Equity Research Compensation 2024 (London/Europe)

I thought I'd revisit this topic since I haven't seen a London/Europe compensation thread for a while. With the imminent rollback of MiFID II, it seems relevant to gather some updated data on base salaries, rank, bank size, etc. Although it's too early for bonus cycle information, we can start with base salary details.

Here's my information to start:

  • Rank: Assistant Director/Vice President
  • Years of Experience: 6 years
  • Base Salary: £120k
  • Bank Size: Mid-market
  • Region: London
2 Comments
 

Based on the most helpful WSO content, here is some relevant information on Equity Research Compensation in London/Europe:

Equity Research Compensation in Frankfurt in 2022

  • Base + Bonus for ER Analysts in Frankfurt at BB and Elite Boutiques:
    • There is a lack of precise information about ER compensation specifically for Europe on the forum.
    • The base and bonus progress as you become more senior.

London/Europe Buyside 2022 Comp

  • Example Data:
    • Yrs of Experience: 3 years
    • Years on Buyside: 2 years
    • Fund Type: SM market neutral $1B, fund is up +3% net
    • Base Salary: £72k
    • Bonus: £40k
    • Region: United Kingdom

London Private Credit Compensation 2022

  • Example Data:
    • Fund Type: Direct lending
    • Level: VP2
    • Base Salary: £175k (staying flat into VP3)
    • Cash Bonus: £205k (split 85/15 cash/deferred)

ER Compensation 2022/2023

  • Tasks for Junior Equity Research Analysts on Buy-Side and Sell-Sides:
    • The forum discusses various tasks but does not provide specific compensation details.

Summary

  • Rank: Assistant Director/Vice President
  • Years of Experience: 6 years
  • Base Salary: £120k
  • Bank Size: Mid-market
  • Region: London

For more detailed and updated information, you might want to check the specific threads on Wall Street Oasis or similar forums.

Sources: London Private Credit Compensation 2022, Equity Research Compensation in Frankfurt in 2022, London/Europe Buyside 2022 Comp, ER Compensation 2022/2023, London/Europe Buyside 2022 Comp

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

Magnam ex beatae repudiandae sed dolorem laudantium. Porro voluptatibus aliquid in pariatur. Eius voluptatibus aperiam quasi in.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”