Is there a tangible difference in compensation between the post-MBA-->Associate and the direct Analyst-->Associate route?

Assuming one decides to forego the MBA and just stay an extra year to get promoted from Analyst to Associate, is the compensation you get as an Associate much lower than as an MBA hire?

I've tried the search, but couldn't really find anything specific to this topic.

3 Comments
 

Agree with TechBanking. I would be surprised if an MBA Associate gets a higher bonus solely because of their MBA. I would also add that an Associate should be able to execute everything an Analyst does in a timely manner. An MBA Associate in their first year can't do that in my experience. As an Analyst, working with an MBA Associate with no banking experience is a bit painful as they try to reinvent the wheel and add value which only results in more hours.

Again it is difficult to generalise but this is my experience.

 

Aliquid corporis quos non aut. Harum repellat omnis iste fugiat atque voluptatem. Et sed et cumque est sed.

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 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $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

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...”