Many banks are giving out offers around now so lets get a thread going listing analyst pay for the class of '08 across different banks. Assuming that most are identical or very similar, but who knows...
MS: 60K +10K
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Lehman: 60k +10k
I think it's pretty standard at the top tier banks...60+10 to 65+15 is the range I've heard (seems to be tending towards the lower end of that too)
who gets 65+15
Heard a friend at a MM is getting 60/15
ny boutique. 70 + 20.
That is such low pay. How do you expect anyone to survive in places like NY on 60-70k and putting in that many hours for it. Ridiculous. Consulting pays the same for much better work-life balance. One of my friends got into Goldman Chicago last year with 80+20
80/20 as a first year banking analyst? I don't believe that.
mmkitkat:
Well, the idea is to survive until the bonus, which is much larger than the consulting bonus, comes in June/July
I have a friend who's uncle's cousin's niece's brother-in-law got 210+100. At a ny boutique. Seriously they all pay the same, and 5 or even 10k DOES NOT MATTER. May seem like a lot of money when you're first starting out but it's all about how much you are going to make down the line.
What is the June/July bonus usually like for an analyst?
For first years, this past June/July, the range was 70k-90k I believe
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