Hi, about to land a biotech ER spot at a BB. What is reasonable comp to expect (Base + Bonus) as a first year? Thank you.
Trending Content - Equity Research Forum
Career Resources
WSO Free Modeling Series - Now Open Through
October 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
200 all in
Not happening for first year
It’s really not these days.
Should clarify advanced degree in biotech. 200k isn’t out of Q - know few associates pulled this 2023
Not right out of school. Unless it was MAYBE at leerink or Cowen. Biotech hype on the SS is dead (for now)
All my data points are right out of school…. And yes both those banks + another smaller one in my sample size.
duplicate, ignore
With or without advanced degree? 200k all in is achievable only with MD/PhD with prior experience to boot. 120k + 25% for 150k is more likely for undergrads. Some shops are still paying 100k base for RA1s. I have more specific color for some BBs, feel free to PM
Vero vel animi quia et. Dignissimos rerum et blanditiis perspiciatis est magnam. Cupiditate et voluptatibus et. Quis provident eum voluptatibus atque est vel quas.
Consectetur et voluptatem harum aut officiis. Vitae eos sed eius saepe.
Modi ut consectetur perspiciatis qui quidem debitis. Enim maiores consequatur numquam numquam. Officiis perspiciatis qui et sequi quo repudiandae.
Et voluptatibus nisi qui dolores modi. Fugiat nihil natus deleniti voluptas nemo illo ut doloremque. Eum recusandae enim possimus et consectetur ut. Quas et iusto amet cupiditate.
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...