ER 2010 Market Salary

What type of bank (BB/MM/Boutique) are talking about here? Also, where was your previous experience at, assuming it was ER? Last, what's your definition of analyst? Are you talking about someone with 1-2 years of experience after undergrad or are you talking about a senior analyst position with coverage? I'm assuming you're talking about the former but wanted to clarify first.

BB bank. 2 yrs + prior experience in PE. First experience in ER, but not exactly fresh out of undergrad.

Thanks!!

Sorry and yes - 'analyst' as jr person

Junior people in ER are associates. It's backwards from IB.

Right- but doesn't it depend on which firm as to title?

Okay so then a 2nd yr pre-MBA associate position, bringing to bear 2+ years of experience in another financial sector? Low end/high end?

Okay cool, thanks for the clarification. My guess is that they'd bring you on as either a first or second year. Don't think you'll get credit for a full two years but I could be wrong. Anything in the $70-90K range is competitive, depending on what year they bring you in as. So if they were to bring you on as a second year, then $80K would be competitive. If it was a third year, then $90K.

Hope that helps man.

As for titles, every firm is different. In general, anyone who isn't a senior analyst or someone with coverage in ER is usually referred to as an associate. At BB's, you may have a tiered system where it's analyst (pre-MBA)--->associate (post-MBA)---->junior analyst (covering small/mid-caps)---->senior analyst.