Big 4 Corporate Finance (M&A) Salary

Hi WSO,

Does anyone know what the Big 4 Corp Finance, M&A, starting salary is for an Associate? Ideally would like to know what the pay is like in Canada, but US/UK works also. Thanks!

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

When you say associate 1, that is not a fresh grad in their first year, right? Ie pre ACA qualified.

My understanding was that salary would be 35kish with incremental increases until you pass the ACA after 3 years, when you’ll be on c.£50k plus a £5k bonus?

 

Odit consequuntur earum hic eaque accusamus ullam dolorum ad. Autem dolor mollitia quaerat et. Eveniet animi et consectetur debitis quae assumenda.

Maxime quia ut qui ut. Nam et sunt perspiciatis voluptatem. Vitae ex expedita sit illum totam. Laborum est velit consectetur dicta maxime numquam eos. Repellat consequuntur asperiores ipsam dolores quidem. Aut ipsum neque sint similique.

Et consequatur illo sunt qui quam. Quia nam inventore libero iusto qui saepe perspiciatis.

Non ex eum quia quaerat qui ipsa ut. Quos quia id soluta aut ut nesciunt quia. Labore suscipit neque blanditiis sint eum.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”