Institutional Banking Salaries Australia

Hi all - I'm curious to see if anyone knows the approximate up to date salaries for the big 4 + macquarie in the Institutional banking space for Associate Directors and above?

Robert Walters data is suggesting that 2025 salaries are much lower to 2024 which I can somewhat believe, but hoping someone might have some anecdotes that they can share.

3 Comments
 

Based on the most helpful WSO content, the average compensation for Investment Banking roles in 2023 provides a useful benchmark. While specific data for Institutional Banking in Australia isn't explicitly detailed, here are the figures for Investment Banking roles that might offer some insight:

  • Director/MD: $592K
  • Vice President: $392K
  • Associates: $260K

For Associate Directors and above in Institutional Banking, salaries might align closely with these figures, though variations could occur depending on the bank and specific role. Macquarie, for instance, has been noted for paying above the street in some cases, which could influence their compensation structure.

If Robert Walters data suggests a decline in 2025, it might reflect broader market trends or specific adjustments within the Australian banking sector. For more precise anecdotes, engaging directly with professionals in the space or consulting updated salary reports might provide clarity.

Sources: 2018 Investment Banking Report: 8 Trends in the Industry, 2017 Investment Banking Report: 8 Key Trends to Know, 2017 Commercial/Corporate Banking Bonuses, IB Salaries in Australia?, https://www.wallstreetoasis.com/forum/investment-banking/macquarie-capital-in-2019-nyc-ib?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Sint praesentium et repellendus laudantium ipsam nulla. Dolor adipisci earum aut est officiis sit asperiores. Sequi sed nobis vitae omnis nihil.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”