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Based on the most helpful WSO content, here are some insights into signing bonuses for BB (Bulge Bracket) associates, specifically for Goldman Sachs (GS) and Morgan Stanley (MS):

  • Goldman Sachs (GS):

    • Signing Bonus: $125,000
    • Bonus is marginally lower compared to other BB and EB firms.
  • Morgan Stanley (MS):

    • Signing Bonus: $60,000
    • Base Salary: $160,000 initially, bumped to $200,000 in the second year.
    • First stub bonus: $40,000
    • First full-time bonus: $125,000 cash

For more detailed financial planning, it's noted that signing bonuses can be paid out at different times, such as when you sign the full-time offer at the end of your summer internship or when you actually start full-time after completing your MBA.

If you need more specific details or have further questions, you might find additional insights in the WSO forums or by consulting with current or former employees of these firms.

Sources: Associate Pay at GS / MS, Associates, when are signing bonuses paid out?, Does GS/MS offer early FT signing bonus?, https://www.wallstreetoasis.com/forum/investment-banking/signing-bonus-on-ft-offer?customgpt=1, Signing Bonuses Update

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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