Are Investment Banking Salaries Outside NYC Signficantly Lower?
First time poster here.
The largest number of investment banking jobs are obviously located in NYC. But investment banks are also located in other cities such as Boston, Chicago Houston, Los Angeles and San Francisco.
Hypothetical Question: In terms of investment banking jobs right out of undergraduate from a top 25 university (based on U.S. News and World rankings),
are the starting salaries as well as salary progression significantly lower outside of Wall Street/NYC metro area?
Any helpful insight would be greatly appreciated. Thank you in advance.