Trending Content
+268 | How to deal with elitism | 93 | 2s | |
+111 | Legal implications of “stealing” a model | 70 | 4h | |
+82 | 8 figure comp in IB/PE compared to Tech? | 38 | 3h | |
+58 | Am I Cooked for SA 2029? | 14 | 3h | |
+56 | Has anybody quit for mental health reasons and been able to rejoin PE or high finance more broadly? | 10 | 28m | |
+54 | When after you started have you been hit with reality? | 10 | 1h | |
+44 | What freshman internship would you choose? | 9 | 2d | |
+44 | HELP. Signed but better opportunity | 41 | 14h | |
+36 | 2024 Global Advisory Long Term Internship- Rothschild (London) | 43 | 11h | |
+36 | IB/Finance in Denmark? | 17 | 2h |
Career Resources
Bump
just say the name of the bank the datapoint is literally useless without it
You're right, its SMBC. Do you have your numbers yet?
Most banks won't have numbers for another 2-3 months. My bank reports numbers mid-Aug.
Bump
Bank: SMBC
Title: Associate
Base: 140
Bonus: 125
Why is your base so low for an associate? What year associate are you?
This has to be fake. SMBC associate minimum is $150.
Wtf is happening to my poor brothers at SMBC? Do all banks not have a min 175k base for Associate 1? Is this for investment banking or some other part of the bank like corporate banking?
Unfortunately it’s for all parts. My friend said they were expecting to get the increase (beyond As1-As2 increase) but he was told he is now at $175 as an As2.
Either the bank will change it in a year or so when markets pick up and they need to attract more talent, or they don’t give a F and will continue.
Wow...all of a sudden feeling fortunate to be at $225K as ASO3.
My mom always told me that there were starving kids in Africa but I guess there are some in Japan, too!
Isn't GS ASO1 $150k?
Bump
Bump
Bank: HSBC/MUFG/SMBC
Group: Coverage
Title: An2 -> An3
Base: $105k -> $110k
Bonus: $31.5k
Edit: We have no buckets
Can you edit the post to make sure people include bucket too? And add specifically for IB, data points get messy if CB or other groups post too.
What the fuck is this spambot shit. Get bent
following
My boi it is May.... Give it a few more months lmao
TD / Cowen:
Base: 110k
Bonus: 25k
Bucket: Mid
An2? I’ve heard some huge TD bonus numbers over the last year, what happened
They overpaid and hired way too many people last couple years, so this year they have to adjust. Tons of RIF in since late 2023 and early 2024
Deloitte Corporate Finance An1 -> An2 100 -> 110 Top bucket: 57.5 Mid bucket: 55 Not sure on low/bottom bucket
Is this for real?!? Did not realize Deloitte paid well
Yes, only DCF (~150 bankers total) though, not to be confused with the other M&A advisory/consulting practices in broader Deloitte which pay significantly less. DCF was a boutique bank called Mccoll Partners acquired by Deloitte in 2013. Main presence in Charlotte and Chicago, compete mainly against Piper, 5/3, HW, WFMM, HL and pretty much only do sell-side M&A.
You know its bad when Deloitte is paying more than actual banks. Analysts not even clearing 150k at most places
Dolor fugiat at voluptatem provident magnam adipisci dolorem. Maxime sunt autem doloremque velit fugiat quo. Expedita id est dolorem a voluptas in itaque minus. Quidem aspernatur minus voluptatum assumenda. Voluptate temporibus ut in. Sed sequi harum dignissimos voluptate ipsum.
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...
Voluptatem architecto sed distinctio quidem reiciendis occaecati debitis. Dolore qui et quos est. Voluptatem sit id at quis sed. Quidem reiciendis in ea sequi.
Quidem sit veniam dolores consequatur a ex vel. Ipsam accusantium veritatis repellat molestiae beatae sequi saepe aliquam. Distinctio consequatur ut aperiam tempore nisi provident voluptas.