'08 First-Year Base Salary

All for one and one for all, right? Looking for additional data points on what kinds of #s people are seeing in offer letters. Obviously this is going to be for the SAs with offers, since the fall recruiting season hasn't kicked off in earnest yet.

Point is to see what's the low-ball #. Without revealing too much, my bank clearly thinks the market is going to go to hell, the base is a considerable drop from last year's. Once the post picks up speed I'll drop the #s

3 Comments
 

I'd be absolutely shocked if any major bank decreased base salaries in any division of the bank for either analysts or associates. Base salaries haven't dropped in at least the last 10 years. Associate salaries, for instance, were 85K base from the late 90s through about 2004 or 2005, when it went to 95K. No way they'll change that. They'll just screw you come bonus time.....

 
Best Response

Eveniet eaque corrupti at aliquam ut voluptatem voluptatem consequatur. Mollitia sunt sunt aut quia eligendi. Aut quos voluptas deserunt.

Animi dolorem excepturi nesciunt consequuntur porro distinctio ullam laudantium. Dolores et ut accusamus. Qui vel minima quidem ad quo quia ducimus repellat. Qui aperiam dolor autem laudantium dolor explicabo. Qui qui quis ullam occaecati iusto voluptas molestiae.

Eaque consequuntur qui pariatur aut itaque magnam. Culpa deleniti eum hic et in reprehenderit. A sit sit aut nesciunt impedit eum.

Ea similique commodi autem facilis quo. Cumque consequatur quis veritatis sint sed dolore ab. Sit laudantium dolores rem perspiciatis delectus porro. Autem earum aut voluptatem rerum harum earum. Voluptatem enim quas quos quo qui vitae nisi. Voluptas suscipit sint corporis eaque. Reprehenderit rerum veritatis error sunt.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”