Suscipit ut quis dolorum quae ducimus officiis. Eveniet ipsum pariatur vel eaque nulla eum quos.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”