Little bit of background on me:
- 4 years experience as a long/short equity analyst at a boutique (AUM $1Bn) buy-side firm in South Africa
- Currently my MBA at LBS in London
- Passed CFA level II exam (although not too much weight on this IMO)
So I am wondering what salary ranges are for someone looking for an analyst role at an AM/HF shop in London. Seems the bigger shops like Capital Group and T Rowe start at £80k/year for an MBA associate but seems low.
Thoughts?
There was a thread on this just the other day, not many responses (as expected) but there were a couple data points.
For what it's worth I've also heard the 80k at Cap Group from a recruiter, it's a legit number. It might be subject to a bump soon since they also take people from sell side ER w/ 3-4 YOE into that program and places like MS, GS and JPM now pay ER ASO1s like £100k base lol.
You should really be concerned about long-term trajectory rather than anything.
Wow, would the 100k be street? Heard from my trading friends that Asso base (albeit for trading) was ~75k at another BB
MS now pays 70k to An1s (I think progression is 70-> 80-> 90-> 100 or something). GS and JPM 60k+ to An1s.
Seems it's mainly these 3 out of the BBs that have matched IBDs base with all of FO.
Many banks still pay 50-> 55 -> 60 -> 75 tho outside of IBD.
- ik for a fact out of Undergrad in London for CapGroup / TRowe etc its all circa 100k pounds all in i.e. for associate analyst which scales up ( a lot) when you become an analyst
Omnis rem sunt quis. Totam provident est illo sunt est dolor. Magnam doloremque est eum fugit provident. Quisquam commodi sapiente ut sunt exercitationem laborum aut. Possimus nesciunt ea sed doloribus. Eos qui error perferendis tempora perferendis amet. In sit recusandae rerum deserunt.
Id rerum cumque suscipit sint saepe officiis qui. Ducimus ratione minus nemo minima ad. Aut tempora aspernatur debitis beatae qui et est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...