Hello everyone - Figured it would be nice to see a benchmark of salaries for undergrads entering full time work that are significantly above "street". I run a fund and am trying to attract top talent, so a list of the highest paying packages for An1 besides Prop Trading would be appreciated. Specific names would be best.
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At a lower BB think Barclays, UBS, DB. Bonuses depend on group but generally have heard 140-170 all in for top groups at those shops, street base is 110 except for some EB's which are at 120. Have a friend at PJT M&A NYC who got 200k all in so I can ping that as a datapoint, I believe RSSG was 220k.
What about outside RX at PJT?
Gordon Dyal paid out 300k+ to An1 class in recent memory. Ardea pays around 240k and all interns are bucketed the same. Evercore consistently pumps 170-190k (+/-). Ducera is a sweatshop but well known for 220k An1. For HF side, P72 Academy is around 180-225k, Weiss is 250-350k depending on competing offers, Citadel Baly and MLP are are roughly the same around 200k. MFPE I have little insight into but threads say around 180-220k and im assuming credit is nearly identical nowadays. VC is a complete black box and likely is below IB at the An1 level. Specialized Rx advisors like Province pay 230-260k An1 or M3 which is 140 base +100% Bonus. Quant is anywhere from these numbers to 500k+ but seems you are excluding those. Startups are black box but are around these figures, happy to add SWE side of stuff if interested but seems like just finance these are the outliers and upper ranges.
province an1 100% bonus tc 230-260k? more like half of that
Interesting, from your comment history it seems like you either had a bad experience with the firm/ex-employee or currently work there. Could you provide clarity on An1 salary then since the forums on CO seem to back this up?
Nope, Province really is that high. If you knew anything about RX consulting, you'd know that how "prestigious" your background is doesn't really mean that much to them, it's more about actual problem solving skills, fit and operational experience.
Not sure on Province, but A&M RX AN1 is anywhere from 150-280K. Alix RX is around 130-150.
FTI still underpaying? - surprised to see Alix not paying more. A&M only pays that much if you hit crazy billable hours which is doable as an AN1
Adding on, I believe some other specialized RX co outfits also pay that level
Weiss is closer around $400-550k
Where do you have that Weiss comp from? I heard higher ?
Saw someone on WSO say there close friend got ~450k/500k all-in with a $150k base, and base was recently bumped from 150k to 200k for 2026 interns. I was being bit conservative, so midpoint could def be higher for new analysts. What have u heard?
Weiss doesn’t exist anymore so….
Do you know what Bracebridge comp is?
I went to a target with classmates at multiple of those shops. I can confirm P72, Citadel, and Province.
Is that meaning Province Pays 230-260K is True? I heard they pay interns 30/hr. How is that possible? Also their Analyst Class are from semi, non targets. Just curious
I think this salary is quoted because they had a blowout year last year and perhaps the PE acquisition had something to do with it.
UBS TMT
Attracting someone because of An1 comp and that someone being a high quality candidates is two contradictory ideas
Very interesting question coming from a Principal at a HF
Yeah I bet it's a college student trying to figure out what pays the most
Ya this thread seems to just be information gathering on first year comp of money hungry college students, if you are starting up an HF you likely have a built out network to source talent and pay accordingly.
Anyone know FTP AN1 base?
Somewhere between 140k and 140k base btw
They kept lowering it from 140; now it is at 100.
Such a joke of a bank lmao. Do analyst bonuses still have a 3 year vest?
Currently is 110, not 140, not 100. They had a big boom and were understaffed in 2020 from fintech at the time, which caused the 140k. They lowered it back a little over a year ago, as well as cut back down to a more balanced staff size. Currently they're doing good again, did 2.2Bn and 1.3Bn deals within the past month despite most of their stuff being smaller cap raises. Also the summer analysts internship is 8 weeks lol
Congrats on FT. I only said they cut down the internship for 2023. The firm hasn't closed an actual quality deal in a very long time, and exits went to virtually zero.
It's 110 for the class incoming this year. 140 was phased out. Went from 140 to 120 to 110.
Reading the above, and out of curiosity, how much do you plan to pay your AN1?
They will pay their AN1 in experience XD
Q
I love seeing Q mentioned becuase I immediately think back to this thread https://www.wallstreetoasis.com/forum/investment-banking/absurdly-high-pay-at-qatalyst-any-truth-to-the-rumorsWhich claims first year associates are raking in half a million.
Are we sure that Ducera comps 220k for An1, can anyone confirm.
Yes Anon account I can confirm with 100% confidence.
~ yours truly...Anon account
This is not true lmao. I have 3 alumni who went there for analyst years. None of them broke 180k for An1.
It's definitely been true for the last 3 years to be 200-220 (Base+ Christmas bonus + Summer bonus). We'll see how this year shakes out
Can we get a list of high paying and low paying SA salaries. I am literally getting paid 20 an hour at Oppenheimer for IB, not even kidding check the old posting for SA 2026. I thought when I would get the offer it would be more, but no its poverty wages. Is anyone else getting cucked?
They are not paying $20 an hour for fulltime right? 20/hr at oppenheimer is diabolical
My cousin did SA at Wells and was paid 53k gross for 10 weeks. That's the highest SA pay I’ve heard of—not even close to my BB. So if you have interns, there’s a benchmark.
Any idea what an1 comp is there?
He said An1 ranged from 180-200 for his group. They pay well.
that’s like quant trading levels of comp for 10 weeks
i didn’t know IB pay is that close to trading
A couple banks like RBC, Citi, WF pay overtime for SA. 53k implies a fuckload of hours though lol (might be possible in Chrlotte) and trust me wells overhires so interns are realistically not seeing near that.
Know someone who landed a job at a GenAI “start up” (think OpenAI) that cleared 1m (mix of stock and cash) if you want a true outlier.
What kind of role was it? Did they land it out of undergrad?
Research team, out of graduate though I would argue in STEM doing some graduate studies is just par for the course
They pay the equivalent of SDR 220k at certain AI companies.
good analyst comp
Bump
.
I work at a small boutique that specializes in a specific industry. Our all in analyst comp ranged from 160-200 this year. Top bucket an3 being at 200. I work from a satellite office in a MCOL. HQ is in a tier 1 city and we pay in line with that regardless of location. Bonus being ~80% of salary for top performers.
Would most people on this forum know your firm?
No, we focus on only one industry and our bread and butter is two pretty specific sub verticals in that space. Not a bad set up, good comp I feel with not terrible hours. You have about a fourth of the year that is 80-100 and then rest of the year is about 50-60. Had a decent amount of weeks I put in maybe 40 hours. Good upward mobility and direct exposure to seniors daily. One thing culturally that is nice is there's no working or being online for the sake of "putting in hours." When you're done with your work for the day you can sign off. Can't really complain.
CMD?
Q, CVP, Dyal, Ardea, Tidal, M Klein
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