Banking bonus schedules

When do banking bonuses come out for specific banks? I know some firms do it in the spring while others do it in the summer.

5,803 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '29 Oct 2026 Cohort

5.00/5

Investment Banking Mock Coffee Chat

“Kevin was incredibly helpful. He took the time to do a coffee chat with me and was candid about where I could improve. His main point was that I should build more knowledge of the industry before these conversations, so I can ask sharper questions and show I've done my homework. He also gave me a clear framework for the conversation itself. Start by asking about their background and how they got into their role. Then ask for advice for my field, including what they would do in my shoes. He also explained when it is and isn't appropriate to ask for a referral, which is something I hadn't thought through before. ”

Class of '27 Jul 2025 Cohort

5.00/5

Investment Banking Mock Interview

“Julius is great. This was my first mock interview with him and definitely not the last. Before the session, he emailed me a clear plan of what we would cover: behaviorals like Why Citi and Why IB, sector trends and recent deals, classic technicals across accounting, DCF, comps, LBOs and accretion/dilution, and conceptual questions to test whether I actually understood the material rather than just memorizing answers. That structure made my preparation much more focused. During the mock, he pushed past the standard answers to check my understanding, which showed me exactly where I need to go deeper. He is very responsive over email, knowledgeable about the recruiting process, and clearly invested in helping me improve. I have been learning a lot from him and plan to book more sessions.”

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2 Comments

Beny23

IB

13y

it's different for each firm

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Kejsaren

AM

13y

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Banking bonus schedules

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Banking bonus schedules

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