Investment Bank Research Division

Hi I am Sarah,

I was a mathematics and quantitative economics major from college. I am really interested in Investment banking and I've researched that all the banks have research functions.

e.g.

http://www2.goldmansachs.com/services/research/gi…

What do you think the salary of members in the research functions at IB's? Do you think they would go for some one with experience from the Federal Reserve (either BOG or NY) which is a primary economic research institution and Monetary policy setter?

Thank you for all the help :)

2 Comments
 

1) Yes many (not all) banks have independent research desks 2) Research is NOT investment banking, the two are VERY different 3) Salaries in reasearch (for analysts) are typically comprised of a higher base and lower bonus (not 100% on this) 4) The background seems great, but typically research analysts have some experience in capital markets. A lot of them also have their CFAs, which I strongly recommend if you want to do research

Hope this helped somewhat...

 
Best Response

Rerum reiciendis ducimus qui. Consequatur molestiae voluptatem deleniti aut quo. Sunt impedit et hic dolorem reprehenderit ex et.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
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...”