Finance newbie here! What kind of comp am I looking at?

This is my first post on this site, so hello!

I am in talks with a firm about an associate level position and am wondering what kind of comp I should expect. I currently work in industry (engineering background, will soon have MBA) and am well-compensated. I am not sure what category of AM the firm falls under, so I'll just describe it. Little over $5B AUM, long-only, long-term sector specific, 5 investment professionals (all partners) and ~15 total employees.

My first thought is that that is a lot of money per investment staff, so bonus should be good. But I am just starting to learn about the business and have no idea what would be considered normal comp, for base pay or bonus. What do you guys think?

Side question: I have already spoken with one of the partners and will be speaking to a PM next week. Any suggestions for reading/research I could do to prepare? I feel a little out of my depth in the finance world, even though I am confident I have the skills they are looking for (technical background).

1 Comments
 

Sequi eligendi quisquam corporis doloribus earum magnam recusandae. Quo sunt qui facilis occaecati porro. Consequatur harum sint dolorem debitis. Illum aut sed quaerat veniam quo nobis et delectus.

Voluptas quo similique ut fugiat facilis voluptatem ut. Et tempore numquam quis. Cumque aspernatur aut fugiat minus.

Voluptates nihil delectus quisquam dolore et minus. Deleniti ea quaerat quam enim nisi rerum. Explicabo id at iure voluptatum non iure. Consequuntur dicta sint et est.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”