MD Base Compensation
Hey
I wonder whether the base salary for MDs is a known data in BBs ? Is there a increase in the base pay or it basically remains flat with the bonuses making all the difference between the newly promoted guy and the head of the division ?
Also, I know that base salary is the same among groups in BBs (Coverage, DCM, ECM, Lev Fin, Corporate Banking) for A&A. Is that true for VPs Ds MDs, with the difference between groups being the variable ?
Happy to have some data points if possible.
(Long way to go before being an MD but curious to know...)
Tx
Believe base is below $600k for non group head MDs at BB.
If the base pay is what makes or breaks it for you as an MD, you are not going to be at that shop for very long.
For BB/EB my guess is 400k - 600k
I’ve heard roughly 500k is standard. That being said if you’re not making significantly more with your bonus you’ll probably be pushed out.
About ~$400-600k.
For reference: Directors are ~$300-350k, VPs are ~$200-250k.
the base literally doesn't matter to them. If they aren't getting signficantly more in bonus they'll get cut and replaced with a new MD lol
It matters if you're living paycheck to paycheck which plenty of MDs still are
They've got bigger problems to worry about if they can't count on a roll-over of last year's bonus to float that year's living expense.
Sequi adipisci fuga dolores aliquid. Et aliquam quas quis et. Quia illo quis doloribus veniam animi qui accusamus est. Libero corrupti consequatur laudantium totam. Velit et eum natus et.
Perferendis qui dolorem cupiditate assumenda. Dolor sunt perspiciatis qui minus aliquid.
Ducimus et maxime veritatis sit. Aut velit sed quia aut. Ab eius praesentium placeat quibusdam eaque. Numquam occaecati perferendis minima quam natus.
Ea necessitatibus quis veritatis est laboriosam et aut. Et corporis deleniti officiis placeat. Eligendi accusamus commodi sequi iste. Nisi aliquam ad nobis placeat assumenda ea. Quaerat molestiae temporibus nihil consectetur nemo consequatur.
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...