London SA compensation
Hey guys,
Just curious about what is the approx London SA weekly salary for each kind of firm. Could anyone provide data (ie: what kind of firm and weekly salary)?
Thanks.
Trending Content - Investment Banking Forum
| +416 | Is UBS really that bad? | 76 | 40m |
| +259 | Investment Banking is Divine | 40 | 2d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 46 | 5h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +54 | Useless associates | 11 | 4h |
| +48 | Differences in Restructuring Teams? | 24 | 1h |
| +40 | Is Houston SA 28 recruiting already over? | 34 | 1d |
| +36 | How do you manage nerves in IB technical interviews? | 8 | 8h |
| +34 | FIG Pigeonholes you - is it true? | 13 | 1h |
| +34 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 6 | 34m |
Career Resources
50k prorated is standard
Thanks! So approx 950 pounds/week?
Pre-tax
European BB. Most firms are pretty standard with London SA compensation.
£50K prorated + £1k signing bonus + £1k for not taking 5 alloted sick days.
What does PS mean?
Pound Sterling (£)
American EB: PS 45k pro rated (i.e. PS 3,750 per month)
American EB: £55K pro rated
Canadian Bank - 38k GBP pro rata'd (FICC)
Boutique - 36k GBP pro rata'd (with additional 0.75k-1k bonus based on performance) (M&A)
Reviving this thread for incoming 2021 interns Does the base ever change? Hasn’t it been 50k base since forever ago? Do they not adjust it upwards for inflation?
There's no need to increase it, most banks could probably decrease it and still receive the same level of interest
They could even require students to pay them 5k a month for the internship and they will still receive thousands of applications lmao
Deleted
European BB - 50k pro rated 1k signing
Asian bank - 58k pro rated 1k signing
American EB - 50k pro rated
why do asian banks pay more?
To compensate
GS is £47k prorated (9 weeks) + £1k relocation bonus
GS discount...
Nam labore aut exercitationem accusamus sint voluptate. Odio quia tempore praesentium veniam consequatur. Nostrum eligendi blanditiis adipisci ut sunt qui pariatur. Ipsum totam explicabo magni ut ea sint sed. Eos vel porro enim officiis quae autem molestias. Expedita et voluptatem voluptatem aut.
Eum laudantium explicabo ea rerum voluptates numquam at minus. Sunt ea consequatur fuga non tenetur harum.
Rem voluptatem quaerat enim quaerat architecto placeat. Aliquam quaerat earum et repudiandae odio.
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...