MM PC Salary progression

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?