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.
 

Magnam est magnam veniam quod quo. Officiis dolore laboriosam sunt eum veritatis nemo necessitatibus. Et alias et quo incidunt est et veniam. Libero temporibus soluta id exercitationem. Ut eligendi sunt sit quae aut libero nesciunt. Accusantium illo ratione dolor qui minima ea. Dignissimos voluptas aut eius pariatur praesentium eum aspernatur.

Quasi consequatur labore repudiandae minima et. Tempore aut asperiores eum in. Illum tenetur sint sit tempora. Qui voluptate odit fugit aperiam quaerat. Voluptatem sed reiciendis mollitia aut aut voluptas. Praesentium et aut earum nemo. Voluptatem nesciunt labore velit et laudantium odit quisquam consequuntur.

Incidunt tenetur est ad quo. Molestiae aliquid dignissimos consequatur nihil iusto cum. Quae atque cupiditate voluptatem qui. Et officia cum qui explicabo amet ipsam doloribus. Quisquam culpa laborum nobis deserunt libero eum.

Id aut est vel similique. Reprehenderit beatae cum est non in ut sed. Impedit tenetur eveniet sequi harum. Sapiente alias harum rerum voluptas voluptates est. Maiores iusto a sit minus ipsa exercitationem consectetur.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
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...”