16 Comments
 

For normal on cycle starts the below is accurate for base salaries.
First 6 months: $100k (July to Jan of stub yr)
Next 12 months: $105k(Feb to Jan of first full year)
Next 6 months: $110k (Feb to June of 2nd yr)
Next 6 months: $135k(July to Jan of 3rd yr after 2 yrs of service)
New base at $150k (effective Feb 1)

Once promoted to Sr Assoc, you can get bumped to $170k base if you hit a couple key metrics.

 

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Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

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  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

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June 2026 Investment Banking

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  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
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  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
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  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
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