How do the Big 4 pay for their IB arms?
A friend is joining one of the big 4's IB advisory arms, curious as to how they pay compared to the street.
A friend is joining one of the big 4's IB advisory arms, curious as to how they pay compared to the street.
| +152 | ONLY THESE BANKS OR YOU STRUCK OUT | 39 | 1h |
| +122 | Why UBS Is the Worst Place to Start Your IB Career | 13 | 1h |
| +113 | IB Energy Drink Tier List / Ranking | 74 | 48m |
| +61 | Firm Thinks I'm Lying About Offer | 20 | 51m |
| +54 | Indiana University Fraternity Pipelines | 33 | 2h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 1d |
| +36 | Rogo AI | 15 | 41m |
| +36 | Elite Boutique interview questions | 8 | 1d |
| +34 | Suspended for a Year | 11 | 16h |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 14 | 2d |
Career Resources
I am curious about this to, as I am looking at trying to work at the big 4 then hopefully move into IB.
Well below in terms of base and bonus.
expect 65-75k base
base is similar to that of audit
Pretty sure Big 4 advisory =/= Big 4 investment banking. For example, PWC advisory falls under consulting while they have a whole separate corporate finance arm that's under investment banking.
A quick search on glassdoo will show you they pay their IB analysts 85k base + 20-30k bonus while advisory associates (analyst level) aer at 70k base + 5k bonus
I believe they are different than their advisory arms, at least at KPMG. Sounds similar to PwC.
https://corporatefinance.kpmg.us/
How's EY TAS pay compared to IB?
I think you need to clarify whether you are asking about the IB group at the Big 4 firms, or if you are talking about their consulting groups.
I think he is asking about the IB arm
Yes - their pure IB groups.
Also what’s the bonus situation like? How well do they place on the buy side?
They don't really place into buy side roles. Bonus is significantly lower than street
Do they place at banks in M&A divisions or restructuring?
Voluptas suscipit modi qui voluptas autem provident rerum et. Consequatur nesciunt excepturi quis quasi accusantium.
Impedit nobis architecto ad nostrum. Accusantium accusantium omnis sapiente. Dolorem non optio ea ipsa. Autem optio doloremque voluptatem rerum expedita quis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...