Nov 27, 2024
2 Comments
 

Based on the most helpful WSO content, here are some insights into salary progression in various finance roles, which might give you an idea about MM PC (Middle Market Private Credit) salary progression:

  1. Investment Banking (IB) Progression:

    • Y1 post undergrad: $68k
    • Y2: $75k
    • Y3-4: $90k
    • Y5-6 (MBA): $125k
    • Y7: $275k
    • Y8: $315k
    • Y9: $475k
    • Y10: $525k
  2. Private Equity (PE) / Hedge Fund (HF) Progression:

    • Y1: $150k
    • Y2: $200k
    • Y3: $280k
    • Y4: $300k
    • Y5: $350k
    • Y6: $420k
    • Y7: $550k
    • Y8: $1.65M
    • Y9: $1.07M
    • Y10: $2.67M
    • Y11: $4M
    • Y12: $3.6M
  3. Corporate Finance (F500) Progression:

    • Associate Manager: $105-120k
    • Manager: $140-155k
    • Senior Manager: $170-185k
    • Assistant Director: $200-220k
    • Director: $250-350k
    • VP: $400k+
  4. Asset Management (AM) Progression:

    • First few years: $275k+

These figures provide a general idea of salary progression in various finance roles, which can be somewhat indicative of what to expect in MM PC. However, specific figures for MM PC might vary based on the firm, location, and individual performance.

Sources: Salary progression for F500, What has been your total compensation progression in your career?, Salary progression for F500, Big 4 M&A/CF Salary/Progression (with ACA), PE/PC Salary Raises?

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

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Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
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Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
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