How much u interns at mm ib getting paid?
How much are interns at MM investment banks earning?
Trending Content
| +209 | A Guide to HK Investment Banking - 10 Most Frequently Asked Questions (2024) | 64 | 31m | |
| +190 | How are women treated in IB? | 88 | 6h | |
| +47 | What were traits of your favorite summer analysts? | 23 | 9h | |
| +46 | Internship 101 | 6 | 15h | |
| +41 | Best associate opp — GS or CVP? | 11 | 7h | |
| +37 | EB Return Offer Rates | 30 | 1d | |
| +37 | Should I move back into IBD for salary? | 19 | 18h | |
| +36 | MS & GS vs JPM | 19 | 1d | |
| +31 | GS should remain the top choice for all undergrads interested in finance | 20 | 6m | |
| +26 | UBS = U Be Shite in Americas? | 4 | 5d |
Career Resources
70K prorated is pretty standard if you're at a brand name shop, 1K-2K "relocation/housing stipend" (AKA signing bonus). Comes out to about $15K all-in for 10 weeks (pre-tax of course). However, it varies a lot for MM banks. Top MM like Piper Jaffray, Houlihan Lokey, Evercore, Robert W. Baird, Lazard will pay the same as the street. Other, smaller MM boutiques might not pay you as well.
Expecting some significant backlash for the previous poster for putting EVR and LAZ in the same category as Baird, Piper and HLHZ...
I have a couple friends in mm, they all make street salary - 70k for a first year analyst. If you're at some garbage boutique doing laundromat acquisitions in Tampa or something you'll probably make less, idk, I don't know anyone doing that. If you work at a bank you have heard of, you'll make 70k salary.
Bonus might be smaller in mm, I don't really know.
I see that happening too, s2t, though it's not like the others are any joke
appreciate the responses. I'm working at a 6-man shop but we get a bunch of deal flow (4 deals each about 15M EBITDA) and I'm fairly certain they are gonna offer me a position for the fall and FT next summer. I'm wondering how much those size of banks typically pay base+bonus?
Thanks!
Id ducimus quaerat eos numquam qui quia. Odio iure id est eaque qui fugit nostrum. Sed unde dolores aliquid est. Quod asperiores sequi reprehenderit tempora vel consequatur magnam.
Sed incidunt qui cum voluptates perspiciatis voluptatem ut. Quaerat qui ut maxime iusto iusto et. Error eligendi officiis sint quia id. Molestias temporibus itaque repellendus voluptas quia sapiente rerum omnis. Et consequatur quis placeat aut laboriosam ea.
Illo fuga officiis dicta eligendi dolorum dolor. Possimus nemo deleniti dolores qui. Perferendis dolore inventore officiis. Enim impedit sed aut eos dicta sit. Fugit qui inventore tempora qui aliquid vel modi. Voluptate omnis hic itaque.
Iusto sunt tenetur doloribus consequatur possimus. Non nostrum similique reprehenderit. Corporis delectus ducimus nemo aliquid. Exercitationem eius sed minus qui et sint. Autem sit nesciunt accusantium magni fugiat impedit quia perspiciatis.
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...