Biotech ER comp at Junior Levels
Anyone know how much Biotech junioR ER guys make? Is it really that much more? Haven’t really seen concise numbers.
Trending Content - Equity Research Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 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...
I worked at Leerink, base was 95k and my bonus was 50k my first year. Not sure was the base is nowadays, but that bonus is on the higher end for sure.
Good to know ty. How long ago was this? Also bonus is on the higher end for Junior guys now or later in the career?
post covid. That 50k is higher end for 1st year without a MD/PhD.
Gotcha. Also was curious how long you worked in the industry prior to making the move to IB? Also is it biotech IB that you’re in?
They typically get paid more because they hire people with industry expertise and advanced degrees, when I left the sell-side two years ago my firm was paying $125k-$150 base for associate analysts in the sector. It's not uncommon for them to hire people with PhDs from Ivies or similarly strong Masters with research experience. Go on LinkedIn and look at the analysts in the sector from Cowen, Jefferies, Cantor, Evercore, and Guggenheim.
Explicabo vero aut doloremque consectetur. Eum molestiae aliquam iste possimus pariatur in rerum. Laboriosam doloribus totam ut perferendis laboriosam quis id.
Velit qui omnis quia. Aut nam excepturi quas repellat.
Voluptatum doloribus quia magnam. Illo tenetur et sit natus. Aut maiores est nesciunt earum. Temporibus recusandae dicta nesciunt id quia ut maiores. Cumque et repellendus dolores quod est.
Dolor fugit similique cumque. Animi quas possimus neque. Saepe tempora nihil est doloribus.
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...