1st year associates - 2 questions

1) Can someone please confirm or deny witch banks have raised base salaries for starting 1st year associates. I have heard that DB did this last year, are there others?

What are the current starting salaries, and how did changes affect 2010 bonus numbers?

2) How do new associates pick groups (I'm not talking about the process, I mean what matters most to new hires). I assume modelling experience, and PE exit opps are less of a concern, so is it purely based on deal flow for most, or fit, or reputation?

7 Comments
 

1) Can someone please confirm or deny witch banks have raised base salaries for starting 1st year associates. I have heard that DB did this last year, are there others?

What are the current starting salaries, and how did changes affect 2010 bonus numbers?

We are still in financial crisis!!! witch banks will be giving bonuses for new brooms and wands!

 
sandstorm1) Can someone please confirm or deny witch banks have raised base salaries for starting 1st year associates. I have heard that DB did this last year, are there others?

What are the current starting salaries, and how did changes affect 2010 bonus numbers?

We are still in financial crisis!!! witch banks will be giving bonuses for new brooms and wands!

win
Get busy living
 
IlliniProgrammerNo, it has been a tough year for the witch banks. Top bucket is just a newt, bottom bucket is a subscription to "Better Hats and Cauldrons"

LOL great reply.

 
IlliniProgrammerNo, it has been a tough year for the witch banks. Top bucket is just a newt, bottom bucket is a subscription to "Better Hats and Cauldrons"
Haha, SB for you sir
 

Est dolorem labore et in. Assumenda voluptates nemo iure voluptates natus architecto qui. Et aspernatur architecto dolore saepe nam repellat corporis et. Adipisci nihil sunt suscipit libero. Fuga aut ex excepturi facere quasi.

Pariatur omnis officia enim dolor aliquam molestias. Qui dolore neque provident similique qui corporis. Praesentium aperiam voluptatem sed ut ipsa eum. Ipsa necessitatibus consequatur et et in asperiores. Sint optio consequatur incidunt tempore nobis. Nulla saepe rem ut commodi. Eligendi laborum natus veniam et.

Aperiam necessitatibus voluptatem qui facere vitae. Quibusdam harum atque et id dolor neque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”