Capital Markets Comp 2021?

I haven't been able to find a solid thread about recent comp for DCM/ECM. I understand that bases have also risen for IB. How much are analysts and associates making right now at BB's and good MM's (RBC, CIBC, BMO, TD)?

5,964 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '23 Dec 2026 Cohort

5.00/5

Investment Banking Full Resume Review

“Wilson was very helpful in my resume review. He asked clarifying questions to help me highlight the key aspects of my resume. Following the review, I feel confident that my updated resume accurately reflects my my professional work experience. I also appreciated how quick he was to respond to my enquires. His responses were supportive and ensured that my resume reflected key points that are relevant for my experience. I would definitely want to work with Wilson again in the future as this was a great experience for me.”

Haagse Hogeschool

Class of '28 Nov 2026 Cohort

4.70/5

Investment Banking Career Roadmap (optional)

“I recently had my first roadmap meeting with a mentor from WSO Academy, and it was truly a pleasure. We had such an open, genuine, and insightful conversation. What I appreciated most was how closely his background, career path, and long-term vision aligned with my own ambitions. It was almost as if we shared the same goals and outlook on the future, which made the conversation even more valuable. We discussed a wide range of topics, including starting my career in an analyst role in the APAC region, potential pathways into private equity, and how to eventually transition into the U.S. market. We also talked about opportunities in the Middle East and Europe, the importance of building and maintaining a strong professional network, and even the possibility of starting my own company in the long term. He shared valuable advice on the next steps I should take and how to approach my career strategically. What made the meeting particularly special was how approachable, supportive, and genuinely interested he was in my ambitions. Since I’m currently completing my internship in Singapore and he will also be visiting Singapore soon, we’re planning to meet for a coffee chat, which I’m really looking forward to. Overall, I’m extremely grateful for this experience. It was a genuinely inspiring, helpful, and insightful conversation that made me even more confident about my decision to join WSO Academy. I feel fortunate to have connected with a mentor whose experience and vision align so closely with the career path I hope to pursue.”

See All 11,101 WSO Academy Reviews

11 Comments

IB

Analyst 1 in IB - Gen

4y

. Duplicate

Reply

Quote

Report

Other

Authored by: Certified Investment Banking Professional - 2nd Year AssociateCertified Investment Banking Pro

IB

Analyst 1 in IB - Gen

4y

BMO: 100k

Reply

Quote

Report

Other

Authored by: Certified Investment Banking Professional - 2nd Year AssociateCertified Investment Banking Pro

RE

Prospect in RE - Comm

4y

is that just the base, or with bonus combined (assuming 85k base with 15k bonus)? If the base is 100k, how much in total comp can an analyst or associate expect?

Reply

Quote

Report

Other

Real Estate Classes

IB

Analyst 1 in IB - Gen

4y

The base is 100k. Bonus around 50k for AN1

Reply

Quote

Report

Other

Authored by: Certified Investment Banking Professional - 2nd Year AssociateCertified Investment Banking Pro

1 reply

IB

Analyst 1 in IB - Gen

4y

My roommate is at BofA in CM. Base around 100k, bonus was 85k. An1. MONSTROUS numbers. I didn’t even believe him until he showed me his bank account lol

Reply

Quote

Report

Other

Authored by: Certified Investment Banking Professional - 1st Year AssociateCertified Investment Banking Pro

RE

Prospect in RE - Comm

4y

holy shit thats insane. wow. Im actually shocked. Id assume the average would be around 140-150k, right?

Reply

Quote

Report

Other

iggs99988

IB

4y

Perspiciatis et amet eveniet dolor. Facere numquam error autem porro. Porro consequatur provident officiis delectus voluptatem eos numquam quo. Aut quis distinctio labore qui quia similique sunt. Culpa impedit delectus et nostrum dolor vitae. Voluptas ipsam voluptatem autem culpa.

Eligendi et voluptatum aspernatur dignissimos non optio. Eius totam culpa earum id saepe mollitia officiis veritatis. Dignissimos aperiam reiciendis molestiae praesentium cupiditate. Asperiores inventore enim et autem est. Cumque officiis commodi libero quaerat ducimus.

Suscipit voluptate culpa quia. Repellendus rerum aliquam fugit provident ut ut. Et vitae quo voluptatem qui.

Quibusdam eveniet voluptatum rerum similique repellat. Qui pariatur eius et quasi doloribus et amet. Dignissimos sed tenetur ullam. Porro quia quod quia sint dolores reiciendis. Ea aut ipsum doloribus tempore quia.

Reply

Quote

Report

Other

Authored by: Certified Investment Banking Professional - 1st Year AssociateCertified Investment Banking Pro

+136	UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC	37	16h
+55	PWP acquisition by Piper cancelled	17	7h
+35	New analyst: how are you thinking about learning to model when AI is getting this good?	6	6d
+29	UBS IB #24 in US M&A in 2026	10	5d
+29	Evercore poaches Baird DC Defense Team	16	9h
+25	Houston banking Gods ?	16	1d
+21	Best Houston Banks for Culture in 2026	11	20h
+19	How to Exit a Sweatshop	4	5d
+18	Normal for lateral process to go +2 months?	4	17h
+17	Internal lateral from coverage to M&A (focused on coverage)	2	17h

1	redever	99.2
2	BankonBanking	99.0
3	kanon	99.0
4	Secyh62	99.0
5	Betsy Massar	98.9
6	CompBanker	98.9
7	GameTheory	98.9
8	dosk17	98.9
9	DrApeman	98.9
10	Mimbs	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Capital Markets Comp 2021?

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Capital Markets Comp 2021?

See All Comments - 100% Free

Trending Content - Investment Banking Forum